Morguard North American Residential REIT Stock Price, News & Analysis (TSE:MRG.UN)

C$14.84 0.13 (0.88 %)
(As of 12/14/2017 08:00 AM ET)
Previous CloseC$14.84
Today's RangeC$14.71 - C$14.84
52-Week RangeC$13.25 - C$16.21
Volume18,825 shs
Average Volume32,261 shs
Market CapitalizationC$499.90 million
P/E RatioN/A
Dividend Yield4.45%
Beta0.38

About Morguard North American Residential REIT (TSE:MRG.UN)

Morguard North American Residential REIT logoMorguard North American Residential Real Estate Investment Trust (the Trust) is a real estate investment trust (REIT). The Trust's investment objectives are to generate stable and growing cash distributions on a tax-efficient basis; enhance the value of the REIT's assets and maximize long-term Unit value through active asset and property management, and expand the asset base of the REIT and increase adjusted funds from operations per Unit primarily through acquisitions and improvement of its properties through targeted deployed capital expenditures. The Trust owns multi-suite residential rental properties in Canada and the United States. The Trust owns interest in a portfolio of over 10 Canadian residential apartment buildings and approximately 30 residential walk-up garden communities in the United States, consisting of over 13,470 residential suites that are located in Alberta, Ontario, Colorado, Texas, Louisiana, Alabama, Georgia, Florida and North Carolina.

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Industry, Sector and Symbol

Industry N/A
Sub-IndustryN/A
SectorN/A
SymbolTSE:MRG.UN
CUSIPN/A
Phone+1-905-2815923

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPSC$1.72
Net IncomeN/A
Net Margins107.54%
Return on Equity32.93%
Return on Assets10.62%

Miscellaneous

EmployeesN/A
Outstanding Shares33,680,000

Morguard North American Residential REIT (TSE:MRG.UN) Frequently Asked Questions

What is Morguard North American Residential REIT's stock symbol?

Morguard North American Residential REIT trades on the Toronto Stock Exchange (TSX) under the ticker symbol "MRG.UN."

Where is Morguard North American Residential REIT's stock going? Where will Morguard North American Residential REIT's stock price be in 2017?

3 brokers have issued 12 month price targets for Morguard North American Residential REIT's shares. Their predictions range from C$16.00 to C$18.50. On average, they expect Morguard North American Residential REIT's stock price to reach C$17.00 in the next twelve months. View Analyst Ratings for Morguard North American Residential REIT.

Who are some of Morguard North American Residential REIT's key competitors?

Who are Morguard North American Residential REIT's key executives?

Morguard North American Residential REIT's management team includes the folowing people:

  • Kuldip Rai Sahi, Chairman of the Board of Trustees, Chief Executive Officer
  • Robert D. Wright, Chief Financial Officer
  • Brian Athey, Vice President - Operations, Canada
  • John Talano, Vice President - Operations, U.S.
  • Paul Miatello, Vice President
  • Beverley G. Flynn, General Counsel, Secretary
  • Avtar T. Bains, Lead Independent Trustee
  • Dino Chiesa, Independent Trustee
  • Mel Leiderman CPA, Independent Trustee (Age 64)
  • Frank M. Munsters, Independent Trustee

How do I buy Morguard North American Residential REIT stock?

Shares of Morguard North American Residential REIT and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

What is Morguard North American Residential REIT's stock price today?

One share of Morguard North American Residential REIT stock can currently be purchased for approximately C$14.84.

How big of a company is Morguard North American Residential REIT?

Morguard North American Residential REIT has a market capitalization of C$499.90 million.

How can I contact Morguard North American Residential REIT?

Morguard North American Residential REIT's mailing address is 1000-55 City Centre Dr, MISSISSAUGA, ON L5B 1M3, Canada. The company can be reached via phone at +1-905-2815923.


MarketBeat Community Rating for Morguard North American Residential REIT (MRG.UN)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  79 (Vote Outperform)
Underperform Votes:  89 (Vote Underperform)
Total Votes:  168
MarketBeat's community ratings are surveys of what our community members think about Morguard North American Residential REIT and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Morguard North American Residential REIT (TSE:MRG.UN) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 3.003.003.003.00
Ratings Breakdown: 0 Sell Rating(s)
0 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: C$17.00C$17.00C$17.13C$16.88
Price Target Upside: N/AN/AN/AN/A

Morguard North American Residential REIT (TSE:MRG.UN) Consensus Price Target History

Price Target History for Morguard North American Residential REIT (TSE:MRG.UN)

Morguard North American Residential REIT (TSE:MRG.UN) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetDetails
11/3/2017TD SecuritiesLower Price TargetBuyC$17.50 -> C$17.00View Rating Details
8/2/2017Royal Bank of CanadaBoost Price TargetOutperformC$16.00 -> C$16.50View Rating Details
5/4/2017Eight CapitalUpgradeNeutral -> BuyC$17.50 -> C$18.50View Rating Details
2/17/2017CIBCBoost Price TargetC$14.50 -> C$16.00View Rating Details
(Data available from 12/14/2015 forward)

Earnings

Earnings History for Morguard North American Residential REIT (TSE:MRG.UN)


No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Morguard North American Residential REIT (TSE:MRG.UN) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Morguard North American Residential REIT (TSE:MRG.UN) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/28/2015Monthly$0.055.93%1/28/20152/13/20152/13/2015
11/25/2014Monthly$0.055.89%11/25/201412/15/201412/15/2014
10/29/2014Monthly$0.056.07%10/29/201411/14/201411/14/2014
9/26/2014Monthly$0.055.86%9/26/201410/15/201410/15/2014
8/27/2014Monthly$0.055.63%8/27/20149/15/20149/15/2014
7/29/2014Monthly$0.055.77%7/29/20148/15/20148/15/2014
6/26/2014Monthly$0.055.82%6/26/20147/15/20147/15/2014
4/28/2014Monthly$0.055.84%4/28/20145/15/20145/15/2014
3/27/2014Monthly$0.056.15%3/27/20144/15/20144/15/2014
2/26/2014Monthly$0.056.19%2/26/20143/14/20143/14/2014
1/29/2014Monthly$0.056.12%1/29/20142/14/20142/14/2014
12/27/2013Monthly$0.056.38%12/27/20131/15/20141/15/2014
11/27/2013Monthly$0.056.19%11/27/201312/13/201312/13/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Morguard North American Residential REIT (TSE MRG.UN)

No insider trades for this company have been tracked by MarketBeat.com

Headlines

Morguard North American Residential REIT (TSE MRG.UN) News Headlines

Source:
DateHeadline
Morguard North American Residential REIT Declares November 2017 Distribution Of $0.0550 Per UnitMorguard North American Residential REIT Declares November 2017 Distribution Of $0.0550 Per Unit
www.thestreet.com - November 17 at 11:00 PM
Morguard North American Residential REIT (MRG.UN) Given New C$17.00 Price Target at TD SecuritiesMorguard North American Residential REIT (MRG.UN) Given New C$17.00 Price Target at TD Securities
www.americanbankingnews.com - November 3 at 3:52 PM
Morguard North American Residential REIT 2017 Third Quarter Results Conference CallMorguard North American Residential REIT 2017 Third Quarter Results Conference Call
www.marketwatch.com - October 5 at 8:59 AM
Morguard North American Residential REIT Declares September 2017 Distribution of $0.05333 per UnitMorguard North American Residential REIT Declares September 2017 Distribution of $0.05333 per Unit
www.marketwatch.com - September 16 at 6:35 AM
BRIEF-Morguard North American Residential REIT, Morguard Corp complete acquisition of U.S. multi-suite residential propertyBRIEF-Morguard North American Residential REIT, Morguard Corp complete acquisition of U.S. multi-suite residential property
www.reuters.com - August 20 at 11:08 AM
Morguard North American Residential REIT (MRG.UN) Given New C$17.50 Price Target at TD SecuritiesMorguard North American Residential REIT (MRG.UN) Given New C$17.50 Price Target at TD Securities
www.americanbankingnews.com - August 8 at 3:14 PM
Morguard North American Residential REIT (TSE:MRG.UN) Price Target Raised to C$18.00Morguard North American Residential REIT (TSE:MRG.UN) Price Target Raised to C$18.00
www.americanbankingnews.com - July 14 at 2:37 PM
Morguard North American Residential REIT Declares May 2017 Distribution of $0.05333 per UnitMorguard North American Residential REIT Declares May 2017 Distribution of $0.05333 per Unit
www.marketwatch.com - May 15 at 10:20 AM
Morguard North American Residential REIT Announces 2017 First Quarter ResultsMorguard North American Residential REIT Announces 2017 First Quarter Results
www.bizjournals.com - May 2 at 7:13 PM
Morguard North American Residential REIT Announces Completion of its Previously Announced Public Offering of $60 Million of Trust UnitsMorguard North American Residential REIT Announces Completion of its Previously Announced Public Offering of $60 Million of Trust Units
www.marketwatch.com - January 9 at 7:22 PM
IIROC Trade Halt - Morguard North American Residential Real Estate Investment TrustIIROC Trade Halt - Morguard North American Residential Real Estate Investment Trust
www.finanznachrichten.de - December 15 at 7:29 PM
Morguard - An Attractive Real Estate Asset Manager - Seeking AlphaMorguard - An Attractive Real Estate Asset Manager - Seeking Alpha
seekingalpha.com - December 11 at 9:53 AM
These +3% Yielders Just Gave Their Shareholders a RaiseThese +3% Yielders Just Gave Their Shareholders a Raise
www.fool.ca - November 10 at 9:06 AM
Earn Passive Income With These 2 Residential REITsEarn Passive Income With These 2 Residential REITs
www.fool.ca - August 5 at 6:27 PM
BRIEF-Morguard North American Residential REIT announces Q2 resultsBRIEF-Morguard North American Residential REIT announces Q2 results
www.reuters.com - August 2 at 6:36 PM
Tuesday’s TSX breakouts: This REIT has a stable distribution, 4.8% yieldTuesday’s TSX breakouts: This REIT has a stable distribution, 4.8% yield
www.theglobeandmail.com - June 7 at 6:29 PM
Morguard North American Residential REITMorguard North American Residential REIT
www.baystreet.ca - February 3 at 2:24 PM

SEC Filings

Morguard North American Residential REIT (TSE:MRG.UN) SEC Filings

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Social Media

Financials

Financials are not available for this stock.

Chart

Morguard North American Residential REIT (TSE MRG.UN) Stock Chart for Thursday, December, 14, 2017

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This page was last updated on 12/14/2017 by MarketBeat.com Staff

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