TSE:MRG.UN - Morguard North American Stock Price, Price Target & More

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C$14.90 +0.05 (+0.34 %)
(As of 05/23/2018 06:00 AM ET)
Previous CloseC$14.90
Today's RangeC$14.85 - C$14.96
52-Week RangeC$13.17 - C$16.21
Volume19,283 shs
Average Volume34,809 shs
Market CapitalizationC$466.95 million
P/E RatioN/A
Dividend Yield4.76%
Beta0.42

About Morguard North American (TSE:MRG.UN)

Morguard North American 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

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins177.90%
Return on Equity47.67%
Return on Assets15.53%

Miscellaneous

EmployeesN/A
Outstanding Shares33,680,000

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

What is Morguard North American's stock symbol?

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

What price target have analysts set for MRG.UN?

3 brokers have issued 1-year price targets for Morguard North American's stock. Their predictions range from C$14.50 to C$16.00. On average, they expect Morguard North American's share price to reach C$15.50 in the next twelve months. View Analyst Ratings for Morguard North American.

Who are Morguard North American's key executives?

Morguard North American'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

Has Morguard North American been receiving favorable news coverage?

Headlines about MRG.UN stock have been trending somewhat positive on Wednesday, according to Accern Sentiment. The research firm ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Morguard North American earned a coverage optimism score of 0.15 on Accern's scale. They also assigned media coverage about the company an impact score of 46.02 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

How do I buy shares of Morguard North American?

Shares of MRG.UN 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's stock price today?

One share of MRG.UN stock can currently be purchased for approximately C$14.90.

How big of a company is Morguard North American?

Morguard North American has a market capitalization of C$466.95 million.

How can I contact Morguard North American?

Morguard North American'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 (MRG.UN)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  103 (Vote Outperform)
Underperform Votes:  103 (Vote Underperform)
Total Votes:  206
MarketBeat's community ratings are surveys of what our community members think about Morguard North American and other stocks. Vote "Outperform" if you believe MRG.UN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MRG.UN will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Morguard North American (TSE:MRG.UN) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
3 Wall Street analysts have issued ratings and price targets for Morguard North American in the last 12 months. Their average twelve-month price target is C$15.50, suggesting that the stock has a possible upside of 4.03%. The high price target for MRG.UN is C$16.00 and the low price target for MRG.UN is C$14.50. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 2.672.753.003.00
Ratings Breakdown: 0 Sell Rating(s)
1 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 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$15.50C$16.25C$16.83C$17.00
Price Target Upside: 4.03% upside17.24% upside24.32% upsideN/A

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

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

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

Show:
DateBrokerageActionRatingPrice TargetDetails
3/29/2018CIBCReiterated RatingNeutralC$14.50View Rating Details
2/16/2018TD SecuritiesLower Price TargetBuyC$17.00 ➝ C$16.00View Rating Details
2/15/2018Royal Bank of CanadaLower Price TargetOutperformC$16.50 ➝ C$16.00View Rating Details
5/4/2017Eight CapitalUpgradeNeutral ➝ BuyC$17.50 ➝ C$18.50View Rating Details
(Data available from 5/23/2016 forward)

Earnings

Dividends

Morguard North American (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

Morguard North American (TSE MRG.UN) Insider Trading and Institutional Ownership History

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

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

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
(Data available from 1/1/2013 forward)

Headlines

Morguard North American (TSE MRG.UN) News Headlines

Source:
DateHeadline
Morguard North American (MRG.UN) PT Raised to C$16.50 at Royal Bank of CanadaMorguard North American (MRG.UN) PT Raised to C$16.50 at Royal Bank of Canada
www.americanbankingnews.com - April 14 at 9:37 AM
Morguard North American Residential REIT (MRG.UN) Given a C$14.50 Price Target at CIBCMorguard North American Residential REIT (MRG.UN) Given a C$14.50 Price Target at CIBC
www.americanbankingnews.com - March 29 at 2:30 PM
Morguard North American Residential REIT (MRG.UN) PT Lowered to C$16.00 at TD SecuritiesMorguard North American Residential REIT (MRG.UN) PT Lowered to C$16.00 at TD Securities
www.americanbankingnews.com - February 16 at 4:02 PM
Royal Bank of Canada Trims Morguard North American Residential REIT (MRG.UN) Target Price to C$16.00Royal Bank of Canada Trims Morguard North American Residential REIT (MRG.UN) Target Price to C$16.00
www.americanbankingnews.com - February 15 at 2:52 PM
Morguard North American Residential REIT Announces 2017 ResultsMorguard North American Residential REIT Announces 2017 Results
www.bizjournals.com - February 14 at 8:52 AM
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 (TSE:MRG.UN) SEC Filings

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Social Media

Financials

Financials are not available for this stock.

Chart

Morguard North American (TSE MRG.UN) Stock Chart for Wednesday, May, 23, 2018

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This page was last updated on 5/23/2018 by MarketBeat.com Staff

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