TSE:MRG.UN Morguard North American Residential Real Estate Investment Trust (MRG.UN) Stock Price, News & Analysis → How Biden has already won 2024 (From Porter & Company) (Ad) Free MRG.UN Stock Alerts C$15.95 -0.08 (-0.50%) (As of 05/17/2024 ET) Add Compare Share Share Today's RangeC$15.92▼C$16.1250-Day RangeC$14.92▼C$16.3552-Week RangeC$13.08▼C$17.36Volume21,098 shsAverage Volume26,265 shsMarket CapitalizationC$599.88 millionP/E Ratio3.47Dividend Yield4.64%Price TargetC$20.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsHeadlinesInsider Trades Get Morguard North American Residential Real Estate Investment Trust alerts: Email Address Morguard North American Residential Real Estate Investment Trust MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside28.5% UpsideC$20.50 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.47Based on 6 Articles This WeekInsider TradingAcquiring SharesC$1.09 M Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.20 out of 5 stars 3.5 Analyst's Opinion Consensus RatingMorguard North American Residential Real Estate Investment Trust has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageMorguard North American Residential Real Estate Investment Trust has only been the subject of 1 research reports in the past 90 days.Read more about Morguard North American Residential Real Estate Investment Trust's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for MRG.UN. Previous Next 2.5 Dividend Strength Dividend LeadershipMorguard North American Residential Real Estate Investment Trust is a leading dividend payer. It pays a dividend yield of 4.64%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthMorguard North American Residential Real Estate Investment Trust does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Morguard North American Residential Real Estate Investment Trust is 16.09%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Morguard North American Residential Real Estate Investment Trust's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MRG.UN. Previous Next 3.0 News and Social Media Coverage News SentimentMorguard North American Residential Real Estate Investment Trust has a news sentiment score of 1.47. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Real Estate companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Morguard North American Residential Real Estate Investment Trust this week, compared to 0 articles on an average week. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Morguard North American Residential Real Estate Investment Trust insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$1,089,288.00 in company stock and sold C$0.00 in company stock.Percentage Held by Insiders25.74% of the stock of Morguard North American Residential Real Estate Investment Trust is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 6.55% of the stock of Morguard North American Residential Real Estate Investment Trust is held by institutions.Read more about Morguard North American Residential Real Estate Investment Trust's insider trading history. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Morguard North American Residential Real Estate Investment Trust is 3.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.92.Price to Earnings Ratio vs. SectorThe P/E ratio of Morguard North American Residential Real Estate Investment Trust is 3.47, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 238.66.Price to Book Value per Share RatioMorguard North American Residential Real Estate Investment Trust has a P/B Ratio of 0.32. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad The Freeport SocietyBill Clinton Backing Biden Replacement???Bill Clinton is back. And he just met in Mexico with the one person I believe could REPLACE Joe Biden by August…Click here now for my urgent election forecast. About Morguard North American Residential Real Estate Investment Trust Stock (TSE:MRG.UN)The REIT is an unincorporated, open-ended real estate investment trust established under and governed by the laws of the Province of Ontario. The Units of the REIT trade on the Toronto Stock Exchange under the ticker symbol MRG.UN. With a strategic focus on the acquisition of high-quality multi-suite residential properties in Canada and the United States, the REIT maximizes long-term Unit value through active asset and property management. The REIT's portfolio is comprised of 13,089 residential suites and 229,500 square feet of commercial area (as of October 24, 2023) located in Alberta, Ontario, Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia and Maryland with an appraised value of approximately $4.0 billion at September 30, 2023.Read More MRG.UN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MRG.UN Stock News HeadlinesMay 16 at 1:56 PM | insidertrades.comMorguard North American Residential REIT (TSE:MRG.UN) Insider Sime Armoyan Purchases 300 Shares of StockMay 14, 2024 | insidertrades.comInsider Buying: Morguard North American Residential REIT (TSE:MRG.UN) Insider Buys 600 Shares of StockMay 10, 2024 | insidertrades.comMorguard North American Residential REIT (TSE:MRG.UN) Insider Sime Armoyan Buys 900 SharesMay 8, 2024 | insidertrades.comSime Armoyan Buys 2,100 Shares of Morguard North American Residential REIT (TSE:MRG.UN) StockMay 1, 2024 | insidertrades.comMorguard North American Residential REIT (TSE:MRG.UN) Insider Acquires C$143,000.00 in StockApril 27, 2024 | insidertrades.comMorguard North American Residential REIT (TSE:MRG.UN) Insider Sime Armoyan Acquires 100 SharesApril 24, 2024 | insidertrades.comInsider Buying: Morguard North American Residential REIT (TSE:MRG.UN) Insider Buys 500 Shares of StockApril 20, 2024 | insidertrades.comInsider Buying: Morguard North American Residential REIT (TSE:MRG.UN) Insider Acquires 100 Shares of StockMay 14, 2024 | americanbankingnews.comMorguard North American Residential REIT (TSE:MRG.UN) Insider Sime Armoyan Buys 600 Shares of StockMay 10, 2024 | finance.yahoo.comMorguard North American Residential Real Estate Investment Trust Announces Voting Results from the 2024 Annual Meeting of UnitholdersApril 23, 2024 | morningstar.comMorguard North American Residential Real Estate Investment TrustFebruary 13, 2024 | msn.comMorguard North American Residential REIT reports FY resultsJanuary 16, 2024 | seekingalpha.comMorguard North American Residential Real Estate Investment Trust declares CAD 0.0617 dividendJanuary 11, 2024 | ca.finance.yahoo.comMorguard North American Residential REIT Announces Date of Fourth Quarter 2023 Conference CallJanuary 4, 2024 | theglobeandmail.comClosing Bell: Morguard Na Residential REIT Units flat on Wednesday (MRG-UN)December 29, 2023 | msn.comStart Making Passive Income Immediately With This 5% Dividend StockDecember 15, 2023 | ca.finance.yahoo.comMorguard North American Residential REIT Declares December 2023 Distribution of $0.06167 per UnitOctober 27, 2023 | msn.comThis 5% Dividend Stock Pays Cash Every Month!August 30, 2023 | msn.com3 Stocks You Can Confidently Invest $500 in Right NowJune 15, 2023 | finance.yahoo.comMorguard North American Residential REIT Declares June 2023 Distribution of $0.06 per UnitMay 15, 2023 | ca.finance.yahoo.comMorguard North American Residential REIT Declares May 2023 Distribution of $0.06 per UnitMay 5, 2023 | finance.yahoo.comMorguard North American Residential Real Estate Investment Trust Announces Voting Results from the 2023 Annual Meeting of UnitholdersApril 27, 2023 | theglobeandmail.comClosing Bell: Morguard Na Residential REIT Units up on Thursday (MRG-UN)April 27, 2023 | msn.comMorguard North American Residential REIT reports Q1 resultsApril 25, 2023 | finance.yahoo.comMorguard North American Residential REIT Announces 2023 First Quarter ResultsSee More Headlines Receive MRG.UN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Morguard North American Residential Real Estate Investment Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address Industry, Sector and Symbol Stock ExchangeTSE SectorReal Estate Industry REIT - Residential Sub-IndustryN/A Current SymbolTSE:MRG.UN CUSIPN/A CIKN/A Webwww.morguard.com Phone+1-905-2815923FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price TargetC$20.50 High Stock Price TargetC$22.00 Low Stock Price TargetC$19.00 Potential Upside/Downside+28.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)C$4.60 Trailing P/E Ratio3.47 Forward P/E Ratio11.11 P/E GrowthN/ANet IncomeC$172.57 million Net Margins50.41% Pretax MarginN/A Return on Equity9.05% Return on Assets2.48% Debt Debt-to-Equity Ratio92.48 Current Ratio0.15 Quick Ratio0.09 Sales & Book Value Annual SalesC$342.36 million Price / Sales1.75 Cash FlowC$0.59 per share Price / Cash Flow27.19 Book ValueC$50.29 per share Price / Book0.32Miscellaneous Outstanding Shares37,610,000Free FloatN/AMarket CapC$599.88 million OptionableNot Optionable Beta1.18 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Kuldip Rai Sahi FCA (Age 77)FCGA, FCPA, Chairman & CEO Comp: $617.69kMr. Christopher A. NewmanChief Financial OfficerMs. Beverley Gail Flynn L.L.B.Senior VP, General Counsel & SecretaryMr. Paul Miatello CA (Age 54)CPA, Senior Vice President Mr. John TalanoSenior Vice President of U.S. OperationsMs. Angela Sahi CPASenior Vice PresidentMore ExecutivesKey CompetitorsMinto Apartment Real Estate Invt TrustTSE:MI.UNPure Multi-Family REITTSE:RUF.UNBsr Real Estate Investment TrustTSE:HOM.UFlagship Communities Real Estate Investment TrustTSE:MHC.UNEuropean Residential Real Estate Investment TrustTSE:ERE-UNView All CompetitorsInsidersSime ArmoyanBought 300 shares on 5/14/2024Total: C$33,299.01 ($111.00/share)Sime ArmoyanBought 900 shares on 5/8/2024Total: C$99,000.00 ($110.00/share)Sime ArmoyanBought 2,100 shares on 5/6/2024Total: C$231,000.00 ($110.00/share)Sime ArmoyanBought 600 shares on 5/3/2024Total: C$66,000.00 ($110.00/share)Sime ArmoyanBought 1,300 shares on 4/29/2024Total: C$143,000.00 ($110.00/share)View All Insider Transactions MRG.UN Stock Analysis - Frequently Asked Questions Should I buy or sell Morguard North American Residential Real Estate Investment Trust stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Morguard North American Residential Real Estate Investment Trust in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" MRG.UN shares. View MRG.UN analyst ratings or view top-rated stocks. What is Morguard North American Residential Real Estate Investment Trust's stock price target for 2024? 1 analysts have issued 1 year price targets for Morguard North American Residential Real Estate Investment Trust's shares. Their MRG.UN share price targets range from C$19.00 to C$22.00. On average, they anticipate the company's stock price to reach C$20.50 in the next year. This suggests a possible upside of 28.5% from the stock's current price. View analysts price targets for MRG.UN or view top-rated stocks among Wall Street analysts. How have MRG.UN shares performed in 2024? Morguard North American Residential Real Estate Investment Trust's stock was trading at C$14.77 on January 1st, 2024. Since then, MRG.UN shares have increased by 8.0% and is now trading at C$15.95. View the best growth stocks for 2024 here. Is Morguard North American Residential Real Estate Investment Trust a good dividend stock? Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) pays an annual dividend of C$0.74 per share and currently has a dividend yield of 4.64%. MRG.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 16.09%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for MRG.UN. How do I buy shares of Morguard North American Residential Real Estate Investment Trust? Shares of MRG.UN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. This page (TSE:MRG.UN) was last updated on 5/19/2024 by MarketBeat.com Staff From Our PartnersShocking $16T Elon Musk Crypto LeakCrypto 101 MediaCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill PublishingNext President (Not Trump. Not Biden.)The Freeport SocietyUrgent Nvidia WarningAltimetryMissed NVDA? Buy this AI stock NOWChaikin AnalyticsMost important medical advance in 100 yearsThe Oxford Club41 banks launch ‘crypto dollar’Stansberry ResearchDems have chosen Biden replacement?Paradigm Press Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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