Should I buy or sell Morguard Real Estate Inv. stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Morguard Real Estate Inv. in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" MRT.UN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MRT.UN, but not buy additional shares or sell existing shares. View MRT.UN analyst ratings or view top-rated stocks .

What is Morguard Real Estate Inv.'s stock price target for 2024?

2 brokerages have issued 1-year price targets for Morguard Real Estate Inv.'s shares. Their MRT.UN share price targets range from C$5.00 to C$6.00. On average, they predict the company's share price to reach C$5.50 in the next twelve months. This suggests a possible upside of 4.8% from the stock's current price. View analysts price targets for MRT.UN or view top-rated stocks among Wall Street analysts .

How have MRT.UN shares performed in 2023?

Morguard Real Estate Inv.'s stock was trading at C$5.30 on January 1st, 2023. Since then, MRT.UN stock has decreased by 0.9% and is now trading at C$5.25. View the best growth stocks for 2023 here .

Is Morguard Real Estate Inv. a good dividend stock?

Morguard Real Estate Inv. (TSE:MRT.UN) pays an annual dividend of C$0.24 per share and currently has a dividend yield of 4.56%. MRT.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for MRT.UN .

How do I buy shares of Morguard Real Estate Inv.?

Shares of MRT.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 .

Morguard Real Estate Inv. Stock Price, News & Analysis (TSE:MRT.UN)

C$5.25

-0.01 (-0.19%)

(As of 10:46 AM ET)

Compare

Today's Range: C$5.25
▼
C$5.25
50-Day Range: C$5.21
▼
C$5.59
52-Week Range: C$5.10
▼
C$5.70

Volume: 4,100 shs
Average Volume: 24,522 shs
Market Capitalization: C$337.31 million

P/E Ratio: N/A
Dividend Yield: 4.57%
Price Target: C$5.50

Stock Analysis Analyst Forecasts Chart Competitors Headlines Insider Trades

Morguard Real Estate Inv. MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 4.8% Upside
C$5.50 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.00
Based on 3 Articles This Week
Insider Trading: Acquiring Shares
C$380,206 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.50 out of 5 stars

1.0

Analyst's Opinion

Consensus Rating
Morguard Real Estate Inv. has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$5.50, Morguard Real Estate Inv. has a forecasted upside of 4.8% from its current price of C$5.25.
Amount of Analyst Coverage
Morguard Real Estate Inv. has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for MRT.UN.

1.7

Dividend Strength

Dividend Leadership
Morguard Real Estate Inv. is a leading dividend payer. It pays a dividend yield of 4.56%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Morguard Real Estate Inv. does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MRT.UN.

2.8

News and Social Media Coverage

News Sentiment
Morguard Real Estate Inv. has a news sentiment score of 1.00. 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 0.47 average news sentiment score of Real Estate companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Morguard Real Estate Inv. this week, compared to 0 articles on an average week.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Morguard Real Estate Inv. insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$380,206.00 in company stock and sold C$0.00 in company stock.
Percentage Held by Insiders
68.41% of the stock of Morguard Real Estate Inv. is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 1.10% of the stock of Morguard Real Estate Inv. is held by institutions.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Morguard Real Estate Inv. is -2.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Morguard Real Estate Inv. is -2.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Morguard Real Estate Inv. has a P/B Ratio of 0.34. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Morguard Real Estate Inv. Stock (TSE:MRT.UN)

The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 49 retail, office and industrial income producing properties in Canada with a book value of $3.0 billion and approximately 8.6 million square feet of leasable space.

MRT.UN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MRT.UN Stock News Headlines

November 30, 2023 | ca.finance.yahoo.com

Morguard Real Estate Investment Trust Declares December 2023 Distribution of 2 Cents per Unit

November 15, 2023 | theglobeandmail.com

Morguard Real Estate Investment Trust Declares November 2023 Distribution of 2 Cents per Unit

December 1, 2023 | DTI Trader (Ad)

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October 25, 2023 | ca.finance.yahoo.com

Morguard Real Estate Investment Trust Announces 2023 Third Quarter Results

September 26, 2023 | ca.finance.yahoo.com

Morguard Real Estate Investment Trust 2023 Third Quarter Results Conference Call

September 22, 2023 | theglobeandmail.com

Closing Bell: Morguard Un down on Wednesday (MRT-UN)

September 15, 2023 | ca.finance.yahoo.com

Morguard Real Estate Investment Trust Declares September 2023 Distribution of 2 Cents per Unit

August 15, 2023 | ca.finance.yahoo.com

Morguard Real Estate Investment Trust Declares August 2023 Distribution of 2 Cents per Unit

December 1, 2023 | DTI Trader (Ad)

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July 31, 2023 | markets.businessinsider.com

Morguard Real Estate ate (MRT.UN) Receives a Hold from RBC Capital

July 28, 2023 | markets.businessinsider.com

Morguard NA REIT UN (MRG.UN) Gets a Buy Rating from RBC Capital

July 28, 2023 | finance.yahoo.com

Morguard Real Estate Investment Trust Announces 2023 Second Quarter Results

June 27, 2023 | finance.yahoo.com

Morguard Real Estate Investment Trust 2023 Second Quarter Results Conference Call

June 15, 2023 | finance.yahoo.com

Morguard Real Estate Investment Trust Declares June 2023 Distribution of 2 Cents per Unit

May 22, 2023 | msn.com

Morguard Real Estate Investment Trust - Unit (MGRUF) Declares $0.02 Dividend

May 15, 2023 | ca.finance.yahoo.com

Morguard Real Estate Investment Trust Declares May 2023 Distribution of 2 Cents per Unit

May 14, 2023 | fool.com

Morguard Real Estate Investment Trust (OTC: MGRUF)

May 5, 2023 | finance.yahoo.com

Morguard Real Estate Investment Trust Announces Voting Results from the 2023 Annual Meeting of Unitholders

April 26, 2023 | ca.finance.yahoo.com

Morguard Real Estate Investment Trust Announces 2023 First Quarter Results

April 18, 2023 | msn.com

Morguard Real Estate Investment Trust (MGRUF) Declares $0.02 Dividend

March 30, 2023 | finance.yahoo.com

Morguard Real Estate Investment Trust 2023 First Quarter Results Conference Call

March 15, 2023 | finance.yahoo.com

Shareholders in Morguard Real Estate Investment Trust (TSE:MRT.UN) are in the red if they invested five years ago

March 15, 2023 | ca.finance.yahoo.com

Morguard Real Estate Investment Trust Declares March 2023 Distribution of 2 Cents per Unit

February 15, 2023 | ca.finance.yahoo.com

Morguard Real Estate Investment Trust Announces 2022 Fourth Quarter and Annual Results

February 15, 2023 | msn.com

Morguard Real Estate Investment Trust declares CAD 0.02 dividend

January 12, 2023 | ca.finance.yahoo.com

Morguard Real Estate Investment Trust Announces Date of Fourth Quarter 2022 Conference Call

November 30, 2022 | ca.finance.yahoo.com

Morguard Real Estate Investment Trust Declares December 2022 Distribution of 2 Cents per Unit

See More Headlines

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: REIT - Diversified
Sub-Industry: N/A
Sector: Real Estate
Current Symbol: TSE:MRT.UN
CUSIP: N/A
CIK: N/A
Web: www.morguard.com
Phone: +1-905-2815923
Fax: N/A
Employees: 10
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$5.50
High Stock Price Target: C$6.00
Low Stock Price Target: C$5.00
Potential Upside/Downside: +4.8%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($2.21)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 5.47
P/E Growth: N/A
Net Income: C$-142,030,000.00
Net Margins: -56.64%
Pretax Margin: N/A
Return on Equity: -13.26%
Return on Assets: 3.23%

Debt

Debt-to-Equity Ratio: 127.52
Current Ratio: 0.05
Quick Ratio: 0.04

Sales & Book Value

Annual Sales: C$250.77 million
Price / Sales: 1.35
Cash Flow: C$0.17 per share
Price / Cash Flow: 30.59
Book Value: C$15.45 per share
Price / Book: 0.34

Miscellaneous

Outstanding Shares: 64,250,000
Free Float: N/A
Market Cap: C$337.31 million
Optionable: Not Optionable
Beta: 1.39

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Key Executives

Mr. Kuldip Rai Sahi FCPA (Age 72)
FCGA, FCA, Chairman, Pres & CEO
Mr. Andrew Tamlin
Chief Financial Officer
Ms. Pamela J. McLean CPA
CA, VP
Ms. Beverley Gail Flynn L.L.B.
LLB, Sr. VP, Gen. Counsel & Sec.
Ms. Angela Sahi
Sr. VP

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

MRT.UN Stock Analysis - Frequently Asked Questions

Should I buy or sell Morguard Real Estate Inv. stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Morguard Real Estate Inv. in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" MRT.UN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MRT.UN, but not buy additional shares or sell existing shares.
View MRT.UN analyst ratings or view top-rated stocks.
What is Morguard Real Estate Inv.'s stock price target for 2024?: 2 brokerages have issued 1-year price targets for Morguard Real Estate Inv.'s shares. Their MRT.UN share price targets range from C$5.00 to C$6.00. On average, they predict the company's share price to reach C$5.50 in the next twelve months. This suggests a possible upside of 4.8% from the stock's current price.
View analysts price targets for MRT.UN or view top-rated stocks among Wall Street analysts.
How have MRT.UN shares performed in 2023?: Morguard Real Estate Inv.'s stock was trading at C$5.30 on January 1st, 2023. Since then, MRT.UN stock has decreased by 0.9% and is now trading at C$5.25.
View the best growth stocks for 2023 here.

Is Morguard Real Estate Inv. a good dividend stock?: Morguard Real Estate Inv. (TSE:MRT.UN) pays an annual dividend of C$0.24 per share and currently has a dividend yield of 4.56%. MRT.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for MRT.UN.
How do I buy shares of Morguard Real Estate Inv.?: Shares of MRT.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:MRT.UN) was last updated on 12/1/2023 by MarketBeat.com Staff

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Morguard Real Estate Inv. Stock Price, News & Analysis (TSE:MRT.UN)

Morguard Real Estate Inv. MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Morguard Real Estate Inv. Stock (TSE:MRT.UN)

MRT.UN Stock Price History

MRT.UN Stock News Headlines

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

MRT.UN Stock Analysis - Frequently Asked Questions

Overall MarketRank^™