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Morguard North American Residential Real Estate Investment Trust (MRG-UN.TO)

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17.14
+0.01
+(0.06%)
At close: December 27 at 4:00:00 PM EST
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DELL
  • Previous Close 17.13
  • Open 17.34
  • Bid 17.02 x --
  • Ask 17.07 x --
  • Day's Range 17.02 - 17.36
  • 52 Week Range 14.45 - 19.53
  • Volume 8,851
  • Avg. Volume 24,056
  • Market Cap (intraday) 920.104M
  • Beta (5Y Monthly) 1.21
  • PE Ratio (TTM) 7.83
  • EPS (TTM) 2.19
  • Earnings Date Feb 11, 2025 - Feb 17, 2025
  • Forward Dividend & Yield 0.76 (4.43%)
  • Ex-Dividend Date Dec 31, 2024
  • 1y Target Est 22.00

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.

www.morguard.com

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Full Time Employees

December 31

Fiscal Year Ends

Recent News: MRG-UN.TO

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Performance Overview: MRG-UN.TO

Trailing total returns as of 12/27/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

MRG-UN.TO
20.91%
S&P/TSX Composite index
18.31%

1-Year Return

MRG-UN.TO
22.07%
S&P/TSX Composite index
18.75%

3-Year Return

MRG-UN.TO
11.24%
S&P/TSX Composite index
16.80%

5-Year Return

MRG-UN.TO
13.84%
S&P/TSX Composite index
44.33%

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Statistics: MRG-UN.TO

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Valuation Measures

As of 12/27/2024
  • Market Cap

    624.90M

  • Enterprise Value

    2.20B

  • Trailing P/E

    7.84

  • Forward P/E

    13.61

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    1.84

  • Price/Book (mrq)

    0.33

  • Enterprise Value/Revenue

    6.45

  • Enterprise Value/EBITDA

    14.40

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    22.58%

  • Return on Assets (ttm)

    2.42%

  • Return on Equity (ttm)

    4.07%

  • Revenue (ttm)

    347.06M

  • Net Income Avi to Common (ttm)

    78.38M

  • Diluted EPS (ttm)

    2.19

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    103.27M

  • Total Debt/Equity (mrq)

    100.42%

  • Levered Free Cash Flow (ttm)

    69.76M

Research Analysis: MRG-UN.TO

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