MORGUARD NORTH AMERICAN RESI (MRG-UN.CA) Stock Price, Forecast & Analysis
TSX:MRG-UN • CA61761E1007
MRG-UN.CA Key Statistics, Chart & Performance
The current stock price of MRG-UN.CA is 18.8 CAD. In the past month the price increased by 3.01%. In the past year, price increased by 13.12%.
MRG-UN.CA Technical Analysis
ChartMill assigns a technical rating of 8 / 10 to MRG-UN.CA. When comparing the yearly performance of all stocks, MRG-UN.CA turns out to be only a medium performer in the overall market: it outperformed 49.59% of all stocks.
MRG-UN.CA Fundamental Analysis
ChartMill assigns a fundamental rating of 5 / 10 to MRG-UN.CA. While MRG-UN.CA is still in line with the averages on profitability rating, there are concerns on its financial health.
MRG-UN.CA Financial Highlights
Over the last trailing twelve months MRG-UN.CA reported a non-GAAP Earnings per Share(EPS) of 2.23. The EPS increased by 64.99% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 34.91% | ||
| ROA | 2.69% | ||
| ROE | 6.2% | ||
| Debt/Equity | 0.83 |
MRG-UN.CA Forecast & Estimates
8 analysts have analysed MRG-UN.CA and the average price target is 22.44 CAD. This implies a price increase of 19.36% is expected in the next year compared to the current price of 18.8.
For the next year, analysts expect an EPS growth of -19.16% and a revenue growth 3.7% for MRG-UN.CA
MRG-UN.CA Ownership
MRG-UN.CA Competitors/Peers
| Symbol | Company Name | Technical Rating | Fundamental Rating | FPE | Market Cap |
|---|---|---|---|---|---|
| CAR-UN | CAN APARTMENT PROP REAL ESTA | 17.29 | 5.805B | ||
| MRG-DB-B | MORGUARD NORTH AMERICAN | 58.72 | 3.563B | ||
| BEI-UN | BOARDWALK REAL ESTATE INVEST | 14.11 | 3.224B | ||
| KMP-UN | KILLAM APARTMENT REAL ESTATE | 13.42 | 2.058B | ||
| IIP-UN | INTERRENT REAL ESTATE INVEST | 19.54 | 1.875B | ||
| MI-UN | MINTO APARTMENT REAL ESTATE | 29.98 | 644.688M | ||
| ERE-UN | EUROPEAN RESIDENTIAL REAL ES | 34.93 | 106.145M | ||
| NRR-UN | NORTHVIEW RESIDENTIAL REIT | N/A | 64.222M |
Related stock screener links
View all stocks in the Multi-Family Residential REITs Industry | View all stocks in the Real Estate Sector | View all stocks on the Toronto Stock Exchange Exchange | Find stocks with similar TA and Setup ratings on the Canadian exchanges | Find stocks with similar Fundamental rating on the Canadian exchanges | Find the competitors with the best technical ratings on the Canadian exchanges | Find the competitors with the best fundamentals on the Canadian exchanges | Find the competitors with the best valuation on the Canadian exchanges | Find the competitors with the best dividend on the Canadian exchanges | Find the competitors with the best analyst ratings on the Canadian exchanges
About MRG-UN.CA
Company Profile
Morguard North American Residential REIT is an open-ended real estate investment trust, which engages in owning a diversified portfolio of multi-suite residential rental properties. The company is headquartered in Mississauga, Ontario. The company went IPO on 2012-04-13. The company owns, through a limited partnership, interests in Canadian residential apartment communities located in Alberta and Ontario, and U.S. residential apartment communities located in Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia and Maryland. The objectives of the REIT are to generate stable and growing cash distributions on a tax-efficient basis; enhance the value of the REIT’s assets and maximize the long-term value of the Units through active asset and property management, and expand the asset base of the REIT primarily through acquisitions and improvement of its properties through targeted and strategically deployed capital expenditures. Its multi-suite residential property portfolio consists of 16 Canadian properties and 27 U.S. properties, having a total of 13,089 residential suites and 239,500 square feet of commercial area.
Company Info
MORGUARD NORTH AMERICAN RESI
55 City Centre Drive, Suite 1000
Mississauga ONTARIO L5B 1M3 CA
CEO: K. Rai Sahi
Employees: 0
Phone: 18009286255
MORGUARD NORTH AMERICAN RESI / MRG-UN.CA FAQ
What does MORGUARD NORTH AMERICAN RESI do?
Morguard North American Residential REIT is an open-ended real estate investment trust, which engages in owning a diversified portfolio of multi-suite residential rental properties. The company is headquartered in Mississauga, Ontario. The company went IPO on 2012-04-13. The company owns, through a limited partnership, interests in Canadian residential apartment communities located in Alberta and Ontario, and U.S. residential apartment communities located in Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia and Maryland. The objectives of the REIT are to generate stable and growing cash distributions on a tax-efficient basis; enhance the value of the REIT’s assets and maximize the long-term value of the Units through active asset and property management, and expand the asset base of the REIT primarily through acquisitions and improvement of its properties through targeted and strategically deployed capital expenditures. Its multi-suite residential property portfolio consists of 16 Canadian properties and 27 U.S. properties, having a total of 13,089 residential suites and 239,500 square feet of commercial area.
Can you provide the latest stock price for MORGUARD NORTH AMERICAN RESI?
The current stock price of MRG-UN.CA is 18.8 CAD.
Does MRG-UN stock pay dividends?
MORGUARD NORTH AMERICAN RESI (MRG-UN.CA) has a dividend yield of 4.17%. The yearly dividend amount is currently 0.49.
What is the ChartMill technical and fundamental rating of MRG-UN stock?
MRG-UN.CA has a ChartMill Technical rating of 8 out of 10 and a ChartMill Fundamental rating of 5 out of 10.
Which stock exchange lists MRG-UN stock?
MRG-UN.CA stock is listed on the Toronto Stock Exchange exchange.
Can you provide the PE ratio for MRG-UN stock?
The PE ratio for MORGUARD NORTH AMERICAN RESI (MRG-UN.CA) is 8.43. This is based on the reported non-GAAP earnings per share of 2.23 and the current share price of 18.8 CAD.
What is the market capitalization of MRG-UN stock?
MORGUARD NORTH AMERICAN RESI (MRG-UN.CA) has a market capitalization of 656.68M CAD. This makes MRG-UN.CA a Small Cap stock.