Canada - Toronto Stock Exchange - TSX:MRG-UN - CA61761E1007 - REIT
The current stock price of MRG-UN.CA is 18.43 CAD. In the past month the price increased by 6.59%. In the past year, price increased by 8.92%.
ChartMill assigns a technical rating of 7 / 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 43% of all stocks.
ChartMill assigns a fundamental rating of 5 / 10 to MRG-UN.CA. There are concerns on the financial health of MRG-UN.CA while its profitability can be described as average.
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 |
8 analysts have analysed MRG-UN.CA and the average price target is 22.44 CAD. This implies a price increase of 21.76% is expected in the next year compared to the current price of 18.43.
For the next year, analysts expect an EPS growth of -19.16% and a revenue growth 3.7% for MRG-UN.CA
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.
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 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.
The current stock price of MRG-UN.CA is 18.43 CAD. The price increased by 0.88% in the last trading session.
MORGUARD NORTH AMERICAN RESI (MRG-UN.CA) has a dividend yield of 4.17%. The yearly dividend amount is currently 0.49.
MRG-UN.CA has a ChartMill Technical rating of 7 out of 10 and a ChartMill Fundamental rating of 5 out of 10.
MRG-UN.CA stock is listed on the Toronto Stock Exchange exchange.
The PE ratio for MORGUARD NORTH AMERICAN RESI (MRG-UN.CA) is 8.26. This is based on the reported non-GAAP earnings per share of 2.23 and the current share price of 18.43 CAD.
MORGUARD NORTH AMERICAN RESI (MRG-UN.CA) has a market capitalization of 643.76M CAD. This makes MRG-UN.CA a Small Cap stock.