MORGUARD NORTH AMERICAN RESI (MRG-UN.CA) Stock Price, Forecast & Analysis
Canada - TSX:MRG-UN - CA61761E1007 - REIT
MRG-UN.CA Key Statistics, Chart & Performance
The current stock price of MRG-UN.CA is 17.35 CAD. In the past month the price decreased by -3.29%. In the past year, price decreased by -5.81%.
MRG-UN.CA Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| CAR-UN.CA | CAN APARTMENT PROP REAL ESTA | 76.62 | 5.99B | ||
| MRG-DB-B.CA | MORGUARD NORTH AMERICAN | 60.34 | 3.59B | ||
| BEI-UN.CA | BOARDWALK REAL ESTATE INVEST | 14.08 | 3.15B | ||
| KMP-UN.CA | KILLAM APARTMENT REAL ESTATE | 3.69 | 2.03B | ||
| IIP-UN.CA | INTERRENT REAL ESTATE INVEST | 22.59 | 1.86B | ||
| MI-UN.CA | MINTO APARTMENT REAL ESTATE | 7.86 | 486.81M | ||
| DRR-UN.CA | DREAM RESIDENTIAL REAL ESTAT | N/A | 233.76M | ||
| DRR-U.CA | DREAM RESIDENTIAL REAL ESTAT | N/A | 167.20M | ||
| ERE-UN.CA | EUROPEAN RESIDENTIAL REAL ES | N/A | 100.67M | ||
| NRR-UN.CA | NORTHVIEW RESIDENTIAL REIT | 12.45 | 60.22M | ||
| FCA-UN.CA | FIRM CAPITAL APARTMENT REAL | 42.1 | 29.22M |
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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.
What is the stock price of MORGUARD NORTH AMERICAN RESI today?
The current stock price of MRG-UN.CA is 17.35 CAD. The price decreased by -0.86% in the last trading session.
Does MORGUARD NORTH AMERICAN RESI 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 rating of MORGUARD NORTH AMERICAN RESI stock?
MRG-UN.CA has a ChartMill Technical rating of 0 out of 10 and a ChartMill Fundamental rating of 4 out of 10.
What is the Price/Earnings (PE) ratio of MORGUARD NORTH AMERICAN RESI (MRG-UN.CA)?
The PE ratio for MORGUARD NORTH AMERICAN RESI (MRG-UN.CA) is 7.78. This is based on the reported non-GAAP earnings per share of 2.23 and the current share price of 17.35 CAD.
Would investing in MORGUARD NORTH AMERICAN RESI be a good decision?
This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on MRG-UN.CA.
Can you provide the ownership details for MRG-UN stock?
You can find the ownership structure of MORGUARD NORTH AMERICAN RESI (MRG-UN.CA) on the Ownership tab.
MRG-UN.CA Technical Analysis
MRG-UN.CA Fundamental Analysis
ChartMill assigns a fundamental rating of 4 / 10 to MRG-UN.CA. MRG-UN.CA has a medium profitability rating, but doesn't score so well on its financial health evaluation.
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 22.7 CAD. This implies a price increase of 30.81% is expected in the next year compared to the current price of 17.35.
For the next year, analysts expect an EPS growth of -19.16% and a revenue growth 4.91% for MRG-UN.CA