TSX:MRG.UNResidential REITs
Morguard North American Residential REIT Q4 FFO Loss Tests Bullish Cash Flow Narratives
Morguard North American Residential Real Estate Investment Trust (TSX:MRG.UN) has wrapped up FY 2025 with Q4 revenue of CA$85.0 million and net income of CA$27.9 million, setting the tone for a year where trailing 12 month revenue reached CA$354.6 million and net income came in at CA$103.0 million. Over the last few reporting periods, revenue has held in a tight band between CA$85.0 million and CA$92.3 million per quarter, while basic EPS ranged from CA$0.22 in Q3 2025 to CA$1.07 in Q1 2025,...