Live-nieuws • Aug 05
Millrose Properties to Back Dream Finders’ Bid for Beazer Following Q2 Results Millrose Properties reported second quarter 2026 results, raised its dividend for a sixth straight quarter, and said it intends to provide land banking capital to support Dream Finders Homes’ proposed acquisition of Beazer Homes.
The company now has relationships with 19 homebuilders and developers and redeployed $1.1 billion into land acquisitions and development funding across its portfolio, indicating wider reach across counterparties and active use of its balance sheet.
Millrose Properties shares trade at $29.42, with the stock up 4.4% over the past 90 days.
This new role in funding a large homebuilder acquisition ties Millrose Properties more closely to industry consolidation. This could increase its opportunity set but also concentrates its exposure to housing market conditions and counterparties executing on large deals. Live-nieuws • Jul 31
Millrose Properties Enters New Partnership to Fund Multifamily Land and Development Projects Millrose Properties has entered a new partnership with JPI and Kennedy Lewis Investment Management, closing the first acquisition in a land banking facility that will fund Class A multifamily land purchases and development, with Millrose acquiring and funding the sites while JPI advances projects.
The arrangement extends Millrose Properties’ existing homesite option platform into multifamily housing alongside its for-sale and build-to-rent programs, adding another channel for deploying capital into residential projects.
Millrose Properties shares trade at $28.22, with the stock down 5.4% year to date as of 29 July 2026.
This new facility gives Millrose Properties a defined role as a permanent capital provider to JPI’s multifamily pipeline, which may influence the mix and timing of future cash flows. The main watchpoint is execution risk around project selection and development outcomes in the multifamily segment, since Millrose is committing capital earlier in the asset life cycle. Aankondiging • Jul 16
Millrose Properties, Inc. to Report Q2, 2026 Results on Aug 04, 2026 Millrose Properties, Inc. announced that they will report Q2, 2026 results Pre-Market on Aug 04, 2026 Declared Dividend • Jun 26
First quarter dividend of US$0.77 announced Shareholders will receive a dividend of US$0.77. Ex-date: 6th July 2026 Payment date: 15th July 2026 Dividend yield will be 9.7%, which is higher than the industry average of 3.9%. Aankondiging • Jun 24
Millrose Properties Announces Class A and Class B Quarterly Dividend, Payable on July 15, 2026 Millrose Properties, Inc. announced that its Board of Directors has declared a quarterly cash dividend of approximately $127.9 million, or $0.77, per share of Class A and Class B common stock. The dividend will be paid on July 15, 2026, to shareholders of record as of July 6, 2026. Recent Insider Transactions • May 14
CEO & President recently bought US$6.4m worth of stock On the 11th of May, Darren Richman bought around 235k shares on-market at roughly US$27.31 per share. This transaction amounted to 89% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Darren's only on-market trade for the last 12 months. Live-nieuws • May 12
Millrose Properties Plans US$500 Million Land Banking Role in Dream Finders Beazer Deal Millrose Properties plans to provide land banking capital to support Dream Finders Homes’ proposed acquisition of Beazer Homes.
As part of the arrangement, Millrose intends to acquire homesites currently owned by Beazer Homes to support Dream Finders’ capital-efficient growth and preserve its balance sheet flexibility.
Millrose has received a letter from Goldman Sachs indicating a high level of confidence that financing of up to US$500m can be arranged for the transaction.
The potential land banking role positions Millrose as a capital partner in a sizable housing transaction, tying its prospects to execution of the Dream Finders and Beazer deal and to demand for the acquired homesites.
Investors may want to watch for final transaction terms, financing costs, and timing, because these factors will influence Millrose’s risk exposure and potential returns from the land banking commitment. New Risk • May 07
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 40% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. This is currently the only risk that has been identified for the company. Aankondiging • Apr 16
Millrose Properties, Inc. to Report Q1, 2026 Results on May 06, 2026 Millrose Properties, Inc. announced that they will report Q1, 2026 results Pre-Market on May 06, 2026 Aankondiging • Apr 04
Millrose Properties, Inc., Annual General Meeting, May 18, 2026 Millrose Properties, Inc., Annual General Meeting, May 18, 2026. Location: 600 brickell ave., conference center, miami, fl 33131, United States Declared Dividend • Mar 26
Fourth quarter dividend of US$0.76 announced Shareholders will receive a dividend of US$0.76. Ex-date: 2nd April 2026 Payment date: 15th April 2026 Dividend yield will be 10%, which is higher than the industry average of 3.9%. Aankondiging • Mar 24
Millrose Properties Announces Class A and Class B Quarterly Dividend, Payable on April 15, 2026 Millrose Properties, Inc. announced that its Board of Directors has declared a quarterly cash dividend of approximately $126.2 million, or $0.76, per share of Class A and Class B common stock. The dividend will be paid on April 15, 2026, to shareholders of record as of April 3, 2026. Buy Or Sell Opportunity • Feb 12
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at US$31.45. The fair value is estimated to be US$39.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 109% in 2 years. Earnings are forecast to grow by 140% in the next 2 years. Aankondiging • Feb 03
Millrose Properties, Inc. to Report Q4, 2025 Results on Feb 26, 2026 Millrose Properties, Inc. announced that they will report Q4, 2025 results Pre-Market on Feb 26, 2026 Upcoming Dividend • Dec 29
Upcoming dividend of US$0.75 per share Eligible shareholders must have bought the stock before 05 January 2026. Payment date: 15 January 2026. Trailing yield: 9.9%. Within top quartile of American dividend payers (4.4%). Higher than average of industry peers (4.3%). Aankondiging • Dec 24
Millrose Properties Announces Class A and Class B Quarterly Dividend, Payable on January 15, 2026 Millrose Properties, Inc. announced that its Board of Directors has declared a quarterly cash dividend of approximately $124.5 million, or $0.75, per share of Class A and Class B common stock. The dividend will be paid on January 15, 2026, to shareholders of record as of January 5, 2026. Buy Or Sell Opportunity • Dec 17
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to US$29.76. The fair value is estimated to be US$37.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 109% in 2 years. Earnings are forecast to grow by 140% in the next 2 years. Buy Or Sell Opportunity • Nov 17
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.4% to US$29.50. The fair value is estimated to be US$37.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 87% in a year. Earnings are forecast to grow by 127% in the next year. Aankondiging • Oct 09
Millrose Properties, Inc. Provides Consolidated Earnings Guidance for the Third Quarter and Nine Months Ended September 30, 2025 Millrose Properties, Inc. provided consolidated earnings guidance for the third quarter and nine months ended September 30, 2025. Revenues of approximately $179.3 million and $411.0 million for the three and nine months ended September 30, 2025, respectively. Revenues include (i) option fee revenues which is Millrose’s primary source of revenue and represent monthly option payments from Lennar Corporation (“Lennar”) and other customers in consideration for maintenance of a purchase option with respect to a property, and (ii) development loan income from interest on the outstanding loan balance of development loans secured by residential property. Net income of approximately $105.1 million, or $0.63 per share, for the three months ended September 30, 2025. Net income has been impacted by the accelerated payoff of the delayed draw term loan and other expenses related to our recent debt issuance. Aankondiging • Oct 03
Millrose Properties, Inc. to Report Q3, 2025 Results on Oct 23, 2025 Millrose Properties, Inc. announced that they will report Q3, 2025 results Pre-Market on Oct 23, 2025 Upcoming Dividend • Sep 26
Upcoming dividend of US$0.73 per share Eligible shareholders must have bought the stock before 03 October 2025. Payment date: 15 October 2025. Trailing yield: 8.1%. Within top quartile of American dividend payers (4.5%). Higher than average of industry peers (3.9%). Aankondiging • Sep 23
Millrose Properties, Inc. Announces Quarterly Dividend, Payable on October 15, 2025 Millrose Properties, Inc. announced that its Board of Directors has declared a quarterly cash dividend of approximately $121.2 million, or $0.73 per share of Class A and Class B common stock. The dividend will be paid on October 15, 2025, to shareholders of record as of October 3, 2025. Aankondiging • Sep 22
Millrose Properties, Inc.(NYSE:MRP) dropped from FTSE All-World Index (USD) Millrose Properties, Inc.(NYSE:MRP) dropped from FTSE All-World Index (USD) New Risk • Aug 03
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 9.2% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. High level of non-cash earnings (23% accrual ratio). Aankondiging • Jul 10
Millrose Properties, Inc. to Report Q2, 2025 Results on Jul 31, 2025 Millrose Properties, Inc. announced that they will report Q2, 2025 results Pre-Market on Jul 31, 2025 Upcoming Dividend • Jun 26
Upcoming dividend of US$0.69 per share Eligible shareholders must have bought the stock before 03 July 2025. Payment date: 15 July 2025. Trailing yield: 9.2%. Within top quartile of American dividend payers (4.8%). Higher than average of industry peers (3.8%). Aankondiging • Jun 18
Millrose Properties Announces Quarterly Dividend Payment on Class A and Class B Common Stock, Payable on July 15, 2025 Millrose Properties, Inc. announced that its Board of Directors has declared a quarterly cash dividend of approximately $114.5 million, or $0.69 per share of Class A and Class B common stock. This marks the first full quarterly dividend declared by Millrose following its spin-off from Lennar Corporation in Quarter one of 2025. The dividend will be paid on July 15, 2025, to shareholders of record as of July 3, 2025. Recent Insider Transactions • May 29
Independent Director recently bought US$499k worth of stock On the 20th of May, Patrick Bartels bought around 18k shares on-market at roughly US$28.49 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$13m more in shares than they have sold in the last 12 months. Recent Insider Transactions • May 23
Independent Director recently bought US$499k worth of stock On the 20th of May, Patrick Bartels bought around 18k shares on-market at roughly US$28.49 per share. This transaction increased Patrick's direct individual holding by 3x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$13m more in shares than they have sold in the last 12 months. Aankondiging • Apr 30
Millrose Properties, Inc. to Report Q1, 2025 Results on May 14, 2025 Millrose Properties, Inc. announced that they will report Q1, 2025 results Pre-Market on May 14, 2025 Aankondiging • Mar 18
Millrose Properties, Inc. Declares Inaugural Dividend, Payable on April 15, 2025 Millrose Properties, Inc. announced that its inaugural dividend of $65 million, or $0.38 per share of Class A and Class B common stock. The dividend will be paid on April 15, 2025 to shareholders of record as of April 4, 2025. Board Change • Feb 19
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.