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Millrose Properties, Inc. Stock Price

NYSE:MRP Community·US$4.9b Market Cap
  • 1 Narratives written by author
  • 0 Comments on narratives written by author
  • 32 Fair Values set on narratives written by author
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MRP Share Price Performance

US$29.69
-5.51 (-15.65%)
​
US$37.17
Fair Value
US$29.69
-5.51 (-15.65%)
20.1% undervalued intrinsic discount
US$37.17
Fair Value
Price US$29.69
AnalystConsensusTarget US$37.17
Thu, 3 Sep 26
Fair ValueUS$37.17
Share Pricen/a

MRP Community Narratives

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AnalystConsensusTarget
AnalystConsensusTarget's
Fair Value
·
Fair Value US$37.17 20.1% undervalued intrinsic discount

Long-Term Housing Undersupply And AI Underwriting Will Support Strong Future Performance

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Millrose Properties
20.1% undervalued intrinsic discount

Long-Term Housing Undersupply And AI Underwriting Will Support Strong Future Performance

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AnalystConsensusTarget
AnalystConsensusTarget
Updated 3 Sep
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AnalystConsensusTarget
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MRP: Higher Discount Rate Will Support Defensive Index Inclusion Appeal

Fair Value: US$37.17 20.1% undervalued intrinsic discount
13 fair values setusers have set this as their fair value
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Snowflake Analysis

Very undervalued with solid track record.

2 Risks
5 Rewards
View Full Analysis

Millrose Properties, Inc. Key Details

US$760.5m

Revenue

US$111.7m

Cost of Revenue

US$648.8m

Gross Profit

US$172.7m

Other Expenses

US$476.1m

Earnings

Last Reported Earnings
Jun 30, 2026
Next Reporting Earnings
n/a
2.87
85.31%
62.60%
42.6%
View Full Analysis

About MRP

Founded
n/a
Employees
n/a
CEO
Darren Lewis Richman
WebsiteView website
millroseproperties.com

Millrose Properties, Inc. is the premier permanent capital solution for residential homebuilders and developers. The company specializes in the acquisition, financing and development of residential land through long-term, capital-efficient structures. The company also provides homebuilders with a predictable, just-in-time supply of finished homesites – the scarcest and mission-critical resource in the homebuilding industry. Millrose utilizes a proprietary technology platform that provides real-time feedback and data analytics to drive acquisition decisions. Every transaction in the Millrose portfolio undergoes rigorous independent due diligence to ensure attractive yields and long-term viability. By enabling an asset-light model, Millrose provides its diverse roster of homebuilder partners with the strategic flexibility to maintain production volumes and optimize balance sheet efficiency across all market environments. Millrose Properties, Inc.is based in Miami, United States.

Recent MRP News & Updates

Seeking Alpha • Sep 09

Millrose Properties: New Builder Capital Earns 210 Basis Points More

Summary Millrose's non-Lennar invested capital earns 10.6%, compared with 8.5% on the legacy Lennar portfolio. At $30.78, the shares trade near 0.87 times June book value and offer a 10.0% annualized dividend yield. The $0.77 quarterly dividend consumed all second-quarter AFFO, leaving little room for credit losses, higher interest expense, or slower redeployment. I rate MRP a Buy with a $35 target, roughly one times book value and 11.5 times first-half annualized AFFO. Read the full article on Seeking Alpha
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Narrative Update • Sep 03

MRP: Higher Discount Rate Will Support Defensive Index Inclusion Appeal

Analysts have trimmed their price target for Millrose Properties to about $37, citing updates to fair value assumptions, a higher discount rate near 8.25%, more moderate revenue growth expectations close to 7%, and a revised future P/E of roughly 13.6x. What's in the News Millrose Properties, Inc.

Recent updates

No updates

Millrose Properties, Inc. Competitors

VICI logo

VICI Properties

Symbol: NYSE:VICI
Market cap: US$27.2b
SBAC logo

SBA Communications

Symbol: NasdaqGS:SBAC
Market cap: US$19.2b
ESS logo

Essex Property Trust

Symbol: NYSE:ESS
Market cap: US$18.0b
INVH logo

Invitation Homes

Symbol: NYSE:INVH
Market cap: US$16.3b
View more competitors

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