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MCAN Mortgage TSX:MKP Stock Report

Last Price

CA$15.46

Market Cap

CA$586.3m

7D

-1.7%

1Y

1.4%

Updated

17 Apr, 2024

Data

Company Financials +

MCAN Mortgage Corporation

TSX:MKP Stock Report

Market Cap: CA$586.3m

MCAN Mortgage Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MCAN Mortgage
Historical stock prices
Current Share PriceCA$15.46
52 Week HighCA$16.97
52 Week LowCA$14.87
Beta0.83
1 Month Change-4.63%
3 Month Change-2.15%
1 Year Change1.38%
3 Year Change-12.11%
5 Year Change-3.07%
Change since IPO87.39%

Recent News & Updates

Recent updates

MCAN Mortgage (TSE:MKP) Has Announced A Dividend Of CA$0.36

Jun 03
MCAN Mortgage (TSE:MKP) Has Announced A Dividend Of CA$0.36

Rainbows and Unicorns: The MCAN Mortgage Corporation (TSE:MKP) Analyst Just Became A Lot More Optimistic

May 12
Rainbows and Unicorns: The MCAN Mortgage Corporation (TSE:MKP) Analyst Just Became A Lot More Optimistic

MCAN Mortgage's (TSE:MKP) Upcoming Dividend Will Be Larger Than Last Year's

Feb 26
MCAN Mortgage's (TSE:MKP) Upcoming Dividend Will Be Larger Than Last Year's

MCAN Mortgage's (TSE:MKP) Dividend Will Be CA$0.34

Nov 11
MCAN Mortgage's (TSE:MKP) Dividend Will Be CA$0.34

MCAN Mortgage (TSE:MKP) Is Due To Pay A Dividend Of CA$0.34

Sep 05
MCAN Mortgage (TSE:MKP) Is Due To Pay A Dividend Of CA$0.34

MCAN Mortgage (TSE:MKP) Will Pay A Dividend Of CA$0.34

Aug 16
MCAN Mortgage (TSE:MKP) Will Pay A Dividend Of CA$0.34

Did You Participate In Any Of MCAN Mortgage's (TSE:MKP) Fantastic 113% Return ?

Jan 08
Did You Participate In Any Of MCAN Mortgage's (TSE:MKP) Fantastic 113% Return ?

Shareholder Returns

MKPCA Diversified FinancialCA Market
7D-1.7%-1.2%-2.1%
1Y1.4%-20.9%3.6%

Return vs Industry: MKP exceeded the Canadian Diversified Financial industry which returned -20.5% over the past year.

Return vs Market: MKP underperformed the Canadian Market which returned 3.2% over the past year.

Price Volatility

Is MKP's price volatile compared to industry and market?
MKP volatility
MKP Average Weekly Movement2.3%
Diversified Financial Industry Average Movement6.2%
Market Average Movement9.2%
10% most volatile stocks in CA Market18.4%
10% least volatile stocks in CA Market3.1%

Stable Share Price: MKP has not had significant price volatility in the past 3 months.

Volatility Over Time: MKP's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1980142Don Coulterwww.mcanmortgage.com

MCAN Mortgage Corporation operates as a loan and mortgage investment corporation in Canada. The company engages in the real estate lending and investing activities, including residential mortgage, residential construction, non-residential construction, and commercial loans, as well as portfolio of real estate investments trusts and private investment activities. It also provides term deposits through a network of independent financial agents.

MCAN Mortgage Corporation Fundamentals Summary

How do MCAN Mortgage's earnings and revenue compare to its market cap?
MKP fundamental statistics
Market capCA$586.25m
Earnings (TTM)CA$77.50m
Revenue (TTM)CA$123.94m

7.6x

P/E Ratio

4.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MKP income statement (TTM)
RevenueCA$123.94m
Cost of RevenueCA$12.04m
Gross ProfitCA$111.90m
Other ExpensesCA$34.40m
EarningsCA$77.50m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)2.05
Gross Margin90.29%
Net Profit Margin62.53%
Debt/Equity Ratio372.6%

How did MKP perform over the long term?

See historical performance and comparison

Dividends

10.1%

Current Dividend Yield

67%

Payout Ratio
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