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MCAN Mortgage TSX:MKP Stock Report

Last Price

CA$18.20

Market Cap

CA$700.5m

7D

-7.0%

1Y

17.8%

Updated

17 Dec, 2024

Data

Company Financials +

MCAN Mortgage Corporation

TSX:MKP Stock Report

Market Cap: CA$700.5m

My Notes

Capture your thoughts, links and company narrative

MCAN Mortgage Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for MCAN Mortgage
Historical stock prices
Current Share PriceCA$18.20
52 Week HighCA$19.86
52 Week LowCA$15.27
Beta0.86
1 Month Change-7.24%
3 Month Change2.19%
1 Year Change17.80%
3 Year Change7.37%
5 Year Change5.51%
Change since IPO120.61%

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

Shareholder Returns

MKPCA Diversified FinancialCA Market
7D-7.0%0.1%-1.9%
1Y17.8%11.3%17.8%

Return vs Industry: MKP exceeded the Canadian Diversified Financial industry which returned 13.6% over the past year.

Return vs Market: MKP underperformed the Canadian Market which returned 19.1% over the past year.

Price Volatility

Is MKP's price volatile compared to industry and market?
MKP volatility
MKP Average Weekly Movement2.9%
Diversified Financial Industry Average Movement4.4%
Market Average Movement8.1%
10% most volatile stocks in CA Market17.5%
10% least volatile stocks in CA Market2.9%

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

Volatility Over Time: MKP's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1980155Derek Sutherlandwww.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$700.50m
Earnings (TTM)CA$89.72m
Revenue (TTM)CA$140.51m

7.8x

P/E Ratio

5.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MKP income statement (TTM)
RevenueCA$140.51m
Cost of RevenueCA$13.69m
Gross ProfitCA$126.82m
Other ExpensesCA$37.11m
EarningsCA$89.72m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.32
Gross Margin90.26%
Net Profit Margin63.85%
Debt/Equity Ratio379.5%

How did MKP perform over the long term?

See historical performance and comparison

Dividends

8.6%

Current Dividend Yield

63%

Payout Ratio

Does MKP pay a reliable dividends?

See MKP dividend history and benchmarks
When do you need to buy MKP by to receive an upcoming dividend?
MCAN Mortgage dividend dates
Ex Dividend DateDec 13 2024
Dividend Pay DateJan 02 2025
Days until Ex dividend5 days
Days until Dividend pay date15 days

Does MKP pay a reliable dividends?

See MKP dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/17 23:33
End of Day Share Price 2024/12/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

MCAN Mortgage Corporation is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Etienne RicardBMO Capital Markets Equity Research
Zachary WeisbrodCanaccord Genuity
Shubha KhanNational Bank Financial