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Morguard TSX:MRC Stock Report

Last Price

CA$118.51

Market Cap

CA$1.3b

7D

-0.5%

1Y

14.0%

Updated

22 Dec, 2024

Data

Company Financials +

MRC Stock Overview

A real estate investment and management company, engages in property ownership, development, and investment advisory services in Canada and the United States. More details

MRC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health1/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Morguard Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Morguard
Historical stock prices
Current Share PriceCA$118.51
52 Week HighCA$128.69
52 Week LowCA$103.95
Beta1.17
1 Month Change1.51%
3 Month Change-1.65%
1 Year Change13.95%
3 Year Change-10.38%
5 Year Change-40.62%
Change since IPO857.47%

Recent News & Updates

Revenues Working Against Morguard Corporation's (TSE:MRC) Share Price

Nov 29
Revenues Working Against Morguard Corporation's (TSE:MRC) Share Price

Recent updates

Revenues Working Against Morguard Corporation's (TSE:MRC) Share Price

Nov 29
Revenues Working Against Morguard Corporation's (TSE:MRC) Share Price

Why Morguard Corporation (TSE:MRC) Could Be Worth Watching

Jan 11
Why Morguard Corporation (TSE:MRC) Could Be Worth Watching

What Is Morguard Corporation's (TSE:MRC) Share Price Doing?

Aug 17
What Is Morguard Corporation's (TSE:MRC) Share Price Doing?

Here's Why Morguard (TSE:MRC) Is Weighed Down By Its Debt Load

Jan 11
Here's Why Morguard (TSE:MRC) Is Weighed Down By Its Debt Load

Is Morguard (TSE:MRC) A Risky Investment?

May 24
Is Morguard (TSE:MRC) A Risky Investment?

We Discuss Why Morguard Corporation's (TSE:MRC) CEO Compensation May Be Closely Reviewed

Apr 28
We Discuss Why Morguard Corporation's (TSE:MRC) CEO Compensation May Be Closely Reviewed

Is There Now An Opportunity In Morguard Corporation (TSE:MRC)?

Mar 23
Is There Now An Opportunity In Morguard Corporation (TSE:MRC)?

What You Need To Know About Morguard Corporation's (TSE:MRC) Investor Composition

Feb 27
What You Need To Know About Morguard Corporation's (TSE:MRC) Investor Composition

Does Morguard (TSE:MRC) Have A Healthy Balance Sheet?

Feb 09
Does Morguard (TSE:MRC) Have A Healthy Balance Sheet?

If You Had Bought Morguard's (TSE:MRC) Shares A Year Ago You Would Be Down 43%

Jan 14
If You Had Bought Morguard's (TSE:MRC) Shares A Year Ago You Would Be Down 43%

Are Morguard's (TSE:MRC) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Dec 30
Are Morguard's (TSE:MRC) Statutory Earnings A Good Reflection Of Its Earnings Potential?

When Should You Buy Morguard Corporation (TSE:MRC)?

Dec 17
When Should You Buy Morguard Corporation (TSE:MRC)?

Have Insiders Sold Morguard Corporation (TSE:MRC) Shares Recently?

Dec 04
Have Insiders Sold Morguard Corporation (TSE:MRC) Shares Recently?

Do Insiders Own Lots Of Shares In Morguard Corporation (TSE:MRC)?

Nov 24
Do Insiders Own Lots Of Shares In Morguard Corporation (TSE:MRC)?

When Should You Buy Morguard Corporation (TSE:MRC)?

Sep 10
When Should You Buy Morguard Corporation (TSE:MRC)?

Here's Why We Think Morguard's (TSE:MRC) Statutory Earnings Might Be Conservative

Aug 26
Here's Why We Think Morguard's (TSE:MRC) Statutory Earnings Might Be Conservative

These 4 Measures Indicate That Morguard (TSE:MRC) Is Using Debt Extensively

Aug 11
These 4 Measures Indicate That Morguard (TSE:MRC) Is Using Debt Extensively

How Much Is Morguard Corporation (TSE:MRC) Paying Its CEO?

Jul 27
How Much Is Morguard Corporation (TSE:MRC) Paying Its CEO?

Investors Continue Waiting On Sidelines For Morguard Corporation (TSE:MRC)

Jul 13
Investors Continue Waiting On Sidelines For Morguard Corporation (TSE:MRC)

What Kind Of Shareholder Owns Most Morguard Corporation (TSE:MRC) Stock?

Jun 29
What Kind Of Shareholder Owns Most Morguard Corporation (TSE:MRC) Stock?

Shareholder Returns

MRCCA Real EstateCA Market
7D-0.5%-2.9%-2.6%
1Y14.0%19.0%15.2%

Return vs Industry: MRC underperformed the Canadian Real Estate industry which returned 19% over the past year.

Return vs Market: MRC underperformed the Canadian Market which returned 15.2% over the past year.

Price Volatility

Is MRC's price volatile compared to industry and market?
MRC volatility
MRC Average Weekly Movement4.4%
Real Estate Industry Average Movement4.4%
Market Average Movement8.2%
10% most volatile stocks in CA Market17.4%
10% least volatile stocks in CA Market2.9%

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

Volatility Over Time: MRC's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2024n/aKuldip Sahiwww.morguard.com

Morguard Corporation, a real estate investment and management company, engages in property ownership, development, and investment advisory services in Canada and the United States. It operates in four segments: Multi-Suite Residential, Retail, Office, and Hotel. The company offers real estate management and advisory services, including acquisitions, development, dispositions, leasing, performance measurement, and asset and property management; and investment products across equity, fixed income, and balanced portfolios to institutional clients and private investors.

Morguard Corporation Fundamentals Summary

How do Morguard's earnings and revenue compare to its market cap?
MRC fundamental statistics
Market capCA$1.28b
Earnings (TTM)CA$198.36m
Revenue (TTM)CA$1.15b

6.5x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MRC income statement (TTM)
RevenueCA$1.15b
Cost of RevenueCA$599.72m
Gross ProfitCA$554.87m
Other ExpensesCA$356.52m
EarningsCA$198.36m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)18.35
Gross Margin48.06%
Net Profit Margin17.18%
Debt/Equity Ratio124.0%

How did MRC perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

3%

Payout Ratio

Does MRC pay a reliable dividends?

See MRC dividend history and benchmarks
When do you need to buy MRC by to receive an upcoming dividend?
Morguard dividend dates
Ex Dividend DateDec 16 2024
Dividend Pay DateDec 31 2024
Days until Ex dividend6 days
Days until Dividend pay date9 days

Does MRC pay a reliable dividends?

See MRC dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 04:09
End of Day Share Price 2024/12/20 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

Morguard 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
Dean WilkinsonCIBC Capital Markets
Matt LoganRBC Capital Markets
Khing ShanRBC Capital Markets