MRG.UN Stock Overview
The REIT is an unincorporated, open-ended real estate investment trust established under and governed by the laws of the Province of Ontario. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 1/6 |
| Dividends | 5/6 |
Rewards
Risk Analysis
Morguard North American Residential Real Estate Investment Trust Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$18.52 |
| 52 Week High | CA$19.53 |
| 52 Week Low | CA$13.08 |
| Beta | 1.21 |
| 11 Month Change | -1.91% |
| 3 Month Change | 5.59% |
| 1 Year Change | 40.73% |
| 33 Year Change | -0.22% |
| 5 Year Change | -0.91% |
| Change since IPO | 76.05% |
Recent News & Updates
Recent updates
Shareholder Returns
| MRG.UN | CA Residential REITs | CA Market | |
|---|---|---|---|
| 7D | 1.9% | 0.7% | 0.2% |
| 1Y | 40.7% | 5.4% | 21.0% |
Return vs Industry: MRG.UN exceeded the Canadian Residential REITs industry which returned 4.5% over the past year.
Return vs Market: MRG.UN exceeded the Canadian Market which returned 20.2% over the past year.
Price Volatility
| MRG.UN volatility | |
|---|---|
| MRG.UN Average Weekly Movement | 3.3% |
| Residential REITs Industry Average Movement | 2.8% |
| Market Average Movement | 8.3% |
| 10% most volatile stocks in CA Market | 17.5% |
| 10% least volatile stocks in CA Market | 2.9% |
Stable Share Price: MRG.UN has not had significant price volatility in the past 3 months compared to the Canadian market.
Volatility Over Time: MRG.UN's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2012 | n/a | Kuldip Sahi | www.morguard.com |
The REIT is an unincorporated, open-ended real estate investment trust established under and governed by the laws of the Province of Ontario. The Units of the REIT trade on the Toronto Stock Exchange under the ticker symbol MRG.UN. With a strategic focus on the acquisition of high-quality multi-suite residential properties in Canada and the United States, the REIT maximizes long-term Unit value through active asset and property management.
Morguard North American Residential Real Estate Investment Trust Fundamentals Summary
| MRG.UN fundamental statistics | |
|---|---|
| Market cap | CA$994.18m |
| Earnings (TTM) | CA$78.38m |
| Revenue (TTM) | CA$347.06m |
8.6x
P/E Ratio1.9x
P/S RatioIs MRG.UN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MRG.UN income statement (TTM) | |
|---|---|
| Revenue | CA$347.06m |
| Cost of Revenue | CA$159.01m |
| Gross Profit | CA$188.05m |
| Other Expenses | CA$109.67m |
| Earnings | CA$78.38m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.15 |
| Gross Margin | 54.18% |
| Net Profit Margin | 22.58% |
| Debt/Equity Ratio | 99.6% |
How did MRG.UN perform over the long term?
See historical performance and comparison