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Morguard Real Estate Investment Trust TSX:MRT.UN Stock Report

Last Price

CA$5.33

Market Cap

CA$342.6m

7D

-0.6%

1Y

-0.2%

Updated

25 Apr, 2024

Data

Company Financials +

Morguard Real Estate Investment Trust

TSX:MRT.UN Stock Report

Market Cap: CA$342.6m

MRT.UN Stock Overview

The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 46 retail, office and industrial income producing properties in Canada with a book value of $2.3 billion and approximately 8.2 million square feet of leasable space.

MRT.UN fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance0/6
Financial Health0/6
Dividends2/6

Morguard Real Estate Investment Trust Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Morguard Real Estate Investment Trust
Historical stock prices
Current Share PriceCA$5.33
52 Week HighCA$5.70
52 Week LowCA$5.20
Beta1.42
1 Month Change0%
3 Month Change-1.66%
1 Year Change-0.19%
3 Year Change-1.11%
5 Year Change-56.42%
Change since IPO-23.86%

Recent News & Updates

Recent updates

Here's What Analysts Are Forecasting For Morguard Real Estate Investment Trust (TSE:MRT.UN) After Its Yearly Results

Feb 18
Here's What Analysts Are Forecasting For Morguard Real Estate Investment Trust (TSE:MRT.UN) After Its Yearly Results

Should Shareholders Have Second Thoughts About A Pay Rise For Morguard Real Estate Investment Trust's (TSE:MRT.UN) CEO This Year?

Apr 29
Should Shareholders Have Second Thoughts About A Pay Rise For Morguard Real Estate Investment Trust's (TSE:MRT.UN) CEO This Year?

Shareholder Returns

MRT.UNCA REITsCA Market
7D-0.6%0.8%0.7%
1Y-0.2%-17.5%4.9%

Return vs Industry: MRT.UN exceeded the Canadian REITs industry which returned -16.7% over the past year.

Return vs Market: MRT.UN underperformed the Canadian Market which returned 5.5% over the past year.

Price Volatility

Is MRT.UN's price volatile compared to industry and market?
MRT.UN volatility
MRT.UN Average Weekly Movement1.5%
REITs Industry Average Movement2.5%
Market Average Movement9.0%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.0%

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

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

About the Company

FoundedEmployeesCEOWebsite
1997n/aKuldip Sahiwww.morguard.com

The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 46 retail, office and industrial income producing properties in Canada with a book value of $2.3 billion and approximately 8.2 million square feet of leasable space.

Morguard Real Estate Investment Trust Fundamentals Summary

How do Morguard Real Estate Investment Trust's earnings and revenue compare to its market cap?
MRT.UN fundamental statistics
Market capCA$342.57m
Earnings (TTM)-CA$74.44m
Revenue (TTM)CA$256.84m

1.3x

P/S Ratio

-4.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MRT.UN income statement (TTM)
RevenueCA$256.84m
Cost of RevenueCA$129.10m
Gross ProfitCA$127.74m
Other ExpensesCA$202.19m
Earnings-CA$74.44m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 01, 2024

Earnings per share (EPS)-1.16
Gross Margin49.73%
Net Profit Margin-28.98%
Debt/Equity Ratio129.6%

How did MRT.UN perform over the long term?

See historical performance and comparison

Dividends

4.5%

Current Dividend Yield

-579%

Payout Ratio

Does MRT.UN pay a reliable dividends?

See MRT.UN dividend history and benchmarks
When do you need to buy MRT.UN by to receive an upcoming dividend?
Morguard Real Estate Investment Trust dividend dates
Ex Dividend DateApr 29 2024
Dividend Pay DateMay 15 2024
Days until Ex dividend2 days
Days until Dividend pay date18 days

Does MRT.UN pay a reliable dividends?

See MRT.UN dividend history and benchmarks
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