The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 47 retail, office and industrial income producing properties in Canada with a book value of $2.6 billion and approximately 8.3 million square feet of leasable space. More Details
How is Morguard Real Estate Investment Trust forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
103.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MRT.UN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.5%).
Earnings vs Market: MRT.UN is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: MRT.UN's is expected to become profitable in the next 3 years.
Revenue vs Market: MRT.UN's revenue (19.5% per year) is forecast to grow faster than the Canadian market (8% per year).
High Growth Revenue: MRT.UN's revenue (19.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MRT.UN's Return on Equity is forecast to be high in 3 years time
How experienced are the management team and are they aligned to shareholders interests?
2.7yrs
Average board tenure
CEO
Kuldip Sahi (73 yo)
19.5yrs
Tenure
CA$100,000
Compensation
Mr. Kuldip Rai Sahi, FCPA, FCGA, has been the President and Chief Executive Officer of Morguard Real Estate Investment Trust and Trustee since November 10, 1998 and Chairman, President and Chief Executive ...
CEO Compensation Analysis
Compensation vs Market: Kuldip's total compensation ($USD79.23K) is below average for companies of similar size in the Canadian market ($USD517.89K).
Compensation vs Earnings: Kuldip's compensation has been consistent with company performance over the past year.
Board Members
Name
Position
Tenure
Compensation
Ownership
Kuldip Sahi
Chairman
19.5yrs
CA$100.00k
1.93% CA$ 6.9m
Bart Munn
Independent Trustee
2.67yrs
CA$50.00k
0.016% CA$ 56.5k
Donald Turple
Independent Director
0.67yr
no data
no data
Michael A. Catford
Independent Trustee
23.42yrs
CA$43.00k
no data
Timothy Walker
Independent Trustee
6.67yrs
CA$46.50k
0.046% CA$ 162.4k
Timothy Murphy
Independent Director
0.67yr
no data
no data
2.7yrs
Average Tenure
67yo
Average Age
Experienced Board: MRT.UN's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MRT.UN insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.9%.
Top Shareholders
Company Information
Morguard Real Estate Investment Trust's company bio, employee growth, exchange listings and data sources
The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 47 retail, office and industrial income producing properties in Canada with a book value of $2.6 billion and ap...
Company Analysis and Financial Data Status
All financial data provided by Standard & Poor's Capital IQ.
Data
Last Updated (UTC time)
Company Analysis
2021/01/21 23:44
End of Day Share Price
2021/01/21 00:00
Earnings
2020/09/30
Annual Earnings
2019/12/31
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.