Merchants' National Properties (MNPP) Stock Overview

Engages in acquiring, developing, operating, and leasing real estate in the United States. More details

MNPP fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	1/6
Financial Health	4/6
Dividends	2/6

Rewards

Price-To-Earnings ratio (21.1x) is below the Real Estate industry average (24.1x)

Risk Analysis

Earnings have declined by 13.8% per year over past 5 years

Shares are highly illiquid

Dividend of 3.95% is not well covered by free cash flows

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Merchants' National Properties, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Merchants' National Properties
Historical stock prices
Current Share Price	US$2,150.00
52 Week High	US$2,200.00
52 Week Low	US$1,742.07
Beta	0.27
1 Month Change	0.94%
3 Month Change	0%
1 Year Change	20.79%
3 Year Change	53.57%
5 Year Change	24.64%
Change since IPO	1,094.44%

Recent updates

Shareholder Returns

	MNPP	US Real Estate	US Market
7D	0%	-0.6%	-0.4%
1Y	20.8%	-14.1%	18.4%

Return vs Industry: MNPP exceeded the US Real Estate industry which returned -11% over the past year.

Return vs Market: MNPP matched the US Market which returned 20.3% over the past year.

Price Volatility

Is MNPP's price volatile compared to industry and market?
MNPP volatility
MNPP Average Weekly Movement	n/a
Real Estate Industry Average Movement	7.6%
Market Average Movement	7.3%
10% most volatile stocks in US Market	16.6%
10% least volatile stocks in US Market	3.2%

Stable Share Price: MNPP's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine MNPP's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1815	n/a	Craig Deitelzweig	marxrealty.com

Merchants' National Properties, Inc. engages in acquiring, developing, operating, and leasing real estate in the United States. The company asset portfolio includes shopping centers, office buildings, and other commercial real estate properties. Merchants' National Properties, Inc. was founded in 1815 and is headquartered in New York, New York.

Merchants' National Properties, Inc. Fundamentals Summary

How do Merchants' National Properties's earnings and revenue compare to its market cap?
MNPP fundamental statistics
Market cap	US$190.85m
Earnings (TTM)	US$9.25m
Revenue (TTM)	US$29.37m

21.1x

P/E Ratio

6.7x

P/S Ratio

Is MNPP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MNPP income statement (TTM)
Revenue	US$29.37m
Cost of Revenue	US$1.38m
Gross Profit	US$27.99m
Other Expenses	US$18.73m
Earnings	US$9.25m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)	101.83
Gross Margin	95.29%
Net Profit Margin	31.51%
Debt/Equity Ratio	21.4%

How did MNPP perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

83%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/07/08 09:14
End of Day Share Price	2026/07/08 00:00
Earnings	2025/12/31
Annual Earnings	2025/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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.

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 Github.

Analyst Sources

Merchants' National Properties, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Merchants' National Properties, Inc.OTCPK:MNPP Stock Report