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Morguard North American Residential Real Estate Investment Trust OTCPK:MNAR.F Stock Report

Last Price

US$11.22

Market Cap

US$622.9m

7D

-3.8%

1Y

n/a

Updated

17 Apr, 2024

Data

Company Financials +

Morguard North American Residential Real Estate Investment Trust

OTCPK:MNAR.F Stock Report

Market Cap: US$622.9m

Morguard North American Residential Real Estate Investment Trust Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Morguard North American Residential Real Estate Investment Trust
Historical stock prices
Current Share PriceCA$11.22
52 Week HighCA$12.72
52 Week LowCA$9.52
Beta1.18
1 Month Change-4.23%
3 Month Change0.40%
1 Year Changen/a
3 Year Changen/a
5 Year Change-16.70%
Change since IPO21.27%

Recent News & Updates

Recent updates

Shareholder Returns

MNAR.FUS Residential REITsUS Market
7D-3.8%-3.7%-3.7%
1Yn/a-4.3%20.5%

Return vs Industry: Insufficient data to determine how MNAR.F performed against the US Residential REITs industry.

Return vs Market: Insufficient data to determine how MNAR.F performed against the US Market.

Price Volatility

Is MNAR.F's price volatile compared to industry and market?
MNAR.F volatility
MNAR.F Average Weekly Movementn/a
Residential REITs Industry Average Movement4.1%
Market Average Movement6.0%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.0%

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

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

About the Company

FoundedEmployeesCEOWebsite
2012n/aKuldip Sahiwww.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

How do Morguard North American Residential Real Estate Investment Trust's earnings and revenue compare to its market cap?
MNAR.F fundamental statistics
Market capUS$622.88m
Earnings (TTM)US$127.73m
Revenue (TTM)US$243.93m

3.3x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MNAR.F income statement (TTM)
RevenueCA$336.76m
Cost of RevenueCA$151.38m
Gross ProfitCA$185.38m
Other ExpensesCA$9.05m
EarningsCA$176.34m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 30, 2024

Earnings per share (EPS)4.67
Gross Margin55.05%
Net Profit Margin52.36%
Debt/Equity Ratio92.0%

How did MNAR.F perform over the long term?

See historical performance and comparison

Dividends

4.8%

Current Dividend Yield

29%

Payout Ratio
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