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

Last Price

US$13.02

Market Cap

US$700.1m

7D

2.4%

1Y

32.7%

Updated

25 Nov, 2024

Data

Company Financials +

Morguard North American Residential Real Estate Investment Trust

OTCPK:MNAR.F Stock Report

Market Cap: US$700.1m

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$13.02
52 Week HighCA$14.16
52 Week LowCA$10.21
Beta1.21
11 Month Change-8.05%
3 Month Change-3.20%
1 Year Change32.66%
33 Year Change-11.41%
5 Year Change-8.06%
Change since IPO40.67%

Recent News & Updates

Recent updates

Shareholder Returns

MNAR.FUS Residential REITsUS Market
7D2.4%1.5%2.2%
1Y32.7%23.0%31.6%

Return vs Industry: MNAR.F exceeded the US Residential REITs industry which returned 23% over the past year.

Return vs Market: MNAR.F exceeded the US Market which returned 31.6% over the past year.

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 Movement2.9%
Market Average Movement6.3%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.1%

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

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$700.14m
Earnings (TTM)US$56.08m
Revenue (TTM)US$248.30m

8.5x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MNAR.F income statement (TTM)
RevenueCA$347.06m
Cost of RevenueCA$159.01m
Gross ProfitCA$188.05m
Other ExpensesCA$109.67m
EarningsCA$78.38m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.15
Gross Margin54.18%
Net Profit Margin22.58%
Debt/Equity Ratio99.6%

How did MNAR.F perform over the long term?

See historical performance and comparison

Dividends

4.2%

Current Dividend Yield

29%

Payout Ratio

Does MNAR.F pay a reliable dividends?

See MNAR.F dividend history and benchmarks
When do you need to buy MNAR.F by to receive an upcoming dividend?
Morguard North American Residential Real Estate Investment Trust dividend dates
Ex Dividend DateNov 29 2024
Dividend Pay DateDec 16 2024
Days until Ex dividend3 days
Days until Dividend pay date20 days

Does MNAR.F pay a reliable dividends?

See MNAR.F dividend history and benchmarks