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Ticker
MRG-UN.TO

Price
16.09
Stock movement up
+0.15 (0.94%)
Company name
Morguard North American Residential Real Estate Investment Trust
Exchange
(TO
,
Currency
CAD
)
Sector
Real Estate >
REIT - Residential
Market cap
586.62M
Ent value
2.86B
Price/Sales
1.72
Price/Book
0.29
Div yield
4.60%
Div growth
-18.40%
Growth years
-
FCF payout
30.15%
Trailing P/E
7.48
Forward P/E
-
PEG
-
EPS growth
-1.76%
1 year return
2.16%
3 year return
-5.17%
5 year return
4.96%
10 year return
4.34%
Last updated: 2025-04-12

DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share0.74
Dividend yield4.60%
Payout frequency-
Maximum yield5.68%
Average yield4.36%
Minimum yield3.44%
Discount to avg yield5.21%
Upside potential5.49%
Yield as % of max yield81.00%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield4.60%
Current yield distribution26.27%
Yield at 100% (Min)3.44%
Yield at 90%3.89%
Yield at 80%3.99%
Yield at 50% (Median)4.37%
Yield at 20%4.67%
Yield at 10%4.85%
Yield at 0% (Max)5.68%

Dividend per share

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Dividend per share data
Years of growth-
CCC status-
Dividend per share0.74
Payout frequency-
Ex-div date27 Sep 2024
EPS (TTM)1.45
EPS (1y forward)-
EPS growth (5y)-1.76%
EPS growth (5y forward)-

Dividend growth

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Dividend growth data
MRG-UN.TOS&P500
DGR MR2.78%-13.74%
DGR TTM2.42%6.60%
DGR 3 years-30.00%5.24%
DGR 5 years-18.40%5.40%
DGR 10 years-8.76%7.07%
DGR 15 years-6.12%
Time since last change announced305 days
EPS growth (5y)-1.76%
EPS growth (5y forward)-

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM34.21%30.15%
Average--
Forward--

VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E7.48
Price to OCF6.60
Price to FCF6.60
Price to EBITDA9.60
EV to EBITDA46.72

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales1.72
Price to Book0.29
EV to Sales8.37

FINANCIALS

Per share

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Per share data
Current share count36.46M
EPS (TTM)1.45
FCF per share (TTM)1.64

Income statement

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Income statement data
Revenue (TTM)341.30M
Gross profit (TTM)166.95M
Operating income (TTM)160.03M
Net income (TTM)78.38M
EPS (TTM)1.45
EPS (1y forward)-

Margins

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Margins data
Gross margin (TTM)48.91%
Operating margin (TTM)46.89%
Profit margin (TTM)22.96%

Balance Sheet

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Balance Sheet data
Cash103.27M
Net receivables11.88M
Total current assets134.39M
Goodwill0.00
Intangible assets0.00
Property, plant and equipment0.00
Total assets4.38B
Accounts payable58.01M
Short/Current long term debt1.68B
Total current liabilities334.07M
Total liabilities2.37B
Shareholder's equity2.00B
Net tangible assets0.00

Cash flow

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Cash flow data
Operating cash flow (TTM)88.94M
Capital expenditures (TTM)0.00
Free cash flow (TTM)88.94M
Dividends paid (TTM)26.82M

Financial returns

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Financial returns data
Return on Equity3.91%
Return on Assets1.79%
Return on Invested Capital3.47%
Cash Return on Invested Capital3.93%

STOCK INFORMATION

Stock chart

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Stock price data
Open15.57
Daily high16.24
Daily low15.57
Daily Volume29K
All-time high20.88
1y analyst estimate22.00
Beta1.21
EPS (TTM)1.45
Dividend per share0.74
Ex-div date27 Sep 2024
Next earnings date28 Apr 2025

Downside potential

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Downside potential data
MRG-UN.TOS&P500
Current price drop from All-time high-22.94%-12.89%
Highest price drop-48.28%-56.47%
Date of highest drop23 Mar 20209 Mar 2009
Avg drop from high-14.15%-11.07%
Avg time to new high31 days12 days
Max time to new high1282 days1805 days
COMPANY DETAILS
MRG-UN.TO (Morguard North American Residential Real Estate Investment Trust) company logo
Marketcap
586.62M
Marketcap category
Small-cap
Description
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. The REIT's portfolio is comprised of 13,089 residential suites and 229,500 square feet of commercial area (as of October 24, 2023) located in Alberta, Ontario, Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia and Maryland with an appraised value of approximately $4.0 billion at September 30, 2023.
Employees
0
Investor relations
-
CEO
Country
Canada
City
Stock type
-
CCC status
-
Dividend Frequency
-
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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COMPANY NEWS
All newsPress releases
Morguard North American Residential Real Estate Investment Trust (the "REIT") (TSX: MRG.UN), expects to announce its financial results for the quarters ended March 31, 2025 and 2024 on Tuesday, April ...
March 27, 2025
Morguard North American Residential Real Estate Investment Trust (the "REIT") (TSX: MRG.UN) today announced that it has declared a distribution of $0.06333 per unit for the month of March 2025. The di...
March 14, 2025
Morguard North American Residential Real Estate Investment Trust (the "REIT") (TSX: MRG.UN) today announced that it has declared a distribution of $0.06333 per unit for the month of February 2025. The...
February 14, 2025
Despite a drop in net income, MNARF showcases asset growth and strategic financial maneuvers to bolster its market position.
February 14, 2025
Morguard North American Residential REIT (MRG-UN.TO) after trade Tuesday reported lower funds from o
February 11, 2025
Morguard North American Residential REIT (the "REIT") (TSX: MRG.UN) today announced its financial results for the year ended December 31, 2024.
February 11, 2025
Morguard North American Residential Real Estate Investment Trust (the "REIT") (TSX: MRG.UN) today announced that it has declared a distribution of $0.06333 per unit for the month of January 2025. The ...
January 15, 2025
Morguard North American Residential Real Estate Investment Trust (TSX: MRG.UN) (the "REIT") announced today that the Toronto Stock Exchange has accepted its notice of intention to make a normal course...
January 8, 2025
Morguard North American Residential Real Estate Investment Trust (the "REIT") (TSX: MRG.UN), expects to announce its financial results for the years ended December 31, 2024 and 2023 on Tuesday, Februa...
January 6, 2025
Morguard North American Residential Real Estate Investment Trust (the "REIT") (TSX: MRG.UN) today announced that it has declared a distribution of $0.06333 per unit for the month of November 2024. The...
November 15, 2024
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