TSE:MRG.UN Morguard North American Residential REIT (MRG.UN) Stock Price, News & Analysis → Crypto Market Preps For Trillions Worth of Inflows! (From Crypto 101 Media) (Ad) Free MRG.UN Stock Alerts C$15.95 +0.03 (+0.19%) (As of 03/28/2024 ET) Add Compare Share Share Today's RangeC$15.87▼C$16.0150-Day RangeC$14.56▼C$16.3552-Week RangeC$13.08▼C$17.72Volume23,392 shsAverage Volume23,356 shsMarket CapitalizationC$601.95 millionP/E Ratio3.42Dividend Yield4.64%Price TargetC$21.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsHeadlinesInsider Trades Get Morguard North American Residential REIT alerts: Email Address Morguard North American Residential REIT MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside34.8% UpsideC$21.50 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingAcquiring SharesC$813,999 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.17 out of 5 stars 3.5 Analyst's Opinion Consensus RatingMorguard North American Residential REIT has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$21.50, Morguard North American Residential REIT has a forecasted upside of 34.8% from its current price of C$15.95.Amount of Analyst CoverageMorguard North American Residential REIT has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for MRG.UN. Previous Next 2.5 Dividend Strength Dividend LeadershipMorguard North American Residential REIT is a leading dividend payer. It pays a dividend yield of 4.77%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthMorguard North American Residential REIT does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Morguard North American Residential REIT is 15.85%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MRG.UN. Previous Next 2.6 News and Social Media Coverage News SentimentMorguard North American Residential REIT has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.44 average news sentiment score of Real Estate companies.News Coverage This WeekMarketBeat has tracked 1 news article for Morguard North American Residential REIT this week, compared to 0 articles on an average week. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Morguard North American Residential REIT insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$813,999.00 in company stock and sold C$0.00 in company stock.Percentage Held by Insiders25.73% of the stock of Morguard North American Residential REIT is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 7.47% of the stock of Morguard North American Residential REIT is held by institutions. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Morguard North American Residential REIT is 3.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.11.Price to Earnings Ratio vs. SectorThe P/E ratio of Morguard North American Residential REIT is 3.42, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 202.29.Price to Book Value per Share RatioMorguard North American Residential REIT has a P/B Ratio of 0.32. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeTrump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.Protect your retirement savings from the inevitable devaluation of the dollar… About Morguard North American Residential REIT Stock (TSE:MRG.UN)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. Its portfolio consists of 13,236 residential suites (as of February 12, 2019) located in Alberta, Ontario, Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia and Maryland with an appraised value of approximately $2.8 billion at December 31, 2018.Read More MRG.UN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MRG.UN Stock News HeadlinesMarch 28, 2024 | americanbankingnews.comMorguard North American Residential REIT (TSE:MRG.UN) Share Price Crosses Above 200 Day Moving Average of $14.84March 20, 2024 | americanbankingnews.comMorguard North American Residential REIT (TSE:MRG.UN) Stock Price Passes Above 200-Day Moving Average of $14.83March 28, 2024 | Insiders Exposed (Ad)This consistently signaled gains of 453%... 610%... and even 1036%...It doesn’t happen often, but occasionally, something completely unique comes across my radar. 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Top analysts predict these ETFs will attract trillions of dollars worth of inflows over the next few years… And as Bitcoin rallies, we could see other smaller coins rise to heights never seen before.December 15, 2023 | ca.finance.yahoo.comMorguard North American Residential REIT Declares December 2023 Distribution of $0.06167 per UnitOctober 27, 2023 | msn.comThis 5% Dividend Stock Pays Cash Every Month!August 30, 2023 | msn.com3 Stocks You Can Confidently Invest $500 in Right NowJune 15, 2023 | finance.yahoo.comMorguard North American Residential REIT Declares June 2023 Distribution of $0.06 per UnitMay 15, 2023 | ca.finance.yahoo.comMorguard North American Residential REIT Declares May 2023 Distribution of $0.06 per UnitMay 5, 2023 | finance.yahoo.comMorguard North American Residential Real Estate Investment Trust Announces Voting Results from the 2023 Annual Meeting of UnitholdersApril 27, 2023 | theglobeandmail.comClosing Bell: Morguard Na Residential REIT Units up on Thursday (MRG-UN)April 27, 2023 | msn.comMorguard North American Residential REIT reports Q1 resultsApril 25, 2023 | finance.yahoo.comMorguard North American Residential REIT Announces 2023 First Quarter ResultsApril 19, 2023 | theglobeandmail.comClosing Bell: Morguard Na Residential REIT Units down on Tuesday (MRG-UN)April 15, 2023 | theglobeandmail.comClosing Bell: Morguard Na Residential REIT Units up on Friday (MRG-UN)April 14, 2023 | ca.finance.yahoo.comMorguard North American Residential REIT Declares April 2023 Distribution of $0.06 per UnitMarch 29, 2023 | finance.yahoo.comMorguard North American Residential REIT Completes Acquisition of a Class A Multi-Suite Residential High-Rise in Downtown ChicagoMarch 9, 2023 | ca.finance.yahoo.comMORGUARD NORTH AMERICAN RESIDENTIAL REIT ANNOUNCES COMPLETION OF ITS PREVIOUSLY ANNOUNCED PUBLIC OFFERING OF $50 MILLION OF CONVERTIBLE DEBENTURESFebruary 14, 2023 | finance.yahoo.comMorguard North American Residential REIT Announces 2022 ResultsFebruary 7, 2023 | fool.ca2 Top Residential REITs to Buy in February 2023January 9, 2023 | theglobeandmail.comMonday’s Insider Report: Trustee invests over $350,000 in this REIT with a nearly 30% upside forecastJanuary 1, 2023 | msn.comHow to Invest in Real Estate in 2023 (Even if Rates Keep Climbing)See More Headlines Receive MRG.UN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Morguard North American Residential REIT and its competitors with MarketBeat's FREE daily newsletter. Email Address Industry, Sector and Symbol Stock ExchangeTSE SectorReal Estate Industry REIT - Residential Sub-IndustryN/A Current SymbolTSE:MRG.UN CUSIPN/A CIKN/A Webwww.morguard.com Phone+1-905-2815923FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price TargetC$21.50 High Stock Price TargetC$23.00 Low Stock Price TargetC$20.00 Potential Upside/Downside+34.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)C$4.67 Trailing P/E Ratio3.42 Forward P/E Ratio26.06 P/E GrowthN/ANet IncomeC$176.34 million Net Margins52.36% Pretax MarginN/A Return on Equity9.71% Return on Assets2.54% Debt Debt-to-Equity Ratio92.78 Current Ratio0.19 Quick Ratio0.09 Sales & Book Value Annual SalesC$336.76 million Price / Sales1.79 Cash FlowC$0.59 per share Price / Cash Flow27.19 Book ValueC$49.10 per share Price / Book0.32Miscellaneous Outstanding Shares37,740,000Free FloatN/AMarket CapC$601.95 million OptionableNot Optionable Beta1.17 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.Get This Free Report Key ExecutivesMr. Kuldip Rai Sahi FCPA (Age 72)FCGA, FCA, Chairman & CEO Mr. Christopher A. NewmanChief Financial OfficerMr. Robert D. Wright CPAVPMr. Sanjay RatejayVP of OperationsMs. Beverley Gail Flynn L.L.B.LLB, Sr. VP, Gen. Counsel & Sec.Key CompetitorsMinto Apartment Real Estate Invt TrustTSE:MI.UNPure Multi-Family REITTSE:RUF.UNBsr Real Estate Investment TrustTSE:HOM.UFlagship Communities Real Estate Investment TrustTSE:MHC.UNEuropean Residential Real Estate Investment TrustTSE:ERE-UNView All CompetitorsInsidersSime ArmoyanBought 400 shares on 2/29/2024Total: C$43,998.52 ($110.00/share)Sime ArmoyanBought 3,600 shares on 2/23/2024Total: C$396,000.00 ($110.00/share)Sime ArmoyanBought 3,400 shares on 1/22/2024Total: C$374,000.00 ($110.00/share)Sime ArmoyanBought 3,100 shares on 12/22/2023Total: C$321,248.04 ($103.63/share)Sime ArmoyanBought 2,400 shares on 11/23/2023Total: C$247,198.08 ($103.00/share)View All Insider Transactions MRG.UN Stock Analysis - Frequently Asked Questions Should I buy or sell Morguard North American Residential REIT stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Morguard North American Residential REIT in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MRG.UN shares. View MRG.UN analyst ratings or view top-rated stocks. What is Morguard North American Residential REIT's stock price target for 2024? 2 equities research analysts have issued twelve-month target prices for Morguard North American Residential REIT's stock. Their MRG.UN share price targets range from C$20.00 to C$23.00. On average, they anticipate the company's share price to reach C$21.50 in the next year. This suggests a possible upside of 34.8% from the stock's current price. View analysts price targets for MRG.UN or view top-rated stocks among Wall Street analysts. How have MRG.UN shares performed in 2024? Morguard North American Residential REIT's stock was trading at C$14.77 at the start of the year. Since then, MRG.UN shares have increased by 8.0% and is now trading at C$15.95. View the best growth stocks for 2024 here. Is Morguard North American Residential REIT a good dividend stock? Morguard North American Residential REIT (TSE:MRG.UN) pays an annual dividend of C$0.74 per share and currently has a dividend yield of 4.77%. MRG.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 15.85%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for MRG.UN. How do I buy shares of Morguard North American Residential REIT? Shares of MRG.UN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. This page (TSE:MRG.UN) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeGrab Your Free Bitcoin Today!Crypto Swap ProfitsMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceTop Project Outperforms BTC in 2023…Crypto 101 MediaFed launches fourth dollar overhaulStansberry ResearchBREAKING: New AI Breakthrough Could Change Healthcare ForeverBehind the MarketsThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research Advisory Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Morguard North American Residential REIT Please log in to your account or sign up in order to add this asset to your watchlist. 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