MRG.UNMorguard North American Residential Real Estate Investment TrustMRG.UN info
$13.97info-0.94%24h
Global rank11107
Market cap$527.19M
Change 7d-
YTD Performance27.31%
SP500 benchmarkOutperform
P/E2.99
P/S2.16
Revenue$243.58M
Earnings$136.09M
Dividend yield-
Main Sector
Real Estate

Morguard North American Residential Real Estate Investment Trust (MRG.UN) Stock Overview

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.

MRG.UN Stock Information

Symbol
MRG.UN
Address
55 City Centre DriveMississauga, ON L5B 1M3Canada
Founded
-
Trading hours
-
Website
https://www.morguard.com
Country
πŸ‡¨πŸ‡¦ Canada
Phone Number
905 281 3800

Morguard North American Residential Real Estate Investment Trust (MRG.UN) Price Chart

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Value:-

Morguard North American Residential Real Estate Investment Trust Overview: Key Details and Summary

Stock data
2023
Change
Price
$13.97
N/A
Market Cap
$527.19M
N/A
Shares Outstanding
37.74M
-3.52%
Employees
0
N/A
Valuation
2023
Change
P/E Ratio
2.99
N/A
P/S Ratio
2.16
N/A
Earnings
2023
Change
Revenue
$243.58M
N/A
Earnings
$136.09M
N/A
EPS
4.67
N/A
Earnings Yield
0.3345
N/A
Gross Margin
0.4772
N/A
Operating Margin
0.4772
N/A
Net income margin
0.5587
N/A
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