Morguard Corporation (TSX:MRC)
Canada
· Delayed Price · Currency is CAD | Market Cap | 1.21B |
| Revenue (ttm) | 1.13B |
| Net Income (ttm) | 189.49M |
| Shares Out | 10.72M |
| EPS (ttm) | 17.57 |
| PE Ratio | 6.43 |
| Forward PE | 6.24 |
| Dividend | 0.80 (0.71%) |
| Ex-Dividend Date | n/a |
| Volume | 2,943 |
| Average Volume | 817 |
| Open | 113.05 |
| Previous Close | 112.72 |
| Day's Range | 113.00 - 114.00 |
| 52-Week Range | 107.77 - 128.69 |
| Beta | 0.89 |
| RSI | 46.27 |
| Earnings Date | May 2, 2025 |
About Morguard
Morguard Corporation, a real estate investment and management company, engages in property ownership, development, and investment advisory services in Canada and the United States. It operates in four segments: Multi-Suite Residential, Retail, Office, and Hotel. The company offers real estate management and advisory services, including acquisitions, development, dispositions, leasing, performance measurement, and asset and property management; and investment products across equity, fixed income, and balanced portfolios to institutional clients ... [Read more]
Financial Performance
In 2024, Morguard's revenue was 1.13 billion, a decrease of -8.30% compared to the previous year's 1.23 billion. Earnings were 261.80 million, an increase of 252.94%.
Financial StatementsNews
Morguard Corporation Announces Voting Results from the 2025 Annual Meeting of Shareholders
MISSISSAUGA, ON , May 9, 2025 /CNW/ - Morguard Corporation (the "Corporation") (TSX: MRC) today announced the results of matters voted on at its annual shareholders' meeting held on May 7, 2025 (the ...
Purpose and Performance: Morguard Releases 2024 ESG Report
New ESG Strategic Framework, Significant GHG Emission Reduction, and Award-Winning Decarbonization Projects Highlight a Milestone Year MISSISSAUGA, ON , May 8, 2025 /CNW/ - Morguard Corporation ("Morg...
Morguard Corporation Announces 2025 First Quarter Results and Regular Eligible Dividend
MISSISSAUGA, ON , May 6, 2025 /CNW/ - Morguard Corporation ("Morguard" or the "Company") (TSX: MRC) is pleased to announce its financial results for the three months ended March 31, 2025. Operational...
Morguard Corporation raises stake in Morguard REIT
Morguard Corporation Increases Ownership Position in Morguard Real Estate Investment Trust
MISSISSAUGA, ON , April 1, 2025 /CNW/ - Morguard Corporation (" Morguard ") (TSX: MRC) announced that it acquired 1,307,418 trust units (the " Units ") of Morguard Real Estate Investment Trust (the "...
Morguard reports FY results
Morguard Corporation Announces 2024 Results and Regular Eligible Dividend
MISSISSAUGA, ON , Feb. 20, 2025 /CNW/ - Morguard Corporation ("Morguard" or the "Company") (TSX: MRC) is pleased to announce its financial results for the year ended December 31, 2024. Operational an...
Morguard REIT targets 79% leasing commitment at Penn West Plaza in 2025 amid strategic tenant additions
Investor Confidence and Stable Growth Persist in the Multi-suite Residential Market in Q3 2024: Morguard
Investors remain confident in the multi-suite residential rental sector, a sentiment that was supported by attractive yields and a solid performance outlook. Industrial property investment sales activ...
Morguard reports Q3 results
Morguard raises dividend by 33.3% to CAD 0.20
Morguard Corporation Announces 2024 Third Quarter Results and an Increase to Regular Eligible Dividend
MISSISSAUGA, ON , Nov. 6, 2024 /CNW/ - Morguard Corporation ("Morguard" or the "Company") (TSX: MRC) is pleased to announce its financial results for the three and nine months ended September 30, 202...
Morguard breaks ground on a new purpose-built rental community in Mississauga at 725 Village Green Boulevard
Groundbreaking ceremony celebrated a milestone for Mississauga's Port Credit neighbourhood MISSISSAUGA, ON , Oct. 10, 2024 /CNW/ - Morguard Corporation ("Morguard") (TSX: MRC) officially launched the...
Morguard Acquires Partial Interest in Premier Class AAA Office Complex in Downtown Vancouver, British Columbia
Morguard completed the purchase of a 20 per cent freehold interest in Telus Garden located at 510 West Georgia and 541 Robson Street. MISSISSAUGA, ON , Oct. 9, 2024 /CNW/ - Morguard Corporation (TSX: ...
Morguard Corporation Announces Renewal of Normal Course Issuer Bid
MISSISSAUGA, ON , Sept. 18, 2024 /CNW/ - Morguard Corporation (TSX: MRC) ("Morguard") announced today that the Toronto Stock Exchange (the "TSX") has accepted a notice filed by Morguard of its intent...
Investor Confidence in Canada's Multi-Suite Residential and Industrial Sectors Continued in Q2 2024: Morguard
Investors continued to exhibit confidence in the multi-suite residential rental property sector in the second quarter. Industrial property sales increased substantially, which drove overall Canadian i...
Morguard reports Q2 results
Morguard Corporation Announces 2024 Second Quarter Results and Regular Eligible Dividend
MISSISSAUGA, ON , Aug. 7, 2024 /CNW/ - Morguard Corporation ("Morguard" or the "Company") (TSX: MRC) is pleased to announce its financial results for the three and six months ended June 30, 2024 . Op...
Canada's Commercial Real Estate Exhibited Resilience in Q1 2024: Morguard
Investors maintained confidence in Canada's multi-suite residential rental property as the sector continued to be a popular acquisition target. Owner/users were drivers of industrial property sales in...
Morguard Corporation Announces Voting Results from the 2024 Annual Meeting of Shareholders
MISSISSAUGA, ON , May 10, 2024 /CNW/ - Morguard Corporation (the "Corporation") (TSX: MRC) today announced the results of matters voted on at its annual shareholders' meeting held on May 8, 2024 (the...
Performance with Positive Impacts: Morguard Releases 2023 ESG Report
Morguard maintains its commitment to reduce environmental impacts and support communities where we live and work. MISSISSAUGA, ON , May 9, 2024 /CNW/ - Morguard Corporation ("Morguard") (TSX: MRC) to...
Morguard Corporation Announces 2024 First Quarter Results and Regular Eligible Dividend
MISSISSAUGA, ON , May 7, 2024 /CNW/ - Morguard Corporation ("Morguard" or the "Company") (TSX: MRC) is pleased to announce its financial results for the three months ended March 31, 2024 . Reporting ...
Morguard Launches CHECK-IN! Initiative in Partnership with Kids Help Phone
A series of engaging events from Morguard will promote awareness of youth mental health and wellness issues across Canada MISSISSAUGA, ON , May 3, 2024 /CNW/ - Morguard Corporation ("Morguard") (TSX: ...
Morguard Corporation Announces Appointment of Angela Sahi as President and Chief Operating Officer
MISSISSAUGA, ON , March 26, 2024 /CNW/ - Morguard Corporation (TSX: MRC) is pleased to announce that Angela Sahi , CPA, has been appointed as its President and Chief Operating Officer, effective imme...
U.S. Multi-Suite Residential Rental Market Activity Expected to Increase in the Second Half of 2024: Morguard
MISSISSAUGA, ON , March 18, 2024 /CNW/ - Morguard Corporation ("Morguard") (TSX: MRC) today released its 2024 U.S. National Economic Outlook and Multi-Suite Residential Rental Market Fundamentals Rep...