Morguard North American Residential Real Estate Investment Trust (TSX:MRG.UN)

Market Cap	630.64M
Revenue (ttm)	354.87M
Net Income (ttm)	114.20M
Shares Out	35.71M
EPS (ttm)	3.20
PE Ratio	5.52
Forward PE	9.36
Dividend	0.76 (4.37%)
Ex-Dividend Date	Apr 30, 2025

Volume	16,919
Average Volume	25,628
Open	17.75
Previous Close	17.40
Day's Range	17.42 - 17.79
52-Week Range	14.75 - 19.53
Beta	1.07
RSI	66.09
Earnings Date	Apr 25, 2025

About TSX: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. The REIT's portfolio is comprised of 13,089 residential suites and 229,500 square feet of commercial area ...

• Industry: REIT - Residential
• Sector: Real Estate
• Founded: 2012
• Employees: 1,300
• Stock Exchange: Toronto Stock Exchange
• Ticker Symbol: MRG.UN

Financial Performance

In 2024, TSX:MRG.UN's revenue was 349.15 million, an increase of 3.68% compared to the previous year's 336.76 million. Earnings were 101.86 million, a decrease of -42.24%.