Millrose Properties, Inc. (MRP)
| Market Cap | 4.74B |
| Revenue (ttm) | 82.70M |
| Net Income (ttm) | -124.47M |
| Shares Out | 166.00M |
| EPS (ttm) | -0.75 |
| PE Ratio | n/a |
| Forward PE | 10.09 |
| Dividend | $2.60 (9.17%) |
| Ex-Dividend Date | Jul 3, 2025 |
| Volume | 2,242,620 |
| Open | 28.35 |
| Previous Close | 28.27 |
| Day's Range | 28.20 - 28.75 |
| 52-Week Range | 21.02 - 28.99 |
| Beta | n/a |
| Analysts | Strong Buy |
| Price Target | 30.75 (+7.63%) |
| Earnings Date | Aug 18, 2025 |
About MRP
Millrose purchases and develops residential land and sells finished homesites to homebuilders by way of option contracts with predetermined costs and takedown schedules. Millrose serves as a solution for homebuilders seeking to expand access to finished homesites while implementing an asset-light strategy. As fully developed homesites are sold by Millrose, capital is recycled into future land acquisitions for homebuilders, providing customers with durable access to community growth. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for MRP stock is "Strong Buy." The 12-month stock price forecast is $30.75, which is an increase of 7.63% from the latest price.
News
Millrose Properties: Attractive Income But Limited Upside (Rating Downgrade)
Millrose Properties has delivered strong, predictable results post-spin, with recurring option fee income and faster-than-expected third-party deal growth. The company offers a nearly 10% dividend yie...
New Home Co. Completes Acquisition of Landsea Homes Corporation
Establishes Top 25 National Homebuilder with Strong Foundation for Growth Establishes Top 25 National Homebuilder with Strong Foundation for Growth
Millrose Properties Announces Quarterly Dividend Payment
MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP, “Millrose”), the Homesite Option Purchase Platform for residential homebuilders, today announced that its Board of Directors has declared ...
Millrose Properties Reports First Quarter 2025 Financial Results
MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP, “Millrose” or the “Company”), the Homesite Option Purchase Platform for residential homebuilders, today announced its financial results fo...
Millrose Properties Announces Date of First Quarter 2025 Earnings Release and Conference Call
MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP, “Millrose”), the Homesite Option Purchase Platform for residential homebuilders, today announced that it will release its financial result...
Baron Real Estate Fund Q1 2025 Top Contributors And Detractors
Welltower Inc. outperformed due to its strong senior housing portfolio, cyclical and secular growth prospects, and strategic acquisition of Amica. American Tower Corporation showed solid performance d...
Millrose Properties Is A Compelling Opportunity As Its Business Ramps
Millrose Properties shares surged 10% following its first quarterly dividend announcement and anticipated earnings run-rate, making it an attractive investment. MRP, spun out from Lennar, holds attrac...
Millrose Properties Declares Inaugural Dividend and Provides 2025 Outlook
MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP, “Millrose”), the Homesite Option Purchase Platform (HOPP'R) for residential homebuilders, today announced a major milestone: its inaugural...
Millrose Properties Completes Acquisition of Rausch Coleman Homes Land Assets
MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP, “Millrose”), a “first-of-its-kind” Homesite Option Purchase Platform for residential homebuilders (HOPP'R), announced today that it has co...
Lennar Completes Acquisition of Rausch Coleman Homes
MIAMI , Feb. 10, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B, "Lennar") announced today the completion of the previously announced acquisition of Rausch Coleman Homes, a residential h...
Lennar Completes Spin-off of Millrose Properties
MIAMI , Feb. 7, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B, "Lennar"), one of the nation's leading homebuilders, and Millrose Properties, Inc. (NYSE: MRP, "Millrose"), a "first-of-it...
Millrose Properties Set to Join S&P SmallCap 600
NEW YORK , Feb. 5, 2025 /PRNewswire/ -- Millrose Properties Inc. (NYSE: MRP) will replace Ironwood Pharmaceuticals Inc. (NASD: IRWD) in the S&P SmallCap 600 effective prior to the opening of trading o...