MRG-UN — Morguard North American Residential Real Estate Investment Trust

MRG-UNMorguard North American Residential Real Estate Investment Trust

TSX · CA · Real Estate · REIT - Residential · morguard.com

16.56CADMkt Cap: 1.15B CADP/E: 10.22Last update: 2026-05-22

Morguard North American Residential Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust. The Units of the REIT trade on the Toronto Stock Exchange. With a strategic focus on the acq…

Industry Peers

REIT - Residential

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SNGYO

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AMH

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13.25BUSDP/E 26.2

CAR-UN

Canadian Apartment Properties Real Estate Investment Trust

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3.36BCADP/E 71.1

KRGYO

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Indicators:|

Key Statistics

Company

Market Cap1.15B CAD

Enterprise Value2.69B CAD

Revenue (TTM)356.05M CAD

Gross Profit166.49M CAD

Net Income (TTM)102.97M CAD

Revenue/Share10.19 CAD

Last Price16.56 CAD

Fiscal Year EndDec 2025

MR QuarterMar 2026

Employees—

CountryCA

SectorReal Estate

IndustryREIT - Residential

ISIN—

Valuation

P/E (Trailing)10.22

P/E (Forward)12.11

PEG—

EV/EBITDA—

EV/Revenue7.55

P/S3.26

P/B0.29

EPS (TTM)1.62

EPS (Forward)1.38

52W Range

16.5412% of range16.70

52W High16.70 CAD

52W Low16.54 CAD

Profitability

Gross Margin46.95%

Oper. Margin19.17%

EBITDA Margin0.00%

Profit Margin29.03%

ROE5.16%

ROA2.27%

Growth

Revenue Growth-4.70%

Earnings Growth0.40%

Cash Flow & Leverage

Operating CF87.76M CAD

CapEx (TTM)—

FCF Margin37.67%

FCF Yield11.67%

Net Debt1.99B CAD

Net Debt/EBITDA—

Balance Sheet

Debt/Equity0.89

Current Ratio0.51

Quick Ratio0.33

Book Value/Sh57.10 CAD

Cash/Share2.327 CAD

Dividends

Fwd Div Rate0.7900 CAD

Trail. Div Rate0.7720 CAD

Div. Yield4.73%

5Y Avg Yield4.29%

Payout Ratio47.54%

Ex-Div DateMay 29, 2026

Pay DateMay 15, 2026

Analyst Consensus

Rating—

Target (Mean)21.25 CAD

Target Range20.00 CAD – 23.00 CAD

# Analysts4

Ownership

Shares Out.34.94M

Float25.13M

Insiders27.77%

Institutions3.61%

Short Interest

Short Ratio24.1d

Short % Out.1.26%

Shares Short667.12K

Short (prev mo.)662.02K

Technical

SMA 5017.05 (-2.9%)

SMA 20017.74 (-6.6%)

Beta0.94

S&P 52W Chg28.31%

Avg Vol (30d)21.24K

Avg Vol (10d)23.54K

Technical Indicators

RSI (14)—

MACD—

MACD Signal—

MACD Hist.—

BB Upper—

BB Middle—

BB Lower—

BB Width—

ATR (14)—

Vol Ratio (20d)—