Morguard North American Residential Real Estate Investment Trust (TSX: MRG-UN) Stock Analysis & Fundamentals

MRG-UNMorguard North American Residential Real Estate Investment Trust

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

16.17CAD-0.25%Mkt Cap: 819.17M $P/E: 13.291d ago

Morguard North American Residential Real Estate Investment Trust is an unincorporated, open-end real estate investment trust listed on the Toronto Stock Exchange (TSX) under the symbol MRG.UN. REIT owns a diversified por…

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Key Statistics

Company

Market Cap819.17M $

Enterprise Value1.93B $

Revenue (TTM)257.99M $

Gross Profit121.25M $

Net Income (TTM)74.99M $

Revenue/Share7.381 USD

Last Price16.17 CAD

Fiscal Year EndDec 2025

MR QuarterJun 2026

Employees—

CountryCA

SectorReal Estate

IndustryREIT - Residential

ISIN—

Valuation

P/E (Trailing)13.29

P/E (Forward)11.75

PEG—

EV/EBITDA—

EV/Revenue7.49

P/S3.18

P/B0.27

EPS (TTM)1.22

EPS (Forward)1.38

52W Range

16.015% of range19.20

52W High19.20 CAD

52W Low16.01 CAD

Profitability

Gross Margin46.95%

Oper. Margin56.91%

EBITDA Margin0.00%

Profit Margin29.03%

ROE5.16%

ROA2.27%

Growth

Revenue Growth-2.00%

Earnings Growth-20.30%

Cash Flow & Leverage

Operating CF63.91M $

CapEx (TTM)—

FCF Margin40.40%

FCF Yield12.73%

Net Debt1.43B $

Net Debt/EBITDA—

Balance Sheet

Debt/Equity0.89

Current Ratio1.14

Quick Ratio1.09

Book Value/Sh59.69 CAD

Cash/Share5.834 CAD

Dividends

Fwd Div Rate0.7900 CAD

Trail. Div Rate0.7800 CAD

Div. Yield4.87%

5Y Avg Yield4.32%

Payout Ratio64.01%

Ex-Div DateAug 31, 2026

Pay DateAug 14, 2026

Analyst Consensus

Rating—

Target (Mean)21.13 CAD

Upside (mean)+30.6%

Target Range19.00 CAD – 24.00 CAD

CAD19.00+30.6% to meanCAD24.00

# Analysts4

Ownership

Shares Out.34.94M

Float25.15M

Insiders28.07%

Institutions3.62%

Short Interest

Short Ratio26.0d

Short % Out.1.51%

Shares Short666.70K

Short (prev mo.)671.05K

Technical

SMA 5016.75 (-3.5%)

SMA 20017.28 (-6.4%)

Beta0.93

S&P 52W Chg18.16%

Avg Vol (30d)28.04K

Avg Vol (10d)21.89K

Technical Indicators

RSI (14)35.9

MACD-0.1478

MACD Signal-0.1492

MACD Hist.+0.0014

BB Upper16.92 CAD

BB Middle16.46 CAD

BB Lower16.01 CAD

BB Width5.48%

ATR (14)0.2279 CAD

Vol Ratio (20d)0.76x