Morguard North American Residential Real Estate Investment Trust (MNARF)

OTCMKTS · Delayed Price · Currency is USD
11.51
+0.69 (6.42%)
At close: Apr 11, 2025
Market Cap 437.94M
Revenue (ttm) 242.66M
Net Income (ttm) 70.79M
Shares Out n/a
EPS (ttm) 1.95
PE Ratio 6.19
Forward PE n/a
Dividend 0.54 (4.67%)
Ex-Dividend Date Apr 30, 2025
Volume 2,400
Average Volume 4,840
Open 11.51
Previous Close 10.82
Day's Range 11.51 - 11.51
52-Week Range 10.80 - 14.16
Beta 1.06
RSI 45.96
Earnings Date Apr 25, 2025

About MNARF

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 ... [Read more]

Sector Real Estate
Founded 2012
Employees 1,300
Stock Exchange OTCMKTS
Ticker Symbol MNARF
Full Company Profile

Financial Performance

In 2024, MNARF'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%.

Financial numbers in CAD Financial Statements

News

Canadian REITs: Can They Weather Tariff Uncertainty?

Impact of tariffs on Canada's REIT sector. What a recession might mean for REITs. Why Canadian REITs are trading at a discount vs. U.S. REITs.

4 weeks ago - Seeking Alpha

Morguard North American Residential Real Estate Investment Trust (MNARF) Q4 2024 Earnings Call Transcript

Morguard North American Residential Real Estate Investment Trust (OTC:MNARF) Q4 2024 Earnings Conference Call February 13, 2025 3:00 PM ET Company Participants Paul Miatello - Senior Vice President Ch...

2 months ago - Seeking Alpha

Morguard North American Residential Real Estate Investment Trust (MNARF) Q3 2024 Earnings Call Transcript

Morguard North American Residential Real Estate Investment Trust (OTC:MNARF) Q3 2024 Earnings Conference Call October 31, 2024 3:00 PM ET Company Participants Paul Miatello – Senior Vice President Chr...

6 months ago - Seeking Alpha

Rate Cuts Open Door For Potential Opportunity In REITs

Lower interest rates have boosted REITs. Financial health of the REITs may provide more support. Some REIT sectors are more challenged than others though.

6 months ago - Seeking Alpha

Morguard North American Residential REIT (MNARF) Q2 2024 Earnings Call Transcript

Morguard North American Residential REIT (OTC:MNARF) Q2 2024 Results Conference Call August 1, 2024 3:00 PM ET Company Participants Paul Miatello - Senior Vice President Chris Newman - Chief Financial...

9 months ago - Seeking Alpha

Morguard North American Residential Real Estate Investment Trust (MNARF) Q1 2024 Earnings Call Transcript

Morguard North American Residential Real Estate Investment Trust (OTC:MNARF) Q1 2024 Results Conference Call May 2, 2024 3:00 PM ET Company Participants Paul Miatello - Senior Vice President Chris New...

1 year ago - Seeking Alpha

Why Lower Rates Could Lead To Opportunities In REITs This Year

How REITs have fared through high interest rate environment. Takeaways from REITs earnings season so far. When rate cuts do come, some REIT sectors may stand to benefit.

1 year ago - Seeking Alpha

Morguard North American Residential Real Estate Investment Trust (MNARF) Q4 2023 Earnings Call Transcript

Morguard North American Residential Real Estate Investment Trust (MNARF) Q4 2023 Earnings Call Transcript

1 year ago - Seeking Alpha

Morguard North American Residential Real Estate Investment Trust (MNARF) Q3 2023 Earnings Call Transcript

Morguard North American Residential Real Estate Investment Trust (OTC:MNARF) Q3 2023 Earnings Conference Call October 26, 2023 3:00 PM ET Company Participants Paul Miatello - Senior Vice President Ang...

1 year ago - Seeking Alpha

Morguard North American Residential Real Estate Investment Trust (MNARF) Q2 2023 Earnings Call Transcript

Morguard North American Residential Real Estate Investment Trust (MNARF) Q2 2023 Earnings Call Transcript

1 year ago - Seeking Alpha

Bank Of Canada Strikes Again

Bank of Canada announces 25 bps hike, raising the rate to 4.75% amid concerns of lagging inflation and housing market issues. Bonds and dividend-paying equities sell off in response, with a predicted ...

2 years ago - Seeking Alpha

Morguard North American Residential Real Estate Investment Trust (MNARF) Q1 2023 Earnings Call Transcript

Morguard North American Residential Real Estate Investment Trust (MNARF) Q1 2023 Earnings Conference Call April 27, 2023 3:00 PM ET Corporate Participants Paul Miatello - Senior Vice President John Ta...

2 years ago - Seeking Alpha

Morguard North American Residential Real Estate Investment Trust (MNARF) Q4 2022 Earnings Call Transcript

Morguard North American Residential Real Estate Investment Trust (OTC:MNARF) Q4 2022 Earnings Conference Call February 16, 2023 3:00 PM ET Company Participants Paul Miatello - Senior Vice President An...

2 years ago - Seeking Alpha

Morguard North American Residential Real Estate Investment Trust (MNARF) Q3 2022 Earnings Call Transcript

Morguard North American Residential Real Estate Investment Trust (OTC:MNARF) Q3 2022 Results Conference Call October 27, 2022 3:00 PM ET Company Participants Paul Miatello - SVP Rai Sahi - Chairman an...

2 years ago - Seeking Alpha

Morguard North American Residential Real Estate Investment Trust (MNARF) CEO Rai Sahi on Q2 2022 Results - Earnings Call Transcript

Morguard North American Residential Real Estate Investment Trust (OTC:MNARF) Q2 2022 Earnings Conference Call July 28, 2022 3:00 PM ET Company Participants Paul Miatello - SVP Rai Sahi - Chairman and ...

2 years ago - Seeking Alpha

Morguard North American Residential Real Estate Investment Trust (MNARF) on Q1 2022 Results - Earnings Call Transcript

Morguard North American Residential Real Estate Investment Trust (OTC:MNARF) Q1 2022 Earnings Conference Call April 28, 2022 3:00 PM ET Company Participants Paul Miatello - Senior Vice President Chris...

3 years ago - Seeking Alpha

Morguard North American Residential Real Estate Investment Trust (MNARF) CEO Kuldip Rai Sahi on Q4 2021 Results - Earnings Call Transcript

Morguard North American Residential Real Estate Investment Trust (MNARF) CEO Kuldip Rai Sahi on Q4 2021 Results - Earnings Call Transcript

3 years ago - Seeking Alpha