Morguard North American Residential Real Estate Investment Trust (MNARF)
| Market Cap | 371.79M -12.8% |
| Revenue (ttm) | 251.45M -0.7% |
| Net Income | 79.50M -8.8% |
| EPS | 2.29 -8.4% |
| Shares Out | n/a |
| PE Ratio | 4.45 |
| Forward PE | 2.74 |
| Dividend | 0.57 (5.58%) |
| Ex-Dividend Date | Oct 30, 2026 |
| Volume | 1,010 |
| Open | 10.20 |
| Previous Close | 10.32 |
| Day's Range | 10.20 - 10.20 |
| 52-Week Range | 10.20 - 14.00 |
| Beta | 0.93 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Oct 27, 2026 |
About MNARF
Morguard North American Residential Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust which owns, through a limited partnership, interests in Canadian residential apartment communities, located in Alberta and Ontario, and U.S. residential apartment communities located in Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia and Maryland with an appraised value of approximately 4.4 billion dollars at September 30, 2026. Morguard North American Residential Real Estate Investment ... [Read more]
Financial Performance
In 2025, MNARF's revenue was 360.42 million, an increase of 3.23% compared to the previous year's 349.15 million. Earnings were 102.97 million, an increase of 1.09%.
Financial numbers in CAD Financial StatementsNews
What Morguard North American Residential Real Estate Investment Trust (MRG.UN) Said on Its Q3 Earnings Call
Morguard North American Residential Real Estate Investment Trust TSE: MRG.UN reported higher third-quarter net income, supported primarily by fair value gains on its income-producing properties, while...
Morguard North American price target lowered to C$17 from C$19 at RBC Capital
RBC Capital lowered the firm’s price target on Morguard North American (MNARF) to C$17 from C$19 and keeps a Sector Perform rating on the shares.
Morguard North American price target lowered to C$18 from C$22 at CIBC
CIBC lowered the firm’s price target on Morguard North American (MNARF) to C$18 from C$22 and keeps an Outperformer rating on the shares.
Morguard North American Residential Real Estate Investment Trust Earnings Call Transcript: Q3 2026
Q3 net income rose on fair value gains, while NOI and FFO declined amid vacancy and higher costs. Occupancy and financing conditions remain key considerations; annual distributions increased 2.5%, and a major Canadian portfolio acquisition advanced pending approvals.
Morguard North American Residential Real Estate Investment Trust Earnings release: Q3 2026
Morguard North American Residential Real Estate Investment Trust released its Q3 2026 earnings on October 29, 2026, summarizing the period's financial results.
Morguard North American Residential Real Estate Investment Trust Report: Q3 2026
Morguard North American Residential Real Estate Investment Trust published a report on October 29, 2026 containing material business information for investors and shareholders.
Morguard North American Residential Real Estate Investment Trust MD&A: Q3 2026
Morguard North American Residential Real Estate Investment Trust filed a regulatory document on October 29, 2026 disclosing important business information.
Morguard North American Residential Real Estate Investment Trust Q2 Earnings Call Highlights
Morguard North American Residential Real Estate Investment Trust TSE: MRG.UN reported lower second-quarter net income and funds from operations as higher vacancy, operating costs and interest expense ...
Morguard North American price target raised to C$24 from C$23 at TD Securities
TD Securities analyst Jonathan Kelcher raised the firm’s price target on Morguard North American (MNARF) to C$24 from C$23 and keeps a Buy rating on the shares. Published first on…
Morguard North American Residential Real Estate Investment Trust Earnings Call Transcript: Q2 2026
Q2 2026 saw lower net income and NOI due to higher vacancies and operating costs, but average rents rose in both Canada and the U.S. Occupancy is expected to stabilize, with incentives trending down and leasing activity improving. Leverage remains conservative, and liquidity is strong.
Morguard North American Residential Real Estate Investment Trust Earnings release: Q2 2026
Morguard North American Residential Real Estate Investment Trust released its Q2 2026 earnings on July 30, 2026, summarizing the period's financial results.
Morguard North American Residential Real Estate Investment Trust Report: Q2 2026
Morguard North American Residential Real Estate Investment Trust published a report on July 30, 2026 containing material business information for investors and shareholders.
Morguard North American Residential Real Estate Investment Trust MD&A: Q2 2026
Morguard North American Residential Real Estate Investment Trust filed a regulatory document on July 30, 2026 disclosing important business information.
Morguard North American Residential Real Estate Investment Trust Earnings Call Transcript: Q1 2026
Q1 2026 saw stable net income and NOI, but FFO declined 7.6% year-over-year amid higher vacancies and FX headwinds. Canadian and U.S. AMR rose, though occupancy fell in both regions. A major CAD 1B portfolio acquisition is progressing, with closing expected in H2 2026.
Morguard North American Residential Real Estate Investment Trust Earnings release: Q1 2026
Morguard North American Residential Real Estate Investment Trust released its Q1 2026 earnings on May 1, 2026, summarizing the period's financial results.
Morguard North American Residential Real Estate Investment Trust Report: Q1 2026
Morguard North American Residential Real Estate Investment Trust published a report on May 1, 2026 containing material business information for investors and shareholders.
Morguard North American Residential Real Estate Investment Trust MD&A: Q1 2026
Morguard North American Residential Real Estate Investment Trust filed a regulatory document on May 1, 2026 disclosing important business information.
Morguard North American price target lowered to C$20 from C$21 at RBC Capital
RBC Capital lowered the firm’s price target on Morguard North American (MNARF) to C$20 from C$21 and keeps a Sector Perform rating on the shares.
Morguard North American price target lowered to C$23 from C$24 at TD Securities
TD Securities lowered the firm’s price target on Morguard North American (MNARF) to C$23 from C$24 and keeps a Buy rating on the shares.