MCAN Mortgage Corporation (TSX: MKP)

Canada flag Canada · Delayed Price · Currency is CAD
16.05
+0.35 (2.23%)
May 17, 2024, 4:00 PM EDT
-1.11%
Market Cap 562.84M
Revenue (ttm) 154.15M
Net Income (ttm) 77.44M
Shares Out 37.87M
EPS (ttm) 2.20
PE Ratio 7.30
Forward PE 7.87
Dividend 1.54 (9.60%)
Ex-Dividend Date Jun 14, 2024
Volume 42,498
Open 15.89
Previous Close 15.70
Day's Range 15.84 - 16.05
52-Week Range 14.87 - 16.97
Beta 0.83
Analysts n/a
Price Target 18.00 (+12.15%)
Earnings Date Aug 6, 2024

About MCAN Mortgage

MCAN Mortgage Corporation operates as a loan and mortgage investment corporation in Canada. The company engages in the real estate lending and investing activities, including residential mortgage, residential construction, non-residential construction, and commercial loans, as well as portfolio of real estate investments trusts and private investment activities. It also provides term deposits through a network of independent financial agents. The company was formerly known as MCAP Inc. and changed its name to MCAN Mortgage Corporation in Septem... [Read more]

Sector Financials
Founded 1980
Country Canada
Stock Exchange Toronto Stock Exchange
Ticker Symbol MKP
Full Company Profile

Financial Performance

In 2023, MCAN Mortgage's revenue was 123.13 million, an increase of 39.24% compared to the previous year's 88.43 million. Earnings were 77.50 million, an increase of 40.00%.

Financial Statements

News

Mcan Mortgage reports Q1 results

Mcan Mortgage press release (OTCPK:MAMTF): Q1 net income of $23.2 million.

12 days ago - Seeking Alpha

MCAN FINANCIAL GROUP ANNOUNCES Q1 2024 RESULTS AND DECLARES $0.39 REGULAR CASH DIVIDEND

Uninsured residential mortgage portfolio reaches record $1 billion TORONTO , May 6, 2024 /CNW/ - MCAN Mortgage Corporation d/b/a MCAN Financial Group ("MCAN", the "Company" or "we") (TSX: MKP) reporte...

13 days ago - Benzinga

MCAN Financial Group Announces Closing of Overnight Marketed Offering

/NOT FOR DISTRIBUTION OR DISSEMINATION INTO THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/ TORONTO , March 28, 2024 /CNW/ - MCAN Mortgage Corporation d/b/a MCAN Financial Group (" MCAN ", the " ...

7 weeks ago - Benzinga

MCAN Financial Group Announces Pricing of Overnight Marketed Offering

/NOT FOR DISTRIBUTION OR DISSEMINATION INTO THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/ TORONTO , March 19, 2024 /CNW/ - MCAN Mortgage Corporation d/b/a MCAN Financial Group (" MCAN ", the " ...

2 months ago - Benzinga

MCAN Mortgage announces $20M equity raise

2 months ago - Seeking Alpha

MCAN Financial Group Announces Overnight Marketed Offering

/NOT FOR DISTRIBUTION OR DISSEMINATION INTO THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/ TORONTO , March 18, 2024 /CNW/ - MCAN Mortgage Corporation d/b/a MCAN Financial Group (" MCAN ", the " ...

2 months ago - Benzinga

MCAN Mortgage GAAP EPS of C$2.22

2 months ago - Seeking Alpha

MCAN FINANCIAL GROUP ANNOUNCES STRONG 2023 RESULTS AND INCREASES ITS REGULAR CASH DIVIDEND 5.4%

TORONTO , Feb. 26, 2024 /CNW/ - MCAN Mortgage Corporation d/b/a MCAN Financial Group ("MCAN", the "Company" or "we") (TSX: MKP) reported our highest annual net income in our history of $77.5 million ...

2 months ago - Benzinga

MCAN Financial Group Launches Digital GICs Through MCAN Wealth

TORONTO , Feb. 15, 2024 /CNW/ - MCAN Financial Group ("MCAN", the "Company" or "we") (TSX: MKP), a leading Canadian mortgage investment corporation, is thrilled to announce the launch of a new direct...

3 months ago - Benzinga

Mcan Mortgage GAAP EPS of C$0.53

Mcan Mortgage's press release reveals Q3 GAAP EPS of C$0.53, reflecting the company's financial performance and regular cash dividend declaration.

6 months ago - Seeking Alpha

Mcan Mortgage declares CAD 0.38 dividend

6 months ago - Seeking Alpha