Morguard Corporation (TSX:MRC)
Canada · Delayed Price · Currency is CAD | Market Cap | 1.24B |
| Revenue (ttm) | 1.13B |
| Net Income (ttm) | 189.63M |
| Shares Out | 10.68M |
| EPS (ttm) | 17.63 |
| PE Ratio | 6.60 |
| Forward PE | 7.95 |
| Dividend | 0.80 (0.69%) |
| Ex-Dividend Date | Sep 15, 2025 |
| Volume | 118 |
| Average Volume | 1,333 |
| Open | 116.00 |
| Previous Close | 116.29 |
| Day's Range | 116.00 - 116.00 |
| 52-Week Range | 107.77 - 126.57 |
| Beta | 0.83 |
| RSI | 48.62 |
| Earnings Date | Nov 3, 2025 |
About Morguard
Morguard Corporation, a real estate investment and management company, engages in property ownership, development, and investment advisory services in Canada and the United States. It operates in four segments: Multi-Suite Residential, Retail, Office, and Hotel. The company offers real estate management and advisory services, including acquisitions, development, dispositions, leasing, performance measurement, and asset and property management; and investment products across equity, fixed income, and balanced portfolios to institutional clients ... [Read more]
Financial Performance
In 2024, Morguard's revenue was 1.13 billion, a decrease of -8.30% compared to the previous year's 1.23 billion. Earnings were 261.80 million, an increase of 252.94%.
Financial StatementsNews
Morguard to issue $250M in senior unsecured debentures at 5.00%
Morguard issues $250M in Series I debentures at 5.00% interest, maturing 2028. Learn about the offering and its impact on corporate debt.
Morguard Corp. Announces C$250 Mln Series I Debenture Offering At 5% Interest
(RTTNews) - Morguard Corp. (MRC.TO) announced that it has agreed to issue C$250 million aggregate principal amount of series I senior unsecured debentures. These debentures will bear interest at a rat...
Morguard Announces $250 Million Offering of 5.00% Series I Senior Unsecured Debentures
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES / MISSISSAUGA, ON , Oct. 8, 2025 /CNW/ - Morguard Corporation ("Morguard") (TSX: MRC) announced today that it ha...
Morguard, CENGN and Nokia Launch Smart Building Living Labs to Support Canadian Technology Innovation
MISSISSAUGA, ON , Oct. 6, 2025 /CNW/ - Morguard Corporation ("Morguard"), in partnership with CENGN, Canada's Centre of Excellence in Next Generation Networks, and Nokia, announced the launch of three...
Morguard To Repurchase Up To 535,195 Shares Under New Normal Course Issuer Bid
(RTTNews) - Morguard Corp. (MRC.TO), a Canadian real estate company, announced on Wednesday that it plans to make a normal course issuer bid to repurchase up to 535,195 shares, or around 5% of its com...
Morguard Corporation Announces Renewal of Normal Course Issuer Bid
MISSISSAUGA, ON , Sept. 17, 2025 /CNW/ - Morguard Corporation (TSX: MRC) ("Morguard") announced today that the Toronto Stock Exchange (the "TSX") has accepted a notice filed by Morguard of its intent...
Investor Confidence Holds Steady in Canada's Multi-Suite Residential and Commercial Real Estate Markets in Q2 2025: Morguard
MISSISSAUGA, ON , Aug. 13, 2025 /CNW/ - Investor confidence in Canada's multi-suite residential rental properties remained strong in the second quarter with demand continuing to outpace supply. Indust...
Morguard Corporation Announces 2025 Second Quarter Results and Regular Eligible Dividend
MISSISSAUGA, ON , Aug. 6, 2025 /CNW/ - Morguard Corporation ("Morguard" or the "Company") (TSX: MRC) is pleased to announce its financial results for the three and six months ended June 30, 2025 . Op...
Morguard Corporation Increases Ownership Position in Morguard Real Estate Investment Trust
MISSISSAUGA, ON , July 24, 2025 /CNW/ - Morguard Corporation (" Morguard ") (TSX: MRC) announced that it acquired 1,364,062 trust units (the " Units ") of Morguard Real Estate Investment Trust (the "...
St. Laurent Shopping Centre Transforming the Retail Experience in Ottawa
OTTAWA, ON , July 24, 2025 /CNW/ - Morguard ("Morguard") (TSX: MRC) is excited to announce a series of revitalization efforts, new store openings, and digital enhancements at St. Laurent Shopping Cen...
Morguard Rings TSX Closing Bell to Commemorate 50 Years of Excellence
MISSISSAUGA, ON , June 24, 2025 /CNW/ - Morguard ("Morguard") (TSX: MRC) marked a major milestone in the company's history, closing the market at the Toronto Stock Exchange (TSX) in celebration of 50...
Morguard Corporation (MRC) Closes the Market
Toronto, Ontario--(Newsfile Corp. - June 20, 2025) - Angela Sahi, President and Chief Operating Officer, Morguard Corporation ("Morguard" or the "Company") (TSX: MRC), and her team, joined Dani Lipkin...
Trader Joe's Opens at The Square in Rockville
A Celebrated Brand Joins Morguard's Revitalized Community Destination MISSISSAUGA, ON , June 12, 2025 /CNW/ - Morguard Corporation ("Morguard") (TSX: MRC) and Morguard North American Residential Real...
Investor Demand Exceeded Acquisition Opportunities in Multi-Suite Residential Rental Property Market in Q1 2025: Morguard
MISSISSAUGA, ON , June 10, 2025 /CNW/ - Investors continued to exhibit strong interest in acquiring core-quality multi-suite residential rental property that were expected to generate attractive yield...
Morguard Corporation Announces Voting Results from the 2025 Annual Meeting of Shareholders
MISSISSAUGA, ON , May 9, 2025 /CNW/ - Morguard Corporation (the "Corporation") (TSX: MRC) today announced the results of matters voted on at its annual shareholders' meeting held on May 7, 2025 (the ...
Purpose and Performance: Morguard Releases 2024 ESG Report
New ESG Strategic Framework, Significant GHG Emission Reduction, and Award-Winning Decarbonization Projects Highlight a Milestone Year MISSISSAUGA, ON , May 8, 2025 /CNW/ - Morguard Corporation ("Morg...
Morguard Corporation Announces 2025 First Quarter Results and Regular Eligible Dividend
MISSISSAUGA, ON , May 6, 2025 /CNW/ - Morguard Corporation ("Morguard" or the "Company") (TSX: MRC) is pleased to announce its financial results for the three months ended March 31, 2025. Operational...
Morguard Corporation raises stake in Morguard REIT
Morguard Corporation Increases Ownership Position in Morguard Real Estate Investment Trust
MISSISSAUGA, ON , April 1, 2025 /CNW/ - Morguard Corporation (" Morguard ") (TSX: MRC) announced that it acquired 1,307,418 trust units (the " Units ") of Morguard Real Estate Investment Trust (the "...
Morguard reports FY results
Morguard Corporation Announces 2024 Results and Regular Eligible Dividend
MISSISSAUGA, ON , Feb. 20, 2025 /CNW/ - Morguard Corporation ("Morguard" or the "Company") (TSX: MRC) is pleased to announce its financial results for the year ended December 31, 2024. Operational an...
Morguard REIT targets 79% leasing commitment at Penn West Plaza in 2025 amid strategic tenant additions
Investor Confidence and Stable Growth Persist in the Multi-suite Residential Market in Q3 2024: Morguard
Investors remain confident in the multi-suite residential rental sector, a sentiment that was supported by attractive yields and a solid performance outlook. Industrial property investment sales activ...