Morguard Corporation (TSX:MRC)

Canada flag Canada · Delayed Price · Currency is CAD
117.51
-0.04 (-0.03%)
Aug 25, 2025, 3:59 PM EDT
-0.03%
Market Cap1.26B
Revenue (ttm)1.13B
Net Income (ttm)189.63M
Shares Out10.70M
EPS (ttm)17.63
PE Ratio6.67
Forward PE8.03
Dividend0.80 (0.68%)
Ex-Dividend DateSep 15, 2025
Volume843
Average Volume1,489
Open118.27
Previous Close117.55
Day's Range117.51 - 118.27
52-Week Range107.77 - 128.69
Beta0.91
RSI50.21
Earnings DateAug 1, 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]

Founded 2024
Country Canada
Stock Exchange Toronto Stock Exchange
Ticker Symbol MRC
Full Company Profile

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 Statements

News

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...

12 days ago - Benzinga

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...

19 days ago - Benzinga

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 "...

4 weeks ago - Benzinga

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...

4 weeks ago - Benzinga

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...

2 months ago - Benzinga

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...

2 months ago - Newsfile Corp

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...

2 months ago - Benzinga

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...

2 months ago - Benzinga

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 ...

3 months ago - Benzinga

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...

3 months ago - Benzinga

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...

3 months ago - Benzinga

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 "...

5 months ago - Benzinga

Morguard reports FY results

6 months ago - Seeking Alpha

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...

6 months ago - Benzinga

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...

9 months ago - Benzinga

Morguard reports Q3 results

10 months ago - Seeking Alpha

Morguard raises dividend by 33.3% to CAD 0.20

10 months ago - Seeking Alpha

Morguard Corporation Announces 2024 Third Quarter Results and an Increase to Regular Eligible Dividend

MISSISSAUGA, ON , Nov. 6, 2024 /CNW/ - Morguard Corporation ("Morguard" or the "Company") (TSX: MRC) is pleased to announce its financial results for the three and nine months ended September 30, 202...

10 months ago - Benzinga

Morguard breaks ground on a new purpose-built rental community in Mississauga at 725 Village Green Boulevard

Groundbreaking ceremony celebrated a milestone for Mississauga's Port Credit neighbourhood MISSISSAUGA, ON , Oct. 10, 2024 /CNW/ - Morguard Corporation ("Morguard") (TSX: MRC) officially launched the...

11 months ago - Benzinga

Morguard Acquires Partial Interest in Premier Class AAA Office Complex in Downtown Vancouver, British Columbia

Morguard completed the purchase of a 20 per cent freehold interest in Telus Garden located at 510 West Georgia and 541 Robson Street. MISSISSAUGA, ON , Oct. 9, 2024 /CNW/ - Morguard Corporation (TSX: ...

11 months ago - Benzinga

Morguard Corporation Announces Renewal of Normal Course Issuer Bid

MISSISSAUGA, ON , Sept. 18, 2024 /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...

1 year ago - Benzinga

Investor Confidence in Canada's Multi-Suite Residential and Industrial Sectors Continued in Q2 2024: Morguard

Investors continued to exhibit confidence in the multi-suite residential rental property sector in the second quarter. Industrial property sales increased substantially, which drove overall Canadian i...

1 year ago - Benzinga

Morguard reports Q2 results

1 year ago - Seeking Alpha