Morguard Corporation (TSX: MRC)
Canada
· Delayed Price · Currency is CAD | Market Cap | 1.25B |
| Revenue (ttm) | 1.15B |
| Net Income (ttm) | 198.36M |
| Shares Out | 10.81M |
| EPS (ttm) | 18.34 |
| PE Ratio | 6.31 |
| Forward PE | 5.14 |
| Dividend | 0.80 (0.68%) |
| Ex-Dividend Date | Dec 16, 2024 |
| Volume | 3,004 |
| Open | 118.38 |
| Previous Close | 118.38 |
| Day's Range | 115.77 - 118.38 |
| 52-Week Range | 102.00 - 128.69 |
| Beta | 1.18 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Nov 1, 2024 |
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 2023, Morguard's revenue was 1.23 billion, an increase of 7.95% compared to the previous year's 1.14 billion. Earnings were 74.18 million, a decrease of -39.58%.
Financial StatementsNews
Morguard reports Q3 results
Morguard raises dividend by 33.3% to CAD 0.20
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...
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...
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: ...
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...
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...
Morguard reports Q2 results
Morguard Corporation Announces 2024 Second Quarter Results and Regular Eligible Dividend
MISSISSAUGA, ON , Aug. 7, 2024 /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, 2024 . Op...
Canada's Commercial Real Estate Exhibited Resilience in Q1 2024: Morguard
Investors maintained confidence in Canada's multi-suite residential rental property as the sector continued to be a popular acquisition target. Owner/users were drivers of industrial property sales in...
Morguard Corporation Announces Voting Results from the 2024 Annual Meeting of Shareholders
MISSISSAUGA, ON , May 10, 2024 /CNW/ - Morguard Corporation (the "Corporation") (TSX: MRC) today announced the results of matters voted on at its annual shareholders' meeting held on May 8, 2024 (the...
Performance with Positive Impacts: Morguard Releases 2023 ESG Report
Morguard maintains its commitment to reduce environmental impacts and support communities where we live and work. MISSISSAUGA, ON , May 9, 2024 /CNW/ - Morguard Corporation ("Morguard") (TSX: MRC) to...
Morguard Corporation Announces 2024 First Quarter Results and Regular Eligible Dividend
MISSISSAUGA, ON , May 7, 2024 /CNW/ - Morguard Corporation ("Morguard" or the "Company") (TSX: MRC) is pleased to announce its financial results for the three months ended March 31, 2024 . Reporting ...
Morguard Launches CHECK-IN! Initiative in Partnership with Kids Help Phone
A series of engaging events from Morguard will promote awareness of youth mental health and wellness issues across Canada MISSISSAUGA, ON , May 3, 2024 /CNW/ - Morguard Corporation ("Morguard") (TSX: ...
Morguard Corporation Announces Appointment of Angela Sahi as President and Chief Operating Officer
MISSISSAUGA, ON , March 26, 2024 /CNW/ - Morguard Corporation (TSX: MRC) is pleased to announce that Angela Sahi , CPA, has been appointed as its President and Chief Operating Officer, effective imme...
U.S. Multi-Suite Residential Rental Market Activity Expected to Increase in the Second Half of 2024: Morguard
MISSISSAUGA, ON , March 18, 2024 /CNW/ - Morguard Corporation ("Morguard") (TSX: MRC) today released its 2024 U.S. National Economic Outlook and Multi-Suite Residential Rental Market Fundamentals Rep...
Morguard Announces the Sale of 181 Queen Street in Ottawa
MISSISSAUGA, ON , March 7, 2024 /CNW/ - Morguard Corporation ("Morguard") (TSX: MRC) today announced the sale of 181 Queen Street in Ottawa to Public Works and Government Services ("Purchaser"). The ...
G2S2 CAPITAL INC. ANNOUNCES INCREASED INVESTMENT IN MORGUARD REAL ESTATE INVESTMENT TRUST
HALIFAX, NS , Feb. 23, 2024 /CNW/ - G2S2 Capital Inc. ("G2S2") announces that its wholly owned subsidiary has acquired ownership of, and control over, an additional 152,900 trust units ("Units") of Mo...
Morguard declares $0.15 dividend
Morguard says total revenue during the year ended Dec 31 was C$1.2B
Morguard Corporation Announces 2023 Results and Regular Eligible Dividend
MISSISSAUGA, ON , Feb. 22, 2024 /CNW/ - Morguard Corporation ("Morguard" or the "Company") (TSX: MRC) is pleased to announce its financial results for the year ended December 31, 2023 . Reporting Hig...
Morguard North American Residential REIT Announces 2023 Results
MISSISSAUGA, ON , Feb. 13, 2024 /CNW/ - Morguard North American Residential REIT (the "REIT") (TSX: MRG) today announced its financial results for the year ended December 31, 2023 . Highlights The RE...
Canadian Commercial Real Estate Market Outlook Remained Steady in Q4 2023: Morguard
Canadian multi-suite residential rental property rent growth moderated during the fourth quarter. Supply constraints eased slightly in the industrial leasing market due to a wave of new supply and dem...
Morguard Completes $410 Million Sale of Hotel Portfolio
MISSISSAUGA, ON , Jan. 19, 2024 /CNW/ - Morguard Corporation ("Morguard") (TSX: MRC) announced today the successful completion of its previously announced sale of a portfolio of 14 high-quality hotel...
Morguard Announces Strategic Sale of Hotel Portfolio
The transaction marks a significant milestone for Morguard's portfolio optimization. MISSISSAUGA, ON , Jan. 8, 2024 /CNW/ - Morguard Corporation ("Morguard") (TSX: MRC) announced today an uncondition...