Morguard North American Residential Real Estate Investment Trust (TSX: MRG.UN)

Market Cap	670.11M
Revenue (ttm)	347.06M
Net Income (ttm)	78.38M
Shares Out	36.46M
EPS (ttm)	2.14
PE Ratio	8.59
Forward PE	10.49
Dividend	0.74 (4.03%)
Ex-Dividend Date	Nov 29, 2024

Volume	13,245
Open	18.55
Previous Close	18.52
Day's Range	18.31 - 18.55
52-Week Range	13.08 - 19.53
Beta	1.21
Analysts	n/a
Price Target	n/a
Earnings Date	Oct 25, 2024

About MRG.UN

The REIT is an unincorporated, open-ended real estate investment trust established under and governed by the laws of the Province of Ontario. The Units of the REIT trade on the Toronto Stock Exchange under the ticker symbol MRG.UN. With a strategic focus on the acquisition of high-quality multi-suite residential properties in Canada and the United States, the REIT maximizes long-term Unit value through active asset and property management. The REIT's portfolio is comprised of 13,089 residential suites and 229,500 square feet of commercial area ...

• Industry: REIT - Residential
• Sector: Real Estate
• Founded: 2012
• Employees: 1,300
• Stock Exchange: Toronto Stock Exchange
• Ticker Symbol: MRG.UN

Financial Performance

In 2023, MRG.UN's revenue was 336.76 million, an increase of 18.44% compared to the previous year's 284.34 million. Earnings were 176.34 million, a decrease of -19.58%.