Millrose Properties, Inc. (MRP)

NYSE: MRP · Real-Time Price · USD
29.92
+1.08 (3.74%)
Apr 9, 2026, 4:00 PM EDT - Market closed
Market Cap4.97B +14.2%
Revenue (ttm)600.46M
Net Income404.82M
EPS2.44
Shares Out 166.00M
PE Ratio12.27
Forward PE9.52
Dividend$3.04 (10.16%)
Ex-Dividend DateApr 2, 2026
Volume1,259,332
Open28.79
Previous Close28.84
Day's Range28.74 - 30.12
52-Week Range21.64 - 36.00
Betan/a
AnalystsStrong Buy
Price Target37.90 (+26.67%)
Earnings DateMay 18, 2026

About MRP

Millrose Properties, Inc. is the premier homesite option platform for residential homebuilders. The company specializes in the acquisition and horizontal development of land to provide a predictable, just-in-time supply of finished homesites – the scarcest and mission-critical resource in the homebuilding industry. Unlike traditional land bankers, Millrose utilizes a proprietary technology platform that provides real-time feedback and data analytics to drive acquisition decisions. Every transaction in the Millrose portfolio undergoes rigorous i... [Read more]

CEO Darren Richman
Country United States
Stock Exchange NYSE
Ticker Symbol MRP
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to 5 analysts, the average rating for MRP stock is "Strong Buy." The 12-month stock price target is $37.9, which is an increase of 26.67% from the latest price.

Price Target
$37.9
(26.67% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

REITs Have Been Rocked, These 4 Now Pay Up To 14.6%

Oil is up, and everything else is down. Stocks. Bonds.

Other symbols: IIPRMFASBRA
12 days ago - Forbes

Millrose Properties Amends Credit Agreement, Expanding to a $1.835 Billon Unsecured Facility With the Addition of a $500 Million Term Loan Commitment

MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP, "Millrose"), the leading homesite option platform for residential homebuilders, today announced the closing of an amendment to its credit ...

13 days ago - Business Wire

Millrose Properties Announces Quarterly Dividend Payment

MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP, “Millrose”), the homesite option platform for residential homebuilders, today announced that its Board of Directors has declared a quarter...

17 days ago - Business Wire

Millrose Properties Reports Strong Fourth Quarter and Full Year 2025 Financial Results

MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP, "Millrose" or the "Company"), the Homesite Option Purchase Platform for residential homebuilders, today announced financial results for th...

6 weeks ago - Business Wire

Millrose Properties Announces Date of Fourth Quarter and Full Year 2025 Earnings Release and Conference Call

MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP, “Millrose”), the Homesite Option Purchase Platform for residential homebuilders, today announced that it will release its financial result...

2 months ago - Business Wire

Millrose Properties Announces Tax Treatment of 2025 Dividends

MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP, “Millrose” or the “Company”), the Homesite Option Purchase Platform for residential homebuilders, today announced the final income allocat...

2 months ago - Business Wire

These under-the-radar stocks combine fast growth with big upside potential

The companies are projected to grow sales rapidly through 2027, and many of the stocks are expected to show double-digit increases this year.

3 months ago - Market Watch

Final Trades: Melrose, Exxon, Semis and the INDA

The Investment Committee give you their top stocks to watch for the second half.

Other symbols: INDAXOMSMH
3 months ago - CNBC Television

Millrose Properties, Inc. Comments on Completion of Lennar Exchange Offer

MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP) ("Millrose" or the "Company") today issued the following statement in connection with the completion of Lennar Corporation's (NYSE: LEN an...

Other symbols: LEN
4 months ago - Business Wire

Lennar Announces Final Results of Exchange Offer

MIAMI , Nov. 26, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B) ("Lennar") announced today the final results of its previously announced offer to exchange up to 33,298,764 shares of Mil...

4 months ago - PRNewsWire

Lennar Announces Preliminary Results of Exchange Offer

MIAMI , Nov. 24, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B) ("Lennar") announced today that, based on preliminary results, its previously announced offer to exchange up to 33,298,76...

4 months ago - PRNewsWire

Lennar Announces Final Exchange Ratio of 4.1367 in Exchange Offer

MIAMI , Nov. 20, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B) ("Lennar") announced today a final exchange ratio of 4.1367 (the "Final Exchange Ratio") for its previously announced off...

5 months ago - PRNewsWire

Lennar Confirms Expiration Date of Exchange Offer

Expects Registration Statement to be Effective by Expiration Date MIAMI , Nov. 18, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B) ("Lennar") confirmed today that in view of the reopenin...

5 months ago - PRNewsWire

Lennar Announces Further Extension of Expiration Date of Exchange Offer

MIAMI , Nov. 7, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B) ("Lennar") announced today that in view of the continuation of the government shutdown, during which the Securities and Ex...

5 months ago - PRNewsWire

Lennar Announces Extension of Expiration Date of Exchange Offer

MIAMI , Oct. 31, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B) ("Lennar") announced today that as a result of the ongoing U.S. federal government shutdown, it is extending the expirati...

5 months ago - PRNewsWire

Millrose Properties Reports Robust Third Quarter 2025 Financial Results

MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP, “Millrose” or the “Company”), the Homesite Option Purchase Platform for residential homebuilders, today announced its financial results fo...

6 months ago - Business Wire

This REIT Offers 9% Yield, Potential Gains, as Land Bank to Homebuilders

Millrose Properties looks poised to deliver nice returns for investors after a successful spinoff from Lennar earlier this year.

6 months ago - Barrons

Lennar Launches Exchange Offer of Millrose Stock for Lennar Stock

MIAMI , Oct. 10, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B) ("Lennar"), one of the nation's leading homebuilders, announced today its offer to exchange the approximately 20% it owns...

6 months ago - PRNewsWire

Millrose Properties, Inc. Provides Preliminary, Unaudited Third Quarter 2025 Results and Business Update

MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP) (“Millrose” or the “Company”), based on information available as of October 9, 2025, is providing preliminary, unaudited results for the t...

6 months ago - Business Wire

Trade Tracker: Jenny Harrington buys Millrose Properties and Kimberly-Clark

Jenny Harrington, CEO at Gilman Hill Asset Management, joins CNBC's "Halftime Report" to detail her latest buys.

Other symbols: KMB
6 months ago - CNBC Television

Millrose Properties Announces Date of Third Quarter 2025 Earnings Release and Conference Call

MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP, “Millrose”), the Homesite Option Purchase Platform for residential homebuilders, today announced that it will release its financial result...

6 months ago - Business Wire

Millrose Properties, Inc. Announces Pricing of Upsized $750 Million Senior Notes Offering

MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP) (“Millrose” or the “Company”) announced today the pricing of its private offering (the “Offering”) of $750 million aggregate principal amo...

7 months ago - Business Wire

Millrose Properties, Inc. Announces Launch of $500 Million Senior Notes Offering

MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP) (“Millrose” or the “Company”) announced today that it plans to offer (the “Offering”) up to $500 million aggregate principal amount of sen...

7 months ago - Business Wire

Millrose Properties, Inc. Announces Pricing of Upsized $1.25 Billion Senior Notes Offering

MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP) (“Millrose” or the “Company”) announced today the pricing of its private offering (the “Offering”) of $1.25 billion aggregate principal am...

8 months ago - Business Wire

Millrose Properties, Inc. Announces Launch of $1.0 Billion Senior Notes Offering

MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP) (“Millrose” or the “Company”) announced today that it plans to offer (the “Offering”) up to $1.0 billion aggregate principal amount of sen...

8 months ago - Business Wire