Millrose Properties, Inc. (MRP)
| Market Cap | 4.59B +7.3% |
| Revenue (ttm) | 712.69M +761.8% |
| Net Income | 462.94M |
| EPS | 2.79 |
| Shares Out | 166.05M |
| PE Ratio | 9.92 |
| Forward PE | 8.76 |
| Dividend | $3.04 (10.99%) |
| Ex-Dividend Date | Apr 2, 2026 |
| Volume | 1,887,497 |
| Open | 26.84 |
| Previous Close | 26.65 |
| Day's Range | 26.70 - 27.76 |
| 52-Week Range | 26.30 - 36.00 |
| Beta | n/a |
| Analysts | Strong Buy |
| Price Target | 37.60 (+35.94%) |
| Earnings Date | May 6, 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]
Financial Performance
Financial StatementsAnalyst Summary
According to 5 analysts, the average rating for MRP stock is "Strong Buy." The 12-month stock price target is $37.6, which is an increase of 35.94% from the latest price.
News
Millrose Properties Q1 Earnings Call Highlights
Millrose Properties NYSE: MRP reported first-quarter 2026 results that management said were in line with expectations, citing recurring contractual income, disciplined capital deployment and continued...
Millrose to provide land banking capital for Dream Finders’ proposed acquisition
Millrose Properties (MRP) announced its intent to provide land banking capital to support Dream Finders Homes’ (DFH) proposed acquisition of Beazer Homes (BZH). Upon completion of the acquisition, Mil...
Millrose Properties Announces Land Banking Capital Support for Dream Finders Homes' Proposed Acquisition of Beazer Homes
MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP, “Millrose” or the “Company”) today announced its intent to provide land banking capital to support Dream Finders Homes' proposed acquisiti...
Millrose Properties reports Q1 AFFO 76c vs 39c last year
Reports Q1 revenue $194.93M, consensus $200.9M. “We began 2026 with solid first quarter results, reflecting consistent execution of our strategy,” said Darren Richman, Chief Executive Officer and Pres...
Millrose Properties sees FY26 AFFO growth roughly 10% y/y
The Company is reaffirming its previously issued guidance from its fourth quarter and full year 2025 earnings call. First quarter results and pipeline activity remain consistent with these expectation...
Millrose Properties Earnings Call Transcript: Q1 2026
Q1 2026 saw strong recurring earnings, expanded builder relationships, and disciplined capital deployment. AFFO and net income rose, with robust liquidity and a deep pipeline supporting continued growth. Industry trends toward capital efficiency and asset-light models are accelerating demand.
Millrose Properties Earnings release: Q1 2026
Millrose Properties released its Q1 2026 earnings on May 6, 2026, summarizing the period's financial results.
Millrose Properties Slides: Q1 2026
Millrose Properties has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 6, 2026.
Millrose Properties Quarterly report: Q1 2026
Millrose Properties has published its Q1 2026 quarterly earnings report on May 6, 2026.
Millrose Properties Reports First Quarter 2026 Financial Results
MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP, “Millrose” or the “Company”), the homesite option platform for residential homebuilders, today announced its financial results for the fir...
Millrose Properties Announces Date of First Quarter 2026 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...
Millrose Properties Proxy statement: Proxy filing
Millrose Properties filed a proxy statement on April 2, 2026, providing details for shareholder voting and corporate governance matters.
Millrose Properties Proxy statement: Proxy filing
Millrose Properties filed a proxy statement on April 2, 2026, providing details for shareholder voting and corporate governance matters.
Millrose Properties files automatic mixed securities shelf
16:12 EDT Millrose Properties (MRP) files automatic mixed securities shelf
REITs Have Been Rocked, These 4 Now Pay Up To 14.6%
Oil is up, and everything else is down. Stocks. Bonds.
Millrose amends credit agreement, expands to $1.835B unsecured facility
Millrose Properties (MRP) announced the closing of an amendment to its credit facility with JPMorgan Chase Bank, N.A. serving as administrative agent, adding a new $500M term loan to expand…
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 ...
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...
Millrose Properties Slides: Investor presentation
Millrose Properties has posted slides in relation to its latest quarterly earnings report, which was published on February 27, 2026.
Millrose Properties Earnings Call Transcript: Q4 2025
Delivered strong Q4 and full-year 2025 results, exceeding guidance and scaling to 142,000 homesites across 30 states. AFFO and dividend growth were driven by robust builder demand, disciplined capital deployment, and a conservative leverage policy, with a positive 2026 outlook.
Millrose Properties Annual report: Q4 2025
Millrose Properties has published its Q4 2025 annual report on February 26, 2026.
Millrose Properties Earnings release: Q4 2025
Millrose Properties released its Q4 2025 earnings on February 26, 2026, summarizing the period's financial results.
Millrose Properties Slides: Q4 2025
Millrose Properties has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on February 26, 2026.
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...
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...