Millrose Properties, Inc. (MRP)

NYSE: MRP · Real-Time Price · USD
28.17
-0.15 (-0.53%)
Jul 8, 2026, 3:23 PM EDT - Market open
Market Cap4.68B -0.9%
Revenue (ttm)712.69M +761.8%
Net Income462.94M
EPS2.79
Shares Out 166.05M
PE Ratio10.10
Forward PE8.92
Dividend$3.04 (10.79%)
Ex-Dividend DateJul 6, 2026
Volume416,333
Open28.25
Previous Close28.32
Day's Range27.94 - 28.35
52-Week Range26.30 - 36.00
Betan/a
AnalystsStrong Buy
Price Target37.60 (+33.48%)
Earnings DateJul 30, 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 Lewis 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 $37.6, which is an increase of 33.48% from the latest price.

Price Target
$37.6
(33.48% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

14 days ago - Business Wire

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...

2 months ago - Business Wire

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.

2 months ago - Transcripts

Millrose Properties Earnings release: Q1 2026

Millrose Properties released its Q1 2026 earnings on May 6, 2026, summarizing the period's financial results.

2 months ago - Filings

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.

2 months ago - Filings

Millrose Properties Quarterly report: Q1 2026

Millrose Properties has published its Q1 2026 quarterly earnings report on May 6, 2026.

2 months ago - Filings

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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.

3 months ago - Filings

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.

3 months ago - Filings

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
3 months 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 ...

3 months ago - Business Wire

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.

4 months ago - Filings

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.

4 months ago - Transcripts

Millrose Properties Annual report: Q4 2025

Millrose Properties has published its Q4 2025 annual report on February 26, 2026.

4 months ago - Filings

Millrose Properties Earnings release: Q4 2025

Millrose Properties released its Q4 2025 earnings on February 26, 2026, summarizing the period's financial results.

4 months ago - Filings

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.

4 months ago - Filings

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...

4 months 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...

5 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...

5 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.

6 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
7 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
7 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...

8 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...

8 months ago - PRNewsWire