Millrose Properties, Inc. (MRP)
| Market Cap | 5.09B |
| Revenue (ttm) | 410.96M |
| Net Income (ttm) | 216.78M |
| Shares Out | 166.00M |
| EPS (ttm) | 1.30 |
| PE Ratio | 23.51 |
| Forward PE | 9.88 |
| Dividend | $2.92 (9.53%) |
| Ex-Dividend Date | Oct 3, 2025 |
| Volume | 4,066,108 |
| Open | 31.55 |
| Previous Close | 31.72 |
| Day's Range | 30.58 - 31.90 |
| 52-Week Range | 19.00 - 36.00 |
| Beta | n/a |
| Analysts | Strong Buy |
| Price Target | 37.38 (+21.96%) |
| Earnings Date | Oct 23, 2025 |
About MRP
Millrose purchases and develops residential land and sells finished homesites to homebuilders by way of option contracts with predetermined costs and takedown schedules. Millrose serves as a solution for homebuilders seeking to expand access to finished homesites while implementing an asset-light strategy. As fully developed homesites are sold by Millrose, capital is recycled into future land acquisitions for homebuilders, providing customers with durable access to community growth. [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 4 analysts, the average rating for MRP stock is "Strong Buy." The 12-month stock price target is $37.38, which is an increase of 21.96% from the latest price.
News
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...
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...
Trump's 50-Year Mortgage Idea Could Be A Big Gift To REITs
A proposed 50-year mortgage and other government subsidies could improve housing affordability. This could have a major impact on various REIT property sectors. I discuss which REITs would benefit the...
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...
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...
Top 5 High-Yielding REITs For Income Seekers
The market has flipped from greed to extreme fear within a month, as investors flee for safety over AI bubble fears, labor market woes, and the ongoing government shutdown. The S&P 500 reached extreme...
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...
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...
Millrose Properties: Book Value Remains A Likely Ceiling
Millrose Properties has outperformed since its Lennar spinoff, driven by strong demand from homebuilders seeking capital-light land options. MRP's Q3 results exceeded expectations, with robust FFO and...
Millrose Properties, Inc. (MRP) Q3 2025 Earnings Call Transcript
Millrose Properties, Inc. (NYSE:MRP) Q3 2025 Earnings Call October 23, 2025 10:00 AM EDT Company Participants Jesse Ross Darren Richman - CEO & President Robert Nitkin - Chief Operating Officer Adil ...
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...
Gilman Hill Adds $7.9 Million Millrose Stake — Bolstering Dividend Income Strategy
Gilman Hill Asset Management initiated a new position in Millrose Properties (MRP 1.75%) in the third quarter, buying up an estimated $7.9 million worth of shares.
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.
The State Of REITs: October 2025 Edition
After a strong August, REITs faded slightly in September (-0.73%), pulling the REIT sector's year-to-date average total return down to (-1.74%). Mid-cap REITs (-0.92%) averaged the lowest total return...
REITs Signal Their Self-Valuation With Capital Activity
REITs in 2025 have shown disciplined capital raising, issuing equity mainly when trading at premiums to NAV and capturing low-cost debt opportunistically. Welltower and CareTrust issued equity at sign...
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...
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...
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.
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...
Millrose Properties Announces Quarterly Dividend Payment
MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP, “Millrose”), the Homesite Option Purchase Platform for residential homebuilders, today announced that its Board of Directors has declared ...
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...
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...
Millrose Properties: An 8% Investment-Grade Dividend Yield From American Land Banking
Millrose Properties is paying out a substantial dividend yield of 8% following its spinoff from Lennar earlier this year. The REIT is trading at a small discount to its book value per share and is tar...