Millrose Properties, Inc. (MRP)

NYSE: MRP · Real-Time Price · USD
23.76
+0.01 (0.04%)
Apr 16, 2025, 10:08 AM EDT - Market open
0.04%
Market Cap 3.94B
Revenue (ttm) n/a
Net Income (ttm) -246.22M
Shares Out 166.00M
EPS (ttm) n/a
PE Ratio n/a
Forward PE n/a
Dividend $0.38 (1.60%)
Ex-Dividend Date Apr 4, 2025
Volume 41,614
Open 23.72
Previous Close 23.75
Day's Range 23.72 - 23.72
52-Week Range 19.00 - 27.07
Beta n/a
Analysts Strong Buy
Price Target 27.50 (+15.74%)
Earnings Date May 18, 2025

About MRP

Millrose Properties is a Homesite Option Purchase Platform (“HOPP’R”), an evolution of residential land banking, accelerating homebuilders’ capital-efficient growth of controlled land positions. As a publicly traded Homesite Option Purchase Platform, Millrose provides investors with a unique residential real estate backed income-generating investment opportunity historically limited to institutional investors. [Read more]

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

Financial Performance

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for MRP stock is "Strong Buy." The 12-month stock price forecast is $27.5, which is an increase of 15.74% from the latest price.

Price Target
$27.5
(15.74% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Millrose Properties Is A Compelling Opportunity As Its Business Ramps

Millrose Properties shares surged 10% following its first quarterly dividend announcement and anticipated earnings run-rate, making it an attractive investment. MRP, spun out from Lennar, holds attrac...

27 days ago - Seeking Alpha

Millrose Properties Declares Inaugural Dividend and Provides 2025 Outlook

MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP, “Millrose”), the Homesite Option Purchase Platform (HOPP'R) for residential homebuilders, today announced a major milestone: its inaugural...

4 weeks ago - Business Wire

Millrose Properties Completes Acquisition of Rausch Coleman Homes Land Assets

MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP, “Millrose”), a “first-of-its-kind” Homesite Option Purchase Platform for residential homebuilders (HOPP'R), announced today that it has co...

2 months ago - Business Wire

Lennar Completes Acquisition of Rausch Coleman Homes

MIAMI , Feb. 10, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B, "Lennar") announced today the completion of the previously announced acquisition of Rausch Coleman Homes, a residential h...

2 months ago - PRNewsWire

Lennar Completes Spin-off of Millrose Properties

MIAMI , Feb. 7, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B, "Lennar"), one of the nation's leading homebuilders, and Millrose Properties, Inc. (NYSE: MRP, "Millrose"), a "first-of-it...

2 months ago - PRNewsWire

Millrose Properties Set to Join S&P SmallCap 600

NEW YORK , Feb. 5, 2025 /PRNewswire/ -- Millrose Properties Inc. (NYSE: MRP) will replace Ironwood Pharmaceuticals Inc. (NASD: IRWD) in the S&P SmallCap 600 effective prior to the opening of trading o...

Other symbols: LEN
2 months ago - PRNewsWire