Millrose Properties, Inc. (MRP)

NYSE: MRP · Real-Time Price · USD
25.81
-0.03 (-0.12%)
May 6, 2025, 4:00 PM EDT - Market closed
-0.12%
Market Cap 4.28B
Revenue (ttm) n/a
Net Income (ttm) -246.22M
Shares Out 166.00M
EPS (ttm) n/a
PE Ratio n/a
Forward PE 10.78
Dividend $0.38 (1.47%)
Ex-Dividend Date Apr 4, 2025
Volume 537,627
Open 25.66
Previous Close 25.84
Day's Range 25.63 - 25.84
52-Week Range 19.00 - 27.07
Beta n/a
Analysts Strong Buy
Price Target 27.50 (+6.55%)
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 6.55% from the latest price.

Price Target
$27.5
(6.55% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Millrose Properties Announces Date of First 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...

7 days ago - Business Wire

Baron Real Estate Fund Q1 2025 Top Contributors And Detractors

Welltower Inc. outperformed due to its strong senior housing portfolio, cyclical and secular growth prospects, and strategic acquisition of Amica. American Tower Corporation showed solid performance d...

Other symbols: AMTBXCSGPDLREQIXGDSH
7 days ago - Seeking Alpha

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...

6 weeks 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...

7 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...

3 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...

3 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...

3 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
3 months ago - PRNewsWire