Millrose Properties, Inc. (MRP)
| Market Cap | 4.69B +32.3% |
| Revenue (ttm) | 600.46M |
| Net Income | 404.82M |
| EPS | 2.44 |
| Shares Out | 166.00M |
| PE Ratio | 11.60 |
| Forward PE | 9.00 |
| Dividend | $3.04 (10.75%) |
| Ex-Dividend Date | Apr 2, 2026 |
| Volume | 819,426 |
| Open | 28.69 |
| Previous Close | 28.84 |
| Day's Range | 28.20 - 28.84 |
| 52-Week Range | 21.64 - 36.00 |
| Beta | n/a |
| Analysts | Strong Buy |
| Price Target | 37.38 (+32.18%) |
| Earnings Date | May 18, 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 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 32.18% from the latest price.
News
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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...
The State Of REITs: March 2026 Edition
After a solid January performance, the REIT sector recovery gained steam in February with a stronger +3.70% return. Large cap REITs (+5.80%) led the REIT sector in February with strong gains from mid ...
Millrose Properties, Inc. (MRP) Q4 2025 Earnings Call Transcript
Millrose Properties, Inc. (MRP) Q4 2025 Earnings Call Transcript
Millrose Properties: An Attractive 9+% Yield As Portfolio Ramps Up
Millrose Properties remains a "Buy" with a 9.7% dividend yield and a business model insulated from home price volatility. MRP's portfolio yield is rising, driven by non-Lennar deals at 11%, with run-r...
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...
The State Of REITs: February 2026 Edition
The REIT sector rebounded from a rough 2025 (-3.57%) by starting off 2026 in the black (+1.09%). Small-cap REITs (+3.27%) outperformed in January, followed by solid gains from mid-caps (+2.65%) and la...
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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...
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...
Millrose Properties: Lennar Fears Create Opportunity (Upgrade)
Millrose Properties is upgraded to 'buy' after a 10% pullback and a 2.7% dividend increase, offering a 10.3% yield. MRP's revenues remain resilient despite Lennar's margin pressures, with contractual ...
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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...
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...
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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 ...