Millrose Properties rises after raising 2025 deal funding forecast

Millrose Properties

14/05/2025 14:48

** Millrose Properties MRP.N shares rise 5% to $28

** Co raise 2025 deal funding forecast to $1.5 bln from $1 bln, driven by heightened demand

** MRP also raise year-end EPS run-rate expectation to 69-71 cents

     ** Co posts Q1 EPS of 39 cents

     ** Two brokerages covering the stock rates 'buy' or higher, their median PT is $29- as per LSEG data

     ** Including session moves shares are up 27.1% YTD

(Reporting by Apratim Sarkar)

((Apratim.Sarkar@thomsonreuters.com))