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MRC - Morguard Share Price

C$100.99 -4.0  -3.8%

Last Trade - 8:45pm

Sector
Financials
Size
Mid Cap
Market Cap £687.6m
Enterprise Value £4.74bn
Revenue £665.8m
Position in Universe 226th / 2679
Bullish
Bearish
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Momentum
Relative Strength (%)
1m -8.64%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -51.8%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
566.3 883.6 922 1,114 1,175 1,193 1,037 1,088 +16.1%
-45.5 -44.2 +116.6 +46.6 +44.1 -39.3
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the six months ended 30 June 2020, Morguard Corp revenues decreased 10% to C$533.2M. Net loss totaled C$32M vs. income of C$103.2M. Revenues reflect Hotel segment decrease of 52% to C$56.6M, FFO per Share (Basic) decrease of 52% to C$2.49, FFO per Share (Diluted) decrease of 52% to C$2.49. Net loss reflects Net fair value (loss) gain increase from C$30.3M (income) to C$211.3M (expense). Dividend per share remained flat at C$0.30.
Health Trend(F-Score)
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Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

MRC Dividend Yield Range Unlock MRC Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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Net Profit
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EPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
MRC EPS Forecasts Unlock MRC Revenue
Profile Summary

Morguard Corp is a Canada-based real estate investment company. The Company is engaged in the acquisition, development and ownership of commercial, multi-unit residential and hotel real estate properties. It is also a real estate investment advisors and a management company. The Company and its subsidiaries, including Morguard Residential REIT and Morguard REIT, own a portfolio of over 175 multi-unit residential, retail, office, industrial and hotel properties located in Canada and the United States. The Company's multi-suite residential portfolio consists of over 20 Canadian properties and over 30 United States properties. The Company, through its wholly owned subsidiary, Morguard Investments Limited, provides real estate management services to Canadian institutional investors. The Company's services, include acquisitions, development, dispositions, leasing, performance measurement, as well as asset and property management.

Directors
Last Annual December 31st, 2019
Last Interim June 30th, 2020
Incorporated April 17, 2012
Public Since April 15, 2004
No. of Shareholders: n/a
No. of Employees: 1,000
Sector Financials
Industry Real Estate Operations
Index
Exchange Toronto Stock Exchange
Shares in Issue 11,156,253
Free Float (0.0%)
Eligible for
ISAs
SIPPs
MRC Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for MRC
Upcoming Events for MRC
Wednesday 4th November, 2020 Estimate
Q3 2020 Morguard Corp Earnings Release
Thursday 18th February, 2021 Estimate
Q4 2020 Morguard Corp Earnings Release
Frequently Asked Questions for Morguard
What is the Morguard share price?

As of 8:45pm, shares in Morguard are trading at C$100.99, giving the company a market capitalisation of £687.6m. This share price information is delayed by 15 minutes.

How has the Morguard share price performed this year?

Shares in Morguard are currently trading at C$100.99 and the price has moved by -48.28% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Morguard price has moved by -45.1% over the past year.

What are the analyst and broker recommendations for Morguard?

Of the analysts with advisory recommendations for Morguard, there are there are currently 0 "buy" , 1 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Morguard is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will Morguard next release its financial results?

Morguard is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-06-30
What is the Morguard dividend yield?

The Morguard dividend yield is 0.57% based on the trailing twelve month period.

Does Morguard pay a dividend?

Last year, Morguard paid a total dividend of 0.6, and it currently has a trailing dividend yield of 0.57%. Looking ahead, Morguard has not announced an ex-dividend date yet and the next dividend pay date is 2020-09-30.

When does Morguard next pay dividends?

Morguard has yet to annouce their ex-dividend date and the next dividend pay date is 2020-09-30. The historic dividend yield on Morguard shares is currently 0.57%.

How do I buy Morguard shares?

To buy shares in Morguard you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Morguard?

Shares in Morguard are currently trading at C$100.99, giving the company a market capitalisation of £687.6m.

Where are Morguard shares listed? Where are Morguard shares listed?

Here are the trading details for Morguard:

Country of listing: Canada
Exchange: TOR
Ticker Symbol: MRC
What kind of share is Morguard?

Based on an overall assessment of its quality, value and momentum, Morguard is currently classified as a Contrarian. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Morguard share price forecast 2020?

Shares in Morguard are currently priced at C$100.99. At that level they are trading at 78.57% discount to the analyst consensus target price of 0.00.

Analysts covering Morguard currently have a consensus Earnings Per Share (EPS) forecast of -8.855 for the next financial year.

How can I tell whether the Morguard share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Morguard. Over the past six months, the relative strength of its shares against the market has been -31.31%. At the current price of C$100.99, shares in Morguard are trading at -30.97% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Morguard PE Ratio?

The Morguard PE ratio based on its reported earnings over the past 12 months is 14.27. The shares are currently trading at C$100.99.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Morguard?

Morguard's management team is headed by:

David King - DRC
Kuldip Sahi - CHM
Beverley Flynn - SVP
Paul Miatello - CFO
Bruce Robertson - LED
Robert McFarlane - VPR
Robert Wright - VPR
Michael Robb - IND
Chris Cahill - IND
Brian Athey - VBD
Angela Sahi - SVP
Graeme Eadie - IND
David Wratt - SVP
Who are the major shareholders of Morguard?

Here are the top five shareholders of Morguard based on the size of their shareholding:

Sahi (Kuldip Rai) Individual Investor
Percentage owned: 59.98% (6.69m shares)
GWL Investment Management Ltd. Investment Advisor
Percentage owned: 4.15% (463k shares)
CI Investments Inc. Investment Advisor/Hedge Fund
Percentage owned: 1.76% (196k shares)
London Life Mid Cap Canada (GWL) Mutual Fund
Percentage owned: 1.61% (180k shares)
London Life Canadian Equity (GWLIM) Mutual Fund
Percentage owned: 1.03% (115k shares)
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