Key Points
- Insider Sime Armoyan purchased 500 Morguard shares at C$114.75 each, investing C$57,375 and increasing his holdings to 1,397,123 shares valued at roughly C$160.3 million.
- Morguard shares opened at C$115.45, with a C$1.23 billion market capitalization, a price-to-earnings ratio of 5.99, and a 12-month trading range of C$111.55 to C$127.40.
- For its latest quarter, the real estate investment trust reported C$7.93 in earnings per share and C$273.12 million in revenue; analysts expect approximately C$26.15 in full-year EPS.
Morguard Co. (TSE:MRC - Get Free Report) insider Sime Armoyan acquired 500 shares of Morguard stock in a transaction dated Wednesday, August 19th. The stock was purchased at an average cost of C$114.75 per share, with a total value of C$57,375.00. Following the completion of the purchase, the insider owned 1,397,123 shares of the company's stock, valued at approximately C$160,319,864.25. This represents a 0.04% increase in their ownership of the stock.
Morguard Stock Up 0.4%
Shares of MRC opened at C$115.45 on Friday. The business's 50 day moving average is C$118.85 and its 200 day moving average is C$118.15. The company has a market capitalization of C$1.23 billion, a PE ratio of 5.99 and a beta of 0.12. Morguard Co. has a 12-month low of C$111.55 and a 12-month high of C$127.40. The company has a current ratio of 0.42, a quick ratio of 0.13 and a debt-to-equity ratio of 123.43.
Morguard (TSE:MRC - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported C$7.93 earnings per share for the quarter. The business had revenue of C$273.12 million during the quarter. Morguard had a return on equity of 4.61% and a net margin of 18.49%. Research analysts expect that Morguard Co. will post 26.1506276 earnings per share for the current fiscal year.
About Morguard
(
Get Free Report)
Morguard Corporation is a real estate investment company listed on the Toronto Stock Exchange (TSX: MRC). The company and its subsidiaries, Morguard REIT (TSX: MRT.UN) and Morguard North American Residential REIT (TSX: MRG.UN), own a diversified portfolio of real estate assets across multiple classes, including office, industrial, retail, multi-suite residential and hotel. Morguard also provides real estate management services to institutional and other investors. As at September 30, 2025, Morguard's owned and managed portfolio of assets was valued at $19 billion.
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