Key Points
- Insider buying: Sime Armoyan purchased 5,200 Morguard shares at C$114.75 each, investing C$596,700 and increasing his stake by 0.37% to 1,405,823 shares. He also bought 2,300 shares in two earlier August transactions.
- Stock performance: Morguard opened at C$114.24, with a 52-week range of C$111.55 to C$127.40 and a market capitalization of approximately C$1.22 billion.
- Recent results: The real estate investment company reported quarterly EPS of C$7.93 and revenue of C$273.12 million, while analysts expect full-year EPS of approximately C$26.15.
Morguard Co. (TSE:MRC - Get Free Report) insider Sime Armoyan purchased 5,200 shares of the firm's stock in a transaction dated Wednesday, August 26th. The stock was acquired at an average cost of C$114.75 per share, with a total value of C$596,700.00. Following the completion of the acquisition, the insider directly owned 1,405,823 shares in the company, valued at approximately C$161,318,189.25. This trade represents a 0.37% increase in their position.
Sime Armoyan also recently made the following trade(s):
- On Monday, August 24th, Sime Armoyan acquired 1,800 shares of Morguard stock. The shares were acquired at an average cost of C$114.75 per share, with a total value of C$206,550.00.
- On Wednesday, August 19th, Sime Armoyan acquired 500 shares of Morguard stock. The shares were acquired at an average cost of C$114.75 per share, with a total value of C$57,375.00.
Morguard Price Performance
MRC opened at C$114.24 on Friday. The company has a quick ratio of 0.13, a current ratio of 0.42 and a debt-to-equity ratio of 123.43. The company's 50-day moving average price is C$117.98 and its 200 day moving average price is C$118.06. Morguard Co. has a fifty-two week low of C$111.55 and a fifty-two week high of C$127.40. The firm has a market cap of C$1.22 billion, a price-to-earnings ratio of 5.93 and a beta of 0.12.
Morguard (TSE:MRC - Get Free Report) last issued its earnings results on Wednesday, August 5th. The real estate investment trust reported C$7.93 EPS for the quarter. Morguard had a return on equity of 4.61% and a net margin of 18.49%.The company had revenue of C$273.12 million during the quarter. As a group, sell-side analysts expect that Morguard Co. will post 26.1506276 earnings per share for the current year.
Morguard Company Profile
(
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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