Key Points
- Morguard insider Sime Armoyan bought 34,200 shares on August 31 at an average C$104.30 per share, investing approximately C$3.57 million. His direct holdings rose 2.41% to 1.46 million shares valued at about C$151.9 million.
- Armoyan has made several additional Morguard purchases since August 19, totaling 23,700 shares before the latest transaction and signaling continued insider buying.
- Morguard reported quarterly revenue of C$273.12 million and EPS of C$7.93. The stock has a market capitalization of approximately C$1.22 billion and trades at a price-to-earnings ratio of 5.94.
Morguard Co. (TSE:MRC - Get Free Report) insider Sime Armoyan bought 34,200 shares of the stock in a transaction dated Monday, August 31st. The shares were acquired at an average price of C$104.30 per share, with a total value of C$3,567,060.00. Following the completion of the purchase, the insider directly owned 1,456,223 shares of the company's stock, valued at approximately C$151,884,058.90. This represents a 2.41% increase in their ownership of the stock.
Sime Armoyan also recently made the following trade(s):
- On Friday, August 28th, Sime Armoyan bought 16,200 shares of Morguard stock. The shares were acquired at an average cost of C$114.69 per share, for a total transaction of C$1,857,978.00.
- On Wednesday, August 26th, Sime Armoyan purchased 5,200 shares of Morguard stock. The stock was acquired at an average price of C$114.75 per share, for a total transaction of C$596,700.00.
- On Monday, August 24th, Sime Armoyan purchased 1,800 shares of Morguard stock. The stock was 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 purchased 500 shares of Morguard stock. The stock was acquired at an average cost of C$114.75 per share, with a total value of C$57,375.00.
Morguard Price Performance
MRC stock opened at C$114.46 on Wednesday. The stock's 50 day moving average is C$117.49 and its two-hundred day moving average is C$118.03. Morguard Co. has a 52-week low of C$111.55 and a 52-week high of C$127.40. The company has a market capitalization of C$1.22 billion, a PE ratio of 5.94 and a beta of 0.12. The company has a quick ratio of 0.13, a current ratio of 0.42 and a debt-to-equity ratio of 123.43.
Morguard (TSE:MRC - Get Free Report) last released 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. Analysts predict 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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