Key Points
- Insider buying continued: Sime Armoyan purchased 1,500 Morguard shares for C$171,000, raising his holdings to 1,459,423 shares valued at approximately C$166.4 million. He has made several additional purchases since August, totaling significant further investment.
- Morguard shares traded modestly higher: The stock opened at C$115.00 and was up 0.9%, with a market capitalization of approximately C$1.23 billion and a 52-week range of C$111.55 to C$127.40.
- Recent financial results: Morguard reported quarterly revenue of C$273.12 million and earnings of C$7.93 per share, while analysts expect full-year earnings of roughly C$26.15 per share.
Morguard Co. (TSE:MRC - Get Free Report) insider Sime Armoyan purchased 1,500 shares of the company's stock in a transaction dated Wednesday, September 9th. The stock was purchased at an average cost of C$114.00 per share, with a total value of C$171,000.00. Following the purchase, the insider owned 1,459,423 shares in the company, valued at approximately C$166,374,222. This trade represents a 0.10% increase in their ownership of the stock.
Sime Armoyan also recently made the following trade(s):
- On Tuesday, September 8th, Sime Armoyan purchased 1,700 shares of Morguard stock. The shares were purchased at an average price of C$114.14 per share, with a total value of C$194,038.00.
- On Monday, August 31st, Sime Armoyan purchased 34,200 shares of Morguard stock. The shares were purchased at an average price of C$104.30 per share, with a total value of C$3,567,060.00.
- On Friday, August 28th, Sime Armoyan purchased 16,200 shares of Morguard stock. The shares were purchased 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 acquired 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 acquired 1,800 shares of Morguard stock. The stock was acquired at an average price of C$114.75 per share, for a total transaction of C$206,550.00.
- On Wednesday, August 19th, Sime Armoyan acquired 500 shares of Morguard stock. The stock was acquired at an average price of C$114.75 per share, with a total value of C$57,375.00.
Morguard Trading Up 0.9%
Shares of Morguard stock opened at C$115.00 on Friday. The stock has a 50 day moving average of C$116.37 and a 200 day moving average of C$118.03. The company has a debt-to-equity ratio of 123.43, a quick ratio of 0.13 and a current ratio of 0.42. The firm has a market capitalization of C$1.23 billion, a price-to-earnings ratio of 5.96 and a beta of 0.15. Morguard Co. has a fifty-two week low of C$111.55 and a fifty-two week high of C$127.40.
Morguard (TSE:MRC - Get Free Report) last posted 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 for the quarter. As a group, research analysts predict 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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