Key Points
- Insider Sime Armoyan purchased 300 Morguard shares at an average price of C$114.16, investing C$34,248 and increasing his holdings to 1,460,023 shares valued at approximately C$166.7 million.
- Armoyan has made several additional purchases in recent weeks, including 34,200 shares for C$3.57 million on August 31, indicating substantial cumulative insider buying.
- Morguard opened at C$114.37, below its 50-day and 200-day moving averages. The company reported quarterly EPS of C$7.93 and revenue of C$273.12 million, while maintaining a market capitalization of approximately C$1.22 billion.
Morguard Co. (TSE:MRC - Get Free Report) insider Sime Armoyan purchased 300 shares of the company's stock in a transaction that occurred on Monday, September 14th. The shares were purchased at an average cost of C$114.16 per share, for a total transaction of C$34,248.00. Following the completion of the transaction, the insider owned 1,460,023 shares in the company, valued at approximately C$166,676,225.68. This represents a 0.02% increase in their position.
Sime Armoyan also recently made the following trade(s):
- On Thursday, September 10th, Sime Armoyan acquired 300 shares of Morguard stock. The stock was acquired at an average cost of C$114.00 per share, with a total value of C$34,200.00.
- On Wednesday, September 9th, Sime Armoyan bought 1,500 shares of Morguard stock. The shares were acquired at an average price of C$114.00 per share, with a total value of C$171,000.00.
- On Tuesday, September 8th, Sime Armoyan bought 1,700 shares of Morguard stock. The shares were acquired 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 bought 34,200 shares of Morguard stock. The shares were acquired at an average cost of C$104.30 per share, for a total transaction of C$3,567,060.00.
- On Friday, August 28th, Sime Armoyan purchased 16,200 shares of Morguard stock. The stock was acquired at an average price 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 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$114.37 on Wednesday. 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$115.88 and its 200 day moving average price is C$118.02. 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 0.15.
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. The company 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%. 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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