Key Points
- Insider buying: Sime Armoyan purchased 900 Morguard shares at C$114.25 each, spending C$102,825. Following the transaction, he owned 1,460,923 shares valued at approximately C$166.9 million.
- Armoyan has made several additional purchases recently, including 34,200 shares on August 31 for C$3.57 million, indicating sustained insider buying activity.
- Morguard shares opened at C$114.25 and were down 0.4%, with a C$1.22 billion market capitalization. The company reported quarterly revenue of C$273.12 million and EPS of C$7.93.
Morguard Co. (TSE:MRC - Get Free Report) insider Sime Armoyan acquired 900 shares of the stock in a transaction that occurred on Wednesday, September 23rd. The shares were bought at an average price of C$114.25 per share, for a total transaction of C$102,825.00. Following the transaction, the insider owned 1,460,923 shares of the company's stock, valued at C$166,910,452.75. This trade represents a 0.06% increase in their ownership of the stock.
Sime Armoyan also recently made the following trade(s):
- On Monday, September 14th, Sime Armoyan bought 300 shares of Morguard stock. The stock was bought at an average cost of C$114.16 per share, with a total value of C$34,248.00.
- On Thursday, September 10th, Sime Armoyan bought 300 shares of Morguard stock. The stock was bought 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 bought 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 purchased 1,700 shares of Morguard stock. The shares were purchased at an average cost of C$114.14 per share, for a total transaction of C$194,038.00.
- On Monday, August 31st, Sime Armoyan purchased 34,200 shares of Morguard stock. The stock was purchased at an average price of C$104.30 per share, for a total transaction of C$3,567,060.00.
- On Friday, August 28th, Sime Armoyan acquired 16,200 shares of Morguard stock. The stock was purchased at an average cost of C$114.69 per share, with a total value of C$1,857,978.00.
- On Wednesday, August 26th, Sime Armoyan acquired 5,200 shares of Morguard stock. The stock was purchased at an average cost of C$114.75 per share, with a total value of C$596,700.00.
- On Monday, August 24th, Sime Armoyan acquired 1,800 shares of Morguard stock. The shares were purchased at an average price of C$114.75 per share, with a total value of C$206,550.00.
- On Wednesday, August 19th, Sime Armoyan bought 500 shares of Morguard stock. The stock was purchased at an average cost of C$114.75 per share, for a total transaction of C$57,375.00.
Morguard Trading Down 0.4%
Shares of TSE:MRC opened at C$114.25 on Friday. The stock has a market capitalization of C$1.22 billion, a price-to-earnings ratio of 5.93 and a beta of 0.15. 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 stock's 50-day simple moving average is C$115.05 and its two-hundred day simple 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.
Morguard (TSE:MRC - Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported C$7.93 EPS for the quarter. Morguard had a net margin of 18.49% and a return on equity of 4.61%. The firm had revenue of C$273.12 million during the quarter. Analysts expect that Morguard Co. will post 26.1506276 EPS for the current 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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