Key Points
- Insider buying: Sime Armoyan purchased 300 Morguard shares at C$114.25 each for C$34,275, increasing his direct ownership to 1,465,023 shares valued at approximately C$167.4 million.
- Armoyan has made multiple Morguard purchases in recent weeks, including 34,200 shares on August 31 and 3,300 shares on September 25, indicating sustained insider buying activity.
- Morguard has a C$1.22 billion market capitalization and a price-to-earnings ratio of 5.93. In its latest quarter, the real estate investment trust reported C$7.93 EPS and C$273.12 million in revenue.
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 28th. The stock was bought at an average price of C$114.25 per share, for a total transaction of C$34,275.00. Following the transaction, the insider directly owned 1,465,023 shares in the company, valued at C$167,378,877.75. This trade represents a 0.02% increase in their ownership of the stock.
Sime Armoyan also recently made the following trade(s):
- On Thursday, September 24th, Sime Armoyan acquired 500 shares of Morguard stock. The shares were bought at an average cost of C$114.25 per share, with a total value of C$57,125.00.
- On Friday, September 25th, Sime Armoyan acquired 3,300 shares of Morguard stock. The shares were bought at an average cost of C$114.25 per share, with a total value of C$377,025.00.
- On Wednesday, September 23rd, Sime Armoyan acquired 900 shares of Morguard stock. The shares were bought at an average cost of C$114.25 per share, with a total value of C$102,825.00.
- On Monday, September 14th, Sime Armoyan bought 300 shares of Morguard stock. The stock was bought at an average price of C$114.16 per share, for a total transaction of C$34,248.00.
- On Thursday, September 10th, Sime Armoyan bought 300 shares of Morguard stock. The stock was bought at an average price of C$114.00 per share, for a total transaction of C$34,200.00.
- On Wednesday, September 9th, Sime Armoyan bought 1,500 shares of Morguard stock. The stock was bought at an average cost of C$114.00 per share, for a total transaction of C$171,000.00.
- On Tuesday, September 8th, Sime Armoyan purchased 1,700 shares of Morguard stock. The shares were bought 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 bought 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 bought 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 purchased 5,200 shares of Morguard stock. The shares were bought at an average cost of C$114.75 per share, with a total value of C$596,700.00.
Morguard Stock Performance
TSE:MRC opened at C$114.24 on Thursday. The company has a debt-to-equity ratio of 123.43, a current ratio of 0.42 and a quick ratio of 0.13. 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. The firm's fifty day moving average price is C$114.78 and its 200 day moving average price is C$118.00. Morguard Co. has a 1-year low of C$111.55 and a 1-year high of C$127.40.
Morguard (TSE:MRC - Get Free Report) last announced its quarterly earnings data 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 net margin of 18.49% and a return on equity of 4.61%. On average, sell-side analysts expect that Morguard Co. will post 26.1506276 EPS 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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