Key Points
- Insider buying: Sime Armoyan purchased 1,800 Morguard shares at an average C$113.97, investing C$205,146 and increasing his stake by 0.12% to 1,472,523 shares.
- Armoyan has made numerous additional purchases since late August, including 34,200 shares bought for C$3.57 million on August 31.
- Morguard opened at C$113.50, with a C$1.21 billion market capitalization and a 12-month trading range of C$111.55 to C$127.40. Its latest quarterly results included C$7.93 earnings per share and C$273.12 million in revenue.
Morguard Co. (TSE:MRC - Get Free Report) insider Sime Armoyan acquired 1,800 shares of the business's stock in a transaction that occurred on Thursday, October 1st. The shares were purchased at an average cost of C$113.97 per share, for a total transaction of C$205,146.00. Following the completion of the transaction, the insider directly owned 1,472,523 shares in the company, valued at C$167,823,446.31. The trade was a 0.12% increase in their position.
Sime Armoyan also recently made the following trade(s):
- On Monday, September 28th, Sime Armoyan acquired 300 shares of Morguard stock. The shares were purchased at an average price of C$114.25 per share, with a total value of C$34,275.00.
- On Thursday, September 24th, Sime Armoyan bought 500 shares of Morguard stock. The stock was purchased 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 bought 3,300 shares of Morguard stock. The stock was purchased 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 bought 900 shares of Morguard stock. The stock was purchased at an average price of C$114.25 per share, for a total transaction of C$102,825.00.
- On Monday, September 14th, Sime Armoyan bought 300 shares of Morguard stock. The stock was purchased 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 purchased 300 shares of Morguard stock. The shares were purchased 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 purchased 1,500 shares of Morguard stock. The shares were purchased at an average cost 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, with a total value of C$194,038.00.
- On Monday, August 31st, Sime Armoyan acquired 34,200 shares of Morguard stock. The stock was 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 acquired 16,200 shares of Morguard stock. The stock was purchased at an average price of C$114.69 per share, with a total value of C$1,857,978.00.
Morguard Stock Performance
MRC stock opened at C$113.50 on Friday. The stock has a market capitalization of C$1.21 billion, a PE ratio of 5.89 and a beta of 0.15. Morguard Co. has a 12-month low of C$111.55 and a 12-month high of C$127.40. The company has a current ratio of 0.42, a quick ratio of 0.13 and a debt-to-equity ratio of 123.43. The stock's 50 day simple moving average is C$114.64 and its 200 day simple moving average is C$117.96.
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. The business 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, research analysts forecast that Morguard Co. will post 26.1506276 earnings per share for the current fiscal 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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