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Morguard (OTC) ( (TSE:MRC) ) has provided an update.
Morguard Corporation reported a slight increase in total revenue for the third quarter of 2025, reaching $278.2 million, driven by higher average monthly rents despite increased vacancy rates. The company’s net income saw a significant rise to $44.0 million, attributed to a lower income tax provision and reduced net fair value loss. Morguard’s strong liquidity position and strategic refinancing efforts, including the issuance of $250 million in senior unsecured debentures, highlight its robust financial health and operational resilience.
The most recent analyst rating on (TSE:MRC) stock is a Hold with a C$123.00 price target. To see the full list of analyst forecasts on Morguard (OTC) stock, see the TSE:MRC Stock Forecast page.
Spark’s Take on TSE:MRC Stock
According to Spark, TipRanks’ AI Analyst, TSE:MRC is a Neutral.
Morguard’s overall stock score reflects a balance of strong operational efficiency and attractive valuation, offset by challenges in revenue growth and high leverage. The technical analysis suggests a neutral to slightly bearish trend, which tempers the positive aspects of the valuation.
To see Spark’s full report on TSE:MRC stock, click here.
More about Morguard (OTC)
Morguard Corporation operates in the real estate industry, focusing on property ownership, management, and development. The company deals with a variety of real estate assets, including residential, commercial, and hotel properties, primarily in Canada.
Average Trading Volume: 1,568
Technical Sentiment Signal: Buy
Current Market Cap: C$1.24B
Find detailed analytics on MRC stock on TipRanks’ Stock Analysis page.