MNARF Stock Chart & Stats
$11.36
$0.00(0.00%)
At close: 4:00 PM EDT
$11.36
$0.00(0.00%)
Day’s Range― - ―
52-Week Range$11.22 - $14.00
Previous CloseN/A
Volume4.29K
Average Volume (3M)466.00
Market Cap
$596.10M
Enterprise Value$2.71K
Total Cash (Recent Filing)$203.94M
Total Debt (Recent Filing)$1.88B
Price to Earnings (P/E)8.4
Beta0.34
Next Earnings
Oct 27, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield4.98%
Share Statistics
EPS (TTM)1.84
Shares Outstanding34,956,932
10 Day Avg. Volume1,399
30 Day Avg. Volume466
Financial Highlights & Ratios
PEG Ratio-0.29
Price to Book (P/B)0.45
Price to Sales (P/S)2.55
P/FCF Ratio10.32
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$15.54Price Target Upside36.79% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)1.15
Revenue Forecast (FY)$252.39M
Bulls Say, Bears Say
Bulls Say
Recurring Rental Income And Rent GrowthThe apartment portfolio generates recurring rental revenue, while positive average monthly rent growth supports organic NOI expansion. Stronger turnover rents in Canada provide additional embedded upside as leases renew, although market conditions remain important.
Improved Liquidity And Debt Maturity ProfileSubstantial liquidity and longer mortgage maturities improve financial flexibility and reduce near-term refinancing concentration. Recent refinancing proceeds also provide funding capacity for property investment and portfolio initiatives without immediate reliance on equity markets.
Conservative Payout Supports Cash RetentionA payout ratio below half of FFO leaves internally generated capital available for debt management, maintenance and revenue-enhancing projects. This retention can strengthen resilience and support growth while reducing dependence on external financing.
Bears Say
Occupancy And NOI PressureLower occupancy directly reduces rental revenue and increases leasing costs, while the NOI decline indicates pressure is already reaching property-level earnings. Recovery depends on absorption of new supply, improved demand and less reliance on incentives.
Leverage And Higher Financing CostsThe sizeable debt base makes cash flow sensitive to refinancing rates and borrowing costs. The higher mortgage rate and incomplete Q2 expense impact suggest interest costs could remain a structural constraint on FFO and distribution growth.
Revenue Contraction And Moderate Cash ConversionThe sharp TTM revenue decline signals weaker recent operating scale, while moderate cash conversion versus accounting earnings limits financial cushioning. Together, these factors reduce confidence that reported profitability will consistently translate into deployable cash.
Morguard NA REIT UN News
MNARF FAQ
What was Morguard NA REIT UN’s price range in the past 12 months?
Morguard NA REIT UN lowest stock price was $11.22 and its highest was $14.00 in the past 12 months.
What is Morguard NA REIT UN’s market cap?
Morguard NA REIT UN’s market cap is $596.10M.
When is Morguard NA REIT UN’s upcoming earnings report date?
Morguard NA REIT UN’s upcoming earnings report date is Oct 27, 2026 which is in 47 days.
How were Morguard NA REIT UN’s earnings last quarter?
Morguard NA REIT UN released its earnings results on Jul 28, 2026. The company reported $0.342 earnings per share for the quarter.
Is Morguard NA REIT UN overvalued?
According to Wall Street analysts Morguard NA REIT UN’s price is currently Undervalued.
Does Morguard NA REIT UN pay dividends?
Morguard NA REIT UN pays a Monthly dividend of $0.048 which represents an annual dividend yield of 4.98%. See more information on Morguard NA REIT UN dividends here
What is Morguard NA REIT UN’s EPS estimate?
Morguard NA REIT UN’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Morguard NA REIT UN have?
Morguard NA REIT UN has 34,956,932 shares outstanding.
What happened to Morguard NA REIT UN’s price movement after its last earnings report?
Morguard NA REIT UN reported an EPS of $0.342 in its last earnings report. Following the earnings report the stock price went down -2.494%.
Which hedge fund is a major shareholder of Morguard NA REIT UN?
Currently, no hedge funds are holding shares in MNARF
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Morguard NA REIT UN Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Negative
20 days / 200 days
Momentum
-12.42%
12-Months-Change
Fundamentals
Return on Equity
4.98%
Trailing 12-Months
Asset Growth
5.24%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Morguard NA REIT UN
This open-ended, unincorporated real estate investment trust (REIT) is organized and operates under the legal framework of the Province of Ontario, Canada. Its shares are listed and actively traded on the Toronto Stock Exchange (TSX) using the ticker symbol MRG.UN. The REIT's strategic objective is to acquire premium multi-suite residential properties across Canada and the United States, thereby enhancing long-term unitholder value through diligent asset and property management. As of October 27, 2020, its extensive portfolio included 13,275 residential units. These properties, located in Alberta, Ontario, Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia, and Maryland, were appraised at approximately $3.1 billion as of September 30, 2020.
MNARF Stock 12 Month Forecast
Average Price Target
$15.54
▲(36.79% Upside)
Technical Analysis
Ownership Overview
1.93% Insiders
0.23% Mutual Funds
― Other Institutional Investors
95.76% Public Companies and
Individual Investors


