MNARF Stock Chart & Stats
$13.02
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Market closed
$13.02
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Day’s Range― - ―
52-Week Range$11.75 - $14.00
Previous CloseN/A
VolumeN/A
Average Volume (3M)750.00
Market Cap
$618.59M
Enterprise Value$2.72K
Total Cash (Recent Filing)$81.32M
Total Debt (Recent Filing)$1.78B
Price to Earnings (P/E)7.5
Beta0.38
Next Earnings
Jul 28, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield4.64%
Share Statistics
EPS (TTM)2.22
Shares Outstanding34,944,930
10 Day Avg. Volume560
30 Day Avg. Volume750
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
$15.24Price Target Upside17.08% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)1.14
Revenue Forecast (FY)$251.36M
Bulls Say, Bears Say
Bulls Say
Stable Recurring Rental Revenue ModelMRG.UN’s core business is multi-suite residential rentals, giving it durable recurring cash inflows from monthly rents. This business model produces predictable revenue streams and occupancy-linked cash flow that support operations and long-term financing plans across cycles.
Steady Operating Cash Flow And Improving FCFConsistent operating cash flow (~$90M TTM) and year-over-year free cash flow improvement strengthen the REIT’s ability to fund maintenance, capex and debt service from operations. Improving FCF increases financial flexibility over the medium term without relying on asset sales.
Healthy Underlying Margins And ProfitabilityMargins remaining healthy indicates the business converts rental revenue into operating and net income efficiently. For a residential REIT this supports resilience to moderate cost inflation and underpins capacity to cover interest and maintenance expenses over multiple quarters.
Bears Say
Meaningful Leverage With Limited FlexibilityDebt roughly equal to equity (D/E ~0.89) raises refinancing and interest-rate sensitivity. In a higher-rate or tighter credit environment this leverage reduces strategic optionality, increases cash required for debt service, and constrains acquisition or capex capacity over the medium term.
Top-line Softness And Earnings VolatilityA modest revenue decline and historical earnings volatility undermine predictability of distributable cash. This makes planning for reinvestment or distribution targets harder and can signal sensitivity to local rental markets or operational challenges that may persist across several quarters.
Weak Cash-to-earnings ConversionOperating cash equaling only ~33% of net income indicates reported profits are bolstered by non-cash items (e.g., valuation gains). Lower cash conversion reduces the amount of real cash available for distributions and debt repayment, raising earnings quality concerns over the medium term.
MNARF FAQ
What was Morguard NA REIT UN’s price range in the past 12 months?
Morguard NA REIT UN lowest stock price was $11.75 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 $618.59M.
When is Morguard NA REIT UN’s upcoming earnings report date?
Morguard NA REIT UN’s upcoming earnings report date is Jul 28, 2026 which is in 2 days.
How were Morguard NA REIT UN’s earnings last quarter?
Morguard NA REIT UN released its earnings results on Apr 28, 2026. The company reported $0.498 earnings per share for the quarter, missing the consensus estimate of N/A by N/A.
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 $0.047 which represents an annual dividend yield of 4.64%. 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 34,944,930 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 $0.498 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -2.5%.
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
2.04%
12-Months-Change
Fundamentals
Return on Equity
4.64%
Trailing 12-Months
Asset Growth
-0.71%
Trailing 12-Months
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
$15.24
▲(17.08% Upside)
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Ownership Overview
1.93% Insiders
0.23% Mutual Funds
― Other Institutional Investors
95.77% Public Companies and
Individual Investors