Morguard Corporation

MRC

CA6175771014

Real Estate Development & Operations

Market Closed - Toronto S.E. Other stock markets 15:59:16 2024-05-10 EDT			5-day change	1st Jan Change
110.5 ^CAD	-0.45%		+0.45%	+4.26%

05-07	Morguard Corporation Swings To Q1 Profit On Hotel Property Sales	MT
05-07	Morguard Corporation Brief: Adjusted NOI increased by $1.8 million, or 1.3%, to $138.0 million for the three months ended March 31, 2024	MT

Morguard Corporation authorizes a Buyback Plan.

September 14, 2023

The Board of Directors of Morguard Corporation has authorized a buyback plan on September 15, 2023.

Latest news about Morguard Corporation

Morguard Corporation Swings To Q1 Profit On Hotel Property Sales	05-07	MT
Morguard Corporation Brief: Adjusted NOI increased by $1.8 million, or 1.3%, to $138.0 million for the three months ended March 31, 2024	05-07	MT
Morguard Corporation Brief: Net income increased by $148.1 million to $116.8 million for the three months ended March 31, 2024	05-07	MT
Morguard Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	05-07	CI
Morguard Corporation Announces First Quarterly Dividend, Payable on June 28, 2024	05-07	CI
Morguard REIT Brief: Q1 Net Loss Basic and Diluted $0.57; Adjusted Funds From Operations Basic $0.12 and Diluted $0.11	05-01	MT
Morguard North American Residential REIT's Q1 Net Income Down Vs a Year Ago, But Cites Other Positive Highlights	04-30	MT
North American Morning Briefing : Investors Brace -2-	04-29	DJ
Morguard's Credit Ratings Confirmed at DBRS	04-18	MT
Morguard Names COO	03-26	MT
Morguard Corporation Brief: Angela Sahi, Appointed To New Role of President and Chief Operating Officer, effective immediately	03-26	MT
Morguard Corporation Announces Appointment of Angela Sahi as President and Chief Operating Officer	03-26	CI
RBC Capital Markets Says Outperform Ratings For Canadian REITs Still Intact	03-20	MT
Morguard Sells 181 Queen Street in Ottawa; Up 2.4%	03-07	MT
Public Services and Procurement Canada acquired Office property at 181 Queen Street in Ottawa from Morguard Corporation for approximately CAD 130 million.	03-06	CI
G2S2 Capital Inc. Increased Investment In Morguard REIT	02-26	MT
Morguard Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	02-22	CI
Morguard Corporation Brief: Net income decreased by $54.0 million to $58.2 million for the year ended December 31, 2023; Announces Regular Eligible Dividend	02-22	MT
Morguard Corporation Announces Dividend for the First Quarter of 2024, Payable on March 28, 2024	02-22	CI
Morguard REIT Fourth Quarter NOI Edges Down Despite Revenue Gains	02-14	MT
Morguard REIT Brief: Q4 Adjusted funds from operations Diluted $0.14 and Basic $0.15	02-14	MT
Morguard North American Residential REIT Swings Back to a Fourth-Quarter Profit	02-13	MT
Morguard North American Residential REIT Brief: Net income of $185.3 million for year ended December 31, 2023, a decrease of $54.3 million, or 22.7% compared to 2022	02-13	MT
Morguard North American Residential REIT Brief: Net operating income of $180.2 million for the year ended December 31, 2023, an increase of $29.0 million, or 19.2% compared to 2022	02-13	MT
Morguard REIT reports Normal Course Issuer Bid	02-07	MT

Morguard Corporation is a Canada-based real estate company. The Companyâs principal activities include property ownership, development and investment advisory services. Property ownership encompasses interests in multi-suite residential, commercial and hotel properties located in Canada and the United States. The Company owns a diversified portfolio of 178 multi-suite residential, retail, office, industrial and hotel properties comprised of 17,566 residential suites, approximately 17.1 million square feet of commercial leasable space. The Company also owns a 65.0% interest in Morguard Real Estate Investment Trust and a 45.3% effective interest in Morguard North American Residential Real Estate Investment Trust. It also provides advisory and management services to institutional and other investors. The Company's subsidiaries include Morguard Real Estate Investment Trust and Morguard North American Residential Real Estate Investment Trust.

Sector

Real Estate Development & Operations

Calendar

2024-07-30 - Q2 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

110.5 CAD

Average target price

135 CAD

Spread / Average Target

+22.17%

Consensus

Chiffre d''affaires - Rate of surprise

Company calendar

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