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Morguard Corporation (T:MRC)

Business Focus: Real Estate Development & Operations

INK Edge Outlook

Mostly sunny as of January 01, 2020
For the latest outlook, get the company report

Insider Chart - Past 6 Months

INK Ultra Money Free

Insider Filings

Latest 10 SEDI filings for MRC within the last 6 months
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Company News

Dec 19, 2019 16:05 ET
Morguard Enters into Arrangement Agreement with Temple Hotels
MISSISSAUGA, ON, Dec. 19, 2019 /CNW/ - Morguard Corporation ("Morguard") (TSX: MRC) and Temple Hotels Inc. ("Temple") (TSX: TPH) are pleased to announce that, further to Morguard's press release dated November 15, 2019, they have entered into a definitive agreement (the "Arrangement Agreement") pursuant to which Morguard will acquire all of the outstanding common shares of Temple (the "Temple Shares") not currently owned by Morguard (the "Transaction"). The Transaction will be effected by way of a court-approved plan of arrangement under the Canada Business Corporations Act (the "Arrangement
Read full article
Dec 10, 2019 07:00 ET
Solid growth will prevail for Canada's commercial real estate market in 2020: Morguard
Commercial Real Estate Investment and Market Performance Trends to Watch in 2020
Read full article
See more news stories

Valuation Ratios

Industry
Sector
Beta
0.67
--
--
Price to Sales - TTM
1.89
3.96
8.33
Price to Book - most recent quarter
0.64
1.13
1.58
Price to Cash Flow per share - TTM
10.78
10.55
11.71
Price to Free Cash Flow per share - TTM
8.44
13.47
20.17
See all valuations

Short Report

DateNumber of Shares ShortedNet Change
Jan 15, 20206,293-278
Dec 31, 20196,571-543
Dec 15, 20197,114-382
See Short Report

Business Summary

Sector:  Financials Industry:  Real Estate Development & Operations

Morguard Corp is a Canada-based real estate investment company. The Company is engaged in the acquisition, development and ownership of commercial, multi-unit residential and hotel real estate properties. It is also a real estate investment advisors and a management company. The Company and its subsidiaries, including Morguard Residential REIT and Morguard REIT, own a portfolio of over 175 multi-unit residential, retail, office, industrial and hotel properties located in Canada and the United States. The Company's multi-suite residential portfolio consists of over 20 Canadian properties and over 30 United States properties. The Company, through its wholly owned subsidiary, Morguard Investments Limited, provides real estate management services to Canadian institutional investors. The Company's services, include acquisitions, development, dispositions, leasing, performance measurement, as well as asset and property management.

See business summary

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