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Morguard North American Residential Real Estate Investment Trust

MRG.UN
TSX: MRG.UN Delayed
16.64CAD -0.1%
11.99 USD
As of 24 April 2025, Morguard North American Residential Real Estate Investment Trust has a market cap of $435.66M USD, ranking #12732 globally and #308 in Canada. It ranks #770 in the Real Estate sector, and #37 in the REIT - Residential industry.
Global Rank
12732
Country Rank
308
Sector Rank
770
Industry Rank
37
Key Stats
Market Cap
$435.66MUSD
603.34M CAD
Enterprise Value
$1.98BUSD
2.75B CAD
Revenue (TTM)
$252.11MUSD
349.15M CAD
Net Income (TTM)
$73.55MUSD
101.86M CAD
Profit Margin
29%
PE Ratio
5.9
Company Profile
Country (HQ)
Sector
Real Estate
Industry
REIT - Residential
CEO
Kuldip Sahi open_in_new
Employees
1,300
Founded
2012
Website
morguard.com open_in_new
warningChart data may be delayed
1d 1w 1m 3m 6m 1y
-0.1% 1.2% -4.1% -1.2% -10% 6.4%
Upcoming Earnings
Earnings Date
Fri, Apr 25 Tomorrow

Markets

Exchange Ticker Price
Toronto Stock Exchange
MIC: XTSE
PRIMARY
MRG.UN
ISIN: CA61761E1007
Shares Out.:
36.215M1 Shares Float: 26.501M2
TV:
SA:
YF:
GF:
BA:
MS:
16.64 CAD
OTC Markets
MIC: OTCM
MNARF
ISIN: CA61761E1007
Shares Out.:
36.215M1 Shares Float: 26.501M2
TV:
SA:
YF:
GF:
BA:
MS:
11.51 USD
1Market cap is calculated using shares outstanding.
2Float shares are publicly tradable shares, excluding insider-held stock.

About Morguard North American Residential Real Estate Investment Trust

The REIT is an unincorporated, open-ended real estate investment trust established under and governed by the laws of the Province of Ontario. The Units of the REIT trade on the Toronto Stock Exchange under the ticker symbol MRG.UN. With a strategic focus on the acquisition of high-quality multi-suite residential properties in Canada and the United States, the REIT maximizes long-term Unit value through active asset and property management. The REIT's portfolio is comprised of 13,089 residential suites and 229,500 square feet of commercial area (as of October 24, 2023) located in Alberta, Ontario, Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia and Maryland with an appraised value of approximately $4.0 billion at September 30, 2023.

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