Morguard North American Residential Real Estate Investment Trust MRG.UN
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Trading Information
- Previous Close Price
- CAD 15.59
- Day Range
- CAD 15.52–15.57
- 52-Week Range
- CAD 13.08–17.72
- Bid/Ask
- CAD 15.53 / CAD 15.55
- Market Cap
- CAD 585.75 Mil
- Volume/Avg
- 12,800 / 21,637
Key Statistics
- Price/Earnings (Normalized)
- 10.89
- Price/Sales
- 1.83
- Dividend Yield (Trailing)
- 4.67%
- Dividend Yield (Forward)
- 4.75%
- Total Yield
- 8.67%
Company Profile
Morguard North American Residential Real Estate Investment Trust is an open-end real estate investment trust. The REIT invests in multi-suite residential rental properties in Canada and the United States. The REIT operates into two reportable segments, Canada and the United States. The United States contributes to the vast majority of revenue.
- Sector
- Real Estate
- Industry
- REIT - Residential
- Stock Style Box
- Small Core
- Total Number of Employees
- —
- Website
- https://www.morguard.com
Comparables
Valuation
|
Metric
|
MRG.UN
|
ERE.UN
|
BTB.UN
|
|---|---|---|---|
Price/Earnings (Normalized) | 10.89 | 10.49 | 7.78 |
Price/Book Value | 0.32 | 0.35 | 0.58 |
Price/Sales | 1.83 | 3.95 | 2.14 |
Price/Cash Flow | 6.96 | 22.31 | 7.23 |
Price/Earnings
MRG.UN
ERE.UN
BTB.UN
Financial Strength
|
Metric
|
MRG.UN
|
ERE.UN
|
BTB.UN
|
|---|---|---|---|
Quick Ratio | 0.12 | 0.09 | 0.08 |
Current Ratio | 0.19 | 0.11 | 0.09 |
Interest Coverage | 4.19 | −3.31 | 2.00 |
Quick Ratio
MRG.UN
ERE.UN
BTB.UN
Profitability
|
Metric
|
MRG.UN
|
ERE.UN
|
BTB.UN
|
|---|---|---|---|
Return on Assets (Normalized) | 3.91% | −7.70% | 3.11% |
Return on Equity (Normalized) | 8.82% | −29.87% | 8.02% |
Return on Invested Capital (Normalized) | 6.27% | −7.77% | 5.21% |
Return on Assets
MRG.UN
ERE.UN
BTB.UN
REIT - Residential Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
AVB
| AvalonBay Communities Inc | Wwkjpksfs | Krzw | $27.2 Bil | |
EQR
| Equity Residential | Wtvrsbfrg | Mjplp | $24.5 Bil | |
INVH
| Invitation Homes Inc | Gfjrbnd | Tfy | $21.0 Bil | |
ESS
| Essex Property Trust Inc | Pkpzrbmf | Qtdgp | $15.9 Bil | |
SUI
| Sun Communities Inc | Pvgvvsrh | Wzcy | $15.0 Bil | |
MAA
| Mid-America Apartment Communities Inc | — | Tbcts | $14.9 Bil | |
AMH
| American Homes 4 Rent Class A | — | Jwqyp | $13.0 Bil | |
UDR
| UDR Inc | — | Cmtht | $12.2 Bil | |
ELS
| Equity Lifestyle Properties Inc | Ffspkbtx | Tytx | $11.5 Bil | |
AIRC
| Apartment Income REIT Corp Class A | Pvfgfyzvh | Tggmm | $5.6 Bil |