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StockVS

TSX · Mortgage Finance · CAD

MCAN Mortgage Corporation (MKP.TO) Stock Analysis

MCAN Mortgage Corporation (MKP.TO) is a Mortgage Finance stock listed on TSX and quoted in Canadian Dollar.

MKP.TO

CA$21.88

+CA$0.10 (+0.46%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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MKP.TO Key Statistics

As of Sep 4, 2026
Trading
Open
CA$21.84
Previous Close
CA$21.78
Day's Range
21.70–22.17
52-Week Range
20.30–26.68
Volume
147.30K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.66
Valuation
Market Cap
CA$895.21M
P/E Ratio
10.37
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
11.58
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
6.01
EPS (ttm)Profit attributable to each share over the last twelve months.
2.11
Financials (FY)
Revenue (FY)
CA$147.26M+10.02%
Net Income (FY)
CA$74.87M−3.50%
Profit marginThe share of revenue left as profit after all costs and taxes.
57.14%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
40.91M
1-Year Return
+7.45%
Dividend and dates
Dividend
CA$1.70+7.81%
Ex-Dividend Date
September 15, 2026
Earnings Date
November 5, 2026estimated
Avg Volume
76.27K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

MKP.TO Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+1.16%
2025+33.16%
2024+25.69%
2023+16.20%
2022−0.07%
2021+24.24%
2020+1.21%
2019+39.09%
2018−18.84%
2017+35.43%
2016 (partial year)+5.58%

As of September 4, 2026.

MKP.TO Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025CA$147.26MCA$74.87M50.8%
2024CA$133.85MCA$77.59M58.0%
2023CA$123.13MCA$77.50M62.9%
2022CA$88.43MCA$55.35M62.6%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025CA$147.26M——CA$74.87M50.8%
2024CA$133.85M——CA$77.59M58.0%
2023CA$123.13M——CA$77.50M62.9%
2022CA$88.43M——CA$55.35M62.6%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

MKP.TO Dividend History

CA$1.64+5.1% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*CA$0.862—
2025CA$1.644+5.1%
2024CA$1.564+5.4%
2023CA$1.484+2.8%
YearDividends per sharePaymentsChange
2026 (partial year)CA$0.862—
2025CA$1.644+5.1%
2024CA$1.564+5.4%
2023CA$1.484+2.8%
2022CA$1.444−31.5%
2021CA$2.104+62.5%
2020CA$1.294+6.2%
2019CA$1.224−10.5%
2018CA$1.364+9.2%
2017CA$1.254+122.0%
2016CA$0.562—

Most recent payment: CA$0.43 per share, ex-dividend June 15, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

MKP.TO Valuation vs Mortgage Finance Median

Median of 19 stocks
MetricMKP.TOMortgage Finance medianvs median
P/E10.3712.4217% below
P/S ratio6.013.8556% above
Profit margin57.14%4.60%52.5 pts above

Medians across 19 Mortgage Finance stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Analysis

Data-derived

Company Overview

The market values MCAN Mortgage Corporation (MKP.TO) at CA$895.21M. It is classified in the Mortgage Finance industry, within the Financial Services sector. Headcount on file is 163.

MKP.TO last closed at CA$21.88 on September 4, 2026. That is +CA$0.10 (+0.46%) against the previous close. The 52-week range on file runs from CA$20.30 to CA$26.68. The latest close sits 7.78% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of CA$147.26M. That is +10.02% against the prior fiscal year, when revenue was CA$133.85M. The same year closed with net income of CA$74.87M. That is −3.50% against the prior fiscal year. Profit margin runs at 57.14%. That is 52.5 percentage points above the Mortgage Finance median of 4.6%. Trailing earnings per share are 2.11.

Across the 4 fiscal years on file, revenue moves from CA$88.43M in 2022 to CA$147.26M in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

MKP.TO trades at a trailing price-to-earnings ratio of 10.37. That is 16.51% below the Mortgage Finance median of 12.42. On forward earnings the ratio is 11.58. The price-to-sales ratio is 6.01. On price-to-sales that is 55.97% above the Mortgage Finance median of 3.85. The medians here are taken across 19 Mortgage Finance companies that report the metric.

Beta against the wider market is reported at 0.66. Annualized volatility over the trailing 10 years is 20.61%. The trailing one-year price return is +7.45%. Measured over 10 years, that is +14.38% a year compounded.

Growth & Income

The trailing dividend yield is 7.81%. That is 0.1 percentage points below the Mortgage Finance median yield of 7.87%. The indicated annual rate is CA$1.70 a share. The ex-dividend date on file is September 15, 2026. Dividends are recorded for 11 calendar years; 2026 shows 2 payments totalling CA$0.86 a share. The year before, 2025, totalled CA$1.64 a share.

The strongest complete calendar year on file is 2019 at +39.09%; the weakest is 2018 at −18.84%. Of the 9 complete calendar years on file, 7 finished higher. So far in 2026 the price is +1.16%.

Peer Comparison

MCAN Mortgage Corporation (MKP.TO) operates in the Mortgage Finance industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
MCAN Mortgage Corporation MKP.TO CA$895.21M 10.4
Rocket Companies, Inc. RKT CA$39.81B —
UWM Holdings Corporation UWMC CA$4.21B —
PennyMac Financial Services, Inc. PFSI CA$3.81B 10.1

The Mortgage Finance industry average P/E ratio is 12.4x. MCAN Mortgage Corporation trades at a P/E of 10.4.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About MCAN Mortgage Corporation

MCAN Mortgage Corporation operates as a loan and mortgage investment corporation in Canada. The company engages in real estate lending and investing, including residential mortgage and construction lending, non-residential construction and commercial lending, as well as portfolio of securities, loans, real estate investments and private investment activities. It also provides term deposits through a network of independent financial agents, as well as through a direct-to-consumer channel. The company was formerly known as MCAP Inc. and changed its name to MCAN Mortgage Corporation in September 2006. MCAN Mortgage Corporation was founded in 1991 and is headquartered in Toronto, Canada.

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