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.

Last Updated: October 21, 2026

MKP.TO

CA$21.57

+CA$0.02 (+0.09%)

Oct 21, 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 Oct 21, 2026

Trading

Open: CA$21.58
Previous Close: CA$21.55
Day's Range: 21.49–21.90
52-Week Range: 20.16–26.68
Volume: 92.12K
Beta: 0.67

Valuation

Market Cap: CA$882.52M
P/E Ratio: 10.22
Forward P/E: 11.41
P/S ratio: 5.92
EPS (ttm): 2.11

Financials (FY)

Revenue (FY): CA$147.26M+10.02%
Net Income (FY): CA$74.87M−3.50%
Profit margin: 57.14%
Shares Outstanding: 40.91M
1-Year Return: +7.38%

Dividend and dates

Dividend: CA$1.70+7.89%
Ex-Dividend Date: September 15, 2026
Earnings Date: November 5, 2026estimated
Avg Volume: 93.50K

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

Key facts

As of October 21, 2026, MKP.TO closed at CA$21.57, +7.38% over 1 year.

MCAN Mortgage Corporation (MKP.TO) has a market capitalization of CA$882.52M.

In fiscal 2025, MKP.TO reported revenue of CA$147.26M.

MKP.TO Stock Return by Calendar Year

MCAN Mortgage Corporation (MKP.TO) 10-year return: what CA$10,000 became

1 year: CA$10,000 CA$10,738; +7.38%
5 years: CA$10,000 CA$18,484; +84.84%
10 years: CA$10,000 CA$39,205; +292.05%

If you had invested CA$10,000 in MCAN Mortgage Corporation (MKP.TO) 10 years ago, at the close on October 21, 2016, it would have been worth CA$39,205 at the close on October 21, 2026: +292.05% in total, +14.64% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

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

−18.84%+39.09%−0.27%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	−0.27%
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 October 21, 2026.

MKP.TO Revenue and Earnings by Fiscal Year

FY ends December

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	CA$147.26M	CA$74.87M	50.8%
2024	CA$133.85M	CA$77.59M	58.0%
2023	CA$123.13M	CA$77.50M	62.9%
2022	CA$88.43M	CA$55.35M	62.6%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	CA$147.26M	—	—	CA$74.87M	50.8%
2024	CA$133.85M	—	—	CA$77.59M	58.0%
2023	CA$123.13M	—	—	CA$77.50M	62.9%
2022	CA$88.43M	—	—	CA$55.35M	62.6%

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

MKP.TO Dividend History

’16’17’18’19’20’21’22’23’24’25’26*

CA$1.64+5.1% vs 2024

Dividends per share, 2025 · 4 payments

Year	Dividends per share	Payments	Change
2026*	CA$1.29	3	—
2025	CA$1.64	4	+5.1%
2024	CA$1.56	4	+5.4%
2023	CA$1.48	4	+2.8%

Year	Dividends per share	Payments	Change
2026 (partial year)	CA$1.29	3	—
2025	CA$1.64	4	+5.1%
2024	CA$1.56	4	+5.4%
2023	CA$1.48	4	+2.8%
2022	CA$1.44	4	−31.5%
2021	CA$2.10	4	+62.5%
2020	CA$1.29	4	+6.2%
2019	CA$1.22	4	−10.5%
2018	CA$1.36	4	+9.2%
2017	CA$1.25	4	+336.7%
2016	CA$0.29	1	—

Most recent payment: CA$0.43 per share, ex-dividend September 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 18 stocks

Metric	MKP.TO	Mortgage Finance median	vs median
P/E	10.22	11.43	11% below
P/S ratio	5.92	2.60	128% above
Profit margin	57.14%	8.19%	49.0 pts above

Medians across 18 Mortgage Finance stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Analysis

Data-derived

Company Overview

The market values MCAN Mortgage Corporation (MKP.TO) at CA$882.52M. It is classified in the Mortgage Finance industry, within the Financial Services sector. Headcount on file is 163.

MKP.TO last closed at CA$21.57 on October 21, 2026. That is +CA$0.02 (+0.09%) against the previous close. The 52-week range on file runs from CA$20.16 to CA$26.68. The latest close sits 6.99% 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 49 percentage points above the Mortgage Finance median of 8.19%. 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 10.22. That is 10.55% below the Mortgage Finance median of 11.43. On forward earnings the ratio is 11.41. The price-to-sales ratio is 5.92. On price-to-sales that is 127.63% above the Mortgage Finance median of 2.6. The medians here are taken across 18 Mortgage Finance companies that report the metric.

Beta against the wider market is reported at 0.67. Annualized volatility over the trailing 10 years is 20.63%. The trailing one-year total return is +7.38%. Measured over 10 years, that is +14.64% a year compounded.

Growth & Income

The trailing dividend yield is 7.89%. That is 0.3 percentage points below the Mortgage Finance median yield of 8.19%. 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 3 payments totalling CA$1.29 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 total return is −0.27%.

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$882.52M	10.2
Rocket Companies, Inc.	RKT	$31.46B	—
PennyMac Financial Services, Inc.	PFSI	$3.09B	8.2
UWM Holdings Corporation	UWMC	$1.78B	—

Market caps are shown in each company's own trading currency, without conversion, and the peers are listed in order of these unconverted figures.

The Mortgage Finance industry average P/E ratio is 11.4x. MCAN Mortgage Corporation trades at a P/E of 10.2.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 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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