NVDA+0.84%AAPL−2.51%GOOGL−1.17%MSFT−2.04%AMZN−0.15%TSM+2.85%SPCX−1.20%AVGO+0.21%
StockVS

TSX · Real Estate - Diversified · CAD

Morguard Corporation (MRC.TO) Stock Analysis

Morguard Corporation (MRC.TO) is a Real Estate - Diversified stock listed on TSX and quoted in Canadian Dollar.

MRC.TO

CA$114.55

−CA$0.02 (−0.02%)

Sep 4, 2026 · Market close

Compare

Price History

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

Compare MRC.TO with… →

MRC.TO Key Statistics

As of Sep 4, 2026
Trading
Open
CA$114.70
Previous Close
CA$114.57
Day's Range
114.55–114.91
52-Week Range
0.01–127.40
Volume
1.00K
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.
0.48
Valuation
Market Cap
CA$1.22B
P/E Ratio
5.94
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
7.93
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
1.10
EPS (ttm)Profit attributable to each share over the last twelve months.
19.28
Financials (FY)
Revenue (FY)
CA$1.11B−0.18%
Net Income (FY)
CA$174.87M−33.20%
Profit marginThe share of revenue left as profit after all costs and taxes.
18.47%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
10.68M
1-Year Return
−2.06%
Dividend and dates
Dividend
CA$0.80+0.70%
Ex-Dividend Date
September 15, 2026
Earnings Date
November 4, 2026estimated
Avg Volume
3.80K

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

MRC.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)−0.91%
2025+0.41%
2024+10.37%
2023−5.22%
2022−17.16%
2021+18.74%
2020−42.30%
2019+14.55%
2018−1.59%
2017+2.38%
2016 (partial year)+1.28%

As of September 4, 2026.

MRC.TO Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025CA$1.11BCA$174.87M15.8%
2024CA$1.11BCA$261.80M23.6%
2023CA$1.21BCA$74.18M6.2%
2022CA$1.12BCA$122.77M11.0%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025CA$1.11BCA$511.07MCA$504.21MCA$174.87M15.8%
2024CA$1.11BCA$518.72MCA$507.70MCA$261.80M23.6%
2023CA$1.21BCA$551.86MCA$528.78MCA$74.18M6.2%
2022CA$1.12BCA$500.36MCA$473.85MCA$122.77M11.0%

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

MRC.TO Dividend History

CA$0.80+23.1% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*CA$0.402—
2025CA$0.804+23.1%
2024CA$0.654+8.3%
2023CA$0.604+0.0%
YearDividends per sharePaymentsChange
2026 (partial year)CA$0.402—
2025CA$0.804+23.1%
2024CA$0.654+8.3%
2023CA$0.604+0.0%
2022CA$0.604+0.0%
2021CA$0.604+0.0%
2020CA$0.604+0.0%
2019CA$0.604+0.0%
2018CA$0.604+0.0%
2017CA$0.604+100.0%
2016CA$0.302—

Most recent payment: CA$0.20 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.

MRC.TO Valuation vs Real Estate - Diversified Median

Median of 4 stocks
MetricMRC.TOReal Estate - Diversified medianvs median
P/E5.947.3719% below
P/S ratio1.106.090.2x the median
Profit margin18.47%48.71%30.2 pts below

Medians across 4 Real Estate - Diversified stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Analysis

Data-derived

Company Overview

Morguard Corporation (MRC.TO) is capitalised at CA$1.22B on the latest close. The company sits in the Real Estate sector, in the Real Estate - Diversified industry.

The 52-week range on file runs from CA$0.01 to CA$127.40. MRC.TO last closed at CA$114.55 on September 4, 2026. That is −CA$0.02 (−0.02%) against the previous close. The latest close sits 1,145,400% above that 52-week low.

Financial Health

In fiscal 2025, Morguard Corporation reported revenue of CA$1.11B. Against the prior fiscal year total of CA$1.11B, that is a change of −0.18%. Net income for the same year was CA$174.87M. That is −33.20% against the prior fiscal year. Profit margin runs at 18.47%. That is 30.2 percentage points below the Real Estate - Diversified median of 48.71%. Earnings per share on a trailing basis come to 19.28.

Across the 4 fiscal years on file, revenue moves from CA$1.12B in 2022 to CA$1.11B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

MRC.TO trades at a trailing price-to-earnings ratio of 5.94. That is 19.35% below the Real Estate - Diversified median of 7.37. The forward P/E on file is 7.93. The price-to-sales ratio is 1.1. On price-to-sales that is 0.2 times the Real Estate - Diversified median of 6.09. 4 Real Estate - Diversified companies report these metrics, and the medians quoted come from that group.

Beta against the wider market is reported at 0.48. Daily returns over the trailing 10 years annualize to a volatility of 24.87%. Over the trailing twelve months the price has returned −2.06%. Measured over 10 years, that is −4.09% a year compounded.

Growth & Income

The trailing dividend yield is 0.7%. That is 0.3 percentage points below the Real Estate - Diversified median yield of 0.97%. At the indicated rate that is CA$0.80 a share a year. The ex-dividend date on file is September 15, 2026. Dividends are recorded for 11 calendar years; 2026 shows 2 payments totalling CA$0.40 a share. The year before, 2025, totalled CA$0.80 a share.

So far in 2026 the price is −0.91%. The strongest complete calendar year on file is 2021 at +18.74%; the weakest is 2020 at −42.30%. Of the 9 complete calendar years on file, 5 finished higher.

Peer Comparison

Morguard Corporation (MRC.TO) operates in the Real Estate - Diversified industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Morguard Corporation MRC.TO CA$1.22B 5.9
The St. Joe Company JOE CA$3.76B 31.0
Corporación Inmobiliaria Vesta, S.A.B. de C.V. VTMX CA$3.22B 7.6
Stratus Properties Inc. STRS CA$152.47M 7.2

The Real Estate - Diversified industry average P/E ratio is 7.4x. Morguard Corporation trades at a P/E of 5.9.

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.

Related Real Estate - Diversified Stocks

JOE

The St. Joe Company

$3.76B

 VTMX

Corporación Inmobiliaria Vesta, S.A.B. de C.V.

$3.22B

 STRS

Stratus Properties Inc.

$152.47M
View all Real Estate - Diversified stocks →

Popular Real Estate Stocks

WELL

Welltower Inc.

$170.18B

 PLD

Prologis, Inc.

$133.51B

 EQIX

Equinix, Inc.

$102.22B

 AMT

American Tower Corporation

$81.94B

 SPG

Simon Property Group, Inc.

$79.51B
View all Real Estate stocks →

About Morguard Corporation

Morguard Corporation, a real estate investment and management company, engages in property ownership, development, and investment advisory services in Canada and the United States. It operates in four segments: Multi-Suite Residential, Retail, Office, and Hotel. The company offers real estate management and advisory services, including acquisitions, development, dispositions, leasing, performance measurement, and asset and property management; and investment products across equity, fixed income, and balanced portfolios to institutional clients and private investors. It also acquires, develops, and owns a portfolio of multi-suite residential, commercial, retail, office, industrial, and hotel properties. The company was formerly known as Acktion Corporation and changed its name to Morguard Corporation in June 2002. Morguard Corporation was incorporated in 2024 and is headquartered in Mississauga, Canada. Morguard Corporation operates as a subsidiary of PAROS HOLDINGS CORPORATION.

Visit website →