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1 Comment
Morguard Corporation is currently in a long term uptrend where the price is trading 19.9% above its 200 day moving average.
From a valuation standpoint, the stock is 97.7% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 1.3.
Morguard Corporation's total revenue sank by 15.4% to $255M since the same quarter in the previous year.
Its net income has dropped by 173.4% to $-62M since the same quarter in the previous year.
Finally, its free cash flow grew by 137.1% to $77M since the same quarter in the previous year.
Based on the above factors, Morguard Corporation gets an overall score of 3/5.
CurrencyCode | CAD |
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Exchange | TO |
ISIN | CA6175771014 |
Industry | Real Estate-Diversified |
Sector | Real Estate |
Target Price | 150 |
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Beta | 1.13 |
Dividend Yield | 0.6% |
PE Ratio | 9.6 |
Market Cap | 1B |
Morguard Corporation, a real estate investment and management company, engages in acquires, owns, and develops multi-suite residential, commercial, and hotel properties in Canada and the United States. The company offers real estate management services, including acquisitions, development, dispositions, leasing, performance measurement, and asset and property management; real estate investment advisory services; and investment products across equity, fixed income, and balanced portfolios to institutional clients and private investors. It owns a portfolio of asset comprising multi-suite residential, retail, office, industrial, and hotel properties, including residential suites, commercial leasable space, and hotel rooms. The company is headquartered in Mississauga, Canada. Morguard Corporation operates as a subsidiary of Paros Enterprises Limited.
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