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| Exchange | NYSE |
|---|---|
| CurrencyCode | USD |
| ISIN | US6011371027 |
| Sector | Real Estate |
| Industry | REIT - Residential |
| Dividend Yield | 9.0% |
|---|---|
| Beta | nan |
| Market Cap | 5B |
| PE Ratio | 11.18 |
| Target Price | 38.6 |
Millrose Properties, Inc. is the premier homesite option platform for residential homebuilders. The company specializes in the acquisition and horizontal development of land to provide a predictable, just-in-time supply of finished homesites " the scarcest and mission-critical resource in the homebuilding industry. Unlike traditional land bankers, Millrose utilizes a proprietary technology platform that provides real-time feedback and data analytics to drive acquisition decisions. Every transaction in the Millrose portfolio undergoes rigorous independent due diligence to ensure attractive yields and long-term viability. By enabling an asset-light model, Millrose provides its diverse roster of homebuilder partners with the strategic flexibility to maintain production volumes and optimize balance sheet efficiency across all market environments.
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