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| Exchange | NYSE |
|---|---|
| CurrencyCode | USD |
| ISIN | US6011371027 |
| Sector | Real Estate |
| Industry | REIT - Residential |
| Dividend Yield | 5.7% |
|---|---|
| Beta | nan |
| Market Cap | 5B |
| PE Ratio | 24.01 |
| Target Price | 38.6 |
Millrose purchases and develops residential land and sells finished homesites to homebuilders by way of option contracts with predetermined costs and takedown schedules. Millrose serves as a solution for homebuilders seeking to expand access to finished homesites while implementing an asset-light strategy. As fully developed homesites are sold by Millrose, capital is recycled into future land acquisitions for homebuilders, providing customers with durable access to community growth.
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