Morguard (TSE:MRC) Stock Price Target Cut by Royal Bank Of Canada

Morguard (TSE:MRC) had its price target dropped by research analysts at Royal Bank Of Canada from C$150.00 to C$140.00 in a research report issued on Tuesday, BayStreet reports. The firm currently has a “sector perform” rating on the real estate investment trust’s stock. Royal Bank Of Canada‘s target price indicates a potential upside of 28.44% from the stock’s current price.

Morguard Trading Down 0.3%

TSE:MRC traded down C$0.37 during mid-day trading on Tuesday, reaching C$109.00. 150 shares of the company’s stock traded hands, compared to its average volume of 2,942. Morguard has a 12-month low of C$108.70 and a 12-month high of C$127.40. The firm has a market capitalization of C$1.16 billion, a price-to-earnings ratio of 4.59 and a beta of 0.11. The company has a debt-to-equity ratio of 119.73, a current ratio of 0.40 and a quick ratio of 0.13. The company has a 50 day moving average price of C$113.28 and a 200-day moving average price of C$116.83.

Morguard (TSE:MRC) last released its quarterly earnings data on Wednesday, November 4th. The real estate investment trust reported C$8.00 earnings per share for the quarter. The business had revenue of C$282.20 million during the quarter. Morguard had a return on equity of 5.58% and a net margin of 22.68%. On average, sell-side analysts predict that Morguard will post 26.15 earnings per share for the current year.

Insider Buying and Selling

In other Morguard news, insider Sime Armoyan purchased 1,000 shares of the company’s stock in a transaction that occurred on Friday, October 9th. The stock was bought at an average price of C$113.00 per share, with a total value of C$113,000.00. Following the completion of the purchase, the insider directly owned 1,480,423 shares of the company’s stock, valued at C$167,287,799. The trade was a 0.07% increase in their position. Insiders acquired a total of 71,900 shares of company stock valued at $7,880,585 over the last ninety days. Company insiders own 72.99% of the company’s stock.

Morguard Company Profile

Morguard Corporation is a real estate investment company listed on the Toronto Stock Exchange (TSX: MRC). The company and its subsidiaries, Morguard REIT (TSX: MRT.UN) and Morguard North American Residential REIT (TSX: MRG.UN), own a diversified portfolio of real estate assets across multiple classes, including office, industrial, retail, multi-suite residential and hotel. Morguard also provides real estate management services to institutional and other investors. As at September 30, 2025, Morguard’s owned and managed portfolio of assets was valued at $19 billion.