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1 Comment
Morguard North American Residential Real Estate Investment Trust is currently in a long term uptrend where the price is trading 10.8% above its 200 day moving average.
From a valuation standpoint, the stock is 95.8% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 2.4.
Morguard North American Residential Real Estate Investment Trust's total revenue sank by 0.4% to $61M since the same quarter in the previous year.
Its net income has dropped by 79.1% to $7M since the same quarter in the previous year.
Finally, its free cash flow fell by 63.4% to $9M since the same quarter in the previous year.
Based on the above factors, Morguard North American Residential Real Estate Investment Trust gets an overall score of 2/5.
| Industry | REIT - Residential |
|---|---|
| Exchange | TO |
| CurrencyCode | CAD |
| ISIN | CA61761E1007 |
| Sector | Real Estate |
| Market Cap | 1B |
|---|---|
| PE Ratio | 13.36 |
| Target Price | 21.125 |
| Beta | 0.93 |
| Dividend Yield | 4.8% |
Morguard North American Residential Real Estate Investment Trust is an unincorporated, open-end real estate investment trust listed on the Toronto Stock Exchange (TSX) under the symbol MRG.UN. REIT owns a diversified portfolio of 43 real estate properties in North America. The real estate portfolio consists of 16 Canadian residential apartment communities located in Alberta and Ontario as well as 26 U.S. residential apartment communities and one retail property located in Colorado, Florida, Georgia, Illinois, Louisiana, Maryland, North Carolina, Texas, and Virginia consisting of 12,315 residential suites and 222,500 square feet of commercial gross leasable area. Morguard North American Residential Real Estate Investment Trust was incorporated in 2012 in Ontario, Canada.
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