Millrose Properties Reports Strong Q1 2025 Results

Millrose Properties Inc Class A ( (MRP) ) just unveiled an update.

On May 14, 2025, Millrose Properties, Inc. announced its first quarter 2025 financial results, marking its first earnings report as an independent entity following its spin-off from Lennar Corporation on February 7, 2025. The company reported strong financial performance with a net income of $64.8 million and a book value per share of $35.40, driven by its innovative Homesite Option Purchase Platform. Millrose declared its inaugural dividend and highlighted significant investments, including a $700 million commitment to acquire homesites in partnership with New Home Company. The company raised its full-year 2025 guidance for transaction funding to $1.5 billion, reflecting increased demand, and secured a $1 billion delayed draw term loan commitment to support its investment pace.

The most recent analyst rating on (MRP) stock is a Buy with a $30.00 price target. To see the full list of analyst forecasts on Millrose Properties Inc Class A stock, see the MRP Stock Forecast page.

More about Millrose Properties Inc Class A

Millrose Properties, Inc. is a company that purchases and develops residential land, selling finished homesites to homebuilders through option contracts with predetermined costs and takedown schedules. It serves as a solution for homebuilders seeking to expand access to finished homesites while implementing an asset-light strategy.

Average Trading Volume: 1,843,417

See more data about MRP stock on TipRanks’ Stock Analysis page.