TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Morguard (OTC) ( (TSE:MRC) ) just unveiled an update.
Morguard Corporation reported its financial results for the second quarter of 2025, highlighting a strong liquidity position with $307 million and a stable asset base of $11.8 billion. The company experienced a slight increase in total revenue to $280.4 million, driven by higher average monthly rent, despite challenges such as increased vacancy rates and the expiry of a significant lease. Net income saw a minor decrease to $54.9 million, attributed to increased tax provisions and vacancy costs, although these were partially offset by gains in fair value of properties.
The most recent analyst rating on (TSE:MRC) stock is a Hold with a C$140.00 price target. To see the full list of analyst forecasts on Morguard (OTC) stock, see the TSE:MRC Stock Forecast page.
Spark’s Take on TSE:MRC Stock
According to Spark, TipRanks’ AI Analyst, TSE:MRC is a Neutral.
Morguard’s strong financial performance and strategic corporate actions support a positive outlook. Technical indicators suggest stable momentum, and the low P/E ratio indicates potential undervaluation. Governance stability further enhances the investment case.
To see Spark’s full report on TSE:MRC stock, click here.
More about Morguard (OTC)
Morguard Corporation operates in the real estate industry, focusing on the ownership, management, and development of diversified real estate properties across North America, including residential, commercial, and hotel properties.
Average Trading Volume: 2,508
Technical Sentiment Signal: Buy
Current Market Cap: C$1.26B
For a thorough assessment of MRC stock, go to TipRanks’ Stock Analysis page.