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MacKenzie Realty Capital, Inc.
(NASDAQ:MKZR)
MacKenzie Realty Capital, Inc. (MKZR) vs. SPDR S&P 500 ETF (SPY)
MacKenzie Realty Capital, Inc. Business Overview & Revenue Model
MacKenzie Realty Capital, Inc. Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2023 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 17.01M | 22.06M | 15.11M | 15.74M | 10.37M | 4.48M |
| Gross Profit | 7.11M | -7.39M | 3.07M | 5.99M | 1.49M | -1.46M |
| EBITDA | -258.04K | 5.84M | 8.68M | 2.05M | 11.18M | 1.80M |
| Net Income | -22.19M | -23.97M | -4.10M | -12.08M | 4.56M | 264.16K |
Balance Sheet | ||||||
| Total Assets | 228.96M | 235.99M | 213.16M | 233.09M | 182.56M | 138.55M |
| Cash, Cash Equivalents and Short-Term Investments | 4.85M | 3.79M | 17.24M | 11.85M | 7.40M | 4.83M |
| Total Debt | 142.68M | 137.27M | 94.94M | 118.50M | 69.43M | 39.53M |
| Total Liabilities | 151.01M | 142.45M | 102.15M | 125.14M | 78.34M | 41.19M |
| Stockholders Equity | 56.73M | 59.86M | 98.91M | 82.36M | 97.85M | 97.11M |
Cash Flow | ||||||
| Free Cash Flow | -4.35M | -1.69M | -6.62M | -595.52K | 4.62M | 970.78K |
| Operating Cash Flow | -4.35M | -1.69M | -6.62M | -595.52K | 4.62M | 970.78K |
| Investing Cash Flow | -15.02M | -19.12M | 2.36M | -1.30M | -32.16M | -21.22M |
| Financing Cash Flow | 12.69M | 11.85M | 451.00K | -3.17M | 28.79M | 13.85M |
MacKenzie Realty Capital, Inc. Technical Analysis
MacKenzie Realty Capital, Inc. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
54 Neutral | $151.86M | -54.70 | 0.37% | 7.90% | -0.59% | -160.22% | |
49 Neutral | $7.58M | -0.27 | -33.51% | 85.57% | 26.56% | -20.97% | |
48 Neutral | $28.87M | -7.84 | -18.66% | 2.06% | -0.05% | -150.66% | |
40 Underperform | $4.69M | -0.42 | -26.78% | ― | -2.79% | 72.36% | |
39 Underperform | $4.03M | -0.39 | -904.27% | ― | -4.77% | 23.08% |
MacKenzie Realty Capital, Inc. Corporate Events
On December 12, 2025, MacKenzie Realty Capital announced a strategic review of its multi-family portfolio to enhance shareholder value. The company believes the net asset value of this portfolio significantly exceeds its market capitalization and is exploring options to align its share price more closely with the intrinsic value of its assets.
On November 18, 2025, MacKenzie Realty Capital reported its financial results for the first quarter ending September 30, 2025. The company experienced a decrease in net revenues by 8.3% compared to the same period in 2024, while its net operating loss and net loss both showed significant reductions. The Aurora at Green Valley project is now over 50% leased, with construction completed, indicating positive leasing activity. Despite the decline in revenue, the company is optimistic about achieving funds from operations profitability in the coming year, with a focus on growth initiatives and financial discipline.
On November 17, 2025, MacKenzie Realty Capital, Inc. held its annual meeting of stockholders where two proposals were on the agenda. The first proposal involved electing four directors to serve until the 2026 annual meeting, and all nominees were successfully elected. The second proposal was to ratify Baker Tilly, LLP as the independent registered public accounting firm for the fiscal year ending June 30, 2026, which was also approved by the stockholders.
On October 13, 2025, MacKenzie Realty Capital announced a tender offer to purchase up to 150,000 Class S shares of Starwood Real Estate Income Trust at a 22% discount to its estimated net asset value. This move provides Starwood shareholders an opportunity to liquidate their shares more quickly, given the oversubscribed redemption program. If successful, MacKenzie could realize a potential gross profit of $676,500. Additionally, MacKenzie’s adviser has increased its stake in the company, reflecting confidence in its financial health and growth prospects, as evidenced by an 84% improvement in AFFO profitability and progress in leasing its Aurora at Green Valley development.
On October 15, 2025, MacKenzie Realty Capital, Inc. announced the approval of regular dividends for Series A, B, and C Preferred shares for the quarter ending December 31, 2025. The dividends are payable to investors of record as of September 30, 2025, with varying amounts based on the date of acceptance into the Fund. This announcement reflects the company’s ongoing commitment to rewarding its investors and highlights the interest and investment opportunities it has attracted.
On September 30, 2025, MacKenzie Realty Capital announced its financial results for the fiscal year ending June 30, 2025, reporting a 40% increase in net revenues to $22.06 million compared to the previous year. Despite a net operating loss of $23.46 million, the company showed significant improvement in its financial metrics, with a reduction in negative funds from operations (FFO) by more than half and a decrease in negative adjusted FFO (AFFO) by 84%. Additionally, the completion of the Aurora at Green Valley development was announced, with the property now 31% leased. CEO Robert Dixon expressed satisfaction with the results, emphasizing the company’s focus on growth initiatives and financial discipline to create long-term value.