Millrose Properties Inc Class A (MRP)
NYSE:MRP
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MRP Stock Chart & Stats
$31.03
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Market closed
$31.03
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Day’s Range― - ―
52-Week Range$26.30 - $36.00
Previous CloseN/A
VolumeN/A
Average Volume (3M)1.51M
Market Cap
$4.35B
Enterprise Value$6.73B
Total Cash (Recent Filing)$49.28M
Total Debt (Recent Filing)$2.43B
Price to Earnings (P/E)10.1
Beta0.67
Next Earnings
Jul 30, 2026EPS Estimate
0.76Next Dividend Ex-DateN/A
Dividend Yield6.18%
Share Statistics
EPS (TTM)2.79
Shares Outstanding154,228,120
10 Day Avg. Volume1,451,268
30 Day Avg. Volume1,507,783
Financial Highlights & Ratios
PEG Ratio-0.05
Price to Book (P/B)0.85
Price to Sales (P/S)8.26
P/FCF Ratio1.35
Enterprise Value/Market Cap1.55
Enterprise Value/Revenue9.45
Enterprise Value/Gross Profit9.75
Enterprise Value/Ebitda11.04
Forecast
1Y Price Target
$35.00Price Target Upside12.79% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)3.14
Revenue Forecast (FY)$833.06M
Bulls Say, Bears Say
Bulls Say
Cash GenerationSustained, very strong operating and free cash flow provides durable internal funding for dividends, homesite investment and debt reduction. High cash conversion (FCF > net income) supports AFFO coverage and capital recycling, enabling strategic deployment without immediate reliance on equity markets.
Platform Scale & MoatNational scale and proprietary underwriting tech create network effects and a durable competitive advantage. Large, diversified homesite inventory and data-driven pricing underpin predictable option-fee income, deepen builder relationships, and lower unit operating costs as the platform scales over multiple housing cycles.
Liquidity & Unsecured CapacityA larger, unsecured credit facility and substantial liquidity materially reduce near-term refinancing risk and align funding with floating-rate homesite contracts. Enhanced lender confidence and flexible capacity support continued capital partnerships with builders and provide optionality for opportunistic deployment or controlled deleveraging.
Bears Say
Rising LeverageA rapid increase in absolute debt elevates interest-rate and covenant exposure, reducing financial flexibility. Higher leverage amplifies earnings volatility under downturns, limits room for opportunistic investment, and increases the likelihood of future capital raises or constrained payout policy if cash generation softens.
Historical Earnings DiscontinuityA pronounced multi-year performance swing complicates trend analysis and casts doubt on the persistence of the current run-rate. Reliability of AFFO and dividend coverage is harder to underwrite across cycles, increasing model risk and the chance that future stress periods reveal weaker recurring cash flows.
Industry Margin CompressionSustained compression in builder margins reduces demand for capital-intensive lots or forces deeper incentives, compressing Millrose's option yields and option-fee economics. Over time, tighter builder returns could slow new partnership growth, lower spreads versus cost of capital, and limit AFFO expansion absent pricing power or structural cost reductions.
Millrose Properties Inc Class A News
MRP FAQ
What was Millrose Properties Inc Class A’s price range in the past 12 months?
Millrose Properties Inc Class A lowest stock price was $26.30 and its highest was $36.00 in the past 12 months.
What is Millrose Properties Inc Class A’s market cap?
Millrose Properties Inc Class A’s market cap is $4.35B.
When is Millrose Properties Inc Class A’s upcoming earnings report date?
Millrose Properties Inc Class A’s upcoming earnings report date is Jul 30, 2026 which is in 60 days.
How were Millrose Properties Inc Class A’s earnings last quarter?
Millrose Properties Inc Class A released its earnings results on May 06, 2026. The company reported $0.74 earnings per share for the quarter, missing the consensus estimate of $0.767 by -$0.027.
Is Millrose Properties Inc Class A overvalued?
According to Wall Street analysts Millrose Properties Inc Class A’s price is currently Undervalued.
Does Millrose Properties Inc Class A pay dividends?
Millrose Properties Inc Class A pays a Quarterly dividend of $0.73 which represents an annual dividend yield of 6.18%. See more information on Millrose Properties Inc Class A dividends here
What is Millrose Properties Inc Class A’s EPS estimate?
Millrose Properties Inc Class A’s EPS estimate is 0.76.
How many shares outstanding does Millrose Properties Inc Class A have?
Millrose Properties Inc Class A has 154,228,120 shares outstanding.
What happened to Millrose Properties Inc Class A’s price movement after its last earnings report?
Millrose Properties Inc Class A reported an EPS of $0.74 in its last earnings report, missing expectations of $0.767. Following the earnings report the stock price went down -6.314%.
Which hedge fund is a major shareholder of Millrose Properties Inc Class A?
Currently, no hedge funds are holding shares in MRP
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Millrose Properties Inc Class A Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$35.00 (12.79% Upside)
$35.00 (12.79% Upside)
Blogger Sentiment
Bullish
MRP Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 4.8M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $6.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.4%
Last 30 Days ▼ 1.8%
Last 30 Days ▼ 1.8%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
11.75%
12-Months-Change
Fundamentals
Return on Equity
7.90%
Trailing 12-Months
Asset Growth
33.80%
Trailing 12-Months
Company Description
Millrose Properties Inc Class A
Millrose Properties is a Homesite Option Purchase Platform (HOPP'R), an evolution of residential land banking, accelerating homebuilders' capital-efficient growth of controlled land positions. As a publicly traded Homesite Option Purchase Platform, Millrose provides investors with a unique residential real estate backed income-generating investment opportunity historically limited to institutional investors.
MRP Company Deck
MRP Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized Millrose's recurring, contractual earnings, disciplined deployment and expanding, diversified platform. Management reported growth in invested capital, covered dividend, enhanced unsecured liquidity and operational scale, while noting modest yield compression tied to lower SOFR and industry-wide margin pressure. Near-term demand was described as choppy in March and some regional pockets (notably parts of Texas and select Florida submarkets) require selectivity. Management addressed potential future capital-raising considerations but currently has substantial unsecured capacity and $1.5 billion of liquidity. Overall, the positives (predictable AFFO growth, dividend coverage, diversification, capital structure improvements, and scalable operations) materially outweigh the lowlights (macro variability, margin compression, modest yield decline and targeted market headwinds).View all MRP earnings summariesMRP Stock 12 Month Forecast
Average Price Target
$35.00
▲(12.79% Upside)
Technical Analysis
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Ownership Overview
0.43% Insiders
23.07% Mutual Funds
21.28% Other Institutional Investors
26.12% Public Companies and Individual Investors