Dividend YieldThe stock offers an 11% covered dividend yield with the potential for considerable multiple expansion.
Financial PerformanceAnalyst's recommendation is a Buy rating for Millrose Properties Inc. with an implied total return of 21%, including a 10% anticipated dividend yield.
ValuationMRP currently trades at a 34% discount to its book value per share, and this discount is expected to narrow as the company demonstrates consistency in cash flow generation.