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MCAN Mortgage Corp. (TSE:MKP)
TSX:MKP
MKP Stock Chart & Stats
Day’s Range― - ―
52-Week RangeC$15.42 - C$19.86
Previous CloseN/A
Volume38.79K
Average Volume (3M)46.83K
Market Cap
C$710.73M
Enterprise ValueC$2.80B
Total Cash (Recent Filing)C$108.16M
Total Debt (Recent Filing)C$2.11B
Price to Earnings (P/E)8.9
Beta0.65
Next Earnings
May 12, 2025EPS Estimate
0.52Last Dividend Ex-Date
Mar 14, 2025Dividend Yield8.54%
Share Statistics
EPS (TTM)2.07
Shares Outstanding38,901,215
10 Day Avg. Volume50,031
30 Day Avg. Volume46,831
Financial Highlights & Ratios
PEG Ratio6.72
Price to Book (P/B)N/A
Price to Sales (P/S)5.45
Price to Cash Flow (P/CF)-5.20
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$20.00Price Target Upside9.47% Upside
Rating ConsensusHold
Number of Analyst Covering1
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MCAN Mortgage News
PremiumCompany Announcements
MCAN Mortgage Appoints Derek Sutherland as President and CEO
PremiumCompany Announcements
MCAN Financial Group Reports Solid 2024 Results and Increases Dividend
PremiumCompany Announcements
MCAN Mortgage Names Interim CEO Amid Leadership Change
PremiumCompany Announcements
MCAN Financial Group Sees Strong Q3 Growth
PremiumCompany Announcements
MCAN Financial Welcomes New CFO Santokh BirkPremiumCompany Announcements
MCAN Financial Announces Strong Q2 and Dividend---
Bulls Say, Bears Say
Bulls Say
Dividend YieldRegular dividend increased +5%, providing for a sustainable 8.9% dividend yield, which remains well-covered with a ~70% payout ratio.
Earnings GrowthEarnings growth appears set to resume supported by more accommodative monetary policies and expectation for spreads to stabilize.
Operational EfficiencyMKP is performing well in a soft housing market underpinned by its margin focus, rising market share and operational efficiency.
Bears Say
Impaired MortgagesImpaired mortgages tick higher to 246 bps of the corporate mortgage portfolio, mainly related to five construction mortgages.
Market RatingAnalyst reiterates a Market Perform rating, indicating a balanced risk-reward with the stock’s dividend yield normalizing to its long-term average.
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Options Prices
Currently, No data available
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Ownership Overview
18.17% Insiders
<0.01%
Mutual Funds
― Other Institutional Investors
81.82% Public Companies and
Individual Investors
MKP FAQ
What was MCAN Mortgage Corp.’s price range in the past 12 months?
MCAN Mortgage Corp. lowest stock price was C$15.42 and its highest was C$19.86 in the past 12 months.
What is MCAN Mortgage Corp.’s market cap?
MCAN Mortgage Corp.’s market cap is C$710.73M.
When is MCAN Mortgage Corp.’s upcoming earnings report date?
MCAN Mortgage Corp.’s upcoming earnings report date is May 12, 2025 which is in 42 days.
How were MCAN Mortgage Corp.’s earnings last quarter?
MCAN Mortgage Corp. released its earnings results on Feb 24, 2025. The company reported C$0.2 earnings per share for the quarter, missing the consensus estimate of C$0.47 by -C$0.27.
Is MCAN Mortgage Corp. overvalued?
According to Wall Street analysts MCAN Mortgage Corp.’s price is currently Undervalued.
Does MCAN Mortgage Corp. pay dividends?
MCAN Mortgage Corp. pays a Quarterly dividend of C$0.409 which represents an annual dividend yield of 8.54%. See more information on MCAN Mortgage Corp. dividends here
What is MCAN Mortgage Corp.’s EPS estimate?
MCAN Mortgage Corp.’s EPS estimate is 0.52.
How many shares outstanding does MCAN Mortgage Corp. have?
MCAN Mortgage Corp. has 38,901,215 shares outstanding.
What happened to MCAN Mortgage Corp.’s price movement after its last earnings report?
MCAN Mortgage Corp. reported an EPS of C$0.2 in its last earnings report, missing expectations of C$0.47. Following the earnings report the stock price went down -0.499%.
Which hedge fund is a major shareholder of MCAN Mortgage Corp.?
Currently, no hedge funds are holding shares in TSE:MKP
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MCAN Mortgage Stock Smart Score
Neutral
1
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5
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7
8
9
10
Analyst Consensus
Hold
Average Price Target:
C$20.00 (9.47% Upside)
C$20.00 (9.47% Upside)
Crowd Wisdom
Very Positive
Last 7 Days ▲ 7.9%
Last 30 Days ▲ 4.7%
Last 30 Days ▲ 4.7%
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
26.98%
12-Months-Change
Fundamentals
Return on Equity
13.72%
Trailing 12-Months
Asset Growth
12.84%
Trailing 12-Months
Company Description
MCAN Mortgage Corp.
MCAN Mortgage Corporation operates as a loan and mortgage investment corporation in Canada. The company offers single-family residential mortgages, as well as residential construction, non-residential construction, and commercial loans, as well as engages in the real estate investments trusts and private investment activities. It also provides term deposits through a network of independent financial agents. The company was formerly known as MCAP Inc. and changed its name to MCAN Mortgage Corporation in September 2006. MCAN Mortgage Corporation was founded in 1980 and is headquartered in Toronto, Canada.
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MKP Stock 12 Month Forecast
Average Price Target
C$20.00
▲(9.47% Upside)
Technical Analysis
Canadian Bank of Commerce
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Toronto Dominion Bank
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Laurentian Bank
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First National Financial
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Equitable Group
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Best Analysts Covering MKP
1 Year
1 Year Success Rate
2/2 ratings generated profit
1 Year Average Return
+3.35%
reiterated a buy rating 3 months ago
Copying Zachary Weisbrod's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +3.35% per trade.
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