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MCAN Mortgage Corp. (TSE:MKP)
TSX:MKP
MKP Stock Chart & Stats
Day’s Range― - ―
52-Week RangeC$15.52 - C$19.86
Previous CloseN/A
Volume38.79K
Average Volume (3M)52.18K
Market Cap
C$713.84M
Enterprise ValueC$2.95B
Total Cash (Recent Filing)C$108.16M
Total Debt (Recent Filing)C$2.11B
Price to Earnings (P/E)8.9
Beta0.63
Next Earnings
May 12, 2025EPS Estimate
0.52Last Dividend Ex-Date
Mar 14, 2025Dividend Yield8.62%
Share Statistics
EPS (TTM)2.07
Shares Outstanding38,901,215
10 Day Avg. Volume62,165
30 Day Avg. Volume52,182
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 Upside9.17% Upside
Rating ConsensusHold
Number of Analyst Covering1
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MCAN Mortgage News
PremiumCompany Announcements
MCAN Financial Group Honored for Exemplary Corporate Culture
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 ChangePremiumCompany Announcements
MCAN Financial Group Sees Strong Q3 Growth
PremiumCompany Announcements
MCAN Financial Welcomes New CFO Santokh Birk---
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.
Financial PerformanceMKP is performing well in a soft housing market underpinned by its margin focus, rising market share and operational efficiency.
Market ProspectsProspects look more favorable, supported by expectations for a more active housing market and corporate spreads improving.
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
17.84% Insiders
<0.01%
Mutual Funds
― Other Institutional Investors
82.10% 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$15.52 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$713.84M.
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 19 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 8.62%. 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
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
C$20.00 (9.17% Upside)
C$20.00 (9.17% Upside)
Insider Transactions
Sold Shares
Worth C$1.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.2%
Last 30 Days ▲ 10.8%
Last 30 Days ▲ 10.8%
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
28.86%
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 (MKP) is a Canadian financial institution that operates within the mortgage and lending sectors. The company primarily focuses on originating and investing in residential mortgages, commercial mortgages, and other types of real estate loans. MCAN Mortgage is also involved in the securitization of insured mortgages and participates in the Canada Mortgage Bond Program.
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MKP Stock 12 Month Forecast
Average Price Target
C$20.00
▲(9.17% Upside)
Technical Analysis
Toronto Dominion Bank
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Canadian Bank of Commerce
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Laurentian Bank
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First National Financial
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Best Analysts Covering MKP
1 Year
1 Year Success Rate
2/2 ratings generated profit
1 Year Average Return
+3.65%
reiterated a buy rating 4 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 +3.65% per trade.
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