Morguard (OTC) (MRC) AI Stock Analysis

• Market Cap: C$1.24B
• Dividend Yield: 0.69%
• Average Volume (3M): 1.23K
• Price to Earnings (P/E): 7.1
• Beta (1Y): 0.25
• Revenue Growth: -1.66%
• EPS Growth: 15.27%
• Country: CA
• Employees: 1,000
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Diversified
• EPS (TTM): 2.33
• Shares Outstanding: 10,678,094
• 10 Day Avg. Volume: 1,004
• 30 Day Avg. Volume: 1,229
• PEG Ratio: -0.22
• Price to Book (P/B): 0.28
• Price to Sales (P/S): 1.10
• P/FCF Ratio: 5.93
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$145.09
• Price Target Upside: 25.25% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): 16.42
• Revenue Forecast (FY): C$1.08B

• Rating: 67 Neutral
• Price Target: C$125.00 ▲(7.91% Upside)
• Action: Reiterated Date: 03/03/26
• Date: Action: Reiterated 03/03/26

The score is driven primarily by solid but risk-moderated financial performance (consistent free cash flow and decent margins, offset by leverage and volatility), supported by attractive valuation (low P/E and very high yield). Technical indicators are slightly bearish/neutral, limiting upside near term.

Positive Factors

Diversified recurring revenue

Morguard earns recurring operating income from rentals, management fees, development activity and investment distributions. This multi‑stream model stabilizes cash flow across cycles, supports predictable NOI, and reduces dependence on any single asset type or transaction timing.

Negative Factors

High financial leverage

Meaningful leverage raises sensitivity to interest rates and refinancing cycles, increasing funding risk if credit conditions tighten. High debt multiplies property valuation swings and constrains strategic moves like large acquisitions or opportunistic capex without additional capital or asset sales.

Morguard (OTC) Business Overview & Revenue Model

Company Description

Morguard Corporation, a real estate investment and management corporation, acquires, owns, and develops multi-suite residential, commercial, and hotel properties in Canada and the United States. As of February 25, 2022, the company owned a portfol...

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Morguard Corporation, a real estate investment and management corporation, acquires, owns, and develops multi-suite residential, commercial, and hotel properties in Canada and the United States. As of February 25, 2022, the company owned a portfol...

How the Company Makes Money

Morguard generates revenue through multiple streams primarily related to its real estate operations. The core revenue model includes rental income from its owned and managed properties, which provides a stable cash flow. Additionally, Morguard ear...

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Morguard generates revenue through multiple streams primarily related to its real estate operations. The core revenue model includes rental income from its owned and managed properties, which provides a stable cash flow. Additionally, Morguard ear...

Morguard (OTC) Financial Statement Overview

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.12B	1.11B	1.23B	1.12B	1.02B
Gross Profit	607.03M	518.72M	634.03M	500.36M	533.30M
EBITDA	503.20M	557.29M	362.60M	535.04M	427.23M
Net Income	174.87M	261.80M	74.18M	122.77M	249.76M
Balance Sheet
Total Assets	11.84B	11.76B	11.62B	11.71B	11.49B
Cash, Cash Equivalents and Short-Term Investments	184.62M	140.72M	116.52M	111.81M	173.66M
Total Debt	5.62B	5.44B	5.81B	5.80B	5.80B
Total Liabilities	7.07B	7.04B	7.28B	7.32B	7.32B
Stockholders Equity	4.39B	4.29B	3.89B	3.87B	3.63B
Cash Flow
Free Cash Flow	209.29M	260.21M	288.52M	251.19M	264.77M
Operating Cash Flow	214.44M	263.49M	297.89M	252.85M	265.44M
Investing Cash Flow	-205.82M	371.39M	-332.16M	-84.51M	-125.62M
Financing Cash Flow	40.59M	-613.37M	37.65M	-234.49M	-106.63M

Morguard (OTC) Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 115.84
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MRC, the sentiment is Positive. The current price of 115.84 is above the 20-day moving average (MA) of 115.22, above the 50-day MA of 115.44, and below the 200-day MA of 115.87, indicating a neutral trend. The MACD of 0.06 indicates Negative momentum. The RSI at 54.43 is Neutral, neither overbought nor oversold. The STOCH value of 28.75 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:MRC.

Morguard (OTC) Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MRG.UN	70 Outperform	C$904.53M	8.80	5.16%	4.41%	3.83%	63.32%
MEQ	69 Neutral	C$1.69B	8.83	17.29%	0.09%	10.61%	43.64%
MRC	67 Neutral	C$1.24B	7.10	5.23%	0.69%	-1.66%	15.27%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
KMP.UN	61 Neutral	C$2.01B	69.28	0.93%	4.42%	6.19%	79.98%
MRT.UN	49 Neutral	C$444.06M	-25.11	-1.91%	3.85%	-5.37%	13.86%
AP.UN	45 Neutral	C$1.35B	-1.41	-10.26%	13.67%	1.86%	1.84%

Morguard (OTC) Corporate Events