Morguard (OTC) (MRC) AI Stock Analysis

• Market Cap: $1.26B
• Dividend Yield: 0.64%
• Average Volume (3M): 1.38K
• Price to Earnings (P/E): 6.7
• Beta (1Y): 0.29
• Revenue Growth: -4.72%
• EPS Growth: -6.12%
• Country: CA
• Employees: 1,000
• Sector: Real Estate
• Sector Strength: 50
• Industry: Real Estate - Diversified
• EPS (TTM): 5.05
• Shares Outstanding: 10,703,919
• 10 Day Avg. Volume: 1,546
• 30 Day Avg. Volume: 1,376
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 5.44
• Enterprise Value/Revenue: 6.15
• Enterprise Value/Gross Profit: 12.79
• Enterprise Value/Ebitda: 13.31
• 1Y Price Target: $139.99
• Price Target Upside: 18.88% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 70 Outperform
• Price Target: C$130.00 ▲(10.39% Upside)

Morguard's stock is supported by strong technical indicators and an attractive valuation, suggesting potential upside. However, financial performance is mixed with high leverage and declining profitability, which could pose risks. The absence of earnings call data and corporate events means these factors do not influence the score.

Morguard (OTC) Business Overview & Revenue Model

Company Description

Morguard Corporation (OTC: MRC) is a Canadian real estate investment and management company that operates in the commercial, residential, and retail sectors. With a diversified portfolio that includes office buildings, shopping centers, and multi-family residential properties, Morguard focuses on maximizing the value of its assets through proactive management and strategic investments. The company is committed to enhancing the quality of life in the communities it serves, while delivering sustainable returns to its shareholders.

How the Company Makes Money

Morguard generates revenue primarily through rental income from its extensive portfolio of properties, which includes both commercial and residential real estate. The company leases space to tenants in its office buildings, shopping centers, and residential units, creating a consistent stream of cash flow. Additionally, Morguard engages in property management services for third-party clients, which contributes to its revenue. The company also benefits from property appreciation, as the value of its real estate holdings increases over time. Strategic partnerships with other real estate firms and investment entities further enhance Morguard's ability to acquire and manage properties effectively, contributing to its overall earnings.

Morguard (OTC) Financial Statement Overview

Summary

Morguard exhibits solid financial performance with strong profitability margins and efficient cash management. However, a declining net profit margin and moderate leverage suggest potential risks if earnings decline. Overall, the financial position is stable with room for improvement in net income efficiency.

Income Statement

The income statement shows healthy profitability with a TTM gross profit margin of 48.1% and EBIT margin of 57.2%. However, the net profit margin has declined to 17.0% from 23.6% last year. Revenue growth is slightly positive year-over-year, indicating stability in sales. The EBIT and EBITDA margins are strong, reflecting efficient operations despite the dip in net income.

Balance Sheet

The balance sheet reflects moderate leverage with a debt-to-equity ratio of 1.26, suggesting an increased risk of financial instability if earnings decline. The equity ratio of 36.6% is fairly stable, indicating a balanced capital structure. Return on equity is at 4.4%, indicating room for improvement in earnings efficiency.

Cash Flow

Cash flow from operations adequately covers net income, with an operating cash flow to net income ratio of 1.24, indicating strong cash generation. Free cash flow growth is slightly negative, affected by reduced net income, yet remains positive, ensuring liquidity. The free cash flow to net income ratio is robust at 1.22, suggesting strong cash conversion.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.11B	1.11B	1.23B	1.12B	1.02B	1.03B
Gross Profit	535.22M	518.72M	634.03M	500.36M	533.30M	533.32M
EBITDA	514.54M	557.29M	362.60M	535.04M	427.23M	-51.99M
Net Income	189.49M	261.80M	74.18M	122.77M	249.76M	-250.05M
Balance Sheet
Total Assets	11.89B	11.76B	11.62B	11.71B	11.49B	11.05B
Cash, Cash Equivalents and Short-Term Investments	152.32M	140.72M	116.52M	111.81M	173.66M	142.09M
Total Debt	5.51B	5.44B	5.81B	5.80B	5.80B	5.83B
Total Liabilities	7.14B	7.04B	7.28B	7.32B	7.32B	7.14B
Stockholders Equity	4.35B	4.29B	3.89B	3.87B	3.63B	3.37B
Cash Flow
Free Cash Flow	231.05M	260.21M	288.52M	251.19M	264.77M	209.80M
Operating Cash Flow	234.85M	263.49M	297.89M	252.85M	265.44M	211.94M
Investing Cash Flow	-173.79M	371.39M	-332.16M	-84.51M	-125.62M	-68.09M
Financing Cash Flow	-49.32M	-613.37M	37.65M	-234.49M	-106.63M	-122.85M

Morguard (OTC) Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 117.76
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• 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 Neutral. The current price of 117.76 is below the 20-day moving average (MA) of 117.76, above the 50-day MA of 116.46, and above the 200-day MA of 115.38, indicating a neutral trend. The MACD of 0.28 indicates Positive momentum. The RSI at 50.23 is Neutral, neither overbought nor oversold. The STOCH value of 30.27 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:MRC.

Morguard (OTC) Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PMZ.UN	75 Outperform	C$1.61B	25.84	3.26%	5.65%	23.01%	-50.29%
MRC	70 Outperform	$1.26B	6.66	4.37%	0.64%	-4.72%	-6.12%
MRG.UN	68 Neutral	C$942.25M	10.05	4.86%	4.02%	3.93%	-29.40%
Sector *	64 Neutral	C$2.00B	5.83	-1.00%	5.17%	1.82%	-17.96%
AP.UN	61 Neutral	$2.51B	―	-9.62%	9.81%	3.06%	-5.77%
NWH.UN	51 Neutral	C$1.21B	―	-6.30%	7.47%	-15.23%	73.12%
HOM.UN	51 Neutral	C$663.37M	―	-10.24%	4.60%	-1.10%	61.83%

Morguard (OTC) Corporate Events

Morguard Corporation Reports Steady Q2 2025 Financial Performance Amid Market Challenges

Morguard Corporation reported its financial results for the second quarter of 2025, highlighting a strong liquidity position with $307 million and a stable asset base of $11.8 billion. The company experienced a slight increase in total revenue to $280.4 million, driven by higher average monthly rent, despite challenges such as increased vacancy rates and the expiry of a significant lease. Net income saw a minor decrease to $54.9 million, attributed to increased tax provisions and vacancy costs, although these were partially offset by gains in fair value of properties.

The most recent analyst rating on (TSE:MRC) stock is a Hold with a C$140.00 price target. To see the full list of analyst forecasts on Morguard (OTC) stock, see the TSE:MRC Stock Forecast page.

Morguard Corporation Expands Stake in Real Estate Investment Trust

Morguard Corporation has increased its ownership in Morguard Real Estate Investment Trust by acquiring 1,364,062 trust units, raising its stake from 82.30% to 83.49%. This strategic acquisition, valued at $7,644,227.25, was executed through the Toronto Stock Exchange and the REIT’s distribution reinvestment plan. The move underscores Morguard’s commitment to expanding its investment portfolio and strengthening its position in the real estate market.

The most recent analyst rating on (TSE:MRC) stock is a Hold with a C$140.00 price target. To see the full list of analyst forecasts on Morguard (OTC) stock, see the TSE:MRC Stock Forecast page.