Morguard Corporation (T:MRC)
Business Focus: Real Estate Rental, Development & Operations (NEC)
Mostly sunny as of May 01, 2024
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Insider Filings
Latest 10 SEDI filings for MRC within the last 6 months
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Company News
May 10, 2024 11:40 ET
Morguard Corporation Announces Voting Results from the 2024 Annual Meeting of Shareholders
MISSISSAUGA, ON, May 10, 2024 /CNW/ - Morguard Corporation (the "Corporation") (TSX: MRC) today announced the results of matters voted on at its annual shareholders' meeting held on May 8, 2024 (the "Meeting"), which included the election of directors of the Corporation, all of the nominees listed in its management information circular dated March 14, 2024. The voting results for each of the matters presented at the Meeting are presented below.
May 09, 2024 18:10 ET
Performance with Positive Impacts: Morguard Releases 2023 ESG Report
Morguard maintains its commitment to reduce environmental impacts and support communities where we live and work.
Valuation Ratios
Industry
Sector
Beta
1.19
--
--
Price to Sales - TTM
0.99
4.79
3.33
Price to Book - most recent quarter
0.30
0.94
1.15
Price to Cash Flow per share - TTM
--
7.10
9.95
Price to Free Cash Flow per share - TTM
4.32
18.59
20.05
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Apr 30, 2024 | 1,132 | 60 |
| Apr 15, 2024 | 1,072 | -2,039 |
| Mar 31, 2024 | 3,111 | 525 |
Business Summary
| Sector: Real Estate | Industry: Real Estate Rental, Development & Operations |
Morguard Corporation is a Canada-based real estate company. The Company's principal activities include property ownership, development and investment advisory services. Property ownership encompasses interests in multi-suite residential, commercial and hotel properties located in Canada and the United States. The Company owns a diversified portfolio of 178 multi-suite residential, retail, office, industrial and hotel properties comprised of 17,566 residential suites, approximately 17.1 million square feet of commercial leasable space. The Company also owns a 65.0% interest in Morguard Real Estate Investment Trust and a 45.3% effective interest in Morguard North American Residential Real Estate Investment Trust. It also provides advisory and management services to institutional and other investors. The Company's subsidiaries include Morguard Real Estate Investment Trust and Morguard North American Residential Real Estate Investment Trust.
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