Morguard North American Residential Real Estate Investment Trust (MRG-UN.TO)

CAD 17.49

(-2.18%)

Market Cap (In CAD)

637.66 Million

Revenue (In CAD)

331.62 Million

Net Income (In CAD)

176.33 Million

Avg. Volume

32.35 Thousand

Currency
CAD
Country
Real Estate
Open
-
Prev. Close
-
Day Range
-
Year Range
14.32-19.53
PE
-
EPS
-
Beta Value
1.207
ISIN
CA61761E1007
CUSIP
61761E100
CIK
-
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Real Estate
Industry
REIT - Residential
CEO
Mr. Kuldip Rai Sahi FCA, FCGA, FCPA
Employee Count
-
Website
https://www.morguard.com
Ipo Date
2014-02-06
Details
The REIT is an unincorporated, open-ended real estate investment trust established under and governed by the laws of the Province of Ontario. The Units of the REIT trade on the Toronto Stock Exchange under the ticker symbol MRG.UN. With a strategic focus on the acquisition of high-quality multi-suite residential properties in Canada and the United States, the REIT maximizes long-term Unit value through active asset and property management. The REIT's portfolio is comprised of 13,275 residential suites (as of October 27, 2020) located in Alberta, Ontario, Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia and Maryland with an appraised value of approximately $3.1 billion at September 30, 2020.

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