FY2027 Earnings Forecast for TSE:MRG Issued By Desjardins

Morguard North American (TSE:MRG) – Desjardins reduced their FY2027 EPS estimates for shares of Morguard North American in a research report issued to clients and investors on Friday, October 31st. Desjardins analyst A. Leon now anticipates that the company will post earnings per share of $1.83 for the year, down from their previous estimate of $1.88.

Separately, Royal Bank Of Canada cut shares of Morguard North American from a “moderate buy” rating to a “hold” rating in a research report on Friday. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Morguard North American Stock Performance

Morguard North American has a 52-week low of C$13.17 and a 52-week high of C$16.21.

Morguard North American Company Profile

Morguard North American Residential Real Estate Investment Trust (the Trust) is a real estate investment trust (REIT). The Trust’s investment objectives are to generate stable and growing cash distributions on a tax-efficient basis; enhance the value of the REIT’s assets and maximize long-term Unit value through active asset and property management, and expand the asset base of the REIT and increase adjusted funds from operations per Unit primarily through acquisitions and improvement of its properties through targeted deployed capital expenditures.