Insider Buying: Millrose Properties (NYSE:MRP) Director Purchases $121,320.00 in Stock

Posted by Stanley Muller on May 22nd, 2026

Millrose Properties, Inc. (NYSE:MRP – Get Free Report) Director Matthew Gorson bought 4,500 shares of Millrose Properties stock in a transaction that occurred on Monday, May 18th. The stock was purchased at an average cost of $26.96 per share, for a total transaction of $121,320.00. Following the acquisition, the director owned 35,750 shares of the company’s stock, valued at $963,820. This represents a 14.40% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Millrose Properties Stock Down 0.6%

MRP stock opened at $27.48 on Friday. The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 0.41. Millrose Properties, Inc. has a twelve month low of $26.30 and a twelve month high of $36.00. The company’s 50 day moving average is $28.89 and its two-hundred day moving average is $30.04. The stock has a market cap of $4.24 billion, a P/E ratio of 9.85 and a beta of 0.59.

Millrose Properties (NYSE:MRP – Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.74 earnings per share for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.03). Millrose Properties had a return on equity of 7.90% and a net margin of 64.96%.The company had revenue of $194.93 million for the quarter. The business’s revenue was up 135.7% on a year-over-year basis.

Millrose Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Friday, April 3rd were issued a dividend of $0.76 per share. The ex-dividend date of this dividend was Thursday, April 2nd. This is an increase from Millrose Properties’s previous quarterly dividend of $0.75. This represents a $3.04 dividend on an annualized basis and a yield of 11.1%. Millrose Properties’s dividend payout ratio is 108.96%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on MRP shares. Weiss Ratings cut shares of Millrose Properties from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Wall Street Zen cut shares of Millrose Properties from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $37.67.

Check Out Our Latest Stock Report on MRP

Hedge Funds Weigh In On Millrose Properties

A number of institutional investors have recently modified their holdings of the business. Janus Henderson Group PLC increased its holdings in shares of Millrose Properties by 36.2% in the 1st quarter. Janus Henderson Group PLC now owns 72,600 shares of the company’s stock valued at $2,033,000 after acquiring an additional 19,300 shares during the period. Adelante Capital Management LLC increased its holdings in shares of Millrose Properties by 101.3% in the 1st quarter. Adelante Capital Management LLC now owns 443,990 shares of the company’s stock valued at $12,431,000 after acquiring an additional 223,423 shares during the period. California State Teachers Retirement System increased its holdings in shares of Millrose Properties by 0.8% in the 1st quarter. California State Teachers Retirement System now owns 187,443 shares of the company’s stock valued at $5,248,000 after acquiring an additional 1,520 shares during the period. Royal Bank of Canada increased its holdings in shares of Millrose Properties by 16.1% in the 1st quarter. Royal Bank of Canada now owns 30,881 shares of the company’s stock valued at $864,000 after acquiring an additional 4,290 shares during the period. Finally, Hawk Ridge Capital Management LP increased its holdings in shares of Millrose Properties by 1.7% in the 1st quarter. Hawk Ridge Capital Management LP now owns 669,109 shares of the company’s stock valued at $18,735,000 after acquiring an additional 11,100 shares during the period.

About Millrose Properties

(Get Free Report)

Millrose Properties Corp is a publicly traded real estate investment trust that focuses on the acquisition, ownership and development of industrial and logistics properties. The company seeks to capitalize on the growing demand for modern warehouse facilities driven by e-commerce, freight distribution and last-mile delivery requirements. Millrose structures its investments to generate stable, long-term rental income through diversified lease agreements with industrial and logistics operators.

The firm’s core activities include sourcing strategically located industrial assets, overseeing property management operations and executing targeted development or renovation projects.