Millrose Properties (NYSE:MRP) Hits New 52-Week Low – Time to Sell?

Posted by Brian Himes on Sep 28th, 2026

Millrose Properties, Inc. (NYSE:MRP – Get Free Report) reached a new 52-week low during mid-day trading on Monday. The stock traded as low as $26.28 and last traded at $26.38, with a volume of 1666169 shares changing hands. The stock had previously closed at $27.19.

Analysts Set New Price Targets

Separately, Weiss Ratings raised Millrose Properties from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, September 16th. One investment analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $37.67.

Read Our Latest Research Report on Millrose Properties

Millrose Properties Stock Performance

The firm has a fifty day moving average of $29.50 and a 200 day moving average of $29.08. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.05 and a quick ratio of 0.05. The stock has a market capitalization of $4.06 billion, a price-to-earnings ratio of 9.18 and a beta of 0.41.

Millrose Properties (NYSE:MRP – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $0.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $0.01. Millrose Properties had a return on equity of 8.13% and a net margin of 62.60%.The company had revenue of $196.85 million during the quarter.

Millrose Properties Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Monday, October 5th will be paid a $0.79 dividend. The ex-dividend date is Monday, October 5th. This represents a $3.16 annualized dividend and a dividend yield of 12.0%. This is an increase from Millrose Properties’s previous quarterly dividend of $0.77. Millrose Properties’s dividend payout ratio (DPR) is presently 107.32%.

Insider Transactions at Millrose Properties

In other Millrose Properties news, Director Carlos A. Migoya acquired 1,000 shares of the company’s stock in a transaction on Friday, August 7th. The shares were bought at an average cost of $29.18 per share, with a total value of $29,180.00. Following the completion of the acquisition, the director owned 30,075 shares in the company, valued at approximately $877,588.50. This trade represents a 3.44% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Matthew B. Gorson acquired 3,000 shares of the business’s stock in a transaction dated Monday, August 10th. The stock was acquired at an average price of $28.80 per share, with a total value of $86,400.00. Following the completion of the transaction, the director directly owned 38,750 shares of the company’s stock, valued at approximately $1,116,000. This represents a 8.39% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 0.23% of the company’s stock.

Institutional Investors Weigh In On Millrose Properties

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Cannell & Spears LLC grew its position in shares of Millrose Properties by 1.4% in the first quarter. Cannell & Spears LLC now owns 3,677,754 shares of the company’s stock valued at $102,723,000 after purchasing an additional 49,702 shares during the period. Norges Bank acquired a new stake in Millrose Properties in the 4th quarter worth about $101,800,000. Geode Capital Management LLC boosted its holdings in Millrose Properties by 29.1% in the 4th quarter. Geode Capital Management LLC now owns 2,909,575 shares of the company’s stock worth $86,928,000 after buying an additional 655,706 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in Millrose Properties during the 2nd quarter worth approximately $54,348,000. Finally, Moore Capital Management LP increased its stake in Millrose Properties by 275.0% during the 4th quarter. Moore Capital Management LP now owns 1,018,533 shares of the company’s stock worth $30,424,000 after buying an additional 746,923 shares in the last quarter.

About Millrose Properties

(Get Free Report)

Millrose Properties, Inc (NYSE: MRP) is a real estate company focused on providing land-banking solutions to residential homebuilders. The company acquires and develops residential land and finished lots, which it then makes available to homebuilders through long-term arrangements. This model is designed to help builders secure future community sites while reducing the amount of capital tied up in land acquisition and development.

Millrose primarily targets residential growth markets, including communities in the U.S.