Morguard (TSE:MRC – Get Free Report) released its quarterly earnings results on Wednesday. The real estate investment trust reported C$8.00 earnings per share for the quarter, FiscalAI reports. Morguard had a return on equity of 4.61% and a net margin of 18.49%. The firm had revenue of C$282.20 million for the quarter.
Morguard Price Performance
Shares of TSE:MRC opened at C$109.78 on Thursday. Morguard has a one year low of C$108.70 and a one year high of C$127.40. The company has a debt-to-equity ratio of 123.43, a current ratio of 0.42 and a quick ratio of 0.13. The firm has a market capitalization of C$1.17 billion, a price-to-earnings ratio of 5.69 and a beta of 0.11. The company’s fifty day moving average price is C$113.59 and its 200-day moving average price is C$116.97.
Insider Buying and Selling
In other news, insider Sime Armoyan bought 34,200 shares of Morguard stock in a transaction that occurred on Monday, August 31st. The shares were acquired at an average price of C$104.30 per share, with a total value of C$3,567,060.00. Following the completion of the purchase, the insider directly owned 1,456,223 shares in the company, valued at C$151,884,058.90. The trade was a 2.41% increase in their ownership of the stock. Insiders acquired a total of 71,900 shares of company stock valued at $7,880,585 over the last quarter. 72.99% of the stock is owned by corporate insiders.
About Morguard
Morguard Corporation is a real estate investment company listed on the Toronto Stock Exchange (TSX: MRC). The company and its subsidiaries, Morguard REIT (TSX: MRT.UN) and Morguard North American Residential REIT (TSX: MRG.UN), own a diversified portfolio of real estate assets across multiple classes, including office, industrial, retail, multi-suite residential and hotel. Morguard also provides real estate management services to institutional and other investors. As at September 30, 2025, Morguard’s owned and managed portfolio of assets was valued at $19 billion.
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