Insider Buying: Millrose Properties (NYSE:MRP) Director Acquires $86,400.00 in Stock

Posted by Francis Steltz on Aug 10th, 2026

Millrose Properties, Inc. (NYSE:MRP – Get Free Report) Director Matthew Gorson bought 3,000 shares of the business’s stock in a transaction dated Monday, August 10th. The shares were bought at an average cost of $28.80 per share, for a total transaction of $86,400.00. Following the transaction, the director owned 38,750 shares in the company, valued at approximately $1,116,000. The trade was a 8.39% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Millrose Properties Trading Down 0.5%

MRP traded down $0.15 during trading on Monday, reaching $28.83. The company had a trading volume of 913,747 shares, compared to its average volume of 1,467,095. The company has a quick ratio of 0.05, a current ratio of 0.05 and a debt-to-equity ratio of 0.42. The business has a 50 day simple moving average of $28.83 and a 200-day simple moving average of $29.30. The stock has a market cap of $4.45 billion, a P/E ratio of 10.05 and a beta of 0.39. Millrose Properties, Inc. has a 52 week low of $26.30 and a 52 week high of $36.00.

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

Millrose Properties Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Monday, July 6th were paid a $0.77 dividend. The ex-dividend date of this dividend was Monday, July 6th. This is an increase from Millrose Properties’s previous quarterly dividend of $0.76. This represents a $3.08 annualized dividend and a yield of 10.7%. Millrose Properties’s payout ratio is 107.32%.

Hedge Funds Weigh In On Millrose Properties

A number of hedge funds and other institutional investors have recently made changes to their positions in MRP. Baird Financial Group Inc. purchased a new stake in Millrose Properties in the first quarter worth about $224,000. Royal Bank of Canada purchased a new position in Millrose Properties during the 1st quarter valued at about $1,508,000. Advisors Asset Management Inc. purchased a new position in Millrose Properties during the 1st quarter valued at about $45,000. NewEdge Advisors LLC bought a new stake in shares of Millrose Properties in the 1st quarter valued at about $39,000. Finally, Goldman Sachs Group Inc. bought a new stake in shares of Millrose Properties in the 1st quarter valued at about $18,093,000.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Wall Street Zen cut Millrose Properties from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Weiss Ratings raised Millrose Properties from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Millrose Properties currently has a consensus rating of “Buy” and an average target price of $37.67.

View Our Latest Stock Analysis on MRP

Millrose Properties Company Profile

(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.