1. Canada Stocks

  2. •

    Real Estate

  3. •

    Real Estate - Diversified
Morguard Corporation

Morguard Corporation

MRCBF
Morguard CorporationUS flagOther OTC
87.14
USD
- -
- -
930.49MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
39.8
44.03
71.55
76.67
92.98
101.78
103.67
91.78
92.06
101.09
110.6
102.51
103.33
103.34
Basic EPS, GAAP
22.58
10.92
6.58
14.46
26.1
27.96
16.57
-8.83
22.5
11.08
6.8
24.23
16.34
17.65
Free Cash Flow per Basic Share
13.17
11.19
18.05
23.14
25.03
24.96
23.9
18.72
23.85
22.67
27.15
22.85
19.79
22.51
Dividend per Share
0.6
0.59
0.59
0.59
0.59
0.59
0.59
0.59
0.59
0.6
0.6
0.65
0.8
0.75
Book Value per Share
179.68
189.76
198.12
217.29
243.43
276.1
296.06
286.48
310.98
321.77
332.85
358.38
378.82
371.86
Tangible Book Value per Share
183
266.28
281.1
304.17
325.67
364.1
376
344
371.28
391.72
394.76
433.53
442.49
433.79
Basic Weighted Avg Shares
13
13
12
12
12
11
11
11
11
11
11
11
11
11
Sales/Revenue/Turnover
505
551
876
916
1,105
1,164
1,170
1,028
1,022
1,120
1,206
1,108
1,106
1,110
Operating Margin (%)
41.58
43.86
47.63
46.7
42.89
41.85
40.88
42.63
41.16
42.31
43.85
45.83
45.6
45.19
Depreciation Expense
5
5
8
9
31
32
36
35
32
27
23
11
7
9
Net Income, GAAP
286
137
81
173
310
320
187
-99
250
123
74
262
175
190
Effective Tax Rate (%)
16.44
32.68
43.2
33.85
13.85
17.31
16.27
- -
37.12
17.13
28.62
19.71
25.59
29.46
Profit Margin (%)
56.74
24.79
9.2
18.87
28.07
27.47
15.98
-9.62
24.44
10.96
6.15
23.63
15.82
17.08
Working Capital
-541
-421
-507
-888
-919
-1,107
-941
-919
-813
-1,116
-1,411
-977
-1,063
-1,170
LT Debt
1,773
3,305
3,656
3,724
3,986
4,407
4,986
4,854
4,934
4,588
4,034
4,489
4,177
4,238
Total Equity
2,346
3,359
3,482
3,671
3,934
4,229
4,306
3,913
4,174
4,385
4,343
4,719
4,769
4,695
Return on Invested Capital (%)
4.11
2.74
3.2
3.51
4.72
4.34
4.02
- -
2.68
3.89
3.71
4.01
3.68
3.52
Return on Capital (%)
6.76
3.51
0.8
1.74
3.28
3.27
1.9
- -
2.51
1.35
0.91
2.89
1.74
3.86
Return on Common Equity (%)
13.32
5.87
3.36
6.88
11.3
10.57
5.75
-3.02
7.5
3.5
2.06
6.98
4.41
4.86

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
949
1,070
1,178
LT Borrowings
4,319
4,266
4,070
LT Finance Leases
170
169
168
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11
11
11
Market Capitalization
1,229
1,285
1,218

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
236
263
287
Cash, Cash Equivalents & STI
141
152
164
Accounts Receivable, Net
19
19
35
Inventories
- -
- -
- -
Total Current Liabilities
1,212
1,355
1,457
Payables & Accruals
230
249
245
ST Debt
949
1,070
1,178
Deferred Revenue
26
27
27

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.33%
4.1%
1.05%
Free Cash Flow
0.91%
1.62%
-14.24%
Net Income, GAAP
-22.05%
-44.63%
-33.2%
Sales/Revenue/Turnover
2.73%
1.66%
-0.18%
Total Cash Common Dividend
1.83%
5.55%
22.02%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
277
274
271
285
1,108
2025
278
276
278
- -
1,106
2026
270
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
12.06
4.98
0.05
- -
24.23
2025
5.42
5.04
- -
- -
16.34
2026
5.48
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.15
0.15
0.15
- -
0.65
2025
0.2
0.2
- -
- -
0.8
2026
0.2
- -
- -
- -
- -

Company Description

APIChat
CEO
Kuldip Rai Sahi
Full Time Employees
1,000
Sector
Real Estate
Industry
Real Estate - Diversified
Address
55 City Centre Drive Mississauga ON Canada L5B 1M3
IPO Date
Apr 26, 2010
Website
morguard.com
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Business
Morguard Corporation, a prominent North American real estate investment and management enterprise, engages in the acquisition, development, and active oversight of a diverse array of properties. Its extensive portfolio encompasses multi-suite residential complexes, retail centers, office buildings, industrial facilities, and select hotel assets situated across Canada and the United States. As of September 30, 2025, the company's owned and managed assets reached a value of $19.0 billion. The real estate holdings consist of 156 properties, including over 18,000 residential suites, approximately 32.4 million square feet of commercial leasable area, and 472 hotel rooms. Multi-suite residential properties now notably comprise approximately 50% of its net operating income, reflecting recent strategic portfolio adjustments. Beyond property ownership, Morguard delivers comprehensive real estate management solutions, encompassing acquisitions, strategic development, dispositions, leasing, performance assessment, and both asset and property management. Further complementing its offerings, the company provides expert real estate advisory services and a broad spectrum of investment products across equity, fixed-income, and balanced portfolios to institutional clients and private investors. The company, which celebrated 50 years of operations in 2025, is headquartered in Mississauga, Canada, and operates as a subsidiary of Paros Enterprises Limited.

Company News

APIChat

  • seekingalpha.com

    Morguard Real Estate Investment Trust (MRT.UN:CA) Q1 2026 Earnings Call Transcript

  • seekingalpha.com

    Morguard North American Residential Real Estate Investment Trust (MRG.UN:CA) Q1 2026 Earnings Call Transcript

  • seekingalpha.com

    Morguard Real Estate Investment Trust (MRT.UN:CA) Q4 2025 Earnings Call Transcript

  • seekingalpha.com

    Morguard North American Residential Real Estate Investment Trust (MRG.UN:CA) Q4 2025 Earnings Call Transcript

  • seekingalpha.com

    Morguard Real Estate Investment Trust (MRT.UN:CA) Q3 2025 Earnings Call Transcript

  • seekingalpha.com

    Morguard North American Residential Real Estate Investment Trust (MRG.UN:CA) Q3 2025 Earnings Call Transcript

  • newsfilecorp.com

    Morguard Corporation (MRC) Closes the Market

  • gurufocus.com

    Morguard Corp - A Deep-Value, Canadian Real Estate Stock