MRT-UN:CA:TSX-Morguard Real Estate Investment Trust (CAD)

COMMON STOCK | REIT - Diversified |

Last Closing

CAD 5.35

Change

-0.01 (-0.19)%

Market Cap

CAD 0.34B

Volume

1.21K

Analyst Target

CAD 5.54
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-04-19 )

Largest Industry Peers for REIT - Diversified

Symbol Name Price(Change) Market Cap
HR-UN:CA H&R Real Estate Investment Tru..

N/A

CAD 2.57B
CRR-UN:CA Crombie Real Estate Investment..

-0.11 (-0.86%)

CAD 2.33B
AX-PI:CA Artis Real Estate Investment T..

+0.35 (+1.99%)

CAD 1.20B
AX-UN:CA Artis Real Estate Investment T..

+0.02 (+0.31%)

CAD 0.70B
MR-UN:CA Melcor Real Estate Investment ..

-0.07 (-2.27%)

CAD 0.09B
MPCT-UN:CA Dream Impact Trust

-0.01 (-0.25%)

CAD 0.08B
AX-PE:CA Artis Real Estate Investment T..

+0.09 (+0.53%)

N/A

ETFs Containing MRT-UN:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (REIT - Diversified) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 0.19% 75% C 34% F
Dividend Return 1.12% 50% F 51% F
Total Return 1.31% 75% C 37% F
Trailing 12 Months  
Capital Gain -3.43% 88% B+ 31% F
Dividend Return 3.61% 25% F 59% D-
Total Return 0.18% 88% B+ 36% F
Trailing 5 Years  
Capital Gain -56.89% 50% F 10% F
Dividend Return 13.82% 100% F 70% C-
Total Return -43.07% 50% F 12% F
Average Annual (5 Year Horizon)  
Capital Gain -10.63% 38% F 6% D-
Dividend Return -6.51% 50% F 9% A-
Total Return 4.12% 75% C 86% B+
Risk Return Profile  
Volatility (Standard Deviation) 28.11% 50% F 33% F
Risk Adjusted Return -23.17% 63% D 22% F
Market Capitalization 0.34B 43% F 56% F

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced on cashflow basis

The stock is trading low compared to its peers on a price to cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

Superior Dividend Growth

This stock has shown top quartile dividend growth in the previous 5 years compared to its sector

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Negative free cash flow

The company had negative total free cash flow in the most recent four quarters.