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Most Anticipated Earnings: NTR-T, ONEX-T and more Canadian Companies Reporting Earnings this Week (Feb 17-21)Trade Like an Institutional Investor and Buy or Sell These StocksThis summary was created by AI, based on 6 opinions in the last 12 months.
Morguard Corporation (MRC) has garnered mixed reviews from experts, highlighting its potential for growth yet cautioning against its low dividend and performance. The stock trades at a low valuation of 5-6 times earnings and under book value, leading some analysts to consider it undervalued. While there are suggestions of potential cash flow and asset recovery, buying interest is tempered by the tightly held shares and uncertainty around privatization prospects. Overall, the company maintains a solid asset base above $11 billion and demonstrates positive trends in cash reserves and debt management, with stops recommended at around $103 and targets ranging from $135 to $140. The sentiment appears to lean slightly toward positive, albeit with considerable caution due to broader market conditions.
Morguard Corporation is a Canadian stock, trading under the symbol MRC-T on the Toronto Stock Exchange (MRC-CT). It is usually referred to as TSX:MRC or MRC-T
In the last year, 4 stock analysts published opinions about MRC-T. 1 analyst recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Morguard Corporation.
Morguard Corporation was recommended as a Top Pick by on . Read the latest stock experts ratings for Morguard Corporation.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
4 stock analysts on Stockchase covered Morguard Corporation In the last year. It is a trending stock that is worth watching.
On 2025-03-13, Morguard Corporation (MRC-T) stock closed at a price of $120.15.
Certainly at 5X earnings MRC can be considered cheap. Shares are very tightly held with 74% held by a connected group. The dividend is fairly low and shares have not done much, so it is not our favourite, as we do prefer more growth. But we would consider it OK. There is always a chance of a privatization but not something we would count on and would not buy just on that possibility. Net asset value requires lots of estimates and can be a moving target. The last comment from the company on a conference call indicated $340/share as NAV. Note this would be pre-tax.
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