Related posts

Trade Like an Institutional Investor and Buy or Sell These Stocks
Investor Insights

This summary was created by AI, based on 2 opinions in the last 12 months.

The experts are bullish about Morguard Corporation, expecting further increases in cash reserves and quarterly improvements in stock performance. With a trailing stop recommended at $103 and a price target of $125-145, they believe that the company is progressing well and is expected to continue reporting positive results. The company's low forward earnings multiple and potential for debt retirement and share buybacks make it an attractive investment opportunity.

Consensus
Bullish
Valuation
Undervalued
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly

We again reiterate MRC as a TOP PICK.  The company has been selling some non-core assets, allowing for cash reserves to grow and for debt to be aggressively retired.  The company still holds assets over $11 billion.  It trades at 5x earnings and under book value.  We recommend maintaining a tight stop at $103, looking to achieve $135 -- upside potential of 22%.  Yield 0.5%  

(Analysts’ price target is $135.00)
property mngmnt / investment
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly

We again reiterate MRC as a TOP PICK.  The company feels inflation pressures are easing, which should help stimulate job growth and support rental demand in 2024.  We like that cash reserves are growing while debt is aggressively retired and shares bought back.  It trades under book value and at 16x earnings.  We continue to recommend a stop at $103, looking to achieve $135 -- upside potential of 23%.  Yield 0.5%

(Analysts’ price target is $135.00)
property mngmnt / investment
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Sep 07/23, Up 8.5%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with MRC is progressing well.  At this time we recommend trailing up the stop (from $95) to $103 to remain disciplined.  

property mngmnt / investment
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly

We reiterate MRC, a leading North American real estate management company, as a TOP PICK.  As the BoC holds interest rates from further increases, and rental rates are up over 10% across the country, we expect the company to continue reporting quarterly increases in cash reserves to allow for further retirement of debt and to buy back shares.  It trades at 4x forward earnings.  We continue to recommend a stop loss at $95, looking to achieve $125 -- upside over 18%.  Yield 0.%%.    

(Analysts’ price target is $145.00)
property mngmnt / investment
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O’Reilly

The company owns a diversified portfolio of residential and commercial property portfolio worth $19 billion.  It is benefitting from growth in immigration into Canada and sees the commercial sector stabilizing going forward. It trades below book value and at 10x earnings.   We recommend a stop-loss at $95, looking to achieve $150 - upside potential of 40%.  Yield 0.5% 

property mngmnt / investment
HOLD
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Diversified REITs hit hard. Collections declined by over 25% in retail. Low dividend and sector uncertain. Declining cash flow, and high debt.
property mngmnt / investment
DON'T BUY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Diversified REITs hit hard. Collections declined by over 25% in retail. Low dividend and sector uncertain. Declining cash flow, and high debt.
property mngmnt / investment
BUY ON WEAKNESS
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Accretive acquisitions. Retail and office exposure worrisome. Stable but slower growth expected. Cyclical sector.
property mngmnt / investment
BUY ON WEAKNESS
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Diversified REITs hit hard. Collections declined by over 25% in retail. Low dividend and sector uncertain. Declining cash flow, and high debt.
property mngmnt / investment
DON'T BUY
Very wide discount to NAV. Its assets are not in sectors that investors are looking to add more capital to today. Exposure to industrials, multi-family, hotels. Seen as a value trap. Probably a safe hold, but more growth elsewhere.
property mngmnt / investment
DON'T BUY
All real estate is impacted by interest rates. Really got hit, as it owns all the things that were shut down. Company is a bit directionless. He owns AP.UN instead, as it has a clean structure, clear what management is trying to accomplish.
property mngmnt / investment
DON'T BUY
Some liquidity issues and problems with property types since the retail and office space is suffering. Don't add.
property mngmnt / investment
WEAK BUY
It is a large corporation rather than a REIT. The corporation has always traded at a big discount to an underlying value. It does not pay a distribution and has a valuation discount. It owns both office and retail. Both are sectors that have been hurt during the pandemic. It is hard to think about a catalyst that will close the gap of discount to value. For those that are patient and willing, it is something to look at.
property mngmnt / investment
HOLD
Some businesses are not properly structures for COVID-19. Eventually the virus goes away and business goes back to normal and this one will be an undervalued company. You just need to make sure these businesses can survive.
property mngmnt / investment
STRONG BUY
They pay out such a small dividend that it is not going to impact the company. They have been hammered because of issues like their hotel vacancies and people not paying their mortgages. The analysts are looking for earnings that suggest a 200% upside to the guest. They are cheap.
property mngmnt / investment
Showing 1 to 15 of 80 entries

Morguard Corporation(MRC-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Morguard Corporation is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Morguard Corporation(MRC-T) Frequently Asked Questions

What is Morguard Corporation stock symbol?

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

Is Morguard Corporation a buy or a sell?

In the last year, 1 stock analyst published opinions about MRC-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Morguard Corporation.

Is Morguard Corporation a good investment or a top pick?

Morguard Corporation was recommended as a Top Pick by on . Read the latest stock experts ratings for Morguard Corporation.

Why is Morguard Corporation stock dropping?

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.

Is Morguard Corporation worth watching?

1 stock analyst on Stockchase covered Morguard Corporation In the last year. It is a trending stock that is worth watching.

What is Morguard Corporation stock price?

On 2024-07-25, Morguard Corporation (MRC-T) stock closed at a price of $112.25.