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TSE:MRC

138.00
0.38 (0.28%) 1d
0
Showing 1 to 15 of 68 entries
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
PAST TOP PICK
(A Top Pick Mar 26/19, Down 34%) A tremendous amount of high quality real estate. He believes the net asset value is $280-$300 a share. It is a great opportunity here. It is an illiquid stock.
property mngmnt / investment
DON'T BUY
It was a core holding for years, but it continues to trade at a discount and the owner is very unpredictable. He isn't big on office and retail and MRC is. There's great long-term value here, though, but short-term, there are better places to invest.
property mngmnt / investment
SELL

They manage two REITs. The Corp is the name you want to own. It is a $200 stock. They are in sectors that are tough sectors to operate in – Office and Retail. We need less and less office space. MRT.U is the high dividend version of the corporation. MRG-U-T is their North American REIT.

property mngmnt / investment
COMMENT

The REIT has been challenged because of the types of real estate they hold in the retail space. They also hold office space that is also challenged. It is externally managed by Morguard Corp and he feels the fees being collected do not put them in synergy. You would be better to hold the parent -- MRC-T -- as it trades at a discount to book as well.

property mngmnt / investment
DON'T BUY
Is this a take-out? Tough to call take-outs, though he doesn't see it happening here. It's been rangebound this year, but has fallen from $19 from early 2017. They're in a tough sector. Buy elsewhere in this sector.
property mngmnt / investment
WEAK BUY
Trading at significant discount to NAV. Not getting a lot of compensation while you wait for share price appreciation. CEO is brilliant. Safe play for long term.
property mngmnt / investment
PAST TOP PICK
(A Top Pick Jul 10/18, Up 14%) He's owend this since 2003. Unlike REITs, Morguard keeps buying back stock with all this free cash flow coming in and don't dilute shareholders. They hold a good diversity of properties across North America. They do very well with distressed property prices.
property mngmnt / investment
TOP PICK
Essentuially, you can buy a stock He's long known the CEO***. Problem, it's hardly traded in tiny share amounts. He buys it on dips. (Analysts’ price target is $200.00)
property mngmnt / investment
BUY

One of the largest Real Estate in NA. inside ownership that maintains a large control of the company. It is so cheap it hurts. If they sold all their RE tomorrow to say CPP they would get close to $300/share. They are buying back stock. He is not selling any share. It is illiquid, but the value is there.

property mngmnt / investment
BUY

They built a lot in the GTA. Rents have gone up.

property mngmnt / investment
COMMENT

Warning: You're in for the long term because it's very illiquid stock. A Hotel California where you check in anytime, but you can never leave. He loves this stock--great value. Companies like this either go private, is bought or it gradually rises in time. Trading at only half-book--incredible value.

property mngmnt / investment
TOP PICK

It doesn't trade a lot, but it's a bargain. A massive real estate company in Canada with holdings across various sectors, from apartments to offices. It trades at a huge discount from its overall NAV. They've compounded their book value by
double digits over the last five years. They've been buying back stock. Buy this instead of actual real estate. (Analysts' price target: $205.00)

property mngmnt / investment
Showing 1 to 15 of 68 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 2021-10-22, Morguard Corporation (MRC-T) stock closed at a price of $138.