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TSE:MRT.UN

6.16
0.15 (2.50%) 1d
0
Showing 1 to 15 of 40 entries
DON'T BUY
Tough to own. Retail, office, some industrial. Deep value, but doesn't see a catalyst. He's not a buyer of enclosed mall office or retail.
investment companies / funds
DON'T BUY
It's a holding company that holds various investments. Be long-term here and patient. Some of those investments need time to recover, like secondary malls and office towers, mostly in Alberta. Those are headwinds. It'll pay off, but not until the long term. Things will recover. Caveat: This is thinly traded with low volume.
investment companies / funds
WEAK BUY
Apartments in Ontario and the US sunbelt. MRT is pretty illiquid, but has performed very well. She'd rather play Ontario and the sunbelt separately (i.e. Minto REIT for Ontario). They have a decent balance sheet so they can continue to pay debt and grow by acquiring. No headwinds here. Expect higher dividends.
investment companies / funds
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.

investment companies / funds
COMMENT
BAM vs. Morguard BAM: He's recommended this and still does. It carries infrastructure, business partners and renewables. It's done very well and just bought Oak Tree, a good purchase for them. Morguard is much smaller. It's trading at a discount to NAV, because it's small and unrecognized. But its price hasn't done badly, though real estate has thrived in this environment.
investment companies / funds
DON'T BUY

He owns Morguard Corp. (MRC-T). He likes it because they hold a large portion of the free cash that is generated which gives them much more opportunity to do something with it. It is an attractive compounder.

investment companies / funds
COMMENT

A very capable management team, which is a huge positive. The action in the REIT space is driven more by interest rates. Expects rates will stay lower in Canada, but yields have been dragged up in the US in the past little while. Every time the REITs go up, the income becomes less valuable, but a good portion of REITs have financed themselves out fairly far. He is positive on this company.

investment companies / funds
HOLD

He is relatively constructive on REITs after the selloff. This one is fairly well diversified. It has a good footprint and good management team. Thinks this will give you a pretty decent yield. Not his favourite in the real estate sector.

investment companies / funds
HOLD

A very well diversified Canadian REIT. Retail exposure and located in several different provinces. Morguard Corp substantially controls and owns a lot of the REIT. At some point, if the REIT gets cheap enough, it trades at a sizable discount to NAV, and you could see Morguard take it in and monetize it.

investment companies / funds
HOLD

He got out around $17. Most Canadian REITs pulled back. If it gets cheap enough you could see Morguard Corp take it in. There is probably not much more downside.

investment companies / funds
COMMENT

This is his own company’s REIT. Because of this, he does not own this to make sure there is no conflict. Using the analysts’ consensus numbers, this is trading at over 20% discount over the value of its properties. Morguard, his company, owns over 50% of this. Dividend is very, very safe.

investment companies / funds
BUY
(Market Call Minute.) Trading at a slight discount to NAV.
investment companies / funds
BUY
Cheap and offers about a 15% total return. Commercial diversified name, mainly retail with a little bit of industrial.
investment companies / funds
DON'T BUY
Historically has traded at a slight discount. Had a great run recently and is probably fully valued.
investment companies / funds
HOLD
Commercial diversified name. Is at full and fair value.
investment companies / funds
Showing 1 to 15 of 40 entries

Morguard Real Estate Inv Trust(MRT.UN-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 1

Stockchase rating for Morguard Real Estate Inv Trust 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 Real Estate Inv Trust(MRT.UN-T) Frequently Asked Questions

What is Morguard Real Estate Inv Trust stock symbol?

Morguard Real Estate Inv Trust is a Canadian stock, trading under the symbol MRT.UN-T on the Toronto Stock Exchange (MRT.UN-CT). It is usually referred to as TSX:MRT.UN or MRT.UN-T

Is Morguard Real Estate Inv Trust a buy or a sell?

In the last year, 1 stock analyst published opinions about MRT.UN-T. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Morguard Real Estate Inv Trust.

Is Morguard Real Estate Inv Trust a good investment or a top pick?

Morguard Real Estate Inv Trust was recommended as a Top Pick by on . Read the latest stock experts ratings for Morguard Real Estate Inv Trust.

Why is Morguard Real Estate Inv Trust 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 Real Estate Inv Trust worth watching?

1 stock analyst on Stockchase covered Morguard Real Estate Inv Trust In the last year. It is a trending stock that is worth watching.

What is Morguard Real Estate Inv Trust stock price?

On 2021-09-22, Morguard Real Estate Inv Trust (MRT.UN-T) stock closed at a price of $6.16.