MORGUARD NORTH AMERICAN RESIDENTIAL REAL ESTATE INVESTMENT TRUST

Ratings Morguard North American Residential Real Estate Investment Trust

Equities

MRG.UN

CA61761E1007

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-06-03 pm EDT			5-day change	1st Jan Change
15.41 ^CAD	+0.78%		-0.90%	+4.33%

May. 15	Morguard North American Residential Real Estate Investment Trust Declares Dividend for the Month of May 2024, Payable on June 14, 2024	CI
May. 14	Correction: -- Morguard Developments Brief: Q1 Revenue increased to $49.75 million compared to $36.08 million in Q1-2023, and funds from operations was $13.75 million compared to $7.05 million last year	MT

Strengths

Before interest, taxes, depreciation and amortization, the company's margins are particularly high.
With a P/E ratio at 7.82 for the current year and 10.93 for next year, earnings multiples are highly attractive compared with competitors.
This company will be of major interest to investors in search of a high dividend stock.
For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
For the past twelve months, EPS forecast has been revised upwards.
Analysts covering this company mostly recommend stock overweighting or purchase.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
The opinion of analysts covering the stock has improved over the past four months.
Consensus analysts have strongly revised their opinion of the company over the past 12 months.
The divergence of price targets given by the various analysts who make up the consensus is relatively low, suggesting a consensus method of evaluating the company and its prospects.

Weaknesses

According to forecast, a sluggish sales growth is expected for the next fiscal years.
The company's currently anticipated earnings per share (EPS) growth for the next few years is a notable weakness.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Residential REITs

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
MORGUARD NORTH AMERICAN RESIDENTIAL REAL ESTATE INVESTMENT TRUST	+4.33%	425M	-	C+
AVALONBAY COMMUNITIES, INC.	+3.87%	27.61B		A-
EQUITY RESIDENTIAL	+6.97%	24.79B		B
INVITATION HOMES INC.	+1.73%	21.25B		B-
ESSEX PROPERTY TRUST, INC.	+5.12%	16.73B		B+
MID-AMERICA APARTMENT COMMUNITY, INC.	-0.57%	15.62B		B
SUN COMMUNITIES, INC.	-12.65%	14.55B		C
AMERICAN HOMES 4 RENT	+0.06%	13.18B		B
UDR INC.	+1.49%	12.8B		B
EQUITY LIFESTYLE PROPERTIES, INC.	-10.38%	11.79B		B-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes