Morguard (TSE:MRC) Hits New 12-Month Low – Should You Sell?

Morguard Co. (TSE:MRC)’s share price reached a new 52-week low on Thursday. The stock traded as low as C$108.61 and last traded at C$109.75, with a volume of 3,600 shares traded. The stock had previously closed at C$109.50.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada cut their price target on shares of Morguard from C$150.00 to C$140.00 and set a “sector perform” rating for the company in a research report on Tuesday. One analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of C$140.00.

Morguard Stock Up 0.2%

The company has a current ratio of 0.40, a quick ratio of 0.13 and a debt-to-equity ratio of 119.73. The stock has a 50 day simple moving average of C$113.10 and a 200 day simple moving average of C$116.74. The firm has a market capitalization of C$1.17 billion, a PE ratio of 4.62 and a beta of 0.11.

Morguard (TSE:MRC) last released its quarterly earnings data on Wednesday, November 4th. The real estate investment trust reported C$8.00 earnings per share for the quarter. Morguard had a return on equity of 5.58% and a net margin of 22.68%. The firm had revenue of C$282.20 million during the quarter. As a group, sell-side analysts forecast that Morguard Co. will post 26.15 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Sime Armoyan purchased 1,000 shares of the company’s stock in a transaction on Friday, October 9th. The stock was acquired at an average price of C$113.00 per share, with a total value of C$113,000.00. Following the transaction, the insider directly owned 1,480,423 shares of the company’s stock, valued at approximately C$167,287,799. This represents a 0.07% increase in their position. In the last three months, insiders have acquired 71,900 shares of company stock worth $7,880,585. Corporate insiders own 72.99% of the company’s stock.

About Morguard

Morguard Corporation is a real estate investment company listed on the Toronto Stock Exchange (TSX: MRC). The company and its subsidiaries, Morguard REIT (TSX: MRT.UN) and Morguard North American Residential REIT (TSX: MRG.UN), own a diversified portfolio of real estate assets across multiple classes, including office, industrial, retail, multi-suite residential and hotel. Morguard also provides real estate management services to institutional and other investors. As at September 30, 2025, Morguard’s owned and managed portfolio of assets was valued at $19 billion.