Morguard Corporation Stock Intrinsic Value – Morguard North American Residential REIT Adds to Portfolio with Acquisition of Chicago High-Rise.

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Morguard Corporation ($TSX:MRC), a leading North American real estate and property management company, is pleased to announce the successful acquisition of a Class A Multi-Suite Residential High-Rise located in Downtown Chicago. As one of the largest multifamily owners and operators on the continent, Morguard is well-positioned to benefit from the growing demand for rental housing in urban markets. Morguard Corporation has long been recognized for its commitment to delivering strong returns for its investors and shareholders. In addition to its residential holdings, Morguard also has a diversified portfolio including office, retail, and industrial properties.

This latest acquisition further strengthens Morguard’s position as a leader in the North American real estate market. With a focus on creating quality living spaces in desirable locations, Morguard will continue to grow its portfolio through strategic investments and acquisitions.

Stock Price

MORGUARD CORPORATION, a North American real estate company, announced on Thursday the acquisition of a high-rise apartment building in downtown Chicago. The acquisition adds to the company’s existing portfolio of commercial and residential properties in major cities across the US and Canada. The total value of the building was not disclosed, but MORGUARD CORPORATION stock opened at CA$105.4 and closed at a little over CA$105.8, 0.3% above the previous day’s closing price.

The acquisition is part of MORGUARD CORPORATION’s strategy to grow its North American Residential Real Estate Investment Trust (REIT) through attractive investments like this one. MORGUARD CORPORATION is confident that this investment will add long-term value to its portfolio and drive growth. Live Quote…

About the Company

Income Snapshot

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Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Morguard Corporation. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Morguard Corporation. More…

Key Ratios Snapshot

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Analysis – Morguard Corporation Stock Intrinsic Value

GoodWhale has conducted an in-depth analysis of MORGUARD CORPORATION‘s fundamentals, and our proprietary Valuation Line estimates the fair value of the company’s share to be around CA$121.2. This means that the current trading price of CA$105.8 is undervalued by 12.7%. Therefore, MORGUARD CORPORATION stock is deemed to be a good buy at this fair price. We believe that investors should consider adding MORGUARD CORPORATION to their portfolios at the current market price. More…

Peers

It is one of the largest real estate companies in Canada with a portfolio of properties across the country. The company’s competitors include Bresler & Reiner Inc, DIC Asset AG, and Urbanfund Corp.

– Bresler & Reiner Inc ($OTCPK:BRER)

Bresler & Reiner Inc is a company that provides services to the financial industry. It has a market cap of 3.83M and a ROE of -3.56%. The company has been in operation for over 50 years and is headquartered in New York, NY.

– DIC Asset AG ($OTCPK:DDCCF)

DIC Asset AG is a publicly traded company with a market capitalization of 632.85 million as of 2022. The company has a return on equity of 7.32%. DIC Asset AG is a real estate company that focuses on the development, acquisition, and management of commercial properties in Germany.

– Urbanfund Corp ($TSXV:UFC)

Urbanfund Corp is a publicly traded real estate investment trust that focuses on acquiring and redeveloping urban properties in the United States. The company’s market cap as of 2022 is $45.39 million, and its return on equity is 12.17%. Urbanfund Corp is headquartered in New York, New York.

Summary

Morguard Corporation is a real estate investment trust (REIT) that specializes in the acquisition and ownership of income-producing multi-suite residential properties in North America. The company recently completed the acquisition of a class A multi-suite residential high-rise property located in downtown Chicago. Investors should consider the potential benefits of investing in Morguard Corporation, such as strong returns on invested capital, solid operating performance, and a portfolio of high-quality properties that are well-positioned to continue generating steady income.