Morguard Corporation Insider Acquires 61,700 Shares of Morguard Real Estate Investment Trust
January 16, 2023
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MRT.UN Stock Intrinsic Value – Morguard Real Estate ($TSX:MRT.UN) Investment Trust (MREIT) is an unincorporated open-ended real estate investment trust (REIT) based in Canada. It is one of the largest REITs in the country, with a portfolio of retail, office, and multi-residential properties across the nation. The trust’s portfolio includes a mix of investments in retail, office, residential, industrial, and hospitality properties. Morguard Corporation is a major shareholder in MREIT and is part of the Morguard Group, a real estate management company. The acquisition was made through a private placement, which means that the shares were purchased directly from the company. This acquisition is a vote of confidence in the trust’s portfolio and its future prospects. The acquisition is also a sign that Morguard Corporation is looking to increase its stake in the trust and capitalize on potential growth opportunities in the future.
The purchase also demonstrates the trust’s commitment to shareholder returns and its belief that the trust’s properties will continue to perform well and generate strong returns for shareholders. MREIT’s portfolio consists of a diverse mix of properties located throughout Canada, which are managed by a team of experienced real estate professionals. The trust is focused on providing long-term value through active asset management and disciplined capital allocation. It is well-positioned to benefit from Canada’s strong economy and attractive demographics. The acquisition of 61,700 shares of MREIT by Morguard Corporation is an indication that it is confident in the trust’s strategy and the potential for long-term growth and value creation. It also suggests that Morguard Corporation is looking to increase its stake in the trust to benefit from potential future growth opportunities.
Stock Price
This pushed the share price up by 0.2% from its previous closing price of CA$5.4, with the stock opening and closing at the same price. The move was met with mostly positive sentiment in the media, as many investors saw it as a sign of confidence in the stock. After all, when an insider is willing to invest their own money in the company’s stock, it can be seen as a vote of confidence in the company’s long-term prospects. The company’s real estate investment trust (REIT) is a publicly-traded business that allows investors to gain exposure to real estate investments without having to purchase physical property. The trust’s portfolio consists of income-producing properties in numerous industries, including commercial, retail, multi-family residential, and more.
By investing in Morguard REIT, investors can benefit from the trust’s diverse portfolio and enjoy the potential for growth through capital appreciation and income distributions. The news of an insider buying shares of Morguard REIT has certainly increased investor confidence in the stock. With the trust’s portfolio of income-producing properties, investors who are looking for exposure to real estate investments may find the trust to be an attractive option. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for MRT.UN. More…
| Total Revenues | Net Income | Net Margin |
| 246.2 | 8.48 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for MRT.UN. More…
| Operations | Investing | Financing |
| 76.79 | -25.64 | -51.11 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for MRT.UN. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.48k | 1.33k | 17.91 |
Key Ratios Snapshot
Some of the financial key ratios for MRT.UN are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 47.3% |
| FCF Margin | ROE | ROA |
| – | – | – |
VI Analysis – MRT.UN Stock Intrinsic Value
Morguard Real Estate Investment Trust (MREIT) is a publicly traded real estate investment trust that invests in a diversified portfolio of income-producing properties in Canada and the United States. The company’s fundamentals reflect its long-term potential, and investors can gain insight into the stock through the VI app. The app provides a comprehensive analysis of the company’s financials, operations and growth prospects. According to the app, the fair value of MREIT shares is around CA$2.9, which is significantly lower than the current trading price of CA$5.4. This indicates that the stock is currently overvalued by 85%. Investors should consider this as a potential short-term opportunity, as the stock could be significantly undervalued in the future. The app also provides valuable information on the company’s liquidity, cash flow, dividend yield, and other important metrics that can be used by investors to make informed decisions. More…
VI Peers
Its competitors include BTB Real Estate Investment Trust, PRO Real Estate Investment Trust, and Melcor Real Estate Investment Trust. While each company has its own strengths and weaknesses, Morguard has proven to be a powerful force in the industry.
– BTB Real Estate Investment Trust ($TSX:BTB.UN)
BTB Real Estate Investment Trust, Canada’s largest real estate investment trust, is a leading provider of commercial real estate solutions across the country. The company owns and operates a diversified portfolio of properties in major urban centres, including office, retail, and industrial properties. BTB’s market cap is $286.39M as of 2022. The company has a strong track record of delivering value to its shareholders, and its diversified portfolio and experienced management team provide a solid foundation for future growth.
– PRO Real Estate Investment Trust ($TSX:PRV.UN)
H&R REIT is a real estate investment trust that owns, operates, and develops a portfolio of office, retail, and industrial properties. The company has a market cap of $349.49 million as of 2022. H&R REIT’s portfolio includes properties in Canada, the United States, and Europe. The company was founded in 1996 and is headquartered in Toronto, Canada.
– Melcor Real Estate Investment Trust ($TSX:MR.UN)
Melcor Real Estate Investment Trust has a market cap of $73.89M as of 2022. The company is a real estate investment trust that invests in, owns, and manages a portfolio of income-producing real estate assets in Canada. The company’s portfolio consists of office, retail, and industrial properties.
Summary
Morguard Real Estate Investment Trust has recently seen an insider purchase of 61,700 shares by Morguard Corporation. This is indicative of the trust’s potential for investors, as insiders are more likely to have greater insight into the company’s performance and prospects. Currently, sentiment around the trust is generally positive, as investors consider its solid portfolio of properties, attractive dividend yield, and long-term potential for capital appreciation. Investors may wish to consider adding the trust to their portfolio, as it offers an attractive mix of current income and long-term growth prospects.
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