Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) Sets New 1-Year Low – What’s Next?

Posted by Lauren Steadman on Oct 13th, 2026

Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Tuesday. The stock traded as low as C$14.41 and last traded at C$14.49, with a volume of 29,478 shares. The stock had previously closed at C$14.61.

Wall Street Analyst Weigh In

Separately, TD boosted their target price on shares of Morguard North American Residential Real Estate Investment Trust from C$23.00 to C$24.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of C$22.67.

Get Our Latest Report on Morguard North American Residential Real Estate Investment Trust

Morguard North American Residential Real Estate Investment Trust Stock Performance

The company has a quick ratio of 0.09, a current ratio of 0.80 and a debt-to-equity ratio of 95.54. The company has a market capitalization of C$756.09 million, a PE ratio of 11.89 and a beta of 1.00. The stock’s fifty day simple moving average is C$15.48 and its 200-day simple moving average is C$16.43.

Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN – Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The company reported C$0.66 EPS for the quarter. The business had revenue of C$87.21 million for the quarter. Morguard North American Residential Real Estate Investment Trust had a return on equity of 6.98% and a net margin of 40.48%. On average, research analysts predict that Morguard North American Residential Real Estate Investment Trust will post 1.39 earnings per share for the current fiscal year.

Morguard North American Residential Real Estate Investment Trust Company Profile

(Get Free Report)

Morguard North American Residential Real Estate Investment Trust is an open-end real estate investment trust. The REIT invests in multi-suite residential rental properties in Canada and the United States. The REIT operates into two reportable segments, Canada and the United States. The United States contributes to the vast majority of revenue.