MORGUARD NORTH AMERICAN RESIDENTIAL REAL ESTATE INVESTMENT TRUST

Morguard North American Residential Real Estate Investment Trust

MRG.UN

CA61761E1007

Residential REITs

Delayed Toronto S.E. Other stock markets 14:43:05 16/07/2024 BST			5-day change	1st Jan Change
16.52 ^CAD	-0.06%		+5.02%	+11.85%

07-15	Morguard North American Residential Real Estate Investment Trust Declares Distribution for the Month of July 2024, Payable on August 15, 2024	CI
06-14	Morguard North American REIT Declares Distribution for June	MT

Morguard North American Residential Real Estate Investment Trust (TSX:MRG.UN) announces an Equity Buyback for 1,474,371 shares, representing 3.77% of its issued share capital.

January 06, 2023 at 01:29 pm

Morguard North American Residential Real Estate Investment Trust (TSX:MRG.UN) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 1,474,371 units, representing 3.77% of its issued share capital. The share repurchases will be cancelled.

The bid is valid till January 9, 2024. As of December 30, 2022, the company had 39,111,793 units are issued and outstanding.

Latest news about Morguard North American Residential Real Estate Investment Trust

Morguard North American Residential Real Estate Investment Trust Declares Distribution for the Month of July 2024, Payable on August 15, 2024	07-15	CI
Morguard North American REIT Declares Distribution for June	06-14	MT
Morguard North American Residential Real Estate Investment Trust Declares Distribution for the Month of June 2024, Payable on July 15, 2024	06-14	CI
Morguard North American Residential Real Estate Investment Trust Declares Dividend for the Month of May 2024, Payable on June 14, 2024	05-15	CI
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	05-14	MT
Morguard Corporation 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	05-14	MT
Morguard Corporation Swings To Q1 Profit On Hotel Property Sales	05-07	MT
Morguard Corporation Brief: Adjusted NOI increased by $1.8 million, or 1.3%, to $138.0 million for the three months ended March 31, 2024	05-07	MT
Morguard Corporation Brief: Net income increased by $148.1 million to $116.8 million for the three months ended March 31, 2024	05-07	MT
Transcript : Morguard North American Residential Real Estate Investment Trust, Q1 2024 Earnings Call, May 02, 2024	05-02
Morguard North American Residential REIT's Q1 Net Income Down Vs a Year Ago, But Cites Other Positive Highlights	04-30	MT
Tranche Update on Morguard North American Residential Real Estate Investment Trust (TSX:MRG.UN)'s Equity Buyback Plan announced on January 10, 2024.	04-30	CI
Tranche Update on Morguard North American Residential Real Estate Investment Trust (TSX:MRG.UN)'s Equity Buyback Plan announced on January 6, 2023.	04-30	CI
Morguard North American Residential Real Estate Investment Trust Reports Earnings Results for the First Quarter Ended March 31, 2024	04-30	CI
Morguard North American Residential Real Estate Investment Trust Declares Distribution for the Month of April 2024, Payable on May 15, 2024	04-15	CI
Morguard Names COO	03-26	MT
Morguard Corporation Brief: Angela Sahi, Appointed To New Role of President and Chief Operating Officer, effective immediately	03-26	MT
RBC Capital Markets Says Outperform Ratings For Canadian REITs Still Intact	03-20	MT
Morguard North American Residential Real Estate Investment Trust Declares Distribution for March 2024 , Payable on April 15, 2024	03-15	CI
Morguard Corporation Brief: Net income decreased by $54.0 million to $58.2 million for the year ended December 31, 2023; Announces Regular Eligible Dividend	02-22	MT
CAPREIT Brief: Q4 FFO per unit Diluted $0.602	02-22	MT
Transcript : Morguard North American Residential Real Estate Investment Trust, Q4 2023 Earnings Call, Feb 15, 2024	02-15
Morguard North American Residential Real Estate Investment Trust Declares February 2024, Payable on March 15, 2024	02-15	CI
Morguard North American Residential REIT Swings Back to a Fourth-Quarter Profit	02-13	MT
Tranche Update on Morguard North American Residential Real Estate Investment Trust (TSX:MRG.UN)'s Equity Buyback Plan announced on January 6, 2023.	02-13	CI

Chart Morguard North American Residential Real Estate Investment Trust

Duration

Period

Chart Morguard North American Residential Real Estate Investment Trust

More charts

Company Profile

Morguard North American Residential Real Estate Investment Trust (the REIT) is an open-ended real estate investment trust. The REIT owns, through a limited partnership, interests in Canadian residential apartment communities, located in Alberta and Ontario, and United States residential apartment communities located in Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia, and Maryland. The objectives of the REIT are to generate stable and growing cash distributions to Unitholders on a tax-efficient basis; to enhance the value of its portfolio and the long-term value of its units through active asset and property management; and to expand the REIT's asset base, primarily through acquisitions and property improvements. The REIT's multi-suite residential property portfolio consists of about 16 Canadian properties and 27 United States properties, having a total of approximately 13,089 residential suites and 239,500 square feet of commercial area.

Sector

Residential REITs

Calendar

29/07/2024 - Q2 2024 Earnings Release

More about the company

Income Statement Evolution

More financial data

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

16.53 CAD

Average target price

20.33 CAD

Spread / Average Target

+23.01%

Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

Sector Residential REITs

	1st Jan change	Capi.
MORGUARD NORTH AMERICAN RESIDENTIAL REAL ESTATE INVESTMENT TRUST	+11.85%	453M
AVALONBAY COMMUNITIES, INC.	+8.74%	28.85B
EQUITY RESIDENTIAL	+11.51%	25.74B
INVITATION HOMES INC.	+3.64%	21.61B
ESSEX PROPERTY TRUST, INC.	+11.75%	17.73B
MID-AMERICA APARTMENT COMMUNITY, INC.	+3.97%	16.35B
SUN COMMUNITIES, INC.	-6.25%	15.54B
UDR INC.	+6.03%	13.36B
AMERICAN HOMES 4 RENT	+0.17%	13.14B
EQUITY LIFESTYLE PROPERTIES, INC.	-4.33%	12.51B

Residential REITs