Morguard (TSE:MRC) Insider Sime Armoyan Buys 34,200 Shares

Morguard Co. (TSE:MRC) insider Sime Armoyan bought 34,200 shares of the stock in a transaction that occurred on Monday, August 31st. The shares were purchased at an average price of C$104.30 per share, with a total value of C$3,567,060.00. Following the purchase, the insider owned 1,456,223 shares of the company’s stock, valued at approximately C$151,884,058.90. This represents a 2.41% increase in their position.

Sime Armoyan also recently made the following trade(s):

• On Friday, August 28th, Sime Armoyan acquired 16,200 shares of Morguard stock. The shares were bought at an average price of C$114.69 per share, with a total value of C$1,857,978.00.
• On Wednesday, August 26th, Sime Armoyan bought 5,200 shares of Morguard stock. The stock was acquired at an average cost of C$114.75 per share, for a total transaction of C$596,700.00.
• On Monday, August 24th, Sime Armoyan bought 1,800 shares of Morguard stock. The shares were acquired at an average price of C$114.75 per share, for a total transaction of C$206,550.00.
• On Wednesday, August 19th, Sime Armoyan acquired 500 shares of Morguard stock. The stock was purchased at an average cost of C$114.75 per share, with a total value of C$57,375.00.

Morguard Price Performance

Shares of TSE:MRC opened at C$114.46 on Wednesday. The company has a debt-to-equity ratio of 123.43, a quick ratio of 0.13 and a current ratio of 0.42. The stock has a market cap of C$1.22 billion, a PE ratio of 5.94 and a beta of 0.12. The business’s fifty day moving average price is C$117.49 and its two-hundred day moving average price is C$118.03. Morguard Co. has a one year low of C$111.55 and a one year high of C$127.40.

Morguard (TSE:MRC) last released its earnings results on Wednesday, August 5th. The real estate investment trust reported C$7.93 EPS for the quarter. The firm had revenue of C$273.12 million during the quarter. Morguard had a net margin of 18.49% and a return on equity of 4.61%. On average, analysts forecast that Morguard Co. will post 26.1506276 EPS for the current fiscal year.

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.