Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) Reaches New 12-Month Low – Here’s Why

Posted by Donald Scott on Sep 8th, 2026

Shares of Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN – Get Free Report) reached a new 52-week low on Tuesday . The stock traded as low as C$15.52 and last traded at C$15.55, with a volume of 8069 shares. The stock had previously closed at C$15.74.

Analyst Ratings Changes

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

Check Out Our Latest Analysis on MRG.UN

Morguard North American Residential Real Estate Investment Trust Price Performance

The business’s 50-day moving average price is C$16.46 and its 200 day moving average price is C$16.97. 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$811.73 million, a P/E ratio of 12.77 and a beta of 0.94.

Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN – Get Free Report) last posted its earnings results on Tuesday, July 28th. The company reported C$0.66 earnings per share for the quarter. Morguard North American Residential Real Estate Investment Trust had a net margin of 40.48% and a return on equity of 6.98%. The business had revenue of C$87.21 million for the quarter. Analysts anticipate that Morguard North American Residential Real Estate Investment Trust will post 1.38795 EPS for the current fiscal year.

About Morguard North American Residential Real Estate Investment Trust

(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.