Citizens Jmp reaffirmed their market perform rating on shares of Millrose Properties (NYSE:MRP – Free Report) in a report issued on Monday, MarketBeat reports.
Several other equities research analysts have also recently issued reports on the stock. Weiss Ratings cut shares of Millrose Properties from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, September 29th. Citigroup cut shares of Millrose Properties from a “buy” rating to a “market perform” rating in a research report on Monday. One analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $37.67.
Get Our Latest Report on Millrose Properties
Millrose Properties Stock Down 8.4%
Millrose Properties (NYSE:MRP – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.01. Millrose Properties had a net margin of 62.60% and a return on equity of 8.13%. The firm had revenue of $196.85 million for the quarter.
Millrose Properties Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Monday, October 5th will be paid a $0.79 dividend. This represents a $3.16 annualized dividend and a dividend yield of 14.0%. The ex-dividend date is Monday, October 5th. This is a boost from Millrose Properties’s previous quarterly dividend of $0.77. Millrose Properties’s dividend payout ratio (DPR) is 107.32%.
Insider Transactions at Millrose Properties
In other news, Director Carlos A. Migoya bought 1,000 shares of Millrose Properties stock in a transaction that occurred on Friday, August 7th. The shares were purchased at an average price of $29.18 per share, with a total value of $29,180.00. Following the completion of the acquisition, the director directly owned 30,075 shares in the company, valued at $877,588.50. The trade was a 3.44% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Matthew B. Gorson purchased 3,000 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The stock was purchased at an average price of $28.80 per share, with a total value of $86,400.00. Following the purchase, the director directly owned 38,750 shares of the company’s stock, valued at $1,116,000. The trade was a 8.39% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.23% of the company’s stock.
Institutional Investors Weigh In On Millrose Properties
A number of large investors have recently modified their holdings of MRP. CX Institutional acquired a new stake in shares of Millrose Properties in the 3rd quarter valued at $26,000. IFP Advisors Inc grew its stake in shares of Millrose Properties by 149.0% during the second quarter. IFP Advisors Inc now owns 1,387 shares of the company’s stock worth $42,000 after purchasing an additional 830 shares in the last quarter. Versant Capital Management Inc acquired a new position in shares of Millrose Properties during the third quarter worth $44,000. Nykredit A S purchased a new position in Millrose Properties in the second quarter valued at $52,000. Finally, Whittier Trust Co. increased its holdings in Millrose Properties by 246.2% in the first quarter. Whittier Trust Co. now owns 2,510 shares of the company’s stock valued at $70,000 after buying an additional 1,785 shares during the last quarter.
Millrose Properties News Roundup
Here are the key news stories impacting Millrose Properties this week:
- Neutral Sentiment: Citizens JMP reaffirmed a Market Perform rating on Millrose, suggesting analysts see limited near-term catalysts rather than a clear reason to buy or sell. Millrose Properties Given Market Perform Rating at Citizens JMP
- Negative Sentiment: Trading in Millrose put options surged to 16,930 contracts, roughly 26 times the average volume of 622. The activity signals elevated bearish positioning or demand for downside protection, although it does not necessarily represent a fundamental change in the business. Millrose Properties Sees Unusually High Options Volume
- Negative Sentiment: Millrose reached a new 52-week low, reinforcing technical selling pressure and investor concerns after the shares moved well below their 50-day and 200-day moving averages. Millrose Properties Reaches New 52-Week Low
- Negative Sentiment: Julie & Holleman LLP announced an investigation into potential shareholder claims involving Millrose’s relationship and transactions with Lennar Corporation. The announcement adds legal and governance uncertainty, though the investigation represents allegations rather than a finding of wrongdoing. Millrose Properties Investor Alert
- Negative Sentiment: The Law Offices of Frank R. Cruz also announced a securities-fraud investigation following an October 2 Hunterbrook report alleging possible violations of federal securities laws. Additional law-firm announcements can weigh on sentiment and raise potential litigation risk. Securities Fraud Investigation Into Millrose Properties Announced
Millrose Properties Company Profile
Millrose Properties, Inc is a residential land development company that provides land-banking solutions for homebuilders. The company acquires and develops residential land, funds the installation of infrastructure, and delivers finished lots that can be used for the construction of single-family homes.
Millrose works with homebuilding partners under arrangements designed to separate the ownership and development of land from the homebuilding process. Its activities may include acquiring raw or partially developed land, obtaining entitlements, coordinating site development, and selling completed lots to homebuilders.
The company was established as a publicly traded business in 2025 and focuses on residential growth markets in the United States.
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