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

Posted by Caroline Horne on Oct 2nd, 2026

Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN – Get Free Report)’s share price hit a new 52-week low on Wednesday. The stock traded as low as C$14.51 and last traded at C$14.58, with a volume of 32932 shares changing hands. The stock had previously closed at C$14.80.

Wall Street Analysts Forecast Growth

Separately, TD boosted their price target on 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 research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of C$22.67.

Check Out Our Latest Analysis on Morguard North American Residential Real Estate Investment Trust

Morguard North American Residential Real Estate Investment Trust Stock Performance

The stock has a market cap of C$761.83 million, a price-to-earnings ratio of 11.98 and a beta of 0.94. The company’s 50 day simple moving average is C$15.74 and its 200 day simple moving average is C$16.54. The company has a debt-to-equity ratio of 95.54, a quick ratio of 0.09 and a current ratio of 0.80.

Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN – Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The company reported C$0.66 earnings per share for the quarter. The company had revenue of C$87.21 million during 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%. On average, equities research analysts anticipate that Morguard North American Residential Real Estate Investment Trust will post 1.38795 earnings per share for the current 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.