Analyzing Morguard North American Residential Real Estate Investment Trust (MNARF) and Its Peers

Morguard North American Residential Real Estate Investment Trust (OTCMKTS:MNARF – Get Free Report) is one of 57 publicly-traded companies in the “Residential REITs” industry, but how does it weigh in compared to its peers? We will compare Morguard North American Residential Real Estate Investment Trust to similar businesses based on the strength of its earnings, risk, analyst recommendations, valuation, institutional ownership, profitability and dividends.

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for Morguard North American Residential Real Estate Investment Trust and its peers, as reported by MarketBeat.

As a group, “Residential REITs” companies have a potential upside of 8.28%. Given Morguard North American Residential Real Estate Investment Trust’s peers higher probable upside, analysts clearly believe Morguard North American Residential Real Estate Investment Trust has less favorable growth aspects than its peers.

Institutional and Insider Ownership

9.6% of Morguard North American Residential Real Estate Investment Trust shares are held by institutional investors. Comparatively, 55.7% of shares of all “Residential REITs” companies are held by institutional investors. 8.5% of shares of all “Residential REITs” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Valuation & Earnings

This table compares Morguard North American Residential Real Estate Investment Trust and its peers top-line revenue, earnings per share and valuation.

Morguard North American Residential Real Estate Investment Trust’s peers have higher revenue and earnings than Morguard North American Residential Real Estate Investment Trust. Morguard North American Residential Real Estate Investment Trust is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Dividends

Morguard North American Residential Real Estate Investment Trust pays an annual dividend of $0.60 per share and has a dividend yield of 5.0%. Morguard North American Residential Real Estate Investment Trust pays out 43.2% of its earnings in the form of a dividend. As a group, “Residential REITs” companies pay a dividend yield of 4.4% and pay out 257.3% of their earnings in the form of a dividend. Morguard North American Residential Real Estate Investment Trust is clearly a better dividend stock than its peers, given its higher yield and lower payout ratio.

Profitability

This table compares Morguard North American Residential Real Estate Investment Trust and its peers’ net margins, return on equity and return on assets.

Summary

Morguard North American Residential Real Estate Investment Trust peers beat Morguard North American Residential Real Estate Investment Trust on 9 of the 13 factors compared.

Morguard North American Residential Real Estate Investment Trust Company Profile

(Get Free Report)

The REIT is an unincorporated, open-ended real estate investment trust established under and governed by the laws of the Province of Ontario. The Units of the REIT trade on the Toronto Stock Exchange under the ticker symbol MRG.UN. With a strategic focus on the acquisition of high-quality multi-suite residential properties in Canada and the United States, the REIT maximizes long-term Unit value through active asset and property management. The REIT’s portfolio is comprised of 13,089 residential suites and 229,500 square feet of commercial area (as of October 24, 2023) located in Alberta, Ontario, Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia and Maryland with an appraised value of approximately $4.0 billion at September 30, 2023.