MCAN Mortgage Corporation's stock has seen a slight dip this week despite recent financial announcements.
This week, MCAN Mortgage Corporation (MKP.TO) experienced a minor decline in its stock price, closing at C$20.79, reflecting a 0.82% decrease over the week. The company recently reported its financial results for Q1, Q2, and Q3 of 2025, which may have influenced investor sentiment.
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MCAN Mortgage Corporation
MKP.TO
MKP.TO
MCAN Mortgage Corporation
WealthAwesomeMarket cap
$828.11M
P/E
9.6x
Div. yield
8.17%
Div. / share
$1.68
52W high
$26.13
52W low
$18.83
1W change
-0.82%
Beta
0.67
Analyst Price Targets
Based on analyst covering MKP · as of Sep 17, 2026
Wall Street analysts forecast MKP stock price to rise 24.2% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$25.50
+24.2% Upside
Current Price
C$20.53
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on MKP's historical volatility
30-Day Vol
18.8%
Annualized
90-Day Vol
22.1%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$17.17
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$19.34 | C$18.13 – C$20.64 |
| 60 trading days | C$18.23 | C$16.63 – C$19.98 |
| 90 trading days | C$17.17 | C$15.34 – C$19.22 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: Investors should note the company's consistent dividend declarations amidst fluctuating net income figures and consider the implications of these results on the stock's future performance.
C$20.79 Closing Price with 1D Gain of 1.43%
The stock's performance this week, while slightly positive on Friday, continues to reflect overall weakness in the market, with a significant decline noted over the past month.
Bull case
MCAN has a strong profit margin of 57.1% and a healthy return on equity (ROE) of 13.2%, which shows solid operational efficiency. Analysts suggest an average target that indicates a potential upside of about 22.7%, making it appealing for long-term investors.
Bear case
However, MCAN's stock has underperformed this year, down 8.55%. The recent drop in net income compared to last year raises concerns about sustainable growth, which could make potential investors hesitant.
Recent Price Action
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This week, MCAN Mortgage Corporation's stock closed at C$20.79, marking a 1.43% gain on Friday but a 0.82% decrease over the week. Year-to-date, the stock has declined by 8.55%, reflecting broader market conditions and specific challenges faced by the company.
Company News and Financial Results
MCAN has recently reported its financial results for Q1, Q2, and Q3 of 2025. In Q1, the company posted a net income of C$16.6 million, down from C$23.2 million in the same quarter last year. For Q2, net income slightly increased to C$20.2 million, followed by C$20.5 million in Q3. Each quarter, the company declared a dividend of C$0.41 per share, indicating a commitment to returning value to shareholders.
Technical Picture
From a technical standpoint, the stock is currently trading below both its 50-day moving average of C$22.18 and its 200-day moving average of C$23.52, suggesting a bearish trend. The stock has a beta of 0.67, indicating lower volatility compared to the market. Additionally, the current trading volume of 42,466 shares is significantly below the 20-day average of 94,582 shares, reflecting reduced investor interest.
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