Morguard North American Residential Real Estate Investment Trust (MRG-UN.TO) has seen a slight dip in its stock price this week amid ongoing market conditions.
This week, Morguard North American Residential Real Estate Investment Trust (MRG-UN.TO) experienced a decline of 1.28%, closing at C$14.68 on the latest trading day. The stock has been under pressure in recent months, reflecting broader trends in the real estate sector and specific market dynamics.
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Morguard North American Residential Real Estate Investment Trust
MRG-UN.TO
MRG-UN.TO
Morguard North American Residential Real Estate Investment Trust
WealthAwesomeMarket cap
$1.02B
P/E
12.0x
Div. yield
5.35%
Div. / share
$0.78
52W high
$18.45
52W low
$14.48
1W change
-1.28%
Beta
0.92
Analyst Price Targets
Based on analyst covering MRG-UN · as of Sep 17, 2026
Wall Street analysts forecast MRG-UN stock price to rise 44.7% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$21.13
+44.7% Upside
Current Price
C$14.60
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 MRG-UN's historical volatility
30-Day Vol
13.1%
Annualized
90-Day Vol
13.1%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$12.21
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$13.76 | C$13.15 – C$14.39 |
| 60 trading days | C$12.96 | C$12.16 – C$13.82 |
| 90 trading days | C$12.21 | C$11.29 – C$13.21 |
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 consider the recent performance and upcoming announcements related to distributions and financial results as they assess the REIT's potential moving forward.
C$14.68: Latest Closing Price
The stock is currently trading at a considerable discount compared to its 52-week high of C$18.45, suggesting potential for recovery but also reflecting market caution.
Bull case
The REIT has shown a stable profit margin of 27.2% and a solid return on equity of 5.0%. These figures indicate that the company is managing to maintain its operations effectively, even in a fluctuating market.
Bear case
However, the stock has dropped 15.95% year-to-date and is currently trading below both the 50-day and 200-day moving averages. This trend suggests that the REIT may face challenges in the near future.
Recent Price Action
Morguard North American Residential Real Estate Investment Trust (MRG-UN.TO) has closed at C$14.68, reflecting a 0.61% decrease for the day and a 1.28% decline over the past week. The stock has been underperforming, with a notable drop of 6.23% in the last month and a year-to-date decline of 15.95%. Investors are watching for any catalysts that may influence future price movements.
Company News and Web Headlines
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Recently, Morguard announced a distribution of $0.06583 per unit for September 2026, payable on October 15, 2026. This announcement follows a similar distribution declared for April 2026. Additionally, the REIT reported a net operating income of $189.7 million for the year ended December 31, 2025, marking a 4.6% increase from the previous year. These developments may be of interest to unitholders and potential investors.
Technical Picture
From a technical standpoint, MRG-UN.TO is currently trading below its 50-day moving average of C$15.86 and its 200-day moving average of C$17.05, indicating a bearish trend. The stock's 52-week range is C$14.48 to C$18.45, placing it near the lower end of this range. The stock's beta of 0.92 suggests that it is slightly less volatile than the broader market. Volume has been lower than average, with the latest trading volume at 23,622 shares compared to a 20-day average of 27,452 shares.
Insider Activity
There has been no recent insider activity reported for Morguard North American Residential Real Estate Investment Trust, which may suggest a wait-and-see approach among insiders as market conditions evolve.
Price Action Summary
As of the latest close, Morguard North American Residential Real Estate Investment Trust (MRG-UN.TO) is trading at C$14.68, down 0.61% for the day. Investors are encouraged to keep an eye on upcoming announcements and market trends that may impact the REIT's performance.
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