Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) Hits New 52-Week Low – What’s Next?

Posted by Tyrone Williams on Aug 31st, 2026

Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN – Get Free Report) shares hit a new 52-week low during trading on Monday . The company traded as low as C$15.93 and last traded at C$15.93, with a volume of 4474 shares traded. The stock had previously closed at C$15.99.

Wall Street Analysts Forecast Growth

Separately, TD raised their price target on shares of 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 assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$22.67.

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

Morguard North American Residential Real Estate Investment Trust Stock Down 0.4%

The business has a 50-day simple moving average of C$16.61 and a 200-day simple moving average of C$17.10. The company has a market cap of C$831.04 million, a PE ratio of 13.07 and a beta of 0.97. The company has a quick ratio of 0.09, a current ratio of 0.80 and a debt-to-equity ratio of 95.54.

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 EPS for 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%. The company had revenue of C$87.21 million during the quarter. Equities research analysts anticipate that Morguard North American Residential Real Estate Investment Trust will post 1.38795 EPS 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.