Morguard (TSE:MRC) Stock Crosses Above 50 Day Moving Average – What’s Next?

Morguard Co. (TSE:MRC)’s share price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$119.09 and traded as high as C$122.00. Morguard shares last traded at C$121.53, with a volume of 5,511 shares trading hands.

Morguard Trading Up 2.6%

The firm has a market cap of C$1.30 billion, a P/E ratio of 7.41 and a beta of 0.14. The business’s 50-day moving average is C$119.09 and its two-hundred day moving average is C$116.98. The company has a debt-to-equity ratio of 122.63, a current ratio of 0.21 and a quick ratio of 0.13.

Morguard (TSE:MRC) last released its earnings results on Tuesday, May 5th. The real estate investment trust reported C$5.48 earnings per share for the quarter. The business had revenue of C$270.46 million during the quarter. Morguard had a net margin of 15.75% and a return on equity of 3.99%. As a group, analysts predict that Morguard Co. will post 26.1506276 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Morguard news, insider Sime Armoyan bought 5,500 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The stock was acquired at an average price of C$115.00 per share, with a total value of C$632,500.00. Following the completion of the transaction, the insider owned 1,390,223 shares in the company, valued at approximately C$159,875,645. This trade represents a 0.40% increase in their ownership of the stock. Insiders have acquired a total of 6,000 shares of company stock valued at $689,875 over the last ninety days. 72.99% of the stock is currently owned by company insiders.

Morguard Company Profile

Morguard Corporation is a real estate investment company listed on the Toronto Stock Exchange (TSX: MRC). The company and its subsidiaries, Morguard REIT (TSX: MRT.UN) and Morguard North American Residential REIT (TSX: MRG.UN), own a diversified portfolio of real estate assets across multiple classes, including office, industrial, retail, multi-suite residential and hotel. Morguard also provides real estate management services to institutional and other investors. As at September 30, 2025, Morguard’s owned and managed portfolio of assets was valued at $19 billion.