Insider Buying: Morguard (TSE:MRC) Insider Acquires 1,700 Shares

Morguard Co. (TSE:MRC) insider Sime Armoyan bought 1,700 shares of the firm’s stock in a transaction that occurred on Tuesday, September 8th. The stock was acquired at an average price of C$114.14 per share, for a total transaction of C$194,038.00. Following the transaction, the insider owned 1,457,923 shares in the company, valued at C$166,407,331.22. This trade represents a 0.12% increase in their ownership of the stock.

Sime Armoyan also recently made the following trade(s):

• On Monday, August 31st, Sime Armoyan purchased 34,200 shares of Morguard stock. The shares were acquired at an average price of C$104.30 per share, with a total value of C$3,567,060.00.
• On Friday, August 28th, Sime Armoyan acquired 16,200 shares of Morguard stock. The stock was bought at an average price of C$114.69 per share, for a total transaction of C$1,857,978.00.
• On Wednesday, August 26th, Sime Armoyan bought 5,200 shares of Morguard stock. The shares were bought at an average price of C$114.75 per share, with a total value of C$596,700.00.
• On Monday, August 24th, Sime Armoyan purchased 1,800 shares of Morguard stock. The stock was bought at an average cost of C$114.75 per share, for a total transaction of C$206,550.00.
• On Wednesday, August 19th, Sime Armoyan acquired 500 shares of Morguard stock. The stock was bought at an average price of C$114.75 per share, with a total value of C$57,375.00.

Morguard Trading Down 0.4%

Shares of Morguard stock traded down C$0.45 on Wednesday, hitting C$114.03. The stock had a trading volume of 801 shares, compared to its average volume of 3,140. The company has a quick ratio of 0.13, a current ratio of 0.42 and a debt-to-equity ratio of 123.43. Morguard Co. has a one year low of C$111.55 and a one year high of C$127.40. The stock’s 50-day simple moving average is C$116.72 and its two-hundred day simple moving average is C$118.03. The stock has a market cap of C$1.22 billion, a price-to-earnings ratio of 5.91 and a beta of 0.15.

Morguard (TSE:MRC) last announced its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported C$7.93 earnings per share for the quarter. The business had revenue of C$273.12 million during the quarter. Morguard had a net margin of 18.49% and a return on equity of 4.61%. As a group, sell-side analysts predict that Morguard Co. will post 26.1506276 EPS for the current year.

About Morguard

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.