Morguard (TSE:MRC) Insider Sime Armoyan Acquires 5,200 Shares of Stock

Morguard Co. (TSE:MRCGet Free Report) insider Sime Armoyan bought 5,200 shares of the stock in a transaction on Wednesday, August 26th. The shares were acquired at an average cost of C$114.75 per share, for a total transaction of C$596,700.00. Following the acquisition, the insider directly owned 1,405,823 shares in the company, valued at approximately C$161,318,189.25. This trade represents a 0.37% increase in their ownership of the stock.

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

  • On Monday, August 24th, Sime Armoyan bought 1,800 shares of Morguard stock. The shares were bought at an average price of C$114.75 per share, for a total transaction of C$206,550.00.
  • On Wednesday, August 19th, Sime Armoyan purchased 500 shares of Morguard stock. The stock was bought at an average cost of C$114.75 per share, with a total value of C$57,375.00.

Morguard Stock Performance

Shares of TSE MRC remained flat at C$114.75 during mid-day trading on Thursday. The stock had a trading volume of 8,278 shares, compared to its average volume of 2,545. The firm has a market capitalization of C$1.23 billion, a P/E ratio of 5.95 and a beta of 0.12. Morguard Co. has a one year low of C$111.55 and a one year high of C$127.40. The company has a debt-to-equity ratio of 123.43, a current ratio of 0.42 and a quick ratio of 0.13. The business’s 50-day simple moving average is C$118.14 and its 200-day simple moving average is C$118.07.

Morguard (TSE:MRCGet Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The real estate investment trust reported C$7.93 earnings per share (EPS) for the quarter. Morguard had a return on equity of 4.61% and a net margin of 18.49%.The business had revenue of C$273.12 million for the quarter. As a group, equities research analysts forecast that Morguard Co. will post 26.1506276 earnings per share for the current year.

About Morguard

(Get Free Report)

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.

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