Millrose Properties, Inc. (NYSE:MRP – Get Free Report) shares passed below its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $26.16 and traded as low as $25.88. Millrose Properties shares last traded at $26.1050, with a volume of 1,574,098 shares changing hands.
Trending Headlines about Millrose Properties
Here are the key news stories impacting Millrose Properties this week:
- Negative Sentiment: The lawsuit covers investors who bought Millrose securities from February 7, 2025, through October 2, 2026. One notice says the complaint alleges Millrose misrepresented a shift from land banking to renting homes, including claims that homes bought from Lennar at premium prices may generate returns below the company’s borrowing costs. Read the article
- Negative Sentiment: Several firms reiterated that investors have until December 8, 2026, to seek appointment as lead plaintiff. These announcements reflect the pending litigation, not a court finding of wrongdoing; the case’s outcome and any potential financial impact remain uncertain. Read the article
Wall Street Analyst Weigh In
A number of equities analysts have recently commented on the company. Weiss Ratings raised Millrose Properties from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, November 2nd. Citizens Jmp lowered Millrose Properties from an “outperform” rating to a “market perform” rating in a research note on Monday, October 5th. Finally, Citigroup lowered Millrose Properties from a “buy” rating to a “hold” rating in a research note on Monday, October 5th. One investment analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $35.00.
View Our Latest Research Report on MRP
Millrose Properties Stock Down 1.9%
The firm’s fifty day moving average is $26.16 and its 200-day moving average is $28.57. The company has a market capitalization of $4.03 billion, a P/E ratio of 8.64 and a beta of 0.52. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.05 and a current ratio of 0.05.
Millrose Properties (NYSE:MRP – Get Free Report) last issued its quarterly earnings data on Tuesday, October 27th. The company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.77 by $0.01. The business had revenue of $211.00 million during the quarter. Millrose Properties had a net margin of 63.24% and a return on equity of 8.56%. Millrose Properties’s revenue for the quarter was up 17.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.74 EPS.
Millrose Properties Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Monday, October 5th were paid a dividend of $0.79 per share. The ex-dividend date of this dividend was Monday, October 5th. This is a boost from Millrose Properties’s previous quarterly dividend of $0.77. This represents a $3.16 dividend on an annualized basis and a dividend yield of 12.1%. Millrose Properties’s payout ratio is presently 104.64%.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the company. Bank of New York Mellon Corp acquired a new stake in shares of Millrose Properties during the 2nd quarter valued at $54,348,000. Russell Investments Group Ltd. acquired a new position in Millrose Properties in the 3rd quarter worth about $16,437,000. Ancora Advisors LLC acquired a new position in Millrose Properties in the 2nd quarter worth about $18,801,000. Adelante Capital Management LLC bought a new position in Millrose Properties in the second quarter valued at about $12,346,000. Finally, Callodine Capital Management LP raised its position in Millrose Properties by 110.8% in the first quarter. Callodine Capital Management LP now owns 762,392 shares of the company’s stock valued at $21,347,000 after purchasing an additional 400,745 shares during the last quarter.
About Millrose Properties
Millrose Properties, Inc. is a residential land development and homesite company. It acquires and develops land into finished lots, which it makes available to homebuilders through lot option arrangements. The company does not build or sell homes to consumers. Millrose operates in the United States and serves homebuilders across multiple residential markets. Its business model is designed to provide builders with access to ready-to-build lots while managing the land acquisition and development process.
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