Closing Bell: Morguard Na Residential REIT Units down on Wednesday (MRG-UN)

Today during trading, Morguard Na Residential REIT Units shares closed at $16.65 after opening the day at $16.85. Intraday prices ranged from a low of $16.52 to a high of $16.90.

Share prices eased -2.06 percent from the previous day's close of $17.00.

Today across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

Morguard Na Residential REIT Units has listed on the Toronto Stock Exchange (TSX) under the ticker MRG-UN.

Trading volume was 42,077 on 191 total trades. On average, Morguard Na Residential REIT Units has traded 15,655 shares in the last five days and 27,977 year-to-date.

The TSX market on the whole today saw 3,418 price advancers against 1,773 declines and 138 unchanged.

During the prior 52 weeks, MRG-UN.TO has traded as high as $17.16 (July 24,2024) and low as $13.08 (November 22,2023). Moreover, the shares have gained 2.52 percent in 52 weeks, while they have advanced 12.73% since the start of 2024.

It announced a 0.06 dividend on July 15/24, with an July 31/24 ex-date and August 15/24 pay day.

Following today's trading, Morguard Na Residential REIT Units has a market capitalization of $639.38 million on a float of 37,738 shares outstanding. Its annual EPS is $4.60.

Morguard Na Residential REIT Units is a TSX REIT company headquartered in Mississauga, CAN.

Currently, Morguard Na Residential REIT Units's consensus rating is "Moderate Buy" based on 2 analysts according to Zacks. Currently, there are 2 buy ratings for the stock.

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