Company
Morguard Corporation
Headquarters: Mississauga, ON, Canada
Founded: 1905
CEO: Mr. Kuldip Rai Sahi FCA, FCGA, FCPA
Market Cap
C$1.29 Billion
CAD as of Jan. 1, 2025
US$896.7 Million
Morguard Corporation Categories
Canada Real Estate Real Estate—DiversifiedCanada Real Estate Canada Real Estate—Diversified
Top Competitors by Market Capitalization
Industry: Real Estate—Diversified
Sector:
| Company | Market Cap (USD) |
|---|---|
| Prologis, Inc. | $109.79 B |
| Equinix, Inc. (REIT) | $90.79 B |
| American Tower | $87.10 B |
| Welltower Inc. | $82.34 B |
| Simon Property Group, Inc. | $65.66 B |
Detailed Description
Morguard Corporation, a real estate investment and management corporation, acquires, owns, and develops multi-suite residential, commercial, and hotel properties in Canada and the United States. As of February 25, 2022, the company owned a portfolio of 197 multi-suite residential, retail, office, industrial, and hotel properties, including 17,752 residential suites, approximately 16.8 million square feet of commercial leasable space, and 5,058 hotel rooms. It also offers real estate management services, including acquisitions, development, dispositions, leasing, performance measurement, and asset and property management; real estate advisory services; and investment products across equity, fixed income, and balanced portfolios to institutional clients and private investors. The company is headquartered in Mississauga, Canada. Morguard Corporation is a subsidiary of Paros Enterprises Limited.
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Financials
| Last Financial Reports Date | Dec. 31, 2023 |
| Revenue TTM | C$1.24 B |
| EBITDA | C$540.9 M |
| Gross Profit TTM | C$551.9 M |
| Profit Margin | 5.97% |
| Operating Margin | 53.99% |
| Quarterly Revenue Growth | 12.40% |
Stocks & Indices
Morguard Corporation has the following listings and related stock indices.
Stock: TSX: MRC wb_incandescent
Stock: FSX: 74S wb_incandescent
Stock: OTC: MRCBF wb_incandescent
Key People
K. Rai Sahi (Chief executive officer)