Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
MCAN Mortgage Corp. (TSE:MKP)
TSX:MKP
MCAN Mortgage (MKP) Stock Price & Analysis
107 Followers
MKP Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$14.87 - C$16.97
Previous CloseC$16.75
Volume14.42K
Average Volume (3M)32.23K
Market Cap
C$639.06M
Enterprise ValueC$664.84M
Total Cash (Recent Filing)C$0.00
Total Debt (Recent Filing)C$25.79M
Price to Earnings (P/E)7.6
Beta0.75
Next Earnings
Aug 06, 2024EPS Estimate
C$0.5Last Dividend Ex-Date
Jun 14, 2024Dividend Yield9.19%
Share Statistics
EPS (TTM)2.19
Shares Outstanding37,871,716
10 Day Avg. Volume36,760
30 Day Avg. Volume32,225
Standard Deviation0.05
R-Squared0.43
Alpha0.00371
Financial Highlights & Ratios
Price to Book (P/B)1.03
Price to Sales (P/S)4.80
Price to Cash Flow (P/CF)3.20
P/FCF Ratio1.80
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$18.00Price Target Upside7.33% Upside
Rating ConsensusHold
Number of Analyst Covering1
MCAN Mortgage News
PremiumCompany Announcements
MCAN Financial Group Confirms Board Election Results
PremiumCompany Announcements
MCAN Mortgage Reports Solid Q1 Results
PremiumCompany Announcements
MCAN Financial Group Announces CFO Change
PremiumCompany Announcements
MCAN Financial Group Wins Top Employer Award
PremiumCompany Announcements
MCAN Celebrated for Female Empowerment in Workplace
PremiumCompany Announcements
MCAN Financial’s Successful $28.78M Capital RaisePremiumCompany Announcements
MCAN Financial Group’s New Market OfferingPremiumCompany Announcements
MCAN Financial Group Launches $20M Share OfferingBulls Say, Bears Say
Bulls Say
Capital PositionComfortable capital position with a 5.1x income-tax-assets-to-capital ratio.
Dividend YieldSustainable 10% dividend yield with a ~70% payout ratio over the forecast period.
Operational PerformanceOperational performance remains consistent with management's strategy supported by broker channel/construction lending relationships, a comfortable capital position, and continued funding diversification.
Bears Say
Corporate SpreadsCorporate spreads on a downward trend considering higher effective interest rates on term deposits.
Interest RatesHigher effective interest rates on term deposits are contributing to declining corporate spreads.
Mortgage PortfolioImpaired mortgages continue moving higher representing 342 bps of the corporate mortgage portfolio and at a decade high.
---
Options Prices
Currently, No data available
---
Ownership Overview
40.12% Insiders
<0.01% Mutual Funds
0.01% Other Institutional Investors
59.86% Public Companies and
Individual Investors
MKP FAQ
What was MCAN Mortgage Corp.’s price range in the past 12 months?
MCAN Mortgage Corp. lowest stock price was C$14.87 and its highest was C$16.97 in the past 12 months.
What is MCAN Mortgage Corp.’s market cap?
Currently, no data Available
When is MCAN Mortgage Corp.’s upcoming earnings report date?
MCAN Mortgage Corp.’s upcoming earnings report date is Aug 06, 2024 which is in 13 days.
How were MCAN Mortgage Corp.’s earnings last quarter?
MCAN Mortgage Corp. released its earnings results on May 06, 2024. The company reported C$0.65 earnings per share for the quarter, missing the consensus estimate of C$0.7 by -C$0.05.
Is MCAN Mortgage Corp. overvalued?
According to Wall Street analysts MCAN Mortgage Corp.’s price is currently Undervalued.
Does MCAN Mortgage Corp. pay dividends?
MCAN Mortgage Corp. pays a Quarterly dividend of C$0.39 which represents an annual dividend yield of 9.19%. See more information on MCAN Mortgage Corp. dividends here
What is MCAN Mortgage Corp.’s EPS estimate?
MCAN Mortgage Corp.’s EPS estimate is C$0.5.
How many shares outstanding does MCAN Mortgage Corp. have?
MCAN Mortgage Corp. has 38,152,775 shares outstanding.
What happened to MCAN Mortgage Corp.’s price movement after its last earnings report?
MCAN Mortgage Corp. reported an EPS of C$0.65 in its last earnings report, missing expectations of C$0.7. Following the earnings report the stock price went down -0.453%.
Which hedge fund is a major shareholder of MCAN Mortgage Corp.?
Currently, no hedge funds are holding shares in TSE:MKP
---
MCAN Mortgage Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
C$18.00 (7.33% Upside)
C$18.00 (7.33% Upside)
Insider Transactions
Sold Shares
Worth C$1.1M over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
12.65%
12-Months-Change
Fundamentals
Return on Equity
14.29%
Trailing 12-Months
Asset Growth
17.88%
Trailing 12-Months
Company Description
MCAN Mortgage Corp.
MCAN Mortgage Corp is a mortgage investment company whose objective is to generate a reliable stream of income by investing its funds in a portfolio of mortgages (including single family residential, residential construction, non-residential construction and commercial loans), as well as other types of loans and investments, real estate and securitization investments. The company derives most of its revenues from mortgage income and equity income.
---
MKP Stock 12 Month Forecast
Average Price Target
C$18.00
▲(7.33% Upside)
Technical Analysis
Brookfield Asset Management Ltd. Class A
―
Atrium Mortgage Invest
―
Brompton Splt Banc A
―
---