MRCBF - Morguard: Steady Year Focused On Buybacks

Note, all amounts are in Canadian dollars.

We have set the bar exceptionally high for Morguard Corporation (MRCBF). The stock that we have called "the best real estate stock for the next decade" better perform well. We look at the recently reported Q4 2018 results to see if the stock still reigns supreme in our view.

2018 results

Morguard's empire encompasses every segment of real estate in the US and Canada; at Q4 2018 it had over $10.5 billion in properties.

Source: Morguard Annual Report 2018

The company reported strong occupancy in all

Read more ...