MKP.TO - MCAN Mortgage Corporation

Toronto - Toronto Delayed Price. Currency in CAD
15.97
-0.01 (-0.06%)
At close: 3:59PM EDT
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Previous Close15.98
Open15.98
Bid15.93 x 0
Ask15.97 x 0
Day's Range15.93 - 15.99
52 Week Range12.21 - 16.24
Volume13,500
Avg. Volume14,692
Market Cap385.104M
Beta (3Y Monthly)1.17
PE Ratio (TTM)10.09
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield1.28 (8.03%)
Ex-Dividend Date2019-09-12
1y Target EstN/A
All
News
Press Releases
  • MCAN Mortgage Corporation Announces Second Quarter Results for 2019
    CNW Group

    MCAN Mortgage Corporation Announces Second Quarter Results for 2019

    The decrease in net spread was largely due to an increase in the proportion of our corporate mortgage portfolio held in single family mortgages and an increase in the average term deposit interest rate during this period. Increases to the Bank of Canada overnight rate have led to a gradual increase in the interest rate on newly issued term deposits since mid-2018.

  • CNW Group

    MCAN Mortgage Corporation Announces Final Voting Results

    MCAN Mortgage Corporation Announces Final Voting Results

  • MCAN Mortgage Corporation Announces Appointment of President and CEO
    CNW Group

    MCAN Mortgage Corporation Announces Appointment of President and CEO

    TORONTO , May 8, 2019 /CNW/ - The Board of Directors of MCAN Mortgage Corporation ("MCAN", the "Company" or "we") (TSX: "MKP") is pleased to announce the appointment of Karen Weaver as President and Chief Executive Officer. Ms. Weaver has been serving as Chief Executive Officer on an interim basis since October 2018 . Ms. Weaver has over 30 years of experience as an executive and Chief Financial Officer of Canadian publicly listed companies, including DH Corporation, First Capital Realty Inc., Brookfield Properties Corporation, Canadian Operations and Gentra Inc. She is a member of the Board of Directors at MCAN (since November 2011 ) and at MCAP Commercial LP (since November 2018). She currently serves on the Boards of a private real estate company and NorthWest Healthcare Properties REIT.

  • MCAN Mortgage Corporation Announces First Quarter Results for 2019
    CNW Group

    MCAN Mortgage Corporation Announces First Quarter Results for 2019

    The unrealized gain on securities of $8.0 million consisted primarily of unrealized gains in the real estate investment trust ("REIT") component of our marketable securities portfolio, compared to an unrealized loss of $0.1 million in Q1 2018. The leverage ratio3 was 12.05% at March 31, 2019 compared to 11.79% at December 31, 2018 and 11.74% at March 31, 2018 .

  • CNW Group

    MCAN Mortgage Corporation Announces Fourth Quarter and Fiscal 2018 Results

    TORONTO , Feb. 22, 2019 /CNW/ - MCAN Mortgage Corporation ("MCAN", the "Company" or "we") announced net income of $3.5 million ( $0.15 per share) for the fourth quarter ended December 31, 2018 , down 67% from $10.8 million ( $0.47 per share) in the fourth quarter of 2017.  Net income for the fourth quarter of 2018 included a $4.2 million unrealized loss on marketable securities, which negatively impacted earnings per share by $0.17 .  Net income for fiscal 2018 was $36.3 million ( $1.54 per share), a decrease of $3.6 million (9%) from $39.9 million ( $1.72 per share) in 2017. The aforementioned unrealized loss of $4.2 million consisted entirely of a reduction in the fair value of the real estate investment trust ("REIT") component of our marketable securities portfolio.

  • ACCESSWIRE

    Today's Research Reports on Intact Financial, George Weston, MCAN Mortgage and Routemaster Capital

    NEW YORK, NY / ACCESSWIRE / January 22, 2019 / The Market Wealth Report strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...

  • ACCESSWIRE

    Today's Research Reports on Integrated Asset Management, MCAN Mortgage, Routemaster Capital and Clairvest Group

    NEW YORK, NY / ACCESSWIRE / December 11, 2018 / The Market Edge strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us ...

  • ACCESSWIRE

    Today's Research Reports on Aberdeen Asia-Pacific Income Investment, Integrated Asset Management, MCAN Mortgage and Routemaster Capital

    NEW YORK, NY / ACCESSWIRE / November 9, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...

  • CNW Group

    MCAN Mortgage Corporation Announces Third Quarter Results and 11% Increase in Net Income

    Return on average shareholders' equity was 14.29% in Q3 2018 compared to 13.63% in Q3 2017. Return on average shareholders' equity was 14.31% for 2018 year to date compared to 13.45% in 2017. On September 24, 2018 , the Board of Directors (the "Board") declared a fourth quarter dividend of $0.32 per share to be paid on January 2, 2019 to shareholders of record as of December 14, 2018 .

  • ACCESSWIRE

    Today's Research Reports on MCAN Mortgage Corporation, Acasta Enterprises Inc., VersaBank and Currency Exchange International, Corp.

    NEW YORK, NY / ACCESSWIRE / November 2, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...