David King - Morguard Vice Chairman of the Board and corporate director

MRC Stock  CAD 115.78  2.60  2.20%   

Chairman

Mr. David A. King is Vice Chairman of the Board of Morguard Corporationrationration. Mr. King is a corporate director and is President of DKC Holdings Ltd, a private investment company. Mr. King has a long history in North American real estate markets, holding several executive positions throughout his career. In addition Mr. King has more than two decades experience serving on several public and private boards. since 2019.
Tenure 5 years
Address 55 City Centre Drive, Mississauga, ON, Canada, L5B 1M3
Phone905 281 3800
Webhttps://www.morguard.com

David King Latest Insider Activity

Tracking and analyzing the buying and selling activities of David King against Morguard stock is an integral part of due diligence when investing in Morguard. David King insider activity provides valuable insight into whether Morguard is net buyers or sellers over its current business cycle. Note, Morguard insiders must abide by specific rules, including filing SEC forms every time they buy or sell Morguard'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Morguard Management Efficiency

The company has return on total asset (ROA) of 0.0291 % which means that it generated a profit of $0.0291 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.041 %, meaning that it generated $0.041 on every $100 dollars invested by stockholders. Morguard's management efficiency ratios could be used to measure how well Morguard manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of November 2024, Return On Tangible Assets is likely to drop to 0.01. In addition to that, Return On Capital Employed is likely to drop to 0.07. At this time, Morguard's Total Assets are very stable compared to the past year. As of the 22nd of November 2024, Non Current Assets Total is likely to grow to about 11.6 B, while Non Currrent Assets Other are likely to drop about 483.5 M.
Morguard has accumulated 5.81 B in total debt with debt to equity ratio (D/E) of 1.53, which is about average as compared to similar companies. Morguard has a current ratio of 0.19, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Morguard until it has trouble settling it off, either with new capital or with free cash flow. So, Morguard's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Morguard sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Morguard to invest in growth at high rates of return. When we think about Morguard's use of debt, we should always consider it together with cash and equity.

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Morguard Corporation, a real estate investment and management corporation, acquires, owns, and develops real estate properties in Canada and the United States. Morguard Corporation is a subsidiary of Paros Enterprises Limited. MORGUARD CORP operates under Real EstateDiversified classification in Canada and is traded on Toronto Stock Exchange. Morguard (MRC) is traded on Toronto Exchange in Canada and employs 25 people. Morguard is listed under Real Estate Management & Development category by Fama And French industry classification.

Management Performance

Morguard Leadership Team

Elected by the shareholders, the Morguard's board of directors comprises two types of representatives: Morguard inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Morguard. The board's role is to monitor Morguard's management team and ensure that shareholders' interests are well served. Morguard's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Morguard's outside directors are responsible for providing unbiased perspectives on the board's policies.
Paul Miatello, Chief Financial Officer, Senior Vice President
Patrick Seward, Vice Development
Gordon Vollmer, Ex Limited
Brian Athey, Vice President - Development
George Schott, President Ltd
Graeme Eadie, Independent Director
Beverley Flynn, Senior Vice President, General Counsel, Secretary
Robert McFarlane, Vice President
David Wyatt, Senior MIL
Robert Wright, Vice President
Angela CPA, COO President
Michael Robb, Independent Director
Kuldip Sahi, Chairman of the Board, Chief Executive Officer
LLB LLB, Gen VP
Leonard Sharpe, Independent Director
Scott MacDonald, Ex Limited
Bruce Robertson, Lead Independent Director
FCA FCGA, Chairman CEO
John Talano, Senior Vice President - Morguard Management Company
David King, Vice Chairman of the Board and corporate director
Beverley LLB, General VP
David Wratt, Senior Vice President - Retail Leasing and Operation, MIL
Margaret Knowles, Senior Limited
Chris Cahill, Independent Director
Angela Sahi, Senior Vice President - Corporate Development, Director

Morguard Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Morguard a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Morguard

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Morguard position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Morguard will appreciate offsetting losses from the drop in the long position's value.

Moving together with Morguard Stock

  0.7CEF Sprott Physical GoldPairCorr
The ability to find closely correlated positions to Morguard could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Morguard when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Morguard - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Morguard to buy it.
The correlation of Morguard is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Morguard moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Morguard moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Morguard can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Morguard Stock

Morguard financial ratios help investors to determine whether Morguard Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Morguard with respect to the benefits of owning Morguard security.