Millrose Properties, Inc.
MRP
NYSE·Real Estate·REIT - Residential·Mkt cap $4.9B
$32.02
▲ +0.95%
P/E
11.16
Mkt Cap
$4.9B
52-Wk Range
$26.30–$35.45
52-Week Range
$26.30 - $35.45
P/E
Fwd P/E
Beta
Div Yield
Avg Vol
Shares Out
Mkt Cap
Price action
Price chart
Down 6.6% over the trailing year
Total returns
Price performance
Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.
Why we rate it this way
The thesis at a glance
Bull and bear case · plain-English context across the five lenses we evaluate.
Bull Case
4 reasons
- Proprietary homesite option platform technology
- Capital-efficient business model reducing developer leverage
- Institutional-grade real estate deals available to retail investors
- Strong alignment with homebuilder growth strategies
Bear Case
1 risk
- Low volatility (beta 0.3).
Growth
Stable outlook
Increasing homebuilder demand for capital-efficient land solutions
Value
Trading at 0.4x sector peers — a discount despite the growth profile.
Momentum
Strong
+10.7% over 3m
Quality
Excellent
Emerging growth company (31% revenue growth). Early stage with higher risk.
Dividend
High yield
9.40% yield
Smart-money signal
Who's buying MRP right now
Insider Form 4s, 13F institutional filings, and Congressional disclosures - at a glance.
Earnings track record
Recent earnings results
AI-summarized recap of last quarter, plus the surprise on every print.
Next: Oct 22, 2026
AUG 4, 2026
Reported EPS of $0.76 vs $0.75 consensus (+0.9% surprise). Revenue of $196.9M vs $202.0M expected (-2.5%).
EPS surprise · last 4Q
1 of 1 beats
Estimate
Actual
Q3 26
+0.9%
Revenue trend · last 8Q
—
—
—
-34%
+45%
+154%
+136%
+32%
Q3 24
Q4 24
Q1 25
Q2 25
Q3 25
Q4 25
Q1 26
Q2 26
$123.7M
-$348.1M
$82.7M
$149.0M
$179.3M
$189.5M
$194.9M
$196.9M
Margins · last 8Q
Gross
-99.0%
Operating
85.2%
Profit
64.0%
Wall Street consensus
Analyst coverage
Live ratings and price targets aggregated across covering analysts.
vs Industry
How MRP stacks vs REIT - Residential
Stock metrics vs industry averages. Green = better than industry.
Industry comparison data unavailable for this stock.