Millrose Properties (NYSE:MRP) Issues Earnings Results

Millrose Properties (NYSE:MRP) announced its quarterly earnings data on Tuesday. The company reported $0.78 EPS for the quarter, Zacks reports. Millrose Properties had a net margin of 62.60% and a return on equity of 8.13%.

Millrose Properties Stock Performance

Shares of MRP stock opened at $23.90 on Tuesday. The firm’s 50 day moving average is $27.28 and its 200 day moving average is $28.84. The company has a current ratio of 0.05, a quick ratio of 0.05 and a debt-to-equity ratio of 0.42. Millrose Properties has a 12 month low of $21.07 and a 12 month high of $33.24. The stock has a market capitalization of $3.69 billion, a P/E ratio of 8.31 and a beta of 0.53.

Millrose Properties Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Monday, October 5th were paid a dividend of $0.79 per share. This represents a $3.16 dividend on an annualized basis and a dividend yield of 13.2%. The ex-dividend date was Monday, October 5th. This is an increase from Millrose Properties’s previous quarterly dividend of $0.77. Millrose Properties’s dividend payout ratio is currently 110.10%.

Analyst Upgrades and Downgrades

MRP has been the subject of several research analyst reports. Citizens Jmp restated a “market perform” rating on shares of Millrose Properties in a research note on Monday, October 5th. Weiss Ratings lowered Millrose Properties from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, October 14th. Finally, Citigroup lowered Millrose Properties from a “buy” rating to a “hold” rating in a report on Monday, October 5th. One analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $36.50.

Insider Transactions at Millrose Properties

In related news, Director Matthew B. Gorson bought 3,000 shares of Millrose Properties stock in a transaction on Monday, August 10th. The stock was acquired at an average price of $28.80 per share, with a total value of $86,400.00. Following the acquisition, the director directly owned 38,750 shares of the company’s stock, valued at $1,116,000. This represents a 8.39% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Carlos A. Migoya bought 1,000 shares of Millrose Properties stock in a transaction on Friday, August 7th. The shares were bought at an average cost of $29.18 per share, with a total value of $29,180.00. Following the acquisition, the director directly owned 30,075 shares in the company, valued at approximately $877,588.50. This represents a 3.44% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Corporate insiders own 0.23% of the company’s stock.

Millrose Properties Company Profile

Millrose Properties, Inc is a residential land acquisition and development company focused on providing finished residential lots to homebuilders. Its business involves acquiring land, securing necessary entitlements, and completing infrastructure and other improvements needed to prepare properties for home construction.

The company generally operates through land-banking arrangements and related development agreements with homebuilders. Millrose may own or control land during the development process and subsequently sell finished lots to builders, helping homebuilders access development-ready sites while reducing the time and capital required for land preparation.

Millrose was established in connection with Lennar Corporation’s separation of its residential land and lot development operations and began trading as an independent public company in 2025.