Reflections On The Past For Investors Today: Millrose Properties Inc (NYSE: MRP)

Millrose Properties Inc (NYSE:MRP) does about 4.46M shares in volume on a normal day but saw 1038641 shares change hands in the recent trading day. The company now has a market cap of 4.32B USD. Its current market price is $26.00, marking a decrease of -1.92% compared to the previous close of $26.51. The 52 week high reached by this stock is $27.07 whilst the lowest price level in 52 weeks is $19.00.

Millrose Properties Inc (MRP) has a 20-day trading average at $23.96 and the current price is -3.95% off the 52-week high compared with 36.84% distance from its 52-week low. If we look at the stock’s price movements over the week, volatility stands at 3.41%, which increases to 4.27% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 62.67 to suggest the stock is neutral.

The consensus objective for the share price is $28.00, suggesting that the stock has a potential upside of 7.14% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on February 27, 2025 when Goldman initiated the stock to “Buy” and issued a price target of $25.

The current price level is 8.52%, 10.73%, and 10.73% away from its SMA20, SMA50, and SMA200 respectively, with the MRP price moving above the 50-day SMA on current market day. Millrose Properties Inc (MRP) stock is down -0.46% over the week and 16.91% over the past month. Its price is 18.51% year-to-date.

To reach the target analysts have set, the stock logically needs to grow 7.14 percent from here.

Price to book ratio is 0.58.