Millrose Properties Inc (NYSE:MRP) does about 4.13M shares in volume on a normal day but saw 1904881 shares change hands in the recent trading day. The company now has a market cap of 3.74B USD. Its current market price is $22.51, marking a decrease of -4.42% compared to the previous close of $23.55. 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 $24.62 and the current price is -16.85% off the 52-week high compared with 18.47% distance from its 52-week low. If we look at the stock’s price movements over the week, volatility stands at 5.65%, which decreases to 4.65% 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 40.46 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 19.61% 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 -8.56%, -4.57%, and -4.57% 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 -13.42% over the week and 4.12% over the past month. Its price is 2.60% year-to-date.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
To reach the target analysts have set, the stock logically needs to grow 19.61 percent from here.
Outstanding shares total 154.18M with insiders holding 22.26% of the shares and institutional holders owning 37.40% of the company’s common stock. Price to book ratio is 0.72.