Millrose Properties, Inc. (MRP)
| Market Cap | 5.21B |
| Revenue (ttm) | 600.46M |
| Net Income (ttm) | 404.82M |
| Shares Out | 166.00M |
| EPS (ttm) | 2.44 |
| PE Ratio | 12.86 |
| Forward PE | 9.99 |
| Dividend | $3.00 (9.57%) |
| Ex-Dividend Date | Jan 5, 2026 |
| Volume | 5,378,712 |
| Open | 31.20 |
| Previous Close | 31.11 |
| Day's Range | 31.12 - 31.92 |
| 52-Week Range | 21.02 - 36.00 |
| Beta | n/a |
| Analysts | Strong Buy |
| Price Target | 37.38 (+19.2%) |
| Earnings Date | Feb 26, 2026 |
About MRP
Millrose purchases and develops residential land and sells finished homesites to homebuilders by way of option contracts with predetermined costs and takedown schedules. Millrose serves as a solution for homebuilders seeking to expand access to finished homesites while implementing an asset-light strategy. As fully developed homesites are sold by Millrose, capital is recycled into future land acquisitions for homebuilders, providing customers with durable access to community growth. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for MRP stock is "Strong Buy." The 12-month stock price target is $37.38, which is an increase of 19.20% from the latest price.
News
Millrose Properties, Inc. (MRP) Q4 2025 Earnings Call Transcript
Millrose Properties, Inc. (MRP) Q4 2025 Earnings Call Transcript
Millrose Properties: An Attractive 9+% Yield As Portfolio Ramps Up
Millrose Properties remains a "Buy" with a 9.7% dividend yield and a business model insulated from home price volatility. MRP's portfolio yield is rising, driven by non-Lennar deals at 11%, with run-r...
Millrose Properties Reports Strong Fourth Quarter and Full Year 2025 Financial Results
MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP, "Millrose" or the "Company"), the Homesite Option Purchase Platform for residential homebuilders, today announced financial results for th...
The State Of REITs: February 2026 Edition
The REIT sector rebounded from a rough 2025 (-3.57%) by starting off 2026 in the black (+1.09%). Small-cap REITs (+3.27%) outperformed in January, followed by solid gains from mid-caps (+2.65%) and la...
Buy 5 IDEAL S&P 600 Small/MidCap 'Safer' February DiviDogs
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Millrose Properties Announces Date of Fourth Quarter and Full Year 2025 Earnings Release and Conference Call
MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP, “Millrose”), the Homesite Option Purchase Platform for residential homebuilders, today announced that it will release its financial result...
Millrose Properties Announces Tax Treatment of 2025 Dividends
MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP, “Millrose” or the “Company”), the Homesite Option Purchase Platform for residential homebuilders, today announced the final income allocat...
Millrose Properties: Lennar Fears Create Opportunity (Upgrade)
Millrose Properties is upgraded to 'buy' after a 10% pullback and a 2.7% dividend increase, offering a 10.3% yield. MRP's revenues remain resilient despite Lennar's margin pressures, with contractual ...
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Millrose Properties Announces Quarterly Dividend Payment
MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP, “Millrose”), the Homesite Option Purchase Platform for residential homebuilders, today announced that its Board of Directors has declared ...
Millrose Properties, Inc. Comments on Completion of Lennar Exchange Offer
MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP) ("Millrose" or the "Company") today issued the following statement in connection with the completion of Lennar Corporation's (NYSE: LEN an...
Lennar Announces Final Results of Exchange Offer
MIAMI , Nov. 26, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B) ("Lennar") announced today the final results of its previously announced offer to exchange up to 33,298,764 shares of Mil...
Lennar Announces Preliminary Results of Exchange Offer
MIAMI , Nov. 24, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B) ("Lennar") announced today that, based on preliminary results, its previously announced offer to exchange up to 33,298,76...
Trump's 50-Year Mortgage Idea Could Be A Big Gift To REITs
A proposed 50-year mortgage and other government subsidies could improve housing affordability. This could have a major impact on various REIT property sectors. I discuss which REITs would benefit the...
Lennar Announces Final Exchange Ratio of 4.1367 in Exchange Offer
MIAMI , Nov. 20, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B) ("Lennar") announced today a final exchange ratio of 4.1367 (the "Final Exchange Ratio") for its previously announced off...
Lennar Confirms Expiration Date of Exchange Offer
Expects Registration Statement to be Effective by Expiration Date MIAMI , Nov. 18, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B) ("Lennar") confirmed today that in view of the reopenin...
Top 5 High-Yielding REITs For Income Seekers
The market has flipped from greed to extreme fear within a month, as investors flee for safety over AI bubble fears, labor market woes, and the ongoing government shutdown. The S&P 500 reached extreme...
Lennar Announces Further Extension of Expiration Date of Exchange Offer
MIAMI , Nov. 7, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B) ("Lennar") announced today that in view of the continuation of the government shutdown, during which the Securities and Ex...
Lennar Announces Extension of Expiration Date of Exchange Offer
MIAMI , Oct. 31, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B) ("Lennar") announced today that as a result of the ongoing U.S. federal government shutdown, it is extending the expirati...
Millrose Properties: Book Value Remains A Likely Ceiling
Millrose Properties has outperformed since its Lennar spinoff, driven by strong demand from homebuilders seeking capital-light land options. MRP's Q3 results exceeded expectations, with robust FFO and...
Millrose Properties, Inc. (MRP) Q3 2025 Earnings Call Transcript
Millrose Properties, Inc. (NYSE:MRP) Q3 2025 Earnings Call October 23, 2025 10:00 AM EDT Company Participants Jesse Ross Darren Richman - CEO & President Robert Nitkin - Chief Operating Officer Adil ...
Millrose Properties Reports Robust Third Quarter 2025 Financial Results
MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP, “Millrose” or the “Company”), the Homesite Option Purchase Platform for residential homebuilders, today announced its financial results fo...
This REIT Offers 9% Yield, Potential Gains, as Land Bank to Homebuilders
Millrose Properties looks poised to deliver nice returns for investors after a successful spinoff from Lennar earlier this year.
The State Of REITs: October 2025 Edition
After a strong August, REITs faded slightly in September (-0.73%), pulling the REIT sector's year-to-date average total return down to (-1.74%). Mid-cap REITs (-0.92%) averaged the lowest total return...