Millrose Properties, Inc. (MRP)

US — Real Estate Sector
Peers: KRG  KRC  IRT  CUZ  GNL  REXR  HHH  PECO  BPYPO  MAC 

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Key Metrics & Ratings

  • symbol MRP
  • Rev/Share 0.3789
  • Book/Share 35.2903
  • PB 0.9119
  • Debt/Equity 0.0
  • CurrentRatio 0.0
  • ROIC -0.0155

 

  • MktCap 4961631015.0
  • FreeCF/Share -8.3535
  • PFCF -3.578
  • PE -27.8664
  • Debt/Assets 0.0
  • DivYield 0.0559
  • ROE -0.0337

 

  • Rating C-
  • Score 1
  • Recommendation Strong Sell
  • P/E Score 1
  • DCF Score 1
  • P/B Score 4
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Initiation MRP Citizens JMP -- Mkt Outperform -- $40 Oct. 8, 2025
Initiation MRP Citigroup -- Buy -- $30 April 14, 2025
Initiation MRP Goldman -- Buy -- $25 Feb. 27, 2025

News

Millrose Properties, Inc. (MRP) Q3 2025 Earnings Call Transcript
MRP
Published: October 23, 2025 by: Seeking Alpha
Sentiment: Neutral

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 Pasha - Chief Technology Officer Garett Rosenblum - CFO & Treasurer Conference Call Participants Julien Blouin - Goldman Sachs Group, Inc., Research Division Eric Wolfe - Citigroup Inc., Research Division Craig Kucera - Lucid Capital Markets, LLC, Research Division Aaron Hecht - Citizens JMP Securities, LLC, Research Division Presentation Operator Ladies and gentlemen, thank you for standing by. At this time, I would like to welcome everyone to …

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image for news Millrose Properties, Inc. (MRP) Q3 2025 Earnings Call Transcript
The State Of REITs: October 2025 Edition
AMT, BBRE, CIO, COLD, DFAR, DFGR, FREL, ICF, IYR, MRP, PECO, PLYM, RWR, SBAC, SCHH, UNIT, USRT, VNQ, WHLR, XLRE
Published: October 13, 2025 by: Seeking Alpha
Sentiment: Negative

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 in September. Large caps (-0.29%), micro caps (-0.79%), and small caps (-0.83%) averaged modestly smaller declines. Only 37.4% of REIT securities had a positive total return in September.

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image for news The State Of REITs: October 2025 Edition
Trade Tracker: Jenny Harrington buys Millrose Properties and Kimberly-Clark
KMB, MRP
Published: October 07, 2025 by: CNBC Television
Sentiment: Positive

Jenny Harrington, CEO at Gilman Hill Asset Management, joins CNBC's "Halftime Report" to detail her latest buys.

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image for news Trade Tracker: Jenny Harrington buys Millrose Properties and Kimberly-Clark
Millrose Properties: An 8% Investment-Grade Dividend Yield From American Land Banking
MRP
Published: August 25, 2025 by: Seeking Alpha
Sentiment: Positive

Millrose Properties is paying out a substantial dividend yield of 8% following its spinoff from Lennar earlier this year. The REIT is trading at a small discount to its book value per share and is targeting a dividend payout ratio of 100% of AFFO. An investment-grade rating and a conservatively leveraged balance sheet reduce MRP's overall risk profile.

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image for news Millrose Properties: An 8% Investment-Grade Dividend Yield From American Land Banking
5 Stocks That Launched New Dividends In This Roller-Coaster Market
MRP, REGN, VTOL, WDC, WSC
Published: July 29, 2025 by: Forbes
Sentiment: Positive

Brand new dividends are often the best divvies to buy. Here why.

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image for news 5 Stocks That Launched New Dividends In This Roller-Coaster Market
Why Millrose Properties Stock Was Winning This Week
MRP
Published: March 21, 2025 by: The Motley Fool
Sentiment: Positive

For the first time in its (admittedly short) history as a publicly traded real estate investment trust (REIT), Millrose Properties (MRP -0.36%) has declared a dividend, and investors were quite happy about the news.

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image for news Why Millrose Properties Stock Was Winning This Week
Millrose Properties Is A Compelling Opportunity As Its Business Ramps
MRP
Published: March 19, 2025 by: Seeking Alpha
Sentiment: Positive

Millrose Properties shares surged 10% following its first quarterly dividend announcement and anticipated earnings run-rate, making it an attractive investment. MRP, spun out from Lennar, holds attractive land assets, offering a 10.8% yield and targeting a 7% ROE, with potential for improvement. Despite current discounts due to Lennar's stake and market pressures, MRP's diverse portfolio and strategic deals with other builders promise stable cash flows.

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image for news Millrose Properties Is A Compelling Opportunity As Its Business Ramps

About Millrose Properties, Inc. (MRP)

  • IPO Date 2025-02-05
  • Website https://millroseproperties.com
  • Industry REIT - Residential
  • CEO Darren L. Richman
  • Employees None

Millrose Properties is a Homesite Option Purchase Platform (“HOPP'R”), an evolution of residential land banking, accelerating homebuilders' capital-efficient growth of controlled land positions. As a publicly traded Homesite Option Purchase Platform, Millrose provides investors with a unique residential real estate backed income-generating investment opportunity historically limited to institutional investors.