Previous Close | 15.63 |
Open | 15.65 |
Bid | 15.56 x 0 |
Ask | 15.60 x 0 |
Day's Range | 15.55 - 15.65 |
52 Week Range | 14.87 - 16.97 |
Volume | |
Avg. Volume | 39,498 |
Market Cap | 556.847M |
Beta (5Y Monthly) | 0.85 |
PE Ratio (TTM) | 7.03 |
EPS (TTM) | 2.22 |
Earnings Date | May 06, 2024 - May 10, 2024 |
Forward Dividend & Yield | 1.56 (10.00%) |
Ex-Dividend Date | Mar 14, 2024 |
1y Target Est | 18.00 |
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MCAN Mortgage Corporation d/b/a MCAN Financial Group ("MCAN", the "Company" or "we") (TSX: MKP) today announced that, in connection with its previously announced overnight marked offering, it has entered into an underwriting agreement with Canaccord Genuity Corp. and BMO Nesbitt Burns Inc. as joint bookrunners, for and on behalf of a syndicate of underwriters (collectively, the "Underwriters") to sell 1,625,000 common shares (the "Common Shares") of the Company at a price of C$15.40 per Common S
MCAN Mortgage Corporation d/b/a MCAN Financial Group ("MCAN", the "Company" or "we") (TSX: MKP) today announced the launch of an overnight marketed offering (the "Offering") of common shares (the "Common Shares") of the Company for total gross proceeds of approximately $20 million. The Offering is being conducted through a syndicate of underwriters co-led by Canaccord Genuity Corp. and BMO Nesbitt Burns Inc. (collectively, the "Underwriters").
MCAN Mortgage Corporation d/b/a MCAN Financial Group ("MCAN", the "Company" or "we") (TSX: MKP) reported our highest annual net income in our history of $77.5 million ($2.22 earnings per share) for 2023, an increase from net income of $55.4 million ($1.77 earnings per share) for the prior fiscal year. Return on average shareholders' equity1 was 15.05% for 2023 compared to 12.47% for the prior fiscal year. We reported higher total net income for the year mainly as a result of higher net corporate