Symbols / MRP Stock $28.93 +0.42% Millrose Properties, Inc.

Real Estate • REIT - Residential • United States • NYQ

MRP (Stock) Chart

O: — H: — L: — C: — V: —

SMA 20: — SMA 50: — SMA 200: —

Stock Fundamentals

Scroll to Statements

Index	EQUITY
Sector	Real Estate
Industry	REIT - Residential
CEO	Mr. Darren Lewis Richman
Exch · Country	NYQ · United States
Market Cap	4.80B
Enterprise Value	7.18B
Income	462.94M
Sales	712.69M
FCF (ttm)	-2.06B
Book/sh	35.26
Cash/sh	0.30
Employees	—
Insider 10d	—
IPO	Feb 05, 2025

Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout	105.02%

P/E	10.37
Forward P/E	8.96
PEG	—
P/S	6.74
P/B	0.82
P/C	—
EV/EBITDA	—
EV/Sales	10.08
Quick Ratio	0.34
Current Ratio	66.46
Debt/Eq	41.52
LT Debt/Eq	—

EPS (ttm)	2.79
EPS next Y	3.23
EPS Growth	89.70%
Revenue Growth	135.70%
EPS Gr Q/Q	89.70%
Rev Gr Q/Q	—
Earnings (next)	2026-05-06
Earnings (prior)	2026-05-06
ROA	4.53%
ROE	7.89%
ROIC	—
Gross Margin	85.44%
Oper. Margin	85.20%
Profit Margin	64.96%

Shs Outstand	154.23M
Shs Float	153.14M
Insider Own	1.13%
Instit Own	93.60%
Short Float	3.69%
Short Ratio	3.23
Short Interest	4.90M
52W High	36.00
vs 52W High	-19.64%
52W Low	26.30
vs 52W Low	10.00%
Beta	—
Impl. Vol.	54.83%
Rel Volume	0.76
Avg Volume	1.45M
Volume	1.10M

Target (mean)	$38.60
Tgt Median	$40.00
Tgt Low	$35.00
Tgt High	$40.00
# Analysts	5
Recom	None
Prev Close	$28.81
Price	$28.93
Change	0.42%

About

Millrose Properties, Inc. is the premier homesite option platform for residential homebuilders. The company specializes in the acquisition and horizontal development of land to provide a predictable, just-in-time supply of finished homesites the scarcest and mission-critical resource in the homebuilding industry. Unlike traditional land bankers, Millrose utilizes a proprietary technology platform that provides real-time feedback and data analytics to drive acquisition decisions. Every transaction in the Millrose portfolio undergoes rigorous independent due diligence to ensure attractive yields and long-term viability. By enabling an asset-light model, Millrose provides its diverse roster of homebuilder partners with the strategic flexibility to maintain production volumes and optimize balance sheet efficiency across all market environments. Millrose Properties, Inc.is based in Miami, United States.

Forward $/yr	—	TTM $/yr	—	Yield %	—
5Y avg yield %	—	Avg FY yield (hist.)	—	CAGR 3Y / 5Y	—

Dividends per share by fiscal year (bars). Yields use FY total dividends divided by year-end weekly close (approximate). Orange dashed line: benchmark average yield (5Y Yahoo average when available, else trailing average of FY yields). Calendar YTD year uses a darker teal bar and a gold YTD marker on the yield line (YTD dividends are incomplete vs a full FY).

Dividend payout history

Yield % uses close on or before ex-date and assumes ~4 payments per year (approximate).

Ex-date	Amount	Yield %	Special

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus

$38.60

Mean price target

2. Current target

$28.93

Latest analyst target

3. DCF / Fair value

$-240.06

Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …

Ratings

Current target

$28.93

Low

$35.00

High

$40.00

Mean

$38.60

Latest analyst rating changes

Date	Action	Analyst	Rating Change	Price Target
2025-10-29	main	Citigroup	Buy → Buy	$38
2025-10-27	main	Freedom Broker	Buy → Buy	$40
2025-10-08	init	JMP Securities	— → Market Outperform	$40
2025-09-22	init	LUCID CAPITAL MARKETS	— → Buy	$40
2025-05-15	main	Goldman Sachs	Buy → Buy	$32
2025-04-14	init	Citigroup	— → Buy	$30
2025-02-27	init	Goldman Sachs	— → Buy	$25

News

RSS: Latest MRP news

Assessing Millrose Properties (MRP) Valuation After Recent Trading And Undervaluation Signals - simplywall.st Sat, 06 Jun 2026 19
Is Millrose Properties, Inc. (MRP) A Good Stock To Buy Now? - Yahoo Finance Sun, 15 Mar 2026 07
Millrose Properties: Solid Income Prospects With Limited Growth (NYSE:MRP) - Seeking Alpha Wed, 06 May 2026 07
(MRP) as a Liquidity Pulse for Institutional Tactics - Stock Traders Daily Sun, 31 May 2026 18
Millrose adds $500 million loan, replacing secured credit with unsecured debt - Stock Titan Fri, 27 Mar 2026 07
Millrose Properties, Inc. (MRP) Strengthens Balance Sheet with $1.835 Credit Facility - Yahoo Finance ue, 05 May 2026 07
These 10 mid-cap U.S. REIT stocks earn top valuation grades in today's market - Seeking Alpha Mon, 01 Jun 2026 19
Millrose Properties (MRP) Highlights Platform Strength with Higher Dividend - Yahoo Finance Sat, 31 Jan 2026 08
Is It Time To Reassess Millrose Properties (MRP) After The Recent Share Price Pullback - simplywall.st Sat, 09 May 2026 07
Millrose Properties: The 11% Yield Is Attractive, But Governance Risk Limits The Upside - Seeking Alpha Fri, 22 May 2026 07
A Look At Millrose Properties (MRP) Valuation After Strong Revenue And Earnings Figures - Yahoo Finance Sun, 01 Mar 2026 08
Millrose Properties: An Attractive 9+% Yield As Portfolio Ramps Up (NYSE:MRP) - Seeking Alpha hu, 26 Feb 2026 08
Has Millrose Properties (MRP) Run Too Far After 50% One Year Share Price Jump? - Yahoo Finance Sun, 01 Mar 2026 08
Why Millrose Properties (MRP) Stands Out Among 2025 Spin-Offs - Yahoo Finance Mon, 29 Dec 2025 08
Millrose (MRP) 2025 Net Income Hits $2.44 Per Share on $9.2B Portfolio Growth - Yahoo Finance hu, 05 Mar 2026 08

Insider Transactions

Filed Date	Insider	Relationship	Transaction	Shares	Price	Value
2026-05-18	GORSON MATTHEW B.	Director	—	4,500	$26.96	$121,342
2026-05-13	MIGOYA CARLOS A	Director	—	5,639	$0.00	$0
2026-05-13	BARTELS PATRICK J. JR.	Director	—	5,639	$0.00	$0
2026-05-13	LYNCH KATHLEEN B	Director	—	5,639	$0.00	$0
2026-05-13	MINCEY MARY ALISON	Director	—	5,639	$0.00	$0
2026-05-13	GORSON MATTHEW B.	Director	—	5,639	$0.00	$0
2026-05-13	PRESA RACHEL JADE	General Counsel	—	1,032	$26.62	$27,876
2026-05-12	NITKIN ROBERT	Chief Operating Officer	—	1,840	$26.60	$48,944
2026-05-11	RICHMAN DARREN	Chief Executive Officer	—	235,000	$27.31	$6,418,320
2026-03-05	GORSON MATTHEW B.	Director	—	1,000	$30.66	$30,665

Financials

Statement View

Line Item	2025-12-31	2024-12-31	2023-12-31
Total Revenue	600.46	0.00	0.00
Operating Revenue	600.46	0.00	0.00
Cost Of Revenue	87.75	0.00	0.00
Reconciled Cost Of Revenue	87.75	0.00	0.00
Gross Profit	512.71	0.00	0.00
Operating Expense	26.64 -89.18%	246.22 +17.36%	209.79
Selling General And Administration	25.64 -89.59%	246.22 +17.36%	209.79
General And Administrative Expense	25.64 -89.59%	246.22 +17.36%	209.79
Salaries And Wages	0.68	0.00	0.00
Other Gand A	24.96 -89.86%	246.22 +17.36%	209.79
Total Expenses	114.39 -53.54%	246.22 +17.36%	209.79
Operating Income	486.07 +297.41%	-246.22 -17.36%	-209.79
Total Operating Income As Reported	486.07 +297.41%	-246.22 -17.36%	-209.79
EBITDA	492.17 +299.89%	-246.22 -17.36%	-209.79
Normalized EBITDA	492.17 +299.89%	-246.22 -17.36%	-209.79
EBIT	492.17 +299.89%	-246.22 -17.36%	-209.79
Net Income	379.86 +254.28%	-246.22 -17.36%	-209.79
Pretax Income	400.37 +262.61%	-246.22 -17.36%	-209.79
Net Non Operating Interest Income Expense	-84.09	0.00	0.00
Interest Expense Non Operating	91.79	0.00	0.00
Net Interest Income	-84.09	0.00	0.00
Interest Expense	91.79	0.00	0.00
Interest Income Non Operating	7.70	0.00	0.00
Interest Income	7.70	0.00	0.00
Other Income Expense	-1.60	—	—
Other Non Operating Income Expenses	-1.60	—	—
Tax Provision	20.51	0.00	0.00
Tax Rate For Calcs	0.00	0.00	0.00
Tax Effect Of Unusual Items	0.00	0.00	0.00
Net Income Including Noncontrolling Interests	379.86 +254.28%	-246.22 -17.36%	-209.79
Net Income From Continuing Operation Net Minority Interest	379.86 +254.28%	-246.22 -17.36%	-209.79
Net Income From Continuing And Discontinued Operation	379.86 +254.28%	-246.22 -17.36%	-209.79
Net Income Continuous Operations	379.86 +254.28%	-246.22 -17.36%	-209.79
Normalized Income	379.86 +254.28%	-246.22 -17.36%	-209.79
Net Income Common Stockholders	404.82 +264.41%	-246.22 -17.36%	-209.79
Otherunder Preferred Stock Dividend	-24.96	0.00	0.00
Diluted EPS	2.44 +264.50%	-1.48 +4.55%	-1.55
Basic EPS	2.44 +264.50%	-1.48 +4.55%	-1.55
Basic Average Shares	166.00 +0.00%	166.00 +22.96%	135.00
Diluted Average Shares	166.03 +0.02%	166.00 +22.96%	135.00
Diluted NI Availto Com Stockholders	404.82 +264.41%	-246.22 -17.36%	-209.79
Provision For Doubtful Accounts	1.00	0.00	0.00

Line Item	2025-12-31	2024-12-31	2023-12-31
Total Assets	9,258.11 +69.40%	5,465.29 +5465289900.00%	0.00
Current Assets	364.05 -93.34%	5,465.29 +5465289900.00%	0.00
Cash Cash Equivalents And Short Term Investments	35.05	0.00 -100.00%	0.00
Cash And Cash Equivalents	35.05	0.00 -100.00%	0.00
Cash Financial	35.05	0.00 -100.00%	0.00
Receivables	329.00	0.00	—
Loans Receivable	329.00	0.00	—
Inventory	0.00 -100.00%	5,465.29	—
Finished Goods	0.00 -100.00%	5,465.29	—
Total Non Current Assets	8,894.06	0.00	0.00
Non Current Deferred Assets	6.92	—	—
Other Non Current Assets	14.45	—	—
Total Liabilities Net Minority Interest	3,401.84 +1008.39%	306.92	0.00
Current Liabilities	185.45 -34.41%	282.73	—
Payables And Accrued Expenses	185.45 -34.41%	282.73	—
Payables	137.50	—	—
Other Payable	13.00	—	—
Dividends Payable	124.50	—	—
Current Accrued Expenses	47.94	—	—
Total Non Current Liabilities Net Minority Interest	3,216.40 +13197.50%	24.19	—
Long Term Debt And Capital Lease Obligation	2,112.06 +8631.86%	24.19	—
Long Term Debt	2,112.06 +8631.86%	24.19	—
Non Current Deferred Liabilities	77.33	0.00	—
Non Current Deferred Taxes Liabilities	77.33	0.00	—
Other Non Current Liabilities	1,027.00	—	—
Stockholders Equity	5,856.26 +13.53%	5,158.37 +5158371900.00%	0.00
Common Stock Equity	5,856.26 +13.53%	5,158.37 +5158371900.00%	0.00
Capital Stock	1.66	0.00 -100.00%	0.00
Common Stock	1.66	0.00 -100.00%	0.00
Preferred Stock	0.00	0.00	—
Share Issued	166.00 +0.00%	166.00 +0.00%	166.00
Ordinary Shares Number	166.00 +0.00%	166.00 +0.00%	166.00
Additional Paid In Capital	5,873.09	0.00 -100.00%	0.00
Retained Earnings	-18.48	0.00	—
Total Equity Gross Minority Interest	5,856.26 +13.53%	5,158.37 +5158371900.00%	0.00
Total Capitalization	7,968.32 +53.75%	5,182.56 +5182559900.00%	0.00
Working Capital	178.60 -96.55%	5,182.56	—
Invested Capital	7,968.32 +53.75%	5,182.56 +5182559900.00%	0.00
Total Debt	2,112.06 +8631.86%	24.19	—
Net Debt	2,077.02 +8486.97%	24.19	—
Net Tangible Assets	5,856.26 +13.53%	5,158.37 +5158371900.00%	0.00
Tangible Book Value	5,856.26 +13.53%	5,158.37 +5158371900.00%	0.00
Financial Assets	8,872.69	0.00	—
Interest Payable	47.58	—	—
Other Equity Interest	—	5,158.37	—

Line Item	2025-12-31	2024-12-31	2023-12-31
Operating Cash Flow	3,672.82 +500.44%	-917.19 -6.02%	-865.12
Cash Flow From Continuing Operating Activities	3,672.82 +500.44%	-917.19 -6.02%	-865.12
Net Income From Continuing Operations	379.86 +254.28%	-246.22 -17.36%	-209.79
Other Non Cash Items	15.73 +121092.31%	-0.01	—
Stock Based Compensation	0.68 -95.47%	14.94 +47.99%	10.09
Provisionand Write Offof Assets	1.00	0.00	0.00
Change In Working Capital	3,275.55 +577.56%	-685.90 -3.08%	-665.42
Change In Inventory	0.00 +100.00%	-716.07 -11.56%	-641.86
Change In Payables And Accrued Expense	0.00 -100.00%	30.18 +228.10%	-23.56
Change In Other Working Capital	3,236.52	—	—
Change In Other Current Assets	-8.63	0.00	0.00
Change In Other Current Liabilities	47.66	0.00	0.00
Investing Cash Flow	-5,722.23	0.00	0.00
Cash Flow From Continuing Investing Activities	-5,722.23	0.00	0.00
Net Investment Purchase And Sale	-5,149.38	0.00	0.00
Purchase Of Investment	-5,149.38	0.00	0.00
Net Business Purchase And Sale	-858.94	0.00	0.00
Purchase Of Business	-858.94	0.00	0.00
Net Other Investing Changes	286.09	—	—
Financing Cash Flow	2,084.46 +127.26%	917.19 +6.02%	865.12
Cash Flow From Continuing Financing Activities	2,084.46 +127.26%	917.19 +6.02%	865.12
Net Issuance Payments Of Debt	2,104.00 +15684.03%	-13.50 +27.75%	-18.69
Issuance Of Debt	4,835.00	0.00	0.00
Repayment Of Debt	-2,731.00 -20128.13%	-13.50 +27.75%	-18.69
Long Term Debt Issuance	4,835.00	0.00	0.00
Long Term Debt Payments	-2,731.00 -20128.13%	-13.50 +27.75%	-18.69
Net Long Term Debt Issuance	2,104.00 +15684.03%	-13.50 +27.75%	-18.69
Common Stock Dividend Paid	-298.81	0.00	0.00
Cash Dividends Paid	-298.81	0.00	0.00
Net Other Financing Charges	279.26 -69.99%	930.70 +5.31%	883.81
Changes In Cash	35.05	—	—
Beginning Cash Position	0.00	0.00	0.00
End Cash Position	35.05	0.00	0.00
Free Cash Flow	3,672.82 +500.44%	-917.19 -6.02%	-865.12
Interest Paid Supplemental Data	23.94	0.00	0.00
Income Tax Paid Supplemental Data	8.50	0.00	0.00

SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

42026-05-19 View
8-K2026-05-19 View
42026-05-13 View
42026-05-13 View
42026-05-13 View
42026-05-13 View
42026-05-13 View
42026-05-13 View
42026-05-13 View
42026-05-13 View
10-Q2026-05-06 View
8-K2026-05-06 View
8-K2026-03-27 View
8-K2026-03-23 View
42026-03-09 View
10-K2026-03-02 View
8-K2026-02-27 View
8-K2026-02-26 View
8-K2025-12-22 View
42025-12-12 View

Trades

Date	User	Broker	Pattern	Type	Position Size	Entry Price	Trade P&L	Status

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