Millrose Properties, Inc. (MRP)
Millrose Properties, Inc. operates in the REIT - Residential industry of the Real Estate sector, headquartered in Miami, FL, US. The stock last traded at $29.76, up 0.10% on the session, giving a market capitalisation of $4.59B. On trailing twelve-month figures it carries a trailing P/E of 10.37, a net margin of 62.6%. Its beta of 0.30 implies it has historically moved less than the broad market.
Millrose Properties operates as a "Homesite Option Purchase Platform" (HOPP'R), representing an advanced evolution of residential land banking. This platform empowers homebuilders to expand their controlled land holdings more quickly and with greater capital efficiency. As a publicly traded entity, Millrose offers investors an exclusive chance to generate income, underpinned by residential real estate, a type of investment that was historically only available to institutional clients.
Millrose Properties, Inc. is most often compared with the following Real Estate names: