Millrose Properties, Inc. (MRP) stock
Close on Nov 12, 2026Market cap $4.26BP/E 8.5Yield 9.93%
Millrose Properties, Inc. reported revenue of $792.29M for the twelve months to Sep 30, 2026. Operating income rose 160.1% to $674.91M. At the latest close the market valued the company at $4.26B, 8.5 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $4.26B
- P/E ratio
- 8.5
- Price to sales
- 5.38
- Price to book
- 0.73
- Dividend yield
- 9.93%
- Free cash flow yield
- –
Fundamentals
- Revenue
- $792.29M
- Net income
- $501.01M
- EPS, diluted
- $3.02
- Book value per share
- $35.23
- Diluted shares
- 166M
Trading
- Next earnings
- Feb 25, 2027 (estimated, during market hours)
- Previous close
- $26.03
- Open
- $26.00
- Day's range
- $25.63 – $26.13
- Volume
- 1,265,741
- Average volume (20 days)
- 2,394,646
- Index membership
- S&P SmallCap 600 (since Feb 2025), Russell 1000 (since Mar 2025), Russell 3000 (since Feb 2025)
- 52-week range
- $21.07 – $32.59
- RSI (14 days)
- 53.8
- Volatility (1 year)
- 32.6%
- Relative volume
- 0.64×
On 1 of our idea list: Yields that look too good (a warning list)
Index membership is inferred from the holdings of funds that track each index (SPSM, IJR, IWB, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.
| Period | MRP | S&P 500 | Difference | MRP per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | +15.2% | -2.7% | +17.9 pts | ||
| 3 months | -10.9% | -1.7% | −9.1 pts | ||
| Year to date | -3.9% | +11.9% | −15.8 pts | ||
| 1 year | -9.7% | +12.0% | −21.7 pts | ||
| 3 years | +171.7% | +78.2% | +93.5 pts | +39.5% | +21.2% |
| 5 years | +171.7% | +73.2% | +98.5 pts | +22.1% | +11.6% |
| 10 years | +171.7% | +309.6% | −138.0 pts | +10.5% | +15.1% |
Four years at a glance
Fiscal years 2022 to 2025 and trailing twelve months, USD
Revenue
Operating income
Net income
EPS, diluted
Press releases
Releases Millrose Properties filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Update
- News
- News
- Results
About Millrose Properties
Real Estate
Millrose Properties, Inc. purchases and develops residential land and sells finished homesites to homebuilders through option contracts with predetermined prices and takedown schedules. The company operates in a single reportable segment, deriving its primary revenue from homesites held under option agreements and, to a lesser extent, from interest on development loans secured by residential properties. Its customers consist of residential homebuilders and land development companies looking to acquire entitled homesites while executing asset-light operating strategies.
Company profile, executives and historyMillrose Properties stock: common questions
What is Millrose Properties's stock price?
MRP closed at $25.67 on Nov 12, 2026, down 1.38% on the day. Over the past 52 weeks it traded between $21.07 and $32.59.
What is Millrose Properties's market cap?
Millrose Properties was worth $4.26B at the close on Nov 12, 2026: the share price times the diluted shares outstanding.
What is MRP's P/E ratio?
MRP trades at 8.5 times earnings, based on diluted earnings per share of $3.02 over the twelve months to Sep 30, 2026.
How much revenue does Millrose Properties make?
Millrose Properties reported revenue of $792.29M for the twelve months to Sep 30, 2026.
Does Millrose Properties pay a dividend?
Yes. Millrose Properties paid $2.55 per share over the last twelve months, a yield of 9.93% at the latest price.
When does Millrose Properties report earnings next?
Millrose Properties is expected to report Q4 FY2026 results on Feb 25, 2027, during market hours. The date is estimated from its past reporting pattern until the company confirms it.
How has MRP stock performed over the past year?
Including dividends, MRP returned -9.7% over the past year, against +12.0% for the S&P 500.
How many MRP shares are sold short?
11M shares were sold short at the latest FINRA report, 7.53% of the float, or 3.9 days of average trading volume.
Who are Millrose Properties's competitors?
Companies most similar to Millrose Properties by business, industry and size include FOR, EFC, HPP, TRNO, FPH.
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