MRP
Millrose Properties, Inc.
About: Millrose Properties Inc is a Holding Company. The company along with its subsidiaries is engaged in providing operational and capital solutions for home builders and land development companies to finance the acquisition and development of land assets through its Homesite Option Purchase Platform.
–
Funds holding %
of 7,372 funds
–
Analysts bullish %
Fund manager confidence
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$25
13%
upside
Avg. target
$25
13%
upside
High target
$25
13%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Goldman Sachs Julien Blouin 40% 1-year accuracy 4 / 10 met price target | 13%upside $25 | Buy Initiated | 27 Feb 2025 |
Financial journalist opinion
Neutral
24/7 Wall Street
2 weeks ago
Biotechs Highlight 6 Stocks Insiders Are Buying Now
Biotech companies saw the most notable insider purchases of the past week, including at the latest of the recent handful of biotech initial public offerings.
Neutral
Business Wire
1 month ago
Millrose Properties Completes Acquisition of Rausch Coleman Homes Land Assets
MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP, “Millrose”), a “first-of-its-kind” Homesite Option Purchase Platform for residential homebuilders (HOPP'R), announced today that it has completed the previously announced acquisition of approximately 24,000 homesites from Rausch Coleman Homes (“Rausch Coleman”), and simultaneously executed option agreements with Lennar Corporation (“Lennar”) on all acquired homesites. Millrose acquired the Rausch Coleman homesites for approximately $.
Neutral
PRNewsWire
1 month ago
Lennar Completes Acquisition of Rausch Coleman Homes
MIAMI , Feb. 10, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B, "Lennar") announced today the completion of the previously announced acquisition of Rausch Coleman Homes, a residential homebuilder based in Fayetteville, Arkansas ("Rausch Coleman"). Lennar acquired Rausch Coleman's homebuilding operations, which delivered approximately 5,300 homes with an average sales price of about $230,000 in calendar year 2024.
Neutral
PRNewsWire
1 month ago
Lennar Completes Spin-off of Millrose Properties
MIAMI , Feb. 7, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B, "Lennar"), one of the nation's leading homebuilders, and Millrose Properties, Inc. (NYSE: MRP, "Millrose"), a "first-of-its-kind" homesite option purchase platform, jointly announced today that they have successfully completed the previously announced taxable spin-off (the "Spin-Off") of Millrose from Lennar through a distribution of approximately 80% of Millrose's stock to Lennar's stockholders (the "Distribution"). Prior to the open of trading on the New York Stock Exchange today, each holder of Lennar Class A or Class B common stock as of the close of business on January 21, 2025, the record date of the Spin-Off, received one share of Millrose Class A common stock, unless the holder elected to receive one share of Millrose Class B common stock, for each two shares of Lennar Class A or Class B common stock.
Neutral
PRNewsWire
1 month ago
Millrose Properties Set to Join S&P SmallCap 600
NEW YORK , Feb. 5, 2025 /PRNewswire/ -- Millrose Properties Inc. (NYSE: MRP) will replace Ironwood Pharmaceuticals Inc. (NASD: IRWD) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, February 10. S&P 500 constituent Lennar Corp (NYSE: LEN) is spinning off Millrose Properties in a transaction expected to be completed on Friday, February 7.
Charts implemented using Lightweight Charts™