$ 33.58
Key Takeaways
Risk factor
Considerable default risk
Profitability factor
Very poor margins and returns
About
Millrose Properties is a Homesite Option Purchase Platform (HOPP'R), an evolution of residential land banking, accelerating homebuilders' capital-efficient growth of controlled land positions. As a publicly traded Homesite Option Purchase Platform, Millrose provides investors with a unique residential real estate backed income-generating investment opportunity historically limited to institutional investors.
Company Valuation
From both historical and forecast perspectives, the stock is moderately underpriced compared to similar stocks. In particular, the stock is reasonably priced on P/E.
Target Price
The average target price of MRP is 37 and suggests 9% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation sugg
