MRP - NYSE

Millrose Properties, Inc.

MRP·NYSE

$28.81

+4.4%

Real EstateREIT - Residential

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.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$4.44B

EPS2.4400

P/E Ratio11.81

Earnings Date07/30/2026

mrp

Net Receivables

Last Annual Value

329.00M

3-Year CAGR

5-Year CAGR

10-Year CAGR

Adjust for Inflation

Millrose Properties, Inc. Competitors Analysis of Net Receivables

MRP · NYSE

Company	Net Receivables	CAGR 3Y	CAGR 5Y	CAGR 10Y
Millrose Properties, Inc. NYSE:MRP	329.00M	N/A	N/A	N/A
Cousins Properties Incorporated NYSE:CUZ	286.86M	9.2%	11.4%	15.6%
Global Net Lease, Inc. NYSE:GNL	100.85M	6.2%	6.3%	34.6%
The Macerich Company NYSE:MAC	59.63M	-31.8%	-22.4%	-11.6%
Rexford Industrial Realty, Inc. NYSE:REXR	314.08M	6.0%	34.1%	31.3%
Phillips Edison & Company, Inc. NASDAQ:PECO	134.23M	7.6%	11.6%	N/A
Howard Hughes Holdings Inc. NYSE:HHH	105.27M	-48.0%	-28.8%	-13.7%
Kite Realty Group Trust NYSE:KRG	127.86M	4.1%	13.3%	9.2%
Independence Realty Trust, Inc. NYSE:IRT	0.00	N/A	N/A	N/A
Kilroy Realty Corporation NYSE:KRC	437.56M	-2.7%	0.8%	6.5%

Millrose Properties, Inc. Fair Value Envelope

MRP · NYSE

Our analysis suggests that MRP has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $28.81, this represents a potential HIDDEN relative to our calculated worth for Millrose Properties, Inc..

HIDDEN

Intrinsic Value

Current Price: $28.81

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