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

Other Non-Current Assets

Last Annual Value

21.37M

3-Year CAGR

-24%

5-Year CAGR

-15%

10-Year CAGR

-8%

Adjust for Inflation

Millrose Properties, Inc. Competitors Analysis of Other Non-Current Assets

MRP · NYSE

Company	Other Non-Current Assets	CAGR 3Y	CAGR 5Y	CAGR 10Y
Millrose Properties, Inc. NYSE:MRP	21.37M	N/A	N/A	N/A
Cousins Properties Incorporated NYSE:CUZ	140.17M	-73.0%	-54.1%	-27.7%
Global Net Lease, Inc. NYSE:GNL	3.89B	-20.0%	-0.3%	N/A
The Macerich Company NYSE:MAC	775.21M	-49.6%	-34.4%	-20.4%
Rexford Industrial Realty, Inc. NYSE:REXR	-11.73B	N/A	N/A	N/A
Phillips Edison & Company, Inc. NASDAQ:PECO	4.98B	2.3%	2.6%	63.0%
Howard Hughes Holdings Inc. NYSE:HHH	-7.55B	N/A	N/A	N/A
Kite Realty Group Trust NYSE:KRG	163.51M	-70.7%	-52.6%	-26.4%
Independence Realty Trust, Inc. NYSE:IRT	182.29M	-68.5%	-50.8%	-17.2%
Kilroy Realty Corporation NYSE:KRC	9.89B	-0.0%	0.9%	63.9%

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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