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 Liabilities

Last Annual Value

285.45M

3-Year CAGR

5-Year CAGR

10-Year CAGR

Adjust for Inflation

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

MRP · NYSE

Company	Other Non-Current Liabilities	CAGR 3Y	CAGR 5Y	CAGR 10Y
Millrose Properties, Inc. NYSE:MRP	285.45M	N/A	N/A	N/A
Cousins Properties Incorporated NYSE:CUZ	168.93M	42.2%	74.7%	5.3%
Global Net Lease, Inc. NYSE:GNL	5.30M	1.0%	N/A	-38.7%
The Macerich Company NYSE:MAC	638.71M	84.0%	39.9%	16.8%
Rexford Industrial Realty, Inc. NYSE:REXR	186.09M	8.0%	6.7%	N/A
Phillips Edison & Company, Inc. NASDAQ:PECO	0.00	N/A	N/A	N/A
Howard Hughes Holdings Inc. NYSE:HHH	1.16B	29.7%	479.9%	18.2%
Kite Realty Group Trust NYSE:KRG	70.27M	16.4%	N/A	-1.6%
Independence Realty Trust, Inc. NYSE:IRT	8.84M	-3.1%	N/A	4.5%
Kilroy Realty Corporation NYSE:KRC	286.96M	N/A	N/A	N/A

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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