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

Shares Outstanding

Last Annual Value

166.03M

3-Year CAGR

5-Year CAGR

10-Year CAGR

Adjust for Inflation

Millrose Properties, Inc. Competitors Analysis of shares-outstanding

MRP · NYSE

Company	shares-outstanding	CAGR 3Y	CAGR 5Y	CAGR 10Y
Millrose Properties, Inc. NYSE:MRP	166.03M	7.1%	N/A	N/A
Cousins Properties Incorporated NYSE:CUZ	168.72M	3.5%	2.5%	10.2%
Global Net Lease, Inc. NYSE:GNL	223.25M	16.1%	17.8%	14.7%
The Macerich Company NYSE:MAC	256.62M	6.0%	5.3%	5.8%
Rexford Industrial Realty, Inc. NYSE:REXR	232.55M	4.6%	10.7%	14.0%
Phillips Edison & Company, Inc. NASDAQ:PECO	138.90M	1.5%	3.5%	8.4%
Howard Hughes Holdings Inc. NYSE:HHH	59.12M	6.0%	1.6%	3.3%
Kite Realty Group Trust NYSE:KRG	214.46M	-0.8%	14.2%	9.9%
Independence Realty Trust, Inc. NYSE:IRT	234.75M	1.5%	16.4%	16.2%
Kilroy Realty Corporation NYSE:KRC	119.01M	0.4%	0.3%	2.5%

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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