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 Debt Issuance

Last Annual Value

2.05B

3-Year CAGR

405%

5-Year CAGR

164%

10-Year CAGR

63%

Adjust for Inflation

Millrose Properties, Inc. Competitors Analysis of Net Debt Issuance

MRP · NYSE

Company	Net Debt Issuance	CAGR 3Y	CAGR 5Y	CAGR 10Y
Millrose Properties, Inc. NYSE:MRP	2.05B	N/A	N/A	N/A
Cousins Properties Incorporated NYSE:CUZ	246.85M	27.1%	N/A	48.6%
Global Net Lease, Inc. NYSE:GNL	-1.69B	N/A	N/A	N/A
The Macerich Company NYSE:MAC	337.37M	N/A	N/A	-7.8%
Rexford Industrial Realty, Inc. NYSE:REXR	-100.97M	N/A	N/A	N/A
Phillips Edison & Company, Inc. NASDAQ:PECO	252.71M	62.9%	N/A	3.4%
Howard Hughes Holdings Inc. NYSE:HHH	-22.91M	N/A	N/A	N/A
Kite Realty Group Trust NYSE:KRG	-201.71M	N/A	N/A	N/A
Independence Realty Trust, Inc. NYSE:IRT	-105.70M	N/A	N/A	N/A
Kilroy Realty Corporation NYSE:KRC	-15.09M	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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