MRP - NYSE

Millrose Properties, Inc.

MRP·NYSE

$29.06

+5.3%

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$4.48B

EPS2.4400

P/E Ratio11.91

Earnings Date07/30/2026

mrp

Interest Expense

Last Annual Value

91.79M

3-Year CAGR

5-Year CAGR

10-Year CAGR

Adjust for Inflation

Millrose Properties, Inc. Competitors Analysis of Interest Expense

MRP · NYSE

Company	Interest Expense	CAGR 3Y	CAGR 5Y	CAGR 10Y
Millrose Properties, Inc. NYSE:MRP	91.79M	N/A	N/A	N/A
Cousins Properties Incorporated NYSE:CUZ	0.00	N/A	N/A	N/A
Global Net Lease, Inc. NYSE:GNL	191.83M	2.3%	15.3%	17.2%
The Macerich Company NYSE:MAC	216.34M	7.8%	2.3%	2.8%
Rexford Industrial Realty, Inc. NYSE:REXR	104.90M	19.5%	21.2%	21.6%
Phillips Edison & Company, Inc. NASDAQ:PECO	110.25M	9.5%	7.6%	13.0%
Howard Hughes Holdings Inc. NYSE:HHH	172.85M	3.3%	5.9%	10.2%
Kite Realty Group Trust NYSE:KRG	123.48M	5.4%	15.4%	6.5%
Independence Realty Trust, Inc. NYSE:IRT	79.00M	-4.2%	16.8%	8.3%
Kilroy Realty Corporation NYSE:KRC	185.00M	17.4%	18.7%	12.7%

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 $29.06, this represents a potential HIDDEN relative to our calculated worth for Millrose Properties, Inc..

HIDDEN

Intrinsic Value

Current Price: $29.06

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