Millrose Properties, Inc.MRP

$28.40+0.34 (+1.21%)
NYSEReal Estate24:00 UTC

Company snapshot

Market Cap
$5B
Mid-cap
+26%
2025 — today
10-Year Price
+26%
2025 — today
52-Week Range
$26.60$35.50
Current $28.40· 20%

Millrose Properties operates as a "Homesite Option Purchase Platform" (HOPP'R), representing an advanced evolution of residential land banking. This platform empowers homebuilders to expand their controlled land holdings more quickly and with greater capital efficiency. As a publicly traded entity, Millrose offers investors an exclusive chance to generate income, underpinned by residential real estate, a type of investment that was historically only available to institutional clients.

Valuation in context

P/E ratio
10.2
Above average
Pricier than usual over the last 10 years
P/B ratio
0.8
Below average
Below the 10-year average
EV / EBITDA
11.8
Historically cheap
Historically cheap relative to the last 10 years
Dividend Yield
10.3%
Near historic high
Near historic highs — last 10 years
FCF Yield
94.4%
Near historic high
Near historic highs — last 10 years
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