Millrose Properties Stock (NYSE:MRP)
Previous Close
$29.28
52W Range
$26.30 - $36.00
50D Avg
$28.87
200D Avg
$30.73
Market Cap
$4.49B
Avg Vol (3M)
$1.47M
Beta
0.31
Div Yield
$3.04 (10.06%)
MRP Company Profile
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.