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In a recent transaction, Pasha Adil, the Chief Technology Officer of Millrose Properties, Inc. (NASDAQ:MRP), acquired 2,500 shares of the company’s Class A Common Stock. The stock has shown impressive momentum, gaining nearly 30% over the past six months and currently trading near its 52-week high of $28.99. The purchase, which took place on May 21, 2025, was valued at approximately $70,855, with each share priced at $28.342. This transaction increases Adil’s direct ownership in the company to 2,500 shares. According to InvestingPro data, analysts maintain a Buy rating on the stock with price targets ranging from $30 to $39, suggesting potential upside. While the company reported losses in the last twelve months, analysts expect profitability this year, with projected earnings of $2.39 per share.
In other recent news, Millrose Properties Inc. reported its Q1 2025 earnings, surpassing market expectations with an earnings per share (EPS) of $0.39. The company achieved actual revenue of $82.7 million, reflecting a strong financial performance. Millrose also declared its first dividend of $0.38 per share, highlighting its robust financial health. Furthermore, the company increased its full-year 2025 transaction funding guidance to $1.5 billion, with an ambitious stretch target of $2 billion.
The company has secured a new $1 billion delayed draw term loan commitment from Goldman Sachs and JPMorgan to support its growth. Analysts noted that Millrose’s innovative approach in the real estate market positions it well for future opportunities. The company continues to maintain a low debt-to-capitalization ratio of 5%, showcasing its strong financial position. These developments indicate Millrose’s commitment to leveraging structural tailwinds in the housing market for sustained growth.
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