The analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is momentum reading neutral. Over the past year the shares are up 14%. Our forward projection puts the odds of a 10% gain over the next month near 28%. The street (5 analysts) rates it none, with a mean price target of $39. It reported earnings in this window, a natural checkpoint for the thesis.
Millrose Properties, Inc.
MRP · the NYSE · USD · Market cap $3.9B
Millrose Properties, Inc.
PASS · Titan Ethical · score 70.0Price as of 28 Oct 2026Daily close, not a live quote
Screened 2026-10-28 · the tape above runs as of 02:01 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed
Key facts today
- Price25.38 USD at the 28 Oct 2026 close
- Ethical screenPasses, score 70.0 out of 100
- OptionsOpen interest leans slightly to calls (put/call 0.92)
- Last reviewed28 Oct 2026 (1 days ago)
A summary of the dated readings below, not a live quote and not advice.
What this means: price 25.38 against the desk's fair-value range, base estimate 40.00, over the last year.
- Trend Distribution
- Insiders no filings inside 60 days, left as found
- Positioning no disclosures inside 60 days, left as found
- Options put/call open interest 0.92, read 2026-10-28
- Ethical passes the values gate
Our analytic regime reads on this name, dated and marked against the screened price. Small sample per name, and separate from the daily-framework accuracy on the Track Record page.
This name holds its distribution label.
Millrose Properties, Inc. holds its Distribution at $25.38. Elevated stress, defensive posture warranted, held for 8 days.
| Phase | Distribution · caution |
| Quantitative state | Elevated stress, defensive posture warranted, held for 8 days |
| Price at the screen | $25.38 |
| Valuation | 8.17 trailing · 7.25 forward price to earnings |
| Values screen | PASS · score 70.0 |
Five Screens, Shown in Full
Full pass across all five screens. This security clears the Titan Ethical Standard: its business and its balance sheet both stay inside the lines.
| Test | Figure | Limit | What it means | Status |
|---|---|---|---|---|
| Business activity | Permissible | Core business clean | Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending. | Pass |
| Debt load | 22.81% | Below 33% | Interest-bearing debt is just 22.8% of its assets, well under the one-third ceiling: it does not run on borrowed money. | Pass |
| Interest-bearing cash | 0.00% | Below 33% | Cash held in interest-bearing accounts and securities is 0.0% of assets, under the one-third limit. | Pass |
| Receivables | 3.93% | Below 49% | Money owed to the company is 3.9% of assets, under the 49% limit. | Pass |
| Revenue purity | 1.28% | Below 5% | Only 1.3% of revenue comes from non-compliant sources, under the 5% line. | Pass |
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
The Ethical ReadWhy It Clears, in Plain English
Millrose Properties, clears all five screens. Its business is in a permissible area, its interest-bearing debt is about 23%, inside the ~33% line, and interest is about 1% of its income, under the ~5% line, so it passes.
Read as at 2026-10-28. It updates when the underlying figures move, and past reads are kept below.
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The Fair Value Range
Fair value range in USD, drawn from the 2026-10-28 screen. The gold marker is the market price at the same screen. A 57.6% margin of safety to the base estimate.
Third-party analyst targets: 5 covering, consensus None. The average target sits +38% from the screen price.
Reading the gap · Both our model and the analysts see meaningful upside from here.
Price History & ProjectionsWhere it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-10-28 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain WordsLand Platform Grows Fast Yet Opportunity Rating Stays Flat
Picture a homebuilder who needs finished plots ready the week construction starts, not months early or late. Millrose supplies exactly that through land acquisition and horizontal development, delivering revenue growth of 136 percent and a 65 percent profit margin at a forward multiple of just 9.1 times. The shares trade at 29.42 dollars against a 40 dollar median analyst target, offering a 36 percent margin of safety and a clean ethical pass.
Yet the opportunity rating sits at none. Return on equity of only 8 percent and an unknown moat leave the business exposed once housing cycles turn, and the low multiple may simply reflect peak earnings rather than a durable bargain. Five analysts offer no consensus rating, underscoring the lack of conviction.
Real estate remains cyclical, so thin returns on equity can linger even when growth looks strong today. The numbers do not yet clear our threshold for a positive call. Analysis, not advice.
| Forward P/E | 7.2xcheap for a company growing this fast |
| Trailing P/E | 8.2xvery cheap relative to earnings |
| EPS, trailing | 2.87 |
| EPS, forward | 3.24 |
| Revenue growth | +32.1%strong top-line growth |
| Profit margin | 62.6%highly profitable on every dollar of sales |
| Return on equity | 8.1%a modest return on shareholder capital |
| FCF yield | -35.42% |
| Dividend yield | 1,044.00% |
| Debt to equity | 0.43minimal debt: a conservative balance sheet |
| Current ratio | 46.57comfortably covers its short-term bills |
| Short interest, float | 0.06% |
| 52-week range | 21.07 - 33.49 |
| Market cap | $3.9B |
The risks · The main risks here are ordinary market swings and the chance our fair-value read proves too optimistic.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to TradeMRP trades on the NYSE. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
Every Entry, As Written
The analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is momentum reading neutral. Over the past year the shares are up 14%. Our forward projection puts the odds of a 10% gain over the next month near 28%. The street (5 analysts) rates it none, with a mean price target of $39. It reported earnings in this window, a natural checkpoint for the thesis.
The analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is momentum reading oversold. Over the past year the shares are up 14%. Our forward projection puts the odds of a 10% gain over the next month near 28%. The street (5 analysts) rates it none, with a mean price target of $39. It reported earnings in this window, a natural checkpoint for the thesis.
The analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is momentum reading oversold. Over the past year the shares are up 14%. Our forward projection puts the odds of a 10% gain over the next month near 28%. The street (5 analysts) rates it none, with a mean price target of $39. It reported earnings in this window, a natural checkpoint for the thesis.
The analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is momentum reading oversold. Over the past year the shares are up 14%. Our forward projection puts the odds of a 10% gain over the next month near 28%. The street (5 analysts) rates it none, with a mean price target of $39. It reported earnings in this window, a natural checkpoint for the thesis.
The analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is momentum reading oversold. Over the past year the shares are up 14%. Our forward projection puts the odds of a 10% gain over the next month near 28%. The street (5 analysts) rates it none, with a mean price target of $39. It reported earnings in this window, a natural checkpoint for the thesis.
The analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved up 5.6% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is momentum reading oversold. Over the past year the shares are up 14%. Our forward projection puts the odds of a 10% gain over the next month near 28%. The street (5 analysts) rates it none, with a mean price target of $39. It reported earnings in this window, a natural checkpoint for the thesis.
The analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.6% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is momentum reading oversold. Over the past year the shares are up 14%. Our forward projection puts the odds of a 10% gain over the next month near 28%. The street (5 analysts) rates it none, with a mean price target of $39. It reported earnings in this window, a natural checkpoint for the thesis.
The analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 11.3% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading bullish. Over the past year the shares are up 14%. Our forward projection puts the odds of a 10% gain over the next month near 28%. The street (5 analysts) rates it none, with a mean price target of $39.
The framework has shifted from accumulation to distribution since the last review. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 18.6% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading bullish. Over the past year the shares are up 14%. Our forward projection puts the odds of a 10% gain over the next month near 28%. The street (5 analysts) rates it none, with a mean price target of $39.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
- The US housing market just took a turn: Unusual home sales trigger alarm — and a big lawsuit. Is your nest egg exposed? Yahoo Finance · 12d ago
- Warren Buffett’s Berkshire Now Owns 12% of This Homebuilder — Just as America’s Housing Market Deteriorates Yahoo Finance · 18d ago
- Millrose Properties Announces Date of Third Quarter 2026 Earnings Release and Conference Call Yahoo Finance · 22d ago
- Berkshire Buys More Lennar Stock As Mortgage Rates Rise Yahoo Finance · 22d ago
- Berkshire Bought $193 Million More Lennar. Abel Doesn’t “Envision a Quick Recovery” Yahoo Finance · 22d ago
Headlines from third-party outlets, linked for reference: not our reporting, not advice.
Screened names in the same industry · explore each on its own page.
| Period | Price then | Price return | Divs per share | $1,000 became | Total return |
|---|---|---|---|---|---|
| 1 month | $27.29 | +5.8% | · | $1,058 | +5.8% |
| 2 months | $30.57 | -5.6% | · | $944 | -5.6% |
| 3 months | $27.79 | +3.9% | $0.76 | $1,066 | +6.6% |
| 6 months | $30.34 | -4.9% | $1.51 | $1,001 | +0.1% |
| 1 year | $25.30 | +14.1% | $2.93 | $1,257 | +25.7% |
Historical returns from market close data. Past performance does not guarantee future results.
This entry now belongs to the ledger. Whatever MRP does next, these words stay.
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