Merchants' National Properties, Inc. (MNPP) Stock Analysis
Educational signal · not a buy or sell recommendation · How to read this
P/E 17.78 means the share price is 17.78 times one year of earnings per share; the S&P 500 usually sits near 20-25. Market cap $200M is the value of all shares combined.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 16, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerMerchants' National Properties, Inc. (MNPP) trades at $2200.00 with MoonshotScore 49/100 (Grade C). Merchants' National Properties, Inc. is a real estate company that owns, manages, develops, and leases commercial properties across the United States. Market cap: $200M, Sector: Real estate.
Price as of Sep 11, 2026 · Last analyzed: Mar 16, 2026Analyst Coverage for MNPP: MNPP does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates MNPP against Real Estate peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
These figures come from statements filed 12 months ago — the most recent this company has published.
MNPP: 2/3 scored disciplines lean bullish. Dominant signal: Ray Dalio bullish.
How is this calculated? →AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Why this analysis is different
- A 9-signal quantitative MoonshotScore built from filings, insider activity, and market data — computed from the numbers, not from opinion.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
Merchants' National Properties, Inc. (MNPP) Real Estate Portfolio & Strategy
Merchants' National Properties, Inc., established in 1928, operates as a diversified commercial real estate company with a portfolio of 67 properties across 17 states. The company focuses on owning, managing, developing, and leasing shopping centers, office buildings, and other commercial properties, demonstrating a long-standing presence in the U.S. real estate market.
What Is the Investment Thesis for MNPP?
Merchants' National Properties, Inc. presents a mixed investment case. The company's established presence in the commercial real estate sector and a dividend yield of 3.95% may appeal to income-focused investors. A gross margin of 87.5% indicates efficient property management. However, trading on the OTC market introduces liquidity and regulatory risks. The company's P/E ratio of 17.78 suggests a valuation that is high compared to the broader market, which may limit near-term upside. Future growth will depend on the company's ability to strategically manage its existing portfolio and capitalize on new development opportunities in a competitive real estate landscape.
Based on FMP financials and quantitative analysis
MNPP Key Highlights
Market capitalization of $200M indicates a small-cap company within the real estate sector.
- P/E ratio of 17.78 suggests the company is trading at a premium compared to its earnings.
- Profit margin of 23.9% demonstrates strong profitability in its real estate operations.
- Gross margin of 87.5% indicates efficient cost management in its leasing and property management activities.
- Dividend yield of 3.95% offers an attractive income stream for investors.
Who Are MNPP's Competitors?
MNPP is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| DDCCF Branicks Group AG | $0.68 | -9.47% | $56.7M | — |
| DLMI Diamond Lake Minerals, Inc. | $5.99 | -14.31% | $197M | — |
| FRMUF Firm Capital Property Trust | $4.98 | 0.00% | $184M | — |
| FRTCF Far East Consortium International Limited | $0.05 | -0.00% | $150M | — |
| LVSDF Lai Sun Development Company Limited | $0.05 | 0.00% | $72.7M | — |
| CHCI Comstock Holding Companies, Inc. | $21.01 | +1.69% | $211M | 905-pillar |
| STRS Stratus Properties Inc. | $19.32 | 0.00% | $154M | — |
| SNLKF Sinolink Worldwide Holdings Limited | $0.33 | 0.00% | $142M | 629-signal |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance This table mixes two scoring engines — compare a number only with others carrying the same tag.
What Are MNPP's Key Strengths?
Long-standing presence in the real estate market.
- Diversified portfolio of commercial properties.
- High gross margin of 87.5%.
- Attractive dividend yield of 3.95%.
What Are MNPP's Weaknesses?
Trades on the OTC market, which may limit liquidity.
- Small market capitalization of $200M.
- High P/E ratio of 17.78.
- Limited information availability due to OTC listing.
What Could Drive MNPP Stock Higher?
Strategic acquisitions of undervalued commercial properties.
- Development of mixed-use properties to diversify income streams.
- Implementation of sustainable building practices to reduce operating costs.
- Enhancement of property management services to increase tenant satisfaction.
What Are the Key Risks for MNPP?
Economic downturns that could reduce demand for commercial real estate.
- Rising interest rates that could increase borrowing costs.
- Increased competition from other real estate companies.
- Changes in zoning regulations or property taxes.
- Limited liquidity due to OTC listing.
What Are the Growth Opportunities for MNPP?
- Expansion of Property Portfolio: Merchants' National Properties can pursue strategic acquisitions of undervalued commercial properties in high-growth markets. By identifying and acquiring properties with strong potential for appreciation and rental income, the company can expand its asset base and increase revenue streams. The commercial real estate market is projected to grow at a rate of 4.5% annually over the next five years, presenting numerous opportunities for expansion.
- Development of Mixed-Use Properties: The company can capitalize on the growing demand for mixed-use developments by redeveloping existing properties or acquiring land for new projects. Mixed-use properties, which combine residential, commercial, and retail spaces, offer diversified income streams and attract a wide range of tenants. This strategy aligns with current market trends and can enhance the company's competitive position.
- Implementation of Sustainable Building Practices: Merchants' National Properties can adopt sustainable building practices to reduce operating costs and attract environmentally conscious tenants. By investing in energy-efficient technologies and green building materials, the company can lower utility expenses and enhance its reputation as a responsible property owner. Green building initiatives are increasingly valued by tenants and investors alike.
- Enhancement of Property Management Services: The company can improve its property management services to increase tenant satisfaction and retention rates. By investing in technology and training for property managers, Merchants' National Properties can provide efficient and responsive service, reducing vacancy rates and maximizing rental income. High-quality property management is a key differentiator in the competitive real estate market.
- Strategic Partnerships and Joint Ventures: Merchants' National Properties can form strategic partnerships and joint ventures with other real estate companies to access new markets and share development costs. By collaborating with experienced partners, the company can expand its geographic reach and diversify its investment portfolio. Joint ventures can also provide access to specialized expertise and resources, enhancing the company's ability to execute complex projects.
What Are MNPP's Competitive Advantages?
- Established presence in the real estate market since 1928.
- Diversified portfolio of properties across 17 states.
- Experienced management team with expertise in property management and development.
- Strong relationships with tenants and investors.
What Does MNPP Do?
Merchants' National Properties, Inc. was founded in 1928 and has since established itself as a diversified commercial real estate company. Headquartered in New York City, the company owns, manages, develops, and leases a variety of commercial properties throughout the United States. Its portfolio includes shopping centers, office buildings, and other commercial real estate ventures, reflecting a broad approach to property investment and management. The company currently holds interests in 67 properties located across 17 states within the continental United States, showcasing a significant geographic footprint. Merchants' National Properties generates revenue through property leases and real estate investments. The company's long history in the real estate sector underscores its experience and adaptability to changing market conditions. With a focus on strategic property management and development, Merchants' National Properties aims to maintain a stable and profitable portfolio.
What Products and Services Does MNPP Offer?
- Owns commercial real estate properties
- Manages commercial real estate properties
- Develops commercial real estate properties
- Leases commercial real estate properties
- Invests in real estate ventures
- Maintains a portfolio of shopping centers
- Maintains a portfolio of office buildings
- Operates in 17 states across the continental United States
How Does MNPP Make Money?
- Generates revenue through leasing commercial properties.
- Derives income from property management fees.
- Profits from real estate investments and ventures.
- Gains from property development and redevelopment projects.
What Industry Does MNPP Operate In?
Merchants' National Properties operates within the diversified commercial real estate industry, a sector influenced by economic cycles, interest rates, and demographic trends. The industry is characterized by a mix of large REITs and smaller, privately held companies. Competition is intense, with companies vying for tenants and investment opportunities. Market trends include a growing demand for mixed-use properties and a shift towards sustainable building practices. Merchants' National Properties competes with companies like DDCCF, DLMI, FRMUF, FRTCF, and LVSDF, all navigating similar market dynamics.
Who Are MNPP's Key Customers?
- Retail businesses leasing space in shopping centers.
- Companies leasing office space in office buildings.
- Tenants in other commercial real estate properties.
- Investors in real estate ventures.
Research confidence
Enough evidence to be useful, with gaps worth knowing about.
- ● Scoring coverage unknown
- ● Price is current
- ● Latest filing 73 days ago
- ● No analyst coverage
Why 49?
This rating comes from our nine-signal model, which produces a score but not a per-factor breakdown. The sector-relative five-pillar model, which explains its own contributions, does not cover this listing yet. How the score is built →
MoonshotScore History
Recorded daily since 2026-08-23 · 19 snapshots
| 2026-08-23 | 49 |
| 2026-08-26 | 49 |
| 2026-08-29 | 49 |
| 2026-09-01 | 49 |
| 2026-09-04 | 49 |
| 2026-09-07 | 49 |
| 2026-09-10 | 49 |
What changed?
The score has stayed at 49.
Over the same 18 days the stock moved -2.2%.
Merchants' National Properties, Inc. Financial Trajectory
Merchants' National Properties, Inc. (MNPP) reported $5.5M in revenue for Q2 FY2026, reflecting 10.0% growth compared to the prior quarter. The company recorded net income of $2.8M, with diluted EPS of $31.19. Quarter-over-quarter revenue has been mixed, typical for a micro-cap company operating in Real Estate. Across the four most recent quarters, MNPP averaged $30.93 in diluted EPS.
Company Profile
Merchants' National Properties, Inc. operates in the Real Estate - Diversified industry within the Real Estate sector. It is headquartered in New York, US. The company is led by CEO Craig Deitelzweig. MNPP has traded publicly since 2010.
How Merchants' National Properties, Inc. Is Valued
Merchants' National Properties, Inc. carries a market capitalization of $200M, placing it in the micro-cap category. Relative to its peer group, MNPP's quantitative score of 49/100 is below the peer average of 76/100.
Key Financial Metrics
Return on equity for Merchants' National Properties, Inc. stands at 4.8%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 3.2%, showing how much profit it generates from its asset base. MNPP trades at a trailing price-to-earnings ratio of 17.78, below the Real Estate sector average of ~29.00x. Its free cash flow yield is 3.4%, a gauge of the cash the business throws off relative to its market value. A current ratio of 4.45 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 4.9%, the inverse of the P/E and a quick read on earnings relative to price.
Financial Health
Merchants' National Properties, Inc.'s Piotroski F-Score is 4/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 2.52 places it in the grey zone, a middle ground that warrants monitoring.
MNPP Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Long-standing presence in the real estate market.
- Diversified portfolio of commercial properties.
- High gross margin of 87.5%.
- Attractive dividend yield of 3.95%.
Bear Case
- Trades on the OTC market, which may limit liquidity.
- Small market capitalization of $200M.
- High P/E ratio of 17.78.
- Limited information availability due to OTC listing.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 FY2026 | $5M | $3M | $31.19 |
| Q1 FY2026 | $5M | $1M | $15.12 |
| Q4 FY2025 | $6M | $414,617 | $4.56 |
| Q3 FY2025 | $5M | $7M | $72.84 |
Q2 FY2026 · filed 30 Jun 2026 · Financial Modeling Prep
Based on FMP financials and quantitative analysis
MNPP Latest News
No recent news available for MNPP.
MNPP Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for MNPP.
Price Targets
Wall Street price target analysis for MNPP.
MNPP MoonshotScore
What does this score mean?
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. MNPP scores 49/100 (Grade C): the number comes from the legacy nine-factor engine (quantitative signals from revenue growth to news sentiment), written once, not refreshed.
Leadership: Craig Deitelzweig
CEO
Craig Deitelzweig serves as the CEO of Merchants' National Properties, Inc. His professional background includes extensive experience in real estate management, development, and investment. He has a proven track record of successfully leading and growing real estate companies. His expertise encompasses property acquisition, leasing, and financial management. He is responsible for overseeing the company's strategic direction and day-to-day operations.
Track Record: Under Craig Deitelzweig's leadership, Merchants' National Properties has focused on maintaining a stable and profitable portfolio of commercial properties. He has emphasized efficient property management and strategic investments to enhance the company's long-term value. His tenure has been marked by a commitment to delivering consistent returns to shareholders through dividends and capital appreciation.
MNPP OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Merchants' National Properties may not meet the minimum financial standards required for higher tiers like OTCQX or OTCQB. Companies in this tier may have limited reporting requirements, which can make it more difficult for investors to access reliable and up-to-date information. Investing in companies on the OTC Other tier carries higher risks due to the potential for less transparency and regulatory oversight compared to companies listed on major exchanges like the NYSE or NASDAQ.
- OTC Tier: OTC Other
- Limited liquidity due to OTC listing.
- Potential for less transparency and regulatory oversight.
- Higher price volatility compared to exchange-listed stocks.
- Risk of delisting or suspension from the OTC market.
- Limited availability of financial information.
- Verify the company's financial statements and SEC filings (if any).
- Research the background and experience of the company's management team.
- Assess the company's business model and competitive landscape.
- Evaluate the company's financial condition and ability to generate profits.
- Understand the risks associated with investing in OTC stocks.
- Check for any legal or regulatory issues involving the company.
- Consult with a financial advisor before making any investment decisions.
- Established presence in the real estate market since 1928.
- Portfolio of commercial properties across 17 states.
- Experienced management team.
- Consistent dividend payments.
What Investors Ask About Merchants' National Properties, Inc. (MNPP) — Real Estate
What does the AI Score mean for MNPP?
MNPP holds an AI Score of 49/100 (Grade: C). This is an educational research signal, not a buy or sell recommendation. The number comes from the legacy nine-factor engine (quantitative signals from revenue growth to news sentiment), written once, not refreshed.
Is MNPP a good stock?
Stock Expert AI does not rate MNPP buy, sell or hold. Merchants' National Properties, Inc. carries a MoonshotScore of 49/100 on the legacy nine-factor engine, a research rating against its peers. Whether it fits is your call: check what it sells, whether it earns, what the price assumes, and what would prove you wrong.
What do analysts say about MNPP stock?
Due to its OTC listing, comprehensive analyst coverage may be limited compared to companies listed on major exchanges. Investors should conduct their own due diligence and consider the company's financial performance, growth prospects, and risk factors before making any investment decisions. Key metrics to watch include revenue growth, profit margins, and dividend yield.
What are the key factors to evaluate for MNPP?
Merchants' National Properties, Inc. (MNPP) holds a MoonshotScore of 49/100 (low). P/E: 17.78x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does MNPP data refresh on this page?
MNPP's price was last updated on Sep 11, 2026 and refreshes on page view during U.S. market hours; the quote is a provider snapshot, not an exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven MNPP's recent stock price performance?
Merchants' National Properties, Inc. (MNPP) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Long-standing presence in the real estate market. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider MNPP overvalued or undervalued right now?
Merchants' National Properties, Inc. (MNPP) trades at 17.78x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Can I buy fractional shares of MNPP?
Yes, most major brokerages offer fractional shares of Merchants' National Properties, Inc. (MNPP) with no minimum purchase requirement. This means you can invest any dollar amount regardless of the share price. Check your brokerage platform for specific terms, fees, and fractional share availability.
How can I track MNPP's earnings and financial reports?
Merchants' National Properties, Inc. (MNPP) reports quarterly earnings approximately 4-6 weeks after each fiscal quarter ends. You can track earnings dates, revenue and EPS estimates, and actual results on this page's Financials tab. Earnings surprises (beats or misses) often cause significant short-term price moves. Your brokerage can send alerts for MNPP earnings announcements.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Limited information available due to OTC listing.