Millrose Properties MRP
+19.1%vs Day 1Spinoff of Lennar (LEN) · Classic Spinoff · REIT · Spun Feb 7, 2025
Current Stats
Post-Spinoff Performance
| Spinoff date | February 7, 2025 · NYSE REIT |
| Days since spinoff | 549 days |
| Day 1 price (open) | $23.49 |
| Post-spin low | $21.22 on Mar 11, 2025 · 31 days post-spin |
| Current price (Jul 31, 2026) | $27.98 |
| Return vs Day 1 | +19.1% |
| Return vs post-spin low | +31.9% |
| Parent since spinoff | -31.3% |
Price History
yfinance (auto-adjusted close + volume). As of Aug 10, 2026.
Post Spin Analysis
Compiled from tracked data as of the July 31, 2026 close.
The move
Millrose Properties separated from Lennar (LEN) on February 7, 2025 as a classic spinoff · reit, listing on NYSE REIT. It closed its first regular-way session at $23.49 and set a post-spin low of $21.22 on Mar 11, 2025, 31 days after the spin. It last traded at $27.98 (Jul 31, 2026), +19.1% against the Day-1 close and +31.9% off the low.
Against the parent
Lennar has returned -31.3% over the same window. The SpinCo is ahead of its former parent by roughly 50 percentage points since separation.
What we graded it
Covered in a single report before separation. Current rating: BUY.
⚠ Auto-generated profile — not editorially reviewed.
This summary is compiled automatically from our tracked report data. A reviewed in-depth profile is planned. For further detail ▸ read the May 31, 2026 report.