Event-Driven Stocks

MacKenzie Realty Capital, Inc.

MKZRNasdaq

Real Estate · Real Estate Investment Trusts · MD · SEC filings ↗ · Compare ⊕

View price & chart on Yahoo Finance ↗
Signs● 2 good● 3 warning● 1 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$22.1M$15.7M$15.1M$10.4M$3.7M—
Operating income−$23.5M−$9.9M−$19.9M−$16.6M−$3.5M—
Net income−$24.0M−$11.2M−$3.7M$4.3M$249,948−$9.7M
Total assets$236.0M$233.1M$213.2M$182.6M$138.6M$104.2M
Total liabilities$142.5M$125.1M$102.1M$78.3M$41.2M$941,043
Equity$59.9M$82.4M$98.9M$97.9M$97.1M$97.8M
EPS (diluted)$-18.66$-9.95$-0.36$0.34$0.02$-0.74
Shares out.1.8M13.4M13.3M13.3M13.3M12.8M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
−106.4%
Net margin
−108.7%
Return on equity
−40.0%
Return on assets
−10.2%
Return on capital (ROCE)
—
Liabilities / assets
60.4%
Debt / equity
2.38×
Book value / share
$33.83
Revenue growth (YoY)
40.2%
Net income growth (YoY)
—

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Accruals / assets
−9.4%clean
Piotroski F-Score
3/8weak

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
57
/ 100
Profitability 0Growth 100Catalyst 67Earnings quality 67Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

● 1 severe● 3 warning● 2 good
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Negative operating cash flow
  • Revenue is growing year-over-year
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 202622,3941.0+179.1%
Apr 30, 20268,0241.0-40.7%
Apr 15, 202613,5211.0+38.0%
Mar 31, 20269,7971.2+29.2%
Mar 13, 20267,5811.0-24.9%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (17)