Millrose Properties, Inc. (MRP) is a Real Estate stock trading at $28.41 (as of 2026-06-18), with a market capitalization of $4.69B and a trailing P/E of 10.1. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Millrose Properties is a Homesite Option Purchase Platform (HOPP'R), an evolution of residential land banking, accelerating homebuilders' capital-efficient growth of controlled land positions. As a publicly traded Homesite Option Purchase Platform, Millrose provides investors with a unique residential real estate backed income-generating investment opportunity historically limited to institutional investors.