Millrose Properties, Inc. (MRP · NYSE)

Millrose Properties shares have fallen 22.0% over the past month to $22.36, touching a 52-week low, with RSI at 16 and the stock trading 18.6% below its 200-day SMA. The selloff follows a class action lawsuit and securities fraud investigation alleging the company failed to disclose roughly $200 million in property leases from Lennar taken at a loss. Fundamentals remain strong by the reported figures: TTM revenue of $760.5M grew 32.1% YoY, quarterly revenue has risen four straight quarters to $196.9M, and the company generated $886.0M in operating cash flow in the June quarter against $2.48B in total debt. The stock trades at 7.79x earnings and 0.761x book, below the $36.60 analyst target, and the company recently declared a $0.79 quarterly dividend totaling about $131.2 million.