S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
The only accurate crypto trading system I know … (Ad)
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
Options trading has suddenly become more reliable. (Ad)
3 Steel Stocks Could Soar on New China Tariffs
These are the Top 4 Stocks for Buybacks in 2024
[Urgent!] Generational Wealth Gameplan (Ad)
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
The only accurate crypto trading system I know … (Ad)
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
Options trading has suddenly become more reliable. (Ad)
3 Steel Stocks Could Soar on New China Tariffs
These are the Top 4 Stocks for Buybacks in 2024
[Urgent!] Generational Wealth Gameplan (Ad)
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
The only accurate crypto trading system I know … (Ad)
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
Options trading has suddenly become more reliable. (Ad)
3 Steel Stocks Could Soar on New China Tariffs
These are the Top 4 Stocks for Buybacks in 2024
[Urgent!] Generational Wealth Gameplan (Ad)
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
The only accurate crypto trading system I know … (Ad)
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
Options trading has suddenly become more reliable. (Ad)
3 Steel Stocks Could Soar on New China Tariffs
These are the Top 4 Stocks for Buybacks in 2024
[Urgent!] Generational Wealth Gameplan (Ad)
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
Free Trial
TSE:MRD

Melcor Developments (MRD) Stock Price, News & Analysis

→ Biden’s $374B Giveaway Into This Sector (From DTI) (Ad)
Free MRD Stock Alerts
C$11.53
+0.08 (+0.70%)
(As of 04/18/2024 ET)
Compare
Today's Range
C$11.43
▼
C$11.53
50-Day Range
C$11.20
▼
C$11.90
52-Week Range
C$10.65
▼
C$12.32
Volume
2,632 shs
Average Volume
6,325 shs
Market Capitalization
C$353.51 million
P/E Ratio
5.68
Dividend Yield
3.82%
Price Target
N/A
Stock AnalysisChartCompetitorsDividendEarningsHeadlinesInsider Trades
MRD stock logo

About Melcor Developments Stock (TSE:MRD)

Melcor Developments Ltd. operates as a real estate development company in the United States and Canada. The company operates through Land, Properties, REIT, and Golf divisions. It develops, owns, and manages mixed-use residential communities, business and industrial parks, office buildings, retail centers, and golf courses. The company also purchases and develops land to be sold as residential, industrial, and commercial lots; develops and leases retail, office, and industrial properties; and owns and leases commercial, retail, and residential properties, as well as parking lots and land. It also owns and manages 18-hole golf courses. Melcor Developments Ltd. was founded in 1923 and is based in Edmonton, Canada. Melcor Developments Ltd. operates as a subsidiary of Melton Holdings Ltd.

MRD Stock Price History

MRD Stock News Headlines

April 18, 2024 | americanbankingnews.com
Melcor Developments (TSE:MRD) Stock Crosses Above 200-Day Moving Average of $11.41
April 17, 2024 | finance.yahoo.com
When Should You Buy Melcor Developments Ltd. (TSE:MRD)?
April 18, 2024 | DTI (Ad)
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
April 10, 2024 | americanbankingnews.com
Melcor Developments (TSE:MRD) Shares Cross Above Two Hundred Day Moving Average of $11.43
March 29, 2024 | theglobeandmail.com
Becker Milk Co: Top 10 Undervalued Real Estate Industry Stocks (BEK-B)
March 14, 2024 | finanznachrichten.de
Melcor Developments Ltd.: Melcor Developments announces results for 2023, declares $0.11 per share dividend
March 14, 2024 | msn.com
Giant 100-year-old snapping alligator turtle vanishes without a trace along North Carolina interstate
March 14, 2024 | finance.yahoo.com
Melcor Developments (TSE:MRD) shareholders have earned a 1.7% CAGR over the last five years
April 18, 2024 | DTI (Ad)
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
February 14, 2024 | wsj.com
Melcor Developments Ltd.
January 30, 2024 | ca.finance.yahoo.com
Melcor Developments Ltd. (MRD.TO)
January 28, 2024 | finance.yahoo.com
A Look At The Fair Value Of Melcor Developments Ltd. (TSE:MRD)
January 11, 2024 | finance.yahoo.com
Private companies account for 52% of Melcor Developments Ltd.'s (TSE:MRD) ownership, while individual investors account for 26%
December 25, 2023 | finance.yahoo.com
Pleasing Signs As A Number Of Insiders Buy Melcor Developments Stock
December 9, 2023 | finance.yahoo.com
Melcor Developments Ltd. (TSE:MRD) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
November 9, 2023 | finance.yahoo.com
At CA$11.39, Is It Time To Put Melcor Developments Ltd. (TSE:MRD) On Your Watch List?
November 9, 2023 | finanznachrichten.de
Melcor Developments Ltd.: Melcor Developments announces third quarter results, declares quarterly dividend of $0.16 per share
November 9, 2023 | msn.com
Melcor Developments declares CAD 0.16 dividend
November 8, 2023 | finance.yahoo.com
Melcor Developments announces third quarter results, declares quarterly dividend of $0.16 per share
November 3, 2023 | seekingalpha.com
Melcor Developments FFO of $0.21 misses by $0.14, revenue of $18.29M
October 6, 2023 | finance.yahoo.com
Investors in Melcor Developments (TSE:MRD) have seen solid returns of 119% over the past three years
August 24, 2023 | theglobeandmail.com
Melcor Developments: Top 10 Undervalued Real Estate Sector Stocks on TSX (MRD)
August 11, 2023 | finanznachrichten.de
Melcor Developments Ltd.: Melcor Developments announces second quarter results, declares quarterly dividend of $0.16 per share
August 11, 2023 | finance.yahoo.com
Melcor Developments announces second quarter results, declares quarterly dividend of $0.16 per share
July 29, 2023 | finance.yahoo.com
While individual investors own 20% of Melcor Developments Ltd. (TSE:MRD), private companies are its largest shareholders with 51% ownership
June 22, 2023 | msn.com
JUST RELEASED: 3 TSX Dividend Stocks on Sale Now [PREMIUM PICKS]
June 15, 2023 | ca.finance.yahoo.com
MRD.TO - Melcor Developments Ltd.
See More Headlines
Receive MRD Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Melcor Developments and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
3/13/2024
Ex-Dividend for 3/28 Dividend
3/21/2024
Dividend Payable
3/28/2024
Today
4/18/2024
Next Earnings (Estimated)
5/08/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
TSE
Sector
Real Estate
Industry
Real Estate - Development
Sub-Industry
N/A
Current Symbol
TSE:MRD
CUSIP
N/A
CIK
N/A
Web
www.melcor.ca
Phone
+1-780-4236931
Fax
N/A
Employees
124
Year Founded
N/A

Profitability

EPS (Most Recent Fiscal Year)
C$2.03
Trailing P/E Ratio
5.68
Forward P/E Ratio
4.99
P/E Growth
N/A
Net Income
C$62.98 million
Net Margins
19.98%
Pretax Margin
N/A
Return on Equity
5.01%
Return on Assets
3.50%

Debt

Debt-to-Equity Ratio
53.05
Current Ratio
10.17
Quick Ratio
2.65

Sales & Book Value

Annual Sales
C$315.24 million
Price / Sales
1.12
Cash Flow
C$2.93 per share
Price / Cash Flow
3.93
Book Value
C$39.45 per share
Price / Book
0.29

Miscellaneous

Outstanding Shares
30,660,000
Free Float
N/A
Market Cap
C$353.51 million
Optionable
Not Optionable
Beta
1.41
The Best High-Yield Dividend Stocks for 2024 Cover
The Best High-Yield Dividend Stocks for 2024

Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.

Get This Free Report

Key Executives

  • Mr. Timothy Charles Melton
    CEO & Executive Chairman
  • Ms. Naomi Marie Stefura C.A.
    COO, CFO & Secretary
  • Ms. Nicole Forsythe
    Director of Corporate Communication
  • Mr. Jarett Thompson
    Vice-President of New Leasing & Sales
  • Mr. Brett A. Halford
    Vice-President of Recreational Properties
  • Mr. Ryan Mott
    Regional Manager of USA
  • Ms. Leah Margiotta
    Vice-President of Property Development

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

MRD Stock Analysis - Frequently Asked Questions

How have MRD shares performed in 2024?

Melcor Developments' stock was trading at C$11.26 at the start of the year. Since then, MRD shares have increased by 2.4% and is now trading at C$11.53.
View the best growth stocks for 2024 here.

When is Melcor Developments' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our MRD earnings forecast.

How were Melcor Developments' earnings last quarter?

Melcor Developments Ltd. (TSE:MRD) issued its quarterly earnings data on Wednesday, March, 13th. The company reported $0.34 earnings per share for the quarter. The firm earned $125.13 million during the quarter. Melcor Developments had a trailing twelve-month return on equity of 5.01% and a net margin of 19.98%.

How often does Melcor Developments pay dividends? What is the dividend yield for Melcor Developments?

Melcor Developments announced a quarterly dividend on Wednesday, March 13th. Shareholders of record on Friday, March 22nd will be paid a dividend of 0.11 per share on Thursday, March 28th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.82%. The ex-dividend date of this dividend is Thursday, March 21st.
Read our dividend analysis for MRD.

Is Melcor Developments a good dividend stock?

Melcor Developments (TSE:MRD) pays an annual dividend of C$0.44 per share and currently has a dividend yield of 3.87%. The dividend payout ratio is 21.67%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for MRD.

What other stocks do shareholders of Melcor Developments own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Melcor Developments investors own include Royal Bank of Canada (RY), Allied Properties Real Estate Investment (AP.UN), Artis Real Estate Investment Trust Unit (AX.UN), Boardwalk REIT (BEI.UN), Bank of Montreal (BMO), Bank of Nova Scotia (BNS), Canadian Apartment Properties REIT (CAR.UN), Cisco Systems (CSCO) and Cominar REIT (CUF.UN).

How do I buy shares of Melcor Developments?

Shares of MRD stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:MRD) was last updated on 4/18/2024 by MarketBeat.com Staff

From Our Partners
[Urgent!] Generational Wealth Gameplan
Crypto 101 Media
The Best AI Stock to Own in the World Today is Trading for Just $25
Banyan Hill Publishing
Biden’s $374B Giveaway Into This Sector
DTI
Biden replacement revealed?
Paradigm Press
The “Perfect Storm” for Gold
Gold Safe Exchange
Did You Get Your Free Bitcoin Yet?
Crypto Swap Profits
Your Money is Not Safe
American Alternative
The Next Nvidia?
InvestorPlace