Melcor Developments (MRD) Stock Price, News & Analysis

Company Overview

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 and clubs. The company was founded in 1923 and is based in Edmonton, Canada. Melcor Developments Ltd. operates as a subsidiary of Melton Holdings Ltd.

Key Stats

• Today's Range: C$14.22 to C$14.32
• 50-Day Range: C$13.05 to C$14.44
• 52-Week Range: C$11.30 to C$14.81
• Volume: 5,473 shs
• Average Volume: 7,884 shs
• Market Capitalization: C$433.31 million
• P/E Ratio: 37.89
• Dividend Yield: 3.08%
• Price Target: N/A
• Consensus Rating: N/A

MRD Stock Analysis - Frequently Asked Questions

How have MRD shares performed this year?

Melcor Developments' stock was trading at C$12.90 on January 1st, 2025. Since then, MRD shares have increased by 10.7% and is now trading at C$14.28.

How were Melcor Developments' earnings last quarter?

Melcor Developments Ltd. (TSE:MRD) announced its quarterly earnings results on Thursday, November, 7th. The company reported ($1.15) EPS for the quarter. Melcor Developments had a net margin of 3.77% and a trailing twelve-month return on equity of 0.94%.

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.

What other stocks do shareholders of Melcor Developments own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Melcor Developments investors own include Arista Networks (ANET), Enterprise Products Partners (EPD), MercadoLibre (MELI), Magna International (MG), Nextera Energy Partners (NEP), NVIDIA (NVDA) and Enbridge (ENB).

Company Calendar

• Last Earnings: 11/07/2024
• Ex-Dividend for 6/30 Dividend: 6/16/2025
• Record date for 6/30 Dividend: 6/30/2025
• Dividend Payable: 6/30/2025
• Today: 7/25/2025

Industry, Sector and Symbol

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

Profitability

• EPS (Trailing Twelve Months): C$0.38
• Trailing P/E Ratio: 37.73
• Forward P/E Ratio: 6.02
• P/E Growth: N/A
• Net Income: C$11.43 million
• Net Margins: 3.77%
• Pretax Margin: N/A
• Return on Equity: 0.94%
• Return on Assets: 3.71%

Debt

• Debt-to-Equity Ratio: 53.41
• Current Ratio: 18.08
• Quick Ratio: 2.65

Sales & Book Value

• Annual Sales: C$303.33 million
• Price / Sales: 1.42
• Cash Flow: C$3.61 per share
• Price / Cash Flow: 3.93
• Book Value: C$39.52 per share
• Price / Book: 0.36

Miscellaneous

• Outstanding Shares: 30,343,949
• Free Float: N/A
• Market Cap: C$431.49 million
• Optionable: Not Optionable
• Beta: 1.41