Melcor Developments (MODVF) 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: $10.59 to $10.60
• 50-Day Range: $10.17 to $10.59
• 52-Week Range: $8.17 to $10.71
• Volume: 1,500 shs
• Average Volume: 1,268 shs
• Market Capitalization: N/A
• P/E Ratio: 3.27
• Dividend Yield: 2.64%
• Price Target: N/A
• Consensus Rating: N/A

Melcor Developments Stock Analysis - MarketRank™

Melcor Developments scored higher than 22% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Melcor Developments.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Melcor Developments is 3.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 28.67.

Price to Earnings Ratio vs. Sector

The P/E ratio of Melcor Developments is 3.27, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 10.87.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Melcor Developments has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Melcor Developments has recently increased by 85.71%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Melcor Developments is a leading dividend payer. It pays a dividend yield of 3.88%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Melcor Developments does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Melcor Developments is 8.64%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Melcor Developments has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Melcor Developments has recently increased by 85.71%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.1 / 5
• News Sentiment: -0.09

News Sentiment

Melcor Developments has a news sentiment score of -0.09. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.61 average news sentiment score of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Melcor Developments this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Melcor Developments insiders have not sold or bought any company stock.

Percentage Held by Institutions

59.54% of the stock of Melcor Developments is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MODVF Stock Analysis - Frequently Asked Questions

How have MODVF shares performed this year?

Melcor Developments' stock was trading at $8.91 at the beginning of the year. Since then, MODVF stock has increased by 18.9% and is now trading at $10.5942.

How do I buy shares of Melcor Developments?

Shares of MODVF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Real Estate
• Industry: Real Estate - Development
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:MODVF
• CIK: N/A
• Web: www.melcor.ca
• Phone: (780) 423-6931
• Fax: N/A
• Employees: 124
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 3.27
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A