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MarketBeat Week in Review – 6/4 - 6/9
BREAKING: Tiny biotech successfully treats blindness (Ad)
How major US stock indexes fared Friday 6/9/2023
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BREAKING: Tiny biotech successfully treats blindness (Ad)
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American Airlines, JetBlue seek to keep some ties despite losing antitrust case
Oregon Democratic Party to send federal officials a $500,000 donation from former FTX executive
S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
MarketBeat Week in Review – 6/4 - 6/9
BREAKING: Tiny biotech successfully treats blindness (Ad)
How major US stock indexes fared Friday 6/9/2023
FuelCell Is Back To Realistic Valuation
BREAKING: Tiny biotech successfully treats blindness (Ad)
New Mexico reaches $500M settlement with Walgreens in opioid case
Nigeria's central bank chief arrested after being suspended by president
Famous Wall Street Crash System Flashes RED (Ad)
American Airlines, JetBlue seek to keep some ties despite losing antitrust case
Oregon Democratic Party to send federal officials a $500,000 donation from former FTX executive
S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
MarketBeat Week in Review – 6/4 - 6/9
BREAKING: Tiny biotech successfully treats blindness (Ad)
How major US stock indexes fared Friday 6/9/2023
FuelCell Is Back To Realistic Valuation
BREAKING: Tiny biotech successfully treats blindness (Ad)
New Mexico reaches $500M settlement with Walgreens in opioid case
Nigeria's central bank chief arrested after being suspended by president
Famous Wall Street Crash System Flashes RED (Ad)
American Airlines, JetBlue seek to keep some ties despite losing antitrust case
Oregon Democratic Party to send federal officials a $500,000 donation from former FTX executive
S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
MarketBeat Week in Review – 6/4 - 6/9
BREAKING: Tiny biotech successfully treats blindness (Ad)
How major US stock indexes fared Friday 6/9/2023
FuelCell Is Back To Realistic Valuation
BREAKING: Tiny biotech successfully treats blindness (Ad)
New Mexico reaches $500M settlement with Walgreens in opioid case
Nigeria's central bank chief arrested after being suspended by president
Famous Wall Street Crash System Flashes RED (Ad)
American Airlines, JetBlue seek to keep some ties despite losing antitrust case
Oregon Democratic Party to send federal officials a $500,000 donation from former FTX executive
TSE:MR.UN

Melcor Real Estate Investment Trust (MR.UN) Stock Forecast, Price & News

C$4.79
+0.01 (+0.21%)
(As of 06/9/2023 ET)
Compare
Today's Range
C$4.78
C$4.89
50-Day Range
C$4.57
C$5.38
52-Week Range
C$4.50
C$6.85
Volume
6,300 shs
Average Volume
7,353 shs
Market Capitalization
C$62.08 million
P/E Ratio
4.06
Dividend Yield
10.02%
Price Target
C$6.00

Melcor Real Estate Investment Trust MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
25.3% Upside
C$6.00 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.28 out of 5 stars


MR.UN stock logo

About Melcor Real Estate Investment Trust (TSE:MR.UN) Stock

Melcor REIT is an unincorporated, open-ended real estate investment trust. Melcor REIT owns, acquires, manages and leases quality retail, office and industrial income-generating properties in western Canadian markets. Its portfolio is currently made up of interests in 38 properties representing approximately 2.93 million square feet of gross leasable area located across Alberta and in Regina, Saskatchewan; and Kelowna, British Columbia.

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MR.UN Stock News Headlines

Small A.I. Firm Wins $2 Billion in Contracts for Breakthrough "Living Software"
Denver firm proves its possible to use AI to save the lives of soldiers in combat. England, Germany, Japan and Australia have all signed contracts within the past 18 months. Get the name of the stock here >>>
Closing Bell: Melcor REIT up on Wednesday (MR-UN)
Closing Bell: Melcor REIT down on Tuesday (MR-UN)
Closing Bell: Melcor REIT down on Monday (MR-UN)
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks
But the analyst who called the Lehman Collapse says to expect a "Cash Frenzy" instead.
Melcor REIT appoints Naomi Stefura as Trustee
Melcor REIT announces Change of Debenture Trustee
Middlefield U.S Equity Dividend ETF Distributions
Melcor REIT appoints CEO and announces new Trustee
Melcor Real Estate Investment Trust (MR_u)
See More Headlines

MR.UN Price History

Industry, Sector and Symbol

Industry
REIT - Diversified
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$6.00
High Stock Price Forecast
C$6.00
Low Stock Price Forecast
C$6.00
Forecasted Upside/Downside
+25.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
C$39.80 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$74.13 million
Cash Flow
C$0.19 per share
Book Value
C$14.76 per share

Miscellaneous

Free Float
N/A
Market Cap
C$62.08 million
Optionable
Not Optionable
Beta
2.02

Key Executives

  • Mr. Andrew John Melton
    Pres, CEO & Trustee
  • Ms. Naomi Marie Stefura C.A.
    CA, CFO & Corp. Sec.
  • Ms. Nicole Forsythe
    Director of Corp. Communications & Investor Relations













MR.UN Stock - Frequently Asked Questions

Should I buy or sell Melcor Real Estate Investment Trust stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Melcor Real Estate Investment Trust in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" MR.UN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MR.UN, but not buy additional shares or sell existing shares.
View MR.UN analyst ratings
or view top-rated stocks.

What is Melcor Real Estate Investment Trust's stock price forecast for 2023?

2 equities research analysts have issued 12 month price objectives for Melcor Real Estate Investment Trust's stock. Their MR.UN share price forecasts range from C$6.00 to C$6.00. On average, they expect the company's share price to reach C$6.00 in the next twelve months. This suggests a possible upside of 25.3% from the stock's current price.
View analysts price targets for MR.UN
or view top-rated stocks among Wall Street analysts.

How have MR.UN shares performed in 2023?

Melcor Real Estate Investment Trust's stock was trading at C$5.53 on January 1st, 2023. Since then, MR.UN stock has decreased by 13.4% and is now trading at C$4.79.
View the best growth stocks for 2023 here
.

Is Melcor Real Estate Investment Trust a good dividend stock?

Melcor Real Estate Investment Trust (TSE:MR.UN) pays an annual dividend of C$0.48 per share and currently has a dividend yield of 10.21%. MR.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 40.68%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for MR.UN.

What is Melcor Real Estate Investment Trust's stock symbol?

Melcor Real Estate Investment Trust trades on the Toronto Stock Exchange (TSX) under the ticker symbol "MR.UN."

How do I buy shares of Melcor Real Estate Investment Trust?

Shares of MR.UN 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.

What is Melcor Real Estate Investment Trust's stock price today?

One share of MR.UN stock can currently be purchased for approximately C$4.79.

How much money does Melcor Real Estate Investment Trust make?

Melcor Real Estate Investment Trust (TSE:MR.UN) has a market capitalization of C$62.08 million and generates C$74.13 million in revenue each year. The company earns C$39.80 million in net income (profit) each year or C$1.18 on an earnings per share basis.

How can I contact Melcor Real Estate Investment Trust?

Melcor Real Estate Investment Trust's mailing address is 900-10310 Jasper Ave NW, EDMONTON, AB T5J 1Y8, Canada. The official website for the company is www.melcorreit.ca. The company can be reached via phone at +1-780-4236931.

This page (TSE:MR.UN) was last updated on 6/10/2023 by MarketBeat.com Staff

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