TSE:MR.UN Melcor Real Estate Investment Trust (MR.UN) Stock Forecast, Price & News C$4.13 -0.33 (-7.40%) (As of 10/3/2023 ET) Add Compare Share Share Today's RangeC$4.05▼C$4.5750-Day RangeC$4.46▼C$5.0152-Week RangeC$4.05▼C$6.15Volume38,199 shsAverage Volume6,767 shsMarket CapitalizationC$53.52 millionP/E Ratio9.60Dividend Yield11.62%Price TargetC$5.75 ProfileProfileAnalyst RatingsChartCompetitorsHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsHeadlinesSocial Media About Melcor Real Estate Investment Trust (TSE:MR.UN) StockMelcor 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.Read More MR.UN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MR.UN Stock News HeadlinesSeptember 15, 2023 | financialpost.comMelcor REIT announces September distribution of $0.04 per unitAugust 15, 2023 | finance.yahoo.comMelcor REIT announces August distribution of $0.04 per unitOctober 4, 2023 | Behind the Markets (Ad)New Breakthrough "Living Software" Has Been…New Breakthrough "Living Software" Has Been... Ukraine's "Secret Weapon" Against Russia The Washington Post Reports: "It's a big reason David is beating Goliath..." The Wall Street Journal Reports: "it's a technical revolution." Jeff Bezos Said: "It's in the realm of science fiction." Early investors can reap 5,633% gains on the small company revolutionizing warfare >>>July 27, 2023 | financialpost.comMelcor REIT announces delay in filing its Q2 financial statements on SEDAR +July 17, 2023 | markets.businessinsider.comRaymond James Thinks European Commercial Real Estate Ltd’s Stock is Going to RecoverJuly 17, 2023 | msn.comMelcor Real Estate Investment Trust declares $0.04 dividendJuly 9, 2023 | finance.yahoo.comThe past five years for Melcor Real Estate Investment Trust (TSE:MR.UN) investors has not been profitableMay 3, 2023 | msn.comMelcor Real Estate Investment Trust FFO of $0.21 beats by $0.01, revenue of $18.99MOctober 4, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.April 27, 2023 | theglobeandmail.comClosing Bell: Melcor REIT up on Wednesday (MR-UN)April 26, 2023 | theglobeandmail.comClosing Bell: Melcor REIT down on Tuesday (MR-UN)April 14, 2023 | finance.yahoo.comMelcor REIT announces April, May & June distributions of $0.04 per unitApril 11, 2023 | theglobeandmail.comClosing Bell: Melcor REIT down on Monday (MR-UN)February 2, 2023 | financialpost.comMelcor REIT sells office building in Kelowna, BC for $19.5 millionJanuary 29, 2023 | yahoo.comMelcor Real Estate Investment Trust (TSE:MR.UN) shareholders have endured a 9.4% loss from investing in the stock three years agoJanuary 16, 2023 | financialpost.comMelcor REIT announces January, February & March distributions of $0.04 per unitDecember 23, 2022 | financialpost.comMelcor REIT announces repayment of 5.25% unsecured convertible debenturesDecember 8, 2022 | finance.yahoo.comMelcor REIT appoints Naomi Stefura as TrusteeAugust 8, 2022 | finance.yahoo.comMelcor Real Estate Investment Trust (TSE:MR.UN) shareholders have earned a 1.8% CAGR over the last five yearsJuly 15, 2022 | finance.yahoo.comMelcor REIT announces July 2022 distribution of $0.04 per unitMay 10, 2022 | finance.yahoo.comMelcor REIT announces Change of Debenture TrusteeApril 16, 2022 | yahoo.comHere's which grocery stores will be open, closed on Easter SundayApril 16, 2022 | nz.finance.yahoo.comMiddlefield U.S Equity Dividend ETF DistributionsJanuary 17, 2022 | financialpost.comMelcor REIT announces January 2022 distribution of $0.04 per unit; announces Q4-2021 conference call detailsDecember 11, 2021 | ca.finance.yahoo.comTrade Alert: Daniel Eggert At Melcor Real Estate Investment Trust (TSE:MR.UN), Has Just Spent CA$51k Buying 101% More SharesDecember 9, 2021 | finance.yahoo.comThose who invested in Melcor Real Estate Investment Trust (TSE:MR.UN) a year ago are up 41%December 9, 2021 | stockhouse.comMelcor REIT appoints CEO and announces new TrusteeSee More Headlines Receive MR.UN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Melcor Real Estate Investment Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address Industry, Sector and Symbol Stock ExchangeTSE Industry REIT - Diversified Sub-IndustryN/A SectorReal Estate Current SymbolTSE:MR.UN CUSIPN/A CIKN/A Webwww.melcorreit.ca Phone+1-780-4236931FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price ForecastC$5.75 High Stock Price ForecastC$6.00 Low Stock Price ForecastC$5.50 Forecasted Upside/Downside+39.2%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.43 Trailing P/E Ratio9.60 Forward P/E Ratio6.01 P/E GrowthN/ANet IncomeC$28.94 million Net Margins39.06% Pretax MarginN/A Return on Equity15.60% Return on Assets3.44% Debt Debt-to-Equity Ratio250.28 Current Ratio0.38 Quick Ratio0.03 Sales & Book Value Annual SalesC$74.10 million Price / Sales0.72 Cash FlowC$0.16 per share Price / Cash Flow25.89 Book ValueC$15.19 per share Price / Book0.27Miscellaneous Outstanding Shares12,960,000Free FloatN/AMarket CapC$53.52 million OptionableNot Optionable Beta1.99 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Andrew John MeltonPres, CEO & TrusteeMs. Naomi Marie Stefura C.A.CA, CFO & Corp. Sec.Ms. Nicole ForsytheDirector of Corp. Communications & Investor RelationsKey CompetitorsMiddlefield Can-Global REIT Income FundTSE:RCO.UNFronsac Real Estate Investment TrustCVE:FRO.UNTrue North Commercial REITTSE:TNT.UNPRO Real Estate Investment TrustCVE:PRV.UNUrbanfundCVE:UFCView All Competitors MR.UN Stock - Frequently Asked Questions Should I buy or sell Melcor Real Estate Investment Trust stock right now? 2 Wall Street equities 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 equities 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 analysts have issued 1 year price targets for Melcor Real Estate Investment Trust's stock. Their MR.UN share price forecasts range from C$5.50 to C$6.00. On average, they anticipate the company's stock price to reach C$5.75 in the next twelve months. This suggests a possible upside of 39.2% 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 shares have decreased by 25.3% and is now trading at C$4.13. 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 10.37%. 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 111.63%. Payout ratios above 75% are not desirable because they may not be sustainable. 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$4.13. How much money does Melcor Real Estate Investment Trust make? Melcor Real Estate Investment Trust (TSE:MR.UN) has a market capitalization of C$53.52 million and generates C$74.10 million in revenue each year. The company earns C$28.94 million in net income (profit) each year or C$0.43 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 10/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Melcor Real Estate Investment Trust Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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