S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
International Paper's 5% Yield Offers Big Value
[BREAKING] New "Living Software" to Revolutionize Warfare (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
Elon Did It Again: This Could be Bigger than Tesla (Ad)
5 Economic Trends That Will Drive The Market In Q4
Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street
Elon Did It Again: This Could be Bigger than Tesla (Ad)
South Asia is expected to grow by nearly 6% this year, making it the world's fastest-growing region
Inflation is Why a Soft Landing is Bad for the Economy
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
International Paper's 5% Yield Offers Big Value
[BREAKING] New "Living Software" to Revolutionize Warfare (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
Elon Did It Again: This Could be Bigger than Tesla (Ad)
5 Economic Trends That Will Drive The Market In Q4
Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street
Elon Did It Again: This Could be Bigger than Tesla (Ad)
South Asia is expected to grow by nearly 6% this year, making it the world's fastest-growing region
Inflation is Why a Soft Landing is Bad for the Economy
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
International Paper's 5% Yield Offers Big Value
[BREAKING] New "Living Software" to Revolutionize Warfare (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
Elon Did It Again: This Could be Bigger than Tesla (Ad)
5 Economic Trends That Will Drive The Market In Q4
Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street
Elon Did It Again: This Could be Bigger than Tesla (Ad)
South Asia is expected to grow by nearly 6% this year, making it the world's fastest-growing region
Inflation is Why a Soft Landing is Bad for the Economy
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
International Paper's 5% Yield Offers Big Value
[BREAKING] New "Living Software" to Revolutionize Warfare (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
Elon Did It Again: This Could be Bigger than Tesla (Ad)
5 Economic Trends That Will Drive The Market In Q4
Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street
Elon Did It Again: This Could be Bigger than Tesla (Ad)
South Asia is expected to grow by nearly 6% this year, making it the world's fastest-growing region
Inflation is Why a Soft Landing is Bad for the Economy
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)
Compare
Today's Range
C$4.05
▼
C$4.57
50-Day Range
C$4.46
▼
C$5.01
52-Week Range
C$4.05
▼
C$6.15
Volume
38,199 shs
Average Volume
6,767 shs
Market Capitalization
C$53.52 million
P/E Ratio
9.60
Dividend Yield
11.62%
Price Target
C$5.75
ProfileAnalyst RatingsChartCompetitorsHeadlinesSocial Media

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.

MR.UN Price History

MR.UN Stock News Headlines

September 15, 2023 | financialpost.com
Melcor REIT announces September distribution of $0.04 per unit
August 15, 2023 | finance.yahoo.com
Melcor REIT announces August distribution of $0.04 per unit
October 4, 2023 | Behind the Markets (Ad)
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July 27, 2023 | financialpost.com
Melcor REIT announces delay in filing its Q2 financial statements on SEDAR +
July 17, 2023 | markets.businessinsider.com
Raymond James Thinks European Commercial Real Estate Ltd’s Stock is Going to Recover
July 17, 2023 | msn.com
Melcor Real Estate Investment Trust declares $0.04 dividend
July 9, 2023 | finance.yahoo.com
The past five years for Melcor Real Estate Investment Trust (TSE:MR.UN) investors has not been profitable
May 3, 2023 | msn.com
Melcor Real Estate Investment Trust FFO of $0.21 beats by $0.01, revenue of $18.99M
October 4, 2023 | Chaikin Analytics (Ad)
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April 27, 2023 | theglobeandmail.com
Closing Bell: Melcor REIT up on Wednesday (MR-UN)
April 26, 2023 | theglobeandmail.com
Closing Bell: Melcor REIT down on Tuesday (MR-UN)
April 14, 2023 | finance.yahoo.com
Melcor REIT announces April, May & June distributions of $0.04 per unit
April 11, 2023 | theglobeandmail.com
Closing Bell: Melcor REIT down on Monday (MR-UN)
February 2, 2023 | financialpost.com
Melcor REIT sells office building in Kelowna, BC for $19.5 million
January 29, 2023 | yahoo.com
Melcor Real Estate Investment Trust (TSE:MR.UN) shareholders have endured a 9.4% loss from investing in the stock three years ago
January 16, 2023 | financialpost.com
Melcor REIT announces January, February & March distributions of $0.04 per unit
December 23, 2022 | financialpost.com
Melcor REIT announces repayment of 5.25% unsecured convertible debentures
December 8, 2022 | finance.yahoo.com
Melcor REIT appoints Naomi Stefura as Trustee
August 8, 2022 | finance.yahoo.com
Melcor Real Estate Investment Trust (TSE:MR.UN) shareholders have earned a 1.8% CAGR over the last five years
July 15, 2022 | finance.yahoo.com
Melcor REIT announces July 2022 distribution of $0.04 per unit
May 10, 2022 | finance.yahoo.com
Melcor REIT announces Change of Debenture Trustee
April 16, 2022 | yahoo.com
Here's which grocery stores will be open, closed on Easter Sunday
April 16, 2022 | nz.finance.yahoo.com
Middlefield U.S Equity Dividend ETF Distributions
January 17, 2022 | financialpost.com
Melcor REIT announces January 2022 distribution of $0.04 per unit; announces Q4-2021 conference call details
December 11, 2021 | ca.finance.yahoo.com
Trade Alert: Daniel Eggert At Melcor Real Estate Investment Trust (TSE:MR.UN), Has Just Spent CA$51k Buying 101% More Shares
December 9, 2021 | finance.yahoo.com
Those who invested in Melcor Real Estate Investment Trust (TSE:MR.UN) a year ago are up 41%
December 9, 2021 | stockhouse.com
Melcor REIT appoints CEO and announces new Trustee
See More Headlines
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Industry, Sector and Symbol

Stock Exchange
TSE
Industry
REIT - Diversified
Sub-Industry
N/A
Sector
Real Estate
Current Symbol
TSE:MR.UN
CUSIP
N/A
CIK
N/A
Web
www.melcorreit.ca
Phone
+1-780-4236931
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$5.75
High Stock Price Forecast
C$6.00
Low Stock Price Forecast
C$5.50
Forecasted Upside/Downside
+39.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C$0.43
Trailing P/E Ratio
9.60
Forward P/E Ratio
6.01
P/E Growth
N/A
Net Income
C$28.94 million
Net Margins
39.06%
Pretax Margin
N/A
Return on Equity
15.60%
Return on Assets
3.44%

Debt

Debt-to-Equity Ratio
250.28
Current Ratio
0.38
Quick Ratio
0.03

Sales & Book Value

Annual Sales
C$74.10 million
Price / Sales
0.72
Cash Flow
C$0.16 per share
Price / Cash Flow
25.89
Book Value
C$15.19 per share
Price / Book
0.27

Miscellaneous

Outstanding Shares
12,960,000
Free Float
N/A
Market Cap
C$53.52 million
Optionable
Not Optionable
Beta
1.99
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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

Key Competitors

View 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

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