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TSE:MR.UN

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

C$5.36
+0.07 (+1.32%)
(As of 03/28/2023 12:00 AM ET)
Add
Compare
Today's Range
C$5.20
▼
C$5.40
50-Day Range
C$5.25
▼
C$5.90
52-Week Range
C$5.00
▼
C$7.40
Volume
10,800 shs
Average Volume
7,434 shs
Market Capitalization
C$69.47 million
P/E Ratio
8.93
Dividend Yield
8.96%
Price Target
C$6.00

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

March 19, 2023 | americanbankingnews.com
Melcor Real Estate Investment Trust (TSE:MR.UN) Stock Price Crosses Below 200-Day Moving Average of $5.69
December 8, 2022 | finance.yahoo.com
Melcor REIT appoints Naomi Stefura as Trustee
March 28, 2023 | Investing Daily (Ad)
A 100% Win Rate In 2022…
The next 10 minutes could change your life. We've recorded a special sit-down interview with a reclusive millionaire who details how he's closed out winning trade after winning trade throughout the volatility of 2022. In fact, he hasn't closed a single losing trade since 2016. Sounds impossible? It's not - and he'll prove it to you. pixel
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 | nz.finance.yahoo.com
Middlefield U.S Equity Dividend ETF Distributions
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
March 28, 2023 | Investing Daily (Ad)
A 100% Win Rate In 2022…
The next 10 minutes could change your life. We've recorded a special sit-down interview with a reclusive millionaire who details how he's closed out winning trade after winning trade throughout the volatility of 2022. In fact, he hasn't closed a single losing trade since 2016. Sounds impossible? It's not - and he'll prove it to you. pixel
December 9, 2021 | finance.yahoo.com
Those who invested in Melcor Real Estate Investment Trust (TSE:MR.UN) a year ago are up 41%
August 5, 2021 | finance.yahoo.com
Need To Know: Melcor Real Estate Investment Trust (TSE:MR.UN) Insiders Have Been Buying Shares
May 17, 2021 | ca.finance.yahoo.com
If You Like EPS Growth Then Check Out Melcor Real Estate Investment Trust (TSE:MR.UN) Before It's Too Late
April 15, 2021 | markets.businessinsider.com
Melcor REIT announces April, May and June distribution of $0.035 per unit; announces Q1-2021 conference call details
January 14, 2021 | markets.businessinsider.com
Melcor REIT announces a 17% increase to Q1-2021 distributions
November 8, 2020 | benzinga.com
Melcor Real Estate Investment Trust to Host Earnings Call
August 1, 2020 | finance.yahoo.com
Melcor REIT announces July distribution of $0.03 per unit, July rent collection update
August 1, 2020 | markets.businessinsider.com
Melcor Real Estate Investment Trust Trust Units Stock
June 17, 2020 | www.globenewswire.com
Melcor REIT announces June distribution of $0.03 per unit, June rent collection update and Q2-2020 conference call details
April 17, 2020 | finance.yahoo.com
MELCOR REIT Q1 Earnings Date, April Rent Collection Update & AGM Details
March 5, 2020 | finance.yahoo.com
Melcor REIT announces 2019 annual results
January 15, 2020 | finance.yahoo.com
Melcor REIT declares January, February and March distributions, unchanged from previous months; announces Q4-2019 conference call details
November 24, 2019 | finance.yahoo.com
If You Had Bought Melcor Real Estate Investment Trust (TSE:MR.UN) Stock Five Years Ago, You'd Be Sitting On A 22% Loss, Today
November 23, 2019 | www.fool.ca
Canada Revenue Agency: This Value Stock’s Dividends Are Eligible for a Dividend Tax Credit
October 31, 2019 | ca.finance.yahoo.com
Melcor Real Estate Investment Trust (MR-UN.TO)
October 29, 2019 | markets.businessinsider.com
IIROC Trading Halt - MR.DB.B
October 29, 2019 | markets.businessinsider.com
IIROC Trade Resumption - MR.DB.B
October 29, 2019 | www.marketwatch.com
Melcor REIT Completes $46 Million Convertible Debenture Public Offering
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$6.00
High Stock Price Forecast
C$6.00
Low Stock Price Forecast
C$6.00
Forecasted Upside/Downside
+15.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C$0.60
Trailing P/E Ratio
8.67
Forward P/E Ratio
7.35
P/E Growth
N/A
Net Income
C$29.61 million
Net Margins
39.96%
Pretax Margin
N/A
Return on Equity
16.68%
Return on Assets
3.38%

Debt

Debt-to-Equity Ratio
278.17
Current Ratio
0.21
Quick Ratio
0.03

Sales & Book Value

Annual Sales
C$74.11 million
Price / Sales
0.91
Cash Flow
C$0.20 per share
Price / Cash Flow
25.89
Book Value
C$14.60 per share
Price / Book
0.36

Miscellaneous

Outstanding Shares
12,960,000
Free Float
N/A
Market Cap
C$67.39 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

Key Competitors

View All Competitors

Insiders

View All Insider Transactions













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 year. 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 stock price to reach C$6.00 in the next twelve months. This suggests a possible upside of 15.4% 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 at the beginning of the year. Since then, MR.UN stock has decreased by 6.0% and is now trading at C$5.20.
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 8.89%. 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 80.00%. 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$5.20.

How much money does Melcor Real Estate Investment Trust make?

Melcor Real Estate Investment Trust (TSE:MR.UN) has a market capitalization of C$67.39 million and generates C$74.11 million in revenue each year. The company earns C$29.61 million in net income (profit) each year or C$0.60 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 3/28/2023 by MarketBeat.com Staff