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) Add Compare Share Share Today's RangeC$4.78▼C$4.8950-Day RangeC$4.57▼C$5.3852-Week RangeC$4.50▼C$6.85Volume6,300 shsAverage Volume7,353 shsMarket CapitalizationC$62.08 millionP/E Ratio4.06Dividend Yield10.02%Price TargetC$6.00 ProfileProfileAnalyst RatingsChartCompetitorsInsider TradesHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsInsider TradesHeadlinesSocial Media Melcor Real Estate Investment Trust MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside25.3% UpsideC$6.00 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details 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 3.0 Analyst's Opinion Consensus RatingMelcor Real Estate Investment Trust has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$6.00, Melcor Real Estate Investment Trust has a forecasted upside of 25.3% from its current price of C$4.79.Amount of Analyst CoverageMelcor Real Estate Investment Trust has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for MR.UN. Previous Next 2.5 Dividend Strength Dividend LeadershipMelcor Real Estate Investment Trust is a leading dividend payer. It pays a dividend yield of 10.21%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthMelcor Real Estate Investment Trust does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Melcor Real Estate Investment Trust is 40.68%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MR.UN. Previous Next 3.0 News and Social Media Coverage News SentimentMelcor Real Estate Investment Trust has a news sentiment score of 1.38. 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 higher news sentiment than the 0.80 average news sentiment score of Real Estate companies.News Coverage This WeekMarketBeat has tracked 1 news article for Melcor Real Estate Investment Trust this week, compared to 0 articles on an average week. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Melcor Real Estate Investment Trust insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.31% of the stock of Melcor Real Estate Investment Trust is held by insiders.Percentage Held by InstitutionsOnly 2.37% of the stock of Melcor Real Estate Investment Trust is held by institutions. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Melcor Real Estate Investment Trust is 4.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.49.Price to Earnings Ratio vs. SectorThe P/E ratio of Melcor Real Estate Investment Trust is 4.06, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 146.30.Price to Book Value per Share RatioMelcor Real Estate Investment Trust has a P/B Ratio of 0.32. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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 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 MR.UN Stock News HeadlinesJune 4, 2023 | americanbankingnews.comMelcor Real Estate Investment Trust (TSE:MR.UN) Share Price Passes Below 200 Day Moving Average of $5.40May 3, 2023 | msn.comMelcor Real Estate Investment Trust FFO of $0.21 beats by $0.01, revenue of $18.99MJune 10, 2023 | Behind the Markets (Ad)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 >>>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 23, 2023 | americanbankingnews.comMelcor Real Estate Investment Trust (TSE:MR.UN) Stock Passes Below 200-Day Moving Average of $5.57April 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)June 10, 2023 | Stansberry Research (Ad)Why 2023 Could Kick Off a "Cash Frenzy" in StocksBut the analyst who called the Lehman Collapse says to expect a "Cash Frenzy" instead.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 TrusteeOctober 15, 2021 | financialpost.comMelcor REIT announces October, November and December distribution of $0.04 per unit; announces Q3-2021 conference call detailsAugust 5, 2021 | finance.yahoo.comNeed To Know: Melcor Real Estate Investment Trust (TSE:MR.UN) Insiders Have Been Buying SharesJuly 15, 2021 | financialpost.comMelcor REIT announces July distribution of $0.035 per unit; announces Q2-2021 conference call detailsJune 18, 2021 | investing.comMelcor Real Estate Investment Trust (MR_u)See More Headlines MR.UN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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$6.00 High Stock Price ForecastC$6.00 Low Stock Price ForecastC$6.00 Forecasted Upside/Downside+25.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)C$1.18 Trailing P/E Ratio4.06 Forward P/E Ratio6.59 P/E GrowthN/ANet IncomeC$39.80 million Net Margins53.69% Pretax MarginN/A Return on Equity22.81% Return on Assets3.40% Debt Debt-to-Equity Ratio263.66 Current Ratio0.06 Quick Ratio0.03 Sales & Book Value Annual SalesC$74.13 million Price / Sales0.84 Cash FlowC$0.19 per share Price / Cash Flow25.89 Book ValueC$14.76 per share Price / Book0.32Miscellaneous Outstanding Shares12,960,000Free FloatN/AMarket CapC$62.08 million OptionableNot Optionable Beta2.02 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.UNPRO Real Estate Investment TrustCVE:PRV.UNTrue North Commercial REITTSE:TNT.UNHalmont PropertiesCVE:HMTView All CompetitorsInsidersNaomi Marie StefuraBought 700 shares on 9/27/2022Total: C$4,088.00 ($5.84/share)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 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 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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