TSE:MR.UN - Melcor Real Estate Investment Trust Stock Price, News, & Analysis

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C$7.74 +0.03 (+0.39 %)
(As of 01/20/2019 12:49 PM ET)
Previous CloseC$7.74
Today's RangeC$7.59 - C$7.85
52-Week RangeC$7.77 - C$9.34
Volume18,165 shs
Average Volume12,879 shs
Market CapitalizationN/A
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Melcor Real Estate Investment Trust (REIT) is a Canada-based open-ended real estate investment trust. The objectives of the REIT are to generate stable and growing cash distributions on a tax-efficient basis; enhance the value of the REIT's assets and maximize long-term Unit value through active asset and property management, and expand the asset base of the REIT and increase adjusted funds from operations (AFFO) per Unit, primarily through acquisitions and improvement of its properties, including the Initial Properties, through targeted and strategically deployed capital expenditures. The Company's portfolio consists of properties located in western Canada, specifically in the metropolitan areas of Edmonton, Calgary, Lethbridge and Red Deer, Alberta; Regina, Saskatchewan, and Kelowna, British Columbia. It is engaged in acquiring, owning and managing office, retail and industrial properties in select markets across Western Canada. The Company is managed by Melcor Developments Ltd.

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Industry, Sector and Symbol

Industry N/A
Sub-IndustryN/A
SectorN/A
CUSIPN/A
Phone+1-780-4236931

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

EmployeesN/A
OptionableNot Optionable

Melcor Real Estate Investment Trust (TSE:MR.UN) Frequently Asked Questions

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."

What price target have analysts set for MR.UN?

4 Wall Street analysts have issued 12-month price objectives for Melcor Real Estate Investment Trust's stock. Their predictions range from C$8.50 to C$8.75. On average, they expect Melcor Real Estate Investment Trust's stock price to reach C$8.55 in the next year. This suggests a possible upside of 10.5% from the stock's current price. View Analyst Price Targets for Melcor Real Estate Investment Trust.

What is the consensus analysts' recommendation for Melcor Real Estate Investment Trust?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Melcor Real Estate Investment Trust in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Melcor Real Estate Investment Trust.

Has Melcor Real Estate Investment Trust been receiving favorable news coverage?

News coverage about MR.UN stock has trended extremely positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Melcor Real Estate Investment Trust earned a media sentiment score of 4.1 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days.

Who are Melcor Real Estate Investment Trust's key executives?

Melcor Real Estate Investment Trust's management team includes the folowing people:
  • Ralph B. Young, Chairman of the Board
  • Andrew J. Melton, President, Chief Executive Officer, Trustee
  • Naomi Marie Stefura, Chief Financial Officer
  • Brian D. Baker, Trustee
  • Brian S. Hunt, Independent Trustee
  • F. Patrick Kirby, Independent Trustee
  • Donald James Lowry, Lead Independent Trustee (Age 66)
  • Laurence Malcolm Pollock, Independent Trustee (Age 71)

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

Shares of MR.UN and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

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

One share of MR.UN stock can currently be purchased for approximately C$7.74.

What is Melcor Real Estate Investment Trust's official website?

The official website for Melcor Real Estate Investment Trust is http://www.melcorreit.ca/.

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 company can be reached via phone at +1-780-4236931.


MarketBeat Community Rating for Melcor Real Estate Investment Trust (TSE MR.UN)

Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  74 (Vote Outperform)
Underperform Votes:  164 (Vote Underperform)
Total Votes:  238
MarketBeat's community ratings are surveys of what our community members think about Melcor Real Estate Investment Trust and other stocks. Vote "Outperform" if you believe MR.UN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MR.UN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/20/2019 by MarketBeat.com Staff

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