Melcor Developments Company Profile (TSE:MRD)

About Melcor Developments (TSE:MRD)

Melcor Developments logoMelcor Developments Ltd. is a real estate development and asset management company. The Company develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers and golf courses. The Company's divisions include Community Development, which is engaged in acquiring raw land and planning residential communities and commercial developments; Property Development, which is engaged in project managing development, leasing and construction of commercial properties; Investment Properties, which operates a portfolio of commercial and residential properties, focused on property improvements and capital appreciation of owned properties and property management of real estate investment trust (REIT) owned properties; the REIT, which is engaged in acquiring and owning leasable commercial and residential sites, and Recreational Properties, which owns and operates championship golf courses associated with its residential communities.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Symbol: TSE:MRD
  • CUSIP: N/A
  • Web: N/A
Capitalization:
  • Market Cap: C$540.33 million
  • Outstanding Shares: 33,354,000
Average Prices:
  • 50 Day Moving Avg: C$16.39
  • 200 Day Moving Avg: C$14.93
  • 52 Week Range: C$12.16 - C$16.99
P/E:
  • Trailing P/E Ratio: 16.23
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: C$250.47 million
  • Price / Sales: 2.16
  • Book Value: C$29.41 per share
  • Price / Book: 0.55
Dividend:
  • Dividend Yield: 3.2%
Profitability:
  • EBIDTA: C$90.95 million
Misc:
  • Average Volume: 4,821 shs.
  • Short Ratio: 0.08
 

Frequently Asked Questions for Melcor Developments (TSE:MRD)

What is Melcor Developments' stock symbol?

Melcor Developments trades on the Tornton Stock Exchange (TSX) under the ticker symbol "MRD."

How often does Melcor Developments pay dividends? What is the dividend yield for Melcor Developments?

Melcor Developments declared a quarterly dividend on Thursday, March 23rd. Shareholders of record on Wednesday, April 5th will be given a dividend of 0.13 per share on Wednesday, April 5th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.21%. The ex-dividend date of this dividend is Thursday, March 23rd. This is a boost from Melcor Developments's previous quarterly dividend of $0.12. View Melcor Developments' Dividend History.

How were Melcor Developments' earnings last quarter?

Melcor Developments Ltd. (TSE:MRD) announced its quarterly earnings results on Tuesday, August, 11th. The company reported $0.09 earnings per share for the quarter. The business earned $46.11 million during the quarter. View Melcor Developments' Earnings History.

Where is Melcor Developments' stock going? Where will Melcor Developments' stock price be in 2017?

1 brokers have issued 1 year price objectives for Melcor Developments' shares. Their forecasts range from C$16.00 to C$16.00. On average, they expect Melcor Developments' share price to reach C$16.00 in the next twelve months. View Analyst Ratings for Melcor Developments.

Who are some of Melcor Developments' key competitors?

How do I buy Melcor Developments stock?

Shares of Melcor Developments 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.

How much does a share of Melcor Developments stock cost?

One share of Melcor Developments stock can currently be purchased for approximately C$16.20.

Analyst Ratings

Consensus Ratings for Melcor Developments (TSE:MRD) (?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: C$16.00

Analysts' Ratings History for Melcor Developments (TSE:MRD)
Show:
DateFirmActionRatingPrice TargetDetails
11/24/2016Royal Bank of CanadaReiterated RatingSector PerformC$16.00View Rating Details
3/21/2016Laurentian Bank of CanadaLower Price TargetC$16.75 -> C$15.50View Rating Details
8/14/2015LB SecuritiesLower Price TargetBuyC$23.75 -> C$22.00View Rating Details
(Data available from 5/23/2015 forward)

Earnings

Earnings History for Melcor Developments (TSE:MRD)
Earnings by Quarter for Melcor Developments (TSE:MRD)
Earnings History by Quarter for Melcor Developments (TSE:MRD)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/11/2015Q2$0.09$46.11 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Melcor Developments (TSE:MRD)
Current Year EPS Consensus Estimate: $1.15 EPS

Dividends

Dividend History by Quarter for Melcor Developments (TSE:MRD)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/23/2017Quarterly$0.133.32%3/23/20174/5/20174/5/2017
12/13/2016Quarterly$0.123.44%12/13/201612/30/201612/30/2016
9/13/2016Quarterly$0.123.34%9/13/20169/30/20169/30/2016
6/13/2016Quarterly$0.123.34%6/13/20166/30/20166/30/2016
3/24/2016Quarterly$0.123.44%3/24/20164/5/20164/5/2016
12/11/2015Quarterly$0.154.03%12/11/201512/31/201512/31/2015
9/11/2015Quarterly$0.153.96%9/11/20159/30/20159/30/2015
6/11/2015Quarterly$0.153.2%6/11/20156/30/20156/30/2015
3/11/2015$0.120.87%3/13/20153/17/20153/31/2015
12/11/2014$0.301.41%12/11/201412/31/201412/31/2014
5/9/2014$0.261.13%6/12/20146/16/20146/30/2014
12/13/2013$0.251.3%12/13/201312/31/201312/31/2013
11/6/2013$0.2412/13/201312/17/201312/31/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Melcor Developments (TSE:MRD)
Insider Trades by Quarter for Melcor Developments (TSE:MRD)
Insider Trades by Quarter for Melcor Developments (TSE:MRD)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/8/2016Naomi Marie StefuraInsiderSell4,200C$14.60C$61,320.00
4/7/2016Naomi Marie StefuraInsiderSell200C$14.60C$2,920.00
11/14/2014Jesse RudgeInsiderSell1,100C$23.75C$26,125.00
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Melcor Developments (TSE:MRD)
Latest Headlines for Melcor Developments (TSE:MRD)
Source:
DateHeadline
finance.yahoo.com logoMelcor Developments Ltd. breached its 50 day moving average in a Bearish Manner : MRD-CA : May 17, 2017
finance.yahoo.com - May 17 at 9:12 AM
finance.yahoo.com logoMelcor Developments announces first quarter results, declares quarterly dividend of $0.13
finance.yahoo.com - May 10 at 12:15 PM
finance.yahoo.com logoMelcor Developments Ltd. breached its 50 day moving average in a Bearish Manner : MRD-CA : May 4, 2017
finance.yahoo.com - May 4 at 11:34 AM
finance.yahoo.com logoMelcor Developments Ltd. announces AGM Director Voting Results
finance.yahoo.com - April 26 at 11:41 PM
baystreet.ca logoDominion Diamond at 52-week high on Buyout News
www.baystreet.ca - March 20 at 4:48 PM
americanbankingnews.com logoMelcor Developments Ltd. (MRD) Announces Quarterly Dividend of C$0.13
www.americanbankingnews.com - March 18 at 7:16 AM
finance.yahoo.com logoMelcor Developments announces 2016 results, declares quarterly dividend of $0.13 per share
finance.yahoo.com - March 15 at 6:49 PM
finance.yahoo.com logoMelcor Developments announces changes to executive team
finance.yahoo.com - March 15 at 6:49 PM
fool.ca logoRevealed: 10 of the Cheapest Stocks in Canada - The Motley Fool Canada
www.fool.ca - December 31 at 9:11 AM
finance.yahoo.com logoMelcor Developments announces third quarter results and declares quarterly dividend of $0.12
finance.yahoo.com - November 9 at 6:06 PM
seekingalpha.com logoMelcor Has Limited Downside And Upside From A Potential Cyclical Turn
seekingalpha.com - November 4 at 5:40 PM
finance.yahoo.com logoMelcor Developments Announces Second Quarter Results, Declares Quarterly Dividend of $0.12 and Appoints Chief Financial Officer
finance.yahoo.com - August 11 at 9:28 AM
finance.yahoo.com logoMelcor Announces Resignation of Chief Financial Officer
finance.yahoo.com - June 23 at 6:00 PM
finance.yahoo.com logoMelcor Developments Announces First Quarter Results, Declares Quarterly Dividend of $0.12
finance.yahoo.com - May 11 at 7:00 PM
thestreet.com logoMRD Crosses Above 5% Yield Territory
www.thestreet.com - January 20 at 5:18 PM
finance.yahoo.com logoMelcor Developments Ltd. Announces Normal Course Issuer Bid
finance.yahoo.com - March 27 at 8:00 AM
finance.yahoo.com logoMelcor Developments Announces Ex-Dividend Date on March Dividend
finance.yahoo.com - March 17 at 1:00 PM
finance.yahoo.com logoMelcor Developments Announces 2014 Results, Declares Quarterly Dividend of $0.15
finance.yahoo.com - March 11 at 5:30 PM

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Chart

Melcor Developments (MRD) Chart for Tuesday, May, 23, 2017

This page was last updated on 5/23/2017 by MarketBeat.com Staff