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S&P 500   3,941.48
DOW   31,928.62
QQQ   287.24
S&P 500   3,941.48
DOW   31,928.62
QQQ   287.24
S&P 500   3,941.48
DOW   31,928.62
QQQ   287.24
TSE:MRD

Melcor Developments (MRD) Stock Forecast, Price & News

C$13.87
0.00 (0.00%)
(As of 05/24/2022 12:00 AM ET)
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Today's Range
C$13.85
C$14.02
50-Day Range
C$13.49
C$17.74
52-Week Range
C$11.44
C$17.84
Volume
3,189 shs
Average Volume
8,663 shs
Market Capitalization
C$455.39 million
P/E Ratio
6.40
Dividend Yield
4.04%
Beta
N/A
30 days | 90 days | 365 days | Advanced Chart
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Melcor Developments logo

About Melcor Developments

Melcor Developments Ltd. operates as a real estate development company in the United States and Canada. The company operates through Community Development, Property Development, REIT, Investment Property, and Recreational Property segments. It develops, manages, and owns mixed-use residential communities, business and industrial parks, office buildings, retail centers, and golf courses. The company purchases and develops land to be sold as residential, industrial, and commercial lots; develops, constructs, and leases retail, office, and industrial properties; and owns and leases commercial, retail, and residential properties, as well as parking lots and land. It also owns and manages three 18-hole golf courses. Melcor Developments Ltd. was founded in 1923 and is headquartered in Edmonton, Canada.

Headlines

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Industry, Sector and Symbol

Industry
Real Estate - General
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
124
Year Founded
N/A

Sales & Book Value

Annual Sales
C$325.66 million
Cash Flow
C$2.02 per share
Book Value
C$33.81 per share

Profitability

Pretax Margin
N/A

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
C$455.39 million
Optionable
Not Optionable

Company Calendar

Last Earnings
3/16/2022
Ex-Dividend for 3/31 Dividend
3/24/2022
Dividend Payable
3/31/2022
Today
5/25/2022
Ex-Dividend for 6/30 Dividend
6/14/2022
Dividend Payable
6/30/2022
Next Earnings (Estimated)
8/04/2022

MarketRank

Overall MarketRank

2.41 out of 5 stars

Analyst Opinion: 3.0Community Rank: 4.7Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -













Melcor Developments (TSE:MRD) Frequently Asked Questions

Is Melcor Developments a buy right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Melcor Developments in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Melcor Developments stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MRD, but not buy additional shares or sell existing shares.
View analyst ratings for Melcor Developments
or view top-rated stocks.

When is Melcor Developments' next earnings date?

Melcor Developments is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Melcor Developments
.

How were Melcor Developments' earnings last quarter?

Melcor Developments Ltd. (TSE:MRD) posted its quarterly earnings data on Wednesday, March, 16th. The company reported $1.35 earnings per share for the quarter. The business earned $150.60 million during the quarter.
View Melcor Developments' earnings history
.

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

Melcor Developments declared a quarterly dividend on Monday, May 9th. Shareholders of record on Wednesday, June 15th will be given a dividend of 0.14 per share on Thursday, June 30th. This represents a $0.56 annualized dividend and a yield of 4.04%. The ex-dividend date of this dividend is Tuesday, June 14th.
View Melcor Developments' dividend history
.

Is Melcor Developments a good dividend stock?

Melcor Developments pays an annual dividend of C$0.48 per share and currently has a dividend yield of 4.04%. MRD has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Melcor Developments is 22.16%. This payout ratio is at a healthy, sustainable level, below 75%.
View Melcor Developments' dividend history.

What price target have analysts set for MRD?

1 equities research analysts have issued 12 month price objectives for Melcor Developments' shares. Their forecasts range from C$18.00 to C$18.00. On average, they anticipate Melcor Developments' stock price to reach C$18.00 in the next twelve months. This suggests a possible upside of 29.8% from the stock's current price.
View analysts' price targets for Melcor Developments
or view top-rated stocks among Wall Street analysts.

Who are Melcor Developments' key executives?
Melcor Developments' management team includes the following people:
  • Mr. Timothy Charles Melton, CEO & Exec. Chairman
  • Ms. Naomi Marie Stefura C.A., CA, Exec. VP, CFO & Sec.
  • Ms. Nicole Forsythe, Director of Corp. Communication
  • Mr. Jarett Thompson, Vice-Pres of New Leasing & Sales
  • Mr. Brett A. Halford, Vice-Pres of Recreational Properties
  • Mr. Guy Pelletier, Vice-Pres of Red Deer Region
  • Mr. Ryan Mott, Regional Mang. of USA
  • Ms. Susan Keating, Vice-Pres, Community Devel. Edmonton
  • Ms. Leah Margiotta, Vice-Pres of Property Devel.
What other stocks do shareholders of Melcor Developments own?
What is Melcor Developments' stock symbol?

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

How do I buy shares of Melcor Developments?

Shares of MRD 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 Developments' stock price today?

One share of MRD stock can currently be purchased for approximately C$13.87.

How much money does Melcor Developments make?

Melcor Developments has a market capitalization of C$455.39 million and generates C$325.66 million in revenue each year.

How many employees does Melcor Developments have?

Melcor Developments employs 124 workers across the globe.

What is Melcor Developments' official website?

The official website for Melcor Developments is www.melcor.ca.

How can I contact Melcor Developments?

Melcor Developments' mailing address is 10310 Jasper Ave NW Suite 900, EDMONTON, AB T5J 1Y8, Canada. The company can be reached via phone at +1-780-4236931.

This page was last updated on 5/25/2022 by MarketBeat.com Staff

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