Melcor Developments Company Profile (TSE:MRD)

About Melcor Developments

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
  • Exchange: TSE
  • Symbol: MRD
  • CUSIP:
Key Metrics:
  • Previous Close: $15.46
  • 50 Day Moving Average: $14.86
  • 200 Day Moving Average: $13.85
  • 52-Week Range: C$12.16 - C$15.90
  • Trailing P/E Ratio: 11.76
  • P/E Growth: 0.00
  • Market Cap: $504.80M
  • Outstanding Shares: 33,254,000
Additional Links:

Analyst Ratings

Consensus Ratings for Melcor Developments (TSE:MRD) (?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: C$15.67

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 2/25/2015 forward)

Earnings

Earnings History for Melcor Developments (TSE:MRD)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/14/2017        
8/5/2015Q2$0.09ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Melcor Developments (TSE:MRD)
Current Year EPS Consensus Estimate: $0.86 EPS

Dividends

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

Insider Trades

Insider Trading History 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

Latest Headlines for Melcor Developments (TSE:MRD)
DateHeadline
News IconEye on the Numbers for Melcor Developments Ltd. (TSX:MRD) - The Standard (TSE:MRD)
6milestandard.com - February 14 at 8:15 PM
News IconMomentum Watch on Shares of Melcor Developments Ltd. (TSX:MRD) - Davidson Register (TSE:MRD)
davidsonregister.com - February 9 at 7:41 PM
News IconTrading Summary: Watching Shares of Melcor Developments Ltd. (TSX:MRD) - Searcy News (TSE:MRD)
searcysentinel.com - February 9 at 5:33 AM
News IconIs Momentum Mounting for Melcor Developments Ltd. (MRD.TO) - Rives Journal (TSE:MRD)
rivesjournal.com - February 7 at 8:15 AM
capitalcube.com logoMelcor Developments Ltd. breached its 50 day moving average in a Bearish Manner : MRD-CA : February 3, 2017 (TSE:MRD)
www.capitalcube.com - February 3 at 7:21 PM
News IconInvestor Circle: Watching the Numbers on Shares of Melcor Developments Ltd. (TSX:MRD) - Gilbert Daily (TSE:MRD)
gilbertdaily.com - January 31 at 12:22 AM
News IconInvestor Guide: Checking on Indicators for Melcor Developments Ltd. (MRD.TO) - Rives Journal (TSE:MRD)
rivesjournal.com - January 31 at 12:22 AM
News IconChart Level Analysis on Shares of Melcor Developments Ltd. (MRD.TO) - Rives Journal (TSE:MRD)
rivesjournal.com - January 16 at 7:10 PM
fool.ca logoRevealed: 10 of the Cheapest Stocks in Canada - The Motley Fool Canada (TSE:MRD)
www.fool.ca - December 31 at 9:11 AM
News IconFollowing FCF Scores for Melcor Developments Ltd. (TSX:MRD) - Stock Newsweek (TSE:MRD)
stocknewsweek.com - December 21 at 10:02 AM
News IconInvestor Scope: Taking a Closer Look at Shares of Melcor Developments Ltd. (TSX:MRD) - Stock Newsweek (TSE:MRD)
stocknewsweek.com - December 11 at 9:53 AM
investingnews.com logoMedallion Resources Provides Corporate Update (TSE:MRD)
investingnews.com - December 8 at 4:41 PM
News IconStock in Focus: Melcor Developments Ltd. (TSX:MRD) - Stock Newsweek (TSE:MRD)
stocknewsweek.com - December 4 at 9:51 AM
News IconStock Survey: Viewing Levels for Melcor Developments Ltd. (TSX:MRD) - Stock Newsweek (TSE:MRD)
stocknewsweek.com - December 4 at 9:51 AM
News IconNumbers in Focus for Melcor Developments Ltd. (TSX:MRD) - Highland Digest (TSE:MRD)
highlanddigest.com - December 1 at 6:34 PM
News IconInside the Numbers: Checking on Shares of Melcor Developments Ltd. (TSX:MRD) - Stock Newsweek (TSE:MRD)
stocknewsweek.com - November 30 at 11:49 PM
News IconVC Score In Focus for Melcor Developments Ltd. (TSX:MRD) - Stock Newsweek (TSE:MRD)
stocknewsweek.com - November 30 at 11:49 PM
News IconFocusing on the Numbers for Melcor Developments Ltd. (MRD.TO) - Wall Street Confidential (TSE:MRD)
wsconfidential.com - November 30 at 11:49 PM
capitalcube.com logoMelcor Developments Ltd. :MRD-CA: Earnings Analysis: Q3, 2016 By the Numbers : November 23, 2016 (TSE:MRD)
www.capitalcube.com - November 23 at 6:19 PM
capitalcube.com logoMelcor Developments Ltd. breached its 50 day moving average in a Bullish Manner : MRD-CA : November 23, 2016 (TSE:MRD)
www.capitalcube.com - November 23 at 9:25 AM
finance.yahoo.com logoMelcor Developments announces third quarter results and declares quarterly dividend of $0.12 (TSE:MRD)
finance.yahoo.com - November 9 at 6:06 PM
seekingalpha.com logoMelcor Has Limited Downside And Upside From A Potential Cyclical Turn (TSE:MRD)
seekingalpha.com - November 4 at 5:40 PM
capitalcube.com logoETF’s with exposure to Melcor Developments Ltd. : September 19, 2016 (TSE:MRD)
www.capitalcube.com - September 19 at 10:45 AM
marketwired.com logoLandmark Cinemas Brings Premium Movie Experience to St. Albert's Jensen Lakes Crossing -- Summer 2018 (TSE:MRD)
www.marketwired.com - September 15 at 6:17 PM
capitalcube.com logoETF’s with exposure to Melcor Developments Ltd. : September 7, 2016 (TSE:MRD)
www.capitalcube.com - September 7 at 6:23 PM
capitalcube.com logoMelcor Developments Ltd. :MRD-CA: Earnings Analysis: Q2, 2016 By the Numbers : August 25, 2016 (TSE:MRD)
www.capitalcube.com - August 25 at 11:21 AM
capitalcube.com logoETF’s with exposure to Melcor Developments Ltd. : August 25, 2016 (TSE:MRD)
www.capitalcube.com - August 25 at 11:21 AM
capitalcube.com logoMelcor Developments Ltd. breached its 50 day moving average in a Bearish Manner : MRD-CA : August 24, 2016 (TSE:MRD)
www.capitalcube.com - August 24 at 9:23 AM
finance.yahoo.com logoMelcor Developments Announces Second Quarter Results, Declares Quarterly Dividend of $0.12 and Appoints Chief Financial Officer (TSE:MRD)
finance.yahoo.com - August 11 at 9:28 AM
capitalcube.com logoETF’s with exposure to Melcor Developments Ltd. : August 10, 2016 (TSE:MRD)
www.capitalcube.com - August 10 at 6:42 PM
capitalcube.com logoMelcor Developments Ltd. breached its 50 day moving average in a Bullish Manner : MRD-CA : August 9, 2016 (TSE:MRD)
www.capitalcube.com - August 9 at 9:27 AM
capitalcube.com logoMelcor Developments Ltd. breached its 50 day moving average in a Bearish Manner : MRD-CA : July 29, 2016 (TSE:MRD)
www.capitalcube.com - July 29 at 8:55 AM
capitalcube.com logoMelcor Developments Ltd. breached its 50 day moving average in a Bearish Manner : MRD-CA : July 19, 2016 (TSE:MRD)
www.capitalcube.com - July 19 at 8:33 AM
capitalcube.com logoMelcor Developments Ltd. breached its 50 day moving average in a Bullish Manner : MRD-CA : June 28, 2016 (TSE:MRD)
www.capitalcube.com - June 28 at 10:02 AM
4-traders.com logoMelcor Developments : Announces Resignation of Chief Financial Officer (TSE:MRD)
www.4-traders.com - June 23 at 6:43 PM
finance.yahoo.com logoMelcor Announces Resignation of Chief Financial Officer (TSE:MRD)
finance.yahoo.com - June 23 at 6:00 PM
capitalcube.com logoETF’s with exposure to Melcor Developments Ltd. : June 20, 2016 (TSE:MRD)
www.capitalcube.com - June 20 at 2:51 PM
capitalcube.com logoMelcor Developments Ltd. breached its 50 day moving average in a Bearish Manner : MRD-CA : June 13, 2016 (TSE:MRD)
www.capitalcube.com - June 13 at 9:03 AM
capitalcube.com logoETF’s with exposure to Melcor Developments Ltd. : May 26, 2016 (TSE:MRD)
www.capitalcube.com - May 26 at 7:59 PM
capitalcube.com logoMelcor Developments Ltd. breached its 50 day moving average in a Bullish Manner : MRD-CA : May 25, 2016 (TSE:MRD)
www.capitalcube.com - May 25 at 9:24 AM
finance.yahoo.com logoMelcor Developments Announces First Quarter Results, Declares Quarterly Dividend of $0.12 (TSE:MRD)
finance.yahoo.com - May 11 at 7:00 PM
capitalcube.com logoMelcor Developments Ltd. breached its 50 day moving average in a Bullish Manner : MRD-CA : April 21, 2016 (TSE:MRD)
www.capitalcube.com - April 21 at 8:25 AM
capitalcube.com logoMelcor Developments Ltd. breached its 50 day moving average in a Bearish Manner : MRD-CA : March 29, 2016 (TSE:MRD)
www.capitalcube.com - March 29 at 8:25 AM
capitalcube.com logoMelcor Developments Ltd. :MRD-CA: Earnings Analysis: Q4, 2015 By the Numbers (TSE:MRD)
www.capitalcube.com - March 23 at 11:28 AM
capitalcube.com logoMelcor Developments Ltd. :MRD-CA: Earnings Analysis: 2015 By the Numbers (TSE:MRD)
www.capitalcube.com - March 22 at 2:54 PM
capitalcube.com logoMelcor Developments Ltd. breached its 50 day moving average in a Bullish Manner : MRD-CA : March 2, 2016 (TSE:MRD)
www.capitalcube.com - March 2 at 8:56 AM
thestreet.com logoMRD Crosses Above 5% Yield Territory (TSE:MRD)
www.thestreet.com - January 20 at 5:18 PM
finance.yahoo.com logoMelcor Developments Ltd. Announces AGM Director Voting Results (TSE:MRD)
finance.yahoo.com - April 23 at 5:40 PM
finance.yahoo.com logoMelcor Developments Ltd. Announces Normal Course Issuer Bid (TSE:MRD)
finance.yahoo.com - March 27 at 8:00 AM
finance.yahoo.com logoMelcor Developments Announces Ex-Dividend Date on March Dividend (TSE:MRD)
finance.yahoo.com - March 17 at 1:00 PM

Social

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 announced a quarterly dividend on Tuesday, December 13th. Stockholders of record on Friday, December 30th will be paid a dividend of 0.12 per share on Friday, December 30th. This represents a $0.48 annualized dividend and a dividend yield of 3.16%. The ex-dividend date is Tuesday, December 13th.

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

2 equities research analysts have issued twelve-month target prices for Melcor Developments' stock. Their predictions range from C$15.50 to C$16.00. On average, they anticipate Melcor Developments' share price to reach C$15.67 in the next year.

When will Melcor Developments announce their earnings?

Melcor Developments is scheduled to release their next quarterly earnings announcement on Tuesday, March, 14th 2017.

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$15.18.

Melcor Developments (TSE:MRD) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Melcor Developments (TSE:MRD)

Earnings History Chart

Earnings by Quarter for Melcor Developments (TSE:MRD)

Dividend History Chart

Dividend Payments by Quarter for Melcor Developments (TSE:MRD)

Last Updated on 2/25/2017 by MarketBeat.com Staff