Melcor Developments (MRD) Stock Forecast, Price & News

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.

Who are some of Melcor Developments' key competitors?

Some companies that are related to Melcor Developments include Countryside Partnerships (CSP), DIC Asset (DIC), WCM Beteiligungs- und Grundbesitz (WCMK), Harworth Group (HWG), Halmont Properties (HMT), OnTheMarket (OTMP), Terra Firma Capital (TII), Macau Property Opportunities Fund (MPO), Hunters Property (HUNT), Raven Property Group (RAV), Findev (FDI), TRU Precious Metals (TRU), Secure Property Development & Investment (SPDI), Regent Pacific Properties (RPP) and Dukemount Capital (DKE).
View all of MRD's competitors.

What other stocks do shareholders of Melcor Developments own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Melcor Developments investors own include Royal Bank of Canada (RY), Allied Properties Real Estate Investment (AP.UN), APA (APA), Artis Real Estate Investment Trust Unit (AX.UN), Boardwalk REIT (BEI.UN), Bank of Montreal (BMO), Bank of Nova Scotia (BNS), Canadian Apartment Properties REIT (CAR.UN), Cisco Systems (CSCO) and Cominar REIT (CUF.UN).

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.
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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.