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: Financial
  • Industry: Real Estate Development
  • Sub-Industry: N/A
  • Symbol: TSE:MRD
  • CUSIP: N/A
  • Web: www.melcor.ca/
Capitalization:
  • Market Cap: C$512.01 million
  • Outstanding Shares: 33,356,000
Average Prices:
  • 50 Day Moving Avg: C$14.90
  • 200 Day Moving Avg: C$15.51
  • 52 Week Range: C$12.16 - C$16.99
P/E:
  • Trailing P/E Ratio: 14.79
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: C$255.35 million
  • Price / Sales: 2.01
  • Book Value: C$29.30 per share
  • Price / Book: 0.52
Dividend:
  • Dividend Yield: 3.4%
Profitability:
  • EBIDTA: C$91.27 million
  • Net Margins: 8.36%
  • Return on Equity: 1.61%
  • Return on Assets: 0.84%
Misc:
  • Average Volume: 3,216 shs.
  • Short Ratio: 89.38
 

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, August 10th. Stockholders of record on Friday, September 15th will be paid a dividend of 0.13 per share on Friday, September 29th. This represents a $0.52 annualized dividend and a dividend yield of 3.39%. The ex-dividend date of this dividend is Thursday, September 14th. View Melcor Developments' Dividend History.

How were Melcor Developments' earnings last quarter?

Melcor Developments Ltd. (TSE:MRD) issued its earnings results on Tuesday, August, 11th. The company reported $0.09 earnings per share for the quarter. The company had revenue of $46.11 million for the quarter. Melcor Developments had a net margin of 8.36% and a return on equity of 1.61%. View Melcor Developments' Earnings History.

When will Melcor Developments make its next earnings announcement?

Melcor Developments is scheduled to release their next quarterly earnings announcement on Wednesday, November, 8th 2017. View Earnings Estimates for Melcor Developments.

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

1 brokerages have issued 12-month price objectives for Melcor Developments' shares. Their forecasts range from C$16.00 to C$16.00. On average, they anticipate Melcor Developments' stock price to reach C$16.00 in the next year. View Analyst Ratings for Melcor Developments.

Who are some of Melcor Developments' key competitors?

Who are Melcor Developments' key executives?

Melcor Developments' management team includes the folowing people:

  • Timothy C. Melton, Chairman of the Board
  • Darin Anthony Rayburn, President, Chief Executive Officer
  • Andrew J. Melton, Vice Chairman of the Board
  • Naomi Marie Stefura, Interim Chief Financial Officer
  • Allan Edward Scott, Lead Independent Director
  • Ralph B. Young, Director
  • Gordon J. Clanachan, Independent Director
  • Ross A. Grieve, Independent Director
  • Eric P. Newell, Independent Director

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.

What is Melcor Developments' stock price today?

One share of Melcor Developments stock can currently be purchased for approximately C$15.35.


MarketBeat Community Rating for Melcor Developments (TSE MRD)
Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  80 (Vote Outperform)
Underperform Votes:  43 (Vote Underperform)
Total Votes:  123
MarketBeat's community ratings are surveys of what our community members think about Melcor Developments and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Melcor Developments (TSE:MRD) (How are Consensus Ratings Calculated?)
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
(Data available from 9/21/2015 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
11/8/2017        
8/11/2015Q2C$0.09C$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
8/10/2017Quarterly$0.133.56%9/14/20179/15/20179/29/2017
6/13/2017Quarterly$0.133.25%6/13/20176/30/20176/30/2017
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
6/9/2017Darin Anthony RayburnInsiderBuy1,800C$15.67C$28,206.00
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. : MRD-CA: Dividend Analysis : September 15th, 2017 (record date) : By the numbers : September 14, 2017
finance.yahoo.com - September 14 at 9:14 PM
americanbankingnews.com logoMelcor Developments Ltd. (MRD) Announces Quarterly Dividend of $0.13
www.americanbankingnews.com - September 9 at 2:16 PM
msn.com logoCalgary Paves the Way for Melcor Developments Ltd. Revival
www.msn.com - September 4 at 7:39 PM
finance.yahoo.com logoMelcor Developments Ltd. breached its 50 day moving average in a Bullish Manner : MRD-CA : August 28, 2017
finance.yahoo.com - August 28 at 3:15 PM
fool.ca logoTrading Close to a 50% Discount, This REIT Is a Strong Buy!
www.fool.ca - August 22 at 9:25 PM
finance.yahoo.com logoMelcor Developments Ltd. :MRD-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 18, 2017
finance.yahoo.com - August 19 at 2:27 AM
finance.yahoo.com logoMelcor Developments Ltd. breached its 50 day moving average in a Bullish Manner : MRD-CA : August 16, 2017
finance.yahoo.com - August 17 at 4:46 AM
finance.yahoo.com logoMelcor Developments announces second quarter results, declares quarterly dividend of $0.13
finance.yahoo.com - August 10 at 5:59 AM
finance.yahoo.com logoMelcor Developments Ltd. :MRD-CA: Earnings Analysis: Q1, 2017 By the Numbers : August 3, 2017
finance.yahoo.com - August 4 at 5:25 AM
americanbankingnews.com logoMelcor Developments Ltd. (MRD) to Release Earnings on Wednesday
www.americanbankingnews.com - August 2 at 7:54 AM
finance.yahoo.com logoMelcor Developments Ltd. : MRD-CA: Dividend Analysis : June 15th, 2017 (record date) : By the numbers : June 14, 2017
finance.yahoo.com - June 14 at 10:25 PM
americanbankingnews.com logoMelcor Developments Ltd. (MRD) to Issue Quarterly Dividend of $0.13
www.americanbankingnews.com - June 12 at 12:40 PM
americanbankingnews.com logoDarin Anthony Rayburn Buys 1,800 Shares of Melcor Developments Ltd. (MRD) Stock
www.americanbankingnews.com - June 9 at 10:09 PM
bizjournals.com logoCanadian developer adds to West Valley holdings with $10M buy
www.bizjournals.com - May 25 at 4:46 AM
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 Thursday, September, 21, 2017

This page was last updated on 9/21/2017 by MarketBeat.com Staff