About Melcor Developments
Melcor 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
- 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
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.