TSE:MRD Melcor Developments (MRD) Stock Price, News & Analysis → They said crypto was dead. It went up 100X. (From InvestorPlace) (Ad) Free MRD Stock Alerts C$11.26 -0.12 (-1.05%) (As of 03/18/2024 ET) Add Compare Share Share Today's RangeC$11.26▼C$11.3850-Day RangeC$11.26▼C$11.9052-Week RangeC$10.65▼C$12.32Volume2,091 shsAverage Volume7,081 shsMarket CapitalizationC$345.23 millionP/E Ratio5.55Dividend Yield3.91%Price TargetC$14.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Melcor Developments alerts: Email Address Melcor Developments MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside24.3% UpsideC$14.00 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.27Based on 5 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.85 out of 5 stars 2.0 Analyst's Opinion Consensus RatingMelcor Developments has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$14.00, Melcor Developments has a forecasted upside of 24.3% from its current price of C$11.26.Amount of Analyst CoverageMelcor Developments has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for MRD. Previous Next 2.5 Dividend Strength Dividend LeadershipMelcor Developments is a leading dividend payer. It pays a dividend yield of 3.87%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthMelcor Developments does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Melcor Developments is 21.67%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MRD. Previous Next 1.8 News and Social Media Coverage News SentimentMelcor Developments has a news sentiment score of 0.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.41 average news sentiment score of Real Estate companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Melcor Developments this week, compared to 0 articles on an average week.Search InterestOnly 1 people have searched for MRD on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Melcor Developments insiders have not sold or bought any company stock.Percentage Held by Insiders64.75% of the stock of Melcor Developments is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 9.76% of the stock of Melcor Developments is held by institutions. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Melcor Developments is 5.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 148.57.Price to Earnings Ratio vs. SectorThe P/E ratio of Melcor Developments is 5.55, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 190.61.Price to Book Value per Share RatioMelcor Developments has a P/B Ratio of 0.29. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Prosper Trading AcademyDid you make $29,000 two days with AI options trades?What if it was possible to find options trades on autopilot… Using A.I. to find the ones with the highest profit potential… And nearly perfect win rates… You can grab your free copy of my "Ultimate Guide to A.I. Options Trading" by clicking the link below:Click Here To Get Your Free Copy About Melcor Developments Stock (TSE:MRD)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, owns, and manages mixed-use residential communities, business and industrial parks, office buildings, retail centers, and golf courses. The company also purchases and develops land to be sold as residential, industrial, and commercial lots; develops and leases retail, office, industrial, and multi-family 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.Read More MRD Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MRD Stock News HeadlinesMarch 14, 2024 | finanznachrichten.deMelcor Developments Ltd.: Melcor Developments announces results for 2023, declares $0.11 per share dividendMarch 14, 2024 | msn.comGiant 100-year-old snapping alligator turtle vanishes without a trace along North Carolina interstateMarch 19, 2024 | Banyan Hill Publishing (Ad)AI Cracks Open Largest Untapped Energy Reserve on EarthThis orb represents the largest untapped energy source in the world… And although this energy resource is unknown by 99% of the public… It makes gas, coal, oil, wind, hydropower, solar, fusion… March 14, 2024 | finance.yahoo.comMelcor Developments (TSE:MRD) shareholders have earned a 1.7% CAGR over the last five yearsFebruary 14, 2024 | wsj.comMelcor Developments Ltd.January 30, 2024 | ca.finance.yahoo.comMelcor Developments Ltd. (MRD.TO)January 28, 2024 | finance.yahoo.comA Look At The Fair Value Of Melcor Developments Ltd. (TSE:MRD)January 11, 2024 | finance.yahoo.comPrivate companies account for 52% of Melcor Developments Ltd.'s (TSE:MRD) ownership, while individual investors account for 26%March 19, 2024 | Prosper Trading Academy (Ad)Did you make $29,000 two days with AI options trades?What if it was possible to find options trades on autopilot… Using A.I. to find the ones with the highest profit potential… And nearly perfect win rates… You can grab your free copy of my "Ultimate Guide to A.I. Options Trading" by clicking the link below:December 25, 2023 | finance.yahoo.comPleasing Signs As A Number Of Insiders Buy Melcor Developments StockDecember 9, 2023 | finance.yahoo.comMelcor Developments Ltd. (TSE:MRD) Looks Like A Good Stock, And It's Going Ex-Dividend SoonNovember 9, 2023 | finance.yahoo.comAt CA$11.39, Is It Time To Put Melcor Developments Ltd. (TSE:MRD) On Your Watch List?November 9, 2023 | finanznachrichten.deMelcor Developments Ltd.: Melcor Developments announces third quarter results, declares quarterly dividend of $0.16 per shareNovember 9, 2023 | msn.comMelcor Developments declares CAD 0.16 dividendNovember 8, 2023 | finance.yahoo.comMelcor Developments announces third quarter results, declares quarterly dividend of $0.16 per shareNovember 3, 2023 | seekingalpha.comMelcor Developments FFO of $0.21 misses by $0.14, revenue of $18.29MOctober 6, 2023 | finance.yahoo.comInvestors in Melcor Developments (TSE:MRD) have seen solid returns of 119% over the past three yearsAugust 24, 2023 | theglobeandmail.comMelcor Developments: Top 10 Undervalued Real Estate Sector Stocks on TSX (MRD)August 11, 2023 | finanznachrichten.deMelcor Developments Ltd.: Melcor Developments announces second quarter results, declares quarterly dividend of $0.16 per shareAugust 11, 2023 | finance.yahoo.comMelcor Developments announces second quarter results, declares quarterly dividend of $0.16 per shareJuly 29, 2023 | finance.yahoo.comWhile individual investors own 20% of Melcor Developments Ltd. (TSE:MRD), private companies are its largest shareholders with 51% ownershipJune 22, 2023 | msn.comJUST RELEASED: 3 TSX Dividend Stocks on Sale Now [PREMIUM PICKS]June 15, 2023 | ca.finance.yahoo.comMRD.TO - Melcor Developments Ltd.June 9, 2023 | finance.yahoo.comOnly Four Days Left To Cash In On Melcor Developments' (TSE:MRD) DividendMay 11, 2023 | finanznachrichten.deMelcor Developments Ltd.: Melcor Developments announces first quarter results, declares quarterly dividend of $0.16 per shareMay 11, 2023 | msn.comMelcor Developments Ltd. declares CAD 0.16 dividendMay 10, 2023 | finance.yahoo.comMelcor Developments announces first quarter results, declares quarterly dividend of $0.16 per shareSee More Headlines Receive MRD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Melcor Developments and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 12/29 Dividend12/14/2023Dividend Payable12/29/2023Today3/19/2024Ex-Dividend for 4/29 Dividend3/21/2024Dividend Payable4/29/2024Next Earnings (Estimated)5/08/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorReal Estate Industry Real Estate - Development Sub-IndustryN/A Current SymbolTSE:MRD CUSIPN/A CIKN/A Webwww.melcor.ca Phone+1-780-4236931FaxN/AEmployees123Year FoundedN/APrice Target and Rating Average Stock Price TargetC$14.00 High Stock Price TargetC$14.00 Low Stock Price TargetC$14.00 Potential Upside/Downside+24.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)C$2.03 Trailing P/E Ratio5.55 Forward P/E Ratio4.87 P/E GrowthN/ANet IncomeC$62.98 million Net Margins19.98% Pretax MarginN/A Return on Equity5.01% Return on Assets3.50% Debt Debt-to-Equity Ratio53.05 Current Ratio10.17 Quick Ratio2.65 Sales & Book Value Annual SalesC$315.24 million Price / Sales1.10 Cash FlowC$2.86 per share Price / Cash Flow3.93 Book ValueC$39.45 per share Price / Book0.29Miscellaneous Outstanding Shares30,660,000Free FloatN/AMarket CapC$345.23 million OptionableNot Optionable Beta1.41 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for March 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Timothy Charles MeltonCEO & Executive ChairmanMs. Naomi Marie Stefura C.A.COO, CFO & SecretaryMs. Nicole ForsytheDirector of Corporate CommunicationMr. Jarett ThompsonVice-President of New Leasing & SalesMr. Brett A. HalfordVice-President of Recreational PropertiesMr. Ryan MottRegional Manager of USAMs. Leah MargiottaVice-President of Property DevelopmentMore ExecutivesKey CompetitorsGenesis Land DevelopmentTSE:GDCWall FinancialTSE:WFCDream UnlimitedTSE:DRMMorguard Real Estate Inv.TSE:MRT.UNDream Hard Asset Alternatives TrustTSE:DRA.UNView All CompetitorsInsidersSinead O'mearaSold 7 sharesTotal: C$77.70 ($11.10/share)Timothy Charles MeltonSold 10,430 sharesTotal: C$115,957.61 ($11.12/share)Graeme MeltonSold 4,775 sharesTotal: C$53,087.02 ($11.12/share)Graeme MeltonSold 425 sharesTotal: C$5,023.50 ($11.82/share)Guy PelletierSold 1,500 sharesTotal: C$18,085.95 ($12.06/share)View All Insider Transactions MRD Stock Analysis - Frequently Asked Questions Should I buy or sell Melcor Developments stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Melcor Developments in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MRD shares. 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 MRD analyst ratings or view top-rated stocks. What is Melcor Developments' stock price target for 2024? 1 brokerages have issued 12 month price targets for Melcor Developments' stock. Their MRD share price targets range from C$14.00 to C$14.00. On average, they anticipate the company's stock price to reach C$14.00 in the next year. This suggests a possible upside of 24.3% from the stock's current price. View analysts price targets for MRD or view top-rated stocks among Wall Street analysts. How have MRD shares performed in 2024? Melcor Developments' stock was trading at C$11.26 at the start of the year. Since then, MRD stock has increased by 0.0% and is now trading at C$11.26. View the best growth stocks for 2024 here. When is Melcor Developments' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our MRD earnings forecast. How often does Melcor Developments pay dividends? What is the dividend yield for Melcor Developments? Melcor Developments declared a quarterly dividend on Wednesday, March 13th. Shareholders of record on Friday, March 22nd will be paid a dividend of 0.11 per share on Monday, April 29th. This represents a $0.44 dividend on an annualized basis and a yield of 3.91%. The ex-dividend date is Thursday, March 21st. Read our dividend analysis for MRD. Is Melcor Developments a good dividend stock? Melcor Developments (TSE:MRD) pays an annual dividend of C$0.44 per share and currently has a dividend yield of 3.87%. The dividend payout ratio is 21.67%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for MRD. 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), 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). How do I buy shares of Melcor Developments? Shares of MRD stock 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. This page (TSE:MRD) was last updated on 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressAltcoin FRENZY Alert…Crypto 101 MediaThe AI Bottleneck No One is Talking AboutThe Bull ReportThey said crypto was dead. It went up 100X.InvestorPlaceThe world’s greatest investmentPorter & CompanyMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Melcor Developments Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.