TSE:MRD Melcor Developments Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add C$6.34 -0.02 (-0.31 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's RangeC$6.34Now: C$6.34▼C$6.3650-Day RangeC$6.30MA: C$6.96▼C$7.7452-Week RangeC$5.58Now: C$6.34▼C$13.45Volume9,080 shsAverage Volume7,251 shsMarket CapitalizationC$210.21 millionP/E Ratio5.71Dividend Yield5.03%BetaN/A ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial Media Melcor Developments Ltd. operates as a real estate development company in the United States and Canada. The company operates through Community Development, Property Development, Investment Property, REIT, and Recreational Property divisions. It develops, manages, and owns mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses. The company purchases and develops land to be sold as residential, industrial, and commercial lots; develops, constructs, and leases retail, office, and industrial properties; and owns and leases residential, commercial, retail, and industrial properties. It also owns and manages three 18-hole championship golf courses. The company was founded in 1923 and is headquartered in Edmonton, Canada.Read More Beat the Market (BTM) Rank™ 3.0 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$10.00, Melcor Developments has a forecasted upside of 57.7% from its current price of C$6.34.Amount of Analyst CoverageMelcor Developments has received no research coverage in the past 90 days. Previous Next 2.7 Community Rank Outperform VotesMelcor Developments has received 253 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMelcor Developments has received 210 “underperform” votes. (Add your “underperform” vote.)Community SentimentMelcor Developments has received 54.64% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Melcor Developments and other stocks. Vote “Outperform” if you believe MRD will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MRD will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 2.5 Dividend Strength Dividend LeadershipMelcor Developments is a leading dividend payer. It pays a dividend yield of 5.03%, 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 37.84%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next 3.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Melcor Developments insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$51,316.00 in company stock and sold C$0.00 in company stock. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Melcor Developments is 5.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.81.Price to Earnings Ratio vs. SectorThe P/E ratio of Melcor Developments is 5.71, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 9.19.Price to Book Value per Share RatioMelcor Developments has a P/B Ratio of 0.19. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.0Community Rank: 2.7Dividend Strength: 2.5Insider Behavior: 3.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.62 out of 5 stars Industry, Sector and Symbol Stock Exchange TSE Industry Real Estate - General Sub-IndustryN/A SectorReal Estate Current SymbolTSE:MRD Previous Symbol CUSIPN/A CIKN/A Webwww.melcor.ca Phone+1-780-4236931Debt Debt-to-Equity Ratio65.97 Current Ratio6.90 Quick Ratio0.77Price-To-Earnings Trailing P/E Ratio5.71 Forward P/E Ratio7.93 P/E GrowthN/A Sales & Book Value Annual SalesC$204.82 million Price / Sales1.03 Cash FlowC$0.88 per share Price / Cash Flow7.21 Book ValueC$32.76 per share Price / Book0.19Profitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous Employees147 Outstanding Shares33,156,000Market CapC$210.21 million Next Earnings Date11/4/2020 (Estimated) OptionableNot Optionable C$6.34 -0.02 (-0.31 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive MRD News and Ratings via Email Sign-up to receive the latest news and ratings for MRD and its competitors with MarketBeat's FREE daily newsletter. Melcor Developments (TSE:MRD) Frequently Asked Questions How has Melcor Developments' stock been impacted by COVID-19? Melcor Developments' stock was trading at C$11.43 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MRD shares have decreased by 44.5% and is now trading at C$6.34. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Melcor Developments? 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, resulting in a consensus recommendation of "Hold." View analyst ratings for Melcor Developments. When is Melcor Developments' next earnings date? Melcor Developments is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020. View our earnings forecast for Melcor Developments. How were Melcor Developments' earnings last quarter? Melcor Developments Ltd. (TSE:MRD) released its quarterly earnings data on Tuesday, August, 11th. The company reported ($1.88) earnings per share for the quarter. The firm had revenue of $39.05 million for the quarter. View Melcor Developments' earnings history. How often does Melcor Developments pay dividends? What is the dividend yield for Melcor Developments? Melcor Developments announced a quarterly dividend on Monday, September 14th. Investors of record on Wednesday, September 30th will be given a dividend of 0.08 per share on Wednesday, September 30th. This represents a $0.32 annualized dividend and a yield of 5.05%. The ex-dividend date of this dividend is Monday, September 14th. View Melcor Developments' dividend history. What price target have analysts set for MRD? 1 Wall Street analysts have issued 12-month price objectives for Melcor Developments' shares. Their forecasts range from C$10.00 to C$10.00. On average, they anticipate Melcor Developments' share price to reach C$10.00 in the next year. This suggests a possible upside of 57.7% from the stock's current price. View analysts' price targets for Melcor Developments. Who are some of Melcor Developments' key competitors? Some companies that are related to Melcor Developments include WCM Beteiligungs und Grundbesitz (WCMK), Harworth Group (HWG), Consolidated-Tomoka Land (CTO), Raven Property Group (RAV), OnTheMarket (OTMP), Income Opportunity Realty Investors (IOR), Halmont Properties (HMT), Macau Property Opportunities Fund (MPO), Terra Firma Capital (TII), Hunters Property (HUNT), Findev (FDI), Secure Property Development & Invest (SPDI), Dukemount Capital (DKE), Regent Pacific Properties (RPP) and Chagala Group (CGLO). View all 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), Apache (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), Cominar REIT (CUF.UN) and Dream Office Real Estate Investment Trst (D.UN). Who are Melcor Developments' key executives? Melcor Developments' management team includes the following people: Mr. Darin Anthony Rayburn, CEO & PresMs. Naomi Marie Stefura C.A., CA, CFO & Corp. Sec.Mr. Ryan Mott, Regional Mang. of USAMs. Nicole Forsythe, Director of Corp. CommunicationMr. Jarett Thompson, Vice-Pres of New Leasing & Sales 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 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 MRD stock can currently be purchased for approximately C$6.34. How big of a company is Melcor Developments? Melcor Developments has a market capitalization of C$210.21 million and generates C$204.82 million in revenue each year. Melcor Developments employs 147 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. 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