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TSE:MRDMelcor Developments Stock Price, Forecast & News

C$7.84
+0.15 (+1.95 %)
(As of 07/10/2020 04:00 PM ET)
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Today's Range
C$7.26
Now: C$7.84
C$7.85
50-Day Range
C$6.99
MA: C$7.71
C$8.75
52-Week Range
C$5.58
Now: C$7.84
C$13.69
Volume4,250 shs
Average Volume6,225 shs
Market CapitalizationC$260.30 million
P/E Ratio2.57
Dividend Yield4.16%
BetaN/A
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.0Community Rank: 2.7Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.02 out of 5 stars


Industry, Sector and Symbol

Industry Real Estate - General
Sub-IndustryN/A
CUSIPN/A
CIKN/A
Phone+1-780-4236931

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$206.85 million
Cash FlowC$0.80 per share
Book ValueC$34.88 per share

Profitability

Miscellaneous

Employees147
Market CapC$260.30 million
Next Earnings Date8/6/2020 (Estimated)
OptionableNot Optionable

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Melcor Developments (TSE:MRD) Frequently Asked Questions

How has Melcor Developments' stock been impacted by COVID-19 (Coronavirus)?

Melcor Developments' stock was trading at C$11.43 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MRD shares have decreased by 31.4% and is now trading at C$7.84. View which stocks have been most impacted by Coronavirus.

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 Thursday, August 6th 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 Wednesday, May, 20th. The company reported $2.00 earnings per share for the quarter. The firm earned $33.77 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 announced a quarterly dividend on Wednesday, May 20th. Shareholders of record on Monday, June 15th will be paid a dividend of 0.08 per share on Tuesday, June 30th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 4.08%. The ex-dividend date is Friday, June 12th. View Melcor Developments' dividend history.

What price target have analysts set for MRD?

1 brokers have issued 1 year price targets for Melcor Developments' shares. Their forecasts range from C$10.00 to C$10.00. On average, they anticipate Melcor Developments' stock price to reach C$10.00 in the next year. This suggests a possible upside of 27.6% from the stock's current price. View analysts' price targets for Melcor Developments.

Has Melcor Developments been receiving favorable news coverage?

Media headlines about MRD stock have trended negative recently, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Melcor Developments earned a coverage optimism score of -2.6 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news about Melcor Developments.

Who are some of Melcor Developments' key competitors?

What other stocks do shareholders of Melcor Developments own?

Who are Melcor Developments' key executives?

Melcor Developments' management team includes the following people:
  • Mr. Darin Anthony Rayburn, CEO & Pres
  • Ms. Naomi Marie Stefura C.A., CA, CFO & Corp. Sec.
  • Mr. Ryan Mott, Regional Mang. of USA
  • Ms. Nicole Forsythe, Director of Corp. Communication
  • Mr. 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$7.84.

How big of a company is Melcor Developments?

Melcor Developments has a market capitalization of C$260.30 million and generates C$206.85 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.

This page was last updated on 7/12/2020 by MarketBeat.com Staff

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