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Melcor Developments Ltd.TSX:MRD Stock Report

Market Cap CA$544.0m
Share Price
CA$17.96
CA$20.29
11.5% undervalued intrinsic discount
1Y35.5%
7D-3.2%
Portfolio Value
View

Melcor Developments Ltd.

TSX:MRD Stock Report

Market Cap: CA$544.0m

Melcor Developments (MRD) Stock Overview

Operates as a real estate development company in the United States and Canada. More details

MRD fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends3/6

MRD Community Fair Values

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Melcor Developments Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Melcor Developments
Historical stock prices
Current Share PriceCA$17.96
52 Week HighCA$19.34
52 Week LowCA$13.05
Beta0.90
1 Month Change-0.77%
3 Month Change9.51%
1 Year Change35.55%
3 Year Change57.13%
5 Year Change34.53%
Change since IPO4,564.94%

Recent News & Updates

Recent updates

Analysis Article Aug 22

Some Investors May Be Willing To Look Past Melcor Developments' (TSE:MRD) Soft Earnings

The market for Melcor Developments Ltd.'s ( TSE:MRD ) shares didn't move much after it posted weak earnings recently...
Analysis Article May 26

Melcor Developments (TSE:MRD) Is Due To Pay A Dividend Of CA$0.11

Melcor Developments Ltd.'s ( TSE:MRD ) investors are due to receive a payment of CA$0.11 per share on 30th of June. The...
Analysis Article Mar 17

Melcor Developments' (TSE:MRD) Dividend Will Be CA$0.11

The board of Melcor Developments Ltd. ( TSE:MRD ) has announced that it will pay a dividend of CA$0.11 per share on the...
Analysis Article Jun 06

Melcor Developments (TSE:MRD) Has Announced A Dividend Of CA$0.11

Melcor Developments Ltd. ( TSE:MRD ) has announced that it will pay a dividend of CA$0.11 per share on the 28th of...
Analysis Article Mar 20

We Think You Can Look Beyond Melcor Developments' (TSE:MRD) Lackluster Earnings

Soft earnings didn't appear to concern Melcor Developments Ltd.'s ( TSE:MRD ) shareholders over the last week. We did...
Analysis Article Jan 05

Melcor Developments (TSE:MRD) Takes On Some Risk With Its Use Of Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Aug 18

Melcor Developments' (TSE:MRD) Shareholders Will Receive A Bigger Dividend Than Last Year

Melcor Developments Ltd. ( TSE:MRD ) will increase its dividend from last year's comparable payment on the 30th of...
Analysis Article May 11

Melcor Developments (TSE:MRD) Has A Somewhat Strained Balance Sheet

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Mar 23

Melcor Developments (TSE:MRD) Will Pay A Larger Dividend Than Last Year At CA$0.14

Melcor Developments Ltd.'s ( TSE:MRD ) dividend will be increasing to CA$0.14 on 31st of March. This will take the...

Shareholder Returns

MRDCA Real EstateCA Market
7D-3.2%-4.5%1.7%
1Y35.5%-19.4%33.9%

Return vs Industry: MRD exceeded the Canadian Real Estate industry which returned -17.4% over the past year.

Return vs Market: MRD exceeded the Canadian Market which returned 34.2% over the past year.

Price Volatility

Is MRD's price volatile compared to industry and market?
MRD volatility
MRD Average Weekly Movement2.8%
Real Estate Industry Average Movement5.7%
Market Average Movement10.3%
10% most volatile stocks in CA Market18.0%
10% least volatile stocks in CA Market3.9%

Stable Share Price: MRD has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: MRD's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1923140Tim Meltonwww.melcor.ca

Melcor Developments Ltd. operates as a real estate development company in the United States and Canada. The company operates through Land, Properties, and Golf divisions. The company develops, owns, and manages mixed-use residential, business industrial parks, office buildings, retail commercial centers, and golf courses.

Melcor Developments Ltd. Fundamentals Summary

How do Melcor Developments's earnings and revenue compare to its market cap?
MRD fundamental statistics
Market capCA$543.98m
Earnings (TTM)CA$76.18m
Revenue (TTM)CA$405.17m
7.1x
P/E Ratio
1.3x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MRD income statement (TTM)
RevenueCA$405.17m
Cost of RevenueCA$221.00m
Gross ProfitCA$184.17m
Other ExpensesCA$107.99m
EarningsCA$76.18m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)2.54
Gross Margin45.46%
Net Profit Margin18.80%
Debt/Equity Ratio39.2%

How did MRD perform over the long term?

See historical performance and comparison

Dividends

3.3%
Current Dividend Yield
19%
Payout Ratio

Does MRD pay a reliable dividends?

See MRD dividend history and benchmarks
When do you need to buy MRD by to receive an upcoming dividend?
Melcor Developments dividend dates
Ex Dividend DateJun 15 2026
Dividend Pay DateJun 30 2026
Days until Ex dividend30 days
Days until Dividend pay date45 days

Does MRD pay a reliable dividends?

See MRD dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/14 12:53
End of Day Share Price 2026/05/14 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Melcor Developments Ltd. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jeffrey RobertsDesjardins Securities Inc.
Pammi BirRBC Capital Markets