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Melcor Developments Ltd.TSX:MRD Stock Report

Market Cap CA$449.4m
Share Price
CA$14.94
My Fair Value
n/a
1Y15.2%
7D1.0%
Portfolio Value
View

Melcor Developments Ltd.

TSX:MRD Stock Report

Market Cap: CA$449.4m

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
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health4/6
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$14.94
52 Week HighCA$15.54
52 Week LowCA$11.30
Beta1.05
1 Month Change2.33%
3 Month Change-0.40%
1 Year Change15.19%
3 Year Change37.32%
5 Year Change86.98%
Change since IPO3,780.52%

Recent News & Updates

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

Aug 22
Some Investors May Be Willing To Look Past Melcor Developments' (TSE:MRD) Soft Earnings

Recent updates

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

Aug 22
Some Investors May Be Willing To Look Past Melcor Developments' (TSE:MRD) Soft Earnings

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

May 26
Melcor Developments (TSE:MRD) Is Due To Pay A Dividend Of CA$0.11

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

Mar 17
Melcor Developments' (TSE:MRD) Dividend Will Be CA$0.11

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

Jun 06
Melcor Developments (TSE:MRD) Has Announced A Dividend Of CA$0.11

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

Mar 20
We Think You Can Look Beyond Melcor Developments' (TSE:MRD) Lackluster Earnings

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

Jan 05
Melcor Developments (TSE:MRD) Takes On Some Risk With Its Use Of Debt

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

Aug 18
Melcor Developments' (TSE:MRD) Shareholders Will Receive A Bigger Dividend Than Last Year

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

May 11
Melcor Developments (TSE:MRD) Has A Somewhat Strained Balance Sheet

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

Mar 23
Melcor Developments (TSE:MRD) Will Pay A Larger Dividend Than Last Year At CA$0.14

What Does Melcor Developments Ltd.'s (TSE:MRD) Share Price Indicate?

Mar 05
What Does Melcor Developments Ltd.'s (TSE:MRD) Share Price Indicate?

Melcor Developments' (TSE:MRD) Upcoming Dividend Will Be Larger Than Last Year's

Nov 14
Melcor Developments' (TSE:MRD) Upcoming Dividend Will Be Larger Than Last Year's

Shareholder Returns

MRDCA Real EstateCA Market
7D1.0%-1.2%-0.7%
1Y15.2%-10.0%16.7%

Return vs Industry: MRD exceeded the Canadian Real Estate industry which returned -10% over the past year.

Return vs Market: MRD underperformed the Canadian Market which returned 16.8% over the past year.

Price Volatility

Is MRD's price volatile compared to industry and market?
MRD volatility
MRD Average Weekly Movement2.4%
Real Estate Industry Average Movement5.7%
Market Average Movement9.9%
10% most volatile stocks in CA Market19.5%
10% least volatile stocks in CA Market3.1%

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 (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1923135Tim Meltonwww.melcor.ca

Melcor Developments Ltd. operates as a real estate development company in the United States and Canada. It operates through Land, Properties, REIT, and Golf divisions. The company develops, owns, and manages mixed-use residential communities, business and 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$449.39m
Earnings (TTM)CA$58.75m
Revenue (TTM)CA$393.96m
7.6x
P/E Ratio
1.1x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MRD income statement (TTM)
RevenueCA$393.96m
Cost of RevenueCA$205.54m
Gross ProfitCA$188.42m
Other ExpensesCA$129.67m
EarningsCA$58.75m

Last Reported Earnings

Sep 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)1.95
Gross Margin47.83%
Net Profit Margin14.91%
Debt/Equity Ratio47.7%

How did MRD perform over the long term?

See historical performance and comparison

Dividends

3.1%
Current Dividend Yield
25%
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 DateDec 15 2025
Dividend Pay DateDec 31 2025
Days until Ex dividend22 days
Days until Dividend pay date38 days

Does MRD pay a reliable dividends?

See MRD dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/23 10:39
End of Day Share Price 2025/11/21 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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