MR.UN Stock Overview Melcor REIT is an unincorporated, open-ended real estate investment trust. More details
Rewards Risk Analysis See All Risk Checks Capture your thoughts, links and company narrative
Melcor Real Estate Investment Trust Competitors Price History & Performance
Summary of share price highs, lows and changes for Melcor Real Estate Investment Trust Historical stock prices Current Share Price CA$5.13 52 Week High CA$5.40 52 Week Low CA$2.19 Beta 2.18 1 Month Change 5.77% 3 Month Change 5.99% 1 Year Change 23.02% 3 Year Change -24.45% 5 Year Change -36.90% Change since IPO -48.65%
Recent News & Updates
Third quarter 2024 earnings released: CA$3.46 loss per share (vs CA$0.55 profit in 3Q 2023) Nov 06 FC Private Equity Realty Management Corp., Telsec Property Corporation submitted a bid to acquire Melcor Real Estate Investment Trust (TSX:MR.UN). Oct 30
New minor risk - Market cap size Oct 21
Investor sentiment improves as stock rises 38% Sep 16
Second quarter 2024 earnings released: EPS: CA$0.81 (vs CA$0.56 in 2Q 2023) Aug 01 Melcor Real Estate Investment Trust to Report Q3, 2024 Results on Nov 04, 2024 See more updates
Third quarter 2024 earnings released: CA$3.46 loss per share (vs CA$0.55 profit in 3Q 2023) Nov 06 FC Private Equity Realty Management Corp., Telsec Property Corporation submitted a bid to acquire Melcor Real Estate Investment Trust (TSX:MR.UN). Oct 30
New minor risk - Market cap size Oct 21
Investor sentiment improves as stock rises 38% Sep 16
Second quarter 2024 earnings released: EPS: CA$0.81 (vs CA$0.56 in 2Q 2023) Aug 01 Melcor Real Estate Investment Trust to Report Q3, 2024 Results on Nov 04, 2024
First quarter 2024 earnings released: EPS: CA$0.80 (vs CA$0.28 in 1Q 2023) May 09 Melcor Real Estate Investment Trust to Report Q1, 2024 Results on May 08, 2024
Melcor Real Estate Investment Trust, Annual General Meeting, Jun 25, 2024 Apr 13
Investor sentiment improves as stock rises 15% Mar 19
Less than half of directors are independent Mar 07
Investor sentiment deteriorates as stock falls 21% Feb 23
Melcor Real Estate Investment Trust to Report Q4, 2023 Results on Mar 05, 2024 Feb 23
Melcor Real Estate Investment Trust Announces Board Resignations, Effective March 5, 2024 Feb 07
Now 20% undervalued Feb 01
Upcoming dividend of CA$0.04 per share at 9.9% yield Jan 23
Melcor Real Estate Investment Trust Announces January Distribution, Payable on February 15, 2024 Jan 16
Now 20% undervalued Jan 10
Melcor Real Estate Investment Trust Declares Cash Distribution for the Month of December 2023, Payable on January 15, 2024 Dec 16
Melcor Real Estate Investment Trust Announces Cash Distribution for the Month of November 2023, Payable on December 15, 2023 Nov 17
Price target decreased by 8.7% to CA$5.25 Nov 05
Third quarter 2023 earnings released: EPS: CA$0.55 (vs CA$1.48 in 3Q 2022) Nov 03
Upcoming dividend of CA$0.04 per share at 12% yield Oct 23
Now 23% undervalued after recent price drop Sep 15
Now 21% undervalued Aug 24
Upcoming dividend of CA$0.04 per share at 9.8% yield Aug 23
Now 20% undervalued Aug 09
New minor risk - Earnings quality Aug 01
Second quarter 2023 earnings released: EPS: CA$0.56 (vs CA$1.39 in 2Q 2022) Jul 31
Upcoming dividend of CA$0.04 per share at 9.9% yield Jul 21
New minor risk - Market cap size Jul 10
Upcoming dividend of CA$0.04 per share at 10.0% yield Jun 22
Upcoming dividend of CA$0.04 per share at 10% yield May 23
First quarter 2023 earnings released: EPS: CA$0.28 (vs CA$0.50 loss in 1Q 2022) May 04
Upcoming dividend of CA$0.04 per share at 8.9% yield Mar 23
Full year 2022 earnings released: EPS: CA$2.28 (vs CA$1.25 loss in FY 2021) Mar 09
Upcoming dividend of CA$0.04 per share at 8.2% yield Feb 20 An unknown buyer acquired Kelowna Business Centre in Kelowna, BC from Melcor Real Estate Investment Trust (TSX:MR.UN) for CAD 19.5 million. Feb 03
Upcoming dividend of CA$0.04 per share Jan 23
Melcor Real Estate Investment Trust Declares Cash Distributions for the Months of January, February & March 2023, Payable on February 15, 2023, March 15, 2023 and April 14, 2023 Respectively Jan 17 Melcor Real Estate Investment Trust, Annual General Meeting, Apr 26, 2023
Upcoming dividend of CA$0.04 per share Dec 22
Price target decreased to CA$5.92 Dec 21
Melcor Real Estate Investment Trust Announces the Appointment of Naomi Stefura to the Board of Trustees Dec 09
Upcoming dividend of CA$0.04 per share Nov 22
Third quarter 2022 earnings released: EPS: CA$1.48 (vs CA$0.58 in 3Q 2021) Nov 05
Melcor REIT Announces November and December Distribution, Payable on December 15, 2022 and January 16, 2023 Nov 04
Upcoming dividend of CA$0.04 per share Oct 21
Now 21% undervalued after recent price drop Sep 29
Upcoming dividend of CA$0.04 per share Sep 21
Upcoming dividend of CA$0.04 per share Aug 23
Melcor Real Estate Investment Trust Announces August, September and October 2022 Distributions, Payable on September 15, 2022, October 14, 2022 and November 15, 2022 Respectively Aug 17
Second quarter 2022 earnings released: EPS: CA$1.39 (vs CA$0.36 loss in 2Q 2021) Jul 27
Upcoming dividend of CA$0.04 per share Jul 21
Melcor Real Estate Investment Trust Announces July 2022 Distribution, Payable on August 15, 2022 Jul 16
Upcoming dividend of CA$0.04 per share Jun 22
Melcor Real Estate Investment Trust Declares Cash Distribution for the Month of June 2022, Payable on July 15, 2022 Jun 16 Melcor Real Estate Investment Trust to Report Q3, 2022 Results on Nov 03, 2022
Upcoming dividend of CA$0.04 per share May 23
Melcor Real Estate Investment Trust Declares Cash Distribution for the Month of May 2022, Payable on June 15, 2022 May 08
First quarter 2022 earnings released: CA$0.50 loss per share (vs CA$1.87 loss in 1Q 2021) May 06
Upcoming dividend of CA$0.04 per share Apr 21
Melcor Real Estate Investment Trust Declares Cash Distribution for the Month of April 2022, Payable on May 16, 2022 Apr 16
Melcor Real Estate Investment Trust to Report Q1, 2022 Results on May 05, 2022 Apr 15
Now 21% undervalued Mar 24
Upcoming dividend of CA$0.04 per share Mar 23 Melcor Real Estate Investment Trust, Annual General Meeting, May 19, 2022
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Mar 05 Melcor Real Estate Investment Trust Declares Cash Distributions for the Month of February 2022, Payable on March 15, 2022
Upcoming dividend of CA$0.04 per share Dec 23
Board Member recently bought CA$67k worth of stock Dec 21
Insider recently bought CA$51k worth of stock Dec 08
Upcoming dividend of CA$0.04 per share Nov 22
Third quarter 2021 earnings released: FFO CA$0.51 per share (vs CA$0.41 in 3Q 2020) Nov 05
Upcoming dividend of CA$0.04 per share Oct 21
Upcoming dividend of CA$0.04 per share Sep 21
Upcoming dividend of CA$0.04 per share Aug 23
Second quarter 2021 earnings released: CA$0.36 loss per share (vs CA$4.64 loss in 2Q 2020) Jul 28
Upcoming dividend of CA$0.035 per share Jun 22
Insider recently sold CA$68k worth of stock May 29
Upcoming dividend of CA$0.035 per share May 21
Price target increased to CA$6.33 May 13
Upcoming dividend of CA$0.035 per share Apr 23
Does Melcor Real Estate Investment Trust (TSE:MR.UN) Deserve A Spot On Your Watchlist? Apr 09
Upcoming Dividend of CA$0.035 Per Share Mar 23
Investor sentiment improved over the past week Mar 12 Shareholder Returns MR.UN CA REITs CA Market 7D -0.2% -2.6% -2.6% 1Y 23.0% 0.7% 15.2%
See full shareholder returns
Return vs Market: MR.UN exceeded the Canadian Market which returned 15.2% over the past year.
Price Volatility Is MR.UN's price volatile compared to industry and market? MR.UN volatility MR.UN Average Weekly Movement 2.9% REITs Industry Average Movement 2.7% Market Average Movement 8.1% 10% most volatile stocks in CA Market 17.3% 10% least volatile stocks in CA Market 2.9%
Stable Share Price: MR.UN has not had significant price volatility in the past 3 months compared to the Canadian market.
Volatility Over Time: MR.UN's weekly volatility has decreased from 8% to 3% over the past year.
About the Company Melcor REIT is an unincorporated, open-ended real estate investment trust. Melcor REIT owns, acquires, manages and leases quality retail, office and industrial income-generating properties with exposure to high growth western Canadian markets. As at December 31, 2023 its portfolio was made up of interests in 38 properties representing approximately 3.15 million square feet of gross leasable area located across Alberta and in Regina, Saskatchewan; and Kelowna, British Columbia.
Show more Melcor Real Estate Investment Trust Fundamentals Summary How do Melcor Real Estate Investment Trust's earnings and revenue compare to its market cap? MR.UN fundamental statistics Market cap CA$149.22m Earnings (TTM ) -CA$25.55m Revenue (TTM ) CA$72.72m
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) MR.UN income statement (TTM ) Revenue CA$72.72m Cost of Revenue CA$31.17m Gross Profit CA$41.55m Other Expenses CA$67.09m Earnings -CA$25.55m
Last Reported Earnings
Sep 30, 2024
Earnings per share (EPS) -1.97 Gross Margin 57.13% Net Profit Margin -35.13% Debt/Equity Ratio 275.5%
How did MR.UN perform over the long term?
See historical performance and comparison
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2024/12/22 01:51 End of Day Share Price 2024/12/20 00:00 Earnings 2024/09/30 Annual Earnings 2023/12/31
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.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* 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 here .
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 .
Analyst Sources Melcor Real Estate Investment Trust is covered by 7 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.
Analyst Institution Jenny Ma BMO Capital Markets Equity Research Jenny Ma Canaccord Genuity Dean Wilkinson CIBC Capital Markets
Show 4 more analysts 
