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Melcor Real Estate Investment Trust TSX:MR.UN Stock Report

Last Price

CA$2.80

Market Cap

CA$81.4m

7D

-1.4%

1Y

-40.4%

Updated

22 May, 2024

Data

Company Financials +

Melcor Real Estate Investment Trust

TSX:MR.UN Stock Report

Market Cap: CA$81.4m

Melcor Real Estate Investment Trust Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Melcor Real Estate Investment Trust
Historical stock prices
Current Share PriceCA$2.80
52 Week HighCA$5.05
52 Week LowCA$2.19
Beta2.09
1 Month Change-5.08%
3 Month Change-32.53%
1 Year Change-40.43%
3 Year Change-61.38%
5 Year Change-64.96%
Change since IPO-71.97%

Recent News & Updates

Recent updates

Does Melcor Real Estate Investment Trust (TSE:MR.UN) Deserve A Spot On Your Watchlist?

Apr 09
Does Melcor Real Estate Investment Trust (TSE:MR.UN) Deserve A Spot On Your Watchlist?

Reflecting on Melcor Real Estate Investment Trust's (TSE:MR.UN) Share Price Returns Over The Last Three Years

Mar 05
Reflecting on Melcor Real Estate Investment Trust's (TSE:MR.UN) Share Price Returns Over The Last Three Years

Shareholder Returns

MR.UNCA REITsCA Market
7D-1.4%-0.4%0.3%
1Y-40.4%-6.8%12.5%

Return vs Industry: MR.UN underperformed the Canadian REITs industry which returned -6.8% over the past year.

Return vs Market: MR.UN underperformed the Canadian Market which returned 11.8% over the past year.

Price Volatility

Is MR.UN's price volatile compared to industry and market?
MR.UN volatility
MR.UN Average Weekly Movement9.4%
REITs Industry Average Movement2.6%
Market Average Movement8.9%
10% most volatile stocks in CA Market17.9%
10% least volatile stocks in CA Market2.9%

Stable Share Price: MR.UN's share price has been volatile over the past 3 months.

Volatility Over Time: MR.UN's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1923n/aAndy Meltonwww.melcorreit.ca

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.

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 capCA$81.45m
Earnings (TTM)CA$23.01m
Revenue (TTM)CA$73.82m

1.6x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MR.UN income statement (TTM)
RevenueCA$73.82m
Cost of RevenueCA$31.23m
Gross ProfitCA$42.58m
Other ExpensesCA$19.58m
EarningsCA$23.01m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.77
Gross Margin57.69%
Net Profit Margin31.17%
Debt/Equity Ratio223.2%

How did MR.UN perform over the long term?

See historical performance and comparison
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