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Melcor Developments TSX:MRD Stock Report

Last Price

CA$13.25

Market Cap

CA$403.0m

7D

1.3%

1Y

16.1%

Updated

15 Nov, 2024

Data

Company Financials

Melcor Developments Ltd.

TSX:MRD Stock Report

Market Cap: CA$403.0m

Melcor Developments Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Melcor Developments
Historical stock prices
Current Share PriceCA$13.25
52 Week HighCA$13.39
52 Week LowCA$11.00
Beta1.41
11 Month Change0.84%
3 Month Change5.16%
1 Year Change16.13%
33 Year Change-8.30%
5 Year Change8.34%
Change since IPO3,341.56%

Recent News & Updates

Recent updates

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

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

Sep 09
Melcor Developments' (TSE:MRD) Shareholders Will Receive A Bigger Dividend Than Last Year

Here's Why It's Unlikely That Melcor Developments Ltd.'s (TSE:MRD) CEO Will See A Pay Rise This Year

May 14
Here's Why It's Unlikely That Melcor Developments Ltd.'s (TSE:MRD) CEO Will See A Pay Rise This Year

These 4 Measures Indicate That Melcor Developments (TSE:MRD) Is Using Debt Extensively

May 05
These 4 Measures Indicate That Melcor Developments (TSE:MRD) Is Using Debt Extensively

What To Know Before Buying Melcor Developments Ltd. (TSE:MRD) For Its Dividend

Mar 16
What To Know Before Buying Melcor Developments Ltd. (TSE:MRD) For Its Dividend

Who Has Been Buying Melcor Developments Ltd. (TSE:MRD) Shares?

Feb 26
Who Has Been Buying Melcor Developments Ltd. (TSE:MRD) Shares?

We Think Melcor Developments' (TSE:MRD) Statutory Profit Might Understate Its Earnings Potential

Feb 08
We Think Melcor Developments' (TSE:MRD) Statutory Profit Might Understate Its Earnings Potential

Is Melcor Developments (TSE:MRD) Using Too Much Debt?

Jan 07
Is Melcor Developments (TSE:MRD) Using Too Much Debt?

Could The Melcor Developments Ltd. (TSE:MRD) Ownership Structure Tell Us Something Useful?

Dec 23
Could The Melcor Developments Ltd. (TSE:MRD) Ownership Structure Tell Us Something Useful?

Melcor Developments Ltd. (TSE:MRD) Goes Ex-Dividend Soon

Dec 10
Melcor Developments Ltd. (TSE:MRD) Goes Ex-Dividend Soon

Shareholder Returns

MRDCA Real EstateCA Market
7D1.3%-2.1%-0.6%
1Y16.1%31.3%20.4%

Return vs Industry: MRD underperformed the Canadian Real Estate industry which returned 32% over the past year.

Return vs Market: MRD underperformed the Canadian Market which returned 21.9% over the past year.

Price Volatility

Is MRD's price volatile compared to industry and market?
MRD volatility
MRD Average Weekly Movement2.1%
Real Estate Industry Average Movement5.1%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.5%
10% least volatile stocks in CA Market2.9%

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

About the Company

FoundedEmployeesCEOWebsite
1923124Tim 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, REIT, and Golf divisions. It develops, owns, and manages mixed-use residential communities, business and industrial parks, office buildings, retail 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$403.04m
Earnings (TTM)CA$11.46m
Revenue (TTM)CA$304.10m

35.2x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MRD income statement (TTM)
RevenueCA$304.10m
Cost of RevenueCA$167.18m
Gross ProfitCA$136.91m
Other ExpensesCA$125.46m
EarningsCA$11.46m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.38
Gross Margin45.02%
Net Profit Margin3.77%
Debt/Equity Ratio50.7%

How did MRD perform over the long term?

See historical performance and comparison

Dividends

3.3%

Current Dividend Yield

125%

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 13 2024
Dividend Pay DateDec 31 2024
Days until Ex dividend26 days
Days until Dividend pay date44 days

Does MRD pay a reliable dividends?

See MRD dividend history and benchmarks