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Melcor Developments TSX:MRD Stock Report

Last Price

CA$11.49

Market Cap

CA$348.3m

7D

1.6%

1Y

-2.9%

Updated

28 Mar, 2024

Data

Company Financials +

Melcor Developments Ltd.

TSX:MRD Stock Report

Market Cap: CA$348.3m

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$11.49
52 Week HighCA$12.32
52 Week LowCA$10.65
Beta1.41
1 Month Change-1.46%
3 Month Change2.04%
1 Year Change-2.87%
3 Year Change-3.77%
5 Year Change-12.95%
Change since IPO2,884.42%

Recent News & Updates

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

Recent updates

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

How Much Is Melcor Developments Ltd. (TSE:MRD) CEO Getting Paid?

Dec 07
How Much Is Melcor Developments Ltd. (TSE:MRD) CEO Getting Paid?

Trade Alert: The Chairman Of Melcor Developments Ltd. (TSE:MRD), Timothy Melton, Has Just Spent CA$348k Buying 2.5% More Shares

Nov 22
Trade Alert: The Chairman Of Melcor Developments Ltd. (TSE:MRD), Timothy Melton, Has Just Spent CA$348k Buying 2.5% More Shares

Shareholder Returns

MRDCA Real EstateCA Market
7D1.6%-0.2%0.4%
1Y-2.9%16.6%9.0%

Return vs Industry: MRD underperformed the Canadian Real Estate industry which returned 16.6% over the past year.

Return vs Market: MRD underperformed the Canadian Market which returned 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 Movement5.8%
Market Average Movement8.5%
10% most volatile stocks in CA Market18.4%
10% least volatile stocks in CA Market3.1%

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

Volatility Over Time: MRD's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1923124Tim Meltonhttps://www.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$348.33m
Earnings (TTM)CA$62.98m
Revenue (TTM)CA$315.24m

5.6x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MRD income statement (TTM)
RevenueCA$315.24m
Cost of RevenueCA$172.89m
Gross ProfitCA$142.35m
Other ExpensesCA$79.37m
EarningsCA$62.98m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)2.05
Gross Margin45.16%
Net Profit Margin19.98%
Debt/Equity Ratio53.0%

How did MRD perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

31%

Payout Ratio
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