Melcor Developments Ltd (TSE:MRD)
TSX:MRD
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MRD Stock Chart & Stats
C$15.40
C$0.04(0.31%)
At close: 4:00 PM EST
C$15.40
C$0.04(0.31%)
Day’s Range― - ―
52-Week RangeC$13.54 - C$19.34
Previous CloseN/A
Volume2.35K
Average Volume (3M)6.18K
Market Cap
C$556.58M
Enterprise ValueC$986.28M
Total Cash (Recent Filing)C$54.48M
Total Debt (Recent Filing)C$501.55M
Price to Earnings (P/E)7.3
Beta0.44
Next Earnings
Aug 11, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield3.14%
Share Statistics
EPS (TTM)2.52
Shares Outstanding30,036,833
10 Day Avg. Volume3,162
30 Day Avg. Volume6,179
Financial Highlights & Ratios
PEG Ratio0.11
Price to Book (P/B)0.36
Price to Sales (P/S)1.12
P/FCF Ratio5.01
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)C$295.00M
Bulls Say, Bears Say
Bulls Say
High Profitability And MarginsSustained high gross and operating margins provide structural cash generation and margin cushion across cycles. For a developer/operator, strong margins support reinvestment in land servicing, fund property upkeep, and sustain cash returns even when lot sales timing varies.
Improving Leverage And Large Equity BaseDeclining leverage and a substantial equity base reduce refinancing and solvency risk, enabling strategic land acquisitions and capital spending. Lower financial risk increases resilience to rate moves and gives management flexibility to time development activity.
Integrated Development Plus Recurring Income ModelA business mix of lot development and income properties creates diversified cash sources: development drives episodic gains while rental assets supply recurring NOI. This structural mix smooths earnings over time and supports steady cash flow for operations and distributions.
Bears Say
Free Cash Flow Decline And VariabilityA large recent drop in FCF and historically swinging operating cash flow indicate cash generation can be timing-dependent. For a capital-intensive developer, this raises the risk that funding for projects or distributions requires careful sequencing and may constrain strategic optionality.
Cyclicality And Earnings VolatilityRevenue and profit depend on lot absorption and property dispositions, which are sensitive to housing demand and interest rates. That structural cyclicality makes multi-quarter earnings less predictable and can amplify downside in softer markets, affecting capital planning.
Moderate Return On EquityA relatively low ROE versus the sizeable equity base suggests limited capital efficiency: with large assets and equity, generating high incremental returns is challenging. Sustained moderate ROE may temper long-term shareholder wealth creation absent higher margin or turnover.
Melcor Developments News
MRD FAQ
What was Melcor Developments Ltd’s price range in the past 12 months?
Melcor Developments Ltd lowest stock price was C$13.54 and its highest was C$19.34 in the past 12 months.
What is Melcor Developments Ltd’s market cap?
Melcor Developments Ltd’s market cap is C$556.58M.
When is Melcor Developments Ltd’s upcoming earnings report date?
Melcor Developments Ltd’s upcoming earnings report date is Aug 11, 2026 which is in 61 days.
How were Melcor Developments Ltd’s earnings last quarter?
Melcor Developments Ltd released its earnings results on May 07, 2026. The company reported C$0.77 earnings per share for the quarter, beating the consensus estimate of N/A by C$0.77.
Is Melcor Developments Ltd overvalued?
According to Wall Street analysts Melcor Developments Ltd’s price is currently Overvalued.
Does Melcor Developments Ltd pay dividends?
Melcor Developments Ltd pays a Quarterly dividend of C$0.15 which represents an annual dividend yield of 3.14%. See more information on Melcor Developments Ltd dividends here
What is Melcor Developments Ltd’s EPS estimate?
Melcor Developments Ltd’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Melcor Developments Ltd have?
Melcor Developments Ltd has 30,036,833 shares outstanding.
What happened to Melcor Developments Ltd’s price movement after its last earnings report?
Melcor Developments Ltd reported an EPS of C$0.77 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -0.404%.
Which hedge fund is a major shareholder of Melcor Developments Ltd?
Currently, no hedge funds are holding shares in TSE:MRD
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Melcor Developments Ltd
Melcor Developments Ltd. is a real estate development and management firm with operations spanning the United States and Canada. The company segments its business into Community Development, Property Development, REIT, Investment Property, and Recreational Property. Melcor's extensive activities encompass the creation, management, and ownership of diverse properties, including master-planned residential communities, business and industrial parks, office buildings, retail centers, and golf facilities. Its core operations involve acquiring land for development into residential, industrial, and commercial lots for sale, as well as constructing and leasing retail, office, and industrial properties. Furthermore, Melcor owns and leases a variety of commercial, retail, and residential assets, alongside parking lots and undeveloped land. A specific highlight of its recreational portfolio is the ownership and management of three 18-hole golf courses. Established in 1923, Melcor Developments Ltd. maintains its corporate headquarters in Edmonton, Canada.
Technical Analysis
Genesis Land Dev
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Killam Apartment REIT Un
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Wall Financial
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Minto Apartment Real Estate Investment Trust
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Options Prices
Currently, No data available
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