Melcor Developments Ltd. (TSX:MRD)

Canada flag Canada · Delayed Price · Currency is CAD
15.00
-0.09 (-0.60%)
Aug 25, 2025, 1:50 PM EDT
-0.60%
Market Cap455.13M
Revenue (ttm)380.93M
Net Income (ttm)9.67M
Shares Out30.16M
EPS (ttm)0.31
PE Ratio48.35
Forward PEn/a
Dividend0.46 (3.05%)
Ex-Dividend DateSep 15, 2025
Volume2,100
Average Volume4,899
Open15.09
Previous Close15.09
Day's Range15.00 - 15.10
52-Week Range11.30 - 15.10
Beta1.34
RSI65.41
Earnings DateAug 7, 2025

About Melcor Developments

Melcor Developments Ltd. operates as a real estate development company in the United States and Canada. It operates through Land, Properties, REIT, and Golf divisions. The company develops, owns, and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses. It also purchases and develops land to be sold as residential, industrial, and commercial lots; develops and leases retail, office, and industrial properties; and owns and leases commercial, retail, and residentia... [Read more]

Founded 1923
Employees 135
Stock Exchange Toronto Stock Exchange
Ticker Symbol MRD
Full Company Profile

Financial Performance

In 2024, Melcor Developments's revenue was 349.50 million, an increase of 10.87% compared to the previous year's 315.24 million. Earnings were 33.53 million, a decrease of -46.76%.

Financial Statements

News

Melcor Developments reports Q2 results

10 days ago - Seeking Alpha

Melcor Developments announces second quarter results, declares quarterly dividend of $0.13 per share

EDMONTON, Alberta, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. ("Melcor") (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for t...

10 days ago - GlobeNewsWire

Melcor announces election of directors

EDMONTON, Alberta, June 24, 2025 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, announced the results of its annual gen...

2 months ago - GlobeNewsWire

Melcor Developments Ltd. Announces Normal Course Issuer Bid

EDMONTON, Alberta, June 06, 2025 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. (TSX:MRD), an Alberta-based real estate development and asset management company, announced today that the Toronto Stock E...

2 months ago - GlobeNewsWire

Melcor Developments declares $0.11 dividend

3 months ago - Seeking Alpha

Melcor Developments announces first quarter results, declares quarterly dividend of $0.11 per share

EDMONTON, Alberta, May 13, 2025 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. ("Melcor") (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for th...

3 months ago - GlobeNewsWire

Melcor REIT and Melcor Developments Announce Closing of Arrangement

EDMONTON, Alberta, April 23, 2025 (GLOBE NEWSWIRE) -- Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) (TSX: MR.UN) and Melcor Developments Ltd. (“Melcor” or the “Purchaser”) (TSX: MR...

4 months ago - GlobeNewsWire

Melcor Developments reports FY results

Melcor Developments reports FY revenue up 10.9% to $349.5M & FFO up 11.1% to $93.81M, despite EPS falling 46.1% to $1.10.

5 months ago - Seeking Alpha

Melcor Developments announces results for 2024, declares $0.11 per share dividend

EDMONTON, Alberta, March 13, 2025 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the fourth ...

5 months ago - GlobeNewsWire

Melcor REIT and Melcor Developments Announce Support of Arrangement by Telsec and Firm Capital

EDMONTON, Alberta, March 05, 2025 (GLOBE NEWSWIRE) -- Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) (TSX: MR.UN) and Melcor Developments Ltd. (“Melcor” or the “Company”) (TSX: MRD)...

6 months ago - GlobeNewsWire

Melcor REIT and Melcor Developments Announce Amended and Restated Arrangement Agreement and Cancellation of Unitholder Meeting

EDMONTON, Alberta, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) (TSX: MR.UN) and Melcor Developments Ltd. (“Melcor” or the “Purchaser”) (TSX: MRD...

9 months ago - GlobeNewsWire

Melcor REIT and Melcor Developments Announce Amended and Restated Arrangement Agreement and Cancellation of Unitholder Meeting

EDMONTON, Alberta, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) (TSX: MR.UN) and Melcor Developments Ltd. (“Melcor” or the “Purchaser”) (TSX: MRD...

9 months ago - GlobeNewsWire

Melcor Developments declares $0.11 dividend

10 months ago - Seeking Alpha

Melcor Developments announces third quarter results, declares quarterly dividend of $0.11 per share

EDMONTON, Alberta, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. ("Melcor") (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for t...

10 months ago - GlobeNewsWire

Melcor Developments reports Q3 results

Analysis of Melcor Developments Q3 results: ACFO down 31.6%, revenue down 4.5%, NOI down 2.5%, FFO down 26.0%, fair value losses recorded.

10 months ago - Seeking Alpha

Melcor REIT announces third quarter 2024 results

EDMONTON, Alberta, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Melcor Real Estate Investment Trust ("Melcor REIT" or the "REIT") (TSX: MR.UN) today announced results for the third quarter ended September 30, 20...

10 months ago - GlobeNewsWire

Melcor Developments Ltd. Acknowledges the Expiration of the Melcor REIT “Go-Shop” Period

EDMONTON, Alberta, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. ("Melcor") (TSX: MRD) acknowledges the expiration of the 30-day “go-shop” period which was provided for in the previously ...

11 months ago - GlobeNewsWire

Telsec Property Corporation Rejects the "Take Under" offer for the Melcor REIT by Melcor Developments Limited and urges all Unit Holders to vote NO. Unit Price Tender Offer is far below the Net Asset Value

CALGARY, AB , Oct. 15, 2024 /CNW/ - Telsec Property Corporation (" Telsec "), through affiliated entities, is an owner of approximately 2,830,000 million Trust Units of Melcor Real Estate Investment T...

11 months ago - Benzinga

Melcor Developments to buy Melcor Real Estate Investment Trust for $4.95 per unit

Melcor Developments Ltd. (MRD:CA) and Melcor Real Estate Investment Trust (MR.UN:CA) today announced that they have entered into an arrangement agreement (the “

1 year ago - Seeking Alpha

Melcor Developments Ltd. to Acquire Melcor Real Estate Investment Trust for $4.95 per Trust Unit

EDMONTON, Alberta, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. (“Melcor” or the “Company”) (TSX: MRD) and Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) (TSX: MR.UN)...

1 year ago - GlobeNewsWire

Melcor Developments reports Q2 results

Melcor Developments reported strong financial results in Q2, with revenue and net income showing growth.

1 year ago - Seeking Alpha

Melcor Developments announces second quarter results, declares quarterly dividend of $0.11 per share

EDMONTON, Alberta, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. ("Melcor") (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for t...

1 year ago - GlobeNewsWire