Melcor Developments Ltd. (TSX:MRD)

Canada flag Canada · Delayed Price · Currency is CAD
17.71
-0.28 (-1.56%)
At close: Mar 20, 2026
Market Cap532.60M +38.4%
Revenue (ttm)410.55M +17.5%
Net Income58.02M +73.0%
EPS1.91 +75.2%
Shares Out30.07M
PE Ratio9.27
Forward PEn/a
Dividend0.60 (3.39%)
Ex-Dividend DateMar 20, 2026
Volume11,030
Average Volume9,901
Open18.20
Previous Close17.99
Day's Range17.67 - 18.20
52-Week Range11.30 - 18.64
Beta0.98
RSI54.79
Earnings DateMar 13, 2026

About Melcor Developments

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

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

Financial Performance

In 2025, Melcor Developments's revenue was 410.55 million, an increase of 17.47% compared to the previous year's 349.50 million. Earnings were 58.02 million, an increase of 73.05%.

Financial Statements

News

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

EDMONTON, Alberta, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. ("Melcor") (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for t...

4 months ago - GlobeNewsWire

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...

7 months 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...

9 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...

10 months ago - GlobeNewsWire

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...

11 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...

11 months ago - GlobeNewsWire

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 ...

1 year 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)...

1 year 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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year 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 ...

1 year ago - GlobeNewsWire

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 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

Press Release Correction: Melcor Developments

EDMONTON, Alberta, March 19, 2024 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. (TSX: MRD), announced today a correction to its press release entitled "Melcor Developments announces results for 2023, d...

2 years ago - GlobeNewsWire

Melcor Developments announces results for 2023, declares $0.11 per share dividend

EDMONTON, Alberta, March 13, 2024 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the fourth ...

2 years ago - GlobeNewsWire

Melcor Developments announces third quarter results, declares quarterly dividend of $0.16 per share

EDMONTON, Alberta, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the third qu...

2 years ago - GlobeNewsWire

Melcor Developments announces second quarter results, declares quarterly dividend of $0.16 per share

EDMONTON, Alberta, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the second q...

2 years ago - GlobeNewsWire

Melcor Developments announces first quarter results, declares quarterly dividend of $0.16 per share

EDMONTON, Alberta, May 10, 2023 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the quarter e...

3 years ago - GlobeNewsWire

Melcor Developments announces results for 2022, declares $0.16 per share dividend and appoints Naomi Stefura as COO

EDMONTON, Alberta, March 16, 2023 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. (TSX: MRD), a real estate development and asset management company with operations across western Canada and in the Unite...

3 years ago - GlobeNewsWire

Melcor Developments announces third quarter results, declares quarterly dividend of $0.15 per share

EDMONTON, Alberta, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the third qu...

3 years ago - GlobeNewsWire

Melcor Developments announces second quarter results, declares quarterly dividend of $0.15 per share

EDMONTON, Alberta, Aug. 11, 2022 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the second q...

3 years ago - GlobeNewsWire

Melcor REIT announces execution of Amended and Restated Asset Management and Property Management Agreements with Melcor Developments Ltd.

EDMONTON, Alberta, May 26, 2022 (GLOBE NEWSWIRE) -- NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES.

4 years ago - GlobeNewsWire

RBC Capital Trims Melcor Developments Price Target By 5%

Melcor Developments Ltd. (TSX: MRD) (OTC: MODVF) price target has been lowered to C$18 from C$19 by RBC Capital analyst Tom Callaghan.

4 years ago - Benzinga

Melcor Developments Announces Results for 2021 and a Dividend of $0.14 per Share

EDMONTON, Alberta, March 16, 2022 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. (TSX: MRD), a real estate development and asset management company with operations across western Canada and in the Unite...

4 years ago - GlobeNewsWire