Melcor Developments Ltd. (TSX:MRD)
| Market Cap | 538.18M +40.1% |
| Revenue (ttm) | 405.17M +15.6% |
| Net Income | 76.18M +195.8% |
| EPS | 2.51 +202.2% |
| Shares Out | 30.02M |
| PE Ratio | 7.14 |
| Forward PE | n/a |
| Dividend | 0.60 (3.40%) |
| Ex-Dividend Date | Jun 15, 2026 |
| Volume | 4,610 |
| Open | 17.85 |
| Previous Close | 17.63 |
| Day's Range | 17.69 - 18.07 |
| 52-Week Range | 13.45 - 19.34 |
| Beta | 0.89 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Aug 10, 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]
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 StatementsNews
Melcor Developments announces first quarter results, declares quarterly dividend of $0.15 per share
EDMONTON, Alberta, May 07, 2026 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. ("Melcor") (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for th...
Melcor Developments Earnings release: Q1 2026
Melcor Developments released its Q1 2026 earnings on May 7, 2026, summarizing the period's financial results.
Melcor Developments Transcript: AGM 2026
Record financial results were achieved, highlighted by strong land sales and the strategic REIT acquisition. Dividends and share buybacks increased, while the company remains cautious on new development amid market uncertainties.
Melcor Developments Slides: FY 2026
Melcor Developments has posted slides in relation to its FY 2026 quarterly earnings report, which was published on April 23, 2026.
Melcor Developments Earnings release: Q4 2025
Melcor Developments released its Q4 2025 earnings on March 10, 2026, summarizing the period's financial results.
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...
Melcor Developments Earnings release: Q3 2025
Melcor Developments released its Q3 2025 earnings on November 5, 2025, summarizing the period's financial results.
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...
Melcor Developments Earnings release: Q2 2025
Melcor Developments released its Q2 2025 earnings on August 13, 2025, summarizing the period's financial results.
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...
Melcor Developments Transcript: AGM 2025
The meeting confirmed strong 2024 results with record revenue and funds from operations, driven by robust land sales and the successful REIT acquisition. All motions passed, and leadership outlined plans to reduce debt, optimize assets, and focus on land development for future growth.
Melcor Developments Slides: FY 2025
Melcor Developments has posted slides in relation to its FY 2025 quarterly earnings report, which was published on June 24, 2025.
Melcor Developments announces normal course issuer bid
Melcor Developments (MODVF) announced that the Toronto Stock Exchange has accepted its notice of intention to make a normal course issuer bid through the facilities of the TSX and on…
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...
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...
Melcor Developments Earnings release: Q1 2025
Melcor Developments released its Q1 2025 earnings on May 13, 2025, summarizing the period's financial results.
Melcor Developments, Melcor REIT announce closing of arrangement
Melcor Real Estate Investment Trust and Melcor Developments (MODVF) announce that, in accordance with the previously announced plan of arrangement pursuant to the Business Corporations Act, Melcor acq...
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...
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 ...
Melcor Developments Annual report: Q4 2024
Melcor Developments has published its Q4 2024 annual report on March 12, 2025.
Melcor Developments Earnings release: Q4 2024
Melcor Developments released its Q4 2024 earnings on March 12, 2025, summarizing the period's financial results.
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)...
Melcor Developments, Melcor REIT amend, restate arrangement agreement
Melcor Real Estate Investment Trust and Melcor Developments (MODVF) announce that they have entered into an Amended and Restated Arrangement Agreement with Melcor REIT GP, which provides for, among ot...
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...
Melcor REIT says Glass Lewis recommends unitholders vote for arrangement
Melcor Real Estate Investment Trust announced that Glass Lewis & Co. has recommended unitholders of the REIT vote FOR the previously announced plan of arrangement with Melcor Developments (MODVF), whe...