Melcor Developments Ltd. (TSX:MRD)
Canada · Delayed Price · Currency is CAD | Market Cap | 554.79M +54.9% |
| Revenue (ttm) | 405.17M +17.5% |
| Net Income | 76.18M +73.0% |
| EPS | 2.51 +75.2% |
| Shares Out | 30.04M |
| PE Ratio | 7.36 |
| Forward PE | n/a |
| Dividend | 0.60 (3.25%) |
| Ex-Dividend Date | Mar 20, 2026 |
| Volume | 5,772 |
| Average Volume | 9,652 |
| Open | 18.76 |
| Previous Close | 18.55 |
| Day's Range | 18.25 - 18.76 |
| 52-Week Range | 12.14 - 19.34 |
| Beta | 0.89 |
| RSI | 50.54 |
| Earnings Date | Aug 7, 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 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 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 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 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 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, 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 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 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...
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...
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 ...
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)...
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...
Melcor Developments Transcript: AGM 2024
The meeting confirmed strong 2023 results, with revenue of CAD 350 million and FFO of CAD 84.5 million. All motions, including director elections and auditor appointment, passed. Strategic focus remains on debt reduction, optimizing assets, and selective development.
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...
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 ...
Melcor Developments price target lowered to C$3.75 from C$5.25 at CIBC
CIBC lowered the firm’s price target on Melcor Developments to C$3.75 from C$5.25 and keeps a Neutral rating on the shares.
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...