Melcor Developments Ltd. (TSX:MRD)

Canada flag Canada · Delayed Price · Currency is CAD
17.93
+0.30 (1.70%)
May 29, 2026, 4:00 PM EST
Market Cap538.18M +40.1%
Revenue (ttm)405.17M +15.6%
Net Income76.18M +195.8%
EPS2.51 +202.2%
Shares Out 30.02M
PE Ratio7.14
Forward PEn/a
Dividend0.60 (3.40%)
Ex-Dividend DateJun 15, 2026
Volume4,610
Open17.85
Previous Close17.63
Day's Range17.69 - 18.07
52-Week Range13.45 - 19.34
Beta0.89
Analystsn/a
Price Targetn/a
Earnings DateAug 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]

Founded 1923
Employees 140
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 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...

22 days ago - GlobeNewsWire

Melcor Developments Earnings release: Q1 2026

Melcor Developments released its Q1 2026 earnings on May 7, 2026, summarizing the period's financial results.

22 days ago - Filings

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.

5 weeks ago - Transcripts

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.

5 weeks ago - Filings

Melcor Developments Earnings release: Q4 2025

Melcor Developments released its Q4 2025 earnings on March 10, 2026, summarizing the period's financial results.

2 months ago - Filings

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...

7 months ago - GlobeNewsWire

Melcor Developments Earnings release: Q3 2025

Melcor Developments released its Q3 2025 earnings on November 5, 2025, summarizing the period's financial results.

7 months ago - Filings

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 months ago - GlobeNewsWire

Melcor Developments Earnings release: Q2 2025

Melcor Developments released its Q2 2025 earnings on August 13, 2025, summarizing the period's financial results.

10 months ago - Filings

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...

1 year ago - GlobeNewsWire

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.

1 year ago - Transcripts

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.

1 year ago - Filings

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…

1 year ago - TheFly

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...

1 year 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...

1 year ago - GlobeNewsWire

Melcor Developments Earnings release: Q1 2025

Melcor Developments released its Q1 2025 earnings on May 13, 2025, summarizing the period's financial results.

1 year ago - Filings

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...

1 year ago - TheFly

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...

1 year 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 Developments Annual report: Q4 2024

Melcor Developments has published its Q4 2024 annual report on March 12, 2025.

1 year ago - Filings

Melcor Developments Earnings release: Q4 2024

Melcor Developments released its Q4 2024 earnings on March 12, 2025, summarizing the period's financial results.

1 year ago - Filings

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 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...

1 year ago - TheFly

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 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...

1 year ago - TheFly