Last C$23.59 CAD
Change Today -0.25 / -1.05%
Volume 6.9K
MRD On Other Exchanges
Symbol
Exchange
OTC US
Toronto
As of 4:00 PM 11/21/14 All times are local (Market data is delayed by at least 15 minutes).

melcor developments ltd (MRD) Snapshot

Open
C$23.96
Previous Close
C$23.84
Day High
C$23.97
Day Low
C$23.59
52 Week High
07/14/14 - C$27.60
52 Week Low
11/27/13 - C$19.05
Market Cap
779.8M
Average Volume 10 Days
8.6K
EPS TTM
C$3.24
Shares Outstanding
33.1M
EX-Date
12/11/14
P/E TM
7.3x
Dividend
C$0.60
Dividend Yield
2.25%
Current Stock Chart for MELCOR DEVELOPMENTS LTD (MRD)

Related News

No related news articles were found.

melcor developments ltd (MRD) Related Businessweek News

No Related Businessweek News Found

melcor developments ltd (MRD) Details

Melcor Developments Ltd. operates as a diversified real estate development and management company in Canada and the United States. The company operates in Community Development, Property Development, Investment Properties, REIT, and Recreation Properties divisions. The Community Development division acquires raw land and develops, constructs, markets, and sells lots to home builders for residential communities or developers for commercial/industrial centres. It also develops mixed-use residential communities. The Property Development division develops, manages, constructs, and markets retail, office, and industrial properties. The Investment Properties division manages and leases the commercial developments; and owns 8 leasable commercial and retail buildings, and parking lots, as well as leases land. The REIT division owns 29 leasable commercial and retail buildings, and parking lots; and leases land. The Recreation Properties division owns and manages 4 18-hole championship golf courses. The company was founded in 1923 and is headquartered in Edmonton, Canada.

Founded in 1923

melcor developments ltd (MRD) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: C$1.9M
Executive Chairman
Total Annual Compensation: C$1.7M
Chief Financial Officer and Corporate Secreta...
Total Annual Compensation: C$708.0K
Executive Vice President of Investment Proper...
Total Annual Compensation: C$991.0K
Executive Vice-Chairman
Total Annual Compensation: C$974.5K
Compensation as of Fiscal Year 2013.

melcor developments ltd (MRD) Key Developments

Melcor Seeks Acquisitions

Melcor Developments Ltd. (TSX:MRD) is seeking acquisitions. Brian Baker, Chief Executive Officer of Melcor said, “We continue to grow our asset base, organically, via raw land acquisition and newly completed commercial projects, and through third party acquisitions.”

Melcor Developments Ltd. Declares Semi-Annual Dividend, Payable on December 31, 2014

The board of Melcor Developments Ltd. declared a semi-annual dividend of $0.30 per share, payable on December 31, 2014 to shareholders of record on December 15, 2014.

Melcor Developments Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2014 and Sales Results for the Third Quarter Ended September 30, 2014

Melcor Developments Ltd. reported earnings results for the nine months ended September 30, 2014 and sales results for the third quarter ended September 30, 2014. For the nine months, the company's revenue grew 26% to $191.56 million year-to-date compared to $151.55 million in 2013. Net income grew 13% to $50.64 million or $1.62 basic per share year-to-date compared to $44.71 million and $1.47 basic per share in the same period of 2013. Funds from operations (FFO) per share were up 77% to $1.54 year-to-date compared to $0.87 in 2013. For the quarter, the company's revenue grew 58% compared to third quarter of 2013.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
MRD:CN C$23.59 CAD -0.25

MRD Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for MRD.
View Industry Companies
 

Industry Analysis

MRD

Industry Average

Valuation MRD Industry Range
Price/Earnings 7.4x
Price/Sales 2.2x
Price/Book 0.9x
Price/Cash Flow 7.4x
TEV/Sales 0.5x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact MELCOR DEVELOPMENTS LTD, please visit www.melcor.ca. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.