Melcor Developments Ltd. (MRD : TSX)
Common Stock
$19.08
CAD
+0.24 (1.27%)
Last updated: 2026-07-15
MRD
Melcor Developments Ltd.
WealthAwesomePerformance
1 Day
+1.27%
1 Week
+2.03%
1 Month
+3.81%
YTD
+24.71%
Key Statistics
Market Cap
$564.94M
52W High
$19.18
52W Low
$12.86
P/E Ratio
7.51
50 Day MA
$18.24
200 Day MA
$16.72
Beta
0.88
Dividend Yield
2.76%
Technical Indicators
Price vs 50-Day SMA
Price vs 200-Day SMA
Recent Price History
| Date | Open | High | Low | Close | Adj Close | Volume |
|---|---|---|---|---|---|---|
| 7/15/2026 | $18.84 | $19.08 | $18.84 | $19.08 | $19.08 | 1,067 |
| 7/14/2026 | $18.99 | $19.09 | $18.84 | $18.84 | $18.84 | 9,138 |
| 7/13/2026 | $18.90 | $19.00 | $18.79 | $18.84 | $18.84 | 3,631 |
| 7/10/2026 | $18.69 | $18.85 | $18.63 | $18.63 | $18.63 | 1,830 |
| 7/9/2026 | $18.78 | $19.03 | $18.41 | $18.42 | $18.42 | 11,031 |
| 7/8/2026 | $18.70 | $18.87 | $18.70 | $18.70 | $18.70 | 13,602 |
| 7/7/2026 | $18.66 | $18.70 | $18.61 | $18.61 | $18.61 | 4,454 |
| 7/6/2026 | $18.47 | $18.58 | $18.41 | $18.52 | $18.52 | 4,312 |
| 7/3/2026 | $18.55 | $18.70 | $18.51 | $18.51 | $18.51 | 4,569 |
| 7/2/2026 | $18.42 | $18.59 | $18.40 | $18.59 | $18.59 | 7,028 |
Analyst Price Targets
Based on analyst covering MRD
Wall Street analysts forecast MRD stock price to fall 26.6% over the next 12 months.
Consensus
BearishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$14.00
-26.6% Upside
Current Price
C$19.08
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on MRD's historical volatility
30-Day Vol
15.1%
Annualized
90-Day Vol
18.7%
Annualized
Trend (90d)
+10.9%
Annualized drift
90d Mean
C$19.84
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$19.33 | C$18.35 – C$20.36 |
| 60 trading days | C$19.58 | C$18.19 – C$21.08 |
| 90 trading days | C$19.84 | C$18.13 – C$21.71 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
About Melcor Developments Ltd.
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 residential properties, as well as parking lots and land. In addition, the company owns and manages 18-hole golf courses. The company was founded in 1923 and is based in Edmonton, Canada. Melcor Developments Ltd. operates as a subsidiary of Melton Holdings Ltd.
Financials
- Revenue (TTM)
- $405.17M
- EBITDA
- $157.63M
- Profit Margin
- 18.80%
- ROE (TTM)
- 5.88%
- EPS (Diluted)
- 2.51
- Book Value
- 42.57
Classification
- Sector
- Real Estate
- Industry
- Real Estate Management & Development
- Group
- Real Estate Management & Development
💰 Recent Dividends
$0.5000
Ex: Mar 20, 2026
$0.1300
Ex: Dec 15, 2025
Pay: Dec 31
$0.1300
Ex: Sep 15, 2025
Pay: Sep 29
$0.1100
Ex: Jun 16, 2025
Pay: Jun 30
$0.1100
Ex: Mar 21, 2025
Pay: Mar 31
$0.1100
Ex: Dec 13, 2024
Pay: Dec 31
$0.1100
Ex: Sep 13, 2024
Pay: Sep 27
$0.1100
Ex: Jun 14, 2024
Pay: Jun 28
$0.1100
Ex: Mar 21, 2024
Pay: Mar 28
$0.1600
Ex: Dec 14, 2023
Pay: Dec 29
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Common Questions About MRD
Articles Featuring MRD.TO
Latest articles and analysis covering MRD.TO
What's Going On With Melcor Developments Ltd. Stock Thursday?
Melcor Developments Ltd. (MRD.TO) has seen its stock rise by 2.03% this week, closing at C$19.08. Despite a lack of major news, the company's recent announcements and performance metrics provide a mixed outlook for investors.
Why Melcor Developments Ltd. stock is gaining today
Melcor Developments Ltd. has seen a 1.99% increase in its stock price today, driven by positive investor sentiment and strategic initiatives, including a normal course issuer bid.
Why Melcor Developments Ltd. stock is tanking today
Melcor Developments Ltd. experienced a 1.29% drop in its stock price, raising questions about investor confidence and market conditions. Despite solid financials, the lack of recent positive news may have contributed to this decline.
Why Melcor Developments Ltd. stock is gaining today
Melcor Developments Ltd. (MRD.TO) has seen a 1.58% increase in its stock price today, closing at CA$18.69, showcasing investor confidence in the company's growth potential.
Why Melcor Developments Ltd. stock is gaining today
Melcor Developments Ltd. (MRD.TO) has gained 1.58% in the latest trading session, closing at CA$18.69. Investors are optimistic about the company's position in the real estate market, despite some recent revenue declines.
Why Melcor Developments Ltd. stock is tanking today
Melcor Developments Ltd. shares dropped 1.44% today, closing at CA$18.53. This decline reflects investor caution amid a lack of recent positive developments for the company.
Why Melcor Developments Ltd. stock is gaining today
Melcor Developments Ltd. is gaining traction in the market, with a notable increase in stock price driven by strong financial metrics and investor confidence.
Why Melcor Developments Ltd. stock is rising today
Melcor Developments Ltd. (MRD.TO) has seen its stock price rise by 2.72% today, closing at CA$18.49. With strong financial performance and a reasonable P/E ratio, the company is attracting investor interest.
Melcor Developments Reports Q1 Revenue Drop to $45.37M, Declares $0.15 Dividend
Melcor Developments faces a revenue decline in Q1 2026 but maintains a commitment to shareholder returns with a declared dividend of $0.15 per share.
