Melcor Developments (TSE:MRD) Reaches New 12-Month High – Should You Buy?

Posted by Alanna Baker on Apr 6th, 2026

Shares of Melcor Developments Ltd. (TSE:MRD – Get Free Report) hit a new 52-week high on Monday . The company traded as high as C$18.50 and last traded at C$18.22, with a volume of 5555 shares trading hands. The stock had previously closed at C$18.30.

Melcor Developments Price Performance

The company has a market cap of C$547.62 million, a PE ratio of 9.54 and a beta of 0.40. The company has a quick ratio of 2.65, a current ratio of 5.23 and a debt-to-equity ratio of 43.27. The firm has a 50 day simple moving average of C$17.22 and a 200-day simple moving average of C$15.85.

Melcor Developments (TSE:MRD – Get Free Report) last released its quarterly earnings results on Tuesday, March 10th. The company reported C$1.05 earnings per share for the quarter. Melcor Developments had a net margin of 14.13% and a return on equity of 4.65%. The business had revenue of C$187.12 million for the quarter. As a group, research analysts predict that Melcor Developments Ltd. will post 2.3613596 earnings per share for the current fiscal year.

Melcor Developments Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 31st were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 3.3%. This is a positive change from Melcor Developments’s previous quarterly dividend of $0.13. The ex-dividend date was Friday, March 20th. Melcor Developments’s payout ratio is 25.13%.

Melcor Developments Company Profile

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Melcor Developments Ltd is a real estate development and asset management company. It develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses. Its divisions include Community Development, which is engaged in acquiring raw land and planning residential communities and commercial developments; Property Development, which is engaged in project managing development, leasing, and construction of commercial properties; Investment Properties operates a portfolio of commercial and residential properties, focused on property improvements and capital appreciation; the REIT, which is engaged in acquiring and owning leasable office, retail, industrial and residential sites; Recreation Property and Corporate.