Melcor Real Estate Investment Trust (MR.UN) Stock Price, News & Analysis

Company Overview

Melcor REIT is an unincorporated, open-ended real estate investment trust. Melcor REIT owns, acquires, manages and leases quality retail, office and industrial income-generating properties in western Canadian markets. Its portfolio is currently made up of interests in 38 properties representing approximately 2.93 million square feet of gross leasable area located across Alberta and in Regina, Saskatchewan; and Kelowna, British Columbia.

Key Stats

• Today's Range: C$5.17 to C$5.24
• 50-Day Range: C$4.75 to C$5.32
• 52-Week Range: C$2.19 to C$5.40
• Volume: 10,194 shs
• Average Volume: 25,463 shs
• Market Capitalization: C$67.91 million
• P/E Ratio: N/A
• Dividend Yield: 9.16%
• Price Target: C$3.25
• Consensus Rating: Hold

Melcor Real Estate Investment Trust Stock Analysis - MarketRank™

Melcor Real Estate Investment Trust scored higher than 10% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Melcor Real Estate Investment Trust has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Melcor Real Estate Investment Trust has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Melcor Real Estate Investment Trust is -524.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Melcor Real Estate Investment Trust is -524.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Melcor Real Estate Investment Trust has a P/B Ratio of 0.31. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for MR.UN.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Melcor Real Estate Investment Trust is a leading dividend payer. It pays a dividend yield of 16.72%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Melcor Real Estate Investment Trust does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for MR.UN.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: N/A

News Sentiment

Melcor Real Estate Investment Trust has a news sentiment score of 1.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Melcor Real Estate Investment Trust this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Melcor Real Estate Investment Trust insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.58% of the stock of Melcor Real Estate Investment Trust is held by insiders.

Percentage Held by Institutions

Only 2.37% of the stock of Melcor Real Estate Investment Trust is held by institutions.

MR.UN Stock Analysis - Frequently Asked Questions

How have MR.UN shares performed this year?

Melcor Real Estate Investment Trust's stock was trading at C$4.15 on January 1st, 2024. Since then, MR.UN shares have increased by 26.3% and is now trading at C$5.24.
View the best growth stocks for 2024 here.

How do I buy shares of Melcor Real Estate Investment Trust?

Shares of MR.UN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Real Estate
• Industry: REIT - Diversified
• Sub-Industry: N/A
• Current Symbol: TSE:MR.UN
• CUSIP: N/A
• CIK: N/A
• Web: www.melcorreit.ca
• Phone: +1-780-4236931
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$3.25
• High Stock Price Target: C$3.25
• Low Stock Price Target: C$3.25
• Potential Upside/Downside: -38.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($0.01)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 8.06
• P/E Growth: N/A
• Net Income: C$26.32 million
• Net Margins: 35.79%
• Pretax Margin: N/A
• Return on Equity: 12.64%
• Return on Assets: 3.48%

Debt

• Debt-to-Equity Ratio: 206.96
• Current Ratio: 0.49
• Quick Ratio: 0.03

Sales & Book Value

• Annual Sales: C$73.55 million
• Price / Sales: 0.92
• Cash Flow: C$0.20 per share
• Price / Cash Flow: 25.89
• Book Value: C$16.94 per share
• Price / Book: 0.31

Miscellaneous

• Outstanding Shares: 12,960,000
• Free Float: N/A
• Market Cap: C$67.91 million
• Optionable: Not Optionable
• Beta: 2.18