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Melcor Developments ( (TSE:MRD) ) has provided an update.
Melcor Developments reported a strong third quarter for 2025, with a 21.9% increase in revenue to $72.54 million and a significant rise in funds from operations. The Land division was a major contributor, with substantial revenue and earnings growth driven by strategic land sales in the US. However, the Properties division saw a decrease in revenue due to recent property sales and declining occupancy rates. The company continues to focus on strategic asset sales to strengthen its balance sheet, having completed several property sales and reduced general debt by 2.8% since the end of 2024. Melcor also completed the acquisition of its unowned equity interest in Melcor REIT, impacting deferred tax liabilities.
The most recent analyst rating on (TSE:MRD) stock is a Hold with a C$15.50 price target. To see the full list of analyst forecasts on Melcor Developments stock, see the TSE:MRD Stock Forecast page.
Spark’s Take on TSE:MRD Stock
According to Spark, TipRanks’ AI Analyst, TSE:MRD is a Neutral.
Melcor Developments’ overall stock score is driven by stable financial performance with strong cash flow management, though profitability margins are under pressure. The technical analysis indicates a lack of strong momentum, and the high P/E ratio suggests the stock is expensive, partially offset by a reasonable dividend yield. The absence of earnings call and corporate events data limits further insights.
To see Spark’s full report on TSE:MRD stock, click here.
More about Melcor Developments
Melcor Developments Ltd. is an Alberta-based real estate development and asset management company. It operates in the real estate industry, focusing on land development and property management, with a diversified portfolio that includes both residential and commercial properties.
Average Trading Volume: 5,123
Technical Sentiment Signal: Buy
Current Market Cap: C$432.4M
Find detailed analytics on MRD stock on TipRanks’ Stock Analysis page.