Latest news for Melcor Developments (OTC:MODVF) Stock

MELCOR DEVELOPMENT L

Melcor Developments Ltd is a real estate development company. It develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses. Its divisions includes 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.

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MODVF

TSX:MRD

RBC Capital Trims Melcor Developments Price Target By 5%

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Stocks That Hit 52-Week Lows On Tuesday

MELCOR DEV LTD by Melcor Development Ltd.

Melcor Developments Ltd

Melcor Developments OTC (TSE:MRD) has released an update. Melcor Developments Ltd. reported a mixed financial performance for 2023, with a 30% incr...

Melcor Developments Weathers Economic Challenges

Melcor Developments cut quarterly  dividend by -31.3% to  CAD 0.11/share

Melcor Developments GAAP EPS of $0.34, revenue of $125.13M

Analysts have been eager to weigh in on the Real Estate sector with new ratings on Melcor Developments (MODVF – Research Report) and Flagship Commu...

Analysts Offer Insights on Real Estate Companies: Melcor Developments (OtherMODVF) and Flagship Communities REIT Investment Trust (OtherMHCUF)

Melcor Developments OTC (TSE:MRD) has released an update. Melcor Developments Ltd. has reported a strong first quarter in 2024 with revenues soarin...

Melcor Developments Reports Robust Q1 Growth

Melcor Developments declares CAD 0.11 dividend

Melcor Developments GAAP EPS of C$0.42, revenue of C$49.75M

Melcor Developments announces normal course issuer bid

Melcor Developments (TSE:MRD) has released an update. Melcor Developments Ltd., a prominent Alberta-based real estate developer, has received appro...

Melcor Developments Plans Share Buyback

Melcor Developments (TSE:MRD) has released an update. Melcor Developments Ltd., a prominent Alberta-based real estate developer, successfully condu...

Melcor Shareholders Approve Board Re-Election

MHCUF

Melcor Developments

<ul>
	<li>Melcor Developments Ltd.&nbsp;(TSX:<a class="ticker" href="https://www.benzinga.com/stock/MRD#TSX">MRD</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MODVF#OTC">MODVF</a>)&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/quote/MODVF" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">price target has been lowered</a>&nbsp;to C$18 from C$19 by&nbsp;RBC Capital&nbsp;analyst Tom Callaghan.</li>
	<li>The analyst maintained the Sector Perform rating on the shares.</li>
	<li>Callaghan states that there is no change in constructive stance on Melcor Developments following Q1 results.</li>
	<li>The analyst continues to see several tailwinds in both Alberta and the U.S. and remains vigilant to potential risks stemming from global supply chain/inflation issues and rising interest rates.</li>
	<li>Callaghan believes the share price reflects a reasonable margin of safety and sees an increasingly bullish picture emerging should momentum continue into the back half of 2022.</li>
	<li>Price Action:&nbsp;MRD shares are trading higher by 2.74% at C$13.86 on TSX on the last check Wednesday.</li>
</ul>

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Latest news for Melcor Developments (OTC:MODVF) Stock

Wednesday, May 11, 2022

Tuesday, August 27, 2019