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MIM [NYSE]
MI Developments Inc.
Financial - Property Management - Canada
Index- P/E- EPS (ttm)-0.37 Insider Own2.28% Shs Outstand46.71M Perf Week0.25%
Market Cap561.45M Forward P/E- EPS next Y- Insider Trans- Shs Float45.64M Perf Month-11.94%
Income-17.06M PEG- EPS next Q- Inst Own93.44% Short Float0.05% Perf Quarter-14.75%
Sales465.50M P/S1.21 EPS this Y-73.93% Inst Trans0.74% Short Ratio0.38 Perf Half Y12.34%
Book/sh35.57 P/B0.34 EPS next Y- ROA-3.78% Target Price14.00 Perf Year71.71%
Cash/sh2.73 P/C4.40 EPS next 5Y- ROE-1.00% 52W Range3.06 - 14.62 Perf YTD-2.12%
Dividend0.60 P/FCF22.25 EPS past 5Y32.43% ROI-4.02% 52W High-17.77% Beta2.06
Dividend %4.99% Quick Ratio- Sales past 5Y-0.44% Gross Margin70.70% 52W Low292.89% ATR0.30
Employees35 Current Ratio- Sales Q/Q-55.01% Oper. Margin-13.64% RSI (14)44.46 Volatility1.81% 2.81%
OptionableNo Debt/Eq0.15 EPS Q/Q87.99% Profit Margin-19.53% Rel Volume4.77 Prev Close12.02
ShortableYes LT Debt/Eq0.15 EarningsNov 10 AMC Payout- Avg Volume57.89K Price12.02
Recom3.00 SMA20-2.55% SMA50-4.66% SMA2005.92% Volume275,933 Change0.00%
06-Mar-08Reiterated BMO Capital Markets Market Perform $31 → $26
11-Jan-10 04:19PM  InPlay: MI Developments announces settlement in connection with Magna Entertainment Chapter 11 proceeding Briefing.com
04:17PM  MID announces settlement in connection with Magna Entertainment Chapter 11 proceeding PR Newswire
10-Nov-09 08:09PM  MI Developments Inc. announces 2009 third quarter results PR Newswire
07:07AM  Q3 2009 MI Developments Inc. Earnings Release - After Market Close CCBN
02-Nov-09 10:43AM  MI Developments notice of release of third quarter 2009 results PR Newswire
02-Oct-09 03:05PM  Magna Entertainment subsidiary plans mixed-use project at Laurel Park at bizjournals.com
18-Sep-09 04:36PM  MI Developments Inc. announces appointment of new Chief Financial Officer PR Newswire
14-Sep-09 06:13PM  Ontario Securities Commission Dismisses Minority Shareholder Applications PR Newswire
06:13PM  Ontario Securities Commission Dismisses Minority Shareholder Applications CNW Group
26-Aug-09 09:21AM  MID announces conditional amendment to Magna Entertainment DIP loan PR Newswire
16-Aug-09 09:23AM  New Star Analyst Rankings for MI DEV INC CL A StarMine
13-Aug-09 08:20AM  MI Developments announces 2009 second quarter results PR Newswire +7.58%
11-Aug-09 02:07PM  Ontario Securities Commission hearing regarding transactions with Magna Entertainment PR Newswire
06-Aug-09 08:04AM  MI Developments notice of release of second quarter 2009 results PR Newswire
22-Jul-09 05:57PM  Subsidiary of MI Developments named as Defendant in connection with Magna Entertainment Chapter 11 Proceedings PR Newswire
24-Jun-09 09:28AM  Potential MID involvement with proposed Magna facilities in Russia PR Newswire
08-May-09 08:07AM  MI Developments announces 2009 first quarter results PR Newswire +14.00%
08:07AM  MI Developments announces 2009 first quarter results CNW Group
07:07AM  Q1 2009 MI Developments Inc. Earnings Release - Before Market Open CCBN
04-May-09 02:48PM  Judge approves Magna Entertainment asset sale AP
02:20PM  Judge approves Magna Entertainment asset sale AP
30-Apr-09 07:57AM  MI Developments notice of release of first quarter 2009 results and annual meeting PR Newswire
07:57AM  MI Developments notice of release of first quarter 2009 results and annual meeting CNW Group
20-Apr-09 07:58AM  MI Developments announces termination of stalking horse bid for Magna Entertainment assets and amendments to DIP loan PR Newswire
16-Apr-09 09:04AM  MI DEVELOPMENTS INC Financials EDGAR Online Financials
07-Apr-09 12:06PM  Don't Miss This Cheap Stock at Motley Fool
03-Apr-09 05:04PM  Adjournment of Magna Entertainment chapter 11 bankruptcy hearing PR Newswire
31-Mar-09 04:53PM  TSC Ratings' Updates: Cerner at TheStreet.com
27-Mar-09 07:41AM  MI Developments announces fourth quarter and 2008 results PR Newswire +5.51%
07:07AM  Q4 2008 MI Developments Inc. Earnings Release - Before Market Open CCBN
19-Mar-09 05:03PM  MI Developments notice of release of fourth quarter and 2008 results and annual meeting PR Newswire -6.10%
06-Mar-09 03:36PM  5 Deathbed Stocks at Motley Fool
03:36PM  5 Deathbed Stocks at Motley Fool
09:05AM  Hores reacing track owner Magna files for bankruptcy protection at bizjournals.com
08:05AM  Gulfstream Park owner files for Chapter 11 at bizjournals.com
05-Mar-09 08:16PM  Magna Entertainment files for Ch. 11 protection AP +15.41%
04:51PM  MI Devlopements, Gevity HR: Biggest Price Gainers (MIM, GVHR) at The Wall Street Journal Online
03:38PM  Magna Entertainment files for bankruptcy AP
01:27PM  Magna Entertainment Files for Chapter 11 Bankruptcy Protection PR Newswire
24-Feb-09 05:24PM  Latest News in Activist Investing at TheStreet.com
04:14PM  LaBarge, Hanesbrands and Chiquita Brands International among 52-week lows SmallCapInvestor.com
18-Feb-09 10:55PM  Magna Entertainment spin-off canceled AP
07:40PM  MI Developments not proceeding with previously-announced reorganization proposal PR Newswire
30-Jan-09 04:03PM  Data Domain, State Bancorp and Lindsay among 52-week lows SmallCapInvestor.com -7.76%
28-Jan-09 04:01PM  Capital Bank, Winmark and First Busey among 52-week lows SmallCapInvestor.com
12-Dec-08 04:00PM  Northrim BanCorp, American Pacific and Hearst-Argyle Television among 52-week lows SmallCapInvestor.com
05-Dec-08 05:10PM  MI Developments announces appointment of new Director PR Newswire
26-Nov-08 11:18AM  MI Developments announces reorganization proposal PR Newswire +19.24%
14-Nov-08 02:52PM  How Low Can They Go? at Investopedia
12-Nov-08 11:31AM  Recent Activist Situations at TheStreet.com
08-Nov-08 07:13AM  [$$] 13D Filings at Barron's Online
07-Nov-08 07:33AM  MI Developments announces 2008 third quarter results PR Newswire
07:07AM  Q3 2008 MI Developments Inc. Earnings Release - Before Market Open CCBN
04-Nov-08 05:14PM  Magna Entertainment sees no reason for stock jump AP +5.87%
28-Oct-08 03:18PM  MI Developments Inc. - Notice of conference call for third quarter 2008 results PR Newswire
22-Oct-08 06:21PM  Man who wants to buy Md. tracks opposes slots AP
05:01PM  MI Developments announces changes to Board of Directors PR Newswire
15-Oct-08 07:37PM  MI Developments announces changes to Magna Entertainment bridge loan and project financing facilities PR Newswire
01-Oct-08 04:20PM  American Equity Investment Life Holding, Crosstex Energy and Crosstex Energy among 52-week lows SmallCapInvestor.com -9.81%
29-Sep-08 05:35PM  MI Developments announces resignation of Director PR Newswire -6.86%
15-Sep-08 07:23AM  MI Developments Announces Amendments to Magna Entertainment Bridge Loan and Project Financing Facilities PR Newswire
02-Sep-08 02:57PM  13D Filings at Barron's Online
22-Aug-08 04:14PM  MI Developments announces retainer of GMP Securities to liaise with shareholders PR Newswire
14-Aug-08 05:04PM  MI Developments announces appointment of Interim Chief Executive Officer PR Newswire
13-Aug-08 07:00PM  MI Developments Announces Amendments to Magna Entertainment Bridge Loan and Project Financing Facilities PR Newswire
12-Aug-08 10:39AM  Magna Entertainment sells Florida lot for $16.5M AP
08-Aug-08 07:07AM  Q2 2008 MI Developments Inc. Earnings Release - Before Market Open CCBN
06:15AM  MI Developments announces 2008 second quarter results and departure of CEO PR Newswire
06:09AM  MI Developments announces 2008 second quarter results and departure of CEO CNW Group
28-Jul-08 09:41AM  MI Developments Inc. notice of conference call for second quarter 2008 results PR Newswire
10-Jul-08 05:23PM  Court dismisses Greenlight Capital appeal PR Newswire
27-Jun-08 08:09AM  MI Developments postpones special meeting to accommodate ongoing shareholder discussions on Reorganization Proposal PR Newswire
30-May-08 10:03AM  MI Developments calls special meeting to consider reorganization proposal PR Newswire
23-May-08 07:15PM  MI Developments announces amendments to Magna Entertainment bridge loan and project financing facilities PR Newswire
07-May-08 11:12AM  MI Developments announces 2008 first quarter results PR Newswire
07:07AM  Q1 2008 MI Developments Inc. Earnings Release - Time Not Supplied CCBN
05-May-08 01:48PM  MI Developments Inc. - New time for first quarter 2008 results conference call PR Newswire
18-Apr-08 04:17PM  MI Developments refutes Greenlight's latest press release PR Newswire
08:21AM  Greenlight Capital Urges MI Developments Shareholders to Vote for Greenlight's Shareholder Proposal and Against the Coercive Proposal to Reorganize MI Developments PR Newswire
16-Apr-08 08:39AM  MI Developments Inc. Annual and Special Meeting of Shareholders and notice of conference call for first quarter 2008 results PR Newswire
02-Apr-08 05:43PM  MI Developments rejects mischaracterizations in Greenlight press release PR Newswire
08:45AM  Greenlight Capital Objects to Outrageous Multi-Hundred Million Dollar Payoff to Frank Stronach and Coercive Proposal to Reorganize MI Developments PR Newswire
31-Mar-08 03:26PM  MI Shareholders Propose Overhaul AP +13.67%
01:06PM  MI Developments, Reis: Biggest Price Gainers (MIM, REIS) at The Wall Street Journal Online
09:18AM  MI Developments receives reorganization proposal with support from majority of Class A and Class B shareholders PR Newswire
27-Mar-08 04:40PM  MI Developments announces appointment of new director PR Newswire
13-Mar-08 04:45PM  MI Developments to hold annual and special shareholders' meeting on May 7, 2008 PR Newswire
05-Mar-08 07:07AM  Q4 2007 MI Developments Inc. Earnings Release - Before Market Open CCBN
06:11AM  MI Developments announces fourth quarter and 2007 results PR Newswire
28-Feb-08 10:39AM  Greenlight Capital - Portfolio Holdings at Seeking Alpha
25-Feb-08 08:22AM  MI Developments Inc. - Notice of conference call for fourth quarter and year-end 2007 results PR Newswire
10-Jan-08 08:27PM  MI Developments announces rescheduling of Greenlight Capital appeal hearing PR Newswire
09-Jan-08 04:45PM  MI Developments announces rescheduling of Greenlight Capital appeal hearing PR Newswire
26-Nov-07 02:54PM  13D Filings at Barron's Online
09-Nov-07 09:02AM  UPDATE - MI Developments posts smaller third-quarter loss at Reuters
08:32AM  MI Developments announces 2007 third quarter results PR Newswire
07:07AM  Q3 2007 MI Developments Inc. Earnings Release - Before Market Open CCBN
29-Oct-07 08:14AM  MI Developments Inc. - Notice of Conference Call For Third Quarter 2007 Results PR Newswire
02-Oct-07 05:05PM  MI Developments receives Toronto Stock Exchange approval for normal course issuer bid PR Newswire
13-Sep-07 08:31AM  MI Developments announces bridge loan and amendments to existing project financing facilities in connection with Magna Entertainment debt elimination plan PR Newswire
MI Developments, Inc., a real estate operating company, engages in the acquisition, ownership, development, management, and lease of industrial and commercial real estate properties. As of December 31, 2007, the company's property portfolio included approximately 105 industrial and commercial properties located in Canada, Austria, the United States, Germany, Mexico, the United Kingdom, the Czech Republic, Spain, and Poland. It also owns land for industrial development. The company was founded in 1998 and is headquartered in Aurora, Canada.