Medalist Diversified REIT, Inc. (MDRR)

NASDAQ: MDRR · IEX Real-Time Price · USD
5.88
+0.08 (1.38%)
At close: May 24, 2024, 4:00 PM
5.91
+0.03 (0.51%)
After-hours: May 24, 2024, 4:00 PM EDT
1.38%
Market Cap 13.15M
Revenue (ttm) 10.38M
Net Income (ttm) -1.99M
Shares Out 2.24M
EPS (ttm) -0.92
PE Ratio n/a
Forward PE n/a
Dividend $0.03 (0.51%)
Ex-Dividend Date Apr 19, 2024
Volume 19,822
Open 5.80
Previous Close 5.80
Day's Range 5.88 - 5.88
52-Week Range 4.12 - 6.13
Beta 0.91
Analysts n/a
Price Target n/a
Earnings Date Jun 4, 2024

About MDRR

Medalist Diversified REIT Inc. is a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S. The Company's strategy is to focus on commercial real estate which is expected to provide an attractive balance of risk and returns. Medalist utilizes a rigorous, consistent and replicable process for sourcing and conducting due diligence of acquisitions. [Read more]

Sector Real Estate
IPO Date Nov 28, 2018
Country United States
Stock Exchange NASDAQ
Ticker Symbol MDRR
Full Company Profile

Financial Performance

In 2023, MDRR's revenue was $10.27 million, a decrease of -7.38% compared to the previous year's $11.09 million. Losses were -$4.57 million, -4.15% less than in 2022.

Financial Statements

News

Medalist Diversified REIT, Inc. Releases Update From Interim CEO and President

RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and ma...

9 months ago - Business Wire

Medalist Diversified REIT, Inc. Grants Waiver to Shareholder Francis P. Kavanaugh to Increase Common Share Ownership

RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and ma...

10 months ago - Business Wire

Medalist Diversified REIT, Inc. Shifts to Long-Term Value Creation Amid Current Market Conditions

RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and ma...

10 months ago - Business Wire

Medalist Diversified REIT, Inc. Announces Transition to Internalized Management and Leadership Changes

RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and ma...

11 months ago - Business Wire

Medalist Diversified REIT, Inc. Concludes Strategic Alternatives Process With Potential Asset Sale and Expected Transition to Internalized Management

RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and ma...

11 months ago - Business Wire

Medalist Diversified REIT, Inc. Announces the Appointment of Francis P. Kavanaugh to its Board of Directors

RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the “Company”), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commerc...

1 year ago - Business Wire

Medalist Diversified REIT, Inc. Regains Compliance With Nasdaq Minimum Bid Price Requirement

RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (NASDAQ:MDRR) (the “Company”), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commerci...

1 year ago - Business Wire

Medalist Diversified REIT, Inc. Reports First Quarter 2023 Financial Results

RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (NASDAQ:MDRR) (the “Company”), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commerci...

1 year ago - Business Wire

9.70% Shareholder Frank Kavanaugh Addresses Concerns Raised by Jon S. Wheeler and Calls for Augmentation of Independent Board Members at Medalist Diversified REIT, Inc.

NEWPORT BEACH, Calif. , May 10, 2023 /PRNewswire/ -- The following press release is distributed on behalf of Frank Kavanaugh, who owns 9.70% of Medalist Diversified REIT's (NASDAQ: MDRR), outstanding ...

1 year ago - PRNewsWire

Medalist Diversified REIT, Inc. Announces Effectiveness of Reverse Stock Split

RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the “Company” or “Medalist”), a Virginia-based real estate investment trust that specializes in acquiring, owning and ma...

1 year ago - Business Wire

Medalist Diversified REIT, Inc. Announces Reverse Stock Split and Provides Update on Strategic Review Process

RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the “Company” or “Medalist”), a Virginia-based real estate investment trust that specializes in acquiring, owning and ma...

1 year ago - Business Wire

Medalist Diversified REIT, Inc. Announces Cash Dividend of $0.01 Per Share on Its Common Stock and $0.50 Per Share on Its Series A Preferred Stock

RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and ma...

1 year ago - Business Wire

Medalist Diversified REIT, Inc. Announces Establishment of a Special Committee of the Board and Exploration of Strategic Alternatives

RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc.

1 year ago - Business Wire

Medalist Diversified REIT, Inc. Reports 2022 Results

RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (NASDAQ:MDRR) (the “Company”), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commerci...

1 year ago - Business Wire

Medalist Diversified REIT, Inc. Announces 180-Day Extension to Regain Compliance with Nasdaq Minimum Bid Price Requirement

RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and ...

1 year ago - Business Wire

Medalist Diversified REIT, Inc. Announces Cash Dividend of $0.01 Per Share on Its Common Stock and $0.50 Per Share on Its Series A Preferred Stock Cash Dividend

RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT (NASDAQ: MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managi...

1 year ago - Business Wire

OPKO Health And 2 Other Penny Stocks Are Aggressively Buying - Medalist Diversified REIT (NASDAQ:MDRR), Great Elm Group (NASDAQ:GEG)

US crude oil futures traded higher on Friday. Investors, meanwhile, focused on some notable insider trades.

Other symbols: OPKGEG
1 year ago - Benzinga

Medalist Diversified REIT, Inc. Announces Cash Dividend of $0.01 Per Share on Its Common Stock and $0.50 Per Share on Its Series a Preferred Stock Cash Dividend

RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT (NASDAQ: MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing...

1 year ago - Business Wire

Medalist Diversified REIT, Inc. Announces Sale of the Clemson Best Western University Inn

RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT (NASDAQ: MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing...

1 year ago - Business Wire

Medalist Diversified REIT, Inc. Reports Second Quarter 2022 Results

RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (NASDAQ:MDRR), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate i...

1 year ago - Business Wire

Medalist Diversified REIT Interview to Air on Bloomberg U.S. on the RedChip Money Report®

ORLANDO, FL / ACCESSWIRE / July 22, 2022 / RedChip Companies will air a new interview with Medalist Diversified REIT, Inc. (NASDAQ:MDRR) (the "Company" or "Medalist"), on The RedChip Money Report® on ...

2 years ago - Accesswire

Medalist Diversified REIT Announces First Half 2022 Leasing Activity

RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the “Company” or “Medalist”), a Virginia-based real estate investment trust that specializes in acquiring and managing c...

2 years ago - Business Wire

Medalist Diversified REIT, Inc. Announces Cash Dividend of $0.02 Per Share on Its Common Stock

RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT (NASDAQ: MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing...

2 years ago - Business Wire

Medalist Diversified REIT, Inc. Announces Series A Preferred Stock Cash Dividend

RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT (NASDAQ: MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing...

2 years ago - Business Wire