Medalist Diversified REIT, Inc. (MDRR)

NASDAQ: MDRR · IEX Real-Time Price · USD
0.837
-0.003 (-0.35%)
Mar 31, 2023, 9:43 AM EDT - Market open
-0.35%
Market Cap 14.86M
Revenue (ttm) 11.09M
Net Income (ttm) -4.77M
Shares Out 17.76M
EPS (ttm) -0.28
PE Ratio n/a
Forward PE n/a
Dividend $0.06 (7.17%)
Ex-Dividend Date Jan 23, 2023
Volume 588
Open 0.850
Previous Close 0.840
Day's Range 0.837 - 0.850
52-Week Range 0.610 - 1.152
Beta 0.92
Analysts Buy
Price Target 1.28 (+52.93%)
Earnings Date May 8, 2023

About MDRR

Medalist Diversified REIT Inc. is a Maryland corporation formed on September 28, 2015. Beginning with our taxable year ended December 31, 2017, we believe that we have operated in a manner qualifying us as a real estate investment trust (“REIT”), and we have elected to be taxed as a REIT for federal income tax purposes. Our company serves as the general partner of Medalist Diversified Holdings, LP which was formed as a Delaware limited partnership on September 29, 2015. Our company was formed to acquire, reposition, renovate, lease and manage i... [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 2022, MDRR's revenue was $11.09 million, a decrease of -3.32% compared to the previous year's $11.47 million. Losses were -$4.77 million, 9.28% more than in 2021.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for MDRR stock is "Buy." The 12-month stock price forecast is $1.28, which is an increase of 52.93% from the latest price.

Price Target
$1.28
(52.93% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

2 weeks 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...

2 weeks 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 ...

2 months 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...

2 months 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
5 months 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...

6 months 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...

6 months 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...

8 months ago - Business Wire

6 Undervalued REITs to Buy With Serious Profit Potential

These are undervalued REITs with serious profit potential. These REITs are near a trough, or else their valuation metrics are cheap.

Other symbols: BDNGNLOHIOPIRTL
8 months ago - InvestorPlace

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 ...

9 months 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...

9 months 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...

9 months 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...

9 months ago - Business Wire

Medalist Diversified REIT Announces the Purchase of Salisbury Marketplace and the Completion of a Financing Transaction With Wells Fargo Bank

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...

10 months ago - Business Wire

Medalist Diversified REIT, Inc. Reports First 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...

11 months ago - Business Wire

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

RICHMOND, Va.--(BUSINESS WIRE)--Second paragraph of release should read: The Series A Dividend will be payable in cash on April 21, 2022 to holders of record of Series A Preferred Stock as of April 18...

1 year 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...

1 year ago - Business Wire

Medalist Diversified REIT, Inc. Reports Fourth Quarter and Full Year 2021 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 Announces the Repurchase of Its Common Stock

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

1 year ago - Business Wire

Medalist Diversified REIT Announces Letter to Shareholders

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

Why Medalist Diversified REIT Shares Are Rising

Medalist Diversified REIT Inc (NASDAQ: MDRR) is trading significantly higher Friday morning after the company announced a stock repurchase program. The repurchase program will allow management to purc...

1 year ago - Benzinga

Medalist Diversified REIT Announces the Approval of a Common Stock Repurchase Program

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

1 year ago - Business Wire

Medalist Diversified REIT 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...

1 year ago - Business Wire

Medalist Diversified REIT Announces Series A Preferred Stock Cash Dividend

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