Medalist Diversified REIT, Inc. (MDRR)
| Market Cap | 12.53M |
| Revenue (ttm) | 10.27M |
| Net Income (ttm) | -4.57M |
| Shares Out | 2.24M |
| EPS (ttm) | -2.06 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.03 (0.54%) |
| Ex-Dividend Date | Apr 19, 2024 |
| Volume | 2,443 |
| Open | 5.58 |
| Previous Close | 5.49 |
| Day's Range | 5.45 - 5.60 |
| 52-Week Range | 4.12 - 6.78 |
| Beta | 0.92 |
| Analysts | Strong Buy |
| Price Target | 9.00 (+60.71%) |
| Earnings Date | May 9, 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]
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 StatementsAnalyst Forecast
According to one analyst, the rating for MDRR stock is "Strong Buy" and the 12-month stock price forecast is $9.0.
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...
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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.
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...
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 ...
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...
Medalist Diversified REIT, Inc. Reports Third Quarter 2022 Results
RICHMOND, Va.
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.
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...
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...
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...
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 ...
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...
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...
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...