Medalist Diversified REIT, Inc. (MDRR)

NASDAQ: MDRR · IEX Real-Time Price · USD
0.897
+0.032 (3.70%)
At close: Jun 24, 2022 3:50 PM
0.922
+0.025 (2.821%)
After-hours: Jun 24, 2022 4:48 PM EDT
3.70%
Market Cap 15.67M
Revenue (ttm) 11.70M
Net Income (ttm) -3.08M
Shares Out 17.47M
EPS (ttm) -0.20
PE Ratio n/a
Forward PE n/a
Dividend $0.08 (8.92%)
Ex-Dividend Date Apr 14, 2022
Volume 51,343
Open 0.870
Previous Close 0.865
Day's Range 0.870 - 0.910
52-Week Range 0.824 - 1.550
Beta 0.84
Analysts Buy
Price Target 1.91 (+112.9%)
Earnings Date Aug 9, 2022

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...]

Industry Equity Real Estate Investment Trusts (REITs)
IPO Date Nov 28, 2018
CEO Thomas Messier
Employees 2,018
Stock Exchange NASDAQ
Ticker Symbol MDRR
Full Company Profile

Financial Performance

In 2021, MDRR's revenue was $11.47 million, an increase of 23.68% compared to the previous year's $9.28 million. Losses were -$4.36 million, -46.65% less than in 2020.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for MDRR stock is "Buy." The 12-month stock price forecast is 1.91, which is an increase of 112.93% from the latest price.

Price Target
$1.91
(112.93% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Medalist Diversified REIT Announces the Purchase of Salisbury Marketplace and the Completion of a Financing Transacti...

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 com...

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 in ...

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, ...

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 c...

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 c...

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 in ...

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 m...

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 mana...

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 purcha...

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 m...

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 c...

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 mana...

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

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, Inc Provides Corporate Update and Reports Third Quarter 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 in ...

Medalist Diversified REIT Announces the Purchase of the Parkway Property

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 m...

Medalist Diversified REIT Announces the Sale of the Hampton Inn in Greensboro, North Carolina

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 m...

Medalist Diversified REIT Announces the Purchase of Greenbrier Business Center

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 m...

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

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

Medalist Diversified REIT Announces Filing of Its Quarterly Report for the Second Quarter Of 2021

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 c...

Medalist Diversified REIT Announces the Execution of a Sales Contract for the Hampton Inn in Greensboro, North Carolina

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 m...

Medalist Diversified REIT Announces Extension of Clemson University Rental Agreement Through May 2022 for Its Clemson...

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 mana...

Medalist Diversified REIT Announces the Purchase of Lancer Center

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 m...

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

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

Medalist Diversified REIT Provides Update on Hampton Inn Property

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 mana...

Medalist Diversified REIT Announces Pricing of $12.0 Million Public Offering of 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 v...