Modiv Industrial, Inc. (MDV)

NYSE: MDV · Real-Time Price · USD
17.75
-0.02 (-0.11%)
At close: May 12, 2026, 4:00 PM EDT
17.74
-0.01 (-0.04%)
After-hours: May 12, 2026, 7:00 PM EDT
Market Cap211.53M +26.2%
Revenue (ttm)47.01M +0.3%
Net Income-4.11M -95.1%
EPS-0.47
Shares Out 11.92M
PE Ration/a
Forward PE165.12
Dividend$1.20 (6.76%)
Ex-Dividend DateMay 29, 2026
Volume111,314
Open17.72
Previous Close17.77
Day's Range17.58 - 17.94
52-Week Range13.80 - 18.05
Beta-0.14
AnalystsBuy
Price Target18.33 (+3.27%)
Earnings DateMay 8, 2026

About MDV

Modiv Industrial, Inc. is an internally managed REIT that is focused on single-tenant net-lease industrial manufacturing real estate. The Company actively acquires critical industrial manufacturing properties with long-term leases to tenants that fuel the national economy and strengthen the nation’s supply chains. Modiv Industrial, Inc. was incorporated in 2015 in Maryland, USA.

IPO Date Feb 11, 2022
Employees 9
Stock Exchange NYSE
Ticker Symbol MDV
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to 3 analysts, the average rating for MDV stock is "Buy." The 12-month stock price target is $18.33, which is an increase of 3.27% from the latest price.

Price Target
$18.33
(3.27% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Modiv downgraded to Neutral from Buy at Alliance Global

Alliance Global analyst Gaurav Mehta downgraded Modiv (MDV) to Neutral from Buy with a price target of $19, up from $18, after the company announced an all-stock merger agreement under…

6 days ago - TheFly

Modiv downgraded to Hold from Buy at Freedom Broker

Freedom Broker downgraded Modiv (MDV) to Hold from Buy with a price target of $19, up from $18, after the company announced an all-stock merger agreement under which Global Net…

8 days ago - TheFly

Modiv downgraded to Neutral from Overweight at Cantor Fitzgerald

Cantor Fitzgerald analyst Jay Kornreich downgraded Modiv (MDV) to Neutral from Overweight with a price target of $19, up from $18, after the company entered into a merger agreement under…

8 days ago - TheFly

Global Net Lease to acquire Modiv for $535M

Global Net Lease (GNL) and Modiv Industrial (MDV) have entered into a definitive merger agreement under which GNL will acquire Modiv in an all-stock transaction valued at an enterprise value…

Other symbols: GNL
8 days ago - TheFly

Global Net Lease to Acquire Modiv Industrial in $535 Million Transaction

NEW YORK & DENVER--(BUSINESS WIRE)--Global Net Lease, Inc. (NYSE: GNL) (“GNL” or the “Company”) and Modiv Industrial, Inc. (NYSE: MDV) (“Modiv”) announced today that the two companies have entered int...

Other symbols: GNL
8 days ago - Business Wire

Modiv Industrial Earnings Call Transcript: Q4 2025

Q4 2025 saw lower rental income and AFFO due to lease expirations and asset sales, with a focus on recycling non-core assets and transitioning to a pure-play manufacturing industrial portfolio within 24 months. Debt is fully fixed, and market volatility continues to impact transaction timing.

6 weeks ago - Transcripts

Modiv Industrial Announces Fourth Quarter and Full Year 2025 Results

DENVER--(BUSINESS WIRE)--Modiv Industrial, Inc. (“Modiv Industrial,” “Modiv” or the “Company”) (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate, t...

6 weeks ago - Business Wire

Modiv Industrial To Report Fourth Quarter and Full Year 2025 Financial Results on March 25, 2026 & Declares Quarterly Dividends for Preferred Shareholders and Monthly Distributions for Common Shareholders

DENVER--(BUSINESS WIRE)--Modiv Industrial, Inc. (“Modiv” or the “Company”) (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate properties, today anno...

7 weeks ago - Business Wire

Modiv initiated with an Overweight at Cantor Fitzgerald

Cantor Fitzgerald initiated coverage of Modiv (MDV) with an Overweight rating and $18 price target

3 months ago - TheFly

Modiv Industrial Announces Tax Treatment of 2025 Dividends

DENVER--(BUSINESS WIRE)--Modiv Industrial, Inc. (“Modiv Industrial,” “Modiv” or the “Company”) (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate pr...

3 months ago - Business Wire

Modiv increases annual dividend 3c to $1.20 per share

Modiv (MDV) has approved a 3c increase in the annual distribution rate resulting in an annual dividend of $1.20 per share payable to common shareholders of record as of January…

4 months ago - TheFly

Modiv CFO Ray Pacini resigns, General Counsel John Raney succeeds

Modiv (MDV) CEO Aaron Halfacre announced that CFO Ray Pacini is resigning following the filing of the 2025 10-K in March to enjoy more time with his family. Effective following…

4 months ago - TheFly

Modiv Industrial Increases Dividend and Provides Strategic Update

DENVER--(BUSINESS WIRE)--Modiv Industrial, Inc. (“Modiv Industrial,” “Modiv” or the “Company”) (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate pr...

4 months ago - Business Wire

Modiv Industrial Declares Quarterly Dividends for Preferred Stockholders

DENVER--(BUSINESS WIRE)--Modiv Industrial, Inc. (“Modiv Industrial,” “Modiv” or the “Company”) (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate pr...

5 months ago - Business Wire

Modiv Industrial Earnings Call Transcript: Q3 2025

Management remains cautiously optimistic, focusing on asset recycling and balance sheet strength amid market volatility. A $300,000 one-time fee was recognized, and key property sales are expected by early 2026. Acquisition activity is increasing, but quality remains selective.

6 months ago - Transcripts

Modiv Industrial Announces Third Quarter 2025 Results

DENVER--(BUSINESS WIRE)--Modiv Industrial, Inc. (“Modiv Industrial,” “Modiv” or the “Company”) (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate, t...

6 months ago - Business Wire

Modiv Industrial Declares Monthly Distributions for Common Shareholders and Announces that it Will Report Third Quarter 2025 Financial Results on November 14, 2025

DENVER--(BUSINESS WIRE)--Modiv Industrial, Inc. (“Modiv Industrial,” “Modiv” or the “Company”) (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate pr...

7 months ago - Business Wire

Modiv Industrial Declares Quarterly Dividends for Preferred Shareholders

DENVER--(BUSINESS WIRE)--Modiv Industrial, Inc. (“Modiv Industrial,” “Modiv” or the “Company”) (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate pr...

8 months ago - Business Wire

Modiv Industrial Earnings Call Transcript: Q2 2025

Revenue grew 4% to $11.8M and AFFO rose 22% to $4.8M, driven by acquisitions and cost controls. Management plans to recycle $150M in legacy assets for accretive redeployment, while maintaining a strong balance sheet and fixed-rate debt.

9 months ago - Transcripts

Modiv Industrial Announces Second Quarter 2025 Results

DENVER--(BUSINESS WIRE)--Modiv Industrial, Inc. (“Modiv Industrial,” “Modiv” or the “Company”) (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate, t...

9 months ago - Business Wire

Modiv Industrial To Report Second Quarter 2025 Results on August 7, 2025

DENVER--(BUSINESS WIRE)--Modiv Industrial, Inc. (“Modiv” or the “Company”) (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate properties, today anno...

10 months ago - Business Wire

Modiv Industrial Declares Quarterly Dividends for Preferred Shareholders and Monthly Distributions for Common Shareholders

DENVER--(BUSINESS WIRE)--Modiv Industrial, Inc. (“Modiv Industrial,” “Modiv” or the “Company”) (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate pr...

11 months ago - Business Wire

Modiv files $250M mixed securities shelf

17:32 EDT Modiv (MDV) files $250M mixed securities shelf

1 year ago - TheFly

Modiv Provides Clarity on Reverse Stock Split Proposal

DENVER--(BUSINESS WIRE)--Modiv Industrial, Inc. (“Modiv Industrial”, “Modiv”, the “Company”, “we” or “our”), (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing ...

1 year ago - Business Wire

Modiv Industrial Earnings Call Transcript: Q1 2025

Q1 2025 saw stable performance with AFFO up 18% year-over-year and a focus on disciplined capital allocation. Portfolio remains strong with a 14.2-year average lease term, 47.6% leverage, and no debt maturities until 2027. Management is cautious on acquisitions amid market volatility.

1 year ago - Transcripts