Modiv Industrial, Inc. (MDV)

NYSE: MDV · Real-Time Price · USD
15.81
+0.60 (3.94%)
Dec 20, 2024, 4:00 PM EST - Market closed
3.94%
Market Cap 168.63M
Revenue (ttm) 47.42M
Net Income (ttm) -584,412
Shares Out 10.67M
EPS (ttm) -0.07
PE Ratio n/a
Forward PE 31.53
Dividend $1.15 (7.27%)
Ex-Dividend Date Dec 31, 2024
Volume 70,438
Open 15.07
Previous Close 15.21
Day's Range 15.07 - 15.88
52-Week Range 13.27 - 18.11
Beta -0.25
Analysts Strong Buy
Price Target 18.00 (+13.85%)
Earnings Date Nov 6, 2024

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. [Read more]

Sector Real Estate
IPO Date Feb 11, 2022
Employees 12
Stock Exchange NYSE
Ticker Symbol MDV
Full Company Profile

Financial Performance

In 2023, Modiv Industrial's revenue was $47.22 million, an increase of 7.07% compared to the previous year's $44.10 million. Losses were -$10.30 million, 47.7% more than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for MDV stock is "Strong Buy" and the 12-month stock price forecast is $18.0.

Price Target
$18.0
(13.85% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

The High Yield Of The Preferred Stock Of Modiv Industrial Comes With Some Risk

Modiv Industrial's preferred stock offers a high yield and wide margin of safety, but its high debt load makes it vulnerable to severe downturns. The REIT has shown decent business momentum, with FFO ...

1 day ago - Seeking Alpha

Modiv Industrial: Solid Q3 Earnings And Dividend Bumped, But Still Not Buying

REITs vary in strategies; for instance, Realty Income Corporation is globally diversified, while Rexford Industrial Realty, Inc. focuses on Southern California industrial assets. Modiv Industrial spec...

6 weeks ago - Seeking Alpha

Modiv Industrial Declares Quarterly Dividends for Preferred Shareholders and Monthly Distributions for Common Shareholders and Reduces Discount Rate for Distribution Reinvestment Plan

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...

6 weeks ago - Business Wire

Modiv Industrial Inc. (MDV) Q3 2024 Earnings Call Transcript

Modiv Industrial Inc. (NYSE:MDV) Q3 2024 Earnings Conference Call November 6, 2024 11:00 AM ET Company Participants John Raney - Chief Operating Officer and General Counsel Aaron Halfacre - Chief Exe...

6 weeks ago - Seeking Alpha

Modiv Industrial Announces Third Quarter 2024 Results and Increases Dividend

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 ...

6 weeks ago - Business Wire

Modiv Industrial Announces Release Date for Third Quarter 2024 Results

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...

2 months ago - Business Wire

Yields Up To 9%: 3 REITs To Buy For 2025

Interest rates are now headed to lower levels. But REITs still offer up to 9% dividend yields. I highlight three of my favorite high yielding REITs for 2025.

Other symbols: ADCDEAEPRTIIPRNNNOVICI
2 months ago - Seeking Alpha

The Impressive Durability Of REIT Investments

REIT bankruptcies are incredibly rare. The nature of their business is very resilient. I present 5 reasons that make most REITs quasi indestructible.

Other symbols: AMHAMTDLRESSLANDOPSA
3 months ago - Seeking Alpha

Earn A Potential 7% Monthly Income By Owning These REITs

REITs still offer high yields, in excess of 7% in some cases. Some of these high yielders also pay monthly. I highlight two of my favorite to buy today.

Other symbols: ADCEPROVGSH
3 months ago - Seeking Alpha

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

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

3 months ago - Business Wire

Modiv Industrial: Good Diversification Option But No Distressed Valuation

Modiv Industrial is an industrial REIT focused primarily on Infrastructure, Automotive, and Aerospace/Defense tenants. The REIT has outperformed the Vanguard Real Estate Index ETF in 2024. I expect th...

4 months ago - Seeking Alpha

Modiv Industrial, Inc. (MDV) Q2 2024 Earnings Call Transcript

Modiv Industrial, Inc. (NYSE:MDV) Q2 2024 Earnings Conference Call August 6, 2024 10:30 AM ET Company Participants John Raney - COO and General Counsel Aaron Halfacre - CEO Ray Pacini - CFO Conferenc...

4 months ago - Seeking Alpha

Modiv Industrial Announces Second Quarter 2024 Results

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

4 months ago - Business Wire

Modiv Industrial to Report Second Quarter 2024 Financial Results on August 6

RENO, Nev.--(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 ...

5 months ago - Business Wire

The Pacific Institute Expands Leadership Team With New Appointments and Celebrates Strategic Evolution

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--The Pacific Institute Expands Leadership Team with New Appointments and Celebrates Strategic Evolution.

Other symbols: IBKR
5 months ago - Business Wire

Modiv Industrial: Unclear Growth But No Red Flags

Modiv Industrial is a REIT that has recently shifted its focus to industrial properties. The company has a limited history but has shown improvements in cash flow and a relatively healthy balance shee...

7 months ago - Seeking Alpha

Modiv Industrial, Inc. (MDV) Q1 2024 Earnings Call Transcript

Modiv Industrial, Inc. (NYSE:MDV) Q1 2024 Earnings Conference Call May 2, 2024 10:30 AM ET Company Participants John Raney - Chief Operating Officer and General Counsel Aaron Halfacre - President and...

8 months ago - Seeking Alpha

Modiv Industrial Announces First Quarter 2024 Results

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

8 months ago - Business Wire

Modiv Industrial to Report First Quarter 2024 Financial Results on May 2

RENO, Nev.--(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 ...

8 months ago - Business Wire

My Biggest REIT Wins And Lessons

I have suffered many losses over the years. But fortunately, I have had many more winners than losers. I discuss some of my best REIT investments and lessons that they taught me.

8 months ago - Seeking Alpha

10 Top REITs To Buy In 2024

REITs are offering a rare opportunity in 2024. Valuations are historically low and offer significant upside potential. Here are 10 REITs that deserve a "Buy" rating.

9 months ago - Seeking Alpha

Modiv Industrial: A 7.2% Dividend Yield From Made In The USA

Modiv Industrial is paying out a 7.2% dividend yield that's 140% covered by fourth-quarter AFFO. The REIT is solely focused on owning single-tenant net-lease industrial manufacturing properties in the...

9 months ago - Seeking Alpha

Modiv Industrial, Inc. (MDV) Q4 2024 Earnings Call Transcript

Modiv Industrial, Inc. (NYSE:MDV) Q4 2024 Earnings Conference Call March 4, 2024 8:30 AM ET Company Participants John Raney - Chief Operating Officer and General Counsel Aaron Halfacre - Chief Execut...

10 months ago - Seeking Alpha

Modiv Industrial Announces Fourth Quarter and Full Year 2023 Results

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

10 months ago - Business Wire

3 Reasons I Changed My Mind And Bought Modiv Industrial

Modiv Industrial is a small-cap net lease REIT that focuses on manufacturing properties in the US. The company has rebranded itself as Modiv Industrial and positioned itself to benefit from the trend ...

10 months ago - Seeking Alpha