Modiv Inc. (MDV)
| Market Cap | 131.87M |
| Revenue (ttm) | 48.59M |
| Net Income (ttm) | -2.81M |
| Shares Out | 9.45M |
| EPS (ttm) | -0.47 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $1.15 (8.24%) |
| Ex-Dividend Date | Sep 30, 2024 |
| Volume | 9,123 |
| Open | 13.92 |
| Previous Close | 13.89 |
| Day's Range | 13.89 - 14.11 |
| 52-Week Range | 10.89 - 17.65 |
| Beta | -0.22 |
| Analysts | Strong Buy |
| Price Target | 18.00 (+29.03%) |
| Earnings Date | Aug 12, 2024 |
About MDV
Modiv Industrial, Inc. (the "Company") was incorporated on May 15, 2015 as a Maryland corporation. The Company changed its name from Modiv Inc. to Modiv Industrial, Inc., effective August 11, 2023, upon achieving a super-majority of industrial properties in its portfolio. The Company holds its investments in real property primarily through special purpose limited liability companies which are wholly-owned subsidiaries of Modiv Operating Partnership, LP, a Delaware limited partnership (the "Operating Partnership"). The Operating Partnership was ... [Read more]
Financial Performance
In 2023, Modiv's revenue was $46.94 million, an increase of 7.11% compared to the previous year's $43.82 million. Losses were -$10.30 million, 47.7% more than in 2022.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for MDV stock is "Strong Buy" and the 12-month stock price forecast is $18.0.
News
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...
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...
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 ...
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...
Modiv Industrial to Report Fourth Quarter 2023 Results on March 4th
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...
Generation Income Properties (NASDAQ: GIPR) Issues 2,794,597 Shares of Its Common Stock
TAMPA, FL / ACCESSWIRE / January 31, 2024 / Generation Income Properties, Inc. (NASDAQ:GIPR) ("GIP" or the "Company") issued 2,794,597 shares of its common stock in redemption of all 2,400,000 issued ...
Modiv Industrial Declares Distribution of GIPR Common Shares
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...
Modiv Industrial Announces Third Quarter 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 manufactur...
Modiv Industrial to Report Third Quarter 2023 Financial Results on November 13
RENO, Nev.--(BUSINESS WIRE)--Modiv Industrial, Inc. (“Modiv Industrial” or the “Company”) (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate, today ...
Modiv Industrial Declares Monthly Cash Distributions for Common Shareholders and Anticipates Distributing GIPR Common Shares
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...
Modiv Industrial Celebrates National Manufacturing Day
RENO, Nev.--(BUSINESS WIRE)--Modiv Industrial, Inc. (“Modiv Industrial” or “Modiv”) (NYSE:MDV), as the only public REIT exclusively focused on acquiring industrial manufacturing real estate, wishes to...
Modiv Industrial Honors the American Manufacturing Industry
RENO, Nev.--(BUSINESS WIRE)--Modiv Industrial, Inc. (“Modiv Industrial” or “Modiv”) (NYSE:MDV) today announced that they will ring The Closing Bell® at the New York Stock Exchange at 4:00 p.m. ET on F...
Modiv Industrial Declares Quarterly Dividends for Preferred Shareholders
RENO, Nev.--(BUSINESS WIRE)--Modiv Industrial, Inc. (“Modiv Industrial” or the “Company”) (NYSE:MDV), an internally managed real estate investment trust (“REIT”) that acquires, owns and manages a port...
Generation Income Properties (Nasdaq: GIPR) Completes Acquisition of $42 Million, Thirteen (13) Property Portfolio
TAMPA, FL / ACCESSWIRE / August 14, 2023 / Generation Income Properties, Inc. (NASDAQ:GIPR) ("GIPR" or the "Company") announced the closing of a 13-property portfolio for total consideration of $42 mi...
Modiv Announces Second Quarter 2023 Results
RENO, Nev.--(BUSINESS WIRE)--Modiv Industrial, Inc. (“Modiv Industrial” or the “Company”, formerly known as Modiv Inc.) (NYSE:MDV), an internally managed real estate investment trust (“REIT”) that act...
Modiv to Report Second Quarter 2023 Financial Results on August 14
RENO, Nev.--(BUSINESS WIRE)--Modiv Inc. (“Modiv” or the “Company”) (NYSE:MDV), an internally managed real estate investment trust (“REIT”) that actively acquires, owns and manages a portfolio of singl...
Modiv Declares Quarterly Dividends for Preferred Shareholders, Monthly Distributions for Common Shareholders
RENO, Nev.--(BUSINESS WIRE)--Modiv Inc. (“Modiv” or the “Company”) (NYSE:MDV), an internally managed real estate investment trust (“REIT”) that acquires, owns and manages a portfolio of single-tenant ...
Modiv Announces First Quarter 2023 Results
RENO, Nevada--(BUSINESS WIRE)--Modiv Inc. (“Modiv” or the “Company”) (NYSE:MDV), an internally managed real estate investment trust (“REIT”) that actively acquires, owns, and manages a portfolio of si...
Modiv to Report First Quarter 2023 Financial Results on May 15
RENO, Nev.--(BUSINESS WIRE)--Modiv Inc. (“Modiv” or the “Company”) (NYSE:MDV), an internally managed real estate investment trust (“REIT”) that acquires, owns and manages a portfolio of single-tenant ...
Modiv Announces Fourth Quarter and Full Year 2022 Results
RENO, Nev.--(BUSINESS WIRE)--Modiv Inc. (“Modiv” or the “Company”) (NYSE:MDV), an internally managed real estate investment trust (“REIT”) that acquires, owns, and manages a portfolio of single-tenant...
Modiv Inc. Announces Income Tax Treatment for 2022 Dividends and Distributions
RENO, Nev.--(BUSINESS WIRE)--Modiv Inc. (“Modiv,” “we,” “our,” or the “Company;” NYSE: MDV and MDV.PA), today announced the estimated Federal income tax treatment of the Company's 2022 dividends on ...
Modiv to Report Fourth Quarter and Fiscal Year 2022 Financial Results on February 23
RENO, Nev.--(BUSINESS WIRE)--Modiv Inc. (“Modiv” or the “Company”) (NYSE:MDV), an internally managed real estate investment trust (“REIT”) that acquires, owns and manages a portfolio of single-tenan...
Modiv to Present at Sidoti Virtual Investor Conference December 7-8
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Modiv Inc. (“Modiv” or the “Company”) (NYSE:MDV), an internally managed real estate investment trust (“REIT”) that acquires, owns, and manages a diversified p...
Modiv Announces Third Quarter 2022 Results
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Modiv Inc. (“Modiv” or the “Company”) (NYSE:MDV), an internally managed real estate investment trust (“REIT”) that acquires, owns, and manages a diversified p...
Modiv Announces Initiation of Equity Analyst Coverage by Ladenburg Thalmann with a “Buy” Recommendation
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Modiv Inc. (“Modiv” or the “Company”) (NYSE:MDV), an internally managed real estate investment trust (“REIT”) that acquires, owns and manages a diversified po...