Modiv Industrial, Inc. (MDV)
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]
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 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
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 ...
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...
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...
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...
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 ...
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...
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.
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: 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...
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...
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...
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 ...
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.
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...
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...
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: 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...
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...
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...
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 ...