Modiv Inc. (MDV)

NYSE: MDV · IEX Real-Time Price · USD
16.68
0.10 (0.60%)
At close: May 24, 2022 4:00 PM
17.10
0.42 (2.52%)
After-hours:May 24, 2022 7:27 PM EDT
Market Cap124.72M
Revenue (ttm)36.90M
Net Income (ttm)-11.66M
Shares Out7.48M
EPS (ttm)-1.56
PE Ration/a
Forward PEn/a
Dividend$0.38 (2.30%)
Ex-Dividend DateMay 27, 2022
Volume23,526
Open16.58
Previous Close16.58
Day's Range16.24 - 17.03
52-Week Range15.01 - 89.99
Betan/a
AnalystsBuy
Price Target23.97 (+43.7%)
Earnings DateMay 16, 2022

About MDV

Modiv acquires, owns and actively manages single-tenant net-lease retail, office and industrial properties throughout the United States, with a focus on strategically important and mission critical properties net leased primarily to investment grade tenants. We have created one of the largest non-listed REITs to be raised via crowdfunding technology. Driven by innovation, an investor-first focus and an experienced and dedicated management team, Modiv leveraged its history as a real estate crowdfunding pioneer to create a $400 million real estat...

IndustryREIT-Diversified
IPO DateFeb 11, 2022
CEOAaron S. Halfacre
Employees21
Stock ExchangeNYSE
Ticker SymbolMDV
Full Company Profile

Financial Performance

In 2021, Modiv's revenue was $36.22 million, a decrease of -6.25% compared to the previous year's $38.64 million. Losses were -$435,505, -99.11% less than in 2020.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for MDV stock is "Buy." The 12-month stock price forecast is 23.97, which is an increase of 43.71% from the latest price.

Price Target
$23.97
(43.71% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Modiv Announces First 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 portfo...

1 week ago - Business Wire

Modiv to Report First Quarter 2022 Financial Results on May 16

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 portfo...

4 weeks ago - Business Wire

Modiv Completes $56 Million Acquisition of Industrial Sale Leaseback Portfolio

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 portfo...

1 month ago - Business Wire

Modiv Announces Initiation of Equity Analyst Coverage by B. Riley Securities and EF Hutton with “Buy” Recommendations

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 portfo...

1 month ago - Business Wire

Modiv Announces Fourth Quarter and Full Year 2021 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 portfo...

2 months ago - Business Wire

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

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 portfo...

2 months ago - Business Wire

Modiv to Report Fourth Quarter and Full Year 2021 Financial Results on March 23

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 portfo...

2 months ago - Business Wire

Modiv Announces $20 Million Share Repurchase Program and Declares Monthly Dividends for Common Shareholders

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 portfo...

3 months ago - Business Wire