Modiv Industrial, Inc. (MDV)

NYSE: MDV · Real-Time Price · USD
17.65
+0.12 (0.68%)
At close: Jul 10, 2026, 4:00 PM EDT
17.67
+0.02 (0.11%)
After-hours: Jul 10, 2026, 7:00 PM EDT
Market Cap210.34M +47.4%
Revenue (ttm)47.01M +0.3%
Net Income-4.11M -95.1%
EPS-0.47
Shares Out 11.92M
PE Ration/a
Forward PE164.19
Dividend$1.20 (6.80%)
Ex-Dividend DateJul 31, 2026
Volume33,534
Open17.56
Previous Close17.53
Day's Range17.50 - 17.68
52-Week Range13.80 - 18.83
Beta-0.08
AnalystsHold
Price Target18.67 (+5.78%)
Earnings DateAug 6, 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 and is based in Denver, United States.

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

Financial Performance

Financial Statements

Analyst Summary

According to 6 analysts, the average rating for MDV stock is "Hold." The 12-month stock price target is $18.67, which is an increase of 5.78% from the latest price.

Price Target
$18.67
(5.78% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Modiv Industrial Proxy statement: Proxy filing

Modiv Industrial filed a proxy statement on June 24, 2026, providing details for shareholder voting and corporate governance matters.

18 days ago - Filings

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...

4 weeks ago - Business Wire

Modiv Industrial Quarterly report: Q1 2026

Modiv Industrial has published its Q1 2026 quarterly earnings report on May 8, 2026.

2 months ago - Filings

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…

2 months 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…

2 months 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…

2 months 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
2 months 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
2 months 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.

3 months ago - Transcripts

Modiv Industrial Earnings release: Q4 2025

Modiv Industrial released its Q4 2025 earnings on March 25, 2026, summarizing the period's financial results.

3 months ago - Filings

Modiv Industrial Annual report: Q4 2025

Modiv Industrial has published its Q4 2025 annual report on March 25, 2026.

3 months ago - Filings

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...

3 months 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...

4 months 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

5 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...

6 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…

6 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…

6 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...

6 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...

7 months ago - Business Wire

Modiv Industrial Earnings Call Transcript: Q3 2025

Management remains cautiously optimistic amid market volatility, focusing on asset recycling and selective acquisitions. A one-time $300,000 fee was recognized, and property sales are expected to modestly reduce expenses. Cap rates for acquisitions are mainly in the 7% range.

8 months ago - Transcripts

Modiv Industrial Earnings release: Q3 2025

Modiv Industrial released its Q3 2025 earnings on November 14, 2025, summarizing the period's financial results.

8 months ago - Filings

Modiv Industrial Quarterly report: Q3 2025

Modiv Industrial has published its Q3 2025 quarterly earnings report on November 14, 2025.

8 months ago - Filings

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...

8 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...

9 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...

10 months ago - Business Wire