Modiv Inc. (MDV)

NYSE: MDV · IEX Real-Time Price · USD
12.02
-0.48 (-3.84%)
Feb 6, 2023, 1:35 PM EST - Market open
-3.84%
Market Cap 91.33M
Revenue (ttm) 37.96M
Net Income (ttm) -9.92M
Shares Out 7.49M
EPS (ttm) -1.36
PE Ratio n/a
Forward PE n/a
Dividend $1.05 (8.77%)
Ex-Dividend Date Dec 29, 2022
Volume 5,173
Open 12.01
Previous Close 12.50
Day's Range 12.01 - 12.71
52-Week Range 9.61 - 89.99
Beta n/a
Analysts Buy
Price Target 16.93 (+40.85%)
Earnings Date Feb 23, 2023

About MDV

Modiv Inc., (the “Company”) was incorporated on May 14, 2015 as a Maryland corporation. The Company was formed to primarily invest, directly or indirectly, in real estate owning entities which own single-tenant income-producing properties located in the United States, which are leased to creditworthy tenants under long-term net leases. The Company's goal is to generate current income for investors and long-term capital appreciation in the value of its properties. [Read more]

Sector Real Estate
IPO Date Feb 11, 2022
Employees 20
Stock Exchange NYSE
Ticker Symbol MDV
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 -$1.50 million, -96.95% less than in 2020.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for MDV stock is "Buy." The 12-month stock price forecast is $16.93, which is an increase of 40.85% from the latest price.

Price Target
$16.93
(40.85% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 ...

7 hours ago - Business Wire

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...

2 weeks ago - Business Wire

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...

2 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

Modiv Announces Expanded $400 Million Credit Facility

NEWPORT BEACH, Calif.

3 months ago - Business Wire

Modiv to Report Third Quarter 2022 Financial Results on November 14

NEWPORT BEACH, Calif.

3 months ago - Business Wire

MDV vs. EGP: Which Stock Is the Better Value Option?

MDV vs. EGP: Which Stock Is the Better Value Option?

Other symbols: EGP
4 months ago - Zacks Investment Research

Modiv Announces Initiation of Equity Analyst Coverage by Janney Montgomery Scott LLC 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 port...

4 months ago - Business Wire

MDV or EGP: Which Is the Better Value Stock Right Now?

MDV vs. EGP: Which Stock Is the Better Value Option?

Other symbols: EGP
4 months ago - Zacks Investment Research

MDV vs. OLP: Which Stock Is the Better Value Option?

MDV vs. OLP: Which Stock Is the Better Value Option?

Other symbols: OLP
5 months ago - Zacks Investment Research

Modiv Provides Business Update

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 por...

5 months ago - Business Wire

MDV vs. GLPI: Which Stock Should Value Investors Buy Now?

MDV vs. GLPI: Which Stock Is the Better Value Option?

Other symbols: GLPI
5 months ago - Zacks Investment Research

Modiv Announces Second 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 port...

6 months ago - Business Wire

Modiv to Report Second Quarter 2022 Financial Results on August 11

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 port...

7 months ago - Business Wire

Modiv Announces Conference Participation

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 port...

8 months ago - Business Wire

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 port...

9 months 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 port...

10 months 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 port...

10 months 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 port...

11 months 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 port...

11 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 port...

11 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 port...

11 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 port...

1 year ago - Business Wire