Modiv Inc. (MDV)

NYSE: MDV · IEX Real-Time Price · USD
16.09
+0.55 (3.54%)
May 16, 2024, 4:00 PM EDT - Market closed
3.54%
Market Cap 149.55M
Revenue (ttm) 48.59M
Net Income (ttm) -2.81M
Shares Out 9.45M
EPS (ttm) -0.47
PE Ratio n/a
Forward PE 51.39
Dividend $1.15 (7.15%)
Ex-Dividend Date Jun 28, 2024
Volume 15,449
Open 15.53
Previous Close 15.54
Day's Range 15.53 - 16.10
52-Week Range 10.89 - 17.65
Beta -0.31
Analysts Strong Buy
Price Target 18.00 (+11.87%)
Earnings Date May 2, 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]

Sector Real Estate
IPO Date Feb 11, 2022
Employees 12
Stock Exchange NYSE
Ticker Symbol MDV
Full Company Profile

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 Statements

Analyst Forecast

According to one analyst, the rating for MDV stock is "Strong Buy" and the 12-month stock price forecast is $18.0.

Price Target
$18.0
(11.87% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

14 days ago - Business Wire

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 ...

17 days ago - Business Wire

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

RENO, Nev.--(BUSINESS WIRE)--Modiv Industrial Declares Quarterly Dividends for Preferred Shareholders and Monthly Distributions for Common Shareholders.

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

3 months ago - Business Wire

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 ...

Other symbols: GIPR
3 months ago - Accesswire

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...

Other symbols: GIPR
4 months ago - Business Wire

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...

6 months ago - Business Wire

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 ...

6 months ago - Business Wire

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...

7 months ago - Business Wire

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...

7 months ago - Business Wire

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...

8 months ago - Business Wire

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...

8 months ago - Business Wire

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...

Other symbols: GIPR
9 months ago - Accesswire

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...

9 months ago - Business Wire

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...

10 months ago - Business Wire

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 ...

11 months ago - Business Wire

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...

1 year ago - Business Wire

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 ...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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 ...

1 year 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...

1 year 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...

1 year 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...

1 year 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...

1 year ago - Business Wire