Streetbeat News

MDV

Modiv Inc.

https://www.modiv.com

Industry

REIT - Diversified

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.

Open

16.02

Mkt cap

153M

Volume

24K

High

16.08

P/E Ratio

-144.18

52-wk high

18.11

Low

15.71

Div yield

0.07

52-wk low

13.27

Modiv Industrial, Inc. (MDV) has been upgraded to a Zacks Rank #2 (Buy), indicating positive sentiment towards its earnings prospects, which could lead to a stock price increase.

Portfolio Pulse from

November 18, 2024 | 6:15 pm

Modiv Industrial Inc. (MDV) held its Q3 2024 earnings conference call, discussing financial performance and company updates. Key participants included executives and analysts from various financial institutions.

Portfolio Pulse from

November 06, 2024 | 8:30 pm

Modiv Industrial, Inc. (MDV) reported Q3 funds from operations (FFO) of $0.34 per share, meeting the Zacks Consensus Estimate and showing a slight increase from $0.33 per share a year ago.

Portfolio Pulse from

November 06, 2024 | 1:30 pm

Modiv Industrial has halted a joint venture deal for 20 U.S. manufacturing properties due to misunderstandings over time horizons. CEO Aaron Halfacre emphasizes risk management and shareholder value amid REIT equity changes and market shifts. The English Shore deal remains possible.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 8:32 pm

Modiv (NYSE:MDV) reported Q1 2024 FFO of $0.29 per share, missing the $0.31 estimate, and sales of $11.901M, below the $12.152M estimate. This represents a decrease in earnings and a miss in sales estimates compared to the same period last year, despite a 15.42% increase in sales.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 10:11 am

Alliance Global Partners has initiated coverage on Modiv Industrial (NYSE:MDV) with a Buy rating and set a price target of $18.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 11:33 am

Modiv reported a Q4 AFFO of $0.40 per share, down 41.18% from $0.68 YoY, with sales of $12.29M missing the $12.44M estimate, a 14.50% decrease from last year.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 11:45 am

Earnings reports for March 4, 2024, include a mix of expected losses and gains across various sectors. Notable companies like Sea, Global Ship Lease, and Stitch Fix are among those reporting, with projections ranging from significant losses to substantial earnings per share. This diverse earnings landscape provides insights into different industry performances.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 9:53 am

Modiv Inc. (MDV) reported a 12.9% increase in Q3 FFO to $0.35 per share, up from $0.31 YoY. Sales for the quarter were $12.50M, surpassing the $12.04M estimate and marking a 22.41% increase from $10.21M in the same period last year.

Portfolio Pulse from saritha@benzinga.com

November 13, 2023 | 12:02 pm

Numerous companies are scheduled to report their earnings on November 13, 2023, both before the bell and after. The list includes a wide range of industries and market caps, with some companies expected to report profits while others are anticipated to report losses. Key companies reporting include Tyson Foods, Henry Schein, and AECOM, with expected earnings per share of $0.29, $1.32, and $0.98 respectively. Other companies like IM Cannabis, Roivant Sciences, and Genius Sports are projected to report losses.

Portfolio Pulse from Benzinga Insights

November 13, 2023 | 11:40 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.