Modiv Industrial (MDV) Expected to Announce Quarterly Earnings on Thursday

Modiv Industrial (NYSE:MDV - Get Free Report) is expected to release its Q1 2025 earnings data before the market opens on Thursday, May 1st. Analysts expect Modiv Industrial to post earnings of $0.28 per share for the quarter.

Modiv Industrial Trading Down 1.1 %

NYSE MDV traded down $0.19 during trading on Tuesday, hitting $16.64. 39,648 shares of the company traded hands, compared to its average volume of 33,127. Modiv Industrial has a 12 month low of $13.62 and a 12 month high of $18.11. The business has a fifty day simple moving average of $15.43 and a 200 day simple moving average of $15.60. The company has a market capitalization of $165.80 million, a P/E ratio of -151.23 and a beta of -0.24.

Modiv Industrial Announces Dividend

The business also recently announced a dividend, which will be paid on Thursday, May 15th. Shareholders of record on Wednesday, April 30th will be issued a dividend of $0.0975 per share. The ex-dividend date of this dividend is Wednesday, April 30th. Modiv Industrial's dividend payout ratio (DPR) is currently 468.00%.

Analyst Ratings Changes

Separately, B. Riley initiated coverage on Modiv Industrial in a research report on Tuesday, April 22nd. They issued a "buy" rating and a $18.00 price target on the stock.

About Modiv Industrial

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.