Medalist Diversified REIT (MDRR) Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Medalist Diversified REIT in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MDRR shares.
View MDRR analyst ratings or view top-rated stocks.

1 equities research analysts have issued 1-year target prices for Medalist Diversified REIT's shares. Their MDRR share price forecasts range from $10.00 to $10.00. On average, they predict the company's share price to reach $10.00 in the next twelve months. This suggests a possible upside of 89.4% from the stock's current price.
View analysts price targets for MDRR or view top-rated stocks among Wall Street analysts.

Medalist Diversified REIT's stock was trading at $5.6008 at the beginning of the year. Since then, MDRR shares have decreased by 5.7% and is now trading at $5.2794.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our MDRR earnings forecast.

Medalist Diversified REIT, Inc. (NASDAQ:MDRR) released its quarterly earnings data on Monday, November, 15th. The company reported ($0.40) earnings per share for the quarter, topping the consensus estimate of ($0.64) by $0.24. Medalist Diversified REIT had a negative net margin of 46.03% and a negative trailing twelve-month return on equity of 27.09%.

Medalist Diversified REIT declared a quarterly dividend on Wednesday, April 12th. Investors of record on Tuesday, April 25th will be paid a dividend of $0.08 per share on Friday, April 28th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 6.06%. The ex-dividend date of this dividend is Monday, April 24th. This is an increase from the stock's previous quarterly dividend of $0.01.
Read our dividend analysis for MDRR.

Medalist Diversified REIT (NASDAQ:MDRR) pays an annual dividend of $0.32 per share and currently has a dividend yield of 0.00%.
Read our dividend analysis for MDRR.

Medalist Diversified REIT's stock reverse split on Thursday, May 4th 2023. The 1-8 reverse split was announced on Thursday, May 4th 2023. The number of shares owned by shareholders was adjusted after the market closes on Thursday, May 4th 2023. An investor that had 100 shares of stock prior to the reverse split would have 13 shares after the split.

Based on aggregate information from My MarketBeat watchlists, some companies that other Medalist Diversified REIT investors own include BlackLine (BL), Advanced Micro Devices (AMD), Alliance Resource Partners (ARLP), B&G Foods (BGS), Brown & Brown (BRO), CrowdStrike (CRWD), Datadog (DDOG), Enterprise Products Partners (EPD) and Eaton (ETN).

Medalist Diversified REIT trades on the NASDAQ under the ticker symbol "MDRR."

Shares of MDRR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MDRR stock can currently be purchased for approximately $5.28.

Medalist Diversified REIT (NASDAQ:MDRR) has a market capitalization of $11.71 million and generates $10.57 million in revenue each year. The company earns $-4,770,000.00 in net income (profit) each year or ($1.75) on an earnings per share basis.

The company employs 2,018 workers across the globe.

Medalist Diversified REIT's mailing address is 11 S. 12TH STREET SUITE 401, RICHMOND VA, 23219. The official website for the company is www.medalistreit.com. The company can be reached via phone at (804) 344-5072 or via fax at 804-344-5072.