NASDAQ:MDRRMedalist Diversified REIT Stock Price, Forecast & News

Medalist Diversified REIT's stock was trading at $2.30 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MDRR shares have decreased by 21.7% and is now trading at $1.80. View which stocks have been most impacted by Coronavirus.

1 Wall Street 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, resulting in a consensus recommendation of "Buy." View analyst ratings for Medalist Diversified REIT.

Medalist Diversified REIT is scheduled to release its next quarterly earnings announcement on Tuesday, August 11th 2020. View our earnings forecast for Medalist Diversified REIT.

Medalist Diversified REIT Inc (NASDAQ:MDRR) released its earnings results on Thursday, May, 14th. The company reported ($0.38) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by $0.30. The business had revenue of $2.52 million for the quarter. Medalist Diversified REIT had a negative net margin of 43.80% and a negative return on equity of 18.76%. View Medalist Diversified REIT's earnings history.

Medalist Diversified REIT announced a quarterly dividend on Friday, November 29th. Stockholders of record on Tuesday, February 11th will be given a dividend of $0.125 per share on Tuesday, March 10th. This represents a $0.50 annualized dividend and a dividend yield of 27.78%. The ex-dividend date is Monday, February 10th. View Medalist Diversified REIT's dividend history.

1 equities research analysts have issued twelve-month price targets for Medalist Diversified REIT's shares. Their forecasts range from $6.00 to $6.00. On average, they expect Medalist Diversified REIT's share price to reach $6.00 in the next year. This suggests a possible upside of 233.3% from the stock's current price. View analysts' price targets for Medalist Diversified REIT.

Media coverage about MDRR stock has been trending extremely negative on Wednesday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Medalist Diversified REIT earned a news impact score of -4.3 on InfoTrie's scale. They also gave news stories about the company a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an impact on the company's share price in the next several days. View the latest news about Medalist Diversified REIT.

Medalist Diversified REIT saw a increase in short interest in June. As of June 30th, there was short interest totaling 5,900 shares, an increase of 5,800.0% from the June 15th total of 100 shares. Based on an average trading volume of 15,500 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the company's shares are short sold. View Medalist Diversified REIT's Current Options Chain.

Some companies that are related to Medalist Diversified REIT include AMEN Properties (AMEN), Tremont Mortgage Trust (TRMT), Wheeler Real Estate Investment Trust (WHLR), Stanley Furniture (STLY), Bimini Capital Managment (BMNM), Global Healthcare REIT (GBCS), Paragon Real Estate Equity Reit (PRLE), RAIT Financial Trust (RASF), American Hotel Income Properties REIT (AHOTF), American Spectrum Realty (AQQSQ), CubeSmart (YSI), CV (CVHL), Origen Financial (ORGN), Pacific Office Properties Trust (PCFO) and RioCan Real Estate Investment Trust (RIOCF). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Medalist Diversified REIT investors own include Blackline (BL), EQM Midstream Partners (EQM), Carnival (CCL), Chewy (CHWY), Coupa Software (COUP), Crowdstrike (CRWD), Enterprise Products Partners (EPD), Great Elm Capital (GECC), 3M (MMM) and Mplx (MPLX).

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

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

One share of MDRR stock can currently be purchased for approximately $1.80.

Medalist Diversified REIT has a market capitalization of $8.55 million and generates $8.27 million in revenue each year.

The official website for Medalist Diversified REIT is www.medalistreit.com.

Medalist Diversified REIT's mailing address is James Center Three 1051 E. Cary Street Suite 601, Richmond VA, 23219. The company can be reached via phone at 804-344-4435.