Modiv Industrial (MDV) Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Modiv Industrial in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MDV shares.
View MDV analyst ratings or view top-rated stocks.

3 Wall Street analysts have issued 12-month target prices for Modiv Industrial's stock. Their MDV share price forecasts range from $17.00 to $20.00. On average, they predict the company's share price to reach $18.13 in the next year. This suggests a possible upside of 14.9% from the stock's current price.
View analysts price targets for MDV or view top-rated stocks among Wall Street analysts.

Modiv Industrial's stock was trading at $12.00 at the beginning of the year. Since then, MDV shares have increased by 31.4% and is now trading at $15.77.
View the best growth stocks for 2023 here.

Modiv Industrial saw a increase in short interest in August. As of August 31st, there was short interest totaling 21,000 shares, an increase of 68.0% from the August 15th total of 12,500 shares. Based on an average daily trading volume, of 15,000 shares, the short-interest ratio is currently 1.4 days. Currently, 0.3% of the shares of the stock are sold short.
View Modiv Industrial's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023.
View our MDV earnings forecast.

Modiv Industrial, Inc. (NYSE:MDV) issued its quarterly earnings data on Monday, May, 15th. The company reported ($0.62) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.33 by $0.95. The company had revenue of $10.31 million for the quarter, compared to analysts' expectations of $11.07 million. Modiv Industrial had a trailing twelve-month return on equity of 2.05% and a net margin of 10.49%. During the same quarter last year, the firm posted $0.29 EPS.

Modiv Industrial declared a monthly dividend on Tuesday, June 20th. Investors of record on Friday, September 29th will be paid a dividend of $0.0958 per share on Wednesday, October 25th. This represents a $1.15 annualized dividend and a dividend yield of 7.29%. The ex-dividend date is Thursday, September 28th.
Read our dividend analysis for MDV.

Modiv Industrial (NYSE:MDV) pays an annual dividend of $1.15 per share and currently has a dividend yield of 7.90%. MDV has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 1,916.67%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, MDV will have a dividend payout ratio of 92.00% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for MDV.

(MDV) raised $1 million in an initial public offering (IPO) on Friday, February 11th 2022. The company issued 40,000 shares at $25.00 per share.

Modiv Industrial trades on the New York Stock Exchange (NYSE) under the ticker symbol "MDV."

Modiv Industrial's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (1.22%), State of New Jersey Common Pension Fund D (0.52%), Mercer Global Advisors Inc. ADV (0.16%) and Perritt Capital Management Inc. (0.15%). Insiders that own company stock include Aaron Scott Halfacre, Connie Tirondola, Kimberly J Smith, Raymond J Pacini and Thomas H Nolan Jr.
View institutional ownership trends.

Shares of MDV 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.
Compare Top Brokerages Here.

One share of MDV stock can currently be purchased for approximately $15.77.

Modiv Industrial (NYSE:MDV) has a market capitalization of $118.98 million and generates $48.61 million in revenue each year. The company earns $-3,290,000.00 in net income (profit) each year or $0.06 on an earnings per share basis.

The official website for the company is www.modiv.com. The company can be reached via phone at 888-686-6348 or via email at ir@modiv.com.