Modiv (MDV) Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Modiv in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MDV shares.
View MDV analyst ratings or view top-rated stocks.

5 Wall Street research analysts have issued 12 month price objectives for Modiv's stock. Their MDV share price forecasts range from $17.00 to $22.00. On average, they expect the company's stock price to reach $18.90 in the next twelve months. This suggests a possible upside of 27.4% from the stock's current price.
View analysts price targets for MDV or view top-rated stocks among Wall Street analysts.

Modiv's stock was trading at $12.00 at the beginning of the year. Since then, MDV shares have increased by 23.6% and is now trading at $14.83.
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Modiv saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 34,100 shares, an increase of 25.8% from the April 30th total of 27,100 shares. Based on an average daily volume of 14,700 shares, the days-to-cover ratio is presently 2.3 days. Approximately 0.6% of the company's shares are short sold.
View Modiv's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our MDV earnings forecast.

Modiv Inc. (NYSE:MDV) released its earnings results 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 business earned $10.31 million during the quarter, compared to analyst estimates of $11.07 million. Modiv had a trailing twelve-month return on equity of 1.30% and a net margin of 6.83%. During the same quarter in the prior year, the company earned $0.29 EPS.

Modiv declared a dividend on Friday, April 21st. Investors of record on Friday, April 28th will be paid a dividend of $0.0958 per share on Thursday, May 25th. This represents a yield of 11.13%. The ex-dividend date of this dividend is Thursday, April 27th.
Read our dividend analysis for MDV.

Modiv (NYSE:MDV) pays an annual dividend of $1.15 per share and currently has a dividend yield of 7.86%. MDV has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "MDV."

Modiv's stock is owned by a variety of retail and institutional investors. Top institutional investors include Integrated Wealth Concepts LLC (0.17%), Renaissance Technologies LLC (0.14%) and Tower Research Capital LLC TRC (0.04%). Insiders that own company stock include Aaron Scott Halfacre, Connie Tirondola, Kimberly J Smith, Raymond J Pacini and Thomas H Nolan Jr.
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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.
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One share of MDV stock can currently be purchased for approximately $14.83.

Modiv (NYSE:MDV) has a market capitalization of $111.97 million and generates $46.17 million in revenue each year. The company earns $-3,290,000.00 in net income (profit) each year or ($0.15) 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.