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NYSE:MDV

Modiv (MDV) Stock Forecast, Price & News

$14.83

-0.13 (-0.87%)

(As of 05/26/2023 07:00 PM ET)

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Today's Range: $14.68
▼
$14.96
50-Day Range: $10.33
▼
$14.99
52-Week Range: $9.61
▼
$19.25

Volume: 17,500 shs
Average Volume: 13,690 shs
Market Capitalization: $111.97 million

P/E Ratio: N/A
Dividend Yield: 7.75%
Price Target: $18.90

Modiv MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 27.4% Upside
$18.90 Price Target
Short Interest: Healthy
0.56% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.56
Based on 6 Articles This Week
Insider Trading: Acquiring Shares
$28,642 Bought Last Quarter
Proj. Earnings Growth: 6.06%
From $1.32 to $1.40 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.43 out of 5 stars

Finance Sector

476th out of 902 stocks

Real Estate Investment Trusts Industry

90th out of 188 stocks

3.5

Analyst's Opinion

Consensus Rating
Modiv has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $18.90, Modiv has a forecasted upside of 27.4% from its current price of $14.83.
Amount of Analyst Coverage
Modiv has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.56% of the float of Modiv has been sold short.
Short Interest Ratio / Days to Cover
Modiv has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Modiv has recently increased by 25.83%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Leadership
Modiv is a leading dividend payer. It pays a dividend yield of 7.75%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Modiv does not have a long track record of dividend growth.
Dividend Sustainability
Based on EPS estimates, Modiv will have a dividend payout ratio of 82.14% in the coming year. This indicates that Modiv may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MDV.

2.5

News and Social Media Coverage

News Sentiment
Modiv has a news sentiment score of 0.56. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.67 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Modiv this week, compared to 1 article on an average week.
Search Interest
Only 16 people have searched for MDV on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.
MarketBeat Follows
6 people have added Modiv to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Modiv insiders have bought more of their company's stock than they have sold. Specifically, they have bought $28,642.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 4.20% of the stock of Modiv is held by insiders.
Percentage Held by Institutions
Only 6.19% of the stock of Modiv is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Modiv are expected to grow by 6.06% in the coming year, from $1.32 to $1.40 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Modiv is -98.87, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Modiv is -98.87, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Modiv has a PEG Ratio of 1.87. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Modiv has a P/B Ratio of 0.46. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Modiv (NYSE:MDV) Stock

Modiv Inc., (the Company) was incorporated on May 14, 2015 as a Maryland corporation. The Company was formed to primarily invest, directly or indirectly, in real estate owning entities which own single-tenant income-producing properties located in the United States, which are leased to creditworthy tenants under long-term net leases. The Company's goal is to generate current income for investors and long-term capital appreciation in the value of its properties.

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MDV Stock News Headlines

May 28, 2023 | americanbankingnews.com

Modiv Inc. (MDV) To Go Ex-Dividend on May 30th

May 24, 2023 | americanbankingnews.com

Analysts Offer Predictions for Modiv Inc.'s Q2 2023 Earnings (NYSE:MDV)

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May 17, 2023 | americanbankingnews.com

Modiv (NYSE:MDV) Releases Earnings Results, Misses Estimates By $0.95 EPS

May 17, 2023 | americanbankingnews.com

Modiv (NYSE:MDV) Issues Earnings Results

May 16, 2023 | msn.com

EF Hutton Reiterates Modiv Inc - Class C (MDV) Buy Recommendation

May 15, 2023 | finance.yahoo.com

Modiv Inc. (MDV) Q1 FFO and Revenues Lag Estimates

May 15, 2023 | markets.businessinsider.com

Modiv Q1 FFO At $1.55 Mln; Revenue Up, But Misses Estimates

May 29, 2023 | Behind the Markets (Ad)

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May 15, 2023 | finance.yahoo.com

Modiv Announces First Quarter 2023 Results

May 11, 2023 | finance.yahoo.com

Modiv to Report First Quarter 2023 Financial Results on May 15

May 3, 2023 | finance.yahoo.com

MDV or CUBE: Which Is the Better Value Stock Right Now?

April 22, 2023 | americanbankingnews.com

Modiv Inc. Plans Dividend of $0.10 (NYSE:MDV)

March 28, 2023 | americanbankingnews.com

Modiv Inc. (NYSE:MDV) to Issue Monthly Dividend of $0.10

March 24, 2023 | americanbankingnews.com

Modiv (NYSE:MDV) & First Capital Real Estate Investment Trust (OTCMKTS:FCXXF) Head-To-Head Contrast

March 24, 2023 | americanbankingnews.com

Modiv Inc. (NYSE:MDV) Receives $18.90 Average Target Price from Analysts

February 23, 2023 | finance.yahoo.com

Modiv Inc. (MDV) Surpasses Q4 FFO and Revenue Estimates

February 23, 2023 | finance.yahoo.com

Modiv Announces Fourth Quarter and Full Year 2022 Results

February 10, 2023 | finance.yahoo.com

Modiv (NYSE:MDV) shareholders have endured a 80% loss from investing in the stock a year ago

February 6, 2023 | finance.yahoo.com

Modiv Inc. Announces Income Tax Treatment for 2022 Dividends and Distributions

January 23, 2023 | finance.yahoo.com

Modiv to Report Fourth Quarter and Fiscal Year 2022 Financial Results on February 23

November 16, 2022 | finance.yahoo.com

Modiv Third Quarter 2022 Earnings: EPS Beats Expectations, Revenues Lag

November 15, 2022 | seekingalpha.com

Modiv Inc.: High Cost Of Financing Leaves Little Scope For Expansion

November 15, 2022 | seekingalpha.com

Modiv, Inc. (MDV) Q3 2022 Earnings Call Transcript

November 14, 2022 | finance.yahoo.com

Modiv Announces Third Quarter 2022 Results

November 11, 2022 | finance.yahoo.com

Modiv Announces Initiation of Equity Analyst Coverage by Ladenburg Thalmann with a "Buy" Recommendation

November 3, 2022 | finance.yahoo.com

Modiv Inc.'s (NYSE:MDV) largest shareholders are individual investors with 78% ownership, insiders own 19%

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MDV Company Calendar

Ex-Dividend for 5/25 Dividend: 4/27/2023
Last Earnings: 5/15/2023
Dividend Payable: 5/25/2023
Today: 5/29/2023
Ex-Dividend for 7/25 Dividend: 6/29/2023
Dividend Payable: 7/25/2023
Next Earnings (Estimated): 8/10/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Real estate investment trusts
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:MDV
CUSIP: N/A
CIK: 1645873
Web: www.modiv.com
Phone: 888-686-6348
Fax: N/A
Employees: 20
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $18.90
High Stock Price Forecast: $22.00
Low Stock Price Forecast: $17.00
Forecasted Upside/Downside: +27.4%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.15)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 11.23
P/E Growth: 1.87
Net Income: $-3,290,000.00
Net Margins: 6.83%
Pretax Margin: 6.59%
Return on Equity: 1.30%
Return on Assets: 0.67%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.10
Quick Ratio: 0.10

Sales & Book Value

Annual Sales: $46.17 million
Price / Sales: 2.43
Cash Flow: $3.64 per share
Price / Cash Flow: 4.07
Book Value: $32.32 per share
Price / Book: 0.46

Miscellaneous

Outstanding Shares: 7,550,000
Free Float: 7,237,000
Market Cap: $111.97 million
Optionable: Not Optionable
Beta: -0.15

Key Executives

Mr. Aaron Scott Halfacre CFA(R) (Age 49)
Pres, CEO & Director
Comp: $250k

Mr. Raymond J. Pacini (Age 66)
Exec. VP, CFO, Sec. & Treasurer
Comp: $475k

Ms. Jennifer Barber (Age 29)
Chief Operating Officer

Mr. William R. Broms (Age 42)
Chief Investment Officer

Ms. Sandra G. Sciutto (Age 62)
Sr. VP & Chief Accounting Officer

Mr. John C. Raney (Age 40)
Chief Legal Officer & Gen. Counsel

Mr. Pierre Bradshaw
Sr. VP of Marketing

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MDV Stock - Frequently Asked Questions

Should I buy or sell Modiv stock right now?: 5 Wall Street equities research 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 equities research analysts is that investors should "buy" MDV shares.
View MDV analyst ratings or view top-rated stocks.
What is Modiv's stock price forecast for 2023?: 5 brokers have issued 12-month price objectives for Modiv's shares. Their MDV share price forecasts range from $17.00 to $22.00. On average, they predict 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.
How have MDV shares performed in 2023?: Modiv's stock was trading at $12.00 at the beginning of 2023. Since then, MDV stock has increased by 23.6% and is now trading at $14.83.
View the best growth stocks for 2023 here.
Are investors shorting Modiv?: 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 short-interest ratio is currently 2.3 days. Approximately 0.6% of the shares of the company are short sold.
View Modiv's Short Interest.
When is Modiv's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our MDV earnings forecast.
How were Modiv's earnings last quarter?: Modiv Inc. (NYSE:MDV) issued 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 company had revenue of $10.31 million for 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 period in the prior year, the business earned $0.29 earnings per share.
How often does Modiv pay dividends? What is the dividend yield for Modiv?: Modiv announced 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 dividend yield of 11.13%. The ex-dividend date is Thursday, April 27th.
Read our dividend analysis for MDV.

Is Modiv a good dividend stock?: Modiv (NYSE:MDV) pays an annual dividend of $1.15 per share and currently has a dividend yield of 7.75%. 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.
When did Modiv IPO?: (MDV) raised $1 million in an IPO on Friday, February 11th 2022. The company issued 40,000 shares at $25.00 per share.
What is Modiv's stock symbol?: Modiv trades on the New York Stock Exchange (NYSE) under the ticker symbol "MDV."
Who are Modiv's major shareholders?: Modiv's stock is owned by many different retail and institutional investors. Top institutional shareholders 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.
View institutional ownership trends.
How do I buy shares of Modiv?: 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.
What is Modiv's stock price today?: One share of MDV stock can currently be purchased for approximately $14.83.
How much money does Modiv make?: 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.
How can I contact Modiv?: 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.

This page (NYSE:MDV) was last updated on 5/29/2023 by MarketBeat.com Staff

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