Modiv Industrial (MDV) Projected to Post Quarterly Earnings on Thursday

Modiv Industrial (NYSE:MDV) is expected to be issuing its Q1 2025 quarterly earnings data before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of $0.28 per share for the quarter.

Modiv Industrial Stock Down 1.1 %

MDV stock opened at $16.64 on Wednesday. Modiv Industrial has a twelve month low of $13.62 and a twelve month high of $18.11. The business has a 50 day moving average price of $15.43 and a two-hundred day moving average price of $15.60. The company has a market cap of $165.80 million, a price-to-earnings ratio of -151.23 and a beta of -0.24.

Modiv Industrial Announces Dividend

The firm also recently announced a dividend, which will be paid on Thursday, May 15th. Stockholders of record on Wednesday, April 30th will be paid a dividend of $0.0975 per share. The ex-dividend date of this dividend is Wednesday, April 30th. Modiv Industrial’s dividend payout ratio is currently 468.00%.

Wall Street Analyst Weigh In

Separately, B. Riley started coverage on Modiv Industrial in a research note on Tuesday, April 22nd. They issued a “buy” rating and a $18.00 price target for the company.

About Modiv Industrial

Modiv Industrial, Inc is an internally managed REIT that is focused on single-tenant net-lease industrial manufacturing real estate. The Company actively acquires critical industrial manufacturing properties with long-term leases to tenants that fuel the national economy and strengthen the nation's supply chains.