Modiv Industrial, Inc. (NYSE:MDV – Free Report) – Investment analysts at B. Riley increased their Q4 2024 earnings per share (EPS) estimates for Modiv Industrial in a report released on Thursday, November 14th. B. Riley analyst B. Maher now anticipates that the company will earn $0.33 per share for the quarter, up from their previous forecast of $0.32. The consensus estimate for Modiv Industrial’s current full-year earnings is $1.32 per share. B. Riley also issued estimates for Modiv Industrial’s Q2 2025 earnings at $0.36 EPS, Q3 2025 earnings at $0.33 EPS, Q4 2025 earnings at $0.37 EPS, FY2025 earnings at $1.36 EPS and Q2 2026 earnings at $0.38 EPS.
Modiv Industrial (NYSE:MDV – Get Free Report) last issued its quarterly earnings results on Wednesday, November 6th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.34 by ($0.52). Modiv Industrial had a net margin of 6.72% and a return on equity of 1.42%. The company had revenue of $11.59 million for the quarter, compared to analyst estimates of $11.90 million. During the same period last year, the company posted $0.33 earnings per share.
Modiv Industrial Price Performance
Institutional Investors Weigh In On Modiv Industrial
Several hedge funds have recently added to or reduced their stakes in MDV. Daiwa Securities Group Inc. bought a new position in shares of Modiv Industrial in the third quarter valued at about $45,000. Barclays PLC bought a new stake in shares of Modiv Industrial during the 3rd quarter worth about $87,000. Hollencrest Capital Management acquired a new position in Modiv Industrial in the 3rd quarter valued at about $90,000. Marshall Wace LLP bought a new position in Modiv Industrial in the 2nd quarter valued at about $143,000. Finally, Bailard Inc. acquired a new stake in Modiv Industrial during the second quarter worth approximately $149,000. Institutional investors and hedge funds own 8.21% of the company’s stock.
Modiv Industrial Increases Dividend
The firm also recently disclosed a monthly dividend, which will be paid on Friday, April 25th. Stockholders of record on Monday, March 31st will be given a $0.0975 dividend. This represents a $1.17 dividend on an annualized basis and a dividend yield of 7.31%. This is a boost from Modiv Industrial’s previous monthly dividend of $0.10. The ex-dividend date of this dividend is Monday, March 31st. Modiv Industrial’s dividend payout ratio (DPR) is presently -1,045.45%.
Modiv Industrial Company Profile
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.
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