Q4 Earnings Forecast for Modiv Industrial Issued By B. Riley

Modiv Industrial, Inc. (NYSE:MDVFree 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:MDVGet 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

Modiv Industrial stock opened at $16.00 on Monday. Modiv Industrial has a fifty-two week low of $13.50 and a fifty-two week high of $18.11. The firm has a market capitalization of $154.40 million, a PE ratio of -145.45, a P/E/G ratio of 2.44 and a beta of -0.21. The company’s 50-day moving average is $16.61 and its 200-day moving average is $15.58.

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

(Get Free Report)

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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Earnings History and Estimates for Modiv Industrial (NYSE:MDV)

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