Modiv Industrial (NYSE:MDV – Get Free Report) is scheduled to release its earnings data before the market opens on Thursday, May 2nd. Analysts expect Modiv Industrial to post earnings of $0.33 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.
Modiv Industrial (NYSE:MDV – Get Free Report) last released its quarterly earnings results on Monday, March 4th. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.35). Modiv Industrial had a negative net margin of 14.09% and a negative return on equity of 2.82%. The company had revenue of $12.29 million during the quarter, compared to the consensus estimate of $12.53 million. During the same quarter last year, the firm posted $0.68 EPS. On average, analysts expect Modiv Industrial to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Modiv Industrial Stock Up 0.2 %
Shares of NYSE MDV traded up $0.03 during trading on Tuesday, reaching $14.96. The company had a trading volume of 9,346 shares, compared to its average volume of 26,368. The company’s fifty day moving average price is $15.42 and its 200-day moving average price is $15.18. Modiv Industrial has a 12 month low of $10.70 and a 12 month high of $19.12. The stock has a market cap of $140.47 million, a P/E ratio of -10.47, a PEG ratio of 2.18 and a beta of -0.31.
Modiv Industrial Announces Dividend
Insider Transactions at Modiv Industrial
In related news, major shareholder First City Investment Group, L sold 3,654 shares of the stock in a transaction that occurred on Tuesday, March 26th. The stock was sold at an average price of $17.02, for a total transaction of $62,191.08. Following the completion of the sale, the insider now directly owns 651,972 shares of the company’s stock, valued at $11,096,563.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last ninety days, insiders purchased 1,045 shares of company stock valued at $15,597 and sold 5,953 shares valued at $101,438. Company insiders own 4.60% of the company’s stock.
Wall Street Analysts Forecast Growth
Separately, Alliance Global Partners assumed coverage on Modiv Industrial in a research report on Monday. They set a “buy” rating and a $18.00 target price on the stock.
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.
Recommended Stories
- Five stocks we like better than Modiv Industrial
- ESG Stocks, What Investors Should Know
- NXP Semiconductors Will Set a New High Soon: $300 in Sight
- Insider Trading – What You Need to Know
- Hilton Demonstrates Asset Light is Right for Investors
- What is Short Interest? How to Use It
- Boston Scientific Bucks the Medtech Slow Down and Raises Outlook
Receive News & Ratings for Modiv Industrial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Modiv Industrial and related companies with MarketBeat.com's FREE daily email newsletter.