B. Riley Forecasts Modiv Industrial’s Q4 Earnings (NYSE:MDV)

Modiv Industrial, Inc. (NYSE:MDV) – Equities research analysts at B. Riley boosted their Q4 2024 EPS estimates for shares of Modiv Industrial in a research note issued to investors on Thursday, November 14th. B. Riley analyst B. Maher now forecasts that the company will earn $0.33 per share for the quarter, up from their prior estimate 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 Price Performance

Shares of Modiv Industrial stock opened at $16.13 on Monday. The company has a market capitalization of $155.65 million, a P/E ratio of -146.64, a PEG ratio of 2.44 and a beta of -0.21. The business’s fifty day moving average price is $16.61 and its two-hundred day moving average price is $15.58. Modiv Industrial has a 1-year low of $13.50 and a 1-year high of $18.11.

Modiv Industrial (NYSE:MDV) last posted its quarterly earnings results on Wednesday, November 6th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.52). The business had revenue of $11.59 million during the quarter, compared to the consensus estimate of $11.90 million. Modiv Industrial had a return on equity of 1.42% and a net margin of 6.72%. During the same quarter in the previous year, the business posted $0.33 earnings per share.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of MDV. Geode Capital Management LLC boosted its stake in shares of Modiv Industrial by 25.3% during the 3rd quarter. Geode Capital Management LLC now owns 91,777 shares of the company’s stock worth $1,543,000 after acquiring an additional 18,549 shares in the last quarter. Renaissance Technologies LLC grew its holdings in shares of Modiv Industrial by 20.2% during the second quarter. Renaissance Technologies LLC now owns 47,100 shares of the company’s stock valued at $666,000 after buying an additional 7,900 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Modiv Industrial by 56.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 22,929 shares of the company’s stock worth $324,000 after acquiring an additional 8,314 shares in the last quarter. State Street Corp grew its stake in Modiv Industrial by 16.3% during the 3rd quarter. State Street Corp now owns 15,135 shares of the company’s stock valued at $256,000 after acquiring an additional 2,121 shares in the last quarter. Finally, Asset Management One Co. Ltd. acquired a new stake in shares of Modiv Industrial during the third quarter worth approximately $212,000. 8.21% of the stock is owned by institutional investors and hedge funds.

Modiv Industrial Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, April 25th. Stockholders of record on Monday, March 31st will be given a dividend of $0.0975 per share. The ex-dividend date of this dividend is Monday, March 31st. This is a boost from Modiv Industrial’s previous monthly dividend of $0.10. This represents a $1.17 annualized dividend and a dividend yield of 7.25%. Modiv Industrial’s dividend payout ratio (DPR) is -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.