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

Modiv Industrial, Inc. (NYSE:MDV) – Research analysts at B. Riley boosted their Q4 2024 earnings per share estimates for shares of Modiv Industrial in a report released on Thursday, November 14th. B. Riley analyst B. Maher now expects 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 Price Performance

Modiv Industrial stock opened at $16.15 on Monday. Modiv Industrial has a one year low of $13.50 and a one year high of $18.11. The firm has a market capitalization of $155.78 million, a P/E ratio of -146.82, a PEG ratio of 2.44 and a beta of -0.21. The business has a fifty day moving average price of $16.60 and a 200-day moving average price of $15.59.

Modiv Industrial (NYSE:MDV) last released its earnings results on Wednesday, November 6th. The company reported ($0.18) earnings per share (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 business had revenue of $11.59 million during the quarter, compared to the consensus estimate of $11.90 million. During the same period in the prior year, the company earned $0.33 earnings per share.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Bailard Inc. bought a new stake in shares of Modiv Industrial in the second quarter worth about $149,000. Dimensional Fund Advisors LP raised its holdings 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 during the last quarter. Naviter Wealth LLC purchased a new stake in Modiv Industrial during the 3rd quarter valued at $177,000. Marshall Wace LLP purchased a new stake in Modiv Industrial during the 2nd quarter valued at $143,000. Finally, Hollencrest Capital Management purchased a new stake in Modiv Industrial during the 3rd quarter valued at $90,000. Hedge funds and other institutional investors own 8.21% of the company’s stock.

Modiv Industrial Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, April 25th. Shareholders of record on Monday, March 31st will be given a dividend of $0.0975 per share. This is an increase from Modiv Industrial’s previous monthly dividend of $0.10. The ex-dividend date is Monday, March 31st. This represents a $1.17 dividend on an annualized basis and a yield of 7.24%. 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.