Modiv Inc., (the Company) was incorporated on May 14, 2015 as a Maryland corporation. The Company was formed to primarily invest, directly or indirectly, in real estate owning entities which own single-tenant income-producing properties located in the United States, which are leased to creditworthy tenants under long-term net leases. The Company's goal is to generate current income for investors and long-term capital appreciation in the value of its properties.
IPO Year: 2022
Exchange: NYSE
Website: https://www.modiv.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
4/29/2024 | $18.00 | Buy | Alliance Global Partners |
9/30/2022 | $20.00 | Buy | Janney |
6/6/2022 | $22.00 | Buy | Colliers Securities |
3/30/2022 | $24.00 | Buy | B. Riley Securities |
8-K - MODIV INDUSTRIAL, INC. (0001645873) (Filer)
8-K - MODIV INDUSTRIAL, INC. (0001645873) (Filer)
8-K - MODIV INDUSTRIAL, INC. (0001645873) (Filer)
8-K - MODIV INDUSTRIAL, INC. (0001645873) (Filer)
10-Q - MODIV INDUSTRIAL, INC. (0001645873) (Filer)
8-K - MODIV INDUSTRIAL, INC. (0001645873) (Filer)
DEF 14A - MODIV INDUSTRIAL, INC. (0001645873) (Filer)
8-K - Modiv Industrial, Inc. (0001645873) (Filer)
424B3 - Modiv Industrial, Inc. (0001645873) (Filer)
8-K - Modiv Industrial, Inc. (0001645873) (Filer)
4 - MODIV INDUSTRIAL, INC. (0001645873) (Issuer)
4 - MODIV INDUSTRIAL, INC. (0001645873) (Issuer)
4 - MODIV INDUSTRIAL, INC. (0001645873) (Issuer)
4 - MODIV INDUSTRIAL, INC. (0001645873) (Issuer)
4 - MODIV INDUSTRIAL, INC. (0001645873) (Issuer)
4 - MODIV INDUSTRIAL, INC. (0001645873) (Issuer)
4 - MODIV INDUSTRIAL, INC. (0001645873) (Issuer)
4 - MODIV INDUSTRIAL, INC. (0001645873) (Issuer)
4 - MODIV INDUSTRIAL, INC. (0001645873) (Issuer)
4 - MODIV INDUSTRIAL, INC. (0001645873) (Issuer)
Modiv Industrial, Inc. ("Modiv Industrial," "Modiv" or the "Company") (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate properties, announced the tax treatment for its 2024 common stock and preferred stock dividends. Total Common Stock Distributions Paid in 2024: $ 2.31480 (a) Ordinary Income Portion of Distributions $ 0.37338 (16.13%) Non-Taxable Distributions (Return of Capital) $ 1.94142 (83.87%) (a) Includes $1.1648 per share distribution of Generation Income Properties, Inc. common stock on January 31, 2024 Total Series A Preferred Stock Dividends Paid in 2024: $
Modiv Industrial, Inc. ("Modiv Industrial," "Modiv" or the "Company") (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate properties, announced the declaration of a regular quarterly cash dividend of $0.4609375 per share on the Company's 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock, $0.001 par value per share (the "Series A Preferred Stock"), for the fourth quarter of 2024 and the declaration of a regular monthly cash distribution of $0.0975 per share on the Company's Class C common stock, $0.001 par value per share (the "Common Stock"), for each of January, February and March 2025, representing an annual distribution rat
Modiv Industrial, Inc. ("Modiv Industrial", "Modiv", the "Company", "we" or "our"), (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate, today announced operating results for the third quarter ended September 30, 2024. The following is a statement from Aaron Halfacre, CEO of Modiv Industrial: "The past few months the American public has been bombarded with so many hyperactive headlines and speculative soundbites, both political and economic. The pummeling and abrasion from all the information noise have led to fatigue and frustration. Many of us just want to get back to living. Some of you, at least right now, might be tired of the opinio
Provides Business Update Modiv Industrial, Inc. ("Modiv" or the "Company") (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate properties, today announced that it will report third quarter 2024 financial results for the quarter ended September 30, 2024 before the market opens on Wednesday, November 6, 2024. Management will host a conference call the same day at 11:00 a.m. Eastern Time to discuss the results. Live conference call: 1-877-407-0789 or 1-201-689-8562 at 11:00 a.m. Eastern Time, Wednesday, November 6th. Webcast: To listen to the webcast, either live or archived, use this link https://viavid.webcasts.com/starthere.jsp?ei=169349
Modiv Industrial, Inc. ("Modiv Industrial," "Modiv" or the "Company") (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate properties, announced the declaration of a regular quarterly cash dividend of $0.4609375 per share on the Company's 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock, $0.001 par value per share (the "Series A Preferred Stock"), for the third quarter of 2024 and the declaration of a regular monthly cash distribution of $0.09583 per share on the Company's Class C common stock, $0.001 par value per share (the "Common Stock"), for each of October, November and December 2024. On July 31, 2024, the Board of Dir
Modiv Industrial, Inc. ("Modiv Industrial", "Modiv", the "Company", "we" or "our"), (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate, today announced operating results for the second quarter ended June 30, 2024. Highlights: Second quarter rental income of $11.3 million. Due to the elimination of some non-NNN tenant reimbursements related to the August 2023 portfolio disposition of 13 properties, rental income decreased $493,000. Concurrently during the quarter, we benefited from an $834,000 decrease in property expenses and $179,000 decrease in G&A. Second quarter AFFO of $3.9 million increased by $575,000, or 17.3% year over
Modiv Industrial, Inc. ("Modiv Industrial," "Modiv" or the "Company") (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate properties, announced the declaration of a regular quarterly cash dividend of $0.4609375 per share on the Company's 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock, $0.001 par value per share (the "Series A Preferred Stock"), for the second quarter of 2024 and the declaration of a regular monthly cash distribution of $0.09583 per share on the Company's Class C common stock, $0.001 par value per share (the "Common Stock"), for each of July, August and September 2024. On May 1, 2024, the Board of Director
Management Provides NAV per share and Forward-Looking Thoughts Modiv Industrial, Inc. ("Modiv Industrial", "Modiv", the "Company", "we" or "our"), (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate, today announced operating results for the first quarter ended March 31, 2024. Highlights: First quarter rental income of $11.9 million increased $1.6 million, or 15.4% year-over-year. First quarter AFFO of $3.3 million increased $0.2 million, or 6.6% year-over year. Received $1.4 million non-refundable deposit, following the completion of due diligence, on the previously announced disposition of our Issaquah, Washington office prop
Modiv Industrial, Inc. ("Modiv" or the "Company") (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate properties, today announced that it will report first quarter 2024 financial results for the quarter ended March 31, 2024 before the market opens on Thursday, May 2, 2024. Management will host a conference call the same day at 7:30 a.m. Pacific Time (10:30 a.m. Eastern Time) to discuss the results. Live conference call: 1-877-407-0789 or 1-201-689-8562 at 7:30 a.m. Pacific Time, Thursday, May 2 Webcast: To listen to the webcast, either live or archived, use this link https://viavid.webcasts.com/starthere.jsp?ei=1669252&tp_key=f94e3de5d8
TAMPA, FL / ACCESSWIRE / April 9, 2024 / Generation Income Properties, Inc. (NASDAQ:GIPR) ("GIPR" or the "Company") announced its twelve- month financial and operating results for the period ended December 31, 2023.Annual Highlights(For the 12 months ended December 31, 2023)Generated net loss attributable to GIP common shareholders of $6.2 million, or $2.46 per basic and diluted share.Generated Core FFO of $534 thousand, or $0.21 per basic and diluted share.Generated Core AFFO of $705 thousand, or $0.28 per basic and diluted share.FFO and related measures are supplemental non-GAAP financial measures used in the real estate industry to measure and compare the operating performance of real est
SC 13G - MODIV INC. (0001645873) (Subject)
Modiv Industrial, Inc. ("Modiv Industrial," "Modiv" or the "Company") (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate properties, announced the tax treatment for its 2024 common stock and preferred stock dividends. Total Common Stock Distributions Paid in 2024: $ 2.31480 (a) Ordinary Income Portion of Distributions $ 0.37338 (16.13%) Non-Taxable Distributions (Return of Capital) $ 1.94142 (83.87%) (a) Includes $1.1648 per share distribution of Generation Income Properties, Inc. common stock on January 31, 2024 Total Series A Preferred Stock Dividends Paid in 2024: $
Modiv Industrial, Inc. ("Modiv Industrial," "Modiv" or the "Company") (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate properties, announced the declaration of a regular quarterly cash dividend of $0.4609375 per share on the Company's 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock, $0.001 par value per share (the "Series A Preferred Stock"), for the fourth quarter of 2024 and the declaration of a regular monthly cash distribution of $0.0975 per share on the Company's Class C common stock, $0.001 par value per share (the "Common Stock"), for each of January, February and March 2025, representing an annual distribution rat
Modiv Industrial, Inc. ("Modiv Industrial", "Modiv", the "Company", "we" or "our"), (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate, today announced operating results for the third quarter ended September 30, 2024. The following is a statement from Aaron Halfacre, CEO of Modiv Industrial: "The past few months the American public has been bombarded with so many hyperactive headlines and speculative soundbites, both political and economic. The pummeling and abrasion from all the information noise have led to fatigue and frustration. Many of us just want to get back to living. Some of you, at least right now, might be tired of the opinio
Provides Business Update Modiv Industrial, Inc. ("Modiv" or the "Company") (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate properties, today announced that it will report third quarter 2024 financial results for the quarter ended September 30, 2024 before the market opens on Wednesday, November 6, 2024. Management will host a conference call the same day at 11:00 a.m. Eastern Time to discuss the results. Live conference call: 1-877-407-0789 or 1-201-689-8562 at 11:00 a.m. Eastern Time, Wednesday, November 6th. Webcast: To listen to the webcast, either live or archived, use this link https://viavid.webcasts.com/starthere.jsp?ei=169349
Modiv Industrial, Inc. ("Modiv Industrial," "Modiv" or the "Company") (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate properties, announced the declaration of a regular quarterly cash dividend of $0.4609375 per share on the Company's 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock, $0.001 par value per share (the "Series A Preferred Stock"), for the third quarter of 2024 and the declaration of a regular monthly cash distribution of $0.09583 per share on the Company's Class C common stock, $0.001 par value per share (the "Common Stock"), for each of October, November and December 2024. On July 31, 2024, the Board of Dir
Modiv Industrial, Inc. ("Modiv Industrial", "Modiv", the "Company", "we" or "our"), (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate, today announced operating results for the second quarter ended June 30, 2024. Highlights: Second quarter rental income of $11.3 million. Due to the elimination of some non-NNN tenant reimbursements related to the August 2023 portfolio disposition of 13 properties, rental income decreased $493,000. Concurrently during the quarter, we benefited from an $834,000 decrease in property expenses and $179,000 decrease in G&A. Second quarter AFFO of $3.9 million increased by $575,000, or 17.3% year over
Modiv Industrial, Inc. ("Modiv Industrial," "Modiv" or the "Company") (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate properties, announced the declaration of a regular quarterly cash dividend of $0.4609375 per share on the Company's 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock, $0.001 par value per share (the "Series A Preferred Stock"), for the second quarter of 2024 and the declaration of a regular monthly cash distribution of $0.09583 per share on the Company's Class C common stock, $0.001 par value per share (the "Common Stock"), for each of July, August and September 2024. On May 1, 2024, the Board of Director
Management Provides NAV per share and Forward-Looking Thoughts Modiv Industrial, Inc. ("Modiv Industrial", "Modiv", the "Company", "we" or "our"), (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate, today announced operating results for the first quarter ended March 31, 2024. Highlights: First quarter rental income of $11.9 million increased $1.6 million, or 15.4% year-over-year. First quarter AFFO of $3.3 million increased $0.2 million, or 6.6% year-over year. Received $1.4 million non-refundable deposit, following the completion of due diligence, on the previously announced disposition of our Issaquah, Washington office prop
Modiv Industrial, Inc. ("Modiv" or the "Company") (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate properties, today announced that it will report first quarter 2024 financial results for the quarter ended March 31, 2024 before the market opens on Thursday, May 2, 2024. Management will host a conference call the same day at 7:30 a.m. Pacific Time (10:30 a.m. Eastern Time) to discuss the results. Live conference call: 1-877-407-0789 or 1-201-689-8562 at 7:30 a.m. Pacific Time, Thursday, May 2 Webcast: To listen to the webcast, either live or archived, use this link https://viavid.webcasts.com/starthere.jsp?ei=1669252&tp_key=f94e3de5d8
TAMPA, FL / ACCESSWIRE / April 9, 2024 / Generation Income Properties, Inc. (NASDAQ:GIPR) ("GIPR" or the "Company") announced its twelve- month financial and operating results for the period ended December 31, 2023.Annual Highlights(For the 12 months ended December 31, 2023)Generated net loss attributable to GIP common shareholders of $6.2 million, or $2.46 per basic and diluted share.Generated Core FFO of $534 thousand, or $0.21 per basic and diluted share.Generated Core AFFO of $705 thousand, or $0.28 per basic and diluted share.FFO and related measures are supplemental non-GAAP financial measures used in the real estate industry to measure and compare the operating performance of real est
Alliance Global Partners initiated coverage of Modiv with a rating of Buy and set a new price target of $18.00
Janney initiated coverage of Modiv with a rating of Buy and set a new price target of $20.00
Colliers Securities initiated coverage of Modiv with a rating of Buy and set a new price target of $22.00
B. Riley Securities initiated coverage of Modiv with a rating of Buy and set a new price target of $24.00
4 - Modiv Industrial, Inc. (0001645873) (Issuer)
4 - Modiv Industrial, Inc. (0001645873) (Issuer)
4 - Modiv Industrial, Inc. (0001645873) (Issuer)
4 - Modiv Industrial, Inc. (0001645873) (Issuer)
4 - Modiv Industrial, Inc. (0001645873) (Issuer)
4 - Modiv Industrial, Inc. (0001645873) (Issuer)
4 - Modiv Industrial, Inc. (0001645873) (Issuer)
4 - Modiv Industrial, Inc. (0001645873) (Issuer)
4 - Modiv Industrial, Inc. (0001645873) (Issuer)
4 - Modiv Industrial, Inc. (0001645873) (Issuer)