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Medalist Diversified REIT Announces Resignations, Streamlines Board

Story Highlights
  • On January 5, 2026, two directors of Medalist Diversified REIT resigned effective January 9.
  • The board plans to shrink to five members, framing the exits as non-contentious governance changes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Medalist Diversified REIT Announces Resignations, Streamlines Board

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Medalist Diversified REIT ( (MDRR) ) just unveiled an announcement.

On January 5, 2026, Medalist Diversified REIT, Inc. announced that directors Kory Kramer and A. Lee Finley informed the company of their decision to resign from its Board of Directors, effective January 9, 2026, and to step down from their roles on the Nominating and Corporate Governance Committee and the Acquisition Committee. The company stated that their departures were not due to any disagreement over operations, policies or practices, and the Board expects to respond by reducing its size to five directors, signaling a streamlined governance structure without indicating immediate operational or strategic disruption.

The most recent analyst rating on (MDRR) stock is a Hold with a $13.50 price target. To see the full list of analyst forecasts on Medalist Diversified REIT stock, see the MDRR Stock Forecast page.

Spark’s Take on MDRR Stock

According to Spark, TipRanks’ AI Analyst, MDRR is a Neutral.

The overall stock score for Medalist Diversified REIT is primarily influenced by its financial performance, which is facing significant challenges due to negative profitability and high leverage. Technical analysis provides a neutral outlook, with some potential for upward momentum. Valuation metrics are concerning, with a negative P/E ratio and low dividend yield. These factors collectively suggest caution for potential investors.

To see Spark’s full report on MDRR stock, click here.

More about Medalist Diversified REIT

Medalist Diversified REIT, Inc. is a real estate investment trust (REIT) that owns and manages income-producing real estate properties, focusing on generating returns for its shareholders through property investment and asset management activities in the commercial property sector.

Average Trading Volume: 2,994

Technical Sentiment Signal: Buy

Current Market Cap: $27.29M

Find detailed analytics on MDRR stock on TipRanks’ Stock Analysis page.

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