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Medalist Diversified REIT ( (MDRR) ) has issued an update.
On August 8, 2025, Medalist Diversified REIT, Inc. entered into an exchange agreement with its CEO, Francis P. Kavanaugh, to swap 240,004 shares of common stock for an equal number of limited partnership units. This move is intended to help the company maintain compliance with REIT qualifications, ensuring no more than 50% of its stock is owned by five or fewer individuals. Additionally, the company’s subsidiary, MDR Salisbury, LLC, signed a purchase and sale agreement to sell the Salisbury Marketplace Shopping Center for $10 million, with the transaction expected to close within 60 days, pending certain conditions.
Spark’s Take on MDRR Stock
According to Spark, TipRanks’ AI Analyst, MDRR is a Neutral.
Medalist Diversified REIT’s overall stock score reflects financial challenges, with high leverage and negative profitability weighing heavily. While cash flow remains positive, technical indicators suggest a bearish trend. The dividend announcement is a positive note, offering some support to investor sentiment.
To see Spark’s full report on MDRR stock, click here.
More about Medalist Diversified REIT
Medalist Diversified REIT, Inc. operates in the real estate investment trust (REIT) industry, focusing on acquiring, owning, and managing commercial real estate properties. The company primarily deals with properties such as shopping centers and aims to comply with REIT qualifications to maintain its market position.
Average Trading Volume: 1,700
Technical Sentiment Signal: Sell
Current Market Cap: $23.55M
For a thorough assessment of MDRR stock, go to TipRanks’ Stock Analysis page.