tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Medalist Diversified REIT Sells Salisbury Marketplace

Story Highlights
Medalist Diversified REIT Sells Salisbury Marketplace

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Medalist Diversified REIT ( (MDRR) ) has provided an announcement.

On October 23, 2025, Medalist Diversified REIT, Inc. completed the sale of the Salisbury Marketplace Shopping Center in Salisbury, NC, for $9,930,000. The transaction was conducted with an unaffiliated purchaser, and the company plans to use part of the proceeds to repay existing debt.

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. operates in the real estate investment trust (REIT) industry, focusing on acquiring, owning, and managing commercial real estate properties.

Average Trading Volume: 3,894

Technical Sentiment Signal: Buy

Current Market Cap: $29.77M

Learn more about MDRR stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1