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Medalist Diversified REIT
(NASDAQ:MDRR)
Medalist Diversified REIT (MDRR) vs. SPDR S&P 500 ETF (SPY)
Medalist Diversified REIT Business Overview & Revenue Model
Medalist Diversified REIT Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 10.10M | 9.74M | 10.27M | 11.09M | 11.47M | 9.28M |
| Gross Profit | 7.46M | 7.38M | 7.67M | 7.16M | 6.51M | 4.52M |
| EBITDA | 4.44M | 7.42M | 3.54M | 3.53M | 4.68M | -1.64M |
| Net Income | -2.14M | 27.52K | -4.57M | -4.77M | -4.36M | -8.18M |
Balance Sheet | ||||||
| Total Assets | 92.10M | 75.10M | 82.75M | 87.92M | 92.55M | 79.27M |
| Cash, Cash Equivalents and Short-Term Investments | 1.89M | 4.78M | 2.23M | 3.92M | 4.37M | 2.86M |
| Total Debt | 37.73M | 50.00M | 51.77M | 61.34M | 66.36M | 65.23M |
| Total Liabilities | 67.11M | 54.10M | 69.02M | 69.22M | 69.55M | 67.56M |
| Stockholders Equity | 10.38M | 15.03M | 12.32M | 17.25M | 21.47M | 10.86M |
Cash Flow | ||||||
| Free Cash Flow | 1.22M | 893.74K | -1.38M | 175.32K | 295.93K | -2.10M |
| Operating Cash Flow | 2.66M | 1.80M | 104.01K | 1.19M | 832.61K | -1.68M |
| Investing Cash Flow | -16.20M | 2.06M | -1.48M | -9.32M | -19.14M | -414.36K |
| Financing Cash Flow | 12.38M | -1.60M | -474.14K | 6.40M | 20.60M | 5.12M |
Medalist Diversified REIT Technical Analysis
Medalist Diversified REIT Risk Analysis
Medalist Diversified REIT Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
63 Neutral | $450.12M | -17.68 | -4.39% | 5.74% | ― | ― | |
58 Neutral | $148.58M | -53.63 | 0.37% | 8.15% | -0.59% | -160.22% | |
49 Neutral | $8.51M | -0.29 | -33.51% | 86.42% | 26.56% | -20.97% | |
48 Neutral | $27.21M | -7.87 | -18.66% | 2.06% | -0.05% | -150.66% | |
41 Neutral | $5.53M | -0.50 | -26.78% | ― | -2.79% | 72.36% | |
39 Underperform | $4.13M | -0.42 | -904.27% | ― | -4.77% | 23.08% |
Medalist Diversified REIT Corporate Events
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.
On December 29, 2025, a wholly owned subsidiary of Medalist Diversified REIT, together with an unaffiliated co-owner, agreed to sell the Parkway Property at 2697 International Parkway in Virginia Beach, Virginia, to Club Forest International Parkway, LLC for $7.9 million, subject to customary prorations, adjustments and closing conditions, including a $100,000 earnest money deposit and an expected closing within 90 days that is not yet assured. On December 30, 2025, the company used cash on hand and proceeds from earlier property sales to fully repay and terminate a $14.7 million credit line and related guarantees with Farmers and Merchants Bank of Long Beach without incurring material early termination penalties, thereby releasing the company and its operating partnership from associated obligations and further advancing its balance sheet cleanup and portfolio repositioning strategy.
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.
On December 19, 2025, Medalist Diversified REIT, Inc. announced that its board declared a quarterly cash dividend of $0.0675 per share on its common stock, payable on January 13, 2026 to shareholders of record as of January 8, 2026, underscoring the REIT’s continued capital return to investors. Separately, on December 18, 2025, the board granted waivers to the company’s ownership limitations to allow CEO Frank Kavanaugh and his affiliates to own up to 30% and CFO C. Brent Winn, Jr. and his affiliates to own up to 7.5% of the company’s outstanding capital stock, signaling a greater potential equity stake and alignment of interests between senior management and shareholders.
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.
On November 14, 2025, Medalist Diversified REIT, Inc. entered into an exchange agreement with its CEO, Francis P. Kavanaugh, to swap 2,405 shares of common stock for an equal number of limited partnership units in the company’s operating partnership. This move is designed to maintain the company’s compliance with REIT qualifications, ensuring that no more than 50% of its capital stock is owned by five or fewer individuals. The exchange was approved by the company’s Board of Directors and its Audit Committee, highlighting its strategic importance in sustaining the company’s operational and regulatory standing.
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.
On November 7, 2025, Medalist Diversified REIT entered into a Contribution Agreement and a Loan Agreement involving MDRR XXV Depositor 1, LLC, MDRR XXV DST 1, and Pinnacle Bank. These agreements, along with a Limited Guaranty of Recourse Obligations, are significant for the company’s financial structuring and partnerships, potentially impacting its operational strategy and stakeholder relations.
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.
Medalist Diversified REIT, Inc. announced that its subsidiaries entered into two separate Purchase and Sale Agreements on October 27 and 28, 2025. The first agreement involves the sale of the Greenbrier Business Center in Chesapeake, VA, for $11 million, expected to close within 60 days. The second agreement pertains to properties in Bowling Green, KY, and Huntsville, AL, for $5.35 million, with a closing expected within 45 days. Both transactions are subject to customary conditions and there is no assurance of completion. These transactions could impact the company’s asset portfolio and financial position.
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.
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.