Modiv (MDV) AI Stock Analysis

• Market Cap: $148.34M
• Dividend Yield: 7.98%
• Average Volume (3M): 84.89K
• Price to Earnings (P/E): 75.1
• Beta (1Y): 0.12
• Revenue Growth: -4.13%
• EPS Growth: 79.39%
• Country: US
• Employees: 12
• Sector: Real Estate
• Sector Strength: 56
• Industry: REIT - Diversified
• EPS (TTM): -0.01
• Shares Outstanding: 10,119,017
• 10 Day Avg. Volume: 172,232
• 30 Day Avg. Volume: 84,894
• PEG Ratio: -0.31
• Price to Book (P/B): 0.84
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 8.00
• Enterprise Value/Market Cap: 0.94
• Enterprise Value/Revenue: 0.74
• Enterprise Value/Gross Profit: 3.23
• Enterprise Value/Ebitda: 0.88
• 1Y Price Target: $17.40
• Price Target Upside: 18.69% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5

• Rating: 64 Neutral
• Price Target: $15.50 ▲(5.73%Upside)

The overall score reflects strong financial stability due to zero debt and solid cash flow management. However, inconsistencies in profitability and recent technical indicators showing bearish momentum temper this strength. The attractive dividend yield offers some compensation for these challenges.

Positive Factors

Asset Strategy

The focus on manufactured industrial and the selling of retail and office properties has mostly occurred, benefiting from well-located unique assets and an attractive valuation.

Earnings

The company reported AFFO numbers of $0.33, four cents higher than consensus numbers and three cents higher than analyst numbers, representing an 18% increase year-over-year.

Negative Factors

Leverage

The company has above average leverage with debt and preferred to total market cap at approximately 64%.

Modiv Business Overview & Revenue Model

Company Description

Modiv (MDV) is a real estate investment trust (REIT) that focuses on acquiring, owning, and managing a diversified portfolio of essential properties across the United States. The company primarily invests in single-tenant net-lease retail, office, and industrial properties that are leased to high-quality tenants. Modiv aims to provide its investors with stable and growing cash distributions through its strategic property management and acquisition strategies.

How the Company Makes Money

Modiv makes money primarily through the rental income generated from its portfolio of real estate properties. As a REIT, Modiv leases its properties to tenants under long-term net leases, where tenants are responsible for the majority of property expenses such as maintenance, insurance, and taxes. This structure allows Modiv to maintain a steady revenue stream while minimizing operating costs. Additionally, Modiv may engage in strategic property acquisitions and dispositions to optimize its portfolio and enhance shareholder value. The company might also benefit from appreciation in property values, which can contribute to its overall financial performance.

Modiv Financial Statement Overview

Summary

Modiv demonstrates strong revenue growth and operational efficiency, indicated by solid gross profit margins and improved EBIT and EBITDA margins. The elimination of debt enhances financial stability, although net income has been inconsistent, affecting overall profitability. Cash flow management is robust, yet free cash flow growth has been inconsistent.

Income Statement

Modiv has shown growth in revenue over the years, albeit with some volatility. The gross profit margin remains strong, indicating efficient cost management, with a notable improvement in EBIT and EBITDA margins annually. However, net income has been inconsistent, showing significant losses in several years, which affects overall profitability.

Balance Sheet

The balance sheet indicates a solid equity position with a debt-free status in the latest year, which significantly improves financial stability. The return on equity has been erratic due to fluctuating net income. The equity ratio is healthy, reflecting strong financial footing, although past years show a reliance on debt financing.

Cash Flow

Cash flow from operations has steadily improved, translating into positive free cash flow, which demonstrates good cash generation capacity. The operating cash flow to net income ratio is favorable, suggesting effective conversion of income into cash flow. However, fluctuations in free cash flow growth indicate potential volatility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	46.59M	46.76M	47.23M	46.17M	36.22M	38.90M
Gross Profit	43.11M	43.15M	42.07M	37.27M	29.53M	31.90M
EBITDA	37.63M	42.47M	24.36M	27.46M	32.55M	21.65M
Net Income	3.12M	6.02M	-6.61M	-19.93M	-8.58M	-62.32M
Balance Sheet
Total Assets	506.80M	507.83M	530.90M	456.03M	428.49M	407.43M
Cash, Cash Equivalents and Short-Term Investments	6.17M	11.53M	3.13M	8.61M	55.97M	8.25M
Total Debt	0.00	279.90M	279.73M	195.45M	181.95M	191.51M
Total Liabilities	293.43M	293.78M	305.77M	214.99M	206.06M	217.18M
Stockholders Equity	171.11M	190.15M	144.44M	159.75M	171.83M	139.65M
Cash Flow
Free Cash Flow	18.19M	18.24M	16.58M	10.15M	9.53M	5.01M
Operating Cash Flow	18.30M	18.24M	16.58M	16.65M	9.73M	5.58M
Investing Cash Flow	-7.15M	8.39M	-93.60M	-61.06M	21.83M	24.78M
Financing Cash Flow	-23.39M	-18.23M	71.54M	-5.38M	18.47M	-28.91M

Modiv Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 14.66
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MDV, the sentiment is Positive. The current price of 14.66 is above the 20-day moving average (MA) of 14.35, above the 50-day MA of 14.49, and below the 200-day MA of 14.95, indicating a neutral trend. The MACD of 0.06 indicates Negative momentum. The RSI at 54.58 is Neutral, neither overbought nor oversold. The STOCH value of 74.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MDV.

Modiv Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MDV	64 Neutral	$148.34M	75.12	1.54%	7.98%	-4.13%	79.39%
Sector *	63 Neutral	$6.92B	18.42	-1.93%	6.88%	4.65%	-25.39%
FVR	62 Neutral	$223.69M	―	-0.37%	3.67%	―	―
GIPR	52 Neutral	$8.49M	―	-110.42%	8.01%	10.31%	39.90%
SQFT	50 Neutral	$5.97M	―	-49.21%	4.02%	2.72%	-584.61%
MDRR	46 Neutral	$22.41M	471.19	-16.85%	2.67%	-10.27%	-32.99%
MKZR	39 Underperform	$10.53M	―	-28.98%	29.81%	43.87%	-4679.89%

Modiv Corporate Events

Modiv Announces Quarterly Dividend and Monthly Distributions

On June 18, 2025, Modiv Industrial announced the declaration of a quarterly dividend for its Series A Preferred Stock and monthly distributions for its Class C common stock. The quarterly dividend for the second quarter of 2025 is set at $0.4609375 per share, with a payment date of July 15, 2025. Additionally, monthly distributions for July, August, and September 2025 for the common stock are declared at $0.0975 per share, maintaining an annual distribution rate of $1.17. These announcements reflect Modiv’s ongoing commitment to providing consistent returns to its shareholders.

The most recent analyst rating on (MDV) stock is a Buy with a $17.00 price target. To see the full list of analyst forecasts on Modiv stock, see the MDV Stock Forecast page.

Modiv Reports Q1 2025 Financial Results and Lease Renewal

On May 7, 2025, Modiv Industrial announced its first quarter 2025 financial results, reporting a revenue of $11.8 million and a net income of $2,000 attributable to common stockholders. The company achieved an 18% year-over-year increase in AFFO, beating consensus estimates. Modiv also executed a 10-year lease renewal with FujiFilm and repurchased 275,000 shares of preferred stock. The company highlighted its support for U.S. manufacturing amid tariff impacts, noting that its tenants have not experienced significant negative effects from recent tariffs, and emphasized the potential for increased utilization of existing manufacturing assets.