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MODIV INDUSTRIAL INC CLASS C (MDV)

Real Estate · Industrial net-lease REIT · NYSE

An internally-managed industrial net-lease REIT acquiring single-tenant manufacturing and critical supply-chain properties across the US with a focus on long-term leases and monthly dividend income.

What MODIV INDUSTRIAL INC CLASS C does

Modiv Industrial is an internally-managed REIT that acquires, owns, and manages a portfolio of single-tenant net-lease industrial manufacturing properties throughout the United States. The company focuses on critical industrial manufacturing real estate with long-term leases to tenants supporting the national economy and supply chains. Modiv operates 42 properties (39 industrial and 3 non-core retail/office) representing approximately 4.4 million square feet across 14 states and seeks to provide monthly dividend income to shareholders through a durable industrial-focused real estate portfolio.

Themes: industrial real estate, net-lease REITs, monthly dividends, supply chain infrastructure

Fundamentals

  • Price$18.05 as of 2026-08-19 close
  • Market cap$186M as of 2026-08-19
  • 1-year return+22.3% 2025-08-19 close $14.76 → 2026-08-19 close $18.05
  • P/E1791.75 as of 2026-08-24
  • Net margin+0.2% as of 2026-08-24
  • Gross margin+92.4% as of 2026-08-24
  • ROE+0.1% as of 2026-08-24
  • Debt / equity1.72 as of 2026-08-24
  • Revenue growth (YoY)-0.6% as of 2026-08-24
  • Revenue CAGR (3y)+14.5% SEC XBRL
  • Beta-0.06 as of 2026-08-24
  • Last reported earnings2026-03-25 SEC EDGAR Form 8-K (Item 2.02)

Dividend: yield +6.6%; at least 2 years of non-decreasing per-share dividends (SEC XBRL) — we do not hold the year before it, so the real streak may be longer.

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How MDV compares in its sector

  • price-to-earnings ratiotop 10% 122 covered Real Estate peers, as of 2026-08-24
  • net profit marginmiddle range 161 covered Real Estate peers, as of 2026-08-24
  • operating marginmiddle range 161 covered Real Estate peers, as of 2026-08-24
  • gross margintop 10% 156 covered Real Estate peers, as of 2026-08-24
  • return on equitymiddle range 162 covered Real Estate peers, as of 2026-08-24
  • 3-year revenue CAGRtop 25% 155 covered Real Estate peers
  • indicated dividend yieldmiddle range 138 covered Real Estate peers, as of 2026-08-24

Position among covered Real Estate companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.

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Dividend coverage

Not assessed — last reported dividend predates the accounts. The most recent fiscal year in which MDV reported a dividend payment is FY2021, while its reported financial statements run through FY2025. Coverage is therefore not assessed for the latest year — an FY2021 ratio would not describe MDV today.

Coverage is derived from reported SEC EDGAR XBRL figures, comparing dividends paid against net income and free cash flow for the SAME fiscal year. It is not shown here because the latest fiscal year with a reported dividend payment (FY2021) is older than the latest year of reported financial statements (FY2025), so any ratio would describe an out-of-date year. Informational only — not financial advice.

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How MODIV INDUSTRIAL INC CLASS C looks technically

Trend

5
Distance from the 200-daynot current — this company's price series (ends 2026-08-19) is 3 trading sessions behind the rest of the catalogn/a
50-day moving averageits average price over the last 50 trading days — a short-term trend line — is $17.86$17.86
200-day moving averageits average price over the last 200 trading days — the long-term trend line — is $16.01$16.01
Since the 50/200 crossnot current — this company's price series (ends 2026-08-19) is 3 trading sessions behind the rest of the catalogn/a
Trend strength (14-day ADX)not current — this company's price series (ends 2026-08-19) is 3 trading sessions behind the rest of the catalogn/a

Range

12
52-week highits highest closing price over the past year (about 252 trading days) was $18.95$18.95
From the 52-week highnot current — this company's price series (ends 2026-08-19) is 3 trading sessions behind the rest of the catalogn/a
Above the 52-week lownot current — this company's price series (ends 2026-08-19) is 3 trading sessions behind the rest of the catalogn/a
Below the 52-week highnot current — this company's price series (ends 2026-08-19) is 3 trading sessions behind the rest of the catalogn/a
Since a 20-day breakoutnot current — this company's price series (ends 2026-08-19) is 3 trading sessions behind the rest of the catalogn/a
Since a 55-day breakoutnot current — this company's price series (ends 2026-08-19) is 3 trading sessions behind the rest of the catalogn/a
All-time highits highest closing price on record is $83.09 (set on 2022-02-11)$83.09
Given back of the 52-week movenot current — this company's price series (ends 2026-08-19) is 3 trading sessions behind the rest of the catalogn/a
From the all-time highnot current — this company's price series (ends 2026-08-19) is 3 trading sessions behind the rest of the catalogn/a
Nearest price levelnot current — this company's price series (ends 2026-08-19) is 3 trading sessions behind the rest of the catalogn/a
All-time lowits lowest closing price on record is $8.87 (set on 2022-11-11)$8.87
Above the all-time lownot current — this company's price series (ends 2026-08-19) is 3 trading sessions behind the rest of the catalogn/a

Based on daily closing prices as of 2026-08-19. Describes past price behavior only — informational, not financial advice.

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Analyst consensus

  • Mean price target$18.67 range $18.00 – $19.00; median $19.00

Analyst estimates, as of 2026-08-22. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.

Analyst EPS estimate for MDV

  • Consensus EPS estimate$0.04 next reporting period, as of 2026-08-22

Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.

The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.

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Key risks (from latest filing)

["Significant concentration in industrial manufacturing properties and single-tenant exposure.","Reliance on debt financing, including credit facilities and mortgage debt, which are subject to interest rate fluctuations.","Execution risk related to the ongoing strategy of divesting non-core retail and office properties."]

See MDV's biggest risks from its latest 10-Q →

Insider activity (SEC Form 4)

4 open-market purchases and 0 open-market sales by insiders in the last 90 days.

  • Last 90 days4 buys ($163023) · 0 sells — 1 buying insider
  • Last 180 days4 buys ($163023) · 0 sells — 1 buying insider

Activity heuristic: net buying (a transparent product heuristic from the counts above, not a prediction or advice)

Most recent open-market transaction: 2026-06-30. As of 2026-08-25.

View full insider trading history → View SEC Form 3/4/5 filings

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Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.

Short interest (FINRA)

MDV had 152,633 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).

MDV had 1.48% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 2.68 days to cover at the same settlement.

  • Reported short interest (shares) 152,633
  • Short interest (% of shares outstanding) 1.48%
  • Prior settlement (shares) 103,193
  • Reported change 47.91%
  • Days to cover (reported) 2.68

Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.

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Competitors & peers

AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.

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Frequently asked questions

What does MODIV INDUSTRIAL INC CLASS C (MDV) do?

Modiv Industrial is an internally-managed REIT that acquires, owns, and manages a portfolio of single-tenant net-lease industrial manufacturing properties throughout the United States. The company focuses on critical industrial manufacturing real estate with long-term leases to tenants supporting the national economy and supply chains.

What sector is MODIV INDUSTRIAL INC CLASS C (MDV) in?

MODIV INDUSTRIAL INC CLASS C (MDV) is classified in the Real Estate sector. Its industry is Industrial net-lease REIT. It trades on NYSE.

Does MDV pay a dividend?

Yes — MODIV INDUSTRIAL INC CLASS C (MDV) pays a dividend, with an indicated yield of about 6.59% and at least 2 years of non-decreasing per-share dividends (SEC EDGAR XBRL) — we do not hold the year before it, so the real streak may be longer (market data, as of 2026-08-24). Informational only — not financial advice.

Who are MODIV INDUSTRIAL INC CLASS C's (MDV) competitors?

Notable peers of MODIV INDUSTRIAL INC CLASS C (MDV) include W. P. Carey, Realty Income, STAG Industrial, Essential Properties Realty Trust and Agree Realty. This peer set is informational only — not financial advice.

Where does stocks-llm's data on MDV come from?

Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.

Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.

Last updated 2026-08-19.

Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.

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