Modiv Industrial, Inc. is an internally managed real estate investment trust (REIT), which is focused on single-tenant net-lease industrial manufacturing real estate. The Company acquires critical industrial manufacturing properties with long-term leases to tenants that fuel the national economy and strengthen the nation's supply chain. The Company also owns non-core, legacy retail and office real estate properties. It seeks to provide investors with access to monthly dividends through a durable portfolio of real estate investments designed to generate both current income and long-term growth. Its real estate investment portfolio consisted of 44 properties, including two properties held for sale. Its portfolio is distributed across 16 states and consists of 39 industrial properties, one retail property and four office properties.
Growing
The company is in a growing phase, with the latest annual income totaling USD 46.76M.
Turnaround to Profit
The company's performance has turned profitable, with the latest annual net income of USD 2.33M.%!(EXTRA int=2)
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 465.75%.
Fairly Valued
The company’s latest PE is -33.68, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 2.86M shares, decreasing 26.94% quarter-over-quarter.
Held by The Vanguard
Star Investor The Vanguard holds 506.76K shares of this stock.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of 0.06.