Modiv Industrial Inc. Class C (MDV)

Over the past six months, Modiv Industrial's stock has been influenced by several key events. On October 27, 2025, Weiss Ratings downgraded Modiv Industrial's stock from a "hold (c-)" to a "sell (d+)" rating. On October 24, 2025, B. Riley issued a forecast for Modiv Industrial's Q1 2026 earnings, and the company announced a monthly dividend of $0.0975 per share. On October 17, 2025, Modiv Industrial declared monthly distributions for common shareholders and announced that its third-quarter 2025 financial results would be reported on November 14, 2025. On September 12, 2025, the company declared quarterly dividends for its preferred shareholders. On August 7, 2025, Modiv Industrial announced its second-quarter 2025 results, surpassing Zacks Consensus Estimates for both funds from operations (FFO) and revenue. In June 2025, CEO Aaron Halfacre made continuous open-market purchases of company shares. On March 4, 2025, the company announced its fourth-quarter and full-year 2024 results, reporting that full-year 2024 Adjusted Funds From Operations (AFFO) exceeded street expectations.

Information regarding specific demand seasonality for Modiv Industrial, Inc.'s products and services is not explicitly available. Demand for industrial real estate is generally influenced by broader economic conditions, manufacturing output, supply chain dynamics, and e-commerce growth rather than typical seasonal consumer patterns.

Modiv Industrial, Inc. (MDV) is an internally managed real estate investment trust (REIT) focused on acquiring, owning, and managing single-tenant net-lease industrial manufacturing properties. The company leases critical industrial manufacturing facilities to tenants that contribute to the national economy and strengthen supply chains. While primarily focused on industrial properties, Modiv Industrial also holds a portfolio of non-core retail and office properties and is working to reduce its exposure to these non-industrial assets. The company operates within the Real Estate sector and the REIT - Industrial industry.

Modiv Industrial's portfolio is diversified across 16 states, comprising 39 industrial properties, one retail property, and four office properties. The company strategically acquires assets in less urban regions across the U.S. that are conducive to manufacturing businesses, rather than high-density metropolitan areas. Examples of locations where Modiv Industrial owns assets include Columbia, South Carolina, and Waco, Texas. Recent acquisitions have also included properties in Minnesota, Ohio, Pennsylvania, and other parts of Texas.

Modiv Industrial's brand reputation in the past year has seen some fluctuations in analyst sentiment. On October 27, 2025, Weiss Ratings downgraded the company's stock to a "sell (D+)" rating. This followed an earlier upgrade on October 8, 2025, when Weiss Ratings raised Modiv Industrial from a "sell (d+)" to a "hold (c-)" rating. Despite these rating changes, the overall analyst consensus for Modiv Industrial is a "Buy" rating, with an average price target of $18.00. The company emphasizes transparency, regularly commissioning independent, third-party appraisals of its assets to provide an updated Net Asset Value (NAV) per share.

Modiv Industrial, Inc. has a diverse ownership structure. Institutional shareholders hold 22.75% of the company, while Modiv Industrial insiders own 9.72%, and retail investors account for 67.52%. Major institutional owners include Vanguard Group Inc, BlackRock, Inc., Geode Capital Management, LLC, Bard Associates Inc, State Street Corp, Penserra Capital Management LLC, and Northern Trust Corp. The largest individual shareholder is First City Investment Group LLC, holding 530,135 shares, representing 5.22% of the company. Key insiders, such as CEO Aaron Scott Halfacre and Executive Vice President and CFO Raymond J. Pacini, also hold significant stakes.