Latest news with #MedalistDiversifiedREIT
Yahoo
30-06-2025
- Business
- Yahoo
Medalist Diversified REIT Stock Now Trading at a Discount Following Bold Move From Top Executive
Medalist Diversified REIT, Inc. (NASDAQ:MDRR) is one of the 10 dividend bargains trading below insiders' prices. The top executive's purchase of the company's stock has made the last closing price a clear bargain for the investors. Aerial city skyline highlighting a large modern office building owned by the REIT. Headquartered in Virginia, Medalist Diversified REIT, Inc. (NASDAQ:MDRR) is a real estate investment trust specialized in owning, repositioning, renovating, leasing, and managing income-producing properties. The company's focus is primarily on the commercial real estate sector. Operating as an Umbrella Partnership Real Estate Investment Trust (UPREIT), the company holds properties through its subsidiary, Medalist Diversified Holdings, LP. In the month of April, the company filed for a $100 million common stock offering and terminated its Amended and Restated Revolving Line of Credit Note. Later, on June 12, 2025, the company entered an agreement to acquire commercial property in Pensacola, Florida, for $14,544,504 through its subsidiary MDRR XXV Depositor 1, LLC. Following these developments, the Chairman of the Board, CEO, and President, Frank Kavanaugh, purchased 4000 shares of Medalist Diversified REIT, Inc. (NASDAQ:MDRR) at a price of $11.75 each. With a closing price of $11.11 as of June 25, 2025, the stock offers a dividend yield of 2.14% and stands as one of the best dividend bargains for investors seeking stable income. While we acknowledge the potential of MDRR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Low Risk Dividend Paying Stocks for June 2025 and 10 Best Dividend Stocks According to Jim Cramer Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data
Business Wire
27-06-2025
- Business
- Business Wire
Medalist Diversified REIT, Inc. Announces Dividend of $0.0675 Per Share on Its Common Stock
RICHMOND, Va.--(BUSINESS WIRE)-- Medalist Diversified REIT (NASDAQ: MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., announced that its Board of Directors has authorized and the Company has declared a quarterly dividend on its common stock (the "Common Stock") in the amount of $0.0675 per share (the "Dividend"). The Dividend will be payable in cash on July 16, 2025 to holders of record of the Common Stock as of July 11, 2025.
Yahoo
29-05-2025
- Business
- Yahoo
Zacks Initiates Coverage of Medalist Diversified REIT With Neutral Recommendation
Zacks Investment Research has recently initiated coverage of Medalist Diversified REIT, Inc. MDRR, assigning a "Neutral" recommendation to the company's shares. This assessment comes amid a mixed outlook for the company, which has been making notable strides in the real estate investment trust (REIT) space despite industry challenges. MDRR, headquartered in Richmond, VA, is a REIT specializing in acquiring, repositioning, renovating, leasing and managing income-producing properties. Its portfolio centers on two primary areas — legacy retail and flex-industrial assets in secondary and tertiary markets within Virginia, North Carolina and South Carolina, and a growing portfolio of single-tenant net lease (STNL) properties located across the United States. In the first quarter of 2025, Medalist Diversified REIT delivered several encouraging developments despite a tough operating environment. Revenues from its STNL segment surged 156.5% year over year, reflecting the company's strategic shift toward stable, long-term leased assets. This expansion was driven by the successful acquisitions of Buffalo Wild Wings and United Rentals properties, which strengthened recurring income and improved cash flow visibility. The research report highlights several key factors that could drive MDRR's future growth. These include its successful transition to fully leased STNL properties, which offer predictable, long-term rental income and reduced exposure to tenant turnover. Medalist Diversified REIT's recent redemption of its 8% Series A preferred stock has significantly lowered financing costs and improved net income prospects. Additionally, the company benefits from a mostly fixed-rate debt profile, offering insulation from interest rate spikes and ensuring more predictable debt servicing. However, potential investors should consider certain risks outlined in the report. Medalist Diversified REIT continues to report net losses and operating expenses that outpace revenues, raising concerns about scale and efficiency. The small property base, just 12 developed assets, makes MDRR vulnerable to tenant attrition and limits diversification. Moreover, governance concerns linger due to related-party transactions, including two STNL acquisitions from entities controlled by the REIT's CEO. Although approved under MDRR's policies, such deals may deter institutional interest. Medalist Diversified REIT stock has significantly underperformed its industry peers and the broader market over the past year. The valuation metrics for the company indicate investor caution about the company's asset base but also some optimism about its earnings potential. MDRR's stock trades at a discount to peers on asset value metrics, reflecting concerns about property quality, scale and financial leverage. However, it commands a premium on earnings-based multiples, suggesting investors are pricing in expectations of improved operational performance following recent strategic and financial changes. For a comprehensive analysis of Medalist Diversified REIT's financial health, strategic initiatives, and market positioning, you are encouraged to view the full Zacks research report. This in-depth report provides a detailed discussion of the company's operational strategies, financial performance, and the potential risks and opportunities that lie ahead. Read the full Research Report on Medalist Diversified REIT here>>> Note: Our initiation of coverage on Medalist Diversified REIT, which has a modest market capitalization of $15.9 million, aims to equip investors with the information needed to make informed decisions in this promising but inherently risky segment of the market. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Medalist Diversified REIT, Inc. (MDRR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
01-03-2025
- Business
- Yahoo
With A 3.5% Return On Equity, Is Medalist Diversified REIT, Inc. (NASDAQ:MDRR) A Quality Stock?
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Equity (ROE). By way of learning-by-doing, we'll look at ROE to gain a better understanding of Medalist Diversified REIT, Inc. (NASDAQ:MDRR). Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. Simply put, it is used to assess the profitability of a company in relation to its equity capital. See our latest analysis for Medalist Diversified REIT ROE can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Medalist Diversified REIT is: 3.5% = US$744k ÷ US$21m (Based on the trailing twelve months to December 2024). The 'return' is the amount earned after tax over the last twelve months. Another way to think of that is that for every $1 worth of equity, the company was able to earn $0.04 in profit. One simple way to determine if a company has a good return on equity is to compare it to the average for its industry. The limitation of this approach is that some companies are quite different from others, even within the same industry classification. If you look at the image below, you can see Medalist Diversified REIT has a lower ROE than the average (5.6%) in the REITs industry classification. That certainly isn't ideal. However, a low ROE is not always bad. If the company's debt levels are moderate to low, then there's still a chance that returns can be improved via the use of financial leverage. A high debt company having a low ROE is a different story altogether and a risky investment in our books. To know the 4 risks we have identified for Medalist Diversified REIT visit our risks dashboard for free. Most companies need money -- from somewhere -- to grow their profits. That cash can come from retained earnings, issuing new shares (equity), or debt. In the case of the first and second options, the ROE will reflect this use of cash, for growth. In the latter case, the debt required for growth will boost returns, but will not impact the shareholders' equity. Thus the use of debt can improve ROE, albeit along with extra risk in the case of stormy weather, metaphorically speaking. Medalist Diversified REIT does use a high amount of debt to increase returns. It has a debt to equity ratio of 2.45. The combination of a rather low ROE and significant use of debt is not particularly appealing. Debt does bring extra risk, so it's only really worthwhile when a company generates some decent returns from it. Return on equity is a useful indicator of the ability of a business to generate profits and return them to shareholders. Companies that can achieve high returns on equity without too much debt are generally of good quality. All else being equal, a higher ROE is better. Having said that, while ROE is a useful indicator of business quality, you'll have to look at a whole range of factors to determine the right price to buy a stock. It is important to consider other factors, such as future profit growth -- and how much investment is required going forward. So I think it may be worth checking this free this detailed graph of past earnings, revenue and cash flow. If you would prefer check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
