Modiv Industrial Inc (MDV)
Real Estate · NYQ · US
Price as at 1 Oct 2026, 02:42 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Modiv Industrial Inc trades at $18.05, close to the $15.43 our fair value estimate puts on the business. On this measure the market and the model broadly agree, so the interesting question is which of them is wrong.
Our moat model scores it 30 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 50.1 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
MDV dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $0.200 | 2 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
MDV earnings and analyst estimates
Recommendation mix, 6 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Modiv Industrial Inc
Modiv Industrial, Inc. is an internally managed REIT that is focused on single-tenant net-lease industrial manufacturing real estate. The Company actively acquires critical industrial manufacturing properties with long-term leases to tenants that fuel the national economy and strengthen the nation's supply chains. Modiv Industrial, Inc. was incorporated in 2015 and is based in Denver, United States.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
MDV passes 2 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
6 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Two Sigma, TWO SIGMA INVESTMENTS, LP$2.45M · 0.0% of book
- Israel Englander, MILLENNIUM MANAGEMENT LLC$1.67M · 0.0% of book
- Renaissance Technologies, RENAISSANCE TECHNOLOGIES LLC$622.9K · 0.0% of book
- Ray Dalio, Bridgewater Associates, LP$275.4K · 0.0% of book
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$215.3K · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
MDV peers
The largest companies in the same industry (REIT - Industrial), then in the same sector.
- EXR Extra Space Storage Inc.
- EGP EastGroup Properties, Inc.
- REXR Rexford Industrial Realty, Inc.
- TRNO Terreno Realty Corporation
- NSA National Storage Affiliates Trust
- COLD Americold Realty Trust, Inc.
- LXP LXP Industrial Trust
- SMA SmartStop Self Storage REIT, Inc.
Every real estate company we cover is on the Real Estate hub.
Common questions
Is Modiv Industrial Inc (MDV) undervalued?
Against our fair value estimate of $15.43, MDV at $18.05 is 15% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own MDV?
6 of the institutions we track reported a position in MDV in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is MDV's P/E ratio?
MDV trades at 50.1 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Modiv Industrial Inc (MDV) pay a dividend?
Yes. Modiv Industrial Inc yields 6.59% at the current share price. It has paid $0.200 per share over the trailing twelve months. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
When does MDV report earnings next?
Modiv Industrial Inc is scheduled to report on 12 Nov 2026. Companies move earnings dates, so read it as scheduled rather than certain.
Where does SteadyShares get its MDV data?
Fundamentals for MDV come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 02:42 UTC and is delayed. Our data quality score for this company is 96/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for MDV, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.