Modiv ( (MDV) ) has issued an update.
On February 4, 2025, Modiv Industrial, Inc. announced it will release its fourth quarter and full-year financial results for 2024 on March 4, 2025. The company also disclosed its estimated net asset value (NAV) per share as of December 31, 2024, which is $24.11. Modiv engaged Cushman & Wakefield, an independent valuation firm, for the appraisal of its real estate assets. This valuation will inform stakeholders about the fair value of the company’s assets, though it is worth noting that NAV calculations are not based on GAAP and are subject to significant professional judgment. The announcement does not impact the company’s obligation to update this information in future disclosures.
More about Modiv
Modiv Industrial, Inc. is an internally managed real estate investment trust (REIT) focused exclusively on acquiring single-tenant net-lease industrial manufacturing properties. The company targets critical industrial manufacturing properties with long-term leases to tenants that support the national economy and enhance supply chain efficiency.
YTD Price Performance: 0.74%
Average Trading Volume: 37,006
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $143.6M
Learn more about MDV stock on TipRanks’ Stock Analysis page.
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