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Real Estate - REIT - Diversified - NASDAQ - US
$ 12.2999
0.0806 %
$ 13.8 M
Market Cap
10.6
P/E
1. INTRINSIC VALUE

Medalist Diversified REIT Inc. is a Maryland corporation formed on September 28, 2015. Beginning with our taxable year ended December 31, 2017, we believe that we have operated in a manner qualifying us as a real estate investment trust (“REIT”), and we have elected to be taxed as a REIT for federal income tax purposes. Our company serves as the general partner of Medalist Diversified Holdings, LP which was formed as a Delaware limited partnership on September 29, 2015. Our company was formed to acquire, reposition, renovate, lease and manage income-producing properties, with a primary focus on (i) commercial properties, including flex-industrial and retail properties, (ii) multi-family residential properties and (iii) limited service hotel properties in secondary and tertiary markets in the southeastern part of the United States, with an expected concentration in Virginia, North Carolina, South Carolina, Georgia, Florida and Alabama.[ Read More ]

The intrinsic value of one MDRR stock under the base case scenario is HIDDEN Compared to the current market price of 12.3 USD, Medalist Diversified REIT, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart MDRR

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FINANCIALS
10.3 M REVENUE
-7.38%
-997 K OPERATING INCOME
-836.75%
-4.57 M NET INCOME
3.40%
104 K OPERATING CASH FLOW
-91.29%
-1.48 M INVESTING CASH FLOW
84.09%
-474 K FINANCING CASH FLOW
-7.40%
94.3 K REVENUE
-95.90%
303 K OPERATING INCOME
40.55%
80.6 K NET INCOME
115.45%
140 K OPERATING CASH FLOW
-82.03%
-305 K INVESTING CASH FLOW
-128.87%
-331 K FINANCING CASH FLOW
-4.33%
Balance Sheet Decomposition Medalist Diversified REIT, Inc.
image
Current Assets 15.1 M
Cash & Short-Term Investments 3.81 M
Receivables 293 K
Other Current Assets 11 M
Non-Current Assets 67.7 M
Long-Term Investments 0
PP&E 0
Other Non-Current Assets 67.7 M
Current Liabilities 2.38 M
Accounts Payable 1.03 M
Short-Term Debt 1.82 M
Other Current Liabilities -460 K
Non-Current Liabilities 66.6 M
Long-Term Debt 66.9 M
Other Non-Current Liabilities -286 K
EFFICIENCY
Earnings Waterfall Medalist Diversified REIT, Inc.
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Revenue 10.3 M
Cost Of Revenue 2.6 M
Gross Profit 7.67 M
Operating Expenses 1.94 M
Operating Income -997 K
Other Expenses 3.57 M
Net Income -4.57 M
RATIOS
74.69% GROSS MARGIN
74.69%
-9.71% OPERATING MARGIN
-9.71%
-44.50% NET MARGIN
-44.50%
-37.10% ROE
-37.10%
-5.52% ROA
-5.52%
-1.26% ROIC
-1.26%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Medalist Diversified REIT, Inc.
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Net Income -4.57 M
Depreciation & Amortization 4.57 M
Capital Expenditures -1.48 M
Stock-Based Compensation 0
Change in Working Capital -22.1 K
Others 204 K
Free Cash Flow -1.38 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Medalist Diversified REIT, Inc.
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MDRR has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.56% DIVIDEND YIELD
0.06 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Medalist Diversified REIT, Inc.
image
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
131 K USD 3
0-3 MONTHS
723 K USD 1
3-6 MONTHS
348 K USD 4
6-9 MONTHS
183 K USD 6
9-12 MONTHS
Date Value Insider Amount Avg Price
1 month ago
Oct 11, 2024
Bought 0 USD
KAVANAUGH FRANK
CHAIRMAN, CEO & PRESIDENT
+ 160000
0 USD
2 months ago
Sep 13, 2024
Bought 28.9 K USD
KAVANAUGH FRANK
CHAIRMAN, CEO & PRESIDENT
+ 2380
12.15 USD
2 months ago
Sep 06, 2024
Bought 36.6 USD
KAVANAUGH FRANK
CHAIRMAN, CEO & PRESIDENT
+ 3
12.2 USD
2 months ago
Sep 05, 2024
Bought 2.44 K USD
KAVANAUGH FRANK
CHAIRMAN, CEO & PRESIDENT
+ 200
12.2 USD
2 months ago
Sep 13, 2024
Bought 4.45 K USD
Ore Benjamin
other: CONTROLLER
+ 369
12.05 USD
2 months ago
Sep 10, 2024
Bought 7.89 K USD
Ore Benjamin
other: CONTROLLER
+ 644
12.25 USD
2 months ago
Aug 30, 2024
Bought 68.6 K USD
KAVANAUGH FRANK
CHAIRMAN, CEO & PRESIDENT
+ 5569
12.31 USD
3 months ago
Aug 15, 2024
Bought 82.1 K USD
KAVANAUGH FRANK
CHAIRMAN, CEO & PRESIDENT
+ 6800
12.08 USD
2 months ago
Aug 26, 2024
Bought 18.8 K USD
Winn Charles Brent Jr.
CHIEF FINANCIAL OFFICER
+ 1500
12.5 USD
3 months ago
Aug 15, 2024
Bought 169 K USD
KAVANAUGH FRANK
CHAIRMAN, CEO & PRESIDENT
+ 13961
12.14 USD
5 months ago
Jun 14, 2024
Bought 56.7 K USD
KAVANAUGH FRANK
CEO & PRESIDENT
+ 9667
5.866 USD
5 months ago
Jun 13, 2024
Bought 45.4 K USD
KAVANAUGH FRANK
CEO & PRESIDENT
+ 7673
5.912 USD
5 months ago
May 24, 2024
Bought 44.1 K USD
KAVANAUGH FRANK
CEO & PRESIDENT
+ 7584
5.8158 USD
5 months ago
May 23, 2024
Bought 41.8 K USD
KAVANAUGH FRANK
CEO & PRESIDENT
+ 7255
5.7606 USD
5 months ago
May 22, 2024
Bought 43.7 K USD
KAVANAUGH FRANK
CEO & PRESIDENT
+ 7702
5.6723 USD
7 months ago
Mar 19, 2024
Bought 7.99 K USD
KAVANAUGH FRANK
CEO & PRESIDENT
+ 1372
5.82 USD
5 months ago
May 20, 2024
Bought 5.56 K USD
KAVANAUGH FRANK
CEO & PRESIDENT
+ 995
5.5925 USD
6 months ago
May 17, 2024
Bought 235 K USD
KAVANAUGH FRANK
CEO & PRESIDENT
+ 41600
5.6404 USD
6 months ago
May 15, 2024
Bought 7.02 K USD
Winn Charles Brent Jr.
CHIEF FINANCIAL OFFICER
+ 1254
5.6 USD
6 months ago
May 14, 2024
Bought 12.6 K USD
Winn Charles Brent Jr.
CHIEF FINANCIAL OFFICER
+ 2250
5.6 USD
7 months ago
Mar 28, 2024
Bought 0 USD
KAVANAUGH FRANK
CEO & PRESIDENT
+ 417391
0 USD
8 months ago
Mar 15, 2024
Bought 7.67 K USD
Winn Charles Brent Jr.
CHIEF FINANCIAL OFFICER
+ 1311
5.85 USD
8 months ago
Mar 14, 2024
Bought 2.78 K USD
Winn Charles Brent Jr.
CHIEF FINANCIAL OFFICER
+ 484
5.75 USD
8 months ago
Mar 14, 2024
Bought 1.16 K USD
Winn Charles Brent Jr.
CHIEF FINANCIAL OFFICER
+ 205
5.65 USD
8 months ago
Mar 14, 2024
Bought 2.9 K USD
O'Brien Timothy Patrick
Director
+ 500
5.79 USD
8 months ago
Mar 14, 2024
Bought 45.4 K USD
KAVANAUGH FRANK
CEO & PRESIDENT
+ 7705
5.8865 USD
8 months ago
Mar 13, 2024
Bought 38.8 K USD
KAVANAUGH FRANK
CEO & PRESIDENT
+ 6749
5.7545 USD
8 months ago
Mar 12, 2024
Bought 94 K USD
KAVANAUGH FRANK
CEO & PRESIDENT
+ 16610
5.66 USD
8 months ago
Mar 11, 2024
Bought 112 K USD
KAVANAUGH FRANK
CEO & PRESIDENT
+ 20191
5.57 USD
8 months ago
Mar 11, 2024
Bought 14.9 K USD
Farmer Neil P
Director
+ 2635
5.6413 USD
11 months ago
Dec 12, 2023
Bought 6.23 K USD
Neuman Emanuel D
Director
+ 1167
5.3359 USD
11 months ago
Dec 12, 2023
Bought 2.33 K USD
Ore Benjamin
+ 100
23.3 USD
11 months ago
Dec 12, 2023
Bought 8.7 K USD
Ore Benjamin
+ 370
23.5 USD
11 months ago
Dec 12, 2023
Bought 98.2 K USD
KAVANAUGH FRANK
CEO & PRESIDENT
+ 4186
23.46 USD
11 months ago
Dec 11, 2023
Bought 9.24 K USD
KAVANAUGH FRANK
CEO & PRESIDENT
+ 395
23.4 USD
11 months ago
Dec 07, 2023
Bought 23.4 USD
KAVANAUGH FRANK
CEO & PRESIDENT
+ 1
23.4 USD
11 months ago
Dec 11, 2023
Bought 1.91 K USD
Neuman Emanuel D
Director
+ 364
5.25 USD
11 months ago
Dec 08, 2023
Bought 1.05 K USD
Neuman Emanuel D
Director
+ 200
5.25 USD
11 months ago
Dec 11, 2023
Bought 7.36 K USD
Lunin David
Director
+ 1401
5.25 USD
11 months ago
Dec 08, 2023
Bought 3.12 K USD
Lunin David
Director
+ 595
5.25 USD
11 months ago
Dec 07, 2023
Bought 21 USD
Lunin David
Director
+ 4
5.25 USD
11 months ago
Dec 07, 2023
Bought 1.68 K USD
Neuman Emanuel D
Director
+ 322
5.2189 USD
11 months ago
Dec 06, 2023
Bought 1.24 K USD
Neuman Emanuel D
Director
+ 236
5.25 USD
11 months ago
Dec 04, 2023
Bought 2.7 K USD
O'Brien Timothy Patrick
Director
+ 500
5.39 USD
11 months ago
Dec 01, 2023
Bought 2.72 K USD
O'Brien Timothy Patrick
Director
+ 500
5.45 USD
11 months ago
Dec 01, 2023
Bought 7.3 K USD
KAVANAUGH FRANK
CEO & PRESIDENT
+ 312
23.4 USD
11 months ago
Nov 30, 2023
Bought 2.43 K USD
KAVANAUGH FRANK
CEO & PRESIDENT
+ 104
23.4 USD
11 months ago
Nov 29, 2023
Bought 23.1 USD
KAVANAUGH FRANK
CEO & PRESIDENT
+ 1
23.1 USD
11 months ago
Nov 28, 2023
Bought 23.1 USD
KAVANAUGH FRANK
CEO & PRESIDENT
+ 1
23.1 USD
11 months ago
Dec 01, 2023
Bought 1.75 K USD
Neuman Emanuel D
Director
+ 334
5.2486 USD
11 months ago
Nov 30, 2023
Bought 15.7 USD
Neuman Emanuel D
Director
+ 3
5.23 USD
11 months ago
Nov 29, 2023
Bought 11.7 K USD
Neuman Emanuel D
Director
+ 2260
5.1739 USD
11 months ago
Nov 28, 2023
Bought 593 USD
Neuman Emanuel D
Director
+ 114
5.1974 USD
11 months ago
Nov 29, 2023
Bought 3.14 K USD
Winn Charles Brent Jr.
CHIEF FINANCIAL OFFICER
+ 615
5.1 USD
11 months ago
Nov 21, 2023
Bought 2.66 K USD
Ore Benjamin
+ 500
5.3247 USD
11 months ago
Nov 27, 2023
Bought 1.96 K USD
Winn Charles Brent Jr.
CHIEF FINANCIAL OFFICER
+ 385
5.1 USD
11 months ago
Nov 27, 2023
Bought 1.96 K USD
Winn Charles Brent Jr.
CHIEF FINANCIAL OFFICER
+ 385
5.1 USD
11 months ago
Nov 21, 2023
Bought 2.66 K USD
Ore Benjamin
+ 500
5.3247 USD
1 year ago
Sep 22, 2023
Bought 58.2 K USD
KAVANAUGH FRANK
CEO & President
+ 2500
23.284 USD
1 year ago
Sep 13, 2023
Bought 9.26 K USD
Neuman Emanuel D
Director
+ 1758
5.2687 USD
1 year ago
Sep 12, 2023
Bought 12.6 K USD
Neuman Emanuel D
Director
+ 2312
5.4513 USD
1 year ago
Sep 11, 2023
Bought 374 USD
Neuman Emanuel D
Director
+ 72
5.2 USD
1 year ago
Sep 08, 2023
Bought 1.05 K USD
Neuman Emanuel D
Director
+ 200
5.25 USD
1 year ago
Sep 07, 2023
Bought 1.03 K USD
Neuman Emanuel D
Director
+ 200
5.145 USD
1 year ago
Sep 06, 2023
Bought 247 USD
Neuman Emanuel D
Director
+ 48
5.15 USD
1 year ago
Sep 06, 2023
Bought 62.5 K USD
KAVANAUGH FRANK
CEO & President
+ 2717
22.9857 USD
1 year ago
Aug 31, 2023
Bought 2.28 K USD
KAVANAUGH FRANK
CEO & President
+ 100
22.75 USD
1 year ago
Sep 01, 2023
Bought 15.4 K USD
Neuman Emanuel D
Director
+ 2930
5.248 USD
1 year ago
Aug 31, 2023
Bought 6.05 K USD
Neuman Emanuel D
Director
+ 1158
5.2224 USD
1 year ago
Aug 30, 2023
Bought 625 USD
Neuman Emanuel D
Director
+ 119
5.25 USD
1 year ago
Aug 29, 2023
Bought 14.4 K USD
Neuman Emanuel D
Director
+ 2752
5.228 USD
1 year ago
Aug 25, 2023
Bought 10.9 K USD
Neuman Emanuel D
Director
+ 2074
5.2408 USD
1 year ago
Aug 23, 2023
Bought 96.6 K USD
KAVANAUGH FRANK
CEO & President
+ 4498
21.4659 USD
1 year ago
Aug 17, 2023
Bought 38.2 K USD
KAVANAUGH FRANK
CEO & President
+ 1808
21.15 USD
1 year ago
Aug 18, 2023
Bought 5.45 K USD
O'Brien Timothy Patrick
Director
+ 1000
5.45 USD
1 year ago
Aug 17, 2023
Bought 5.35 K USD
O'Brien Timothy Patrick
Director
+ 1000
5.35 USD
1 year ago
Aug 18, 2023
Bought 11 K USD
O'Brien Timothy Patrick
Director
+ 500
22 USD
1 year ago
Aug 14, 2023
Bought 22.3 K USD
Winn Charles Brent Jr.
Chief Financial Officer
+ 3961
5.6258 USD
1 year ago
Aug 16, 2023
Bought 263 K USD
KAVANAUGH FRANK
CEO & President
+ 13177
19.9299 USD
1 year ago
Aug 14, 2023
Bought 258 K USD
KAVANAUGH FRANK
CEO & President
+ 12893
19.9817 USD
1 year ago
Nov 30, 2022
Bought 10 K USD
Ore Benjamin
Director
+ 12823
0.78 USD
2 years ago
Nov 18, 2022
Bought 16.4 K USD
Winn Charles Brent Jr.
Chief Financial Officer
+ 20000
0.82 USD
2 years ago
Nov 17, 2022
Bought 7.6 K USD
Winn Charles Brent Jr.
Chief Financial Officer
+ 9590
0.7925 USD
2 years ago
Nov 16, 2022
Bought 18.6 K USD
Winn Charles Brent Jr.
Chief Financial Officer
+ 23770
0.7839 USD
2 years ago
Nov 15, 2022
Bought 16.1 K USD
Winn Charles Brent Jr.
Chief Financial Officer
+ 20000
0.807 USD
2 years ago
Oct 19, 2022
Bought 41 K USD
Finley Alfred Lee
Director
+ 50000
0.82 USD
2 years ago
Oct 10, 2022
Bought 42.2 K USD
Finley Susan
Director
+ 49100
0.86 USD
2 years ago
Aug 16, 2022
Bought 26.4 K USD
Winn Charles Brent Jr.
Chief Financial Officer
+ 30000
0.8809 USD
2 years ago
Aug 11, 2022
Bought 44.6 K USD
Finley Susan
director:
+ 50000
0.892 USD
2 years ago
Jul 25, 2022
Bought 183 K USD
Finley Susan
director:
+ 209236
0.876 USD
2 years ago
May 16, 2022
Bought 3.15 K USD
ALF Acquisitions Company, LLC
director:
+ 3000
1.05 USD
2 years ago
May 03, 2022
Bought 29.5 K USD
Finley Susan
director:
+ 29086
1.013 USD
2 years ago
Jun 17, 2022
Bought 18.6 K USD
Messier Thomas E
See Remarks
+ 20000
0.9294 USD
2 years ago
Jun 16, 2022
Bought 27.2 K USD
Winn Charles Brent Jr.
Chief Financial Officer
+ 30568
0.8888 USD
2 years ago
Jun 14, 2022
Bought 189 USD
Messier Thomas E
See Remarks
+ 200
0.9427 USD
2 years ago
Jun 14, 2022
Bought 10 K USD
Winn Charles Brent Jr.
Chief Financial Officer
+ 11000
0.91 USD
2 years ago
May 12, 2022
Bought 21.7 K USD
Winn Charles Brent Jr.
Chief Financial Officer
+ 23295
0.9299 USD
2 years ago
Mar 09, 2022
Bought 0 USD
Winn Charles Brent Jr.
Chief Financial Officer
+ 60000
0 USD
2 years ago
Mar 09, 2022
Bought 0 USD
Farmer Neil P
director:
+ 30000
0 USD
2 years ago
Mar 09, 2022
Bought 0 USD
Messier Thomas E
See Remarks
+ 30000
0 USD
2 years ago
Dec 06, 2021
Bought 10.3 K USD
Farmer Neil P
Director
+ 10000
1.0328 USD
2 years ago
Dec 03, 2021
Bought 640 USD
Messier Thomas E
See Remarks
+ 615
1.04 USD
2 years ago
Dec 03, 2021
Bought 1.02 K USD
Messier Thomas E
See Remarks
+ 1000
1.025 USD
2 years ago
Dec 03, 2021
Bought 3.81 K USD
Messier Thomas E
See Remarks
+ 3700
1.03 USD
2 years ago
Dec 03, 2021
Bought 4.92 K USD
Messier Thomas E
See Remarks
+ 4685
1.05 USD
2 years ago
Nov 19, 2021
Bought 8.86 K USD
Winn Charles Brent Jr.
Chief Financial Officer
+ 7982
1.11 USD
2 years ago
Nov 19, 2021
Bought 3.93 K USD
Winn Charles Brent Jr.
Chief Financial Officer
+ 3518
1.1182 USD
3 years ago
Nov 18, 2021
Bought 110 USD
Winn Charles Brent Jr.
Chief Financial Officer
+ 100
1.1 USD
3 years ago
Aug 13, 2021
Bought 11.5 K USD
Winn Charles Brent Jr.
Chief Financial Officer
+ 10000
1.15 USD
3 years ago
Jun 10, 2021
Sell 2.72 M USD
Ault Global Holdings, Inc.
10 percent owner
- 1480000
1.84 USD
3 years ago
Jun 01, 2021
Sell 156 K USD
Ault Global Holdings, Inc.
10 percent owner
- 100000
1.56 USD
3 years ago
May 19, 2021
Bought 9.96 K USD
Winn Charles Brent Jr.
Chief Financial Officer
+ 7000
1.4226 USD
3 years ago
May 19, 2021
Bought 14.4 K USD
Winn Charles Brent Jr.
Chief Financial Officer
+ 10000
1.4395 USD
3 years ago
May 18, 2021
Bought 7 K USD
Winn Charles Brent Jr.
Chief Financial Officer
+ 5000
1.3997 USD
3 years ago
May 17, 2021
Sell 18.9 K USD
Winn Charles Brent Jr.
Chief Financial Officer
- 800
23.62 USD
3 years ago
May 11, 2021
Bought 14.8 K USD
Ault Global Holdings, Inc.
10 percent owner
+ 10000
1.48 USD
3 years ago
May 11, 2021
Sell 24.8 K USD
Ault Global Holdings, Inc.
10 percent owner
- 15000
1.65 USD
3 years ago
Mar 19, 2021
Bought 4.52 K USD
Winn Charles Brent Jr.
Chief Financial Officer
+ 2000
2.26 USD
3 years ago
Mar 16, 2021
Bought 4.38 K USD
Winn Charles Brent Jr.
Chief Financial Officer
+ 2000
2.1889 USD
3 years ago
Nov 19, 2020
Bought 2.02 K USD
Winn Charles Brent Jr.
Chief Financial Officer
+ 916
2.2 USD
4 years ago
Nov 16, 2020
Bought 168 USD
Winn Charles Brent Jr.
Chief Financial Officer
+ 84
2 USD
4 years ago
Nov 16, 2020
Bought 6.67 K USD
Winn Charles Brent Jr.
Chief Financial Officer
+ 500
13.3493 USD
4 years ago
May 20, 2020
Bought 2.75 K USD
Winn Charles Brent Jr.
Chief Financial Officer
+ 1500
1.8359 USD
4 years ago
May 19, 2020
Bought 8.99 K USD
Winn Charles Brent Jr.
Chief Financial Officer
+ 5000
1.7979 USD
4 years ago
May 20, 2020
Bought 1.35 K USD
Winn Charles Brent Jr.
Chief Financial Officer
+ 100
13.5 USD
4 years ago
May 19, 2020
Bought 2.7 K USD
Winn Charles Brent Jr.
Chief Financial Officer
+ 200
13.5 USD
4 years ago
Apr 07, 2020
Bought 1.4 K USD
Mullinix Mark L. Sr.
Director
+ 1000
1.4 USD
5 years ago
Nov 08, 2019
Bought 49.6 K USD
Farmer Neil P
Director
+ 11285
4.397 USD
5 years ago
Aug 23, 2019
Bought 2.18 K USD
Mullinix Mark L. Sr.
Director
+ 500
4.37 USD
5 years ago
May 31, 2019
Bought 1.3 M USD
Virginia Birth-Related Neurological Injury Compensation Program
10 percent owner
+ 270833
4.8 USD
5 years ago
May 23, 2019
Bought 704 K USD
Virginia Birth-Related Neurological Injury Compensation Program
10 percent owner
+ 143693
4.8961 USD
5 years ago
Nov 30, 2018
Bought 1.25 M USD
Virginia Birth-Related Neurological Injury Compensation Program
10 percent owner
+ 125000
10 USD
7. News
Medalist Diversified REIT, Inc. Announces $4 Million Line of Credit and Cash Dividend of $0.06 Per Share on Its Common Stock and $0.50 Per Share on Its Series A Preferred Stock Cash Dividend 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 today that the Company has increased its line of credit to $4 million, previously set at $1.5 million, as part of its ongoing strategic efforts to enhance financial flexibility and support future growth. The expanded credit faci. businesswire.com - 1 month ago
The State Of REITs: August 2024 Edition The REIT sector soared in July with an +8.33% average total return and is now in the black year to date with +3.83% thus far in 2024. Small cap (+9.91%) and mid-cap REITs (+9.77%) averaged the highest total returns in July. Micro-caps (+5.85%) and large-caps (+5.53%) were also in the black in July, albeit. 86.84% of REIT securities had a positive total return in July. seekingalpha.com - 2 months ago
Top 4 Real Estate Stocks Which Could Rescue Your Portfolio In Q3 The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies. ` benzinga.com - 3 months ago
Medalist Diversified REIT, Inc. Announces Dividend of $0.05 Per Share on Its Common Stock and $0.50 Per Share on Its Series A Preferred 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 $0.05 per share (the "Dividend"). The Dividend will be payable in cash on Jul. businesswire.com - 4 months ago
Medalist Diversified REIT, Inc. Announces Effectiveness of Reverse Stock Split and Forward Stock Split RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the “Company” or “Medalist”), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing value-add commercial real estate in the Mid-Atlantic and Southeast regions of the United States, today announced that the previously announced (i) reverse stock split of shares of the Company's common stock (the “Common Stock”), and a corresponding adjustment to the outstanding common units. businesswire.com - 4 months ago
Medalist Diversified REIT, Inc. Announces Reverse Stock Split and Forward Stock Split RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the “Company” or “Medalist”), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing value-add commercial real estate in the Mid-Atlantic and Southeast regions of the United States, today announced that its Board of Directors approved a one-for-ten reverse stock split (the “Reverse Stock Split”) of the Company's issued and outstanding shares of common stock (the “Common Stoc. businesswire.com - 4 months ago
The State Of REITs: May 2024 Edition With a -4.27% average total return in April, REITs have now seen declines in 3 of the first 4 months of 2024. Micro caps (-2.71%) and small caps (-2.87%) averaged low single digit declines in April, while mid-caps (-5.36%) and large caps (-5.99%) performed even worse. 78.71% of REIT securities had a negative total return in April. seekingalpha.com - 5 months ago
Medalist Diversified REIT, Inc. Releases Update From Interim CEO and President RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (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., released today a letter from Francis P. Kavanaugh, the Company's interim CEO and President, providing an update on the Company's activities during the first 30 days of his tenure. Dear Shareholders, Having reached my 30th day as int. businesswire.com - 1 year ago
Medalist Diversified REIT, Inc. Grants Waiver to Shareholder Francis P. Kavanaugh to Increase Common Share Ownership RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (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 today that the Company's Board of Directors (the “Board”) has granted a waiver of the ownership limitations in Article VI of the Company's Articles of Incorporation as amended (the “Charter”) to permit Francis P. Kavanaugh. businesswire.com - 1 year ago
Medalist Diversified REIT, Inc. Shifts to Long-Term Value Creation Amid Current Market Conditions RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (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 today that it has paused its previously announced plan to sell certain assets and has shifted its strategy to focus on continuing to optimize long-term asset value. The move responds to evolving market conditions and align. businesswire.com - 1 year ago
Medalist Diversified REIT, Inc. Announces Transition to Internalized Management and Leadership Changes RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (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 today that the Company has completed its process to internalize management, and resultant changes to the Company's leadership and to the Company's Board of Directors (the “Board”). In connection with these actions, Thomas. businesswire.com - 1 year ago
Stick The Soft Landing U.S. equity markets advanced to their highest levels of the year on an "inflation week" rally after the closely-watched CPI and PPI reports showed a continued sharp cooldown in price pressures. Closing at the highest levels since April 2022, the S&P 500 advanced 2.4% this week, while the other major equity benchmarks - the Mid-Cap 400 and Small-Cap 600 - gained 3%. Real estate equities- the sector with perhaps the most potential upside from a "soft landing" scenario- were among the leaders for a third straight week. The Equity REIT Index gained 2.9%. None - 1 year ago
8. Profile Summary

Medalist Diversified REIT, Inc. MDRR

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COUNTRY US
INDUSTRY REIT - Diversified
MARKET CAP $ 13.8 M
Dividend Yield 0.56%
Description Medalist Diversified REIT Inc. is a Maryland corporation formed on September 28, 2015. Beginning with our taxable year ended December 31, 2017, we believe that we have operated in a manner qualifying us as a real estate investment trust (“REIT”), and we have elected to be taxed as a REIT for federal income tax purposes. Our company serves as the general partner of Medalist Diversified Holdings, LP which was formed as a Delaware limited partnership on September 29, 2015. Our company was formed to acquire, reposition, renovate, lease and manage income-producing properties, with a primary focus on (i) commercial properties, including flex-industrial and retail properties, (ii) multi-family residential properties and (iii) limited service hotel properties in secondary and tertiary markets in the southeastern part of the United States, with an expected concentration in Virginia, North Carolina, South Carolina, Georgia, Florida and Alabama.
Contact 1051 East Cary Street, Richmond, VA, 23219 https://www.medalistreit.com
IPO Date Nov. 28, 2018
Employees 0
Officers Mr. Deron Colby Esq. Counsel Mr. Charles Brent Winn Jr. Chief Financial Officer Mr. Kevin Rich Egan C.A.I.A., C.F.A., C.P.A. Director of Strategic Finance & Investor Relations Mr. Benjamin Ore Controller Mr. Francis P. Kavanaugh Chair of the Board, Chief Executive Officer, President, Secretary & Treasurer Ms. Erin Burke Chief of Staff