Medalist Diversified REIT (NASDAQ:MDRR) Shares Down 0.1% – What’s Next?

Medalist Diversified REIT, Inc. (NASDAQ:MDRR) traded down 0.1% during trading on Friday . The stock traded as low as $11.20 and last traded at $11.20. 3,127 shares traded hands during trading, an increase of 166% from the average session volume of 1,177 shares. The stock had previously closed at $11.21.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Medalist Diversified REIT in a research note on Friday, January 9th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Medalist Diversified REIT Stock Down 0.1%

The firm has a market cap of $16.02 million, a P/E ratio of -6.09 and a beta of 0.51. The company has a debt-to-equity ratio of 1.36, a quick ratio of 4.47 and a current ratio of 4.47. The firm’s fifty day moving average is $11.57 and its 200 day moving average is $12.45.

Medalist Diversified REIT (NASDAQ:MDRR) last announced its earnings results on Monday, March 2nd. The company reported ($0.43) EPS for the quarter. The company had revenue of $2.82 million for the quarter. Medalist Diversified REIT had a negative return on equity of 9.28% and a negative net margin of 22.37%.

Medalist Diversified REIT Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 21st. Investors of record on Wednesday, April 15th were paid a $0.0675 dividend. The ex-dividend date was Wednesday, April 15th. This represents a $0.27 annualized dividend and a yield of 2.4%. Medalist Diversified REIT’s payout ratio is -14.67%.

Medalist Diversified REIT Company Profile

Medalist Diversified REIT Inc is 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. The Company's strategy is to focus on commercial real estate which is expected to provide an attractive balance of risk and returns. Medalist utilizes a rigorous, consistent and replicable process for sourcing and conducting due diligence of acquisitions.