Medalist Diversified REIT (MDRR) to Release Quarterly Earnings on Friday

Medalist Diversified REIT (NASDAQ:MDRR) is expected to be issuing its results after the market closes on Friday, May 15th. Analysts expect the company to announce earnings of ($1.76) per share and revenue of $3.00 million for the quarter.

Medalist Diversified REIT (NASDAQ:MDRR) last released its quarterly earnings data on Monday, March 2nd. The company reported ($0.43) earnings per share 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 Stock Performance

NASDAQ MDRR opened at $11.60 on Wednesday. The stock’s fifty day moving average is $11.50 and its two-hundred day moving average is $12.29. The firm has a market capitalization of $16.59 million, a P/E ratio of -6.31 and a beta of 0.59. The company has a debt-to-equity ratio of 1.36, a quick ratio of 4.47 and a current ratio of 4.47. Medalist Diversified REIT has a fifty-two week low of $9.55 and a fifty-two week high of $14.52.

Medalist Diversified REIT Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 21st. Shareholders of record on Wednesday, April 15th were paid a dividend of $0.0675 per share. The ex-dividend date of this dividend was Wednesday, April 15th. This represents a $0.27 dividend on an annualized basis and a yield of 2.3%. 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.