Medalist Diversified REIT Stock (NASDAQ:MDRR)
Previous Close
$13.17
52W Range
$8.24 - $15.00
50D Avg
$12.28
200D Avg
$11.88
Market Cap
$16.15M
Avg Vol (3M)
$4.81K
Beta
0.74
Div Yield
$0.24 (1.17%)
MDRR Company Profile
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.
MDRR Performance
Revenue Breakdown
Revenue Breakdown by Product/Service
| Product/Service | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Retail center property revenues | $7.77M | $7.05M | $4.72M |
| Flex center property revenues | $2.50M | $2.53M | $934.23K |
| Flex center property tenant reimbursements | - | - | $268.59K |
| Retail center property tenant reimbursements | - | - | $915.11K |
| CAM reimbursements | - | - | $113.49K |
Fiscal year ends in Dec 23 | Currency in USD