Modiv Industrial's Q4 revenue misses estimates

Modiv Industrial

25/03/2026 20:18

Overview

U.S. industrial real estate REIT's Q4 revenue declined and missed analyst expectations

Company completed $26 mln property sale in Issaquah, WA and repaid $18.3 mln mortgage

Outlook

Company did not provide specific guidance for current or future financial results

Result Drivers

ASSET SALES - Q4 results included $26 mln property sale in Issaquah, WA and repayment of related mortgage

DELAYED RECYCLING INITIATIVE - Time spent evaluating unsolicited acquisition offers marginally delayed asset recycling efforts, per CEO Aaron Halfacre

CHALLENGING MARKET CONDITIONS - CEO cited high rates, inflation, and geopolitical uncertainty as ongoing headwinds for REITs

Company press release: ID:nBw15XDTga

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
$11.1 mln
$11.4 mln (5 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the commercial reits peer group is "buy"

Wall Street's median 12-month price target for Modiv Industrial Inc is $18.00, about 26.4% above its March 24 closing price of $14.24

The stock recently traded at 97 times the next 12-month earnings vs. a P/E of 166 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)