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Medalist Diversified (MDRR)

Market Price (3/25/2026): $11.5 | Market Cap: $12.8 Mil
Sector: Financials | Industry: Diversified Capital Markets

Medalist Diversified (MDRR)

Market Price (3/25/2026): $11.5
Market Cap: $12.8 Mil
Sector: Financials
Industry: Diversified Capital Markets

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 15%		 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 238%
1 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -25%		 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -1.9%
2 Attractive yield
Dividend Yield is 2.5%		 Not cash flow generative
FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -2.5%
3 Megatrend and thematic drivers
Megatrends include E-commerce Logistics & Data Centers, Smart Buildings & Proptech, and Sustainable & Green Buildings. Themes include E-commerce Logistics REITs, Show more.		 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -20%
4  Key risks
MDRR key risks include [1] a constrained financial capacity, Show more.
0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 15%
1 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -25%
2 Attractive yield
Dividend Yield is 2.5%
3 Megatrend and thematic drivers
Megatrends include E-commerce Logistics & Data Centers, Smart Buildings & Proptech, and Sustainable & Green Buildings. Themes include E-commerce Logistics REITs, Show more.
4 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 238%
5 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -1.9%
6 Not cash flow generative
FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -2.5%
7 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -20%
8 Key risks
MDRR key risks include [1] a constrained financial capacity, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Medalist Diversified (MDRR) stock has lost about 15% since 11/30/2025 because of the following key factors:

1. Strategic Repositioning and REIT Revocation Introduced Uncertainty.

Medalist Diversified REIT (MDRR) announced a significant strategic shift, revoking its REIT tax election effective January 1, 2026, to transition into a C-corporation focused on capital allocation and Delaware Statutory Trust (DST) sponsorship. This change in business model from a traditional equity REIT introduces new operational and distribution risks, potentially contributing to investor apprehension.

2. Widening Net Losses Continued in Q4 2025.

The company reported a net loss of $348,773 for the fourth quarter of 2025, representing a 102.8% increase in losses compared to Q4 2024. This occurred despite an 11.8% increase in total revenue to $2.82 million in Q4 2025. This deteriorating profitability, following a Q3 2025 net loss of $166,738, underscores ongoing financial challenges and could have negatively impacted stock performance.

Show more

Stock Movement Drivers

Fundamental Drivers

The -15.5% change in MDRR stock from 11/30/2025 to 3/24/2026 was primarily driven by a -24.8% change in the company's P/S Multiple.
(LTM values as of)113020253242026Change
Stock Price ($)13.5111.41-15.5%
Change Contribution By: 
Total Revenues ($ Mil)10103.0%
P/S Multiple1.61.2-24.8%
Shares Outstanding (Mil)119.2%
Cumulative Contribution-15.5%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 3/24/2026
ReturnCorrelation
MDRR-15.5% 
Market (SPY)-4.1%-27.1%
Sector (XLF)-7.3%-38.2%

Fundamental Drivers

The -9.4% change in MDRR stock from 8/31/2025 to 3/24/2026 was primarily driven by a -30.9% change in the company's P/S Multiple.
(LTM values as of)83120253242026Change
Stock Price ($)12.5911.41-9.4%
Change Contribution By: 
Total Revenues ($ Mil)10107.7%
P/S Multiple1.81.2-30.9%
Shares Outstanding (Mil)1121.8%
Cumulative Contribution-9.4%

LTM = Last Twelve Months as of date shown

Market Drivers

8/31/2025 to 3/24/2026
ReturnCorrelation
MDRR-9.4% 
Market (SPY)1.8%-13.2%
Sector (XLF)-8.1%-19.6%

Fundamental Drivers

The -10.8% change in MDRR stock from 2/28/2025 to 3/24/2026 was primarily driven by a -19.9% change in the company's P/S Multiple.
(LTM values as of)22820253242026Change
Stock Price ($)12.7911.41-10.8%
Change Contribution By: 
Total Revenues ($ Mil)10106.8%
P/S Multiple1.51.2-19.9%
Shares Outstanding (Mil)114.4%
Cumulative Contribution-10.8%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2025 to 3/24/2026
ReturnCorrelation
MDRR-10.8% 
Market (SPY)11.2%2.0%
Sector (XLF)-4.2%-0.8%

Fundamental Drivers

The 724.4% change in MDRR stock from 2/28/2023 to 3/24/2026 was primarily driven by a 799.3% change in the company's P/S Multiple.
(LTM values as of)22820233242026Change
Stock Price ($)1.3811.41724.4%
Change Contribution By: 
Total Revenues ($ Mil)1110-6.5%
P/S Multiple0.11.2799.3%
Shares Outstanding (Mil)11-1.9%
Cumulative Contribution724.4%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2023 to 3/24/2026
ReturnCorrelation
MDRR724.4% 
Market (SPY)71.5%1.7%
Sector (XLF)44.8%-1.3%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
MDRR Return-43%-37%-4%1185%-5%-8%281%
Peers Return-1%-42%9%-14%-21%-12%-63%
S&P 500 Return27%-19%24%23%16%-4%75%

Monthly Win Rates [3]
MDRR Win Rate42%25%33%67%42%0% 
Peers Win Rate44%38%42%47%42%53% 
S&P 500 Win Rate75%42%67%75%67%33% 

Max Drawdowns [4]
MDRR Max Drawdown-53%-41%-10%-7%-23%-10% 
Peers Max Drawdown-22%-47%-26%-25%-40%-17% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-5% 

[1] Cumulative total returns since the beginning of 2021
[2] Peers: MDV, FVR, GIPR, SQFT, WPC.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/24/2026 (YTD)

How Low Can It Go

Unique KeyEventMDRRS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-80.9%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven422.4%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven386 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-75.7%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven311.7%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven1,378 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-64.1%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven178.4%24.7%
2018 CorrectionTime to BreakevenTime to BreakevenNot Fully Recovered days120 days

Compare to MDV, FVR, GIPR, SQFT, WPC

In The Past

Medalist Diversified's stock fell -80.9% during the 2022 Inflation Shock from a high on 2/9/2021. A -80.9% loss requires a 422.4% gain to breakeven.

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About Medalist Diversified (MDRR)

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.

AI Analysis | Feedback

Here are 1-2 brief analogies for Medalist Diversified (MDRR):

  • Like a mini-Berkshire Hathaway, but specifically for a diverse portfolio of retail, industrial, apartment, and hotel properties across the U.S. Southeast.
  • It's essentially a publicly traded 'ETF' or 'mutual fund' that invests in and manages a variety of real estate properties – from stores and warehouses to apartments and hotels – primarily in the southeastern U.S.

AI Analysis | Feedback

  • Commercial Property Leasing: Providing leasable space in commercial properties such as flex-industrial and retail facilities.
  • Multi-Family Residential Property Leasing: Providing leasable units in multi-family residential complexes.
  • Limited Service Hotel Property Income Generation: Generating income through the ownership and management of limited service hotel properties.

AI Analysis | Feedback

Medalist Diversified (MDRR) serves a diverse customer base across its portfolio of properties. Due to the nature of its business as a real estate investment trust (REIT) focused on leasing properties and providing accommodation, its major customers are broadly categorized by the type of property they occupy or utilize.

The company's major customers fall into the following categories:

  1. Commercial Tenants (Businesses): These are businesses that lease flex-industrial and retail spaces from Medalist Diversified. These customers utilize the properties for various commercial operations, including manufacturing, warehousing, distribution, office space, and retail sales. Specific names of individual commercial tenants are typically not disclosed by diversified REITs unless they represent a highly significant portion of the company's revenue.
  2. Multi-family Residential Tenants (Individuals/Families): These are individuals or families who rent apartment units within Medalist Diversified's multi-family residential properties.
  3. Limited Service Hotel Guests (Individuals): These are individuals who book stays at Medalist Diversified's limited service hotel properties for short-term accommodation, whether for business, leisure, or other travel needs.

AI Analysis | Feedback

null

AI Analysis | Feedback

Frank Kavanaugh, President and Chief Executive Officer

Frank Kavanaugh was appointed President and Chief Executive Officer in July 2023. He brings over 30 years of business transformation experience, having previously served as an executive at Microsoft and Hewlett-Packard. Notably, he led Force Protection Inc. from under $1 million to over $1 billion in six years.

Brent Winn, Jr., Chief Financial Officer

Brent Winn, Jr. is a real estate finance veteran with experience since 1987. He is a former CSX Realty executive and has been instrumental in architecting Medalist's financial systems and controls since 2018.

Peter Elwell, Managing Director, DST Investments

Peter Elwell is a finance and real estate investment professional with experience in constructing and managing multiple commercial real estate portfolios. His public company background includes roles in mergers and acquisitions and corporate finance at Disney, PRIMEDIA, and KPMG.

Ron Nielsen, EVP Sponsor Operations

Ron Nielsen leads platform operations, marketing strategy, and sales execution across Medalist's DST sponsor business. He is also responsible for managing investor onboarding through close and serves as a member of the Investment Committee.

Erin Burke, Chief of Staff

Erin Burke manages operational execution and coordinates investor communications, reporting, and internal workflows for Medalist.

AI Analysis | Feedback

Key Risks to Medalist Diversified (MDRR)

The primary risks to Medalist Diversified (MDRR) stem from its fundamental strategic repositioning, effective January 1, 2026, from a traditional Real Estate Investment Trust (REIT) to a business focused on generating fee income and increasing assets under management through its Delaware Statutory Trust (DST) Program. The company also changed its name to Medalist Diversified, Inc. on March 2, 2026.

  1. Execution Risk of New Business Strategy: Medalist Diversified's success is heavily dependent on the effective execution of its new business strategy. The company has revoked its REIT status and is transitioning its primary focus to building its DST Program and selectively monetizing legacy real estate assets. There is no assurance that this strategic repositioning will be successful in unlocking potential value, achieving objectives related to the DST Program, or other investment strategies. The effectiveness of capital redeployment into DST fee income, treasuries, and potential acquisitions will significantly shape future earnings and risk.

  2. Intense Competition in Real Estate and DST Markets: The company faces significant competition in acquiring real estate investments for its DST Program and in attracting investors to its DST offerings. It competes with a broad range of third parties, including other REITs, DST sponsors, specialty finance companies, banks, and institutional investors. This competitive landscape could impact Medalist Diversified's ability to source profitable investments and attract capital for its DSTs.

  3. Real Estate Market Risks and Illiquidity of DST Properties: Despite the shift in business model, Medalist Diversified's underlying assets for its DST Program remain real estate, primarily commercial properties, multi-family residential properties, and limited-service hotels in secondary and tertiary markets in the southeastern United States. Consequently, the company remains susceptible to general real estate market fluctuations, economic downturns, and regional market risks. Additionally, DST properties may be less liquid than other assets, which could impair the company's ability to utilize cash proceeds from sales for debt reduction, distributions, or additional investments, thereby limiting its financial flexibility.

AI Analysis | Feedback

The clear emerging threat for Medalist Diversified is the continued expansion and increasing market penetration of **peer-to-peer lodging platforms (e.g., Airbnb, VRBO)**. These platforms offer an alternative lodging model that directly competes with Medalist Diversified's limited-service hotel properties, especially in the secondary and tertiary markets where the company focuses. This disruption is analogous to how Netflix challenged Blockbuster by offering a different service delivery model.

AI Analysis | Feedback

The addressable markets for Medalist Diversified (MDRR)'s main products or services in the Southeastern United States are as follows:

Commercial Properties: The U.S. Commercial Real Estate Market size is estimated to be approximately $1.7 trillion in 2025. The South region, which includes Medalist Diversified's target states, accounted for 29% of the total United States commercial real estate market in 2025. Therefore, the addressable market for Medalist Diversified in the Southeastern U.S. for commercial properties is approximately $493 billion USD in 2025. This market covers regions including Virginia, North Carolina, South Carolina, Georgia, Florida, and Alabama.

Multi-family Residential Properties: The United States multifamily market size was valued at $265 billion USD in 2022 and is projected to grow to $466 billion by 2030. While a specific market size solely for the Southeastern U.S. is not provided, the region, encompassing states like Virginia, North Carolina, South Carolina, Georgia, Florida, and Alabama, is recognized as a leading and rapidly expanding market for multifamily investments due to significant population growth and economic development.

Limited Service Hotel Properties: The overall USA hospitality real estate market is estimated at approximately $1.03 trillion USD in 2025. Limited-service hotels often fall within the mid and upper-midscale categories, which held a 47.73% share of the U.S. hospitality market in 2025. Based on this, the addressable market for these types of hotels across the U.S. is approximately $491.5 billion USD in 2025. The Southeast is a highly active hospitality region, with considerable investor focus on limited-service and select-service properties due to their resilient cash flow and operational models.

Flex-industrial Properties: null

Retail Properties: null

AI Analysis | Feedback

Here are 3-5 expected drivers of future revenue growth for Medalist Diversified (MDRR) over the next 2-3 years:

  1. Expansion of the Delaware Statutory Trust (DST) Sponsorship Platform: As part of its corporate repositioning and transition from an equity REIT to a C-corporation, Medalist Diversified intends to expand its DST sponsorship platform. This platform generates fee income from the acquisition, management, and disposition of real estate assets for Section 1031 exchange investors, creating a new and flexible revenue stream.
  2. Strategic Acquisitions and Dispositions of Real Estate Properties: The company actively engages in portfolio optimization through strategic acquisitions and divestitures of commercial properties. For example, in 2024, Medalist completed an acquisition and a divestiture to enhance its portfolio, indicating a continued focus on growing its income-producing asset base.
  3. Growth in the Flex Industrial Property Segment: Medalist Diversified has demonstrated significant growth within its flex industrial properties. In 2024, the same-store net operating income (SS NOI) for these properties increased by 4.6% year-over-year, highlighting this segment as a strong contributor to revenue growth.
  4. Increased Occupancy Rates and Rental Growth in Existing Portfolio: Improving occupancy rates across its commercial properties, particularly retail and flex properties, will drive revenue growth from the existing asset base. For instance, as of March 31, 2023, the average occupancy rate for the company's retail and flex properties increased to 96.7% compared to 94.0% in the prior year.

AI Analysis | Feedback

Share Repurchases

  • Medalist Diversified has not reported any significant share repurchase programs in the last 3-5 years. The company spent $0 on share buybacks in Q4 2025.

Share Issuances

  • In January 2021, Medalist Diversified REIT announced the pricing of a $12.0 million public offering of common stock.
  • On January 10, 2025, the company fully redeemed its 60,000 outstanding shares of 8.0% Series A Cumulative Redeemable Preferred Stock for approximately $1,526,400 ($25.44 per share, including accrued dividends).
  • Medalist Diversified filed for a $100 million common stock offering on April 9, 2025, indicating an authorized potential for future share issuances.

Inbound Investments

  • The company increased its line of credit by $4 million in October 2024, enhancing its financial flexibility.

Capital Expenditures

  • Capital expenditures for the last 12 months (as of November 6, 2025) were approximately $1.45 million.
  • In the most recent reported quarter, capital expenditures totaled approximately $0.57 million.
  • The primary focus of capital expenditures is on acquiring, repositioning, renovating, leasing, and managing income-producing commercial properties (including flex-industrial and retail), multi-family residential properties, and limited-service hotel properties in secondary and tertiary markets in the southeastern United States. [Background, 6]

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Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
NDAQ_2282026_Insider_Buying_45D_2Buy_200K02282026NDAQNasdaqInsiderInsider Buys 45DStrong Insider Buying
Companies with multiple insider buys in the last 45 days		0.0%0.0%0.0%
JEF_2272026_Dip_Buyer_ValueBuy02272026JEFJefferies FinancialDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin		0.0%0.0%0.0%
ALAB_2272026_Dip_Buyer_High_CFO_Margins_ExInd_DE02272026ALABAstera LabsDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap		0.0%0.0%0.0%
PAYO_2272026_Dip_Buyer_High_CFO_Margins_ExInd_DE02272026PAYOPayoneer GlobalDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap		0.0%0.0%0.0%
FOUR_2272026_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG02272026FOURShift4 PaymentsDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap		0.0%0.0%0.0%

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Peer Comparisons

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Financials

MDRRMDVFVRGIPRSQFTWPCMedian
NameMedalist.Modiv In.FrontVie.Generati.Presidio.W.P. Car. 
Mkt Price11.4114.2415.610.322.2167.4012.83
Mkt Cap0.00.10.30.00.014.90.1
Rev LTM10476710181,71632
Op Inc LTM12011-108726
FCF LTM-017421-01,2829
FCF 3Y Avg-018--10-01,396-0
CFO LTM217421-01,2829
CFO 3Y Avg118-1-01,3961

Growth & Margins

MDRRMDVFVRGIPRSQFTWPCMedian
NameMedalist.Modiv In.FrontVie.Generati.Presidio.W.P. Car. 
Rev Chg LTM6.8%-0.8%12.7%-2.6%-5.7%8.4%3.0%
Rev Chg 3Y Avg-1.9%6.5%-29.7%-0.1%5.7%5.7%
Rev Chg Q11.8%0.3%8.8%2.9%-11.2%9.4%5.8%
QoQ Delta Rev Chg LTM3.0%0.1%2.0%0.7%-2.9%2.3%1.4%
Op Mgn LTM10.2%42.5%16.7%-10.7%1.8%50.8%13.4%
Op Mgn 3Y Avg11.0%33.0%15.7%-12.8%-2.2%48.9%13.3%
QoQ Delta Op Mgn LTM1.7%0.2%-1.7%-2.6%-0.3%0.3%-0.0%
CFO/Rev LTM14.7%35.1%62.9%6.6%-2.6%74.7%24.9%
CFO/Rev 3Y Avg11.4%37.2%-6.6%-1.3%84.0%11.4%
FCF/Rev LTM-2.5%35.1%62.9%6.6%-2.6%74.7%20.9%
FCF/Rev 3Y Avg-2.3%37.2%--172.7%-1.3%84.0%-1.3%

Valuation

MDRRMDVFVRGIPRSQFTWPCMedian
NameMedalist.Modiv In.FrontVie.Generati.Presidio.W.P. Car. 
Mkt Cap0.00.10.30.00.014.90.1
P/S1.23.15.10.20.28.72.2
P/EBIT17.08.026.6-2.1-17.118.712.5
P/E-5.4103.0-88.9-0.2-0.431.9-0.3
P/CFO8.38.88.12.7-6.011.68.2
Total Yield-15.8%9.2%3.7%-589.8%-252.4%8.5%-6.0%
Dividend Yield2.5%8.2%4.9%0.0%0.0%5.3%3.7%
FCF Yield 3Y Avg-38.2%13.6%--92.5%-1.3%10.6%-1.3%
D/E2.61.91.039.434.90.62.3
Net D/E2.41.90.939.333.30.62.1

Returns

MDRRMDVFVRGIPRSQFTWPCMedian
NameMedalist.Modiv In.FrontVie.Generati.Presidio.W.P. Car. 
1M Rtn-2.9%-6.9%-3.8%-44.9%-25.3%-6.9%-6.9%
3M Rtn-2.8%1.3%5.6%-57.5%-29.8%6.5%-0.7%
6M Rtn-11.4%-0.2%19.2%-72.9%-65.5%2.3%-5.8%
12M Rtn-6.7%-3.9%24.3%-80.8%-63.2%16.1%-5.3%
3Y Rtn808.8%80.3%-10.0%-92.3%-77.2%6.1%-1.9%
1M Excs Rtn-0.8%-3.3%-1.1%-37.2%-21.2%-3.6%-3.5%
3M Excs Rtn-7.7%2.3%8.2%-53.1%-28.1%9.9%-2.7%
6M Excs Rtn-13.4%2.1%20.9%-68.3%-61.5%5.3%-5.7%
12M Excs Rtn-20.5%-16.8%8.7%-95.4%-78.5%0.3%-18.7%
3Y Excs Rtn752.6%7.9%-77.4%-159.8%-144.0%-61.8%-69.6%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil2025
Retail center properties7
Flex center property2
Non-cash revenues0
Single tenant net lease (STNL) properties0
Total10


Operating Income by Segment
$ Mil2025
Retail center properties3
Flex center property1
Single tenant net lease (STNL) properties0
Total4


Assets by Segment
$ Mil2025
Retail center properties61
Flex center property20
Assets held by parent company2
Assets held by operating partnership0
Single tenant net lease (STNL) properties0
Total83


Price Behavior

Price Behavior
Market Price$11.41 
Market Cap ($ Bil)0.0 
First Trading Date11/28/2018 
Distance from 52W High-20.2% 
   50 Days200 Days
DMA Price$12.04$12.05
DMA Trendindeterminatedown
Distance from DMA-5.2%-5.3%
 3M1YR
Volatility49.5%59.4%
Downside Capture-65.43-64.11
Upside Capture-111.84-60.97
Correlation (SPY)-23.4%0.9%
MDRR Betas & Captures as of 2/28/2026

 1M2M3M6M1Y3Y
Beta-2.41-1.34-1.30-0.480.050.53
Up Beta-1.55-0.79-0.71-0.690.13-1.03
Down Beta-6.12-2.74-2.48-1.010.340.05
Up Capture-187%-101%-116%-21%-14%71%
Bmk +ve Days9203170142431
Stock +ve Days615234690307
Down Capture-107%-51%-44%-6%-36%27%
Bmk -ve Days12213054109320
Stock -ve Days1118264594327

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with MDRR
MDRR-20.2%56.8%-0.48-
Sector ETF (XLF)1.0%19.1%-0.07-0.7%
Equity (SPY)16.9%18.9%0.693.1%
Gold (GLD)46.2%27.1%1.390.2%
Commodities (DBC)18.3%17.5%0.866.6%
Real Estate (VNQ)2.3%16.5%-0.03-2.6%
Bitcoin (BTCUSD)-15.2%44.1%-0.250.8%

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Based On 5-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with MDRR
MDRR27.5%476.1%0.44-
Sector ETF (XLF)9.3%18.7%0.38-0.1%
Equity (SPY)11.9%17.0%0.541.7%
Gold (GLD)20.0%17.5%0.933.4%
Commodities (DBC)11.0%19.0%0.471.8%
Real Estate (VNQ)2.9%18.8%0.060.3%
Bitcoin (BTCUSD)3.9%56.7%0.29-2.0%

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Based On 10-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with MDRR
MDRR0.2%397.3%0.36-
Sector ETF (XLF)12.6%22.1%0.521.2%
Equity (SPY)14.3%17.9%0.682.2%
Gold (GLD)13.2%15.8%0.693.1%
Commodities (DBC)8.5%17.6%0.402.2%
Real Estate (VNQ)5.0%20.7%0.211.3%
Bitcoin (BTCUSD)67.3%66.8%1.06-0.4%

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Short Interest

Short Interest: As Of Date3132026
Short Interest: Shares Quantity0.0 Mil
Short Interest: % Change Since 2282026-19.2%
Average Daily Volume0.0 Mil
Days-to-Cover Short Interest5.4 days
Basic Shares Quantity1.1 Mil
Short % of Basic Shares0.7%

Returns Analyses

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
4/8/2024-1.0%-6.1%-5.8%
11/13/2023-2.9%-5.5%-4.5%
8/9/2023-4.0%-2.5%-4.5%
3/10/2023-5.2%-7.5%-7.5%
11/9/2022-3.1%-1.2%-8.2%
8/9/2022-6.0%2.4%-12.4%
3/16/20220.9%0.0%5.7%
11/15/2021-2.5%-6.7%-12.6%
...
SUMMARY STATS   
# Positive121
# Negative878
Median Positive0.9%1.2%5.7%
Median Negative-3.5%-6.1%-7.9%
Max Positive0.9%2.4%5.7%
Max Negative-8.7%-18.7%-43.9%

SEC Filings

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Report DateFiling DateFiling
12/31/202503/02/202610-K
09/30/202511/06/202510-Q
06/30/202508/07/202510-Q
03/31/202505/08/202510-Q
12/31/202402/27/202510-K
09/30/202411/12/202410-Q
06/30/202408/09/202410-Q
03/31/202405/09/202410-Q
12/31/202303/06/202410-K
09/30/202311/13/202310-Q
06/30/202308/09/202310-Q
03/31/202305/11/202310-Q
12/31/202203/10/202310-K
09/30/202211/09/202210-Q
06/30/202208/09/202210-Q
03/31/202205/09/202210-Q

Insider Activity

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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value		Value of
Held Shares		Form
1Kavanaugh, FrankCHAIRMAN, CEO & PRESIDENTDirectBuy1215202512.992,58233,5413,925,382Form
2Finley, Alfred LeeDirectSell1211202515.00100,0001,500,000999,885Form
3Kavanaugh, FrankCHAIRMAN, CEO & PRESIDENTDirectBuy1211202514.7170,0001,030,0004,408,326Form
4Winn, Charles Brent JrCHIEF FINANCIAL OFFICERDirectBuy1211202512.664005,062698,637Form
5Kavanaugh, FrankCHAIRMAN, CEO & PRESIDENTDirectBuy1208202514.037,06399,0943,207,777Form

Industry Resources

External Quote Links


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