MacKenzie Realty Capital, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $3.9M
- Price
- $1.39
- % Change (Daily % change from the live per-ticker quote feed.)
- +0.72%
- Volume
- 44.7K
About
MacKenzie Realty Capital, Inc. (which, along with its subsidiaries, is collectively referred to as "the Company," "we," or "our") was formed on January 27, 2012, in accordance with Maryland's general corporation laws. The Company has chosen to be taxed as a Real Estate Investment Trust (REIT), complying with the definitions provided in Subchapter M of the amended Internal Revenue Code of 1986. A total of 100,000,000 shares are authorized for issuance. This total comprises 80,000,000 shares of common stock and 20,000,000 shares of preferred stock, each possessing a par value of $0.0001. Our business operations began on February 28, 2013, and our fiscal year ends annually on June 30.
Quick stats
Shares outstanding2.8M
Computed float1.5M
Float / shares53.7%
Key info
SectorReal Estate
IndustryREIT - Diversified
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001550913
AI Summary
AI-generated1/8
standardmixedearnings
MacKenzie Realty Capital Reports FY 2026 Financial Results and Announces Suspension of Preferred Share Repurchase Program while Exploring Strategic Transactions
MacKenzie Realty Capital reported FY2026 net revenues of $20.01 million, down 9% from $22.06 million, primarily due to lapping roughly $3.0 million of lease termination income in the prior year.
The loss picture improved: net operating loss narrowed 33% to $15.61 million and net loss fell 41% to $14.13 million, which management said was in line with internal expectations.
The Board temporarily suspended the Preferred Share Repurchase Program to facilitate a strategic review led by financial advisor Maxim Group LLC, exploring options including reverse takeovers.
The suspension is partly a response to selling pressure from issuing common stock in exchange for preferred shares; no assurance was given that any strategic transaction will result.
Red flags
- revenue declined 9% year-over-year
- Preferred Share Repurchase Program suspended, removing a support mechanism
- common stock issued for preferred shares has created additional selling pressure on the stock
- strategic review may not result in any transaction; company undertakes no obligation to update