Plymouth Industrial REIT, Inc. (PLYM)
Market Cap | 825.83M |
Revenue (ttm) | 201.57M |
Net Income (ttm) | 846,000 |
Shares Out | 45.88M |
EPS (ttm) | 0.01 |
PE Ratio | 976.16 |
Forward PE | 148.27 |
Dividend | $0.96 (5.33%) |
Ex-Dividend Date | Sep 30, 2024 |
Volume | 516,903 |
Open | 17.22 |
Previous Close | 17.40 |
Day's Range | 17.22 - 18.17 |
52-Week Range | 17.22 - 24.71 |
Beta | 1.38 |
Analysts | Buy |
Price Target | 24.50 (+36.11%) |
Earnings Date | Feb 19, 2025 |
About PLYM
Plymouth Industrial REIT, Inc. (NYSE: PLYM) is a full service, vertically integrated real estate investment company focused on the acquisition, ownership and management of single and multi-tenant industrial properties. Our mission is to provide tenants with cost effective space that is functional, flexible and safe. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for PLYM stock is "Buy." The 12-month stock price forecast is $24.5, which is an increase of 36.11% from the latest price.
News
Plymouth Industrial REIT Adds to its Presence in Cincinnati with Acquisition of Small Bay Industrial Portfolio for $20.1 Million
Second Tranche of Portfolio to Close in First Quarter of 2025 for $17.9 Million Second Tranche of Portfolio to Close in First Quarter of 2025 for $17.9 Million
Plymouth Industrial REIT Declares Dividend for the Fourth Quarter of 2024
BOSTON, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the “Company”) today announced that its board of directors has declared a regular quarterly cash dividend of $0.2...
Sector Spotlight: Industrial REITs - Still A Real Estate Darling?
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Undercovered Dozen: Canadian Solar, Plymouth Industrial, GameStop, Samsara +
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Plymouth Industrial: Too Risky To Own
Despite some positive deals, Plymouth's high volatility, tenant issues, and underperformance compared to peers make it less attractive for income-seeking investors. Plymouth's smaller size makes it vu...
AIP Realty Trust Announces Securities Purchase Agreement to Acquire AllTrades Industrial Properties, LLC and Closing of Investment by Plymouth Industrial OP, LP, a subsidiary of Plymouth Industrial REIT, Inc.
VANCOUVER, British Columbia, Nov. 14, 2024 (GLOBE NEWSWIRE) -- AIP Realty Trust (the “Trust” or “AIP”) (TSXV: AIP.U) today announces that it, through its subsidiary AIP OP, LP (“OP LP”), has entered i...
Plymouth Industrial REIT, Inc. (PLYM) Q3 2024 Earnings Call Transcript
Plymouth Industrial REIT, Inc. (NYSE:PLYM) Q3 2024 Earnings Conference Call November 7, 2024 9:00 AM ET Company Participants Tripp Sullivan - Investor Relations Jeff Witherell - Chairman & Chief Exec...
Plymouth Industrial REIT Reports Third Quarter 2024 Results
BOSTON, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the “Company”) today announced its financial results for the third quarter ended September 30, 2024, and other re...
Plymouth Industrial REIT Upsizes Aggregate Borrowing Capacity to $1.5 Billion with New $600 Million Unsecured Credit Facility
BOSTON, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the “Company”) today announced it has entered into a $600 million amended and restated unsecured credit facility ...
Mopar Energizes 2024 SEMA Show With Plymouth GTX Electromod and Ram Sport Truck Concepts
AUBURN HILLS, Mich., Oct. 29, 2024 /PRNewswire/ -- 1967 Plymouth GTX Electromod Concept is powered by a conceptual Mopar e-Crate propulsion package Ram 2500 Power Wagon Concept bridges gap between dai...
These REITs Trade At Premiums, But Should They?
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If I Was Retiring In 10-20 Years With 10 REITs - Part 3
The Federal Reserve is expected to cut interest rates, benefiting REITs, which have shown strong performance and offer attractive investment opportunities for long-term growth. NETSTREIT, Kite Realty,...
Plymouth Industrial REIT Declares Dividend for the Third Quarter of 2024
BOSTON, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the “Company”) today announced that its board of directors has declared a regular quarterly cash dividend of $0....
Plymouth Industrial REIT Announces Strategic Partnership with Sixth Street
Highlights: The transaction provides Plymouth with approximately $500 million of capital to pursue acquisitions Sixth Street intends to be a strategic partner in pursuing additional joint venture oppo...
2 'Under The Radar' REITs Up To 40% Undervalued
The purpose of this article isn't to make the case that a recession will happen. What matters is that the pressure on the Fed is rising to finally cut rates, and to figure out what happens when the Fe...
Plymouth Industrial: Buy High Quality At A Substantial Discount
Individual stock investing can be highly rewarding, so long as one is willing to do the legwork of finding quality stocks at a discount. Plymouth Industrial is an under-the-radar REIT with strong fund...
Plymouth Industrial REIT, Inc. (PLYM) Q2 2024 Earnings Call Transcript
Plymouth Industrial REIT, Inc. (NYSE:PLYM) Q2 2024 Results Conference Call August 1, 2024 9:00 AM ET Company Participants Tripp Sullivan - SCR Partners LLC Jeff Witherell - Chairman and Chief Executi...
Plymouth Industrial REIT Reports Second Quarter 2024 Results
BOSTON, July 31, 2024 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the “Company”) today announced its financial results for the second quarter ended June 30, 2024, and other recent...
Industrial Real Estate Returning To Growth
Second quarter earnings reports from Prologis and First Industrial indicate growth returning to the industrial sector. Industrial real estate market rental rates stopped growing in late 2023, but rece...
Plymouth Industrial REIT Provides Activity Update for Second Quarter 2024
BOSTON, July 08, 2024 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) announced its leasing and development activity for the second quarter of 2024. The Company also announced details ...