Plymouth Industrial REIT, Inc. (PLYM)
Market Cap | 669.90M |
Revenue (ttm) | 193.21M |
Net Income (ttm) | 137.87M |
Shares Out | 46.04M |
EPS (ttm) | 3.06 |
PE Ratio | 4.75 |
Forward PE | n/a |
Dividend | $0.96 (6.60%) |
Ex-Dividend Date | Mar 31, 2025 |
Volume | 263,349 |
Open | 14.49 |
Previous Close | 14.31 |
Day's Range | 14.44 - 14.66 |
52-Week Range | 12.70 - 24.71 |
Beta | 1.22 |
Analysts | Buy |
Price Target | 21.56 (+48.28%) |
Earnings Date | May 1, 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
In 2024, Plymouth Industrial REIT's revenue was $193.21 million, a decrease of -3.32% compared to the previous year's $199.85 million. Earnings were $137.87 million, an increase of 1468.26%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for PLYM stock is "Buy." The 12-month stock price forecast is $21.56, which is an increase of 48.28% from the latest price.
News

Plymouth Industrial REIT Provides Activity Update for First Quarter 2025
BOSTON, April 07, 2025 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the “Company” or “Plymouth”) provided an activity update for the first quarter of 2025. The Company also announc...

Cash COWs: 11 High-Yield REITs
Now is a good time to invest in REITs due to low inflation, expected rate cuts, and a bullish technical trend. Analyst upgrades on REITs outnumber downgrades, and many quality REITs offer higher-than-...

Plymouth Industrial REIT Expands Portfolio in Atlanta and Cincinnati
Closed on $65.1 Million of Acquisitions during the First Quarter of 2025 Closed on $65.1 Million of Acquisitions during the First Quarter of 2025

Plymouth Industrial REIT Declares Dividend for the First Quarter of 2025
BOSTON, March 14, 2025 (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 Appoints Robert O. Stephenson to Board of Directors
BOSTON, March 13, 2025 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the “Company”) today announced the appointment of Robert O. Stephenson to its Board of Directors. He will serve ...

Plymouth Industrial: High Yield And Value In Plain Sight
Plymouth Industrial REIT trades at a significant discount to peers, offering a compelling value opportunity with strong fundamentals and a 5.6% dividend yield. PLYM focuses on secondary markets within...

Plymouth Industrial REIT, Inc. (PLYM) Q4 2024 Earnings Conference Call Transcript
Plymouth Industrial REIT, Inc. (NYSE:PLYM) Q4 2024 Earnings Conference Call February 27, 2025 9:00 AM ET Company Participants John Wilfong - IR Jeff Witherell - Chairman & CEO Anthony Saladino - EVP ...

Plymouth Industrial REIT Reports Fourth Quarter Results
BOSTON, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (–“Plymouth” or the “Company”) today announced its financial results for the fourth quarter, fiscal year ended Dec...

Plymouth Industrial REIT Promotes Anthony Saladino to President
BOSTON, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the “Company”) today announced it has promoted Anthony Saladino to President and Chief Financial Officer, effecti...

Plymouth Industrial REIT Executes Value-Add Initiatives in Recently Acquired Memphis Logistics Portfolio
BOSTON, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) announced the sale of a 33,688-square-foot flex building in Memphis, TN to an end user at a price of $2.4 million....

Plymouth Industrial REIT Inks Lease at Key St. Louis Building
BOSTON, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) announced it has executed a two-year lease at its 769,500-square-foot Class A industrial building in the Metro Eas...

CORRECTING and REPLACING -- Plymouth Industrial REIT Announces Tax Treatment of 2024 Dividends
BOSTON, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) announced the tax treatment of its 2024 dividends to common stockholders. The following table summarizes Plymouth ...

Plymouth Industrial REIT Announces Tax Treatment of 2024 Dividends
BOSTON, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) announced the tax treatment of its 2024 dividends to common stockholders. The following table summarizes Plymouth ...

Plymouth Industrial REIT Provides Activity Update for Fourth Quarter 2024
BOSTON, Jan. 10, 2025 (GLOBE NEWSWIRE) -- —(January 10, 2025) Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the “Company” or “Plymouth”) provided an activity update for the fourth quarter of 2024. The ...

Innovative Industrial's Business Model Fails, While Plymouth Shows Resilience
Plymouth Industrial REIT, Inc. is a strong industrial REIT with a durable business model, trading at a discounted AFFO multiple and well below NAV. Innovative Industrial Properties, Inc. faces signifi...

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?
The industrial REIT sector has seen significant price corrections due to changing macroeconomic factors, making current pricing more investible. Investor enthusiasm has waned, reflected in falling AFF...

Undercovered Dozen: Canadian Solar, Plymouth Industrial, GameStop, Samsara +
The 'Undercovered' Dozen highlights 12 lesser-covered stocks, showcasing diverse investment opportunities and sparking community discussion on their potential. Canadian Solar's shift to owning power p...

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...