Plymouth Industrial REIT, Inc. (PLYM)

NYSE: PLYM · Real-Time Price · USD
16.45
+0.08 (0.49%)
Jun 18, 2025, 10:20 AM - Market open
0.49%
Market Cap 757.33M
Revenue (ttm) 180.51M
Net Income (ttm) 137.50M
Shares Out 46.04M
EPS (ttm) 3.05
PE Ratio 5.41
Forward PE n/a
Dividend $0.96 (5.83%)
Ex-Dividend Date Mar 31, 2025
Volume 51,009
Open 16.33
Previous Close 16.37
Day's Range 16.25 - 16.41
52-Week Range 12.70 - 24.71
Beta 1.15
Analysts Buy
Price Target 21.44 (+30.33%)
Earnings Date Jul 30, 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]

Sector Real Estate
IPO Date Jun 9, 2017
Employees 46
Stock Exchange NYSE
Ticker Symbol PLYM
Full Company Profile

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 Statements

Analyst Forecast

According to 9 analysts, the average rating for PLYM stock is "Buy." The 12-month stock price forecast is $21.44, which is an increase of 30.33% from the latest price.

Price Target
$21.44
(30.33% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Plymouth Industrial REIT Declares Dividend for the Second Quarter of 2025

BOSTON, June 16, 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 $0.2...

1 day ago - GlobeNewsWire

U.S. REIT Share Repurchase Activity Doubles In Q1 2025

Share buyback activity by US equity real estate investment trusts more than doubled in the first quarter, according to an analysis by S&P Global Market Intelligence. The US REIT sector bought back aro...

Other symbols: APLEAREBHMBNLBRTDOCGNL
14 days ago - Seeking Alpha

Tariffs On, Tariffs Off

US equity markets rallied this week, capping off the best monthly gains since November 2023, as investors weighed encouraging inflation data against a whipsaw of court rulings on tariffs. Extending th...

17 days ago - Seeking Alpha

Plymouth Industrial REIT Expands Portfolio in Atlanta

BOSTON, May 28, 2025 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the “Company”) today announced the acquisition of a 100,420-square-foot single-tenant warehouse facility in southw...

20 days ago - GlobeNewsWire

Plymouth Industrial: Questioning The Growth Strategy

Plymouth Industrial REIT focuses on the Golden Triangle, owning nearly 200 buildings with high occupancy but relies heavily on shareholder dilution for growth. The complex deal with Sixth Street, invo...

5 weeks ago - Seeking Alpha

Plymouth Industrial REIT, Inc. (PLYM) Q1 2025 Earnings Call Transcript

Plymouth Industrial REIT, Inc. (PLYM) Q1 2025 Earnings Call Transcript

6 weeks ago - Seeking Alpha

Plymouth Industrial REIT Reports First Quarter Results

BOSTON, May 01, 2025 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (–“Plymouth” or the “Company”) today announced its financial results for the first quarter ended March 31, 2025 and...

6 weeks ago - GlobeNewsWire

Short Interest Down For U.S. REITs In March, Up For Advertising REITs

Average short interest in US equity real estate investment trusts decreased moderately in March. US REITs' short interest fell 3 basis points month over month to 3.7% of shares outstanding on average ...

2 months ago - Seeking Alpha

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...

2 months ago - GlobeNewsWire

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-...

2 months ago - Seeking Alpha

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

3 months ago - GlobeNewsWire

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....

3 months ago - GlobeNewsWire

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 ...

3 months ago - GlobeNewsWire

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...

3 months ago - Seeking Alpha

5 REITs Ripe For Buyout

M&A is beneficial for target shareholders, offering premiums of 10%-50%, and identifying potential buyout targets involves analyzing specific features like discount to NAV and valuation disparity. REI...

Other symbols: BFSDLRFPIFRTHPPKIMWELL
3 months ago - Seeking Alpha

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 ...

3 months ago - Seeking Alpha

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...

3 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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....

4 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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 ...

5 months ago - GlobeNewsWire

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 ...

5 months ago - GlobeNewsWire

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 ...

5 months ago - GlobeNewsWire

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...

Other symbols: IIPR
6 months ago - Seeking Alpha

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

6 months ago - GlobeNewsWire