Plymouth Industrial REIT, Inc. (PLYM)

NYSE: PLYM · Real-Time Price · USD
14.54
+0.23 (1.61%)
Apr 17, 2025, 4:00 PM EDT - Market closed
1.61%
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]

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 $21.56, which is an increase of 48.28% from the latest price.

Price Target
$21.56
(48.28% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 days 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...

13 days 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-...

17 days 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

4 weeks 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....

5 weeks 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 ...

5 weeks 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...

7 weeks 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
7 weeks 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 ...

7 weeks 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...

7 weeks 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...

2 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....

2 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...

3 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 ...

3 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 ...

3 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 ...

3 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
4 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

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - Seeking Alpha

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...

Other symbols: CSIQGMEIOT
5 months ago - Seeking Alpha

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...

5 months ago - Seeking Alpha

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...

5 months ago - GlobeNewsWire

Why REITs Will Pummel Stocks In 2025

REITs have strongly outperformed the S&P 500 in the recent past. I expect this strong outperformance to continue. There are two reasons for this.

Other symbols: CCICPTEGPEQIXMAAOPLD
5 months ago - Seeking Alpha

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...

5 months ago - Seeking Alpha