Plymouth Industrial REIT, Inc. (PLYM)
NYSE: PLYM · IEX Real-Time Price · USD
21.53
+0.56 (2.67%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Plymouth Industrial REIT Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for PLYM stock have an average target of 25, with a low estimate of 22 and a high estimate of 27. The average target predicts an increase of 16.12% from the current stock price of 21.53.
Analyst Consensus: Buy
* Price targets were last updated on Mar 27, 2024.
Analyst Ratings
The average analyst rating for PLYM stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 1 | 1 | 1 | 1 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold Initiates $22 | Hold | Initiates | $22 | +2.18% | Mar 27, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $26 → $24 | Strong Buy | Maintains | $26 → $24 | +11.47% | Feb 29, 2024 |
| JMP Securities | JMP Securities | Hold → Buy Upgrades $27 | Hold → Buy | Upgrades | $27 | +25.41% | Jan 22, 2024 |
| JP Morgan | JP Morgan | Hold → Sell Downgrades $23 → $25 | Hold → Sell | Downgrades | $23 → $25 | +16.12% | Dec 18, 2023 |
| Truist Securities | Truist Securities | Strong Buy Maintains $26 → $24 | Strong Buy | Maintains | $26 → $24 | +11.47% | Nov 6, 2023 |
Financial Forecast
Revenue This Year
209.50M
from 199.85M
Increased by 4.83%
Revenue Next Year
221.98M
from 209.50M
Increased by 5.96%
EPS This Year
0.10
from 0.20
Decreased by -51.55%
EPS Next Year
0.10
from 0.10
Increased by 5.26%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 218.9M | 236.8M | 241.3M | 284.6M | 272.0M |
| Avg | 209.5M | 222.0M | 211.3M | 264.3M | 264.2M |
| Low | 198.6M | 210.0M | 148.0M | 242.2M | 253.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.5% | 13.0% | 8.7% | 34.7% | 2.9% |
| Avg | 4.8% | 6.0% | -4.8% | 25.1% | -0.0% |
| Low | -0.6% | 0.2% | -33.3% | 14.6% | -3.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.11 | 0.13 | 0.24 | 0.34 | 0.32 |
| Avg | 0.10 | 0.10 | -0.06 | 0.33 | 0.31 |
| Low | 0.09 | 0.08 | -0.33 | 0.31 | 0.29 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -47.5% | 30.0% | 136.8% | - | -3.5% |
| Avg | -51.6% | 5.3% | - | - | -6.3% |
| Low | -55.9% | -19.1% | - | - | -9.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.