Plymouth Industrial REIT (PLYM) Stock Price, News & Analysis

Company Overview

Plymouth Industrial REIT, Inc. (NYSE: PLYM) is a real estate investment trust specializing in the acquisition, ownership and management of industrial properties across the United States. The company targets bulk distribution warehouses, last-mile fulfillment centers and light manufacturing facilities that serve leading logistics, e-commerce and manufacturing tenants. Plymouth Industrial REIT focuses on assets located in established industrial markets with strong demand drivers, including proximity to major transportation corridors, ports and population centers.

The firm’s portfolio strategy emphasizes geographic diversification and properties with high barriers to entry. Plymouth Industrial REIT holds assets in key regions such as Southern California’s Inland Empire, the Dallas–Fort Worth metroplex, the Southeast and the Midwest. Its industrial properties feature modern clear heights, ample parking and flexible layouts designed to meet the needs of tenants ranging from national third-party logistics providers to regional distributors and light industrial users.

Plymouth Industrial REIT is externally managed by Plymouth Real Estate Advisors, a real estate investment advisory firm with a dedicated focus on industrial assets. The management team brings experience in property sourcing, development oversight and asset management, aiming to enhance long-term value through strategic capital improvements and lease-up initiatives. The company pursues a disciplined acquisition approach, seeking to capitalize on supply constraints and strong demand trends in the industrial sector.

Since its initial public offering in early 2021, Plymouth Industrial REIT has continued to expand its holdings through both acquisitions and selective developments. The company’s ongoing objective is to grow its portfolio in markets with favorable supply-and-demand dynamics while maintaining a diversified tenant roster. Through active asset management and a focus on operational efficiency, Plymouth Industrial REIT aims to deliver sustained occupancy and generate long-term value for its shareholders.

Key Stats

• Today's Range: $21.72 to $22.02
• 50-Day Range: $14.25 to $22.04
• 52-Week Range: $12.70 to $23.85
• Volume: 613,539 shs
• Average Volume: 475,422 shs
• Market Capitalization: $976.40 million
• P/E Ratio: 7.61
• Dividend Yield: 4.38%
• Price Target: $20.67
• Consensus Rating: Hold

Plymouth Industrial REIT Stock Analysis - MarketRank™

Plymouth Industrial REIT scored higher than 77% of companies evaluated by MarketBeat, and ranked 360th out of 936 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.1 / 5
• Analyst Rating: Hold

Consensus Rating

Plymouth Industrial REIT has received a consensus rating of Hold. The company's average rating score is 2.10, and is based on 2 buy ratings, 7 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Plymouth Industrial REIT has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 6.56%

Earnings Growth

Earnings for Plymouth Industrial REIT are expected to grow by 6.56% in the coming year, from $1.83 to $1.95 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Plymouth Industrial REIT is 7.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 269.61.

Price to Earnings Ratio vs. Sector

The P/E ratio of Plymouth Industrial REIT is 7.61, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 228.92.

Price to Book Value per Share Ratio

Plymouth Industrial REIT has a P/B Ratio of 1.79. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.29% of the outstanding shares of Plymouth Industrial REIT have been sold short.

Short Interest Ratio / Days to Cover

Plymouth Industrial REIT has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Plymouth Industrial REIT has recently decreased by 10.53%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Plymouth Industrial REIT is a leading dividend payer. It pays a dividend yield of 4.36%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Plymouth Industrial REIT does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Plymouth Industrial REIT is 33.33%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Plymouth Industrial REIT will have a dividend payout ratio of 49.23% next year. This indicates that Plymouth Industrial REIT will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.29% of the outstanding shares of Plymouth Industrial REIT have been sold short.

Short Interest Ratio / Days to Cover

Plymouth Industrial REIT has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Plymouth Industrial REIT has recently decreased by 10.53%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.35

News Sentiment

Plymouth Industrial REIT has a news sentiment score of 1.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 1.07 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Plymouth Industrial REIT this week, compared to 5 articles on an average week.

Search Interest

6 people have searched for PLYM on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

MarketBeat Follows

2 people have added Plymouth Industrial REIT to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Plymouth Industrial REIT insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.60% of the stock of Plymouth Industrial REIT is held by insiders.

Percentage Held by Institutions

92.67% of the stock of Plymouth Industrial REIT is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PLYM Stock Analysis - Frequently Asked Questions

How have PLYM shares performed this year?

Plymouth Industrial REIT's stock was trading at $17.80 at the beginning of 2025. Since then, PLYM stock has increased by 23.1% and is now trading at $21.92.

How were Plymouth Industrial REIT's earnings last quarter?

Plymouth Industrial REIT (NYSE:PLYM) announced its quarterly earnings results on Wednesday, August, 6th. The company reported $0.46 earnings per share for the quarter, beating analysts' consensus estimates of $0.43 by $0.03. The business had revenue of $47.20 million for the quarter, compared to the consensus estimate of $46.20 million. Plymouth Industrial REIT had a trailing twelve-month return on equity of 24.24% and a net margin of 67.77%.
Read the conference call transcript.

When did Plymouth Industrial REIT IPO?

Plymouth Industrial REIT (PLYM) raised $76 million in an IPO on Friday, June 9th 2017. The company issued 3,800,000 shares at $19.00-$21.00 per share. D.A. Davidson, BB&T Capital Markets and Oppenheimer served as the underwriters for the IPO and Janney Montgomery Scott, National Securities Corporation and Wedbush Securities were co-managers.

Who are Plymouth Industrial REIT's major shareholders?

Plymouth Industrial REIT's top institutional investors include Westwood Holdings Group Inc. (9.93%), Westwood Holdings Group Inc. (10.16%), Jennison Associates LLC (8.00%) and Geode Capital Management LLC (2.37%). Insiders that own company stock include Mirelf Vi Reit Investments Iv,, Jeffrey E Witherell, Pendleton P Jr White and Pendleton P White.
View institutional ownership trends.

How do I buy shares of Plymouth Industrial REIT?

Shares of PLYM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Plymouth Industrial REIT own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Plymouth Industrial REIT investors own include Cleveland-Cliffs (CLF), Medical Properties Trust (MPW), Energy Transfer (ET), Cheniere Energy (LNG), Pfizer (PFE), VICI Properties (VICI) and Enterprise Products Partners (EPD).

Company Calendar

• Record date for 7/31 Dividend: 6/30/2025
• Ex-Dividend for 7/31 Dividend: 6/30/2025
• Dividend Payable: 7/31/2025
• Last Earnings: 8/06/2025
• Today: 9/03/2025
• Next Earnings (Estimated): 11/05/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: REIT - EQTY TRUST - OTHER
• Sub-Industry: Trading
• Current Symbol: NYSE:PLYM
• CIK: 1515816
• Web: www.plymouthreit.com
• Phone: (617) 340-3814
• Fax: N/A
• Employees: 40
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Plymouth Industrial REIT: $20.67
• High Price Target: $27.00
• Low Price Target: $17.00
• Potential Upside/Downside: -5.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.10
• Research Coverage: 10 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.88
• Trailing P/E Ratio: 7.63
• Forward P/E Ratio: 11.99
• P/E Growth: N/A
• Net Income: $139.34 million
• Net Margins: 67.77%
• Pretax Margin: 72.51%
• Return on Equity: 24.24%
• Return on Assets: 8.90%

Debt

• Debt-to-Equity Ratio: 1.15
• Current Ratio: 0.13
• Quick Ratio: 0.13

Sales & Book Value

• Annual Sales: $198.35 million
• Price / Sales: 4.93
• Cash Flow: $4.93 per share
• Price / Cash Flow: 4.45
• Book Value: $12.24 per share
• Price / Book: 1.79

Miscellaneous

• Outstanding Shares: 44,550,000
• Free Float: 43,841,000
• Market Cap: $977.20 million
• Optionable: Optionable
• Beta: 1.17