Plymouth Industrial REIT (PLYM) to Release Earnings on Wednesday

Key Points

• Plymouth Industrial REIT (PLYM) is scheduled to release its Q2 2025 earnings on August 6th, with analysts expecting earnings of $0.44 per share and revenue of $46.20 million.
• The company recently declared a quarterly dividend of $0.24 per share, with a yield of 6.28%, set to be paid on July 31st.
• Institutional investors hold a significant stake in PLYM, with 92.67% of the company's stock owned by such investors following recent activity in share purchases.

Plymouth Industrial REIT (NYSE:PLYM - Get Free Report) will likely be releasing its Q2 2025 earnings data after the market closes on Wednesday, August 6th. Analysts expect Plymouth Industrial REIT to post earnings of $0.44 per share and revenue of $46.20 million for the quarter. Plymouth Industrial REIT has set its FY 2025 guidance at 1.850-1.890 EPS.

Plymouth Industrial REIT (NYSE:PLYM - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The company reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by ($0.01). Plymouth Industrial REIT had a net margin of 71.08% and a return on equity of 26.42%. The business had revenue of $45.57 million for the quarter, compared to the consensus estimate of $47.69 million. On average, analysts expect Plymouth Industrial REIT to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Plymouth Industrial REIT Trading Up 1.5%

Shares of PLYM stock opened at $15.29 on Wednesday. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 1.08. The business has a 50-day moving average price of $16.09 and a two-hundred day moving average price of $16.10. Plymouth Industrial REIT has a 12-month low of $12.70 and a 12-month high of $24.70. The firm has a market cap of $696.64 million, a P/E ratio of 5.01 and a beta of 1.11.

Plymouth Industrial REIT Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Monday, June 30th will be paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 6.28%. The ex-dividend date is Monday, June 30th. Plymouth Industrial REIT's dividend payout ratio (DPR) is currently 31.48%.

Institutional Investors Weigh In On Plymouth Industrial REIT

A number of institutional investors have recently bought and sold shares of PLYM. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Plymouth Industrial REIT by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,804 shares of the company's stock valued at $388,000 after purchasing an additional 982 shares in the last quarter. Jane Street Group LLC bought a new position in shares of Plymouth Industrial REIT in the 1st quarter valued at about $460,000. Finally, Focus Partners Wealth lifted its holdings in shares of Plymouth Industrial REIT by 213.1% in the 1st quarter. Focus Partners Wealth now owns 55,075 shares of the company's stock valued at $898,000 after acquiring an additional 37,484 shares during the last quarter. Hedge funds and other institutional investors own 92.67% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Robert W. Baird lowered their target price on Plymouth Industrial REIT from $20.00 to $19.00 and set an "outperform" rating for the company in a research note on Thursday, May 8th. Wall Street Zen lowered Plymouth Industrial REIT from a "hold" rating to a "sell" rating in a research note on Saturday, June 14th. Wedbush raised Plymouth Industrial REIT to a "hold" rating in a research note on Wednesday, July 2nd. Finally, KeyCorp lowered their target price on Plymouth Industrial REIT from $23.00 to $18.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $21.10.

About Plymouth Industrial REIT

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.

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