Q2 Earnings Forecast for PLYM Issued By Wedbush

Plymouth Industrial REIT, Inc. (NYSE:PLYM - Free Report) - Equities research analysts at Wedbush issued their Q2 2025 earnings per share (EPS) estimates for shares of Plymouth Industrial REIT in a report issued on Monday, May 12th. Wedbush analyst R. Anderson forecasts that the company will earn $0.44 per share for the quarter. The consensus estimate for Plymouth Industrial REIT's current full-year earnings is $1.83 per share. Wedbush also issued estimates for Plymouth Industrial REIT's Q3 2025 earnings at $0.48 EPS and Q4 2025 earnings at $0.51 EPS.

Plymouth Industrial REIT (NYSE:PLYM - Get Free Report) last released its earnings results on Thursday, May 1st. The company reported $0.44 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.01). The business had revenue of $45.57 million for the quarter, compared to analysts' expectations of $47.69 million. Plymouth Industrial REIT had a net margin of 0.46% and a return on equity of 0.20%.

Several other equities research analysts have also weighed in on PLYM. Robert W. Baird dropped their target price on Plymouth Industrial REIT from $20.00 to $19.00 and set an "outperform" rating on the stock in a research report on Thursday, May 8th. KeyCorp dropped their target price on Plymouth Industrial REIT from $23.00 to $18.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. Barclays lowered their price target on Plymouth Industrial REIT from $22.00 to $18.00 and set an "equal weight" rating on the stock in a report on Monday, March 31st. Finally, Truist Financial decreased their price target on Plymouth Industrial REIT from $20.00 to $18.00 and set a "hold" rating for the company in a research note on Monday, March 24th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $21.10.

Plymouth Industrial REIT Stock Performance

Shares of PLYM stock traded down $0.10 on Wednesday, hitting $16.40. 49,513 shares of the stock traded hands, compared to its average volume of 316,160. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.12 and a quick ratio of 0.12. The company has a market capitalization of $746.99 million, a PE ratio of 820.15 and a beta of 1.11. Plymouth Industrial REIT has a 1-year low of $12.70 and a 1-year high of $24.71. The company's fifty day moving average is $15.53 and its 200 day moving average is $17.00.

Institutional Investors Weigh In On Plymouth Industrial REIT

Several large investors have recently made changes to their positions in PLYM. Pinebridge Investments L.P. raised its holdings in Plymouth Industrial REIT by 4.3% during the fourth quarter. Pinebridge Investments L.P. now owns 18,688 shares of the company's stock valued at $333,000 after buying an additional 773 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Plymouth Industrial REIT by 3.7% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,822 shares of the company's stock worth $406,000 after purchasing an additional 817 shares during the last quarter. Quadrant Capital Group LLC lifted its holdings in Plymouth Industrial REIT by 38.1% in the 4th quarter. Quadrant Capital Group LLC now owns 3,060 shares of the company's stock worth $54,000 after purchasing an additional 844 shares during the last quarter. D.A. Davidson & CO. lifted its holdings in Plymouth Industrial REIT by 1.6% in the 1st quarter. D.A. Davidson & CO. now owns 58,905 shares of the company's stock worth $960,000 after purchasing an additional 949 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. increased its position in Plymouth Industrial REIT by 2.4% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 41,353 shares of the company's stock worth $736,000 after buying an additional 952 shares during the period. Institutional investors own 92.67% of the company's stock.

Plymouth Industrial REIT Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 30th. Investors of record on Monday, March 31st were paid a $0.24 dividend. The ex-dividend date was Monday, March 31st. This represents a $0.96 annualized dividend and a dividend yield of 5.85%. Plymouth Industrial REIT's payout ratio is 31.48%.

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.