What is Wedbush's Estimate for PLYM Q2 Earnings?

Plymouth Industrial REIT, Inc. (NYSE:PLYM - Free Report) - Research analysts at Wedbush issued their Q2 2025 earnings estimates for shares of Plymouth Industrial REIT in a note issued to investors on Monday, May 12th. Wedbush analyst R. Anderson anticipates 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.

Several other analysts have also commented on the stock. JPMorgan Chase & Co. cut their target price on shares of Plymouth Industrial REIT from $20.00 to $19.00 and set an "underweight" rating for the company in a research note on Tuesday, January 14th. JMP Securities reaffirmed a "market outperform" rating and issued a $27.00 price objective on shares of Plymouth Industrial REIT in a research note on Tuesday, January 14th. Barclays lowered their price objective on shares of Plymouth Industrial REIT from $22.00 to $18.00 and set an "equal weight" rating on the stock in a research report on Monday, March 31st. Robert W. Baird lowered their price target on Plymouth Industrial REIT from $20.00 to $19.00 and set an "outperform" rating on the stock in a report on Thursday, May 8th. Finally, Truist Financial dropped their price target on Plymouth Industrial REIT from $20.00 to $18.00 and set a "hold" rating on the stock in a research report on Monday, March 24th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Plymouth Industrial REIT presently has an average rating of "Hold" and an average target price of $21.10.

Plymouth Industrial REIT Stock Up 0.6%

PLYM stock opened at $16.28 on Wednesday. Plymouth Industrial REIT has a 12 month low of $12.70 and a 12 month high of $24.71. The firm has a market cap of $741.52 million, a PE ratio of 814.00 and a beta of 1.11. The firm has a 50 day simple moving average of $15.56 and a 200 day simple moving average of $17.11. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.12 and a quick ratio of 0.12.

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). Plymouth Industrial REIT had a net margin of 0.46% and a return on equity of 0.20%. The business had revenue of $45.57 million for the quarter, compared to analyst estimates of $47.69 million.

Plymouth Industrial REIT Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Investors of record on Monday, March 31st were issued a dividend of $0.24 per share. The ex-dividend date was Monday, March 31st. This represents a $0.96 annualized dividend and a dividend yield of 5.90%. Plymouth Industrial REIT's dividend payout ratio is 31.48%.

Institutional Trading of Plymouth Industrial REIT

Several hedge funds and other institutional investors have recently modified their holdings of the company. Quadrant Capital Group LLC increased its stake in shares of Plymouth Industrial REIT by 38.1% during 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. Quarry LP increased its stake in shares of Plymouth Industrial REIT by 74.1% during the 4th quarter. Quarry LP now owns 3,191 shares of the company's stock worth $57,000 after purchasing an additional 1,358 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Plymouth Industrial REIT by 6,862.5% during the 1st quarter. GAMMA Investing LLC now owns 3,342 shares of the company's stock worth $54,000 after purchasing an additional 3,294 shares during the last quarter. Copeland Capital Management LLC increased its stake in shares of Plymouth Industrial REIT by 79.9% during the 1st quarter. Copeland Capital Management LLC now owns 3,509 shares of the company's stock worth $57,000 after purchasing an additional 1,558 shares during the last quarter. Finally, New York State Teachers Retirement System acquired a new position in shares of Plymouth Industrial REIT during the 1st quarter worth $60,000. 92.67% of the stock is currently owned by hedge funds and other institutional investors.

Plymouth Industrial REIT Company Profile

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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