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Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Banks trigger dollar shakeup (Ad)
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
How major US stock indexes fared Friday, 3/1/2024
Banks trigger dollar shakeup (Ad)
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
The AI Singularity Clock Is Ticking (Ad)
Question of whether Nebraska public money can go to private schools still set for November ballot
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Banks trigger dollar shakeup (Ad)
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
How major US stock indexes fared Friday, 3/1/2024
Banks trigger dollar shakeup (Ad)
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
The AI Singularity Clock Is Ticking (Ad)
Question of whether Nebraska public money can go to private schools still set for November ballot
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Banks trigger dollar shakeup (Ad)
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
How major US stock indexes fared Friday, 3/1/2024
Banks trigger dollar shakeup (Ad)
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
The AI Singularity Clock Is Ticking (Ad)
Question of whether Nebraska public money can go to private schools still set for November ballot
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Banks trigger dollar shakeup (Ad)
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
How major US stock indexes fared Friday, 3/1/2024
Banks trigger dollar shakeup (Ad)
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
The AI Singularity Clock Is Ticking (Ad)
Question of whether Nebraska public money can go to private schools still set for November ballot
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
NYSE:PLYM

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

$21.82
+0.25 (+1.16%)
(As of 03/1/2024 ET)
Today's Range
$21.21
$21.83
50-Day Range
$21.27
$24.46
52-Week Range
$19.21
$25.55
Volume
186,253 shs
Average Volume
213,422 shs
Market Capitalization
$990.19 million
P/E Ratio
114.84
Dividend Yield
4.12%
Price Target
$25.60

Plymouth Industrial REIT MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
17.3% Upside
$25.60 Price Target
Short Interest
Healthy
1.36% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.61mentions of Plymouth Industrial REIT in the last 14 days
Based on 15 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.90%
From $1.91 to $2.08 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.40 out of 5 stars

Finance Sector

440th out of 866 stocks

Real Estate Investment Trusts Industry

95th out of 179 stocks


PLYM stock logo

About Plymouth Industrial REIT Stock (NYSE:PLYM)

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.

PLYM Stock Price History

PLYM Stock News Headlines

Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Q4 2023 Plymouth Industrial REIT Inc Earnings Call
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Plymouth Industrial (PLYM) Q4 FFO Match Estimates
Plymouth Industrial REIT Reports Fourth Quarter Results
Plymouth Industrial REIT Reports Fourth Quarter Results
Plymouth Industrial REIT Inc.
4 Industrial REITs With Above-Average Dividend Yields
Plymouth Industrial REIT Inc (PLYM)
Plymouth Industrial: High Growth At A Low Price
See More Headlines
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Company Calendar

Last Earnings
11/05/2021
Ex-Dividend for 1/31 Dividend
12/28/2023
Dividend Payable
1/31/2024
Today
3/01/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Fax
N/A
Employees
44
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$25.60
High Stock Price Target
$27.00
Low Stock Price Target
$24.00
Potential Upside/Downside
+17.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$13.66 million
Pretax Margin
6.91%

Debt

Sales & Book Value

Annual Sales
$199.85 million
Cash Flow
$2.41 per share
Book Value
$10.76 per share

Miscellaneous

Free Float
44,792,000
Market Cap
$990.19 million
Optionable
Optionable
Beta
1.38
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Key Executives

  • Mr. Jeffrey Earle Witherell (Age 59)
    Co-Founder, Chairman & CEO
    Comp: $1.46M
  • Mr. Anthony J. Saladino (Age 50)
    Executive VP & CFO
    Comp: $856.14k
  • Mr. James M. Connolly (Age 61)
    Executive Vice President of Asset Management
    Comp: $576.25k
  • Mr. Lyndon J. Blakesley
    Senior VP & Chief Accounting Officer
  • Ms. Anne Alger Hayward Esq. (Age 72)
    Senior VP, General Counsel & Secretary
  • Mr. Scott L. Robinson (Age 54)
    Senior Vice President of Corporate Development
  • Mr. Benjamin P. Coues
    Senior VP & Head of Acquisitions
  • Mr. Daniel Heffernan
    Senior Vice President of Asset Management














PLYM Stock Analysis - Frequently Asked Questions

Should I buy or sell Plymouth Industrial REIT stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Plymouth Industrial REIT in the last year. There are currently 1 sell rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PLYM shares.
View PLYM analyst ratings
or view top-rated stocks.

What is Plymouth Industrial REIT's stock price target for 2024?

5 Wall Street analysts have issued 12 month price objectives for Plymouth Industrial REIT's stock. Their PLYM share price targets range from $24.00 to $27.00. On average, they anticipate the company's share price to reach $25.60 in the next year. This suggests a possible upside of 17.3% from the stock's current price.
View analysts price targets for PLYM
or view top-rated stocks among Wall Street analysts.

How have PLYM shares performed in 2024?

Plymouth Industrial REIT's stock was trading at $24.07 on January 1st, 2024. Since then, PLYM stock has decreased by 9.3% and is now trading at $21.82.
View the best growth stocks for 2024 here
.

Are investors shorting Plymouth Industrial REIT?

Plymouth Industrial REIT saw a drop in short interest in January. As of January 31st, there was short interest totaling 628,800 shares, a drop of 19.9% from the January 15th total of 785,500 shares. Based on an average daily volume of 273,000 shares, the days-to-cover ratio is presently 2.3 days.
View Plymouth Industrial REIT's Short Interest
.

When is Plymouth Industrial REIT's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our PLYM earnings forecast
.

How were Plymouth Industrial REIT's earnings last quarter?

Plymouth Industrial REIT, Inc. (NYSE:PLYM) released its earnings results on Friday, November, 5th. The company reported ($0.22) EPS for the quarter, missing analysts' consensus estimates of ($0.16) by $0.06. Plymouth Industrial REIT had a net margin of 6.75% and a trailing twelve-month return on equity of 2.84%. During the same period in the previous year, the company posted $0.42 EPS.

How often does Plymouth Industrial REIT pay dividends? What is the dividend yield for Plymouth Industrial REIT?

Plymouth Industrial REIT announced a quarterly dividend on Wednesday, February 21st. Investors of record on Thursday, March 28th will be given a dividend of $0.24 per share on Tuesday, April 30th. This represents a $0.96 dividend on an annualized basis and a yield of 4.40%. The ex-dividend date is Wednesday, March 27th. This is an increase from the stock's previous quarterly dividend of $0.23.
Read our dividend analysis for PLYM
.

Is Plymouth Industrial REIT a good dividend stock?

Plymouth Industrial REIT (NYSE:PLYM) pays an annual dividend of $0.90 per share and currently has a dividend yield of 4.17%. PLYM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 473.68%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, PLYM will have a dividend payout ratio of 43.27% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PLYM.

What ETFs hold Plymouth Industrial REIT's stock?

ETFs with the largest weight of Plymouth Industrial REIT (NYSE:PLYM) stock in their portfolio include ALPS REIT Dividend Dogs ETF (RDOG), Sound Enhanced Fixed Income ETF (FXED) and Sound Enhanced Fixed Income ETF (SDEF).iShares Micro-Cap ETF (IWC).

What guidance has Plymouth Industrial REIT issued on next quarter's earnings?

Plymouth Industrial REIT updated its FY 2024 earnings guidance on Wednesday, February, 21st. The company provided earnings per share guidance of 1.880-1.920 for the period, compared to the consensus EPS estimate of 1.930. The company issued revenue guidance of -.

When did Plymouth Industrial REIT IPO?

(PLYM) raised $76 million in an IPO on Friday, June 9th 2017. The company issued 3,800,000 shares at a price of $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 stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.17%), Jennison Associates LLC (8.73%), Westwood Holdings Group Inc. (5.85%), Charles Schwab Investment Management Inc. (1.24%), Dimensional Fund Advisors LP (1.15%) and Chilton Capital Management LLC (1.00%).
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.
Compare Top Brokerages Here.

This page (NYSE:PLYM) was last updated on 3/2/2024 by MarketBeat.com Staff