NYSE:PLYM Plymouth Industrial REIT (PLYM) Stock Forecast, Price & News $22.26 +0.62 (+2.87%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$21.72▼$22.4150-Day Range$19.48▼$22.2652-Week Range$15.59▼$23.20Volume292,948 shsAverage Volume189,462 shsMarket Capitalization$957.85 millionP/E RatioN/ADividend Yield4.04%Price Target$24.80 ProfileProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Plymouth Industrial REIT MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside11.4% Upside$24.80 Price TargetShort InterestHealthy1.88% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.74Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth7.57%From $1.85 to $1.99 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.16 out of 5 starsFinance Sector595th out of 873 stocksReal Estate Investment Trusts Industry121st out of 191 stocks 2.4 Analyst's Opinion Consensus RatingPlymouth Industrial REIT has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $24.80, Plymouth Industrial REIT has a forecasted upside of 11.4% from its current price of $22.26.Amount of Analyst CoveragePlymouth Industrial REIT has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.88% of the outstanding shares of Plymouth Industrial REIT have been sold short.Short Interest Ratio / Days to CoverPlymouth Industrial REIT has a short interest ratio ("days to cover") of 4.6.Change versus previous monthShort interest in Plymouth Industrial REIT has recently decreased by 0.27%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend LeadershipPlymouth Industrial REIT is a leading dividend payer. It pays a dividend yield of 4.04%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPlymouth Industrial REIT has only been increasing its dividend for 3 years.Dividend SustainabilityBased on earnings estimates, Plymouth Industrial REIT will have a dividend payout ratio of 45.23% next year. This indicates that Plymouth Industrial REIT will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PLYM. Previous Next 2.6 News and Social Media Coverage News SentimentPlymouth Industrial REIT has a news sentiment score of 0.74. 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 0.63 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Plymouth Industrial REIT this week, compared to 2 articles on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Plymouth Industrial REIT insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.30% of the stock of Plymouth Industrial REIT is held by insiders.Percentage Held by Institutions94.67% 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. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Plymouth Industrial REIT are expected to grow by 7.57% in the coming year, from $1.85 to $1.99 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Plymouth Industrial REIT is -39.05, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Plymouth Industrial REIT is -39.05, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioPlymouth Industrial REIT has a PEG Ratio of 1.72. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPlymouth Industrial REIT has a P/B Ratio of 2.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Plymouth Industrial REIT (NYSE:PLYM) StockPlymouth Industrial REIT, Inc. engages in the acquisition, ownership, and management of single and multi-tenant distribution centers, warehouses, and light industrial properties. It seeks to acquire properties that provide income and growth, and enhance shareholder value through active asset management, prudent property re-positioning, and disciplined capital deployment. The company was founded by Jeffrey E. Witherell and Pendleton P. White, Jr. on March 7, 2011 and is headquartered in Boston, MA.Read More Receive PLYM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Plymouth Industrial REIT and its competitors with MarketBeat's FREE daily newsletter. Email Address PLYM Stock News HeadlinesJune 2, 2023 | finance.yahoo.comPlymouth Industrial REIT to Present at Nareit’s REITweek 2023June 1, 2023 | finance.yahoo.comPlymouth Industrial REIT Declares Second Quarter 2023 Preferred Stock DividendJune 4, 2023 | Legacy Research (Affiliate) (Ad)“One-Stock Millionaire” IGNORES 99.9% of the MarketDuring the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.June 1, 2023 | finance.yahoo.comPlymouth Industrial REIT Declares Second Quarter 2023 Preferred Stock DividendMay 20, 2023 | americanbankingnews.comPlymouth Industrial REIT (NYSE:PLYM) Stock Rating Upgraded by BNP ParibasMay 17, 2023 | seekingalpha.comPlymouth Industrial Remains Among The Most Undervalued Industrial REITsMay 11, 2023 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Financial Stocks: The Necessity Retail REIT (RTL), Doma Holdings (DOMA) and AFC Gamma (AFCG)May 10, 2023 | americanbankingnews.comPlymouth Industrial REIT, Inc. Expected to Post Q2 2023 Earnings of $0.44 Per Share (NYSE:PLYM)June 4, 2023 | Legacy Research (Affiliate) (Ad)“Amazon Loophole” could hand you $28,544 in “royalty” payoutsThanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.May 8, 2023 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Financial Companies: Plymouth Industrial Reit (PLYM) and Redfin (RDFN)May 5, 2023 | msn.comPlymouth Industrial REIT (PLYM) Q1 2023 Earnings Call TranscriptMay 4, 2023 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Financial Companies: Progressive (PGR), Western Alliance (WAL) and Plymouth Industrial Reit (PLYM)May 4, 2023 | finanznachrichten.dePlymouth Industrial REIT Inc.: Plymouth Industrial REIT Reports First Quarter ResultsMay 4, 2023 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: LXP Industrial Trust (LXP), BrightSpire Capital (BRSP) and Lemonade (LMND)April 27, 2023 | markets.businessinsider.comIndustrial REITs Are Gaining SteamApril 26, 2023 | seekingalpha.comPLYM.PA Plymouth Industrial REIT, Inc. 7.50% PFD AApril 15, 2023 | americanbankingnews.comPlymouth Industrial REIT (NYSE:PLYM) Shares Down 2.6% April 13, 2023 | finance.yahoo.comPlymouth Industrial REIT Development Projects Earn Green Globes® Certification for Core & Shell ConstructionApril 13, 2023 | americanbankingnews.comPlymouth Industrial REIT (NYSE:PLYM) Coverage Initiated at JPMorgan Chase & Co.April 13, 2023 | markets.businessinsider.comAnalysts’ Top Financial Picks: Whitestone REIT (WSR), Chicago Atlantic Real Estate ate Finance Inc (REFI)April 11, 2023 | americanbankingnews.comKeyCorp Weighs in on Plymouth Industrial REIT, Inc.'s Q1 2024 Earnings (NYSE:PLYM)April 10, 2023 | americanbankingnews.comChicago Atlantic Real Estate Finance (NASDAQ:REFI) and Plymouth Industrial REIT (NYSE:PLYM) Head-To-Head ReviewApril 6, 2023 | finance.yahoo.comPlymouth Industrial REIT Provides Activity Update for First Quarter 2023March 30, 2023 | seekingalpha.comPlymouth Industrial: Poised To Benefit From Recent Reshoring TrendsMarch 10, 2023 | msn.comVanguard Group Now Owns 10.13% of Plymouth Industrial Reit (PLYM)March 1, 2023 | markets.businessinsider.comAnalysts Are Bullish on These Financial Stocks: Whitestone REIT (WSR), Goldman Sachs Group (GS)March 1, 2023 | finance.yahoo.comPlymouth Industrial REIT Declares First Quarter 2023 Preferred Stock DividendSee More Headlines PLYM Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PLYM Company Calendar Last Earnings11/05/2021Ex-Dividend for 4/28 Dividend3/30/2023Dividend Payable4/28/2023Today6/04/2023Next Earnings (Estimated)8/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:PLYM CUSIPN/A CIK1515816 Webwww.plymouthreit.com Phone(617) 340-3814FaxN/AEmployees39Year FoundedN/APrice Target and Rating Average Stock Price Forecast$24.80 High Stock Price Forecast$26.00 Low Stock Price Forecast$23.00 Forecasted Upside/Downside+11.4%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($0.57) Trailing P/E RatioN/A Forward P/E Ratio12.03 P/E Growth1.72Net Income$-16,890,000.00 Net Margins-8.30% Pretax Margin-8.40% Return on Equity-3.39% Return on Assets-1.04% Debt Debt-to-Equity Ratio1.84 Current Ratio0.24 Quick Ratio0.24 Sales & Book Value Annual Sales$183.54 million Price / Sales5.22 Cash Flow$1.81 per share Price / Cash Flow12.32 Book Value$10.59 per share Price / Book2.10Miscellaneous Outstanding Shares43,030,000Free Float42,472,000Market Cap$957.85 million OptionableNot Optionable Beta1.36 Key ExecutivesJeffrey E. WitherellChairman & Chief Executive OfficerPendleton P. WhitePresident, Director & Chief Investment OfficerAnthony SaladinoChief Financial Officer & Executive Vice PresidentAnne Alger HaywardSecretary, Senior Vice President & General CounselJames M. ConnollyExecutive Vice President-Asset ManagementKey CompetitorsParamount GroupNYSE:PGRECoreCivicNYSE:CXWUMH PropertiesNYSE:UMHGlobal Net LeaseNYSE:GNLARMOUR Residential REITNYSE:ARRView All CompetitorsInstitutional OwnershipMacquarie Group Ltd.Sold 860 shares on 6/1/2023Ownership: 0.285%Toroso Investments LLCBought 1,939 shares on 5/23/2023Ownership: 0.039%Ameriprise Financial Inc.Sold 11,151 shares on 5/22/2023Ownership: 1.287%Arete Wealth Advisors LLCBought 14,300 shares on 5/22/2023Ownership: 0.033%JPMorgan Chase & Co.Sold 2,272 shares on 5/18/2023Ownership: 0.921%View All Institutional Transactions PLYM Stock - Frequently Asked Questions Should I buy or sell Plymouth Industrial REIT stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Plymouth Industrial REIT in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" PLYM shares. View PLYM analyst ratings or view top-rated stocks. What is Plymouth Industrial REIT's stock price forecast for 2023? 4 brokers have issued 1 year target prices for Plymouth Industrial REIT's shares. Their PLYM share price forecasts range from $23.00 to $26.00. On average, they expect the company's share price to reach $24.80 in the next year. This suggests a possible upside of 11.4% 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 2023? Plymouth Industrial REIT's stock was trading at $19.18 at the beginning of the year. Since then, PLYM stock has increased by 16.1% and is now trading at $22.26. View the best growth stocks for 2023 here. When is Plymouth Industrial REIT's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023. View our PLYM earnings forecast. How were Plymouth Industrial REIT's earnings last quarter? Plymouth Industrial REIT, Inc. (NYSE:PLYM) posted its quarterly earnings data on Friday, November, 5th. The company reported ($0.22) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by $0.06. Plymouth Industrial REIT had a negative net margin of 8.30% and a negative trailing twelve-month return on equity of 3.39%. During the same quarter in the prior year, the company earned $0.42 earnings per share. 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 22nd. Investors of record on Friday, March 31st will be paid a dividend of $0.225 per share on Friday, April 28th. This represents a $0.90 dividend on an annualized basis and a yield of 4.04%. The ex-dividend date is Thursday, March 30th. This is a boost from the stock's previous quarterly dividend of $0.22. 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), Invesco Active U.S. Real Estate ETF (PSR), Sound Enhanced Fixed Income ETF (SDEF), iShares Micro-Cap ETF (IWC), IQ CBRE NextGen Real Estate ETF (ROOF), SPDR Dow Jones REIT ETF (RWR), JPMorgan BetaBuilders MSCI U.S. REIT ETF (BBRE) and Janus Henderson Small Cap Growth Alpha ETF (JSML). 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 4.04%. PLYM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for PLYM. What guidance has Plymouth Industrial REIT issued on next quarter's earnings? Plymouth Industrial REIT updated its FY 2023 earnings guidance on Thursday, May, 4th. The company provided earnings per share guidance of $1.84-$1.86 for the period, compared to the consensus estimate of $1.84. The company issued revenue guidance of -. When did Plymouth Industrial REIT IPO? (PLYM) raised $76 million in an initial public offering (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. What is Plymouth Industrial REIT's stock symbol? Plymouth Industrial REIT trades on the New York Stock Exchange (NYSE) under the ticker symbol "PLYM." Who are Plymouth Industrial REIT's major shareholders? Plymouth Industrial REIT's stock is owned by a variety of institutional and retail investors. Top institutional investors include FMR LLC (7.99%), BlackRock Inc. (6.56%), Silvercrest Asset Management Group LLC (5.84%), Jennison Associates LLC (5.58%), Wellington Management Group LLP (4.08%) and State Street Corp (2.60%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Plymouth Industrial REIT's stock price today? One share of PLYM stock can currently be purchased for approximately $22.26. How much money does Plymouth Industrial REIT make? Plymouth Industrial REIT (NYSE:PLYM) has a market capitalization of $957.85 million and generates $183.54 million in revenue each year. The company earns $-16,890,000.00 in net income (profit) each year or ($0.57) on an earnings per share basis. How can I contact Plymouth Industrial REIT? Plymouth Industrial REIT's mailing address is 20 CUSTOM HOUSE STREET - 11TH FLOOR, BOSTON MA, 02110. The official website for the company is www.plymouthreit.com. The company can be reached via phone at (617) 340-3814 or via email at tsullivan@scr-ir.com. This page (NYSE:PLYM) was last updated on 6/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Plymouth Industrial REIT, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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