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“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
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S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
With oil prices slumping, OPEC+ producers weigh more production cuts
BREAKING: The truth about war with China (Ad)
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
With oil prices slumping, OPEC+ producers weigh more production cuts
BREAKING: The truth about war with China (Ad)
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
With oil prices slumping, OPEC+ producers weigh more production cuts
BREAKING: The truth about war with China (Ad)
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
NYSE:PLYM

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

$22.26
+0.62 (+2.87%)
(As of 06/2/2023 ET)
Compare
Today's Range
$21.72
$22.41
50-Day Range
$19.48
$22.26
52-Week Range
$15.59
$23.20
Volume
292,948 shs
Average Volume
189,462 shs
Market Capitalization
$957.85 million
P/E Ratio
N/A
Dividend Yield
4.04%
Price Target
$24.80

Plymouth Industrial REIT MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
11.4% Upside
$24.80 Price Target
Short Interest
Healthy
1.88% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.74mentions of Plymouth Industrial REIT in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.57%
From $1.85 to $1.99 Per Share

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 stars

Finance Sector

595th out of 873 stocks

Real Estate Investment Trusts Industry

121st out of 191 stocks


PLYM stock logo

About Plymouth Industrial REIT (NYSE:PLYM) Stock

Plymouth 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.

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PLYM Stock News Headlines

“One-Stock Millionaire” IGNORES 99.9% of the Market
During 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.
“Amazon Loophole” could hand you $28,544 in “royalty” payouts
Thanks 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.
Industrial REITs Are Gaining Steam
PLYM.PA Plymouth Industrial REIT, Inc. 7.50% PFD A
Plymouth Industrial REIT (NYSE:PLYM) Shares Down 2.6%
See More Headlines

PLYM Price History

PLYM Company Calendar

Last Earnings
11/05/2021
Ex-Dividend for 4/28 Dividend
3/30/2023
Dividend Payable
4/28/2023
Today
6/04/2023
Next Earnings (Estimated)
8/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
39
Year Founded
N/A

Price 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 Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$-16,890,000.00
Pretax Margin
-8.40%

Debt

Sales & Book Value

Annual Sales
$183.54 million
Cash Flow
$1.81 per share
Book Value
$10.59 per share

Miscellaneous

Free Float
42,472,000
Market Cap
$957.85 million
Optionable
Not Optionable
Beta
1.36

Key Executives

  • Jeffrey E. Witherell
    Chairman & Chief Executive Officer
  • Pendleton P. White
    President, Director & Chief Investment Officer
  • Anthony Saladino
    Chief Financial Officer & Executive Vice President
  • Anne Alger Hayward
    Secretary, Senior Vice President & General Counsel
  • James M. Connolly
    Executive Vice President-Asset Management













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
.

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

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