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“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
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“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
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BREAKING: The truth about war with China (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
ProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media

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

See Top Rated MarketRank™ Stocks Here

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

June 2, 2023 | finance.yahoo.com
Plymouth Industrial REIT to Present at Nareit’s REITweek 2023
June 1, 2023 | finance.yahoo.com
Plymouth Industrial REIT Declares Second Quarter 2023 Preferred Stock Dividend
June 4, 2023 | Legacy Research (Affiliate) (Ad)
“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.
June 1, 2023 | finance.yahoo.com
Plymouth Industrial REIT Declares Second Quarter 2023 Preferred Stock Dividend
May 20, 2023 | americanbankingnews.com
Plymouth Industrial REIT (NYSE:PLYM) Stock Rating Upgraded by BNP Paribas
May 17, 2023 | seekingalpha.com
Plymouth Industrial Remains Among The Most Undervalued Industrial REITs
May 11, 2023 | markets.businessinsider.com
Analysts’ Opinions Are Mixed on These Financial Stocks: The Necessity Retail REIT (RTL), Doma Holdings (DOMA) and AFC Gamma (AFCG)
May 10, 2023 | americanbankingnews.com
Plymouth 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” 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.
May 8, 2023 | markets.businessinsider.com
Analysts Have Conflicting Sentiments on These Financial Companies: Plymouth Industrial Reit (PLYM) and Redfin (RDFN)
May 5, 2023 | msn.com
Plymouth Industrial REIT (PLYM) Q1 2023 Earnings Call Transcript
May 4, 2023 | markets.businessinsider.com
Analysts Have Conflicting Sentiments on These Financial Companies: Progressive (PGR), Western Alliance (WAL) and Plymouth Industrial Reit (PLYM)
May 4, 2023 | finanznachrichten.de
Plymouth Industrial REIT Inc.: Plymouth Industrial REIT Reports First Quarter Results
May 4, 2023 | markets.businessinsider.com
Analysts Offer Insights on Financial Companies: LXP Industrial Trust (LXP), BrightSpire Capital (BRSP) and Lemonade (LMND)
April 27, 2023 | markets.businessinsider.com
Industrial REITs Are Gaining Steam
April 26, 2023 | seekingalpha.com
PLYM.PA Plymouth Industrial REIT, Inc. 7.50% PFD A
April 15, 2023 | americanbankingnews.com
Plymouth Industrial REIT (NYSE:PLYM) Shares Down 2.6%
April 13, 2023 | finance.yahoo.com
Plymouth Industrial REIT Development Projects Earn Green Globes® Certification for Core & Shell Construction
April 13, 2023 | americanbankingnews.com
Plymouth Industrial REIT (NYSE:PLYM) Coverage Initiated at JPMorgan Chase & Co.
April 13, 2023 | markets.businessinsider.com
Analysts’ Top Financial Picks: Whitestone REIT (WSR), Chicago Atlantic Real Estate ate Finance Inc (REFI)
April 11, 2023 | americanbankingnews.com
KeyCorp Weighs in on Plymouth Industrial REIT, Inc.'s Q1 2024 Earnings (NYSE:PLYM)
April 10, 2023 | americanbankingnews.com
Chicago Atlantic Real Estate Finance (NASDAQ:REFI) and Plymouth Industrial REIT (NYSE:PLYM) Head-To-Head Review
April 6, 2023 | finance.yahoo.com
Plymouth Industrial REIT Provides Activity Update for First Quarter 2023
March 30, 2023 | seekingalpha.com
Plymouth Industrial: Poised To Benefit From Recent Reshoring Trends
March 10, 2023 | msn.com
Vanguard Group Now Owns 10.13% of Plymouth Industrial Reit (PLYM)
March 1, 2023 | markets.businessinsider.com
Analysts Are Bullish on These Financial Stocks: Whitestone REIT (WSR), Goldman Sachs Group (GS)
March 1, 2023 | finance.yahoo.com
Plymouth Industrial REIT Declares First Quarter 2023 Preferred Stock Dividend
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
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Current Symbol
NYSE:PLYM
CUSIP
N/A
CIK
1515816
Web
www.plymouthreit.com
Phone
(617) 340-3814
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

EPS (Most Recent Fiscal Year)
($0.57)
Trailing P/E Ratio
N/A
Forward P/E Ratio
12.03
P/E Growth
1.72
Net 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 Ratio
1.84
Current Ratio
0.24
Quick Ratio
0.24

Sales & Book Value

Annual Sales
$183.54 million
Price / Sales
5.22
Cash Flow
$1.81 per share
Price / Cash Flow
12.32
Book Value
$10.59 per share
Price / Book
2.10

Miscellaneous

Outstanding Shares
43,030,000
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

Key Competitors

View All Competitors

Institutional Ownership

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

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