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Dems push Biden climate, health priorities toward Senate OK
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S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
pixel
Demand for grocery delivery cools as food costs rise
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
pixel
Shift in war's front seen as ships cleared to leave Ukraine
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
pixel
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
pixel
Demand for grocery delivery cools as food costs rise
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
pixel
Shift in war's front seen as ships cleared to leave Ukraine
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
pixel
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
pixel
Demand for grocery delivery cools as food costs rise
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
pixel
Shift in war's front seen as ships cleared to leave Ukraine
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
pixel
NYSE:PLYM

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

$19.71
-0.37 (-1.84%)
(As of 08/5/2022 12:00 AM ET)
Add
Compare
Today's Range
$19.01
$19.90
50-Day Range
$17.22
$20.45
52-Week Range
$17.04
$32.37
Volume
201,090 shs
Average Volume
188,027 shs
Market Capitalization
$790.96 million
P/E Ratio
N/A
Dividend Yield
4.46%
Price Target
$28.33

Plymouth Industrial REIT MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
43.8% Upside
$28.33 Price Target
Short Interest
Healthy
2.14% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.12mentions of Plymouth Industrial REIT in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
2.21%
From $1.81 to $1.85 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.49 out of 5 stars

Finance Sector

415th out of 1,176 stocks

Real Estate Investment Trusts Industry

84th out of 215 stocks

Plymouth Industrial REIT logo

About Plymouth Industrial REIT (NYSE:PLYM) Stock

Plymouth Industrial REIT, Inc. is a vertically integrated and self-managed real estate investment trust focused on the acquisition and operation of single and multi-tenant industrial properties located in secondary and select primary markets across the United States. The Company seeks to acquire properties that provide income and growth that enable the Company to leverage its real estate operating expertise to enhance shareholder value through active asset management, prudent property re-positioning and disciplined capital deployment.

Analysts Set New Price Targets

A number of research analysts recently weighed in on PLYM shares. JMP Securities lowered Plymouth Industrial REIT from an "outperform" rating to a "market perform" rating in a research report on Wednesday, May 18th. B. Riley cut their price objective on Plymouth Industrial REIT from $32.00 to $29.00 in a report on Thursday, May 12th. KeyCorp lowered their price objective on Plymouth Industrial REIT from $32.00 to $25.00 and set an "overweight" rating on the stock in a research report on Tuesday, June 28th. Finally, Truist Financial cut their price target on Plymouth Industrial REIT from $30.00 to $24.00 and set a "hold" rating on the stock in a research report on Wednesday, May 18th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, Plymouth Industrial REIT presently has a consensus rating of "Moderate Buy" and a consensus target price of $28.33.

Plymouth Industrial REIT Stock Down 1.8 %

Shares of Plymouth Industrial REIT stock traded down $0.37 during trading on Friday, hitting $19.71. 201,090 shares of the stock were exchanged, compared to its average volume of 188,027. The stock has a market cap of $790.96 million, a price-to-earnings ratio of -23.75, a price-to-earnings-growth ratio of 1.59 and a beta of 1.28. The firm's 50-day moving average price is $18.50 and its 200 day moving average price is $23.07. Plymouth Industrial REIT has a 12-month low of $17.04 and a 12-month high of $32.37. The company has a debt-to-equity ratio of 1.84, a current ratio of 0.18 and a quick ratio of 0.18.

Plymouth Industrial REIT Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 29th. Stockholders of record on Thursday, June 30th were given a dividend of $0.22 per share. The ex-dividend date of this dividend was Wednesday, June 29th. This represents a $0.88 annualized dividend and a dividend yield of 4.46%. Plymouth Industrial REIT's dividend payout ratio (DPR) is currently -106.02%.

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PLYM Stock News Headlines

BEST BANG FOR THE BUCK
Plymouth Industrial REIT declares $0.22 dividend
RiverCap Ventures to launch subsidiary in Avon
See More Headlines

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PLYM Company Calendar

Last Earnings
11/05/2021
Ex-Dividend for 7/29 Dividend
6/29/2022
Dividend Payable
7/29/2022
Today
8/07/2022
Next Earnings (Estimated)
11/04/2022
Fiscal Year End
12/31/2022

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
$28.33
High Stock Price Forecast
$32.00
Low Stock Price Forecast
$24.00
Forecasted Upside/Downside
+43.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$-15,010,000.00
Pretax Margin
-11.06%

Debt

Sales & Book Value

Annual Sales
$140.62 million
Cash Flow
$1.59 per share
Book Value
$10.42 per share

Miscellaneous

Free Float
39,606,000
Market Cap
$790.96 million
Optionable
Not Optionable
Beta
1.28














PLYM Stock - Frequently Asked Questions

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

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Plymouth Industrial REIT in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Plymouth Industrial REIT stock.
View analyst ratings for Plymouth Industrial REIT
or view top-rated stocks.

What is Plymouth Industrial REIT's stock price forecast for 2022?

6 analysts have issued 12-month price objectives for Plymouth Industrial REIT's stock. Their PLYM stock forecasts range from $24.00 to $32.00. On average, they predict Plymouth Industrial REIT's stock price to reach $28.33 in the next year. This suggests a possible upside of 43.8% from the stock's current price.
View analysts' price targets for Plymouth Industrial REIT
or view top-rated stocks among Wall Street analysts.

How has Plymouth Industrial REIT's stock price performed in 2022?

Plymouth Industrial REIT's stock was trading at $32.00 at the beginning of the year. Since then, PLYM shares have decreased by 38.4% and is now trading at $19.71.
View the best growth stocks for 2022 here
.

Are investors shorting Plymouth Industrial REIT?

Plymouth Industrial REIT saw a decline in short interest in the month of July. As of July 15th, there was short interest totaling 858,200 shares, a decline of 32.4% from the June 30th total of 1,270,000 shares. Based on an average trading volume of 304,300 shares, the short-interest ratio is presently 2.8 days.
View Plymouth Industrial REIT's Short Interest
.

When is Plymouth Industrial REIT's next earnings date?

Plymouth Industrial REIT is scheduled to release its next quarterly earnings announcement on Friday, November 4th 2022.
View our earnings forecast for Plymouth Industrial REIT
.

How were Plymouth Industrial REIT's earnings last quarter?

Plymouth Industrial REIT, Inc. (NYSE:PLYM) announced its quarterly earnings results on Friday, November, 5th. The company reported ($0.22) earnings per share for the quarter, missing the consensus estimate of ($0.16) by $0.06. Plymouth Industrial REIT had a negative trailing twelve-month return on equity of 4.81% and a negative net margin of 10.35%. During the same period last year, the business posted $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 declared a quarterly dividend on Wednesday, June 15th. Stockholders of record on Thursday, June 30th will be given a dividend of $0.22 per share on Friday, July 29th. This represents a $0.88 dividend on an annualized basis and a yield of 4.46%. The ex-dividend date of this dividend is Wednesday, June 29th.
View Plymouth Industrial REIT's dividend history
.

Is Plymouth Industrial REIT a good dividend stock?

Plymouth Industrial REIT(NYSE:PLYM) pays an annual dividend of $0.88 per share and currently has a dividend yield of 4.38%. PLYM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View Plymouth Industrial REIT's dividend history.

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

Plymouth Industrial REIT issued an update on its FY 2022 earnings guidance on Wednesday, August, 3rd. The company provided earnings per share guidance of $1.80-$1.85 for the period. 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.

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 many different institutional and retail investors. Top institutional shareholders include Jennison Associates LLC (2.53%), Ziegler Capital Management LLC (0.76%), Russell Investments Group Ltd. (0.47%), Hennion & Walsh Asset Management Inc. (0.46%), Monarch Partners Asset Management LLC (0.39%) and Envestnet Asset Management Inc. (0.30%).
View institutional ownership trends for Plymouth Industrial REIT
.

How do I buy shares of Plymouth Industrial REIT?

Shares of PLYM 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 $19.71.

How much money does Plymouth Industrial REIT make?

Plymouth Industrial REIT (NYSE:PLYM) has a market capitalization of $790.96 million and generates $140.62 million in revenue each year. The company earns $-15,010,000.00 in net income (profit) each year or ($0.83) on an earnings per share basis.

How many employees does Plymouth Industrial REIT have?

Plymouth Industrial REIT employs 39 workers across the globe.

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 Plymouth Industrial REIT 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 8/7/2022 by MarketBeat.com Staff

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