NYSE:PLYM

Plymouth Industrial REIT Stock Forecast, Price & News

$22.99
-0.11 (-0.48 %)
(As of 09/23/2021 04:00 PM ET)
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Today's Range
$22.92
$23.34
50-Day Range
$21.39
$23.75
52-Week Range
$11.18
$24.04
Volume181,003 shs
Average Volume249,611 shs
Market Capitalization$705.40 million
P/E RatioN/A
Dividend Yield3.64%
Beta1.24
30 days | 90 days | 365 days | Advanced Chart
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Plymouth Industrial REIT logo

About Plymouth Industrial REIT

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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Industry, Sector and Symbol

Sales & Book Value

Profitability

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Miscellaneous


MarketRank

Overall MarketRank

2.43 out of 5 stars

Finance Sector

283rd out of 1,331 stocks

Real Estate Investment Trusts Industry

70th out of 219 stocks

Analyst Opinion: 1.5Community Rank: 4.4Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
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Plymouth Industrial REIT (NYSE:PLYM) Frequently Asked Questions

Is Plymouth Industrial REIT a buy right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Plymouth Industrial REIT in the last twelve months. There are currently 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 stocks does MarketBeat like better than Plymouth Industrial REIT?

Wall Street analysts have given Plymouth Industrial REIT a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Plymouth Industrial REIT wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Plymouth Industrial REIT?

Plymouth Industrial REIT saw a increase in short interest during the month of August. As of August 13th, there was short interest totaling 803,300 shares, an increase of 36.7% from the July 29th total of 587,800 shares. Based on an average trading volume of 237,900 shares, the short-interest ratio is presently 3.4 days. Approximately 2.7% of the company's shares are sold short.
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 5th 2021.
View our earnings forecast for Plymouth Industrial REIT
.

How were Plymouth Industrial REIT's earnings last quarter?

Plymouth Industrial REIT, Inc. (NYSE:PLYM) released its quarterly earnings results on Friday, August, 6th. The company reported ($0.25) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.41 by $0.66. Plymouth Industrial REIT had a negative net margin of 10.58% and a negative trailing twelve-month return on equity of 5.66%.
View Plymouth Industrial REIT's earnings history
.

How has Plymouth Industrial REIT's stock been impacted by Coronavirus (COVID-19)?

Plymouth Industrial REIT's stock was trading at $14.93 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PLYM stock has increased by 54.0% and is now trading at $22.99.
View which stocks have been most impacted by COVID-19
.

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, September 15th. Stockholders of record on Thursday, September 30th will be given a dividend of $0.21 per share on Friday, October 29th. This represents a $0.84 dividend on an annualized basis and a yield of 3.65%. The ex-dividend date is Wednesday, September 29th.
View Plymouth Industrial REIT's dividend history
.

Is Plymouth Industrial REIT a good dividend stock?

Plymouth Industrial REIT pays an annual dividend of $0.84 per share and currently has a dividend yield of 3.64%. The dividend payout ratio of Plymouth Industrial REIT is 45.16%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Plymouth Industrial REIT will have a dividend payout ratio of 44.21% next year. This indicates that Plymouth Industrial REIT will be able to sustain or increase its dividend.
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 2021 earnings guidance on Friday, September, 3rd. The company provided EPS guidance of $1.430-$1.480 for the period. The company issued revenue guidance of $136.10 million-$136.80 million, compared to the consensus revenue estimate of $134.80 million.

What price target have analysts set for PLYM?

3 analysts have issued 1 year price targets for Plymouth Industrial REIT's shares. Their forecasts range from $15.00 to $25.00. On average, they anticipate Plymouth Industrial REIT's share price to reach $19.00 in the next year. This suggests that the stock has a possible downside of 17.4%.
View analysts' price targets for Plymouth Industrial REIT
or view top-rated stocks among Wall Street analysts.

Who are Plymouth Industrial REIT's key executives?

Plymouth Industrial REIT's management team includes the following people:
  • Jeffrey E. Witherell, Chairman & Chief Executive Officer
  • Pendleton P. White, President, Secretary, Director & CIO
  • Daniel C. Wright, Chief Financial Officer & Executive Vice President
  • Anne Alger Hayward, Senior Vice President & General Counsel
  • James M. Connolly, Senior Vice President-Asset Management

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 acted 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 retail and institutional investors. Top institutional shareholders include FMR LLC (10.56%), BlackRock Inc. (8.93%), Vanguard Group Inc. (4.28%), LSV Asset Management (3.48%), Kennedy Capital Management Inc. (2.52%) and Weiss Multi Strategy Advisers LLC (2.23%).
View institutional ownership trends for Plymouth Industrial REIT
.

Which major investors are selling Plymouth Industrial REIT stock?

PLYM stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Kennedy Capital Management Inc., LDR Capital Management LLC, Brookfield Asset Management Inc., Renaissance Technologies LLC, Invesco Ltd., Schonfeld Strategic Advisors LLC, and Millennium Management LLC.
View insider buying and selling activity for Plymouth Industrial REIT
or view top insider-selling stocks.

Which major investors are buying Plymouth Industrial REIT stock?

PLYM stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Jennison Associates LLC, Federated Hermes Inc., MESIROW FINANCIAL INVESTMENT MANAGEMENT Equity & Fixed Income, LSV Asset Management, Monarch Partners Asset Management LLC, FMR LLC, and Vanguard Group Inc..
View insider buying and selling activity for Plymouth Industrial REIT
or or view top insider-buying stocks.

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 $22.99.

How much money does Plymouth Industrial REIT make?

Plymouth Industrial REIT has a market capitalization of $705.40 million and generates $109.85 million in revenue each year. The company earns $-13,810,000.00 in net income (profit) each year or $1.86 on an earnings per share basis.

How many employees does Plymouth Industrial REIT have?

Plymouth Industrial REIT employs 34 workers across the globe.

What is Plymouth Industrial REIT's official website?

The official website for Plymouth Industrial REIT is www.plymouthreit.com.

Where are Plymouth Industrial REIT's headquarters?

Plymouth Industrial REIT is headquartered at 20 CUSTOM HOUSE STREET - 11TH FLOOR, BOSTON MA, 02110.

How can I contact Plymouth Industrial REIT?

Plymouth Industrial REIT's mailing address is 20 CUSTOM HOUSE STREET - 11TH FLOOR, BOSTON MA, 02110. The company can be reached via phone at (617) 340-3814 or via email at [email protected].


This page was last updated on 9/24/2021 by MarketBeat.com Staff
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