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Plymouth Industrial Reit Inc (PLYM)
NYSE:PLYM
RESEARCH TOOLSreports
Plymouth Industrial Reit (PLYM) Stock Price & Analysis
231 Followers
PLYM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$18.61 - $24.75
Previous Close$23.96
Volume255.50K
Average Volume (3M)211.74K
Market Cap
$1.10B
Enterprise Value$1.96B
Total Cash (Recent Filing)$14.49M
Total Debt (Recent Filing)$872.55M
Price to Earnings (P/E)56.2
Beta1.13
Next Earnings
Jul 31, 2024EPS Estimate
-$0.04Last Dividend Ex-Date
Jun 28, 2024Dividend Yield3.88%
Share Statistics
EPS (TTM)0.43
Shares Outstanding45,382,076
10 Day Avg. Volume185,291
30 Day Avg. Volume211,735
Standard Deviation0.10
R-Squared0.51
Alpha-0.00414
Financial Highlights & Ratios
Price to Book (P/B)2.22
Price to Sales (P/S)4.80
Price to Cash Flow (P/CF)12.90
P/FCF Ratio9.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue9.82
Enterprise Value/Gross Profit14.29
Enterprise Value/Ebitda13.40
Forecast
1Y Price Target
$24.00Price Target Upside0.17% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Plymouth Industrial Reit News
PremiumCompany Announcements
Plymouth Industrial Reit Provides Q1 Insights Ahead of Earnings CallBulls Say, Bears Say
Bulls Say
Financial PerformanceThe company experienced an approximately 19% increase in lease rates on a cash basis on both new and renewals.
Portfolio ManagementThe company's portfolio occupancy remains healthy at 97.1%, with same-store occupancy high at 98.2%.
Stock ValuationThe company shares are trading relatively attractive compared to other industrial REITs with the lowest multiple at 11.1x versus 18.9x for the group.
Bears Say
Growth OpportunitiesNo acquisitions were closed in the first quarter, potentially limiting growth opportunities.
Lease ExpirationLarger upcoming expiration schedule a risk, with over 30% of ABR expiring over the next 21 months.
Occupancy RatesPortfolio leased occupancy fell by 120bps due to two tenant move-outs, impacting overall occupancy rates.
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Ownership Overview
1.45% Insiders
30.23% Mutual Funds
26.58% Other Institutional Investors
41.74% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PLYM FAQ
What was Plymouth Industrial Reit Inc’s price range in the past 12 months?
Plymouth Industrial Reit Inc lowest stock price was $18.61 and its highest was $24.75 in the past 12 months.
What is Plymouth Industrial Reit Inc’s market cap?
Currently, no data Available
When is Plymouth Industrial Reit Inc’s upcoming earnings report date?
Plymouth Industrial Reit Inc’s upcoming earnings report date is Jul 31, 2024 which is in 9 days.
How were Plymouth Industrial Reit Inc’s earnings last quarter?
Plymouth Industrial Reit Inc released its earnings results on May 01, 2024. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of -$0.038 by $0.178.
Is Plymouth Industrial Reit Inc overvalued?
According to Wall Street analysts Plymouth Industrial Reit Inc’s price is currently Undervalued.
Does Plymouth Industrial Reit Inc pay dividends?
Plymouth Industrial Reit Inc pays a Quarterly dividend of $0.24 which represents an annual dividend yield of 3.88%. See more information on Plymouth Industrial Reit Inc dividends here
What is Plymouth Industrial Reit Inc’s EPS estimate?
Plymouth Industrial Reit Inc’s EPS estimate is -$0.04.
How many shares outstanding does Plymouth Industrial Reit Inc have?
Plymouth Industrial Reit Inc has 45,382,076 shares outstanding.
What happened to Plymouth Industrial Reit Inc’s price movement after its last earnings report?
Plymouth Industrial Reit Inc reported an EPS of $0.14 in its last earnings report, beating expectations of -$0.038. Following the earnings report the stock price went down -2.217%.
Which hedge fund is a major shareholder of Plymouth Industrial Reit Inc?
Among the largest hedge funds holding Plymouth Industrial Reit Inc’s share is Graham Capital Management, L.P.. It holds Plymouth Industrial Reit Inc’s shares valued at 450K.
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Plymouth Industrial Reit Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$24.00 (0.17% Upside)
$24.00 (0.17% Upside)
Blogger Sentiment
Bullish
PLYM Sentiment 75%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 21.3K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Positive
20 days / 200 days
Momentum
8.84%
12-Months-Change
Fundamentals
Return on Equity
4.65%
Trailing 12-Months
Asset Growth
-4.73%
Trailing 12-Months
Company Description
Plymouth Industrial Reit Inc
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 Earnings Call
Q1 2024
0:00 / 0:00
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PLYM Stock 12 Month Forecast
Average Price Target
$24.00
▲(0.17% Upside)
Technical Analysis
Stag Industrial
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Essex Property
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Hudson Pacific Properties
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Mid-America Apartment
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Best Analysts Covering PLYM
1 Year
1 Year Success Rate
10/13 ratings generated profit
1 Year Average Return
+8.84%
reiterated a buy rating 3 months ago
Copying Anthony Hau's trades and holding each position for 1 Year would result in 76.92% of your transactions generating a profit, with an average return of +8.84% per trade.
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