🔺 What to do when markets are at an all-time high? Find smart bargains, like these.See Undervalued Stocks

Plymouth Industrial REIT Inc (PLYM)

NYSE
Currency in USD
18.54
-0.11(-0.59%)
Closed
Pre Market
19.19+0.65(+3.51%)
PLYM Scorecard
Full Analysis
Trading at a high earnings multiple
High dividend Yield
Fair Value
Day's Range
18.3118.94
52 wk Range
18.0825.55
Key Statistics
Edit
Prev. Close
18.54
Open
18.7
Day's Range
18.31-18.94
52 wk Range
18.08-25.55
Volume
339.85K
Average Volume (3m)
317.99K
1-Year Change
-19.36%
Book Value / Share
unlockUnlock
Fair Value
unlockUnlock
Fair Value Upside
unlockUnlock
PLYM Scorecardpro icon
Company’s Health
pro lockUnlock
Fair Value
pro lockUnlock Price
Fair Pricepro lock
Upsidepro lock
Price Target
23.45
Upside
+26.48%
Members' Sentiments
Bearish
Bullish
ProTips
Net income is expected to drop this year
Show more

Plymouth Industrial REIT Inc Company Profile

Plymouth Industrial REIT, Inc. (NYSE: PLYM) is a full service, vertically integrated real estate investment company focused on the acquisition, ownership and management of single and multi-tenant industrial properties. Our mission is to provide tenants with cost effective space that is functional, flexible and safe.

Plymouth Industrial REIT Inc SWOT Analysis


Strategic Expansion
Explore Plymouth Industrial REIT's partnership with Sixth Street, injecting $500 million for acquisitions and development, potentially transforming its market position.
Valuation Opportunity
Plymouth trades at 10.4x forward FFO, a significant discount to the 19.8x sector average, suggesting potential for multiple expansion as growth strategies materialize.
Operational Challenges
Learn how Plymouth is addressing occupancy declines, including a 770,000 sq ft vacancy in St. Louis, while cautiously approaching development opportunities.
Future Prospects
Analysts maintain a positive outlook with price targets ranging from $22 to $27, reflecting confidence in Plymouth's fundamental trends and growth potential.
Read full SWOT analysis
PLYM Full Pro Research
Institutional-Grade Stock Analysis
Understand how PLYM earns money
Financial health at a glance
Bearish and bullish outlooks
Latest expert insights
Actionable Pro Tips, and many more...
Gain access to 1400+ in-depth research reports on the most popular US stocks

Plymouth Industrial REIT Inc Earnings Call Summary for Q3/2024

  • Q2 2024 results exceeded expectations; Memphis acquisition expands presence to 7M sq ft
  • Leverage improved to 6.4x; Q2 saw third highest leasing volume in company history
  • Development program nearing completion; full stabilization expected in 2025
  • Q3 occupancy dip anticipated, but rebound to 98% by year-end forecasted
  • Strong demand persists despite potential manufacturing slowdowns; rent increases expected
Last Updated: 08/04/2024, 10:36 PM
Read Full Transcript

Compare PLYM to Peers and Sector

Metrics to compare
PLYM
Peers
Sector
Relationship
P/E Ratio
994.7x−16.5x7.4x
PEG Ratio
8.90−0.440.01
Price/Book
1.9x0.4x0.9x
Price / LTM Sales
4.2x1.4x4.0x
Upside (Analyst Target)
29.4%48.6%15.9%
Fair Value Upside
Unlock51.1%0.3%Unlock

Analysts' Recommendations

6 Buy
4 Hold
1 Sell
Ratings:
11 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 23.82

(+28.47% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.019
Dividend Yield
5.18%
Industry Median 5.09%
Annualized payout
0.9600
Paid quarterly
5-Years Growth
-8.83%
Growth Streak

People Also Watch

18.95
OUT
+0.21%
103.85
ARE
-1.50%
32.67
EPRT
-0.70%
589.68
MPWR
+3.03%
15.70
NTST
-0.13%

FAQ

What Is the Plymouth Industrial (PLYM) Stock Price Today?

The Plymouth Industrial stock price today is 18.54

What Stock Exchange Does Plymouth Industrial Trade On?

Plymouth Industrial is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Plymouth Industrial?

The stock symbol for Plymouth Industrial is "PLYM."

Does Plymouth Industrial Pay Dividends? What’s The Current Dividend Yield?

The Plymouth Industrial dividend yield is 5.18%.

What Is the Plymouth Industrial Market Cap?

As of today, Plymouth Industrial market cap is 850.61M.

What is Plymouth Industrial Earnings Per Share?

The Plymouth Industrial EPS is 0.019.

What Is the Next Plymouth Industrial Earnings Date?

Plymouth Industrial will release its next earnings report on Feb 19, 2025.

From a Technical Analysis Perspective, Is PLYM a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.