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Plymouth Industrial Reit Inc (PLYM)
NYSE:PLYM
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PLYM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$18.08 - $25.55
Previous Close$18.57
Volume431.93K
Average Volume (3M)314.36K
Market Cap
$851.98M
Enterprise Value$1.66B
Total Cash (Recent Filing)$21.38M
Total Debt (Recent Filing)$823.87M
Price to Earnings (P/E)952.3
Beta1.17
Next Earnings
Feb 20, 2025EPS Estimate
>-$0.01Last Dividend Ex-Date
Sep 30, 2024Dividend Yield5.15%
Share Statistics
EPS (TTM)0.02
Shares Outstanding45,389,186
10 Day Avg. Volume467,593
30 Day Avg. Volume314,362
Standard Deviation0.10
R-Squared0.49
Alpha-0.00535
Financial Highlights & Ratios
Price to Book (P/B)1.95
Price to Sales (P/S)4.18
Price to Cash Flow (P/CF)12.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.23
Enterprise Value/Gross Profit12.09
Enterprise Value/Ebitda-136.77
Forecast
1Y Price Target
$24.44Price Target Upside30.49% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
Plymouth Industrial Reit News
PremiumCompany Announcements
Plymouth Industrial REIT: Strategic Moves and Growth Prospects
PremiumCompany Announcements
Plymouth Industrial REIT Faces Q3 2024 Challenges
Bulls Say, Bears Say
Bulls Say
Acquisition OpportunitiesManagement cited an improved outlook for acquisition activity, citing a pipeline of over $1B, spanning 11msf.
Strategic PartnershipsA notable development in the quarter pertained to a joint venture and corporate-level investment by an established asset management firm, Sixth Street, which brings in favorably priced dry powder to expand the portfolio.
ValuationThe valuation is compelling, with the stock trading at an 11.7x multiple, well-below the industrial REIT sector average, keeping analysts positive on the shares.
Bears Say
Capital Structure ComplexityThe structure of the transaction, including a preferred equity instrument with a deferral component and stock warrants complicates the capital stack.
Financial PerformancePlymouth REIT posted a 3Q24 earnings miss and guidance reduction as a handful of tenant problems weighed on operating performance.
Occupancy ChallengesTotal portfolio occupancy decreased -280bps q/q to 94.2%.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
PLYM FAQ
What was Plymouth Industrial Reit Inc’s price range in the past 12 months?
Plymouth Industrial Reit Inc lowest stock price was $18.08 and its highest was $25.55 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 Feb 20, 2025 which is in 89 days.
How were Plymouth Industrial Reit Inc’s earnings last quarter?
Plymouth Industrial Reit Inc released its earnings results on Nov 06, 2024. The company reported -$0.35 earnings per share for the quarter, missing the consensus estimate of $0.029 by -$0.379.
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 5.15%. 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 >-$0.01.
How many shares outstanding does Plymouth Industrial Reit Inc have?
Plymouth Industrial Reit Inc has 45,389,187 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 -$0.35 in its last earnings report, missing expectations of $0.029. Following the earnings report the stock price went down -2.864%.
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 279K.
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Plymouth Industrial Reit Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$24.44 (30.49% Upside)
$24.44 (30.49% Upside)
Blogger Sentiment
Bullish
PLYM Sentiment 75%
Sector Average 67%
Sector Average 67%
Insider Transactions
Sold Shares
Worth $13.2M over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Negative
20 days / 200 days
Momentum
-7.87%
12-Months-Change
Fundamentals
Return on Equity
0.18%
Trailing 12-Months
Asset Growth
1.35%
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
Q3 2024
0:00 / 0:00
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PLYM Stock 12 Month Forecast
Average Price Target
$24.44
▲(30.49% Upside)
Technical Analysis
Best Analysts Covering PLYM
1 Year
1 Year Success Rate
7/15 ratings generated profit
1 Year Average Return
+1.77%
reiterated a buy rating 16 days ago
Copying Anthony Hau's trades and holding each position for 1 Year would result in 46.67% of your transactions generating a profit, with an average return of +1.77% per trade.
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