NYSE:PLYM Plymouth Industrial REIT (PLYM) Stock Price, News & Analysis $22.77 -0.37 (-1.60%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$22.56▼$23.3450-Day Range$20.97▼$24.4952-Week Range$19.21▼$25.55Volume538,543 shsAverage Volume238,867 shsMarket Capitalization$1.03 billionP/E Ratio52.95Dividend Yield4.22%Price Target$25.57 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Plymouth Industrial REIT alerts: Email Address Plymouth Industrial REIT MarketRank™ Stock AnalysisAnalyst RatingHold2.29 Rating ScoreUpside/Downside12.3% Upside$25.57 Price TargetShort InterestHealthy1.09% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.59Based on 3 Articles This WeekInsider TradingSelling Shares$13.29 M Sold Last QuarterProj. Earnings Growth8.47%From $1.89 to $2.05 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.87 out of 5 starsFinance Sector249th out of 871 stocksReal Estate Investment Trusts Industry43rd out of 178 stocks 3.1 Analyst's Opinion Consensus RatingPlymouth Industrial REIT has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 3 buy ratings, 3 hold ratings, and 1 sell rating.Amount of Analyst CoveragePlymouth Industrial REIT has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Plymouth Industrial REIT's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.09% of the outstanding shares of Plymouth Industrial REIT have been sold short.Short Interest Ratio / Days to CoverPlymouth Industrial REIT has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Plymouth Industrial REIT has recently decreased by 18.88%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipPlymouth Industrial REIT is a leading dividend payer. It pays a dividend yield of 4.05%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPlymouth Industrial REIT does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Plymouth Industrial REIT is 223.26%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Plymouth Industrial REIT will have a dividend payout ratio of 46.83% next year. This indicates that Plymouth Industrial REIT will be able to sustain or increase its dividend.Read more about Plymouth Industrial REIT's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PLYM. Previous Next 1.4 News and Social Media Coverage News SentimentPlymouth Industrial REIT has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Plymouth Industrial REIT this week, compared to 3 articles on an average week.Search InterestOnly 1 people have searched for PLYM on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Plymouth Industrial REIT insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $13,285,868.00 in company stock.Percentage Held by InsidersOnly 1.30% of the stock of Plymouth Industrial REIT is held by insiders.Percentage Held by Institutions92.67% of the stock of Plymouth Industrial REIT is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Plymouth Industrial REIT's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Plymouth Industrial REIT are expected to grow by 8.47% in the coming year, from $1.89 to $2.05 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Plymouth Industrial REIT is 52.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.02.Price to Earnings Ratio vs. SectorThe P/E ratio of Plymouth Industrial REIT is 52.95, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 32.61.Price to Earnings Growth RatioPlymouth Industrial REIT has a PEG Ratio of 1.81. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPlymouth Industrial REIT has a P/B Ratio of 2.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Plymouth Industrial REIT's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyWhy billionaires are wiring money to abandoned towns A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution. Click here for my exclusive video About Plymouth Industrial REIT Stock (NYSE:PLYM)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.Read More PLYM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PLYM Stock News HeadlinesAugust 22, 2024 | insidertrades.comPlymouth Industrial REIT, Inc. (NYSE:PLYM) Major Shareholder Sells $13,285,868.04 in StockSeptember 4 at 1:15 AM | americanbankingnews.comBrokerages Set Plymouth Industrial REIT, Inc. (NYSE:PLYM) Price Target at $25.57September 7, 2024 | Porter & Company (Ad)War on Elon Escalates… A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.August 30, 2024 | finance.yahoo.comDoes A New Deal Mean This Small Industrial REIT Is Poised For Growth?August 30, 2024 | americanbankingnews.comPlymouth Industrial REIT (NYSE:PLYM) PT Raised to $27.00August 30, 2024 | americanbankingnews.comJMP Securities Reiterates Market Outperform Rating for Plymouth Industrial REIT (NYSE:PLYM)August 30, 2024 | americanbankingnews.comPlymouth Industrial REIT, Inc. (NYSE:PLYM) to Post Q1 2025 Earnings of $0.48 Per Share, Wedbush ForecastsAugust 29, 2024 | americanbankingnews.comPlymouth Industrial REIT (NYSE:PLYM) Updates FY24 Earnings GuidanceSeptember 7, 2024 | Porter & Company (Ad)War on Elon Escalates… A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.August 29, 2024 | americanbankingnews.comPlymouth Industrial REIT (NYSE:PLYM) Price Target Lowered to $25.00 at BMO Capital MarketsAugust 29, 2024 | markets.businessinsider.comStrategic Positioning and Growth Potential Affirm Plymouth Industrial REIT’s Buy RatingAugust 29, 2024 | americanbankingnews.comLument Finance Trust (NYSE:LFT) & Plymouth Industrial REIT (NYSE:PLYM) Head to Head ContrastAugust 28, 2024 | markets.businessinsider.comPlymouth Industrial Reit (PLYM) Gets a Buy from Truist FinancialAugust 28, 2024 | markets.businessinsider.comPlymouth Industrial Reit (PLYM) Receives a Hold from WedbushAugust 28, 2024 | markets.businessinsider.comJMP Securities Keeps Their Buy Rating on Plymouth Industrial Reit (PLYM)August 27, 2024 | markets.businessinsider.comPlymouth Industrial Reit: Balancing Joint Venture Prospects and Execution RisksAugust 27, 2024 | finanznachrichten.dePlymouth Industrial REIT Inc.: Plymouth Industrial REIT Announces Strategic Partnership with Sixth StreetAugust 27, 2024 | markets.businessinsider.comPlymouth Industrial REIT In Investment Deal With Sixth Street; Confirms FY24 Core FFO ViewSee More Headlines Receive PLYM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Plymouth Industrial REIT and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/01/2024Ex-Dividend for 7/31 Dividend6/28/2024Dividend Payable7/31/2024Today9/07/2024Next Earnings (Estimated)11/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryN/A Current SymbolNYSE:PLYM CUSIPN/A CIK1515816 Webwww.plymouthreit.com Phone(617) 340-3814FaxN/AEmployees43Year FoundedN/APrice Target and Rating Average Stock Price Target$25.57 High Stock Price Target$27.00 Low Stock Price Target$23.00 Potential Upside/Downside+12.3%Consensus RatingHold Rating Score (0-4)2.29 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$0.43 Trailing P/E Ratio52.95 Forward P/E Ratio12.05 P/E Growth1.81Net Income$13.66 million Net Margins13.45% Pretax Margin13.73% Return on Equity5.47% Return on Assets1.86% Debt Debt-to-Equity Ratio1.49 Current Ratio0.16 Quick Ratio0.16 Sales & Book Value Annual Sales$199.46 million Price / Sales5.18 Cash Flow$2.24 per share Price / Cash Flow10.17 Book Value$10.79 per share Price / Book2.11Miscellaneous Outstanding Shares45,382,000Free Float44,792,000Market Cap$1.03 billion OptionableOptionable Beta1.36 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Jeffrey Earle Witherell (Age 59)Co-Founder, Chairman & CEO Comp: $1.46MMr. Anthony J. Saladino (Age 50)Executive VP & CFO Comp: $856.14kMr. James M. Connolly (Age 61)Executive Vice President of Asset Management Comp: $576.25kMr. Lyndon J. BlakesleySenior VP & Chief Accounting OfficerMs. Anne Alger Hayward Esq. (Age 72)Senior VP, General Counsel & Secretary Mr. Scott L. Robinson (Age 54)Senior Vice President of Corporate Development Mr. Benjamin P. CouesSenior VP & Head of AcquisitionsMr. Daniel HeffernanSenior Vice President of Asset ManagementMore ExecutivesKey CompetitorsKilroy RealtyNYSE:KRCSL Green RealtyNYSE:SLGSabra Health Care REITNASDAQ:SBRAHannon Armstrong Sustainable Infrastructure CapitalNYSE:HASIHoward HughesNYSE:HHHView All CompetitorsInsiders & InstitutionsMirelf Vi Reit Investments Iv,Sold 563,438 sharesTotal: $13.29 M ($23.58/share)B. Riley Wealth Advisors Inc.Sold 4,003 shares on 8/19/2024Ownership: 0.040%Point72 Asset Management L.P.Sold 1,555 shares on 8/19/2024Ownership: 0.012%The Manufacturers Life Insurance Company Sold 6,532 shares on 8/15/2024Ownership: 0.357%Susquehanna Portfolio Strategies LLCSold 4,298 shares on 8/15/2024Ownership: 0.043%View All Insider TransactionsView All Institutional Transactions PLYM Stock Analysis - Frequently Asked Questions How have PLYM shares performed this year? Plymouth Industrial REIT's stock was trading at $24.07 at the beginning of the year. Since then, PLYM stock has decreased by 5.4% and is now trading at $22.77. View the best growth stocks for 2024 here. How were Plymouth Industrial REIT's earnings last quarter? Plymouth Industrial REIT, Inc. (NYSE:PLYM) released its quarterly earnings data on Wednesday, May, 1st. The company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.47 by $0.33. The firm had revenue of $50.23 million for the quarter, compared to analysts' expectations of $50.73 million. Plymouth Industrial REIT had a net margin of 13.45% and a trailing twelve-month return on equity of 5.47%. When did Plymouth Industrial REIT IPO? Plymouth Industrial REIT (PLYM) raised $76 million in an IPO on Friday, June 9th 2017. The company issued 3,800,000 shares at $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. Who are Plymouth Industrial REIT's major shareholders? Plymouth Industrial REIT's top institutional investors include Westwood Holdings Group Inc. (6.53%), Dimensional Fund Advisors LP (1.18%), Chilton Capital Management LLC (0.95%) and Thrivent Financial for Lutherans (0.94%). Insiders that own company stock include Mirelf Vi Reit Investments Iv, and Pendleton P White. View institutional ownership trends. How do I buy shares of Plymouth Industrial REIT? Shares of PLYM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:PLYM) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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