Plymouth Industrial REIT (NYSE:PLYM - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 1.850-1.890 for the period, compared to the consensus EPS estimate of 1.970. The company issued revenue guidance of -.
Wall Street Analyst Weigh In
Several research firms have recently commented on PLYM. Barclays lowered their price objective on shares of Plymouth Industrial REIT from $25.00 to $22.00 and set an "equal weight" rating for the company in a research note on Monday, November 18th. Truist Financial downgraded shares of Plymouth Industrial REIT from a "buy" rating to a "hold" rating in a research note on Friday, January 17th. JMP Securities reaffirmed a "market outperform" rating and issued a $27.00 price target on shares of Plymouth Industrial REIT in a report on Tuesday, January 14th. BNP Paribas lowered shares of Plymouth Industrial REIT from an "outperform" rating to a "neutral" rating and set a $23.00 price target on the stock. in a report on Friday, November 8th. Finally, Robert W. Baird lowered their price target on shares of Plymouth Industrial REIT from $26.00 to $25.00 and set an "outperform" rating on the stock in a report on Tuesday, November 12th. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $23.89.
View Our Latest Research Report on PLYM
Plymouth Industrial REIT Stock Up 2.9 %
Shares of PLYM traded up $0.49 during midday trading on Friday, reaching $17.32. The stock had a trading volume of 1,240,822 shares, compared to its average volume of 336,180. The company has a market cap of $786.14 million, a price-to-earnings ratio of 866.00 and a beta of 1.33. The company's fifty day simple moving average is $16.96 and its two-hundred day simple moving average is $19.69. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.12 and a quick ratio of 0.12. Plymouth Industrial REIT has a 1-year low of $16.06 and a 1-year high of $24.71.
Plymouth Industrial REIT Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st were issued a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 5.54%. The ex-dividend date of this dividend was Tuesday, December 31st. Plymouth Industrial REIT's payout ratio is 31.37%.
Plymouth Industrial REIT Company Profile
(
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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.
Further Reading
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