Plymouth Industrial REIT (NYSE:PLYM - Get Free Report) will likely be issuing its quarterly earnings data before the market opens on Wednesday, February 19th. Analysts expect the company to announce earnings of $0.46 per share and revenue of $51.06 million for the quarter. Parties interested in registering for the company's conference call can do so using this link.
Plymouth Industrial REIT Price Performance
NYSE PLYM traded up $0.10 on Friday, reaching $16.66. The company's stock had a trading volume of 388,974 shares, compared to its average volume of 338,622. Plymouth Industrial REIT has a twelve month low of $16.20 and a twelve month high of $24.71. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.12 and a current ratio of 0.12. The stock has a market cap of $755.97 million, a PE ratio of 832.75 and a beta of 1.33. The firm's 50 day moving average is $17.35 and its two-hundred day moving average is $20.19.
Plymouth Industrial REIT Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st were issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 5.76%. The ex-dividend date was Tuesday, December 31st. Plymouth Industrial REIT's payout ratio is 4,800.00%.
Wall Street Analyst Weigh In
PLYM has been the subject of a number of research analyst reports. Robert W. Baird cut their price target on shares of Plymouth Industrial REIT from $26.00 to $25.00 and set an "outperform" rating for the company in a report on Tuesday, November 12th. JMP Securities reaffirmed a "market outperform" rating and set a $27.00 price objective on shares of Plymouth Industrial REIT in a research note 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 objective for the company. in a research note on Friday, November 8th. Truist Financial lowered shares of Plymouth Industrial REIT from a "buy" rating to a "hold" rating in a research note on Friday, January 17th. Finally, Barclays reduced 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. One equities 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 stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $23.89.
Check Out Our Latest Analysis on PLYM
Plymouth Industrial REIT Company Profile
(
Get Free Report)
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.
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