Plymouth Industrial REIT (PLYM)

• Market cap: $764M
• 1 day: 0.90%
• 5 days: -0.47%
• 1 month: 1.33%
• 3 months: -11.36%
• 6 months: -27.36%
• Year to date: -3.06%
• 1 year: -22.78%
• 5 years: 9.67%
• 10 years: -8.75%
• Sector: Financials
• Industry: Real Estate Investment Trusts

About: Plymouth Industrial REIT Inc is a full-service, vertically integrated, self-administered, and self-managed Maryland corporation. It is focused on the acquisition, ownership, and management of single and multi-tenant Class B industrial properties, including distribution centers, warehouses, and light industrial properties, located in secondary and primary markets across the United States. The company has one reportable segment, which is Industrial properties. The majority of its property portfolio is spread across Florida, Ohio, Indiana, Tennessee, Illinois and Georgia, among others. It receives income from the rental revenue through its properties.

Employees: 46

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

27% more repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 56

0% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]

0.02% less ownership

Funds ownership: 96.31% [Q3] → 96.29% (-0.02%) [Q4]

3% less funds holding

Funds holding: 190 [Q3] → 184 (-6) [Q4]

17% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 30

19% less capital invested

Capital invested by funds: $988M [Q3] → $799M (-$189M) [Q4]

50% less call options, than puts

Call options by funds: $41K | Put options by funds: $82K

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $19 13% upside
• Avg. target: $23 34% upside
• High target: $27 61% upside

4 analyst ratings

• positive: 3 75%
• neutral: 0 0%
• negative: 1 25%

Baird David Rodgers 55% 1-year accuracy 16 / 29 met price target	19% upside $20	Outperform Maintained	5 Mar 2025
Citizens Capital Markets Mitch Germain 67% 1-year accuracy 28 / 42 met price target	43% upside $24	Market Outperform Maintained	28 Feb 2025
JP Morgan Michael Mueller 80% 1-year accuracy 12 / 15 met price target	13% upside $19	Underweight Maintained	14 Jan 2025
JMP Securities Mitch Germain 67% 1-year accuracy 28 / 42 met price target	61% upside $27	Market Outperform Reiterated	14 Jan 2025