PLYM
Plymouth Industrial REITPLYM
PLYM
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
0
Funds holding %
of 7,407 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
31% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 55
1.95% more ownership
Funds ownership: 94.34% [Q3] → 96.29% (+1.95%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 2 (+0) [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
17% less capital invested
Capital invested by funds: $968M [Q3] → $799M (-$169M) [Q4]
50% less call options, than puts
Call options by funds: $41K | Put options by funds: $82K
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$18
24%
upside
Avg. target
$19.60
35%
upside
High target
$24
65%
upside
5 analyst ratings
3 positive
60%
2 neutral
40%
0 negative
0%
Keybanc Todd Thomas 33% 1-year accuracy 4 / 12 met price target | 24%upside $18 | Overweight Maintained | 8 Apr 2025 |
Barclays Brendan Lynch 34% 1-year accuracy 10 / 29 met price target | 24%upside $18 | Equal-Weight Maintained | 31 Mar 2025 |
Truist Securities Anthony Hau 4% 1-year accuracy 1 / 23 met price target | 24%upside $18 | Hold Maintained | 24 Mar 2025 |
Citizens Capital Markets Mitch Germain 24% 1-year accuracy 10 / 41 met price target | 65%upside $24 | Market Outperform Reiterated | 21 Mar 2025 |
Baird David Rodgers 38% 1-year accuracy 11 / 29 met price target | 37%upside $20 | Outperform Maintained | 5 Mar 2025 |
Financial journalist opinion
Based on 7 articles about PLYM published over the past 30 days
Neutral
Seeking Alpha
1 day ago
Short Interest Down For U.S. REITs In March, Up For Advertising REITs
Average short interest in US equity real estate investment trusts decreased moderately in March. US REITs' short interest fell 3 basis points month over month to 3.7% of shares outstanding on average in March. The shopping center segment logged the biggest decline in March compared to the previous month, down 1.2 percentage points to 3.3% of shares outstanding on average.
Positive
Seeking Alpha
6 days ago
Markets Gone Wild
US equity markets fluctuated wildly in a tumultuous week - ultimately ending with the best weekly gains since November 2023 - after the White House announced a delay on the most "reciprocal" tariffs. Following several days of extreme volatility in which tremors of instability were felt across global markets, investors exhaled as the Administration's tariff messaging pivoted from "retribution" and "score-settling" to dealmaking. Government bond markets were in focus throughout the week as the 10-Year Treasury experienced significant and still-unexplained weakness, failing to act as typical "safe havens" during the market plunge.
Positive
Zacks Investment Research
1 week ago
Plymouth Industrial Boosts Growth With Healthy Leasing Activity in Q1
PLYM drives growth with healthy leasing activity and strategic acquisitions.
Neutral
GlobeNewsWire
1 week ago
Plymouth Industrial REIT Provides Activity Update for First Quarter 2025
BOSTON, April 07, 2025 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the “Company” or “Plymouth”) provided an activity update for the first quarter of 2025. The Company also announced details for its first quarter earnings conference call and webcast to be held on May 2, 2025.
Positive
Seeking Alpha
2 weeks ago
Cash COWs: 11 High-Yield REITs
Now is a good time to invest in REITs due to low inflation, expected rate cuts, and a bullish technical trend. Analyst upgrades on REITs outnumber downgrades, and many quality REITs offer higher-than-usual yields, making them attractive for income investors. Dividend safety is crucial; Seeking Alpha Premium's Quant Ratings help identify REITs with low risk of dividend cuts, ensuring stable income.
Neutral
Zacks Investment Research
4 weeks ago
PLYM Buys Properties for $65.1M, Grows Atlanta & Cincinnati Presence
Plymouth's purchase of industrial properties in the Atlanta and Cincinnati markets marks well below replacement cost.
Neutral
GlobeNewsWire
4 weeks ago
Plymouth Industrial REIT Expands Portfolio in Atlanta and Cincinnati
Closed on $65.1 Million of Acquisitions during the First Quarter of 2025 Closed on $65.1 Million of Acquisitions during the First Quarter of 2025
Neutral
GlobeNewsWire
1 month ago
Plymouth Industrial REIT Declares Dividend for the First Quarter of 2025
BOSTON, March 14, 2025 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the “Company”) today announced that its board of directors has declared a regular quarterly cash dividend of $0.24 per share of common stock for the first quarter of 2025. The dividend, which equates to an annualized rate of $0.96 per common share, is payable on April 30, 2025, to stockholders of record as of the close of business on March 31, 2025.
Neutral
GlobeNewsWire
1 month ago
Plymouth Industrial REIT Appoints Robert O. Stephenson to Board of Directors
BOSTON, March 13, 2025 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the “Company”) today announced the appointment of Robert O. Stephenson to its Board of Directors. He will serve as an independent director and will be a member of the Audit Committee.
Positive
Seeking Alpha
1 month ago
Plymouth Industrial: High Yield And Value In Plain Sight
Plymouth Industrial REIT trades at a significant discount to peers, offering a compelling value opportunity with strong fundamentals and a 5.6% dividend yield. PLYM focuses on secondary markets within the high-demand "Golden Triangle" region, showing robust leasing activity and growing occupancy rates. It's substantially reduced its long-term debt over the past 2 years and carries a safe leverage ratio.
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