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 7,296 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
78% more call options, than puts
Call options by funds: $116K | Put options by funds: $65K
70% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 20
4% more funds holding
Funds holding: 185 [Q4 2024] → 193 (+8) [Q1 2025]
2% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 64
0% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2024] → 2 (+0) [Q1 2025]
1.98% less ownership
Funds ownership: 96.94% [Q4 2024] → 94.96% (-1.98%) [Q1 2025]
12% less capital invested
Capital invested by funds: $805M [Q4 2024] → $706M (-$99M) [Q1 2025]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$18
11%
upside
Avg. target
$19.40
19%
upside
High target
$24
48%
upside
5 analyst ratings
3 positive
60%
2 neutral
40%
0 negative
0%
Baird David Rodgers | 17%upside $19 | Outperform Maintained | 8 May 2025 |
Keybanc Todd Thomas | 11%upside $18 | Overweight Maintained | 8 Apr 2025 |
Barclays Brendan Lynch | 11%upside $18 | Equal-Weight Maintained | 31 Mar 2025 |
Truist Securities Anthony Hau | 11%upside $18 | Hold Maintained | 24 Mar 2025 |
Citizens Capital Markets Mitch Germain | 48%upside $24 | Market Outperform Reiterated | 21 Mar 2025 |
Financial journalist opinion
Based on 3 articles about PLYM published over the past 30 days
Positive
Seeking Alpha
1 week ago
U.S. REIT Share Repurchase Activity Doubles In Q1 2025
Share buyback activity by US equity real estate investment trusts more than doubled in the first quarter, according to an analysis by S&P Global Market Intelligence. The US REIT sector bought back around $993.2 million in common stock in the period, more than twice as much as the $456.2 million in the fourth quarter of 2024 and up 15.5% year over year. More than a dozen REITs announced new share repurchase programs during the first quarter.
Neutral
Seeking Alpha
2 weeks ago
Tariffs On, Tariffs Off
US equity markets rallied this week, capping off the best monthly gains since November 2023, as investors weighed encouraging inflation data against a whipsaw of court rulings on tariffs. Extending the on-again-off-again tariff saga, a trade court ruled that the tariffs were procedurally invalid, but an Appeals court paused the block, likely sending the decision to the Supreme Court. Rebounding from declines of 2.6% last week, the S&P 500 rallied 1.8% this week, closing within 4% of its February record highs.
Neutral
GlobeNewsWire
2 weeks ago
Plymouth Industrial REIT Expands Portfolio in Atlanta
BOSTON, May 28, 2025 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the “Company”) today announced the acquisition of a 100,420-square-foot single-tenant warehouse facility in southwest Atlanta, GA for $11.7 million, representing an initial net operating income (“NOI”) yield of 6.95%. The property is fully leased through May 2030 to a leading consumer self-care products and solutions provider.
Negative
Seeking Alpha
1 month ago
Plymouth Industrial: Questioning The Growth Strategy
Plymouth Industrial REIT focuses on the Golden Triangle, owning nearly 200 buildings with high occupancy but relies heavily on shareholder dilution for growth. The complex deal with Sixth Street, involving a $250 million investment and preferred equity issuance, complicates financials and raises concerns about capital allocation strategies. Despite appealing valuation metrics, including a low FFO multiple and high dividend yield, I remain cautious due to dated properties and expensive overhead.
Neutral
Seeking Alpha
1 month ago
Plymouth Industrial REIT, Inc. (PLYM) Q1 2025 Earnings Call Transcript
Plymouth Industrial REIT, Inc. (PLYM) Q1 2025 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
Plymouth Industrial (PLYM) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Plymouth Industrial (PLYM) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Negative
Zacks Investment Research
1 month ago
Plymouth Industrial (PLYM) Q1 FFO and Revenues Miss Estimates
Plymouth Industrial (PLYM) came out with quarterly funds from operations (FFO) of $0.44 per share, missing the Zacks Consensus Estimate of $0.45 per share. This compares to FFO of $0.45 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
Plymouth Industrial REIT Reports First Quarter Results
BOSTON, May 01, 2025 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (–“Plymouth” or the “Company”) today announced its financial results for the first quarter ended March 31, 2025 and other recent developments.
Neutral
Seeking Alpha
1 month 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
2 months 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.
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