2 weeks Ago By ABMN Staff
Plymouth Industrial REIT, Inc. ( NYSE:PLYM – Free Report ) – Equities researchers at Wedbush issued their Q1 2025 earnings estimates for shares of Plymouth Industrial REIT in a report issued on Wednesday, August 28th. Wedbush analyst R.
Anderson forecasts that the company will post earnings per share of $0.48 for the quarter. Wedbush has a “Neutral” rating and a $25.
00 price target on the stock. The consensus estimate for Plymouth Industrial REIT’s current full-year earnings is $1.89 per share.
Wedbush also issued estimates for Plymouth Industrial REIT’s Q2 2025 earnings at $0.50 EPS, Q3 2025 earnings at $0.52 EPS and Q4 2025 earnings at $0.
54 EPS. A number of other research firms also recently commented on PLYM. Barclays boosted their price target on shares of Plymouth Industrial REIT from $22.
00 to $25.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 14th. JMP Securities restated a “market outperform” rating and set a $27.
00 price target on shares of Plymouth Industrial REIT in a research report on Wednesday. JPMorgan Chase & Co. dropped their price target on shares of Plymouth Industrial REIT from $24.
00 to $23.00 and set an “underweight” rating on the stock in a research report on Wednesday, July 10th. B.
Riley boosted their price target on shares of Plymouth Industrial REIT from $26.00 to $27.00 and gave the stock a “buy” rating in a research report on Monday, August 5th.
Finally, BMO Capital Markets cut their target price on shares of Plymouth Industrial REIT from $26.00 to $25.00 and set a “market perform” rating for the company in a research note on Wednesday.
One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $25.
57. Plymouth Industrial REIT Trading Down 0.5 % Shares of NYSE:PLYM opened at $23.
70 on Thursday. The company has a market cap of $1.08 billion, a PE ratio of 55.
12, a P/E/G ratio of 1.77 and a beta of 1.36.
The company’s 50-day moving average price is $23.05 and its 200 day moving average price is $21.90.
Plymouth Industrial REIT has a fifty-two week low of $19.21 and a fifty-two week high of $25.55.
The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 1.
49. Plymouth Industrial REIT Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 31st. Shareholders of record on Friday, June 28th were issued a $0.
24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 4.
05%. The ex-dividend date was Friday, June 28th. Plymouth Industrial REIT’s dividend payout ratio (DPR) is currently 223.
26%. Insider Buying and Selling at Plymouth Industrial REIT In other Plymouth Industrial REIT news, major shareholder Mirelf Vi Reit Investments Iv, sold 563,438 shares of the firm’s stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $23.
58, for a total value of $13,285,868.04. Following the completion of the sale, the insider now owns 4,474,292 shares in the company, valued at approximately $105,503,805.
36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink . Insiders own 1.
30% of the company’s stock. Hedge Funds Weigh In On Plymouth Industrial REIT Several hedge funds and other institutional investors have recently modified their holdings of the stock. International Assets Investment Management LLC increased its holdings in Plymouth Industrial REIT by 2,306.
3% during the 4th quarter. International Assets Investment Management LLC now owns 1,155 shares of the company’s stock valued at $28,000 after purchasing an additional 1,107 shares in the last quarter. Quadrant Capital Group LLC increased its holdings in Plymouth Industrial REIT by 77.
4% during the 4th quarter. Quadrant Capital Group LLC now owns 1,751 shares of the company’s stock valued at $42,000 after purchasing an additional 764 shares in the last quarter. Signaturefd LLC increased its stake in shares of Plymouth Industrial REIT by 40.
8% in the 4th quarter. Signaturefd LLC now owns 1,731 shares of the company’s stock valued at $42,000 after buying an additional 502 shares during the period. Federated Hermes Inc.
increased its stake in shares of Plymouth Industrial REIT by 774.4% in the 4th quarter. Federated Hermes Inc.
now owns 1,845 shares of the company’s stock valued at $44,000 after buying an additional 1,634 shares during the period. Finally, New York State Teachers Retirement System acquired a new stake in shares of Plymouth Industrial REIT in the 1st quarter valued at $89,000. Institutional investors own 92.
67% of the company’s stock. About Plymouth Industrial REIT ( 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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