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Real Estate - REIT - Industrial - NYSE - US
$ 18.38
-1.29 %
$ 834 M
Market Cap
919.0
P/E
1. INTRINSIC VALUE

Plymouth Industrial REIT, Inc. is a vertically integrated and self-managed real estate investment trust focused on the acquisition and operation of single and multi-tenant industrial properties located in secondary and select primary markets across the United States. The Company seeks to acquire properties that provide income and growth that enable the Company to leverage its real estate operating expertise to enhance shareholder value through active asset management, prudent property re-positioning and disciplined capital deployment.[ Read More ]

The intrinsic value of one PLYM stock under the base case scenario is HIDDEN Compared to the current market price of 18.4 USD, Plymouth Industrial REIT, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart PLYM

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FINANCIALS
200 M REVENUE
8.89%
29.5 M OPERATING INCOME
89.94%
13.8 M NET INCOME
180.76%
81.9 M OPERATING CASH FLOW
13.35%
-79 K INVESTING CASH FLOW
99.97%
-86.8 M FINANCING CASH FLOW
-51.68%
51.9 M REVENUE
6.54%
9.9 M OPERATING INCOME
0.15%
-15.3 M NET INCOME
-1155.50%
0 OPERATING CASH FLOW
0.00%
0 INVESTING CASH FLOW
0.00%
0 FINANCING CASH FLOW
100.00%
Balance Sheet Decomposition Plymouth Industrial REIT, Inc.
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Current Assets 47.9 M
Cash & Short-Term Investments 14.5 M
Receivables 0
Other Current Assets 33.4 M
Non-Current Assets 51.5 M
Long-Term Investments 0
PP&E 0
Other Non-Current Assets 51.5 M
Current Liabilities 88.7 M
Accounts Payable 73.9 M
Short-Term Debt 155 M
Other Current Liabilities -141 M
Non-Current Liabilities 865 M
Long-Term Debt 717 M
Other Non-Current Liabilities 148 M
EFFICIENCY
Earnings Waterfall Plymouth Industrial REIT, Inc.
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Revenue 200 M
Cost Of Revenue 62.5 M
Gross Profit 137 M
Operating Expenses 108 M
Operating Income 29.5 M
Other Expenses 15.7 M
Net Income 13.8 M
RATIOS
68.71% GROSS MARGIN
68.71%
14.77% OPERATING MARGIN
14.77%
6.84% NET MARGIN
6.84%
2.83% ROE
2.83%
0.95% ROA
0.95%
2.18% ROIC
2.18%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Plymouth Industrial REIT, Inc.
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Net Income 13.8 M
Depreciation & Amortization 90.7 M
Capital Expenditures 0
Stock-Based Compensation 2.97 M
Change in Working Capital -3.24 M
Others -31.8 M
Free Cash Flow 81.9 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Plymouth Industrial REIT, Inc.
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Wall Street analysts predict an average 1-year price target for PLYM of $25.5 , with forecasts ranging from a low of $24 to a high of $27 .
PLYM Lowest Price Target Wall Street Target
24 USD 30.58%
PLYM Average Price Target Wall Street Target
25.5 USD 38.74%
PLYM Highest Price Target Wall Street Target
27 USD 46.90%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0.24 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Plymouth Industrial REIT, Inc.
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Sold
0-3 MONTHS
13.3 M USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
86.3 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
2 months ago
Aug 19, 2024
Sell 13.3 M USD
MIRELF VI REIT Investments IV, LLC
other: No longer a 10% owner
- 563438
23.58 USD
8 months ago
Mar 14, 2024
Bought 86.3 K USD
WHITE PENDLETON P
Director
+ 4000
21.58 USD
3 years ago
Sep 07, 2021
Sell 284 K USD
Witherell Jeffrey E
CEO
- 11923
23.81 USD
3 years ago
Sep 07, 2021
Sell 284 K USD
WHITE PENDLETON P
President and CIO
- 11923
23.81 USD
5 years ago
Mar 12, 2019
Bought 15.3 K USD
Witherell Jeffrey E
CEO
+ 1000
15.33 USD
5 years ago
Dec 20, 2018
Bought 1.2 K USD
DeAgazio Richard J
Director
+ 100
12.05 USD
5 years ago
Dec 19, 2018
Bought 4.95 K USD
DeAgazio Richard J
Director
+ 400
12.37 USD
5 years ago
Dec 19, 2018
Bought 12.4 K USD
WHITE PENDLETON P
President and CIO
+ 1000
12.35 USD
5 years ago
Dec 19, 2018
Bought 10 K USD
WRIGHT DANIEL C
CFO
+ 800
12.5 USD
6 years ago
Sep 06, 2018
Bought 12.3 K USD
Witherell Jeffrey E
CEO
+ 800
15.42 USD
6 years ago
Aug 16, 2018
Bought 7.8 K USD
WHITE PENDLETON P
President and CIO
+ 500
15.6 USD
6 years ago
Mar 21, 2018
Bought 4.44 K USD
WHITE PENDLETON P
President and CIO
+ 250
17.78 USD
6 years ago
Mar 21, 2018
Bought 17.8 K USD
Witherell Jeffrey E
CEO
+ 1000
17.75 USD
6 years ago
Mar 13, 2018
Bought 1.73 K USD
Witherell Jeffrey E
CEO
+ 100
17.31 USD
6 years ago
Mar 13, 2018
Bought 4.34 K USD
WHITE PENDLETON P
President and CIO
+ 250
17.38 USD
6 years ago
Mar 13, 2018
Bought 5.17 K USD
WRIGHT DANIEL C
CFO
+ 300
17.224 USD
6 years ago
Dec 07, 2017
Bought 8.76 K USD
WRIGHT DANIEL C
CFO
+ 500
17.53 USD
6 years ago
Dec 07, 2017
Bought 8.76 K USD
WRIGHT DANIEL C
CFO
+ 500
17.53 USD
6 years ago
Dec 07, 2017
Bought 8.8 K USD
Witherell Jeffrey E
CEO
+ 500
17.6 USD
6 years ago
Dec 05, 2017
Bought 8.94 K USD
WHITE PENDLETON P
President and CIO
+ 500
17.89 USD
6 years ago
Nov 24, 2017
Bought 5.41 K USD
WHITE PENDLETON P
President and CIO
+ 300
18.03 USD
6 years ago
Nov 24, 2017
Bought 18 K USD
Witherell Jeffrey E
CEO
+ 1000
18.04 USD
7 years ago
Jun 09, 2017
Bought 3.63 K USD
WHITE PENDLETON P
President and CIO
+ 200
18.13 USD
7 years ago
Jun 12, 2017
Bought 18.4 K USD
WRIGHT DANIEL C
EVP/CFO
+ 1000
18.36 USD
7 years ago
Jun 09, 2017
Bought 3.63 K USD
Witherell Jeffrey E
CEO
+ 200
18.17 USD
7. News
AIP Realty Trust Announces Securities Purchase Agreement to Acquire AllTrades Industrial Properties, LLC and Closing of Investment by Plymouth Industrial OP, LP, a subsidiary of Plymouth Industrial REIT, Inc. VANCOUVER, British Columbia, Nov. 14, 2024 (GLOBE NEWSWIRE) -- AIP Realty Trust (the “Trust” or “AIP”) (TSXV: AIP.U) today announces that it, through its subsidiary AIP OP, LP (“OP LP”), has entered into a securities purchase agreement (the “Securities Purchase Agreement”) with 2024 ATIP, Inc. (“ATIP”) pursuant to which the Trust proposes to acquire (the “AllTrades Transaction”) all of the issued and outstanding membership interests (“Membership Interests”) of AllTrades Industrial Properties, LLC (“AllTrades”). OP LP is a Delaware limited partnership of which AIP Realty USA, Inc. (the “REIT”), a subsidiary of the Trust, serves as general partner. Pursuant to the AllTrades Transaction, among other things, OP LP will acquire all of the Membership Interests, the consideration for which is expected to be comprised of the following: globenewswire.com - 2 days ago
Why REITs Will Pummel Stocks In 2025 REITs have strongly outperformed the S&P 500 in the recent past. I expect this strong outperformance to continue. There are two reasons for this. seekingalpha.com - 3 days ago
Plymouth Industrial REIT, Inc. (PLYM) Q3 2024 Earnings Call Transcript Plymouth Industrial REIT, Inc. (NYSE:PLYM ) Q3 2024 Earnings Conference Call November 7, 2024 9:00 AM ET Company Participants Tripp Sullivan - Investor Relations Jeff Witherell - Chairman & Chief Executive Officer Anthony Saladino - Executive Vice President & Chief Financial Officer Jim Connolly - Executive Vice President, Asset Management Conference Call Participants Mitch Germain - Citizens JMP Rich Anderson - Wedbush John Kim - BMO Capital Markets Todd Thomas - KeyBanc Capital Markets Brendan Lynch - Barclays Anthony Howe - Truist Securities Operator Good morning, and welcome to the Plymouth Industrial REIT Conference Call to review the company's Results for the Third Quarter of 2024. All participants will be in listen-only mode. seekingalpha.com - 1 week ago
Plymouth Industrial (PLYM) Q3 FFO Lag Estimates Plymouth Industrial (PLYM) came out with quarterly funds from operations (FFO) of $0.44 per share, missing the Zacks Consensus Estimate of $0.48 per share. This compares to FFO of $0.46 per share a year ago. zacks.com - 1 week ago
Plymouth Industrial REIT Reports Third Quarter 2024 Results BOSTON, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the “Company”) today announced its financial results for the third quarter ended September 30, 2024, and other recent developments. globenewswire.com - 1 week ago
Plymouth Industrial REIT Upsizes Aggregate Borrowing Capacity to $1.5 Billion with New $600 Million Unsecured Credit Facility BOSTON, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the “Company”) today announced it has entered into a $600 million amended and restated unsecured credit facility that provides expanded borrowing capacity, extended maturities and enhanced ability to pursue other unsecured debt. globenewswire.com - 1 week ago
Mopar Energizes 2024 SEMA Show With Plymouth GTX Electromod and Ram Sport Truck Concepts AUBURN HILLS, Mich., Oct. 29, 2024 /PRNewswire/ -- 1967 Plymouth GTX Electromod Concept is powered by a conceptual Mopar e-Crate propulsion package Ram 2500 Power Wagon Concept bridges gap between daily workhorse and weekend adventurer Moparized Ram 1500 RHO features new high-impact concept exterior graphics and Mopar accessories Dodge will showcase products from the brand's Direct Connection performance parts line, including crate engines and more, and debut new heritage-inspired Dodge E-Bike licensed product Mopar display area (#44137 in South Hall) spotlights numerous customized vehicles from Jeep®, Ram and Dodge, Mopar enthusiast/TV personality Mark Worman; along with hundreds of factory-backed performance parts and accessories Mopar puts a serious charge into the 2024 Specialty Equipment Market Association (SEMA) Show, Nov. 5 – Nov. 8 in Las Vegas, with new, head-turning concept vehicles – combined to showcase a wide range of distinctly different appearance and performance modifications to enthusiasts. prnewswire.com - 2 weeks ago
PLYM or NHI: Which Is the Better Value Stock Right Now? Investors with an interest in REIT and Equity Trust - Other stocks have likely encountered both Plymouth Industrial (PLYM) and National Health Investors (NHI). But which of these two companies is the best option for those looking for undervalued stocks? zacks.com - 2 weeks ago
These REITs Trade At Premiums, But Should They? REIT sectors are often mispriced due to broad-brush analysis; individual property types react differently to economic news, creating investment opportunities. Industrial REITs face weakened fundamentals but still have growth potential; STAG Industrial and Plymouth are undervalued within the sector. Manufactured housing REITs deserve their premium due to affordability and constrained supply; UMH Properties and Flagship offer cheaper entry points. seekingalpha.com - 1 month ago
Rate Cut Rethink U.S. equity markets extended gains to a fifth-straight week despite a continued upswell in benchmark interest rates, as investors weighed a solid start to earnings season against lukewarm inflation data. All eyes were on the Consumer Price Index report, which posted a fractional upside surprise in September for a second-straight month, which followed four straight months of cooler-than-expected reports. Bond markets remained under pressure as buoyant labor market data last week and lukewarm inflation data this week has prompted investors to re-think the prospects of aggressive Fed rate cuts. seekingalpha.com - 1 month ago
PLYM vs. NHI: Which Stock Is the Better Value Option? Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Plymouth Industrial (PLYM) and National Health Investors (NHI). But which of these two companies is the best option for those looking for undervalued stocks? zacks.com - 1 month ago
Plymouth Industrial Boosts Growth With Healthy Leasing Activity in Q3 PLYM drives success with healthy leasing activity and an increase in rental rates. zacks.com - 1 month ago
8. Profile Summary

Plymouth Industrial REIT, Inc. PLYM

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COUNTRY US
INDUSTRY REIT - Industrial
MARKET CAP $ 834 M
Dividend Yield 0.00%
Description Plymouth Industrial REIT, Inc. is a vertically integrated and self-managed real estate investment trust focused on the acquisition and operation of single and multi-tenant industrial properties located in secondary and select primary markets across the United States. The Company seeks to acquire properties that provide income and growth that enable the Company to leverage its real estate operating expertise to enhance shareholder value through active asset management, prudent property re-positioning and disciplined capital deployment.
Contact 260 Franklin Street, Boston, MA, 02110 https://www.plymouthreit.com
IPO Date June 9, 2017
Employees 43
Officers Ms. Anne Alger Hayward Esq. Senior Vice President, General Counsel & Secretary Mr. Lyndon J. Blakesley Senior Vice President & Chief Accounting Officer Mr. Daniel Heffernan Senior Vice President of Asset Management Mr. Jeffrey Earle Witherell Co-Founder, Chairman & Chief Executive Officer Mr. Philip S. Cottone Independent Director Mr. Scott L. Robinson Senior Vice President of Corporate Development Mr. James M. Connolly Executive Vice President of Asset Management Mr. Benjamin P. Coues Senior Vice President & Head of Acquisitions