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Real Estate - REIT - Industrial - NYSE - US
$ 17.48
0.807 %
$ 793 M
Market Cap
5.71
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Mar, 3, 2025.

The intrinsic value of one PLYM stock under the worst case scenario is HIDDEN Compared to the current market price of 17.5 USD, Plymouth Industrial REIT, Inc. is HIDDEN

This DCF valuation model was last updated on Mar, 3, 2025.

The intrinsic value of one PLYM stock under the base case scenario is HIDDEN Compared to the current market price of 17.5 USD, Plymouth Industrial REIT, Inc. is HIDDEN

This DCF valuation model was last updated on Mar, 3, 2025.

The intrinsic value of one PLYM stock under the best case scenario is HIDDEN Compared to the current market price of 17.5 USD, Plymouth Industrial REIT, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS
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%
17.6 M OPERATING CASH FLOW
-11.55%
-87.4 M INVESTING CASH FLOW
-2984.63%
67.2 M FINANCING CASH FLOW
583.84%
Balance Sheet Plymouth Industrial REIT, Inc.
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Current Assets 26.2 M
Cash & Short-Term Investments 14.5 M
Receivables 0
Other Current Assets 11.7 M
Non-Current Assets 1.42 B
Long-Term Investments 0
PP&E 4.83 M
Other Non-Current Assets 1.41 B
Current Liabilities 88.7 M
Accounts Payable 67.7 M
Short-Term Debt 19.6 M
Other Current Liabilities 1.44 M
Non-Current Liabilities 865 M
Long-Term Debt 850 M
Other Non-Current Liabilities 15.4 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 137 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%
2.15% ROIC
2.15%
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 $24.9 , with forecasts ranging from a low of $22 to a high of $27 .
PLYM Lowest Price Target Wall Street Target
22 USD 25.86%
PLYM Average Price Target Wall Street Target
24.9 USD 42.31%
PLYM Highest Price Target Wall Street Target
27 USD 54.46%
4. DIVIDEND ANALYSIS
1.08% 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
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
13.3 M USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
129 K USD 2
3-6 MONTHS
0 USD 0
6-9 MONTHS
86.3 K USD 1
9-12 MONTHS
Date Value Insider Amount Avg Price
3 months ago
Nov 15, 2024
Bought 92 K USD
WHITE PENDLETON P. JR.
Director
+ 5000
18.39 USD
3 months ago
Nov 15, 2024
Bought 37 K USD
Witherell Jeffrey E
CEO
+ 2000
18.49 USD
6 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
11 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
6 years ago
Dec 20, 2018
Bought 1.2 K USD
DeAgazio Richard J
Director
+ 100
12.05 USD
6 years ago
Dec 19, 2018
Bought 4.95 K USD
DeAgazio Richard J
Director
+ 400
12.37 USD
6 years ago
Dec 19, 2018
Bought 12.4 K USD
WHITE PENDLETON P
President and CIO
+ 1000
12.35 USD
6 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
7 years ago
Dec 07, 2017
Bought 8.76 K USD
WRIGHT DANIEL C
CFO
+ 500
17.53 USD
7 years ago
Dec 07, 2017
Bought 8.76 K USD
WRIGHT DANIEL C
CFO
+ 500
17.53 USD
7 years ago
Dec 07, 2017
Bought 8.8 K USD
Witherell Jeffrey E
CEO
+ 500
17.6 USD
7 years ago
Dec 05, 2017
Bought 8.94 K USD
WHITE PENDLETON P
President and CIO
+ 500
17.89 USD
7 years ago
Nov 24, 2017
Bought 5.41 K USD
WHITE PENDLETON P
President and CIO
+ 300
18.03 USD
7 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
Plymouth Industrial REIT Promotes Anthony Saladino to President BOSTON, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the “Company”) today announced it has promoted Anthony Saladino to President and Chief Financial Officer, effective immediately. globenewswire.com - 1 week ago
Plymouth Industrial REIT Executes Value-Add Initiatives in Recently Acquired Memphis Logistics Portfolio BOSTON, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) announced the sale of a 33,688-square-foot flex building in Memphis, TN to an end user at a price of $2.4 million. The building was part of a portfolio Plymouth acquired in July 2024 for $100.5 million. globenewswire.com - 3 weeks ago
Plymouth Industrial Secures Lease in St. Louis, Sees Rent Growth Continuing its healthy leasing momentum, PLYM secures a two-year lease from a major international enterprise at a St. Louis industrial building. zacks.com - 1 month ago
Plymouth Industrial REIT Inks Lease at Key St. Louis Building BOSTON, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) announced it has executed a two-year lease at its 769,500-square-foot Class A industrial building in the Metro East submarket of St. Louis that commenced on January 15, 2025. The lease is for 600,000 square feet during the first year and 450,000 square feet during the second year with a major international manufacturing, engineering, and logistics service provider. globenewswire.com - 1 month ago
CORRECTING and REPLACING -- Plymouth Industrial REIT Announces Tax Treatment of 2024 Dividends BOSTON, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) announced the tax treatment of its 2024 dividends to common stockholders. The following table summarizes Plymouth Industrial REIT's dividends to stockholders of Common Stock CUSIP #729640102 traded on the NYSE under ticker symbol “PLYM” for the tax year ended December 31, 2024: globenewswire.com - 1 month ago
Plymouth Industrial REIT Announces Tax Treatment of 2024 Dividends BOSTON, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) announced the tax treatment of its 2024 dividends to common stockholders. The following table summarizes Plymouth Industrial REIT's dividends to stockholders of Common Stock CUSIP #729640102 traded on the NYSE under ticker symbol “PLYM” for the tax year ended December 31, 2024: globenewswire.com - 1 month ago
Plymouth Industrial Shows Resilient Growth & Strategic Focus in Q4 PLYM ends 2024 strong with rent growth and strategic acquisitions. zacks.com - 1 month ago
Plymouth Industrial REIT Provides Activity Update for Fourth Quarter 2024 BOSTON, Jan. 10, 2025 (GLOBE NEWSWIRE) -- —(January 10, 2025) Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the “Company” or “Plymouth”) provided an activity update for the fourth quarter of 2024. The Company also announced details for its fourth quarter earnings conference call and webcast to be held on February 27, 2025. globenewswire.com - 1 month ago
Innovative Industrial's Business Model Fails, While Plymouth Shows Resilience Plymouth Industrial REIT, Inc. is a strong industrial REIT with a durable business model, trading at a discounted AFFO multiple and well below NAV. Innovative Industrial Properties, Inc. faces significant tenant difficulties, with high rent per foot and risky tenant investment strategy leading to potential long-term vacancies or reduced rents. PLYM's tenant defaults are minor and have led to higher replacement rents, showcasing robust asset underwriting and a focus on quality real estate. seekingalpha.com - 2 months ago
Plymouth Buys Portfolio for $20.1M, Boosts Cincinnati Presence PLYM purchases the small bay industrial properties in Cincinnati well below replacement cost. zacks.com - 2 months ago
Plymouth Industrial REIT Adds to its Presence in Cincinnati with Acquisition of Small Bay Industrial Portfolio for $20.1 Million Second Tranche of Portfolio to Close in First Quarter of 2025 for $17.9 Million Second Tranche of Portfolio to Close in First Quarter of 2025 for $17.9 Million globenewswire.com - 2 months ago
Plymouth Industrial REIT Declares Dividend for the Fourth Quarter of 2024 BOSTON, Dec. 13, 2024 (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 fourth quarter of 2024. The dividend, which equates to an annualized rate of $0.96 per common share, is payable on January 31, 2025, to stockholders of record as of the close of business on December 31, 2024. globenewswire.com - 2 months ago
8. Profile Summary

Plymouth Industrial REIT, Inc. PLYM

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COUNTRY US
INDUSTRY REIT - Industrial
MARKET CAP $ 793 M
Dividend Yield 1.08%
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 Mr. Benjamin P. Coues Senior Vice President & Head of Acquisitions Mr. Lyndon J. Blakesley Senior Vice President & Chief Accounting Officer Ms. Anne Alger Hayward Esq. Senior Vice President, General Counsel & Secretary Mr. James M. Connolly Executive Vice President of Asset Management Mr. Jeffrey Earle Witherell Co-Founder, Chairman & Chief Executive Officer Mr. Scott L. Robinson Senior Vice President of Corporate Development Mr. Philip S. Cottone Independent Director Mr. Daniel Heffernan Senior Vice President of Asset Management