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Real Estate - REIT - Industrial - NYSE - US
$ 13.96
-5.23 %
$ 636 M
Market Cap
4.56
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one PLYM stock under the worst case scenario is HIDDEN Compared to the current market price of 14 USD, Plymouth Industrial REIT, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one PLYM stock under the base case scenario is HIDDEN Compared to the current market price of 14 USD, Plymouth Industrial REIT, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one PLYM stock under the best case scenario is HIDDEN Compared to the current market price of 14 USD, Plymouth Industrial REIT, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart PLYM

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$22.0$22.0$21.0$21.0$20.0$20.0$19.0$19.0$18.0$18.0$17.0$17.0$16.0$16.0$15.0$15.0$14.0$14.0$13.0$13.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
198 M REVENUE
-0.75%
36.1 M OPERATING INCOME
22.48%
142 M NET INCOME
931.12%
96.1 M OPERATING CASH FLOW
17.34%
87.5 M INVESTING CASH FLOW
110812.66%
-166 M FINANCING CASH FLOW
-91.37%
47.6 M REVENUE
-8.29%
0 OPERATING INCOME
0.00%
150 M NET INCOME
1078.16%
42 M OPERATING CASH FLOW
139.21%
176 M INVESTING CASH FLOW
301.01%
-208 M FINANCING CASH FLOW
-308.73%
Balance Sheet Plymouth Industrial REIT, Inc.
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Current Assets 43.6 M
Cash & Short-Term Investments 17.5 M
Receivables 0
Other Current Assets 26.1 M
Non-Current Assets 1.32 B
Long-Term Investments 62.4 M
PP&E 0
Other Non-Current Assets 1.26 B
4.56 %92.25 %Total Assets$1.4b
Current Liabilities 104 M
Accounts Payable 83.8 M
Short-Term Debt 20 M
Other Current Liabilities 0
Non-Current Liabilities 677 M
Long-Term Debt 626 M
Other Non-Current Liabilities 51.5 M
10.73 %80.13 %6.59 %Total Liabilities$781.3m
EFFICIENCY
Earnings Waterfall Plymouth Industrial REIT, Inc.
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Revenue 198 M
Cost Of Revenue 61.7 M
Gross Profit 137 M
Operating Expenses 137 M
Operating Income 36.1 M
Other Expenses -106 M
Net Income 142 M
200m200m180m180m160m160m140m140m120m120m100m100m80m80m60m60m40m40m20m20m00198m(62m)137m(137m)36m106m142mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
68.89% GROSS MARGIN
68.89%
18.22% OPERATING MARGIN
18.22%
70.25% NET MARGIN
70.25%
24.04% ROE
24.04%
10.18% ROA
10.18%
2.77% ROIC
2.77%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Plymouth Industrial REIT, Inc.
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100m100m50m50m00(50m)(50m)(100m)(100m)(150m)(150m)(200m)(200m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 142 M
Depreciation & Amortization 84.5 M
Capital Expenditures 0
Stock-Based Compensation 4.2 M
Change in Working Capital 8.43 M
Others -151 M
Free Cash Flow 96.1 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 $23 , with forecasts ranging from a low of $17 to a high of $27 .
PLYM Lowest Price Target Wall Street Target
17 USD 21.78%
PLYM Average Price Target Wall Street Target
23 USD 64.76%
PLYM Highest Price Target Wall Street Target
27 USD 93.41%
Price
Max Price Target
Min Price Target
Average Price Target
282826262424222220201818161614141212May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
1.75% DIVIDEND YIELD
0.24 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
1.6001.6001.4001.4001.2001.2001.0001.0000.8000.8000.6000.6000.4000.4000.2000.2000.0000.0000.3750.3750.3750.20.220.2250.240.240.3750.3750.20.210.220.2250.240.0650.3750.3750.3750.20.210.220.2250.240.3751.190.3751.500.3751.330.20.990.210.850.220.880.2250.920.240.710.24201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 7
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
89.2 K USD 1
0-3 MONTHS
129 K USD 2
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
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. globenewswire.com - 3 days 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. seekingalpha.com - 1 week 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. zacks.com - 2 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 globenewswire.com - 3 weeks 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. globenewswire.com - 3 weeks 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. globenewswire.com - 4 weeks 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. seekingalpha.com - 1 month ago
5 REITs Ripe For Buyout M&A is beneficial for target shareholders, offering premiums of 10%-50%, and identifying potential buyout targets involves analyzing specific features like discount to NAV and valuation disparity. REITs trading below NAV, especially in hot asset classes, are prime M&A candidates. Willingness to sell, management incentives, and operational synergies are crucial factors in determining a company's likelihood of being acquired. seekingalpha.com - 1 month ago
Plymouth Industrial REIT, Inc. (PLYM) Q4 2024 Earnings Conference Call Transcript Plymouth Industrial REIT, Inc. (NYSE:PLYM ) Q4 2024 Earnings Conference Call February 27, 2025 9:00 AM ET Company Participants John Wilfong - IR Jeff Witherell - Chairman & CEO Anthony Saladino - EVP & CFO Conference Call Participants Eric Borden - BMO Capital Markets Todd Thomas - KeyBanc Capital Markets Rich Anderson - Wedbush Nick Thielman - Baird Mitch Germain - Citizens JMP Brendan Lynch - Barclays Michael Mueller - JPMorgan Operator Good morning and welcome to the Plymouth Industrial REIT Conference Call to review the Company's Results for the Fourth Quarter of 2024. All participants will be in listen-only mode. seekingalpha.com - 1 month ago
Plymouth Industrial (PLYM) Reports Q4 Earnings: What Key Metrics Have to Say The headline numbers for Plymouth Industrial (PLYM) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 1 month ago
Plymouth Industrial (PLYM) Matches Q4 FFO Estimates Plymouth Industrial (PLYM) came out with quarterly funds from operations (FFO) of $0.46 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.47 per share a year ago. zacks.com - 1 month ago
Plymouth Industrial REIT Reports Fourth Quarter Results BOSTON, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (–“Plymouth” or the “Company”) today announced its financial results for the fourth quarter, fiscal year ended December 31, 2024 and other recent developments. Fourth Quarter, Full Year 2024 and Subsequent Highlights Reported results for the fourth quarter of 2024 reflect net income attributable to common stockholders of $3.25 per weighted average common share; Core Funds from Operations attributable to common stockholders and unit holders (“Core FFO”) of $0.46 per weighted average common share and units; and Adjusted FFO (“AFFO”) of $0.40 per weighted average common share and units. globenewswire.com - 1 month ago
8. Profile Summary

Plymouth Industrial REIT, Inc. PLYM

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COUNTRY US
INDUSTRY REIT - Industrial
MARKET CAP $ 636 M
Dividend Yield 1.75%
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 46
Officers Mr. Lyndon J. Blakesley Senior Vice President & Chief Accounting Officer Mr. Scott L. Robinson Senior Vice President of Corporate Development Mr. Anthony J. Saladino CPA President & Chief Financial Officer Mr. James M. Connolly Executive Vice President of Asset Management Mr. Benjamin P. Coues Senior Vice President & Head of Acquisitions Mr. Daniel Heffernan Senior Vice President of Asset Management Mr. Jeffrey Earle Witherell Co-Founder, Chairman & Chief Executive Officer Ms. Anne Alger Hayward Esq. Senior Vice President, General Counsel & Secretary