Plymouth Industrial REIT downgraded by Exane BNP Paribas with a new price target
$PLYM
Real Estate Investment Trusts
Real Estate
Exane BNP Paribas downgraded Plymouth Industrial REIT from Outperform to Neutral and set a new price target of $23.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/17/2025 | Buy → Hold | Truist | |
| 11/8/2024 | $23.00 | Outperform → Neutral | Exane BNP Paribas |
| 3/27/2024 | $22.00 | Equal Weight | Barclays |
| 1/22/2024 | $27.00 | Mkt Perform → Mkt Outperform | JMP Securities |
| 12/18/2023 | $23.00 → $25.00 | Neutral → Underweight | JP Morgan |
| 5/18/2023 | $25.00 | Neutral → Outperform | Exane BNP Paribas |
| 4/13/2023 | $23.00 | Neutral | JP Morgan |
| 5/18/2022 | Mkt Outperform → Mkt Perform | JMP Securities |
8-K - Plymouth Industrial REIT, Inc. (0001515816) (Filer)
10-Q - Plymouth Industrial REIT, Inc. (0001515816) (Filer)
8-K - Plymouth Industrial REIT, Inc. (0001515816) (Filer)
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. Jeff Witherell, Chief Executive Officer and Co-Founder of Plymouth, noted, "We had a strong finish to 2024 with cash rental rate increases of 17.4% for the year in our Consolidated Portfolio, the closing of the Sixth Street Joint Venture and the acquisition of the first phase of a new industrial portfolio in Cincinnati." Leasing ActivityLeases commencing during the f
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. About Plymouth 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
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. Third Quarter and Subsequent Highlights Reported results for the third quarter of 2024 reflect net loss attributable to common stockholders of $(0.35) per weighted average common share; Core Funds from Operations attributable to common stockholders and unit holders ("Core FFO") of $0.44 per weighted average common share and units; and Adjusted FFO ("AFFO") of $0.40 per weighted average common share and units.Same store NOI ("SS NOI") decreased 1.2% on a GAAP basis exclu
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. Jeff Witherell, Chief Executive Officer and Co-Founder of Plymouth, noted, "We had a strong finish to 2024 with cash rental rate increases of 17.4% for the year in our Consolidated Portfolio, the closing of the Sixth Street Joint Venture and the acquisition of the first phase of a new industrial portfolio in Cincinnati." Leasing ActivityLeases commencing during the f
BOSTON, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE:PLYM) (the "Company") today announced it has acquired a portfolio of primarily small bay industrial properties in Cincinnati, Ohio for $20.1 million, which equates to an anticipated initial NOI yield of 6.8%. The portfolio consists of nine buildings totaling 258,082 square feet that are currently 96.9% leased to 23 tenants with a weighted average lease term of approximately 2.75 years. The Company has a second tranche of this portfolio that is under contract for $17.9 million, which equates to an anticipated initial yield of 7.3%, and is expected to close in the first quarter of 2025, contingent on the satisfac
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. About Plymouth 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
4 - Plymouth Industrial REIT, Inc. (0001515816) (Issuer)
4 - Plymouth Industrial REIT, Inc. (0001515816) (Issuer)
4 - Plymouth Industrial REIT, Inc. (0001515816) (Issuer)
SC 13G - Plymouth Industrial REIT, Inc. (0001515816) (Subject)
SC 13G/A - Plymouth Industrial REIT, Inc. (0001515816) (Subject)
SC 13G/A - Plymouth Industrial REIT, Inc. (0001515816) (Subject)
4 - Plymouth Industrial REIT, Inc. (0001515816) (Issuer)
4 - Plymouth Industrial REIT, Inc. (0001515816) (Issuer)
4 - Plymouth Industrial REIT, Inc. (0001515816) (Issuer)
BOSTON--(BUSINESS WIRE)--Plymouth Industrial REIT, Inc. (NYSE: PLYM) announced it has appointed John W. Guinee III to the Board of Directors. Mr. Guinee will serve as an independent director and will be a member of the Company’s Audit Committee. Mr. Guinee was most recently Managing Director at Stifel, where he covered over 40 REITs in the office, industrial, multifamily and diversified property sectors. During his 15-year career as a sell-side analyst, he led the creation of new valuation methods for REITs, including estimating premiums and discounts to replacement cost and estimating the value creation of REITs over time. Prior to that time, he was Executive Vice President and Ch
BOSTON--(BUSINESS WIRE)--Plymouth Industrial REIT, Inc. (NYSE: PLYM) today announced that the Company’s board of directors declared a regular quarterly cash dividend of $0.46875 per share, or an annualized dividend of $1.875 per share, for the Company’s 7.50% Series A Cumulative Redeemable Preferred Stock (PLYM-PrA) for the fourth quarter of 2020. The dividend is payable on December 31, 2020, to stockholders of record on December 15, 2020. About Plymouth 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 prim
Truist downgraded Plymouth Industrial REIT from Buy to Hold
Exane BNP Paribas downgraded Plymouth Industrial REIT from Outperform to Neutral and set a new price target of $23.00
Barclays initiated coverage of Plymouth Industrial REIT with a rating of Equal Weight and set a new price target of $22.00