Date | Price Target | Rating | Analyst |
---|---|---|---|
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 | |
3/2/2022 | $32.00 | Buy | B. Riley Securities |
2/7/2022 | $30.00 | Market Perform | BMO Capital |
JP Morgan analyst Michael Mueller maintains Plymouth Industrial REIT (NYSE:PLYM) with a Underweight and lowers the price target from $24 to $23.
Plymouth Industrial REIT (NYSE:PLYM) reported quarterly earnings of $0.45 per share which missed the analyst consensus estimate of $0.47 by 4.26 percent. The company reported quarterly sales of $50.190 million which missed the analyst consensus estimate of $51.031 million by 1.65 percent. This is a 1.66 percent increase over sales of $49.371 million the same period last year.
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)
8-K - Plymouth Industrial REIT, Inc. (0001515816) (Filer)
SCHEDULE 13G/A - Plymouth Industrial REIT, Inc. (0001515816) (Subject)
SCHEDULE 13G/A - Plymouth Industrial REIT, Inc. (0001515816) (Subject)
BOSTON, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE:PLYM) provided an activity update for the third quarter of 2024. The Company also announced details for its third quarter earnings conference call and webcast to be held on November 7, 2024. Jeff Witherell, Chief Executive Officer and Co-Founder of Plymouth, noted, "We have addressed 74% of our 2024 lease expirations and 39% of our 2025 lease expirations, while bringing the development program to 100% leased. We are seeing encouraging activity on our top leasing opportunities in our largest markets and expect to report additional progress during the balance of the year." Leasing ActivityLeases commencing durin
BOSTON, Sept. 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 third quarter of 2024. The dividend, which equates to an annualized rate of $0.96 per common share, is payable on October 31, 2024, to stockholders of record as of the close of business on September 30, 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
Highlights: The transaction provides Plymouth with approximately $500 million of capital to pursue acquisitionsSixth Street intends to be a strategic partner in pursuing additional joint venture opportunities with Plymouth in both new and existing industrial marketsSixth Street to provide a total of $250 million of capital in the form of a 65% joint venture ownership of Plymouth's Chicago portfolio and a non-convertible preferred equity investment into the Operating PartnershipPlymouth will contribute its Chicago-area properties to the joint venture with Sixth Street at a 6.2% capitalization rate for a total gross asset value of approximately $356 million and will retain 35% ownership of th
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
Barclays initiated coverage of Plymouth Industrial REIT with a rating of Equal Weight and set a new price target of $22.00
JMP Securities upgraded Plymouth Industrial REIT from Mkt Perform to Mkt Outperform and set a new price target of $27.00
JP Morgan downgraded Plymouth Industrial REIT from Neutral to Underweight and set a new price target of $25.00 from $23.00 previously
4 - Plymouth Industrial REIT, Inc. (0001515816) (Issuer)
4 - Plymouth Industrial REIT, Inc. (0001515816) (Issuer)
4 - Plymouth Industrial REIT, Inc. (0001515816) (Issuer)
BOSTON, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE:PLYM) provided an activity update for the third quarter of 2024. The Company also announced details for its third quarter earnings conference call and webcast to be held on November 7, 2024. Jeff Witherell, Chief Executive Officer and Co-Founder of Plymouth, noted, "We have addressed 74% of our 2024 lease expirations and 39% of our 2025 lease expirations, while bringing the development program to 100% leased. We are seeing encouraging activity on our top leasing opportunities in our largest markets and expect to report additional progress during the balance of the year." Leasing ActivityLeases commencing durin
BOSTON, Sept. 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 third quarter of 2024. The dividend, which equates to an annualized rate of $0.96 per common share, is payable on October 31, 2024, to stockholders of record as of the close of business on September 30, 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
Highlights: The transaction provides Plymouth with approximately $500 million of capital to pursue acquisitionsSixth Street intends to be a strategic partner in pursuing additional joint venture opportunities with Plymouth in both new and existing industrial marketsSixth Street to provide a total of $250 million of capital in the form of a 65% joint venture ownership of Plymouth's Chicago portfolio and a non-convertible preferred equity investment into the Operating PartnershipPlymouth will contribute its Chicago-area properties to the joint venture with Sixth Street at a 6.2% capitalization rate for a total gross asset value of approximately $356 million and will retain 35% ownership of th