| Plymouth Industrial: Questioning The Growth Strategy |
Plymouth Industrial REIT focuses on the Golden Triangle, owning nearly 200 buildings with high occupancy but relies heavily on shareholder dilution for growth. The complex deal with Sixth Street, involving a $250 million investment and preferred equity issuance, complicates financials and raises concerns about capital allocation strategies. Despite appealing valuation metrics, including a low FFO multiple and high dividend yield, I remain cautious due to dated properties and expensive overhead. |
seekingalpha.com |
2025-05-12 12:31:20 |
Czytaj oryginał (ang.) |
| Plymouth Industrial (PLYM) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates |
Although the revenue and EPS for Plymouth Industrial (PLYM) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. |
zacks.com |
2025-05-02 00:35:41 |
Czytaj oryginał (ang.) |
| Plymouth Industrial (PLYM) Q1 FFO and Revenues Miss Estimates |
Plymouth Industrial (PLYM) came out with quarterly funds from operations (FFO) of $0.44 per share, missing the Zacks Consensus Estimate of $0.45 per share. This compares to FFO of $0.45 per share a year ago. |
zacks.com |
2025-05-01 23:10:41 |
Czytaj oryginał (ang.) |
| Plymouth Industrial REIT Reports First Quarter Results |
BOSTON, May 01, 2025 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (–“Plymouth” or the “Company”) today announced its financial results for the first quarter ended March 31, 2025 and other recent developments. |
globenewswire.com |
2025-05-01 20:15:00 |
Czytaj oryginał (ang.) |
| Short Interest Down For U.S. REITs In March, Up For Advertising REITs |
Average short interest in US equity real estate investment trusts decreased moderately in March. US REITs' short interest fell 3 basis points month over month to 3.7% of shares outstanding on average in March. The shopping center segment logged the biggest decline in March compared to the previous month, down 1.2 percentage points to 3.3% of shares outstanding on average. |
seekingalpha.com |
2025-04-18 19:02:00 |
Czytaj oryginał (ang.) |
| Markets Gone Wild |
US equity markets fluctuated wildly in a tumultuous week - ultimately ending with the best weekly gains since November 2023 - after the White House announced a delay on the most "reciprocal" tariffs. Following several days of extreme volatility in which tremors of instability were felt across global markets, investors exhaled as the Administration's tariff messaging pivoted from "retribution" and "score-settling" to dealmaking. Government bond markets were in focus throughout the week as the 10-Year Treasury experienced significant and still-unexplained weakness, failing to act as typical "safe havens" during the market plunge. |
seekingalpha.com |
2025-04-13 13:00:00 |
Czytaj oryginał (ang.) |
| Plymouth Industrial Boosts Growth With Healthy Leasing Activity in Q1 |
PLYM drives growth with healthy leasing activity and strategic acquisitions. |
zacks.com |
2025-04-08 15:20:36 |
Czytaj oryginał (ang.) |
| 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 |
2025-04-07 11:00:00 |
Czytaj oryginał (ang.) |
| 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 |
2025-04-03 11:30:00 |
Czytaj oryginał (ang.) |
| 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 |
2025-03-21 15:25:23 |
Czytaj oryginał (ang.) |
| 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 |
2025-03-20 09:00:00 |
Czytaj oryginał (ang.) |
| 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 |
2025-03-14 09:00:00 |
Czytaj oryginał (ang.) |
| 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 |
2025-03-13 18:15:00 |
Czytaj oryginał (ang.) |
| 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 |
2025-03-02 15:25:16 |
Czytaj oryginał (ang.) |
| 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 |
2025-02-27 20:00:30 |
Czytaj oryginał (ang.) |
| 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 |
2025-02-27 13:48:56 |
Czytaj oryginał (ang.) |
| 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 |
2025-02-26 23:30:33 |
Czytaj oryginał (ang.) |
| 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 |
2025-02-26 21:50:19 |
Czytaj oryginał (ang.) |
| 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 |
2025-02-26 19:30:00 |
Czytaj oryginał (ang.) |
| 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 |
2025-02-19 09:00:00 |
Czytaj oryginał (ang.) |
| 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 |
2025-02-05 09:00:00 |
Czytaj oryginał (ang.) |
| 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 |
2025-01-24 11:36:13 |
Czytaj oryginał (ang.) |
| 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 |
2025-01-23 18:15:00 |
Czytaj oryginał (ang.) |
| 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 |
2025-01-22 08:00:00 |
Czytaj oryginał (ang.) |
| 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 |
2025-01-21 19:00:00 |
Czytaj oryginał (ang.) |
| Plymouth Industrial Shows Resilient Growth & Strategic Focus in Q4 |
PLYM ends 2024 strong with rent growth and strategic acquisitions. |
zacks.com |
2025-01-13 12:11:13 |
Czytaj oryginał (ang.) |
| 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 |
2025-01-10 09:00:00 |
Czytaj oryginał (ang.) |
| 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 |
2024-12-27 16:05:21 |
Czytaj oryginał (ang.) |
| Plymouth Buys Portfolio for $20.1M, Boosts Cincinnati Presence |
PLYM purchases the small bay industrial properties in Cincinnati well below replacement cost. |
zacks.com |
2024-12-23 14:46:08 |
Czytaj oryginał (ang.) |
| 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 |
2024-12-20 09:00:00 |
Czytaj oryginał (ang.) |
| 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 |
2024-12-13 09:00:00 |
Czytaj oryginał (ang.) |
| Sector Spotlight: Industrial REITs - Still A Real Estate Darling? |
The industrial REIT sector has seen significant price corrections due to changing macroeconomic factors, making current pricing more investible. Investor enthusiasm has waned, reflected in falling AFFO multiples from 35.5x in 2021 to 20.5x recently. Despite strong demand, new supply has suppressed rent growth and occupancy, leading to tepid SSNOI growth. |
seekingalpha.com |
2024-12-07 10:44:44 |
Czytaj oryginał (ang.) |
| Undercovered Dozen: Canadian Solar, Plymouth Industrial, GameStop, Samsara + |
The 'Undercovered' Dozen highlights 12 lesser-covered stocks, showcasing diverse investment opportunities and sparking community discussion on their potential. Canadian Solar's shift to owning power plants is seen as ensuring consistent profits from electricity sales, mitigating manufacturing volatility and boosting future profitability. Plymouth Industrial REIT faces challenges with earnings misses and competitive disadvantages, making it less attractive compared to other industrial and retail REITs according to David Johnson. |
seekingalpha.com |
2024-11-22 15:10:55 |
Czytaj oryginał (ang.) |
| Plymouth Industrial: Too Risky To Own |
Despite some positive deals, Plymouth's high volatility, tenant issues, and underperformance compared to peers make it less attractive for income-seeking investors. Plymouth's smaller size makes it vulnerable to short-term shocks and outbidding by larger competitors, impacting its stability and growth potential. I rate PLYM stock as a Sell due to a Q3 earnings miss, size disadvantages, and better alternatives in the industrial REIT space. |
seekingalpha.com |
2024-11-17 03:14:17 |
Czytaj oryginał (ang.) |
| 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 |
2024-11-14 22:40:00 |
Czytaj oryginał (ang.) |
| 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 |
2024-11-14 10:25:00 |
Czytaj oryginał (ang.) |
| 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 |
2024-11-07 16:37:45 |
Czytaj oryginał (ang.) |
| 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 |
2024-11-06 22:11:07 |
Czytaj oryginał (ang.) |
| 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 |
2024-11-06 18:16:00 |
Czytaj oryginał (ang.) |
| 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 |
2024-11-06 18:15:00 |
Czytaj oryginał (ang.) |
| 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 |
2024-10-29 12:00:00 |
Czytaj oryginał (ang.) |
| 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 |
2024-10-28 14:41:20 |
Czytaj oryginał (ang.) |
| 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 |
2024-10-17 23:28:17 |
Czytaj oryginał (ang.) |
| 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 |
2024-10-13 13:00:00 |
Czytaj oryginał (ang.) |
| 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 |
2024-10-08 16:48:55 |
Czytaj oryginał (ang.) |
| 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 |
2024-10-04 16:51:17 |
Czytaj oryginał (ang.) |
| 3 REITs With A Margin Of Safety |
The margin of safety, introduced by Benjamin Graham, emphasizes diversification to protect against volatility and human errors, enhancing the probability of profitable outcomes. Healthpeak Properties, Plymouth Industrial REIT, and Realty Income are highlighted as REITs with a significant margin of safety, each rated as a Buy. Healthpeak Properties benefits from a merger, strong earnings, and a diversified healthcare portfolio, trading at a discount with a 5.45% dividend yield. |
seekingalpha.com |
2024-09-25 11:00:00 |
Czytaj oryginał (ang.) |