Plymouth Industrial REIT

Plymouth Industrial REIT, Inc. engages in the acquisition, ownership, and management of single and multi-tenant distribution centers, warehouses, and light industrial properties. It seeks to acquire properties that provide income and growth, and enhance shareholder value through active asset management, prudent property re-positioning, and disciplined capital deployment. The company was founded by Jeffrey E. Witherell and Pendleton P. White, Jr. on March 7, 2011 and is headquartered in Boston, MA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Plymouth Industrial REIT reports robust Q4 performance amidst market challenges

Plymouth Industrial REIT's Q4 2022 performance reflects strong leasing activity, financial growth, and strategic initiatives to optimize its real estate portfolio.
While facing challenges like OpEx increases and market uncertainties, the company remains focused on capitalizing on opportunities in reshoring, development projects, and strategic partnerships.
With a cautious yet optimistic outlook for 2023, Plymouth Industrial REIT aims to leverage its strengths in portfolio management and deal-making to drive continued success.

Plymouth Industrial REIT (PLYM) excels in Q1 2023 performance and strategic growth initiatives

PLYM's Q1 2023 performance reflects robust growth in same-store NOI, successful leasing initiatives, and strategic development progress in key markets.
The company's focus on improving capital structure, effective leasing management, and proactive approach to real estate development highlight its resilience and growth potential.
While challenges in maintaining leasing activity and optimizing financial strategies exist, PLYM is well-positioned to capitalize on opportunities in the industrial real estate sector.

Plymouth Industrial REIT reports robust Q2 performance and ESG commitment

Plymouth Industrial REIT's Q2 2023 performance reflects positive organic growth and strong leasing fundamentals. With a focus on improving capital structure, publishing its first ESG report, and affirming core FFO guidance, the company is poised for continued growth and sustainability.

Plymouth Industrial REIT reports robust Q3 performance and growth prospects

Plymouth Industrial REIT demonstrated strong financial performance with revenue growth and stable core FFO.
The company's proactive approach to capital structure, portfolio management, and tenant relationships underpin its financial stability.
While challenges exist in optimizing property transactions and debt reduction, opportunities for growth through acquisitions and revenue expansion are evident.

Plymouth Industrial REIT reports robust Q4 performance and plans for growth

Plymouth Industrial REIT's Q4 2023 showcased strong financial performance and strategic decisions to drive future growth. With a focus on operational improvements and leasing activities, the company aims for a positive trajectory in 2024. Management's emphasis on balance sheet strength and dividend increase reflects confidence in their strategic direction.

Plymouth Industrial REIT excels in Q1 2024 with strategic investments and lease extensions

Plymouth Industrial REIT's Q1 2024 performance reflects a proactive and strategic approach to portfolio management and growth.
Successful lease extensions with key tenants and early transaction market activity underscore the company's stability and agility in a competitive market.
Challenges such as potential tenant transitions and upcoming lease expirations require effective management strategies and proactive solutions for sustained growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

BOSTON--(BUSINESS WIRE)--Plymouth Industrial REIT Declares Second Quarter 2021 Preferred Stock Dividend

Plymouth Industrial REIT Declares Second Quarter 2021 Preferred Stock Dividend

Plymouth has proven itself to be a real growth machine in recent years. The company is not trading too high, and may, in fact, offer nice upside potential if growth persists.

Plymouth Industrial REIT: A Solid Prospect For Growth-Oriented Investors

Plymouth Industrial REIT, Inc. (PLYM) CEO Jeff Witherell on Q1 2021 Results - Earnings Call Transcript

Plymouth Industrial (PLYM) delivered FFO and revenue surprises of 2.56% and 4.84%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Plymouth Industrial (PLYM) Surpasses Q1 FFO and Revenue Estimates

BOSTON--(BUSINESS WIRE)--Plymouth Industrial REIT Increases Quarterly Common Stock Dividend by 5% and Declares Dividend for the Second Quarter of 2021

Plymouth Industrial REIT Increases Quarterly Common Stock Dividend by 5% and Declares Dividend for the Second Quarter of 2021

BOSTON--(BUSINESS WIRE)--Plymouth Industrial REIT Adds Caitlin Murphy to Board of Directors

Plymouth Industrial REIT Adds Caitlin Murphy to Board of Directors

BOSTON--(BUSINESS WIRE)--Plymouth Industrial REIT Schedules First Quarter 2021 Earnings Release and Conference Call Dates

Plymouth Industrial REIT Schedules First Quarter 2021 Earnings Release and Conference Call Dates

BOSTON--(BUSINESS WIRE)--Plymouth Industrial REIT Announces Leasing and Acquisition Activity for First Quarter 2021

Plymouth Industrial REIT Announces Leasing and Acquisition Activity for First Quarter 2021

Lexington Realty

STAG Industrial

Portfolio Income Solutions is built to help members achieve a higher return. It uses a combination of capital gains and growing dividend income.

Launching Portfolio Income Solutions: Achieve A Higher Return

BOSTON--(BUSINESS WIRE)--Plymouth Industrial REIT Declares First Quarter 2021 Common Stock Dividend

Plymouth Industrial REIT Declares First Quarter 2021 Common Stock Dividend

BOSTON--(BUSINESS WIRE)--Plymouth Industrial REIT Announces Two Promotions

Plymouth Industrial REIT Announces Two Promotions

City Office REIT

SL Green Realty

I can't say the REITs in this article are danger free. There are reasons why they're so inexpensive. It's just I don't think those reasons warrant the very low valuations.

A Few Wicked-Cheap REITs

BOSTON--(BUSINESS WIRE)--Plymouth Industrial REIT Declares First Quarter 2021 Preferred Stock Dividend

Plymouth Industrial REIT Declares First Quarter 2021 Preferred Stock Dividend

5.4%-Yielding Plymouth Industrial REIT's Discount Is Undeserved

Plymouth Industrial REIT, Inc.'s (PLYM) CEO Jeff Witherell on Q4 2020 Results - Earnings Call Transcript

Plymouth Industrial (PLYM) delivered FFO and revenue surprises of 5.00% and 5.89%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Plymouth Industrial (PLYM) Tops Q4 FFO and Revenue Estimates

BOSTON--(BUSINESS WIRE)--PLYMOUTH INDUSTRIAL REIT REPORTS FOURTH QUARTER 2020 RESULTS

Plymouth Industrial REIT Reports Fourth Quarter 2020 Results

BOSTON--(BUSINESS WIRE)--Plymouth Industrial REIT Schedules Fourth Quarter 2020 Earnings Release and Conference Call Dates

Plymouth Industrial REIT Schedules Fourth Quarter 2020 Earnings Release and Conference Call Dates

BOSTON--(BUSINESS WIRE)---- $PLYM--Plymouth Industrial REIT Adds REIT Veteran John Guinee to Board of Directors

Plymouth Industrial REIT Adds REIT Veteran John Guinee to Board of Directors

BOSTON--(BUSINESS WIRE)--Plymouth Industrial REIT and Madison International Realty Joint Venture Closes on Industrial Portfolio in Metropolitan Memphis for $86 Million

Plymouth Industrial REIT and Madison International Realty Joint Venture Closes on Industrial Portfolio in Metropolitan Memphis for $86 Million

BOSTON--(BUSINESS WIRE)--Plymouth Industrial REIT Declares Fourth Quarter 2020 Common Stock Dividend

Plymouth Industrial REIT Declares Fourth Quarter 2020 Common Stock Dividend

Travelers (TRV) intends to buy out InsuraMatch LLC to boost its Personal Insurance business.

Travelers (TRV) to Acquire Plymouth Rock's InsuraMatch

Prologis

XPO Logistics

Real Estate Roundup is a regular rundown of developments in the world of industrial real estate used for logistics and transportation. This week: Black Creek Group, Dream Industrial and Plymouth Industrial ramp up activity.

Industrial Real Estate Roundup: Investors capitalize on COVID effects

With the greater Cleveland region witnessing positive net absorption and low vacancy, the latest expansion offers scope to Plymouths (PLYM) to bank upon.

Plymouth (PLYM) Expands Scale in Ohio With Portfolio Buyout

BOSTON--(BUSINESS WIRE)--Plymouth Industrial REIT Declares Fourth Quarter 2020 Preferred Stock Dividend

News for Plymouth Industrial REIT Stock (PLYM)