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

Plymouth Industrial REIT, Inc. (NYSE:PLYM ) Q1 2022 Earnings Conference Call May 4, 2022 9:00 AM ET Company Participants Tripp Sullivan - Investor Relations Jeff Witherell - Chairman & Chief Executive Officer Pen White - President & Chief Investment Officer Jim Connolly - Executive Vice President, Asset Management Anthony Saladino - Executive Vice President & Chief Financial Officer Anne Hayward - General Counsel Conference Call Participants John Kim - BMO Capital Markets Todd Thomas - KeyBanc Capital Markets Connor Siversky - Berenberg Dave Rodgers - Baird Barry Oxford - Colliers Bryan Maher - B. Riley Anthony Hau - Truist Operator Good day, and welcome to the Plymouth Industrial REIT First Quarter 2022 Conference Call.

Plymouth Industrial REIT, Inc. (PLYM) CEO Jeff Witherell on Q1 2022 Results - Earnings Call Transcript

Plymouth Industrial (PLYM) delivered FFO and revenue surprises of 9.30% and 3.90%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Plymouth Industrial (PLYM) Q1 FFO and Revenues Beat Estimates

The company is competitively priced in relation to its peers. They have exposure in markets with strong industrial property fundamentals.

Plymouth Industrial REIT: A Small REIT Worth Your Attention

Plymouth Industrial REIT is focused on secondary markets, which tend to be more fragmented and less competitive, resulting in higher cap rates. It's well-positioned for an inflationary and rising rate environment, as evidenced by its robust growth in rental rates on new leases.

Plymouth Industrial: Have Your Cake And Eat It Too

Prologis

W. P. Carey

Real estate investment trusts (REITs) finished 2021 as the top-performing sector generating a total return (appreciation and dividends) of 46.2%.

Three ‘strong buy' REITs to consider putting in your basket for 2022

BOSTON--(BUSINESS WIRE)--Plymouth Industrial REIT Announces Leasing and Acquisition Activity for First Quarter 2022

Plymouth Industrial REIT Announces Leasing and Acquisition Activity for First Quarter 2022

BOSTON--(BUSINESS WIRE)--Plymouth Industrial REIT Acquires Madison International Realty's Interest in Memphis Joint Venture for Total Consideration of $102.6 million

Plymouth Industrial REIT Acquires Madison International Realty's Interest in Memphis Joint Venture for Total Consideration of $102.6 million

Chemours

Americold Realty

Clearway Energy

Dow Inc

Devon Energy

Essential Properties Realty Trust Inc

Iron Mountain

Kronos Worldwide

Medical Properties Trust

NiSource

Pfizer

Postal Realty Trust

STAG Industrial

STORE Capital

AT&T

UMH Properties

Vistra Energy

Back in November-December 2021, Kiplinger and Barron's reporters combined to list ten sets of stocks sorted as best-bets for 2022. Those ten "Best-Bets" articles revealed 123 equities, with 88 paying dividends.

17 Fair Priced 2022 Best Bet Dividends Beckon In March

BOSTON--(BUSINESS WIRE)--Plymouth Industrial REIT Declares First Quarter 2022 Preferred Stock Dividend

Plymouth Industrial REIT Declares First Quarter 2022 Preferred Stock Dividend

Plymouth Industrial REIT's (PLYM) CEO Jeff Witherell on Q4 2021 Results - Earnings Call Transcript

Plymouth Industrial (PLYM) delivered FFO and revenue surprises of -2.13% and 6.60%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Plymouth Industrial (PLYM) Lags Q4 FFO Estimates

BOSTON--(BUSINESS WIRE)--Plymouth REIT Increases Quarterly Common Stock Dividend by 4.8% and Declares Dividend for the First Quarter of 2022

Plymouth REIT Increases Quarterly Common Stock Dividend by 4.8% and Declares Dividend for the First Quarter of 2022

Preferred Apartment Communities

Extra Space Storage

REITs Grew Over 40% in 2021. Will That Trend Continue?

Is this up-and-coming industrial REIT a buy during the market dip?

Should You Invest in Plymouth Industrial REIT Right Now?

Plymouth's fundamentals continue to improve.

Plymouth Industrial Got Opportunistically Cheap In 2022

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

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

BOSTON--(BUSINESS WIRE)--Plymouth Industrial REIT Announces Tax Treatment of 2021 Dividends

Plymouth Industrial REIT Announces Tax Treatment of 2021 Dividends

CareTrust REIT

Digital Realty Trust

Pacer Benchmark Industrial Real Estate SCTR ETF

These seven REITs offer investors an opportunity to navigate the choppy waters of inflation. They deserve attention from long-term investors.

7 REITs to Buy for January 2022

Solid demand for Plymouth Industrial REIT's (PLYM) properties boosts occupancy in its portfolio. The company also collects more than 99.7% of its contractual rents for the fourth quarter.

Plymouth (PLYM) Sees Solid Leasing Activity, High Occupancy

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

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

Mid-America Apartment Communities

Switch

These real estate stocks should see big gains in 2022.

These 3 REITs Are Poised for Major Growth in 2022

American Homes 4 Rent

Alexandria Real Estate Equities

Crown Castle International

Community Healthcare Trust

CubeSmart

EastGroup Properties

Equinix

Global Medical REIT

Hannon Armstrong Sustainable Infrastructure Capital

Innovative Industrial Properties

Invitation Homes

Independence Realty Trust

Gladstone Land

Life Storage

Rexford Industrial Realty

Sun Communities

Terreno Realty

A FROG is a REIT that shows a Fast Rate of Growth, and is likely to outperform the market in total return in the coming year. This article discusses how to identify a FROG, and lists all the FROGs as we head into 2022.

16 REITs Likely To Outperform In 2022

American Tower

Resilient real estate stocks are an apt choice amid uncertainty heading into 2022. These are 12 of the best REITs to consider in the new year.

The 12 Best REITs to Buy for 2022

BOSTON--(BUSINESS WIRE)--Plymouth Industrial REIT Declares Dividend for the Fourth Quarter of 2021

Plymouth Industrial REIT Declares Dividend for the Fourth Quarter of 2021

iStar Inc

These lesser-known REITs can be a great addition to your portfolio in 2022.

The Top 3 Under-the-Radar REITs To Buy in 2022

News for Plymouth Industrial REIT Stock (PLYM)