Plymouth Industrial REIT (PLYM) Stock Forecast, Price Target & Predictions
PLYM Stock Forecast
Plymouth Industrial REIT stock forecast is as follows: an average price target of $25.80 (represents a 27.79% upside from PLYM’s last price of $20.19) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
PLYM Price Target
PLYM Analyst Ratings
Plymouth Industrial REIT Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Sep 20, 2024 | David Rodgers | Robert W. Baird | $26.00 | $23.27 | 11.73% | 28.78% |
Sep 03, 2024 | Michael Mueller | Industrial Alliance Securities | $24.00 | $23.72 | 1.18% | 18.87% |
Aug 28, 2024 | John Kim | Industrial Alliance Securities | $25.00 | $23.98 | 4.23% | 23.82% |
Aug 28, 2024 | Anthony Hau | Truist Financial | $27.00 | $23.98 | 12.57% | 33.73% |
Aug 13, 2024 | Anthony Hau | Truist Financial | $26.00 | $23.18 | 12.17% | 28.78% |
May 07, 2024 | David Rodgers | Robert W. Baird | $24.00 | $20.48 | 17.19% | 18.87% |
Apr 02, 2024 | Craig Mailman | KeyBanc | $25.00 | $21.37 | 16.99% | 23.82% |
Jan 22, 2024 | Mitch Germain | JMP Securities | $27.00 | $23.04 | 17.19% | 33.73% |
Plymouth Industrial REIT Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 5 | 8 |
Avg Price Target | - | $25.60 | $25.50 |
Last Closing Price | $20.19 | $20.19 | $20.19 |
Upside/Downside | -100.00% | 26.80% | 26.30% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Sep 24, 2024 | KeyBanc | Overweight | Overweight | Hold |
Aug 28, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
Aug 14, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
Aug 05, 2024 | B. Riley | Buy | Buy | Hold |
Jul 12, 2024 | Wedbush | - | Neutral | Initialise |
Apr 02, 2024 | KeyBanc | Overweight | Overweight | Hold |
Jan 22, 2024 | JMP Securities | - | Outperform | Upgrade |
Apr 26, 2022 | Zacks Investment Research | - | Sell | Downgrade |
Plymouth Industrial REIT Financial Forecast
Plymouth Industrial REIT Revenue Forecast
Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $50.78M | $49.77M | $49.90M | $49.40M | $47.33M | $47.79M | $45.61M | $42.81M | $39.88M | $35.96M | $32.85M | $31.92M | $29.97M | $27.52M |
Avg Forecast | $40.56M | $40.34M | $40.13M | $39.92M | $48.89M | $48.36M | $47.84M | $47.31M | $53.02M | $52.27M | $51.61M | $51.29M | $50.97M | $50.02M | $51.06M | $51.01M | $50.91M | $50.48M | $49.65M | $47.87M | $48.78M | $46.52M | $44.87M | $41.08M | $38.39M | $34.31M | $32.77M | $30.50M | $27.26M | $25.57M |
High Forecast | $40.56M | $40.34M | $40.13M | $39.92M | $48.89M | $48.36M | $47.84M | $47.31M | $53.02M | $52.27M | $51.61M | $51.29M | $50.97M | $51.26M | $51.06M | $51.01M | $51.34M | $51.13M | $49.65M | $47.87M | $48.78M | $46.52M | $44.87M | $41.08M | $38.39M | $34.31M | $32.77M | $30.50M | $27.26M | $25.57M |
Low Forecast | $40.56M | $40.34M | $40.13M | $39.92M | $48.89M | $48.36M | $47.84M | $47.31M | $53.02M | $52.27M | $51.61M | $51.29M | $50.97M | $48.76M | $51.06M | $51.01M | $50.23M | $49.89M | $49.65M | $47.87M | $48.78M | $46.52M | $44.87M | $41.08M | $38.39M | $34.31M | $32.77M | $30.50M | $27.26M | $25.57M |
# Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 8 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 0.99% | 1.00% | 1.03% | 0.97% | 1.03% | 1.02% | 1.04% | 1.04% | 1.05% | 1.00% | 1.05% | 1.10% | 1.08% |
Plymouth Industrial REIT EBITDA Forecast
Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 8 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $29.14M | $22.88M | $23.42M | $30.00M | $28.93M | $29.22M | $27.67M | $25.03M | $19.57M | $18.71M | $16.86M | $16.80M | $15.81M | $14.16M |
Avg Forecast | $23.14M | $23.01M | $22.89M | $22.77M | $27.89M | $27.59M | $27.29M | $26.99M | $30.25M | $29.82M | $29.45M | $29.26M | $29.08M | $28.53M | $29.13M | $25.99M | $29.05M | $28.80M | $28.33M | $23.63M | $21.49M | $26.54M | $25.60M | $21.48M | $21.90M | $19.58M | $18.69M | $17.47M | $15.55M | $14.59M |
High Forecast | $23.14M | $23.01M | $22.89M | $22.77M | $27.89M | $27.59M | $27.29M | $26.99M | $30.25M | $29.82M | $29.45M | $29.26M | $29.08M | $29.24M | $29.13M | $31.19M | $29.29M | $29.17M | $28.33M | $28.35M | $25.79M | $26.54M | $25.60M | $25.77M | $21.90M | $19.58M | $18.69M | $20.96M | $15.55M | $14.59M |
Low Forecast | $23.14M | $23.01M | $22.89M | $22.77M | $27.89M | $27.59M | $27.29M | $26.99M | $30.25M | $29.82M | $29.45M | $29.26M | $29.08M | $27.82M | $29.13M | $20.79M | $28.66M | $28.46M | $28.33M | $18.90M | $17.19M | $26.54M | $25.60M | $17.18M | $21.90M | $19.58M | $18.69M | $13.97M | $15.55M | $14.59M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 0.79% | 0.83% | 1.27% | 1.35% | 1.10% | 1.08% | 1.17% | 0.89% | 0.96% | 0.90% | 0.96% | 1.02% | 0.97% |
Plymouth Industrial REIT Net Income Forecast
Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 8 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $9.28M | $7.50M | $-3.60M | $-17.18M | $-3.71M | $-4.57M | $-4.41M | $-4.41M | $-4.59M | $-3.59M | $-3.91M | $-2.92M | $-2.48M | $-3.63M |
Avg Forecast | - | - | - | - | - | - | - | - | $2.70M | $1.80M | $1.35M | $900.55K | $-154.17K | $1.30M | $-1.59M | $-4.95M | $-1.84M | $-3.26M | $-4.84M | $-4.50M | $-4.65M | $-7.20M | $-6.30M | $-4.09M | $-5.63M | $-7.20M | $-8.56M | $-3.04M | $-10.81M | $-15.31M |
High Forecast | - | - | - | - | - | - | - | - | $2.70M | $1.80M | $1.35M | $900.55K | $-154.17K | $1.41M | $-1.59M | $-3.96M | $-1.80M | $-2.33M | $-4.84M | $-3.60M | $-3.72M | $-7.20M | $-6.30M | $-3.28M | $-5.63M | $-7.20M | $-8.56M | $-2.43M | $-10.81M | $-15.31M |
Low Forecast | - | - | - | - | - | - | - | - | $2.70M | $1.80M | $1.35M | $900.55K | $-154.17K | $1.25M | $-1.59M | $-5.95M | $-1.84M | $-4.65M | $-4.84M | $-5.41M | $-5.59M | $-7.20M | $-6.30M | $-4.91M | $-5.63M | $-7.20M | $-8.56M | $-3.64M | $-10.81M | $-15.31M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -5.03% | -2.30% | 0.74% | 3.81% | 0.80% | 0.63% | 0.70% | 1.08% | 0.81% | 0.50% | 0.46% | 0.96% | 0.23% | 0.24% |
Plymouth Industrial REIT SG&A Forecast
Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 8 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.32M | $3.30M | $3.84M | $3.45M | $4.16M | $4.08M | $4.15M | $3.55M | $3.34M | $3.26M | $3.31M | $3.01M | $2.98M | $2.28M |
Avg Forecast | $3.63M | $3.61M | $3.59M | $3.57M | $4.37M | $4.32M | $4.28M | $4.23M | $4.74M | $4.67M | $4.61M | $4.59M | $4.56M | $4.47M | $4.56M | $3.99M | $4.55M | $4.51M | $4.44M | $3.63M | $3.39M | $4.16M | $4.01M | $3.30M | $3.43M | $3.07M | $2.93M | $3.13M | $2.44M | $2.29M |
High Forecast | $3.63M | $3.61M | $3.59M | $3.57M | $4.37M | $4.32M | $4.28M | $4.23M | $4.74M | $4.67M | $4.61M | $4.59M | $4.56M | $4.58M | $4.56M | $4.79M | $4.59M | $4.57M | $4.44M | $4.35M | $4.06M | $4.16M | $4.01M | $3.96M | $3.43M | $3.07M | $2.93M | $3.76M | $2.44M | $2.29M |
Low Forecast | $3.63M | $3.61M | $3.59M | $3.57M | $4.37M | $4.32M | $4.28M | $4.23M | $4.74M | $4.67M | $4.61M | $4.59M | $4.56M | $4.36M | $4.56M | $3.19M | $4.49M | $4.46M | $4.44M | $2.90M | $2.71M | $4.16M | $4.01M | $2.64M | $3.43M | $3.07M | $2.93M | $2.50M | $2.44M | $2.29M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 0.73% | 0.87% | 0.95% | 1.23% | 0.98% | 1.03% | 1.08% | 0.97% | 1.06% | 1.13% | 0.96% | 1.22% | 1.00% |
Plymouth Industrial REIT EPS Forecast
Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 8 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.17 | $-0.00 | $-0.40 | $-0.09 | $-0.11 | $-0.11 | $-0.12 | $-0.13 | $-0.11 | $-0.13 | $-0.11 | $-0.13 | $-0.19 |
Avg Forecast | - | - | - | - | - | - | - | - | $0.06 | $0.04 | $0.03 | $0.02 | $-0.00 | $0.03 | $-0.04 | $-0.04 | $-0.04 | $-0.07 | $-0.11 | $-0.11 | $-0.13 | $-0.16 | $-0.14 | $-0.19 | $-0.13 | $-0.16 | $-0.19 | $-0.23 | $-0.24 | $-0.34 |
High Forecast | - | - | - | - | - | - | - | - | $0.06 | $0.04 | $0.03 | $0.02 | $-0.00 | $0.03 | $-0.04 | $-0.04 | $-0.04 | $-0.05 | $-0.11 | $-0.11 | $-0.13 | $-0.16 | $-0.14 | $-0.19 | $-0.13 | $-0.16 | $-0.19 | $-0.23 | $-0.24 | $-0.34 |
Low Forecast | - | - | - | - | - | - | - | - | $0.06 | $0.04 | $0.03 | $0.02 | $-0.00 | $0.03 | $-0.04 | $-0.04 | $-0.04 | $-0.10 | $-0.11 | $-0.11 | $-0.13 | $-0.16 | $-0.14 | $-0.19 | $-0.13 | $-0.16 | $-0.19 | $-0.23 | $-0.24 | $-0.34 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -2.35% | 0.00% | 3.73% | 0.67% | 0.69% | 0.79% | 0.63% | 1.04% | 0.69% | 0.68% | 0.49% | 0.54% | 0.56% |
Plymouth Industrial REIT Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
LXP | LXP Industrial Trust | $9.29 | $12.50 | 34.55% | Buy |
PLYM | Plymouth Industrial REIT | $20.19 | $25.80 | 27.79% | Buy |
REXR | Rexford Industrial Realty | $43.17 | $54.00 | 25.09% | Buy |
COLD | Americold Realty Trust | $25.81 | $32.25 | 24.95% | Buy |
TRNO | Terreno Realty | $60.67 | $68.67 | 13.19% | Buy |
EGP | EastGroup Properties | $170.86 | $191.00 | 11.79% | Buy |
FR | First Industrial Realty Trust | $52.59 | $58.45 | 11.14% | Hold |
PLYM Forecast FAQ
Is Plymouth Industrial REIT a good buy?
Yes, according to 7 Wall Street analysts, Plymouth Industrial REIT (PLYM) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 42.86% of PLYM's total ratings.
What is PLYM's price target?
Plymouth Industrial REIT (PLYM) average price target is $25.8 with a range of $24 to $27, implying a 27.79% from its last price of $20.19. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Plymouth Industrial REIT stock go up soon?
According to Wall Street analysts' prediction for PLYM stock, the company can go up by 27.79% (from the last price of $20.19 to the average price target of $25.8), up by 33.73% based on the highest stock price target, and up by 18.87% based on the lowest stock price target.
Can Plymouth Industrial REIT stock reach $30?
PLYM's average twelve months analyst stock price target of $25.8 does not support the claim that Plymouth Industrial REIT can reach $30 in the near future.
What are Plymouth Industrial REIT's analysts' financial forecasts?
Plymouth Industrial REIT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $192.39M (high $192.39M, low $192.39M), average EBITDA is $109.76M (high $109.76M, low $109.76M), average net income is $0 (high $0, low $0), average SG&A $17.2M (high $17.2M, low $17.2M), and average EPS is $0 (high $0, low $0). PLYM's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $160.94M (high $160.94M, low $160.94M), average EBITDA is $91.82M (high $91.82M, low $91.82M), average net income is $0 (high $0, low $0), average SG&A $14.39M (high $14.39M, low $14.39M), and average EPS is $0 (high $0, low $0).
Did the PLYM's actual financial results beat the analysts' financial forecasts?
Based on Plymouth Industrial REIT's last annual report (Dec 2023), the company's revenue was $199.85M, beating the average analysts forecast of $198.91M by 0.47%. Apple's EBITDA was $92.89M, missing the average prediction of $109.8M by -15.40%. The company's net income was $8.79M, missing the average estimation of $-14.446M by -160.85%. Apple's SG&A was $14.9M, missing the average forecast of $17.13M by -13.00%. Lastly, the company's EPS was $0.0002, missing the average prediction of $-0.328 by -100.06%. In terms of the last quarterly report (Dec 2023), Plymouth Industrial REIT's revenue was $50.78M, missing the average analysts' forecast of $50.91M by -0.25%. The company's EBITDA was $29.14M, beating the average prediction of $29.05M by 0.32%. Plymouth Industrial REIT's net income was $9.28M, missing the average estimation of $-1.844M by -603.12%. The company's SG&A was $4.32M, missing the average forecast of $4.55M by -5.13%. Lastly, the company's EPS was $0, missing the average prediction of $-0.0409 by -100.00%