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 primary markets across the United States. The Company seeks to acquire properties that provide income and growth that enable the Company to leverage its real estate operating expertise to enhance shareholder value through active asset management, prudent property re-positioning and disciplined capital deployment.
Company profile
Ticker
PLYM, PLYM-PA
Exchange
Website
CEO
Jeffrey E. Witherell
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Plymouth Industrial REIT Inc., Plymouth Opportunity REIT Inc.
SEC CIK
Corporate docs
Subsidiaries
Plymouth Industrial OP, LP • Plymouth OP Limited LLC • Plymouth Industrial 20 Financial LLC • Plymouth Industrial 20 LLC • Plymouth 4 East Stow LLC • Plymouth 32 Dart LLC • Plymouth 56 Milliken LLC • Plymouth 189 Seegers LLC • Plymouth 210 American LLC • Plymouth 1355 Holmes LLC ...
PLYM stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
28 Feb 23
424B5
Prospectus supplement for primary offering
28 Feb 23
8-K
Results of Operations and Financial Condition
28 Feb 23
10-K
2022 FY
Annual report
23 Feb 23
8-K
Plymouth Industrial Reit Reports Fourth Quarter Results
23 Feb 23
8-K
Tripp Sullivan – SCR Partners
7 Nov 22
10-Q
2022 Q3
Quarterly report
3 Nov 22
8-K
Plymouth Industrial Reit Reports Third Quarter Results
3 Nov 22
8-K
Results of Operations and Financial Condition
5 Aug 22
10-Q
2022 Q2
Quarterly report
3 Aug 22
Transcripts
PLYM
Earnings call transcript
2022 Q4
23 Feb 23
PLYM
Earnings call transcript
2022 Q2
3 Aug 22
PLYM
Earnings call transcript
2022 Q1
4 May 22
PLYM
Earnings call transcript
2021 Q4
23 Feb 22
PLYM
Earnings call transcript
2021 Q3
5 Nov 21
PLYM
Earnings call transcript
2021 Q2
6 Aug 21
PLYM
Earnings call transcript
2021 Q1
7 May 21
PLYM
Earnings call transcript
2020 Q4
26 Feb 21
PLYM
Earnings call transcript
2020 Q3
6 Nov 20
PLYM
Earnings call transcript
2020 Q2
9 Aug 20
Latest ownership filings
SC 13G/A
VANGUARD GROUP INC
10 Mar 23
4
PENDLETON P WHITE
21 Feb 23
4
Jeffrey E Witherell
21 Feb 23
4
Anthony Saladino
21 Feb 23
SC 13G
SILVERCREST ASSET MANAGEMENT GROUP LLC
14 Feb 23
SC 13G
PRUDENTIAL FINANCIAL INC
13 Feb 23
SC 13G/A
FMR LLC
9 Feb 23
SC 13G/A
VANGUARD GROUP INC
9 Feb 23
SC 13G
JENNISON ASSOCIATES LLC
8 Feb 23
SC 13G/A
BlackRock Inc.
1 Feb 23
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Revenue | |||||
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 31.21 mm | 31.21 mm | 31.21 mm | 31.21 mm | 31.21 mm | 31.21 mm |
| Cash burn (monthly) | 1.68 mm | 1.01 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 4.63 mm | 2.79 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 26.59 mm | 28.42 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 15.8 | 28.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
97.0% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 152 |
| Opened positions | 20 |
| Closed positions | 14 |
| Increased positions | 62 |
| Reduced positions | 45 |
| 13F shares | Current |
|---|---|
| Total value | 1.40 tn |
| Total shares | 41.76 mm |
| Total puts | 4.50 k |
| Total calls | 8.30 k |
| Total put/call ratio | 0.5 |
| Largest owners | Shares | Value |
|---|---|---|
| Madison International Realty | 5.04 mm | $96.62 bn |
| Vanguard | 4.22 mm | $80.85 bn |
| FMR | 3.41 mm | $65.41 bn |
| WHG Westwood | 2.97 mm | $57.04 bn |
| BLK Blackrock | 2.84 mm | $54.55 bn |
| Jennison Associates | 2.17 mm | $41.67 bn |
| Silvercrest Asset Management | 2.17 mm | $41.58 bn |
| Wellington Management | 1.79 mm | $34.28 bn |
| PCOK Pacific Oak Strategic Opportunity REIT | 1.56 mm | $21.54 mm |
| STT State Street | 1.08 mm | $20.99 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 14 Feb 23 | Anthony Saladino | Common Stock | Grant | Acquire A | No | No | 0 | 25,372 | 0.00 | 36,372 |
| 14 Feb 23 | Jeffrey E Witherell | Common Stock | Grant | Acquire A | No | No | 0 | 53,770 | 0.00 | 210,850 |
| 14 Feb 23 | Pendleton P White | Common Stock | Grant | Acquire A | No | No | 0 | 18,622 | 0.00 | 117,735 |
Press releases
Plymouth Industrial REIT Declares First Quarter 2023 Preferred Stock Dividend
1 Mar 23
Plymouth Industrial REIT Reports Fourth Quarter Results
23 Feb 23
Plymouth Industrial REIT Announces Tax Treatment of 2022 Dividends
18 Jan 23
Plymouth Industrial REIT Provides Activity Update for Fourth Quarter 2022; Announces Details for Fourth Quarter Earnings Conference Call
5 Jan 23