Strategic Partnerships | Explore Plymouth Industrial REIT's transformative alliance with Sixth Street, potentially unlocking new growth avenues and enhancing market positioning |
Portfolio Expansion | Delve into PLYM's $100 million Memphis acquisition, signaling commitment to growth and asset diversification in key industrial markets |
Financial Outlook | Learn about PLYM's FFO guidance of $1.88-$1.90 per share for 2024, with analysts projecting EPS growth to $2.03 in the following yea |
Valuation Potential | Discover PLYM's attractive valuation at 13x 2024 estimated FFO, compared to the sector's 23x, with price targets ranging from $22 to $27 |
Plymouth Industrial REIT, Inc. (NYSE: PLYM) is a full service, vertically integrated real estate investment company focused on the acquisition, ownership and management of single and multi-tenant industrial properties. Our mission is to provide tenants with cost effective space that is functional, flexible and safe.
Metrics to compare | PLYM | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipPLYMPeersSector | |
---|---|---|---|---|
P/E Ratio | 40.4x | −2.8x | 7.6x | |
PEG Ratio | 0.19 | −0.65 | 0.01 | |
Price/Book | 2.1x | 0.5x | 0.9x | |
Price / LTM Sales | 4.9x | 2.0x | 3.8x | |
Upside (Analyst Target) | 21.4% | 15.6% | 12.1% | |
Fair Value Upside | Unlock | 15.8% | 0.8% | Unlock |