PLYM News and Press, Plymouth Industrial REIT Inc. From 11/03/22

Plymouth Industrial REIT press release ( NYSE: PLYM ): Q3 FFO of $0.46 beats by $0.02 ; Adjusted FFO of $0.40 per weighted average common share and units. Revenue of $47.79M (+32.9% Y/Y) beats by $1.29M . Tightened its previously issued full year 2022 guidance ...

Plymouth Industrial REIT ( NYSE: PLYM ) is scheduled to announce Q3 earnings results on Thursday, November 3rd, before market open. The consensus EPS Estimate is $0.44 (+2.3% Y/Y) and the consensus Revenue Estimate is $46.5M (+29.3% Y/Y). Over the last 3 months, EPS es...

Summary Farmland Partners' 3rd quarter represents yet another positive acceleration in fundamentals. It will unlock accretive equity issuance and a new pathway of AFFO growth. As FPI scales, efficiency is gained and new opportunities open up. Third quarter earnings o...

Summary It was already known that industrial REIT leasing numbers would come in high for 3Q22. Terreno's report, however, shocked the market by showing acceleration over the already strong 2Q numbers. The crashing stock prices appear misguided and have likely created opportuni...

Summary Will we see more STOR-like mergers and acquisitions in the future in the REIT world? The recent STOR announcement definitely did make me think about which ones COULD be next. Specifically, I’m thinking about what might make attractive targets for Blackstone. ...

Plymouth Industrial REIT's ( NYSE: PLYM ) Q3 leases stood at 2.6M sq. ft. in aggregate. The leases, associated with terms of at least six months, included 1.5M sq. ft. of renewal leases and 1.1M sq. ft. of new leases. PLYM said there was an increase of 17.6% in rental ...

Plymouth Industrial REIT, Inc. (NYSE: PLYM) announced its leasing and acquisition activity for the third quarter of 2022. The Company also announced details for its third quarter earnings conference call and webcast to be held on November 3, 2022. Jeff Witherell, Chief Executive...

Summary Industrial REITs- a perennial performance leader since 2015- have been slammed this year despite delivering stellar operating performance with demand for well-located logistics space continuing to outstrip supply. Just as valuations were recovering from the Amazon-related ...

Plymouth Industrial REIT , Inc. (NYSE: PLYM) (the “Company”) today announced that its board of directors has declared a regular quarterly cash dividend of $0.22 per share of common stock for the third quarter of 2022. The dividend, which equates to an annualized rate o...

Summary INDT is an East Coast industrial REIT with an in-house development arm. The portfolio is growing rapidly this year, and both internal and external growth are surging. Management might be overpaid. The stock is very richly valued even after a 25% drop year-to-date. ...