How to Buy Plymouth Industrial Reit Stock
Plymouth Industrial Reit Inc
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.
Plymouth Industrial Reit stock last closed at $20.76, up 0.53% from the previous day, and has increased 6.57% in one year. It has overperformed other stocks in the REIT - Industrial industry by 0.13 percentage points. Plymouth Industrial Reit stock is currently +8.08% from its 52-week low of $19.21, and -18.73% from its 52-week high of $25.55.
There are currently 45.38M shares of PLYM outstanding. The market capitalization of PLYM is $942.13M. In the past 24 hours, 168,995 PLYM shares were traded.
How to Buy Plymouth Industrial Reit Stock
Not sure how to invest in Plymouth Industrial Reit stock? Here's how.
- Figure out where to buy Plymouth Industrial Reit stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you determine where to buy Plymouth Industrial Reit stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Pick your method of payment and add your info.
- Research Plymouth Industrial Reit stock: The Plymouth Industrial Reit ticker symbol is PLYM. Is Plymouth Industrial Reit stock a good investment? Should you buy shares of PLYM? How do PLYM's underlying business fundamentals look? Do top analysts think Plymouth Industrial Reit is a good buy? Why has PLYM's stock price moved recently? (Hint: Our stock market research tools can help you decide if PLYM is a good stock to buy).
- Make your PLYM buy order: Decide if you will purchase PLYM shares at the current market price or use a limit order to purchase PLYM shares at a given price.
- Get key alerts regarding your investment in PLYM: Create a watchlist to important notifications about your position in Plymouth Industrial Reit stock.
Step 1: Figure out where to buy Plymouth Industrial Reit stock
You need an online brokerage account in order to access the NYSE market and buy PLYM stock.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected your brokerage, you need to fill out some personal information so you are able to buy PLYM stock today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to start your new trading account.
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Step 3: Deposit money your investment account
Now that you've finished signing up on a good stock buying app, you need to deposit funds:
Check out the tutorial below to see the process of transferring funds into your new brokerage account.
Step 4: Research Plymouth Industrial Reit stock
Once you have decided on the best place to buy Plymouth Industrial Reit stock, it's crucial to evaluate their stock prior to investing, so you can comprehend the risk as well as the opportunity.
Plymouth Industrial Reit quick stats
Plymouth Industrial Reit Zen Score
WallStreetZen was designed to help part-time investors do more accurate fundamental analysis.
You can view all of the due diligence checks on PLYM's stock page.
Is PLYM stock properly valued?
You can use many financial metrics, analyses, models, and charts to gauge PLYM's fair value.
Using relative valuations metrics:
- PLYM may be overvalued based on its P/E ratio of 103.8x, relative to REIT - Industrial industry P/E ratio of 27.71x
- PLYM may be undervalued based on its P/B ratio of 1.95x, relative to REIT - Industrial industry P/B ratio of 2.03x
You can access additional valuation research on PLYM's stock here.
A look at PLYM Cashflows and Balance Sheet
Passed Financial Due Diligence Checks:
- Total PLYM debt is lower than 5 years ago, relative to shareholder equity.
- PLYM profit margin has gone up from -14.6% to 4.4% in the past year.
Failed Financial Due Diligence Checks:
- PLYM earnings of $51.94M is not sufficient to cover its interest payments.
- PLYM's operating cash flow of $81.87M allows it to safely service it's debt of $872.55M.
- PLYM has a relatively high debt to equity ratio of 1.97.
Is it a good time to buy PLYM stock, according to analysts?
Out of 4 Equities analysts who track PLYM, the consensus analyst rating on Plymouth Industrial Reit is a Hold
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Plymouth Industrial Reit stock forecast page.
PLYM Trading Indicators
PLYM Performance Metrics
Last year, PLYM revenue was $199.85M. Over the last 5 year, PLYM's revenue has gone up by 32.35% per year. This was faster than the REIT - Industrial industry average of 18.69%.
Find out more about PLYM's earnings and revenue performance here.
Latest Insiders Trades at PLYM
In the past 12 months, insiders at PLYM have bought more shares than they have sold.
Pendleton P. White, Director of PLYM, was the latest PLYM insider to buy. They bought $86,320.00 worth of PLYM stock on Mar 14, 2024.
Dig into more about who owns PLYM stock here.
Does PLYM provide a stable income stream?
Plymouth Industrial Reit pays a dividend of 4.41%, compared to the REIT - Industrial industry's average dividend yield of 4.23%. If you owned $1,000 worth of PLYM stock, you would have received $44.08 in the past 12 months.
Plymouth Industrial Reit dividend payments have consistently grown over the past 7 years but have not remained stable.
Get more analysis about Plymouth Industrial Reit dividend yield and history here.
What do other investors have to say about PLYM?
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Step 5: Make your PLYM buy order
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly fine for most investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount, place a limit order.
Hit the Open Trade button and your broker will place your order.
If you need additional info about buying stocks on eToro, watch the helpful video below:
Step 6: Get key alerts regarding your investment in PLYM
Now that you own some PLYM stock, you'll want to keep up with your company.
Put PLYM on a watchlist to track the most important metrics related to your PLYM stock.
PLYM Feed
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How to Buy Stock in Plymouth Industrial Reit
To reiterate, here are the 6 steps for buying Plymouth Industrial Reit stock:
- Figure out where to buy Plymouth Industrial Reit stock
- Sign up for your brokerage account
- Deposit money your investment account
- Research Plymouth Industrial Reit stock
- Make your PLYM buy order
- Get key alerts regarding your investment in PLYM
If you need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Plymouth Industrial Reit, create your watchlist below.
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