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NASDAQ:ILPT

Industrial Logistics Properties Trust (ILPT) Stock Price, News & Analysis

Industrial Logistics Properties Trust logo
$3.54
-0.11 (-3.02%)
(As of 10/31/2024 ET)

About Industrial Logistics Properties Trust Stock (NASDAQ:ILPT)

Key Stats

Today's Range
$3.49
$3.70
50-Day Range
$3.65
$5.16
52-Week Range
$2.40
$5.45
Volume
330,492 shs
Average Volume
486,189 shs
Market Capitalization
$232.72 million
P/E Ratio
N/A
Dividend Yield
1.13%
Price Target
$10.00
Consensus Rating
Moderate Buy

Company Overview

Industrial Logistics Properties Trust (Nasdaq: ILPT) is a real estate investment trust, or REIT, focused on owning and leasing high quality distribution and logistics properties. As of December 31, 2023, ILPT's portfolio consisted of 411 properties containing approximately 60 million rentable square feet located in 39 states. Approximately 77% of ILPT's annualized rental revenues as of December 31, 2023 are derived from investment grade tenants, tenants that are subsidiaries of investment grade rated entities or Hawaii land leases. ILPT is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $41 billion in assets under management as of December 31, 2023 and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. ILPT is headquartered in Newton, MA.

Industrial Logistics Properties Trust Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
92nd Percentile Overall Score

ILPT MarketRank™: 

Industrial Logistics Properties Trust scored higher than 92% of companies evaluated by MarketBeat, and ranked 78th out of 940 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Earnings Growth

    Earnings for Industrial Logistics Properties Trust are expected to grow by 17.65% in the coming year, from $0.51 to $0.60 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Industrial Logistics Properties Trust is -2.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Industrial Logistics Properties Trust is -2.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Industrial Logistics Properties Trust has a P/B Ratio of 0.20. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Industrial Logistics Properties Trust's valuation and earnings.
  • Percentage of Shares Shorted

    3.12% of the float of Industrial Logistics Properties Trust has been sold short.
  • Short Interest Ratio / Days to Cover

    Industrial Logistics Properties Trust has a short interest ratio ("days to cover") of 4.8.
  • Change versus previous month

    Short interest in Industrial Logistics Properties Trust has recently increased by 4.65%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Industrial Logistics Properties Trust pays a meaningful dividend of 1.03%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Industrial Logistics Properties Trust does not have a long track record of dividend growth.

  • Dividend Sustainability

    Based on earnings estimates, Industrial Logistics Properties Trust will have a dividend payout ratio of 6.67% next year. This indicates that Industrial Logistics Properties Trust will be able to sustain or increase its dividend.

  • Read more about Industrial Logistics Properties Trust's dividend.
  • Percentage of Shares Shorted

    3.12% of the float of Industrial Logistics Properties Trust has been sold short.
  • Short Interest Ratio / Days to Cover

    Industrial Logistics Properties Trust has a short interest ratio ("days to cover") of 4.8.
  • Change versus previous month

    Short interest in Industrial Logistics Properties Trust has recently increased by 4.65%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Industrial Logistics Properties Trust has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for Industrial Logistics Properties Trust this week, compared to 1 article on an average week.
  • Search Interest

    3 people have searched for ILPT on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Industrial Logistics Properties Trust insiders have bought more of their company's stock than they have sold. Specifically, they have bought $9,500.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    Only 1.80% of the stock of Industrial Logistics Properties Trust is held by insiders.

  • Percentage Held by Institutions

    49.08% of the stock of Industrial Logistics Properties Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Industrial Logistics Properties Trust's insider trading history.
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ILPT Stock News Headlines

Q3 2024 Industrial Logistics Properties Trust Earnings Call
Banking failure dead ahead
If you missed it, my emergency election broadcast is now available - but will be removed soon
See More Headlines

ILPT Stock Analysis - Frequently Asked Questions

Industrial Logistics Properties Trust's stock was trading at $4.70 on January 1st, 2024. Since then, ILPT shares have decreased by 24.0% and is now trading at $3.57.
View the best growth stocks for 2024 here
.

Industrial Logistics Properties Trust (NASDAQ:ILPT) announced its earnings results on Wednesday, October, 25th. The company reported ($0.40) EPS for the quarter, missing analysts' consensus estimates of $0.11 by $0.51. The company earned $110.14 million during the quarter, compared to analysts' expectations of $109.82 million. Industrial Logistics Properties Trust had a negative trailing twelve-month return on equity of 9.06% and a negative net margin of 23.52%.

Industrial Logistics Properties Trust (ILPT) raised $590 million in an IPO on Friday, January 12th 2018. The company issued 20,000,000 shares at $28.00-$31.00 per share. UBS Investment Bank, Citigroup, RBC Capital Markets, BofA Merrill Lynch, Morgan Stanley and Wells Fargo Securities acted as the underwriters for the IPO and B. Riley | FBR, BB&T Capital Markets, Janney Montgomery Scott, JMP Securities and Oppenheimer were co-managers.

Industrial Logistics Properties Trust's top institutional shareholders include Macroview Investment Management LLC (0.17%), SG Americas Securities LLC (0.06%) and Nisa Investment Advisors LLC (0.03%). Insiders that own company stock include Joseph Morea and Kevin C Phelan.
View institutional ownership trends
.

Shares of ILPT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Industrial Logistics Properties Trust investors own include Meta Platforms (META), NVIDIA (NVDA), Exxon Mobil (XOM), Advanced Micro Devices (AMD), Chevron (CVX), Home Depot (HD) and Visa (V).

Company Calendar

Last Earnings
10/25/2023
Ex-Dividend for 8/15 Dividend
7/22/2024
Dividend Payable
8/15/2024
Ex-Dividend for 11/14 Dividend
10/28/2024
Today
10/31/2024
Dividend Payable
11/14/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/18/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Trading
Current Symbol
NASDAQ:ILPT
Fax
N/A
Employees
600
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.00
High Stock Price Target
$10.00
Low Stock Price Target
$10.00
Potential Upside/Downside
+174.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-107,990,000.00
Pretax Margin
-32.39%

Debt

Sales & Book Value

Annual Sales
$441.89 million
Cash Flow
$1.31 per share
Book Value
$17.64 per share

Miscellaneous

Free Float
64,795,000
Market Cap
$239.63 million
Optionable
Optionable
Beta
1.79
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This page (NASDAQ:ILPT) was last updated on 10/31/2024 by MarketBeat.com Staff
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