B. Riley Has Positive Outlook of ILPT FY2026 Earnings

Industrial Logistics Properties Trust (NASDAQ:ILPT - Free Report) - Equities research analysts at B. Riley lifted their FY2026 earnings per share estimates for shares of Industrial Logistics Properties Trust in a report issued on Tuesday, June 17th. B. Riley analyst J. Massocca now forecasts that the company will post earnings of $1.20 per share for the year, up from their previous estimate of $0.94. B. Riley currently has a "Strong-Buy" rating on the stock.

Industrial Logistics Properties Trust (NASDAQ:ILPT - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The company reported $0.20 earnings per share for the quarter. Industrial Logistics Properties Trust had a negative return on equity of 9.11% and a negative net margin of 21.22%. The company had revenue of $111.91 million during the quarter.

Industrial Logistics Properties Trust Stock Up 4.9%

NASDAQ ILPT opened at $4.74 on Thursday. The business has a fifty day moving average price of $3.13 and a two-hundred day moving average price of $3.46. The stock has a market capitalization of $313.50 million, a PE ratio of -3.31 and a beta of 2.22. Industrial Logistics Properties Trust has a fifty-two week low of $2.45 and a fifty-two week high of $5.45. The company has a debt-to-equity ratio of 4.40, a current ratio of 5.16 and a quick ratio of 5.16.

Industrial Logistics Properties Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Tuesday, April 22nd were paid a $0.01 dividend. The ex-dividend date was Tuesday, April 22nd. This represents a $0.04 annualized dividend and a dividend yield of 0.84%. Industrial Logistics Properties Trust's dividend payout ratio is currently -2.80%.

Insiders Place Their Bets

In other Industrial Logistics Properties Trust news, Director Joseph Morea purchased 20,000 shares of the firm's stock in a transaction on Friday, May 30th. The stock was acquired at an average price of $3.31 per share, for a total transaction of $66,200.00. Following the purchase, the director now owns 112,191 shares of the company's stock, valued at $371,352.21. This trade represents a 21.69% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.80% of the company's stock.

Institutional Trading of Industrial Logistics Properties Trust

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. New Age Alpha Advisors LLC bought a new stake in shares of Industrial Logistics Properties Trust in the 1st quarter worth $34,000. Single Point Partners LLC purchased a new position in Industrial Logistics Properties Trust during the first quarter worth about $36,000. First Trust Advisors LP bought a new stake in shares of Industrial Logistics Properties Trust during the 4th quarter worth $39,000. Strs Ohio bought a new stake in shares of Industrial Logistics Properties Trust in the first quarter valued at approximately $42,000. Finally, ProShare Advisors LLC lifted its position in Industrial Logistics Properties Trust by 49.0% during the fourth quarter. ProShare Advisors LLC now owns 18,388 shares of the company's stock valued at $67,000 after purchasing an additional 6,051 shares during the last quarter. 49.08% of the stock is owned by institutional investors.

Industrial Logistics Properties Trust Company Profile

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.

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