Research Analysts Offer Predictions for ILPT FY2026 Earnings

Industrial Logistics Properties Trust (NASDAQ:ILPT - Free Report) - B. Riley upped their FY2026 earnings per share (EPS) estimates for shares of Industrial Logistics Properties Trust in a research note issued on Tuesday, June 17th. B. Riley analyst J. Massocca now expects that the company will post earnings per share of $1.20 for the year, up from their previous forecast 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 results on Tuesday, April 29th. The company reported $0.20 EPS for the quarter. Industrial Logistics Properties Trust had a negative net margin of 21.22% and a negative return on equity of 9.11%. The firm had revenue of $111.91 million during the quarter.

Industrial Logistics Properties Trust Stock Performance

Shares of ILPT stock traded down $0.04 on Thursday, reaching $4.70. The stock had a trading volume of 738,734 shares, compared to its average volume of 440,132. Industrial Logistics Properties Trust has a 12 month low of $2.45 and a 12 month high of $5.45. The firm has a market capitalization of $310.87 million, a price-to-earnings ratio of -3.29 and a beta of 2.22. The firm's 50-day moving average is $3.22 and its two-hundred day moving average is $3.47. The company has a quick ratio of 5.16, a current ratio of 5.16 and a debt-to-equity ratio of 4.40.

Industrial Logistics Properties Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Shareholders 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 yield of 0.85%. Industrial Logistics Properties Trust's dividend payout ratio is -2.80%.

Insider Activity

In other Industrial Logistics Properties Trust news, Director Joseph Morea bought 20,000 shares of the firm's stock in a transaction that occurred on Friday, May 30th. The shares were acquired at an average cost of $3.31 per share, with a total value of $66,200.00. Following the acquisition, the director now owns 112,191 shares of the company's stock, valued at $371,352.21. The trade was a 21.69% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.80% of the company's stock.

Institutional Investors Weigh In On Industrial Logistics Properties Trust

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

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.