Industrials REIT (MLI) Share Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Industrials REIT in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" MLI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MLI, but not buy additional shares or sell existing shares.
View MLI analyst ratings or view top-rated stocks.

1 brokerages have issued 1-year price objectives for Industrials REIT's shares. Their MLI share price forecasts range from GBX 168 to GBX 168. On average, they expect the company's stock price to reach GBX 168 in the next twelve months. This suggests a possible upside of 0.9% from the stock's current price.
View analysts price targets for MLI or view top-rated stocks among Wall Street analysts.

Industrials REIT's stock was trading at GBX 130.50 on January 1st, 2023. Since then, MLI stock has increased by 27.6% and is now trading at GBX 166.50.
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Industrials REIT declared a dividend on Friday, December 15th. Shareholders of record on Thursday, January 19th will be given a dividend of GBX 3.50 per share on Friday, February 10th. This represents a dividend yield of 2.66%. The ex-dividend date of this dividend is Thursday, January 19th. This is a positive change from the stock's previous dividend of GBX 3.48. The official announcement can be viewed at this link.
Read our dividend analysis for MLI.

Industrials REIT (LON:MLI) pays an annual dividend of GBX 7 per share and currently has a dividend yield of 4.19%. MLI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 4,375.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for MLI.

Industrials REIT trades on the London Stock Exchange (LON) under the ticker symbol "MLI."

Shares of MLI stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
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One share of MLI stock can currently be purchased for approximately GBX 166.50.

Industrials REIT (LON:MLI) has a market capitalization of £490.38 million and generates £50.19 million in revenue each year. The company earns £45.84 million in net income (profit) each year or GBX 0.16 on an earnings per share basis.

Industrials REIT's mailing address is 150 Schilling Blvd Ste 100, Collierville, Tennessee 38017-7187. The official website for the company is www.muellerindustries.com. The company can be reached via phone at 19017533200.