NASDAQ:ILPT - Industrial Logistics Properties Trust Stock Price, News, & Analysis

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$24.21 +0.17 (+0.71 %)
(As of 08/20/2018 04:00 PM ET)
Previous Close$24.04
Today's Range$23.91 - $24.70
52-Week Range$17.21 - $24.70
Volume268,320 shs
Average Volume242,024 shs
Market Capitalization$1.54 billion
P/E RatioN/A
Dividend Yield5.54%
BetaN/A
Industrial Logistics Properties Trust logoIndustrial Logistics Properties Trust is focused on the ownership and leasing of industrial and logistics properties throughout the United States. The Company owns 266 properties with a total of approximately 28.5 million square feet, including: 226 buildings, leasable land parcels and easements totaling approximately 16.8 million square feet located on the island of Oahu, Hawaii; and 40 properties with approximately 11.7 million square feet located in 24 other states. The Company's properties include Hawaii properties, Mainland properties' leases, Hawaii properties' leases, and Mainland properties.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:ILPT
CUSIPN/A
Phone617-219-1460

Debt

Debt-to-Equity Ratio0.05
Current Ratio0.16
Quick Ratio0.16

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$156.50 million
Price / Sales10.06
Cash Flow$1.6731 per share
Price / Cash14.47
Book Value$8.65 per share
Price / Book2.80

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$80.10 million
Net MarginsN/A
Return on Equity9.57%
Return on Assets5.32%

Miscellaneous

EmployeesN/A
Outstanding Shares65,020,000
Market Cap$1.54 billion

Industrial Logistics Properties Trust (NASDAQ:ILPT) Frequently Asked Questions

What is Industrial Logistics Properties Trust's stock symbol?

Industrial Logistics Properties Trust trades on the NASDAQ under the ticker symbol "ILPT."

How often does Industrial Logistics Properties Trust pay dividends? What is the dividend yield for Industrial Logistics Properties Trust?

Industrial Logistics Properties Trust declared a quarterly dividend on Thursday, July 19th. Shareholders of record on Monday, July 30th will be given a dividend of $0.33 per share on Monday, August 13th. This represents a $1.32 dividend on an annualized basis and a yield of 5.45%. The ex-dividend date is Friday, July 27th. This is a positive change from Industrial Logistics Properties Trust's previous quarterly dividend of $0.27. View Industrial Logistics Properties Trust's Dividend History.

How were Industrial Logistics Properties Trust's earnings last quarter?

Industrial Logistics Properties Trust (NASDAQ:ILPT) released its quarterly earnings results on Friday, July, 27th. The company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by $0.14. The firm earned $39.42 million during the quarter, compared to the consensus estimate of $39.58 million. View Industrial Logistics Properties Trust's Earnings History.

When is Industrial Logistics Properties Trust's next earnings date?

Industrial Logistics Properties Trust is scheduled to release their next quarterly earnings announcement on Friday, October, 26th 2018. View Earnings Estimates for Industrial Logistics Properties Trust.

What price target have analysts set for ILPT?

5 analysts have issued 1 year target prices for Industrial Logistics Properties Trust's shares. Their predictions range from $23.00 to $30.00. On average, they anticipate Industrial Logistics Properties Trust's share price to reach $26.00 in the next year. This suggests a possible upside of 7.4% from the stock's current price. View Analyst Price Targets for Industrial Logistics Properties Trust.

What is the consensus analysts' recommendation for Industrial Logistics Properties Trust?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Industrial Logistics Properties Trust in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Industrial Logistics Properties Trust.

Who are some of Industrial Logistics Properties Trust's key competitors?

Who are Industrial Logistics Properties Trust's key executives?

Industrial Logistics Properties Trust's management team includes the folowing people:
  • John C. Popeo, President, Chief Operating Officer (Age 57)
  • Richard W. Siedel Jr., Chief Financial Officer, Treasurer (Age 38)
  • Bruce M. Gans M.D., Independent Trustee (Age 70)
  • Lisa Harris Jones, Independent Trustee (Age 49)
  • Joseph L. Morea, Independent Trustee (Age 62)
  • Adam D. Portnoy, Managing Trustee (Age 47)
  • Barry M. Portnoy, Managing Trustee (Age 72)

When did Industrial Logistics Properties Trust IPO?

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

When did Industrial Logistics Properties Trust's lock-up period expire?

Industrial Logistics Properties Trust's lock-up period expired on Wednesday, July 11th. Industrial Logistics Properties Trust had issued 20,000,000 shares in its initial public offering on January 12th. The total size of the offering was $480,000,000 based on an initial share price of $24.00. Shares of the company owned by company insiders and major shareholders are now eligible to be traded as a result of the expiration of the lock-up period.

Has Industrial Logistics Properties Trust been receiving favorable news coverage?

News headlines about ILPT stock have trended somewhat positive this week, Accern reports. The research firm identifies positive and negative press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Industrial Logistics Properties Trust earned a media and rumor sentiment score of 0.20 on Accern's scale. They also assigned news headlines about the company an impact score of 46.22 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term. View Recent Headlines for Industrial Logistics Properties Trust.

Who are Industrial Logistics Properties Trust's major shareholders?

Industrial Logistics Properties Trust's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (2.06%), Newtyn Management LLC (1.42%), Massachusetts Financial Services Co. MA (1.04%), Emerald Advisers Inc. PA (0.87%), Emerald Mutual Fund Advisers Trust (0.82%) and Western Standard LLC (0.56%).

Which major investors are selling Industrial Logistics Properties Trust stock?

ILPT stock was sold by a variety of institutional investors in the last quarter, including Emerald Mutual Fund Advisers Trust, Citadel Advisors LLC, Securian Asset Management Inc, Emerald Advisers Inc. PA, Fort Washington Investment Advisors Inc. OH, State of Alaska Department of Revenue, EJF Capital LLC and Bank of America Corp DE.

Which major investors are buying Industrial Logistics Properties Trust stock?

ILPT stock was bought by a variety of institutional investors in the last quarter, including Newtyn Management LLC, Massachusetts Financial Services Co. MA, TCW Group Inc., BlackRock Inc., LDR Capital Management LLC, Martingale Asset Management L P, Schwab Charles Investment Management Inc. and Pensionfund DSM Netherlands.

How do I buy shares of Industrial Logistics Properties Trust?

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

What is Industrial Logistics Properties Trust's stock price today?

One share of ILPT stock can currently be purchased for approximately $24.21.

How big of a company is Industrial Logistics Properties Trust?

Industrial Logistics Properties Trust has a market capitalization of $1.54 billion and generates $156.50 million in revenue each year.

How can I contact Industrial Logistics Properties Trust?

Industrial Logistics Properties Trust's mailing address is TWO NEWTON PLACE 255 WASHINGTON STREET SUITE 300, NEWTON MA, 02458. The company can be reached via phone at 617-219-1460 or via email at [email protected]


MarketBeat Community Rating for Industrial Logistics Properties Trust (NASDAQ ILPT)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  58 (Vote Outperform)
Underperform Votes:  42 (Vote Underperform)
Total Votes:  100
MarketBeat's community ratings are surveys of what our community members think about Industrial Logistics Properties Trust and other stocks. Vote "Outperform" if you believe ILPT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ILPT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/20/2018 by MarketBeat.com Staff

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