Should I buy or sell Industrial Logistics Properties Trust stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Industrial Logistics Properties Trust in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ILPT shares. View ILPT analyst ratings or view top-rated stocks .

What is Industrial Logistics Properties Trust's stock price target for 2024?

1 analysts have issued twelve-month price targets for Industrial Logistics Properties Trust's shares. Their ILPT share price targets range from $10.00 to $10.00. On average, they expect the company's stock price to reach $10.00 in the next year. This suggests a possible upside of 148.1% from the stock's current price. View analysts price targets for ILPT or view top-rated stocks among Wall Street analysts .

How have ILPT shares performed in 2023?

Industrial Logistics Properties Trust's stock was trading at $3.27 at the start of the year. Since then, ILPT stock has increased by 23.2% and is now trading at $4.03. View the best growth stocks for 2023 here .

Are investors shorting Industrial Logistics Properties Trust?

Industrial Logistics Properties Trust saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 792,100 shares, a decrease of 8.5% from the October 31st total of 865,500 shares. Based on an average daily trading volume, of 561,000 shares, the days-to-cover ratio is presently 1.4 days. Approximately 1.4% of the shares of the company are short sold. View Industrial Logistics Properties Trust's Short Interest .

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

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 13th 2024. View our ILPT earnings forecast .

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

Industrial Logistics Properties Trust (NASDAQ:ILPT) posted its quarterly earnings results on Monday, February, 14th. The company reported $0.97 earnings per share for the quarter, beating analysts' consensus estimates of $0.28 by $0.69. Industrial Logistics Properties Trust had a negative net margin of 24.79% and a negative trailing twelve-month return on equity of 8.46%. During the same quarter in the previous year, the business earned $0.46 EPS.

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, October 12th. Investors of record on Monday, October 23rd will be paid a dividend of $0.01 per share on Thursday, November 16th. This represents a $0.04 annualized dividend and a dividend yield of 0.99%. The ex-dividend date of this dividend is Friday, October 20th. Read our dividend analysis for ILPT .

Is Industrial Logistics Properties Trust a good dividend stock?

Industrial Logistics Properties Trust (NASDAQ:ILPT) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.99%. Read our dividend analysis for ILPT .

What other stocks do shareholders of Industrial Logistics Properties Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Industrial Logistics Properties Trust investors own include AT&T (T) , Verizon Communications (VZ) , Exxon Mobil (XOM) , Chevron (CVX) , AbbVie (ABBV) , Halliburton (HAL) , Realty Income (O) , Pfizer (PFE) , Altria Group (MO) and Annaly Capital Management (NLY) .

When did Industrial Logistics Properties Trust IPO?

(ILPT) raised $590 million in an 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.

Who are Industrial Logistics Properties Trust's major shareholders?

Industrial Logistics Properties Trust's stock is owned by a number of institutional and retail investors. Top institutional investors include Charles Schwab Investment Management Inc. (3.20%), LSV Asset Management (2.57%), AQR Capital Management LLC (1.45%), Householder Group Estate & Retirement Specialist LLC (0.75%), Invesco Ltd. (0.74%) and DigitalBridge Group Inc. (0.50%). Insiders that own company stock include Brian E Donley, Joseph Morea, Kevin C Phelan and Kevin C Phelan . View institutional ownership trends .

How do I buy shares of Industrial Logistics Properties Trust?

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

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

$4.03

-0.05 (-1.23%)

(As of 10:21 AM ET)

Compare

Today's Range: $4.00
▼
$4.11
50-Day Range: $2.29
▼
$4.08
52-Week Range: $1.64
▼
$4.98

Volume: 91,991 shs
Average Volume: 1.13 million shs
Market Capitalization: $265.34 million

P/E Ratio: N/A
Dividend Yield: 0.99%
Price Target: $10.00

Industrial Logistics Properties Trust MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 148.1% Upside
$10.00 Price Target
Short Interest: Healthy
1.36% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -2.06
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 4.26%
From $0.47 to $0.49 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.40 out of 5 stars

Finance Sector

276th out of 788 stocks

Real Estate Investment Trusts Industry

59th out of 171 stocks

3.5

Analyst's Opinion

Consensus Rating
Industrial Logistics Properties Trust has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $10.00, Industrial Logistics Properties Trust has a forecasted upside of 148.1% from its current price of $4.03.
Amount of Analyst Coverage
Industrial Logistics Properties Trust has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.36% 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 1.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Industrial Logistics Properties Trust has recently decreased by 8.48%, indicating that investor sentiment is improving significantly.

0.8

Dividend Strength

Dividend Yield
Industrial Logistics Properties Trust has a dividend yield of 0.99%, which is in 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 8.16% next year. This indicates that Industrial Logistics Properties Trust will be able to sustain or increase its dividend.

2.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Industrial Logistics Properties Trust has received a 10.96% net impact score from Upright. Industrial Logistics Properties seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is driven by its "Industrial and logistics property leasing services", "Real estate funds investing in industrial, logistics and warehousing buildings", and "Warehouse leasing services" products. See details.
Environmental Sustainability
The Environmental Impact score for Industrial Logistics Properties Trust is -2.06.

1.1

News and Social Media Coverage

Search Interest
3 people have searched for ILPT on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
MarketBeat Follows
2 people have added Industrial Logistics Properties Trust to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Industrial Logistics Properties Trust insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.50% of the stock of Industrial Logistics Properties Trust is held by insiders.
Percentage Held by Institutions
66.98% 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.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Industrial Logistics Properties Trust are expected to grow by 4.26% in the coming year, from $0.47 to $0.49 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Industrial Logistics Properties Trust is -2.43, 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 -2.43, 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.

See Top Rated MarketRank™ Stocks Here

About Industrial Logistics Properties Trust Stock (NASDAQ:ILPT)

ILPT is a real estate investment trust focused on owning and leasing high quality distribution and logistics properties. As of September 30, 2023, ILPT's portfolio consisted of 413 properties containing approximately 60.0 million rentable square feet located in 39 states. Approximately 77% of ILPT's annualized rental revenues as of September 30, 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 approximately $36 billion in assets under management as of September 30, 2023, and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. ILPT is headquartered in Newton, MA.

ILPT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ILPT Stock News Headlines

November 20, 2023 | finance.yahoo.com

5 REITs Under $5 Making Huge Gains This Month

November 2, 2023 | msn.com

Industrial Logistics Properties Trust (ILPT) Price Target Increased by 25.00% to 7.65

December 11, 2023 | Financial Alphas (Ad)

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October 28, 2023 | finance.yahoo.com

Industrial Logistics Properties Trust (NASDAQ:ILPT) Q3 2023 Earnings Call Transcript

October 27, 2023 | finance.yahoo.com

Q3 2023 Industrial Logistics Properties Trust Earnings Call

October 25, 2023 | finance.yahoo.com

Industrial Logistics Properties Trust (ILPT) Q3 FFO and Revenues Beat Estimates

October 25, 2023 | finance.yahoo.com

Industrial Logistics Properties Trust Announces Third Quarter 2023 Results

October 25, 2023 | msn.com

Industrial Logistics Properties: Deep-Value REIT With Significant Upside Potential

December 11, 2023 | Financial Alphas (Ad)

Countries Are Investing Heavily Into Securing Energy Independence

September 27, 2023 | finance.yahoo.com

Industrial Logistics Properties Trust Third Quarter 2023 Conference Call Scheduled for Thursday, October 26th

September 26, 2023 | msn.com

Industrial Logistics Properties names Tiffany Sy finance chief

September 11, 2023 | msn.com

Industrial Logistics: Stellar Business, Great Tenants - If It Can Stay Solvent

August 2, 2023 | markets.businessinsider.com

RBC Capital Reaffirms Their Hold Rating on Industrial Logistics Properties (ILPT)

July 27, 2023 | finance.yahoo.com

Q2 2023 Industrial Logistics Properties Trust Earnings Call

July 25, 2023 | msn.com

Industrial Logistics Properties Q2 earnings beat, rents rise, revenue misses

July 25, 2023 | finance.yahoo.com

Industrial Logistics Properties Trust Announces Second Quarter 2023 Results

July 21, 2023 | msn.com

Industrial Logistics Properties Trust (ILPT) Declares $0.01 Dividend

June 30, 2023 | seekingalpha.com

Industrial Logistics Properties Trust among financials gainers, Root in losers

June 28, 2023 | finance.yahoo.com

Implied Volatility Surging for Industrial Logistics (ILPT) Stock Options

June 27, 2023 | finance.yahoo.com

Industrial Logistics Properties Trust Second Quarter 2023 Conference Call

June 1, 2023 | finance.yahoo.com

Industrial Logistics Properties Trust to Present at Nareit’s REITweek 2023 Investor Conference on Tuesday, June 6th

May 2, 2023 | finance.yahoo.com

Is Industrial Logistics Properties Trust (ILPT) Stock Undervalued Right Now?

April 27, 2023 | finance.yahoo.com

Q1 2023 Industrial Logistics Properties Trust Earnings Call

April 25, 2023 | finance.yahoo.com

Industrial Logistics Properties Trust (ILPT) Q1 FFO and Revenues Top Estimates

April 25, 2023 | finance.yahoo.com

Industrial Logistics Properties Trust Announces First Quarter 2023 Results

April 15, 2023 | nasdaq.com

Industrial Logistics Properties Trust Common Shares of Beneficial Interest (ILPT)

April 14, 2023 | msn.com

Industrial Logistics Properties Trust of Beneficial Interest (ILPT) Declares $0.01 Dividend

See More Headlines

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Company Calendar

Last Earnings: 2/14/2022
Ex-Dividend for 11/16 Dividend: 10/20/2023
Dividend Payable: 11/16/2023
Today: 12/10/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/13/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Real estate investment trusts
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:ILPT
CUSIP: N/A
CIK: 1717307
Web: www.ilptreit.com
Phone: (617) 219-1460
Fax: N/A
Employees: N/A
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: +145.1%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.66)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 8.68
P/E Growth: N/A
Net Income: $-226,720,000.00
Net Margins: -24.79%
Pretax Margin: -36.32%
Return on Equity: -8.46%
Return on Assets: -1.91%

Debt

Debt-to-Equity Ratio: 3.53
Current Ratio: 3.91
Quick Ratio: 3.91

Sales & Book Value

Annual Sales: $388.15 million
Price / Sales: 0.69
Cash Flow: $0.41 per share
Price / Cash Flow: 9.91
Book Value: $20.30 per share
Price / Book: 0.20

Miscellaneous

Outstanding Shares: 65,840,000
Free Float: 64,856,000
Market Cap: $268.63 million
Optionable: Optionable
Beta: 1.60

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Key Executives

Ms. Yael Duffy (Age 43)
President & COO
Comp: $5.25k
Mr. Adam David Portnoy (Age 53)
Managing Trustee
Mr. Matthew Paul Jordan CPA (Age 48)
Managing Trustee
Ms. Tiffany R. Sy CPA (Age 43)
CFO & Treasurer
Stephen P. Colbert
Director of Investor Relations
Ms. Jennifer Babbin Clark (Age 62)
Secretary

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ILPT Stock Analysis - Frequently Asked Questions

Should I buy or sell Industrial Logistics Properties Trust stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Industrial Logistics Properties Trust in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ILPT shares.
View ILPT analyst ratings or view top-rated stocks.
What is Industrial Logistics Properties Trust's stock price target for 2024?: 1 analysts have issued twelve-month price targets for Industrial Logistics Properties Trust's shares. Their ILPT share price targets range from $10.00 to $10.00. On average, they expect the company's stock price to reach $10.00 in the next year. This suggests a possible upside of 148.1% from the stock's current price.
View analysts price targets for ILPT or view top-rated stocks among Wall Street analysts.
How have ILPT shares performed in 2023?: Industrial Logistics Properties Trust's stock was trading at $3.27 at the start of the year. Since then, ILPT stock has increased by 23.2% and is now trading at $4.03.
View the best growth stocks for 2023 here.
Are investors shorting Industrial Logistics Properties Trust?: Industrial Logistics Properties Trust saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 792,100 shares, a decrease of 8.5% from the October 31st total of 865,500 shares. Based on an average daily trading volume, of 561,000 shares, the days-to-cover ratio is presently 1.4 days. Approximately 1.4% of the shares of the company are short sold.
View Industrial Logistics Properties Trust's Short Interest.
When is Industrial Logistics Properties Trust's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 13th 2024.
View our ILPT earnings forecast.
How were Industrial Logistics Properties Trust's earnings last quarter?: Industrial Logistics Properties Trust (NASDAQ:ILPT) posted its quarterly earnings results on Monday, February, 14th. The company reported $0.97 earnings per share for the quarter, beating analysts' consensus estimates of $0.28 by $0.69. Industrial Logistics Properties Trust had a negative net margin of 24.79% and a negative trailing twelve-month return on equity of 8.46%. During the same quarter in the previous year, the business earned $0.46 EPS.

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, October 12th. Investors of record on Monday, October 23rd will be paid a dividend of $0.01 per share on Thursday, November 16th. This represents a $0.04 annualized dividend and a dividend yield of 0.99%. The ex-dividend date of this dividend is Friday, October 20th.
Read our dividend analysis for ILPT.
Is Industrial Logistics Properties Trust a good dividend stock?: Industrial Logistics Properties Trust (NASDAQ:ILPT) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.99%.
Read our dividend analysis for ILPT.
What other stocks do shareholders of Industrial Logistics Properties Trust own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Industrial Logistics Properties Trust investors own include AT&T (T), Verizon Communications (VZ), Exxon Mobil (XOM), Chevron (CVX), AbbVie (ABBV), Halliburton (HAL), Realty Income (O), Pfizer (PFE), Altria Group (MO) and Annaly Capital Management (NLY).
When did Industrial Logistics Properties Trust IPO?: (ILPT) raised $590 million in an 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.
Who are Industrial Logistics Properties Trust's major shareholders?: Industrial Logistics Properties Trust's stock is owned by a number of institutional and retail investors. Top institutional investors include Charles Schwab Investment Management Inc. (3.20%), LSV Asset Management (2.57%), AQR Capital Management LLC (1.45%), Householder Group Estate & Retirement Specialist LLC (0.75%), Invesco Ltd. (0.74%) and DigitalBridge Group Inc. (0.50%). Insiders that own company stock include Brian E Donley, Joseph Morea, Kevin C Phelan and Kevin C Phelan.
View institutional ownership trends.
How do I buy shares of Industrial Logistics Properties Trust?: Shares of ILPT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:ILPT) was last updated on 12/11/2023 by MarketBeat.com Staff

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