Industrial 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.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:ILPT
CUSIPN/A
Phone617-219-1460
Debt
Debt-to-Equity Ratio0.05
Current Ratio0.17
Quick Ratio0.17
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 / Sales9.42
Cash Flow$1.6591 per share
Price / Cash13.67
Book Value$8.65 per share
Price / Book2.62
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A
Miscellaneous
EmployeesN/A
Outstanding Shares65,000,000
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 announced a quarterly dividend on Thursday, April 19th. Investors of record on Monday, April 30th will be paid a dividend of $0.27 per share on Monday, May 14th. This represents a $1.08 annualized dividend and a yield of 4.76%. The ex-dividend date of this dividend is Friday, April 27th. View Industrial Logistics Properties Trust's Dividend History.
How were Industrial Logistics Properties Trust's earnings last quarter?
Industrial Logistics Properties Trust (NASDAQ:ILPT) issued its quarterly earnings data on Friday, April, 27th. The company reported $0.31 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.40 by $0.09. The firm earned $40.61 million during the quarter, compared to analyst estimates of $39.81 million. View Industrial Logistics Properties Trust's Earnings History.
When is Industrial Logistics Properties Trust's next earnings date?
What price target have analysts set for ILPT?
5 brokers have issued 1 year target prices for Industrial Logistics Properties Trust's shares. Their forecasts range from $23.00 to $30.00. On average, they anticipate Industrial Logistics Properties Trust's stock price to reach $26.20 in the next twelve months. View Analyst Ratings for Industrial Logistics Properties Trust.
Who are some of Industrial Logistics Properties Trust's key competitors?
Some companies that are related to Industrial Logistics Properties Trust include American Campus Communities (ACC), CubeSmart (CUBE), CyrusOne (CONE), Hammerson (HMSNF), Store Capital (STOR), Healthcare Trust Of America (HTA), Brixmor Property Group (BRX), Medical Properties Trust (MPW), Highwoods Properties (HIW), Rayonier (RYN), EPR Properties (EPR), Hospitality Properties Trust (HPT), JBG SMITH Properties (JBGS), Gramercy Property Trust (GPT) and Life Storage (LSI).
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 does Industrial Logistics Properties Trust's lock-up period expire?
Industrial Logistics Properties Trust's lock-up period expires on Wednesday, July 11th. Industrial Logistics Properties Trust had issued 20,000,000 shares in its 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 will be eligible for trade following the expiration of the lock-up period.
Has Industrial Logistics Properties Trust been receiving favorable news coverage?
Media stories about ILPT stock have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Industrial Logistics Properties Trust earned a media sentiment score of 0.19 on Accern's scale. They also gave news coverage about the company an impact score of 46.86 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
Who are Industrial Logistics Properties Trust's major shareholders?
Industrial Logistics Properties Trust's stock is owned by many different of retail and institutional investors. Top institutional investors include Zimmer Partners LP (2.93%), BlackRock Inc. (1.56%), Westfield Capital Management Co. LP (1.35%), Yost Capital Management L.L.C. (1.23%), Northern Trust Corp (0.32%) and Citadel Advisors LLC (0.25%). View Institutional Ownership Trends for Industrial Logistics Properties Trust.
Which institutional investors are buying Industrial Logistics Properties Trust stock?
ILPT stock was acquired by a variety of institutional investors in the last quarter, including Zimmer Partners LP, BlackRock Inc., Westfield Capital Management Co. LP, Yost Capital Management L.L.C., Northern Trust Corp, Citadel Advisors LLC, State of New Jersey Common Pension Fund D and Foresters Investment Management Company Inc.. View Insider Buying and Selling for Industrial Logistics Properties Trust.
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 $22.68.
How big of a company is Industrial Logistics Properties Trust?
Industrial Logistics Properties Trust has a market capitalization of $1.46 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 (ILPT)
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.
