Industrial Logistics Properties Trust is a real estate investment trust, or REIT, that owns and leases industrial and logistics properties throughout the United States. ILPT is managed by the operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), an alternative asset management company that is headquartered in Newton, MA.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Phone617-219-1460
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$162.53 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date7/26/2019 (Estimated)
OptionableOptionable
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, April 18th. Investors of record on Monday, April 29th will be paid a dividend of $0.33 per share on Thursday, May 16th. This represents a $1.32 annualized dividend and a dividend yield of 6.71%. The ex-dividend date of this dividend is Friday, April 26th. 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 earnings results on Monday, April, 29th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by $0.13. The firm earned $45.99 million during the quarter, compared to analysts' expectations of $46.66 million. Industrial Logistics Properties Trust had a return on equity of 6.99% and a net margin of 42.85%. 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?
3 equities research analysts have issued 1-year target prices for Industrial Logistics Properties Trust's shares. Their forecasts range from $25.00 to $29.00. On average, they expect Industrial Logistics Properties Trust's stock price to reach $26.6667 in the next year. This suggests a possible upside of 35.6% 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?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Industrial Logistics Properties Trust in the last year. There are currently 1 sell rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Industrial Logistics Properties Trust.
Has Industrial Logistics Properties Trust been receiving favorable news coverage?
News headlines about ILPT stock have been trending negative this week, InfoTrie reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Industrial Logistics Properties Trust earned a news sentiment score of -2.0 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future.
Who are some of Industrial Logistics Properties Trust's key competitors?
Some companies that are related to Industrial Logistics Properties Trust include Howard Hughes (HHC), Highwoods Properties (HIW), Blackstone Mortgage Trust (BXMT), Life Storage (LSI), First Industrial Realty Trust (FR), PS Business Parks (PSB), Ryman Hospitality Properties (RHP), CoreSite Realty (COR), Hospitality Properties Trust (HPT), Eastgroup Properties (EGP), Healthcare Realty Trust (HR), Pebblebrook Hotel Trust (PEB), Rayonier (RYN), Rexford Industrial Realty (REXR) and Cousins Properties (CUZ).
What other stocks do shareholders of Industrial Logistics Properties Trust own?
Who are Industrial Logistics Properties Trust's key executives?
Industrial Logistics Properties Trust's management team includes the folowing people:
- Mr. John G. Murray, Pres, CEO & Managing Trustee (Age 58)
- Mr. Richard W. Siedel Jr., CFO & Treasurer (Age 39)
- Ms. Olivia Snyder, Mang., Investor Relations
- Ms. Jennifer Babbin Clark, Sec. (Age 57)
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 $28.00-$31.00 per share. UBS Investment Bank, Citigroup, RBC Capital Markets, BofA Merrill Lynch, Morgan Stanley and Wells Fargo Securities acted as the underwriters for the IPO and B. Riley | FBR, BB&T Capital Markets, Janney Montgomery Scott, JMP Securities and Oppenheimer were co-managers.
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 $19.66.
How big of a company is Industrial Logistics Properties Trust?
Industrial Logistics Properties Trust has a market capitalization of $1.28 billion and generates $162.53 million in revenue each year. The company earns $74.39 million in net income (profit) each year or $1.61 on an earnings per share basis.
What is Industrial Logistics Properties Trust's official website?
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)
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.
