Industrial Logistics Properties Trust - ILPT Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Industrial Logistics Properties Trust in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" ILPT shares.
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2 brokers have issued 12-month price targets for Industrial Logistics Properties Trust's stock. Their ILPT share price forecasts range from $11.00 to $11.00. On average, they expect the company's share price to reach $11.00 in the next year. This suggests a possible upside of 182.8% from the stock's current price.
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Industrial Logistics Properties Trust's stock was trading at $25.05 at the beginning of 2022. Since then, ILPT stock has decreased by 84.5% and is now trading at $3.89.
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Industrial Logistics Properties Trust saw a increase in short interest in November. As of November 15th, there was short interest totaling 1,610,000 shares, an increase of 8.1% from the October 31st total of 1,490,000 shares. Based on an average daily volume of 1,370,000 shares, the days-to-cover ratio is currently 1.2 days. Approximately 2.5% of the company's stock are short sold.
View Industrial Logistics Properties Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 21st 2023.
View our ILPT earnings forecast.

Industrial Logistics Properties Trust (NASDAQ:ILPT) released its quarterly earnings results on Monday, February, 14th. The company reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.69. Industrial Logistics Properties Trust had a negative net margin of 39.16% and a negative trailing twelve-month return on equity of 9.74%. During the same quarter in the previous year, the company earned $0.46 earnings per share.

Industrial Logistics Properties Trust announced a quarterly dividend on Thursday, October 13th. Shareholders of record on Monday, October 24th will be paid a dividend of $0.01 per share on Thursday, November 17th. This represents a $0.04 annualized dividend and a dividend yield of 1.03%. The ex-dividend date of this dividend is Friday, October 21st.
Read our dividend analysis for ILPT.

Industrial Logistics Properties Trust (NASDAQ:ILPT) pays an annual dividend of $0.04 per share and currently has a dividend yield of 1.03%.
Read our dividend analysis for ILPT.

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).

(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.

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

Industrial Logistics Properties Trust's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (16.57%), BlackRock Inc. (16.43%), State Street Corp (4.64%), LSV Asset Management (3.35%), Pacer Advisors Inc. (1.60%) and Marshall Wace LLP (1.54%). Insiders that own company stock include Kevin C Phelan and Kevin C Phelan.
View institutional ownership trends.

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.
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One share of ILPT stock can currently be purchased for approximately $3.89.

Industrial Logistics Properties Trust (NASDAQ:ILPT) has a market capitalization of $255.07 million and generates $219.87 million in revenue each year. The company earns $119.68 million in net income (profit) each year or ($2.03) on an earnings per share basis.

Industrial Logistics Properties Trust's mailing address is TWO NEWTON PLACE 255 WASHINGTON STREET SUITE 300, NEWTON MA, 02458. The official website for the company is www.ilptreit.com. The company can be reached via phone at (617) 219-1460 or via email at ir@ilptreit.com.