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 / Sales9.37
Cash Flow$1.6380 per share
Price / Cash13.77
Book Value$8.65 per share
Price / Book2.61
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. Stockholders 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 dividend yield of 4.79%. 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 earnings results on Friday, April, 27th. The company reported $0.31 EPS for the quarter, missing the Zacks' consensus estimate of $0.40 by $0.09. The company had revenue of $40.61 million for 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 brokerages have issued 1-year price objectives for Industrial Logistics Properties Trust's stock. Their forecasts range from $23.00 to $30.00. On average, they expect Industrial Logistics Properties Trust's share 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 CubeSmart (CUBE), CyrusOne (CONE), Howard Hughes (HHC), Hammerson (HMSNF), Brixmor Property Group (BRX), Healthcare Trust Of America (HTA), Store Capital (STOR), Highwoods Properties (HIW), Medical Properties Trust (MPW), Rayonier (RYN), EPR Properties (EPR), Hospitality Properties Trust (HPT), Life Storage (LSI), Gramercy Property Trust (GPT) and JBG SMITH Properties (JBGS).
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 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 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.
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 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. After the expiration of Industrial Logistics Properties Trust's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.
Has Industrial Logistics Properties Trust been receiving favorable news coverage?
News stories about ILPT stock have trended somewhat positive recently, according to Accern. The research firm identifies positive and negative press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Industrial Logistics Properties Trust earned a coverage optimism score of 0.17 on Accern's scale. They also assigned news articles about the company an impact score of 46.29 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect 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 major investors are buying Industrial Logistics Properties Trust stock?
ILPT stock was purchased 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 $22.5550.
How big of a company is Industrial Logistics Properties Trust?
Industrial Logistics Properties Trust has a market capitalization of $1.47 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.
