NASDAQ:ILPT - Industrial Logistics Properties Trust Stock Price, Price Target & More

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

Industrial Logistics Properties Trust announced a quarterly dividend on Thursday, July 19th. Investors of record on Monday, July 30th will be given a dividend of $0.33 per share on Monday, August 13th. This represents a $1.32 annualized dividend and a dividend yield of 5.74%. The ex-dividend date is Friday, July 27th. This is a positive change from Industrial Logistics Properties Trust's previous quarterly dividend of $0.27. View Industrial Logistics Properties Trust's Dividend History.

Industrial Logistics Properties Trust (NASDAQ:ILPT) announced its quarterly earnings results on Friday, April, 27th. The company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by $0.09. The firm earned $40.61 million during the quarter, compared to the consensus estimate of $39.81 million. View Industrial Logistics Properties Trust's Earnings History.

Industrial Logistics Properties Trust is scheduled to release their next quarterly earnings announcement on Friday, July, 27th 2018. View Earnings Estimates for Industrial Logistics Properties Trust.

5 brokerages have issued twelve-month price objectives for Industrial Logistics Properties Trust's shares. Their forecasts range from $23.00 to $30.00. On average, they expect Industrial Logistics Properties Trust's stock price to reach $26.20 in the next year. This suggests a possible upside of 13.9% from the stock's current price. View Analyst Ratings for Industrial Logistics Properties Trust.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Industrial Logistics Properties Trust in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Industrial Logistics Properties Trust include Starwood Property Trust (STWD), American Campus Communities (ACC), CubeSmart (CUBE), Hammerson (HMSNF), Store Capital (STOR), Healthcare Trust Of America (HTA), Brixmor Property Group (BRX), Highwoods Properties (HIW), Medical Properties Trust (MPW), EPR Properties (EPR), Rayonier (RYN), Hospitality Properties Trust (HPT), Gramercy Property Trust (GPT), Life Storage (LSI) and Ryman Hospitality Properties (RHP).

(ILPT) raised $590 million in an initial public offering 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 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.

Industrial Logistics Properties Trust's lock-up period expired on Wednesday, July 11th. Industrial Logistics Properties Trust had issued 20,000,000 shares in its IPO on January 12th. The total size of the offering was $480,000,000 based on an initial share price of $24.00. Since the expiration of Industrial Logistics Properties Trust's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company have been lifted.

News headlines about ILPT stock have been trending somewhat negative on Saturday, Accern Sentiment reports. The research group scores the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Industrial Logistics Properties Trust earned a news impact score of -0.17 on Accern's scale. They also gave media headlines about the company an impact score of 48.00 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Industrial Logistics Properties Trust's stock is owned by many different of retail and institutional investors. Top institutional shareholders include LDR Capital Management LLC (0.40%), Pensionfund DSM Netherlands (0.07%), Pensionfund Sabic (0.03%) and State of Alaska Department of Revenue (0.01%). View Institutional Ownership Trends for Industrial Logistics Properties Trust.

ILPT stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. View Insider Buying and Selling for Industrial Logistics Properties Trust.

ILPT stock was bought by a variety of institutional investors in the last quarter, including LDR Capital Management LLC, Pensionfund DSM Netherlands and Pensionfund Sabic. View Insider Buying and Selling for 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.

One share of ILPT stock can currently be purchased for approximately $23.00.

Industrial Logistics Properties Trust has a market capitalization of $1.48 billion and generates $156.50 million in revenue each year.

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]