Industrial Logistics Properties Trust Stock Price, News & Analysis (NASDAQ:ILPT)

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

Industrial Logistics Properties Trust announced a quarterly dividend on Thursday, July 18th. Shareholders of record on Monday, July 29th will be paid a dividend of $0.33 per share on Thursday, August 15th. This represents a $1.32 dividend on an annualized basis and a yield of 6.06%. The ex-dividend date of this dividend is Friday, July 26th. View Industrial Logistics Properties Trust's Dividend History.

Industrial Logistics Properties Trust (NASDAQ:ILPT) posted its quarterly earnings data on Tuesday, July, 30th. The company reported $0.20 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.44 by $0.24. The company had revenue of $60.09 million for the quarter, compared to the consensus estimate of $56.59 million. Industrial Logistics Properties Trust had a net margin of 35.17% and a return on equity of 6.47%. View Industrial Logistics Properties Trust's Earnings History.

Industrial Logistics Properties Trust is scheduled to release their next quarterly earnings announcement on Friday, October 25th 2019. View Earnings Estimates for Industrial Logistics Properties Trust.

3 brokers have issued twelve-month price objectives for Industrial Logistics Properties Trust's shares. Their forecasts range from $22.00 to $29.00. On average, they anticipate Industrial Logistics Properties Trust's stock price to reach $25.50 in the next year. This suggests a possible upside of 17.1% from the stock's current price. View Analyst Price Targets 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, 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Industrial Logistics Properties Trust.

News articles about ILPT stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Industrial Logistics Properties Trust earned a daily sentiment score of -1.3 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Industrial Logistics Properties Trust.

Some companies that are related to Industrial Logistics Properties Trust include Howard Hughes (HHC), Cousins Properties (CUZ), JBG SMITH Properties (JBGS), First Industrial Realty Trust (FR), PS Business Parks (PSB), Blackstone Mortgage Trust (BXMT), Life Storage (LSI), Rexford Industrial Realty (REXR), Eastgroup Properties (EGP), Highwoods Properties (HIW), Macerich (MAC), CoreSite Realty (COR), Healthcare Realty Trust (HR), Sabra Health Care REIT (SBRA) and Ryman Hospitality Properties (RHP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Industrial Logistics Properties Trust investors own include Verizon Communications (VZ), Smart Global (SGH), America First Multifamily Investors (ATAX), Sorrento Therapeutics (SRNE), Halliburton (HAL), ANNALY CAP MGMT/SH (NLY), Automatic Data Processing (ADP), Broadcom (AVGO), Office Properties Income Trust (OPI) and PepsiCo (PEP).

(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 stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (14.66%), BlackRock Inc. (8.98%), Cohen & Steers Inc. (7.23%), Indaba Capital Management L.P. (3.90%), LSV Asset Management (3.44%) and LSV Asset Management (2.67%).

ILPT stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., BlackRock Inc., Cohen & Steers Inc., Indaba Capital Management L.P., LSV Asset Management, LSV Asset Management, Northern Trust Corp and Russell Investments Group Ltd..

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, Robinhood, Fidelity and Charles Schwab.

One share of ILPT stock can currently be purchased for approximately $21.78.

Industrial Logistics Properties Trust has a market capitalization of $1.42 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. View Additional Information About Industrial Logistics Properties Trust.

The official website for Industrial Logistics Properties Trust is http://www.ilptreit.com/.

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]