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

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Industrial Logistics Properties Trust in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ILPT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ILPT, but not buy additional shares or sell existing shares.
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4 brokers have issued 12-month target prices for Industrial Logistics Properties Trust's shares. Their ILPT share price forecasts range from $21.00 to $28.00. On average, they expect the company's share price to reach $24.67 in the next year. This suggests a possible upside of 156.1% 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 the year. Since then, ILPT stock has decreased by 61.6% and is now trading at $9.63.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
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Industrial Logistics Properties Trust (NASDAQ:ILPT) released its quarterly earnings data on Monday, February, 14th. The company reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.69. Industrial Logistics Properties Trust had a negative net margin of 23.63% and a negative trailing twelve-month return on equity of 5.40%. During the same quarter in the prior year, the business earned $0.46 earnings per share.

Industrial Logistics Properties Trust declared a quarterly dividend on Thursday, July 14th. Investors of record on Monday, July 25th will be given a dividend of $0.01 per share on Thursday, August 18th. This represents a $0.04 dividend on an annualized basis and a yield of 0.42%. The ex-dividend date is Friday, July 22nd.
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 0.41%.
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 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 trades on the NASDAQ under the ticker symbol "ILPT."

Industrial Logistics Properties Trust's stock is owned by many different institutional and retail investors. Top institutional investors include Massachusetts Financial Services Co. MA (3.19%), Northern Trust Corp (1.36%), Principal Financial Group Inc. (1.29%), JPMorgan Chase & Co. (0.78%), UBS Asset Management Americas Inc. (0.46%) and Garner Asset Management Corp (0.46%). Insiders that own company stock include Kevin C Phelan and Kevin C Phelan.
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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 $9.63.

Industrial Logistics Properties Trust (NASDAQ:ILPT) has a market capitalization of $630.06 million and generates $219.87 million in revenue each year. The company earns $119.68 million in net income (profit) each year or ($1.05) 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.