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

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

Industrial Logistics Properties Trust declared a quarterly dividend on Friday, January 18th. Stockholders of record on Monday, January 28th will be paid a dividend of $0.33 per share on Thursday, February 21st. This represents a $1.32 annualized dividend and a dividend yield of 6.61%. The ex-dividend date of this dividend is Friday, January 25th. View Industrial Logistics Properties Trust's Dividend History.

Industrial Logistics Properties Trust (NASDAQ:ILPT) released its quarterly earnings results on Wednesday, February, 20th. The company reported $0.28 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.41 by $0.13. The company had revenue of $42.07 million for the quarter, compared to the consensus estimate of $41.34 million. Industrial Logistics Properties Trust had a net margin of 45.77% and a return on equity of 7.21%. View Industrial Logistics Properties Trust's Earnings History.

Industrial Logistics Properties Trust is scheduled to release their next quarterly earnings announcement on Friday, April 26th 2019. View Earnings Estimates for Industrial Logistics Properties Trust.

3 Wall Street analysts have issued 12 month price targets for Industrial Logistics Properties Trust's shares. Their forecasts range from $25.00 to $29.00. On average, they expect Industrial Logistics Properties Trust's share price to reach $26.6667 in the next twelve months. This suggests a possible upside of 33.6% 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 and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Industrial Logistics Properties Trust.

Media stories about ILPT stock have trended somewhat positive recently, according to InfoTrie. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news 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 media sentiment score of 1.7 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future.

Industrial Logistics Properties Trust saw a increase in short interest in February. As of February 15th, there was short interest totalling 1,018,294 shares, an increase of 31.6% from the January 31st total of 773,560 shares. Based on an average daily trading volume, of 239,677 shares, the days-to-cover ratio is presently 4.2 days. Currently, 1.6% of the company's shares are sold short. View Industrial Logistics Properties Trust's Current Options Chain.

Some companies that are related to Industrial Logistics Properties Trust include Brixmor Property Group (BRX), JBG SMITH Properties (JBGS), Howard Hughes (HHC), Highwoods Properties (HIW), AmeriCold Realty Trust (COLD), Life Storage (LSI), First Industrial Realty Trust (FR), Blackstone Mortgage Trust (BXMT), Hospitality Properties Trust (HPT), Ryman Hospitality Properties (RHP), Pebblebrook Hotel Trust (PEB), Cousins Properties (CUZ), PS Business Parks (PSB), Equity Commonwealth (EQC) and Eastgroup Properties (EGP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Industrial Logistics Properties Trust investors own include Verizon Communications (VZ), Cisco Systems (CSCO), Alibaba Group (BABA), Honeywell International (HON), Thermo Fisher Scientific (TMO), Home Depot (HD), Mcdonald's (MCD), Raytheon (RTN), NVIDIA (NVDA) and CSX (CSX).

(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.

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 $19.96.

Industrial Logistics Properties Trust has a market capitalization of $1.30 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.

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]