NASDAQ:ILPTIndustrial Logistics Properties Trust Stock Price, Forecast & News

Industrial Logistics Properties Trust's stock was trading at $18.59 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ILPT shares have increased by 0.9% and is now trading at $18.75. View which stocks have been most impacted by Coronavirus.

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.

Industrial Logistics Properties Trust is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Industrial Logistics Properties Trust.

Industrial Logistics Properties Trust (NASDAQ:ILPT) issued its quarterly earnings results on Thursday, April, 30th. The company reported $0.20 EPS for the quarter, missing the Zacks' consensus estimate of $0.26 by $0.06. The firm earned $64.28 million during the quarter, compared to the consensus estimate of $63.20 million. Industrial Logistics Properties Trust had a net margin of 19.62% and a return on equity of 4.72%. View Industrial Logistics Properties Trust's earnings history.

Industrial Logistics Properties Trust announced a quarterly dividend on Tuesday, April 7th. Stockholders of record on Thursday, April 16th will be given a dividend of $0.33 per share on Thursday, May 21st. This represents a $1.32 annualized dividend and a yield of 7.04%. The ex-dividend date is Wednesday, April 15th. View Industrial Logistics Properties Trust's dividend history.

3 equities research analysts have issued 1 year price targets for Industrial Logistics Properties Trust's stock. Their forecasts range from $22.00 to $27.00. On average, they expect Industrial Logistics Properties Trust's stock price to reach $24.50 in the next year. This suggests a possible upside of 30.7% from the stock's current price. View analysts' price targets for Industrial Logistics Properties Trust.

News headlines about ILPT stock have trended very positive recently, according to InfoTrie Sentiment. The research firm rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Industrial Logistics Properties Trust earned a coverage optimism score of 3.5 on InfoTrie's scale. They also assigned news stories 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 stock's share price in the near future. View the latest news aboutIndustrial Logistics Properties Trust.

Industrial Logistics Properties Trust saw a decrease in short interest in April. As of April 30th, there was short interest totaling 2,000,000 shares, a decrease of 13.8% from the April 15th total of 2,320,000 shares. Based on an average daily volume of 448,000 shares, the short-interest ratio is presently 4.5 days. Currently, 3.1% of the shares of the stock are sold short. View Industrial Logistics Properties Trust's Current Options Chain.

Some companies that are related to Industrial Logistics Properties Trust include First Industrial Realty Trust (FR), Kimco Realty (KIM), CoreSite Realty (COR), Store Capital (STOR), Rexford Industrial Realty (REXR), Cousins Properties (CUZ), Life Storage (LSI), Eastgroup Properties (EGP), American Campus Communities (ACC), Healthcare Realty Trust (HR), QTS Realty Trust (QTS), Equity Commonwealth (EQC), Highwoods Properties (HIW), Stag Industrial (STAG) and JBG SMITH Properties (JBGS). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Industrial Logistics Properties Trust investors own include Verizon Communications (VZ), AT&T (T), Halliburton (HAL), AbbVie (ABBV), Bristol-Myers Squibb (BMY), Chevron (CVX), Altria Group (MO), ANNALY CAP MGMT/SH (NLY), PepsiCo (PEP) and Pfizer (PFE).

(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 a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (17.36%), Massachusetts Financial Services Co. MA (9.46%), State Street Corp (4.41%), Principal Financial Group Inc. (1.93%), Invesco Ltd. (1.93%) and Bank of New York Mellon Corp (1.63%).

ILPT stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Emerald Advisers LLC, Deutsche Bank AG, CSS LLC IL, Peregrine Capital Management LLC, Shikiar Asset Management Inc., and CNH Partners LLC.

ILPT stock was purchased by a variety of institutional investors in the last quarter, including Invesco Ltd., BlackRock Inc., State Street Corp, JPMorgan Chase & Co., Fuller & Thaler Asset Management Inc., Mackay Shields LLC, Alliancebernstein L.P., and Geode Capital Management LLC.

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 $18.75.

Industrial Logistics Properties Trust has a market capitalization of $1.22 billion and generates $229.23 million in revenue each year. The company earns $52.50 million in net income (profit) each year or $1.76 on an earnings per share basis.

The official website for Industrial Logistics Properties Trust is 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]