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 (WHO). Since then, ILPT shares have increased by 1.6% and is now trading at $18.88. 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) posted its quarterly earnings data on Thursday, April, 30th. The company reported $0.20 EPS for the quarter, missing analysts' consensus estimates of $0.26 by $0.06. The business earned $64.28 million during the quarter, compared to analyst estimates of $63.20 million. Industrial Logistics Properties Trust had a return on equity of 4.72% and a net margin of 19.62%. View Industrial Logistics Properties Trust's earnings history.

Industrial Logistics Properties Trust declared a quarterly dividend on Tuesday, April 7th. Investors of record on Thursday, April 16th will be paid a dividend of $0.33 per share on Thursday, May 21st. This represents a $1.32 dividend on an annualized basis and a yield of 6.99%. The ex-dividend date of this dividend is Wednesday, April 15th. View Industrial Logistics Properties Trust's dividend history.

3 Wall Street 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 29.8% from the stock's current price. View analysts' price targets for Industrial Logistics Properties Trust.

Headlines about ILPT stock have been trending very positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Industrial Logistics Properties Trust earned a news impact 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, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutIndustrial Logistics Properties Trust.

Industrial Logistics Properties Trust saw a decline in short interest in the month of April. As of April 30th, there was short interest totaling 2,000,000 shares, a decline of 13.8% from the April 15th total of 2,320,000 shares. Based on an average trading volume of 448,000 shares, the days-to-cover ratio is currently 4.5 days. Approximately 3.1% of the shares of the company are short sold. 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), Stag Industrial (STAG), Highwoods Properties (HIW) 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 IPO 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 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 bought 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 $18.88.

Industrial Logistics Properties Trust has a market capitalization of $1.23 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]