NASDAQ:ILPT - Industrial Logistics Properties Trust Stock Price, Price Target & More

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

Industrial Logistics Properties Trust announced a quarterly dividend on Thursday, April 19th. Shareholders of record on Monday, April 30th will be paid a dividend of $0.27 per share on Monday, May 14th. This represents a $1.08 dividend on an annualized basis and a yield of 5.20%. The ex-dividend date of this dividend is Friday, April 27th. View Industrial Logistics Properties Trust's Dividend History.

Industrial Logistics Properties Trust is scheduled to release their next quarterly earnings announcement on Friday, April, 27th 2018. View Earnings Estimates for Industrial Logistics Properties Trust.

5 brokers have issued 12-month price targets for Industrial Logistics Properties Trust's stock. Their predictions range from $23.00 to $30.00. On average, they expect Industrial Logistics Properties Trust's stock price to reach $26.20 in the next twelve months. View Analyst Ratings for Industrial Logistics Properties Trust.

Some companies that are related to Industrial Logistics Properties Trust include Empire State Realty (ESRT), DDR (DDR), Great Portland Est (GPEAF), Outfront Media (OUT), Retail Properties of America (RPAI), Education Realty Trust (EDR), Columbia Property Trust (CXP), Pebblebrook Hotel (PEB), CoreCivic (CXW), STAG Industrial (STAG), Rexford Industrial Realty (REXR), Diamondrock Hospitality (DRH), Washington Real Estate Investment Trust (WRE), PotlatchDeltic (PCH), Tanger Factory Outlet Centers (SKT), MGM Growth Properties (MGP), Acadia Realty Trust (AKR) and Retail Opportunity Investments (ROIC).

(ILPT) raised $590 million in an initial public offering (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 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.

Industrial Logistics Properties Trust's quiet period expired on Wednesday, February 21st. Industrial Logistics Properties Trust had issued 20,000,000 shares in its IPO on January 12th. The total size of the offering was $480,000,000 based on an initial share price of $24.00. During Industrial Logistics Properties Trust's quiet period, insiders and any underwriters that worked on the IPO were prevented from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on the company.

Media stories about ILPT stock have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Industrial Logistics Properties Trust earned a coverage optimism score of 0.19 on Accern's scale. They also assigned news headlines about the company an impact score of 46.57 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

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 $20.78.

Industrial Logistics Properties Trust has a market capitalization of $1.38 billion and generates $156.50 million in revenue each year.

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.