Industrial Logistics Properties Trust Stock Forecast, Price & 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 18.5% and is now trading at $22.03.
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4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Industrial Logistics Properties Trust in the last twelve months. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Industrial Logistics Properties Trust stock. 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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Industrial Logistics Properties Trust is scheduled to release its next quarterly earnings announcement on Wednesday, February 17th 2021.
View our earnings forecast for Industrial Logistics Properties Trust.

Industrial Logistics Properties Trust will be holding an earnings conference call on Wednesday, February 17th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Industrial Logistics Properties Trust (NASDAQ:ILPT) issued its quarterly earnings results on Wednesday, October, 28th. The company reported $0.22 EPS for the quarter, missing analysts' consensus estimates of $0.47 by $0.25. Industrial Logistics Properties Trust had a net margin of 20.82% and a trailing twelve-month return on equity of 5.02%.
View Industrial Logistics Properties Trust's earnings history.

Industrial Logistics Properties Trust declared a quarterly dividend on Friday, January 15th. Investors of record on Monday, January 25th will be paid a dividend of $0.33 per share on Thursday, February 18th. This represents a $1.32 annualized dividend and a yield of 5.99%. The ex-dividend date of this dividend is Friday, January 22nd.
View Industrial Logistics Properties Trust's dividend history.

Industrial Logistics Properties Trust pays an annual dividend of $1.32 per share and currently has a dividend yield of 5.94%. ILPT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Industrial Logistics Properties Trust does not yet have a strock track record of dividend growth. The dividend payout ratio of Industrial Logistics Properties Trust is 75.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Industrial Logistics Properties Trust will have a dividend payout ratio of 70.21% next year. This indicates that Industrial Logistics Properties Trust will be able to sustain or increase its dividend.
View Industrial Logistics Properties Trust's dividend history.

4 brokerages have issued 12 month target prices for Industrial Logistics Properties Trust's stock. Their forecasts range from $20.00 to $29.00. On average, they anticipate Industrial Logistics Properties Trust's share price to reach $24.50 in the next year. This suggests a possible upside of 11.2% from the stock's current price.
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Some companies that are related to Industrial Logistics Properties Trust include American Campus Communities (ACC), Starwood Property Trust (STWD), EastGroup Properties (EGP), CoreSite Realty (COR), First Industrial Realty Trust (FR), Brixmor Property Group (BRX), Hannon Armstrong Sustainable Infrastructure Capital (HASI), Douglas Emmett (DEI), Cousins Properties (CUZ), The Howard Hughes (HHC), STAG Industrial (STAG), SL Green Realty (SLG), Rayonier (RYN), Healthcare Realty Trust (HR) and JBG SMITH Properties (JBGS).
View all of ILPT's competitors.

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 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 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 Peregrine Capital Management LLC (0.89%), Pacer Advisors Inc. (0.42%), Exchange Traded Concepts LLC (0.12%) and State of Alaska Department of Revenue (0.11%).

ILPT stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, and Exchange Traded Concepts LLC.

ILPT stock was bought by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, and Pacer Advisors Inc..

Shares of ILPT 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.

One share of ILPT stock can currently be purchased for approximately $22.03.

Industrial Logistics Properties Trust has a market capitalization of $1.44 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]