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

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

Industrial Logistics Properties Trust announced a quarterly dividend on Friday, January 17th. Investors of record on Monday, January 27th will be given a dividend of $0.33 per share on Thursday, February 20th. This represents a $1.32 annualized dividend and a yield of 5.74%. The ex-dividend date of this dividend is Friday, January 24th. View Industrial Logistics Properties Trust's Dividend History.

Industrial Logistics Properties Trust (NASDAQ:ILPT) posted its quarterly earnings data on Tuesday, October, 29th. The company reported $0.17 EPS for the quarter, missing the Zacks' consensus estimate of $0.43 by $0.26. The firm earned $60.96 million during the quarter, compared to analyst estimates of $60.53 million. Industrial Logistics Properties Trust had a net margin of 28.27% and a return on equity of 5.80%. View Industrial Logistics Properties Trust's Earnings History.

Industrial Logistics Properties Trust is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Industrial Logistics Properties Trust.

3 brokers have issued 1-year target prices for Industrial Logistics Properties Trust's stock. Their forecasts range from $22.00 to $22.00. On average, they expect Industrial Logistics Properties Trust's share price to reach $22.00 in the next twelve months. This suggests that the stock has a possible downside of 4.3%. 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, 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.

News stories about ILPT stock have been trending somewhat positive on Tuesday, according to InfoTrie. The research group scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public 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 sentiment score of 2.0 on InfoTrie's scale. They also gave 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 impact on the company's share price in the near term. View News Stories for Industrial Logistics Properties Trust.

Industrial Logistics Properties Trust saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 3,950,000 shares, an increase of 41.6% from the December 15th total of 2,790,000 shares. Based on an average daily volume of 676,700 shares, the days-to-cover ratio is currently 5.8 days. Currently, 6.1% of the shares of the company are sold short. View Industrial Logistics Properties Trust's Current Options Chain.

Some companies that are related to Industrial Logistics Properties Trust include EPR Properties (EPR), JBG SMITH Properties (JBGS), First Industrial Realty Trust (FR), Howard Hughes (HHC), Life Storage (LSI), Rexford Industrial Realty (REXR), Eastgroup Properties (EGP), Highwoods Properties (HIW), Blackstone Mortgage Trust (BXMT), Ryman Hospitality Properties (RHP), PS Business Parks (PSB), Stag Industrial (STAG), Healthcare Realty Trust (HR), Sabra Health Care REIT (SBRA) and CoreSite Realty (COR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Industrial Logistics Properties Trust investors own include Verizon Communications (VZ), Smart Global (SGH), Office Properties Income Trust (OPI), Halliburton (HAL), ANNALY CAP MGMT/SH (NLY), New Residential Investment (NRZ), AT&T (T), AGNC Investment (AGNC), America First Multifamily Investors (ATAX) and Prospect Capital (PSEC).

(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 stock is owned by many different of retail and institutional investors. Top institutional investors include Garner Asset Management Corp (0.29%), State of Alaska Department of Revenue (0.10%), Louisiana State Employees Retirement System (0.03%), Nisa Investment Advisors LLC (0.03%) and Zurcher Kantonalbank Zurich Cantonalbank (0.02%).

ILPT stock was sold by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC and Zurcher Kantonalbank Zurich Cantonalbank .

ILPT stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Garner Asset Management Corp and Louisiana State Employees Retirement System.

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 $22.98.

Industrial Logistics Properties Trust has a market capitalization of $1.50 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. View Additional Information About Industrial Logistics Properties Trust.

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]