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

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

Industrial Logistics Properties Trust announced a quarterly dividend on Friday, October 19th. Investors of record on Monday, October 29th will be given a dividend of $0.33 per share on Monday, November 12th. This represents a $1.32 dividend on an annualized basis and a yield of 6.02%. The ex-dividend date of this dividend is Friday, October 26th. View Industrial Logistics Properties Trust's Dividend History.

Industrial Logistics Properties Trust (NASDAQ:ILPT) posted its quarterly earnings results on Friday, October, 26th. The company reported $0.28 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.41 by $0.13. The business earned $40.43 million during the quarter, compared to the consensus estimate of $40.29 million. Industrial Logistics Properties Trust had a net margin of 44.65% and a return on equity of 7.80%. View Industrial Logistics Properties Trust's Earnings History.

Industrial Logistics Properties Trust is scheduled to release their next quarterly earnings announcement on Friday, January 25th 2019. View Earnings Estimates for Industrial Logistics Properties Trust.

5 analysts have issued 1 year price targets for Industrial Logistics Properties Trust's shares. Their predictions range from $23.00 to $29.00. On average, they expect Industrial Logistics Properties Trust's share price to reach $25.80 in the next year. This suggests a possible upside of 17.8% from the stock's current price. View Analyst Price Targets for Industrial Logistics Properties Trust.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Industrial Logistics Properties Trust in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Industrial Logistics Properties Trust.

Media coverage about ILPT stock has been trending somewhat positive on Thursday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by analyzing 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 media sentiment score of 1.6 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days.

Industrial Logistics Properties Trust saw a increase in short interest during the month of October. As of October 15th, there was short interest totalling 3,469,672 shares, an increase of 101.6% from the September 28th total of 1,720,762 shares. Based on an average trading volume of 595,708 shares, the short-interest ratio is presently 5.8 days. Currently, 17.4% 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 Healthcare Trust Of America (HTA), EPR Properties (EPR), JBG SMITH Properties (JBGS), Howard Hughes (HHC), Brixmor Property Group (BRX), Life Storage (LSI), Highwoods Properties (HIW), Hospitality Properties Trust (HPT), Hammerson (HMSNF), Blackstone Mortgage Trust (BXMT), Rayonier (RYN), First Industrial Realty Trust (FR), AmeriCold Realty Trust (COLD), Ryman Hospitality Properties (RHP) and LaSalle Hotel Properties (LHO).

(ILPT) raised $590 million in an initial public offering (IPO) on Friday, January 12th 2018. The company issued 20,000,000 shares at a price of $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 a variety of of institutional and retail investors. Top institutional shareholders include Cohen & Steers Inc. (8.47%), Massachusetts Financial Services Co. MA (2.31%), BlackRock Inc. (2.21%), TCW Group Inc. (0.89%), Emerald Advisers Inc. PA (0.84%) and First Sabrepoint Capital Management LP (0.71%).

ILPT stock was sold by a variety of institutional investors in the last quarter, including Indaba Capital Management L.P., Cohen & Steers Inc., State of New Jersey Common Pension Fund D, Martingale Asset Management L P, LDR Capital Management LLC, Emerald Advisers Inc. PA, TIAA CREF Investment Management LLC and Morgan Stanley.

ILPT stock was acquired by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Nordea Investment Management AB, Russell Investments Group Ltd., TCW Group Inc., Citadel Advisors LLC, BlackRock Inc., Monashee Investment Management LLC and JRM Investment Counsel 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, Scottrade, Fidelity and Charles Schwab.

One share of ILPT stock can currently be purchased for approximately $21.91.

Industrial Logistics Properties Trust has a market capitalization of $1.40 billion and generates $156.50 million in revenue each year.

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]