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 declared a quarterly dividend on Thursday, April 19th. Investors 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 4.81%. The ex-dividend date is Friday, April 27th. View Industrial Logistics Properties Trust's Dividend History.

Industrial Logistics Properties Trust (NASDAQ:ILPT) announced its quarterly earnings data on Friday, April, 27th. The company reported $0.31 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.40 by $0.09. The business earned $40.61 million during the quarter, compared to analysts' expectations of $39.81 million. View Industrial Logistics Properties Trust's Earnings History.

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

5 Wall Street analysts have issued 1 year price targets for Industrial Logistics Properties Trust's shares. 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 Howard Hughes (HHC), CyrusOne (CONE), CubeSmart (CUBE), Hammerson (HMSNF), Store Capital (STOR), Brixmor Property Group (BRX), Healthcare Trust Of America (HTA), Medical Properties Trust (MPW), Highwoods Properties (HIW), Rayonier (RYN), EPR Properties (EPR), Hospitality Properties Trust (HPT), JBG SMITH Properties (JBGS), Gramercy Property Trust (GPT) and Life Storage (LSI).

(ILPT) raised $590 million in an initial public offering 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 lock-up period expires on Wednesday, July 11th. 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. After the expiration of Industrial Logistics Properties Trust's lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Media coverage about ILPT stock has been trending somewhat positive on Monday, according to Accern. Accern identifies negative and positive media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Industrial Logistics Properties Trust earned a news sentiment score of 0.18 on Accern's scale. They also gave media coverage about the company an impact score of 45.04 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Industrial Logistics Properties Trust's stock is owned by a number of of retail and institutional investors. Top institutional investors include Zimmer Partners LP (2.93%), BlackRock Inc. (1.56%), Westfield Capital Management Co. LP (1.35%), Yost Capital Management L.L.C. (1.23%), Northern Trust Corp (0.32%) and Citadel Advisors LLC (0.25%). View Institutional Ownership Trends for Industrial Logistics Properties Trust.

ILPT stock was acquired by a variety of institutional investors in the last quarter, including Zimmer Partners LP, BlackRock Inc., Westfield Capital Management Co. LP, Yost Capital Management L.L.C., Northern Trust Corp, Citadel Advisors LLC, State of New Jersey Common Pension Fund D and Foresters Investment Management Company Inc.. View Insider Buying and Selling for Industrial Logistics Properties Trust.

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 $22.47.

Industrial Logistics Properties Trust has a market capitalization of $1.44 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 or via email at [email protected]