Industrial Logistics Properties Trust (ILPT) Stock Forecast, Price & News

1 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 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" ILPT shares.
View ILPT analyst ratings or view top-rated stocks.

1 brokerages have issued 12 month price objectives for Industrial Logistics Properties Trust's shares. Their ILPT share price forecasts range from $10.00 to $10.00. On average, they anticipate the company's stock price to reach $10.00 in the next year. This suggests a possible upside of 418.1% from the stock's current price.
View analysts price targets for ILPT or view top-rated stocks among Wall Street analysts.

Industrial Logistics Properties Trust's stock was trading at $3.27 at the beginning of the year. Since then, ILPT stock has decreased by 41.0% and is now trading at $1.93.
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Industrial Logistics Properties Trust saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 2,450,000 shares, an increase of 31.0% from the April 30th total of 1,870,000 shares. Based on an average daily trading volume, of 1,530,000 shares, the days-to-cover ratio is presently 1.6 days. Approximately 3.8% of the company's shares are sold short.
View Industrial Logistics Properties Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023.
View our ILPT earnings forecast.

Industrial Logistics Properties Trust (NASDAQ:ILPT) released its quarterly earnings results on Monday, February, 14th. The company reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.69. Industrial Logistics Properties Trust had a negative net margin of 57.38% and a negative trailing twelve-month return on equity of 18.10%. During the same quarter last year, the firm posted $0.46 EPS.

Industrial Logistics Properties Trust declared a quarterly dividend on Thursday, April 13th. Investors of record on Monday, April 24th will be paid a dividend of $0.01 per share on Thursday, May 18th. This represents a $0.04 annualized dividend and a yield of 2.07%. The ex-dividend date is Friday, April 21st.
Read our dividend analysis for ILPT.

ETFs with the largest weight of Industrial Logistics Properties Trust (NASDAQ:ILPT) stock in their portfolio include Invesco Active U.S. Real Estate ETF (PSR), NETLease Corporate Real Estate ETF (NETL), Pacer Industrial Real Estate ETF (INDS), iShares Core U.S. REIT ETF (USRT), SPDR Dow Jones REIT ETF (RWR), First Trust S&P REIT Index Fund (FRI), Vanguard Real Estate ETF (VNQ) and Schwab U.S. REIT ETF (SCHH).

Industrial Logistics Properties Trust (NASDAQ:ILPT) pays an annual dividend of $0.04 per share and currently has a dividend yield of 2.21%.
Read our dividend analysis for ILPT.

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 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 trades on the NASDAQ under the ticker symbol "ILPT."

Industrial Logistics Properties Trust's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.54%), State Street Corp (3.01%), LSV Asset Management (2.68%), Balyasny Asset Management L.P. (2.57%), Charles Schwab Investment Management Inc. (2.39%) and Geode Capital Management LLC (2.20%). Insiders that own company stock include Brian E Donley, Joseph Morea, Kevin C Phelan and Kevin C Phelan.
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Shares of ILPT stock 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.
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One share of ILPT stock can currently be purchased for approximately $1.93.

Industrial Logistics Properties Trust (NASDAQ:ILPT) has a market capitalization of $126.55 million and generates $388.15 million in revenue each year. The company earns $-226,720,000.00 in net income (profit) each year or ($3.76) on an earnings per share basis.

Industrial Logistics Properties Trust's mailing address is TWO NEWTON PLACE 255 WASHINGTON STREET SUITE 300, NEWTON MA, 02458. The official website for the company is www.ilptreit.com. The company can be reached via phone at (617) 219-1460 or via email at ir@ilptreit.com.