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

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Industrial Logistics Properties Trust in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ILPT shares.
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2 brokerages have issued 12 month price targets for Industrial Logistics Properties Trust's stock. Their ILPT share price forecasts range from $11.00 to $11.00. On average, they anticipate the company's share price to reach $11.00 in the next twelve months. This suggests a possible upside of 177.8% from the stock's current price.
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Industrial Logistics Properties Trust's stock was trading at $3.27 at the beginning of 2023. Since then, ILPT stock has increased by 21.1% and is now trading at $3.96.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 14th 2023.
View our ILPT earnings forecast.

Industrial Logistics Properties Trust will be holding an earnings conference call on Wednesday, February 15th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "9022133".

Industrial Logistics Properties Trust (NASDAQ:ILPT) issued its earnings results on Monday, February, 14th. The company reported $0.97 EPS for the quarter, topping the consensus estimate of $0.28 by $0.69. Industrial Logistics Properties Trust had a negative trailing twelve-month return on equity of 9.74% and a negative net margin of 39.16%. During the same period in the previous year, the business posted $0.46 EPS.

Industrial Logistics Properties Trust announced a quarterly dividend on Thursday, January 12th. Stockholders of record on Monday, January 23rd will be paid a dividend of $0.01 per share on Thursday, February 16th. This represents a $0.04 annualized dividend and a yield of 1.01%. The ex-dividend date is Friday, January 20th.
Read our dividend analysis for ILPT.

Industrial Logistics Properties Trust (NASDAQ:ILPT) pays an annual dividend of $0.04 per share and currently has a dividend yield of 1.01%.
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 (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 variety of institutional and retail investors. Top institutional investors include Exchange Traded Concepts LLC (0.53%), Strs Ohio (0.21%), Yousif Capital Management LLC (0.06%), Comerica Bank (0.06%), Sequoia Financial Advisors LLC (0.05%) and Maryland State Retirement & Pension System (0.04%). Insiders that own company stock include 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 $3.96.

Industrial Logistics Properties Trust (NASDAQ:ILPT) has a market capitalization of $259.65 million and generates $219.87 million in revenue each year. The company earns $119.68 million in net income (profit) each year or ($2.03) 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.