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

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Industrial Logistics Properties Trust in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" ILPT shares.
View ILPT analyst ratings or view top-rated stocks.

2 equities research analysts have issued 1-year price targets 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 250.9% 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 on January 1st, 2023. Since then, ILPT shares have decreased by 12.8% and is now trading at $2.85.
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Industrial Logistics Properties Trust saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 2,030,000 shares, an increase of 9.7% from the February 13th total of 1,850,000 shares. Based on an average daily trading volume, of 966,100 shares, the days-to-cover ratio is presently 2.1 days. Approximately 3.2% of the shares of the company are short sold.
View Industrial Logistics Properties Trust's Short Interest.

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

Industrial Logistics Properties Trust (NASDAQ:ILPT) announced its quarterly earnings data 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 net margin of 58.41% and a negative trailing twelve-month return on equity of 15.82%. During the same period in the prior year, the company earned $0.46 earnings per share.

Industrial Logistics Properties Trust announced a quarterly dividend on Thursday, January 12th. Investors 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 1.40%. The ex-dividend date is Friday, January 20th.
Read our dividend analysis for ILPT.

ETFs with the largest weight of Industrial Logistics Properties Trust (NASDAQ:ILPT) stock in their portfolio include NETLease Corporate Real Estate ETF (NETL), Invesco Active U.S. Real Estate ETF (PSR), Invesco S&P SmallCap 600 Pure Value ETF (RZV), Invesco S&P SmallCap 600 Equal Weight ETF (EWSC), Pacer Industrial Real Estate ETF (INDS), Invesco S&P SmallCap Financials ETF (PSCF), JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) and First Trust S&P REIT Index Fund (FRI).

Industrial Logistics Properties Trust (NASDAQ:ILPT) pays an annual dividend of $0.04 per share and currently has a dividend yield of 1.33%.
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 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 trades on the NASDAQ under the ticker symbol "ILPT."

Industrial Logistics Properties Trust's stock is owned by many different institutional and retail investors. Top institutional shareholders include Flat Footed LLC (5.28%), LSV Asset Management (3.04%), Morgan Stanley (2.35%), Geode Capital Management LLC (2.16%), Charles Schwab Investment Management Inc. (2.08%) and Dubuque Bank & Trust Co. (1.71%). 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 $2.85.

Industrial Logistics Properties Trust (NASDAQ:ILPT) has a market capitalization of $186.87 million and generates $388.15 million in revenue each year. The company earns $-226,720,000.00 in net income (profit) each year or ($3.48) 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.