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

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

Industrial Logistics Properties Trust announced a quarterly dividend on Friday, January 17th. Shareholders of record on Monday, January 27th will be paid a dividend of $0.33 per share on Thursday, February 20th. This represents a $1.32 dividend on an annualized basis and a yield of 5.58%. The ex-dividend date is Friday, January 24th. View Industrial Logistics Properties Trust's Dividend History.

Industrial Logistics Properties Trust (NASDAQ:ILPT) announced its quarterly earnings results on Tuesday, October, 29th. The company reported $0.17 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.43 by $0.26. The business earned $60.96 million during the quarter, compared to the consensus estimate of $60.53 million. Industrial Logistics Properties Trust had a return on equity of 5.80% and a net margin of 28.27%. View Industrial Logistics Properties Trust's Earnings History.

Industrial Logistics Properties Trust is scheduled to release their next quarterly earnings announcement on Monday, February 24th 2020. View Earnings Estimates for Industrial Logistics Properties Trust.

Industrial Logistics Properties Trust will be holding an earnings conference call on Monday, February 24th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

3 brokerages have issued 1-year target prices for Industrial Logistics Properties Trust's shares. Their forecasts range from $22.00 to $22.00. On average, they anticipate Industrial Logistics Properties Trust's stock price to reach $22.00 in the next twelve months. This suggests that the stock has a possible downside of 7.1%. View Analyst Price Targets for Industrial Logistics Properties Trust.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Industrial Logistics Properties Trust in the last year. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Industrial Logistics Properties Trust.

Press coverage about ILPT stock has trended very positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Industrial Logistics Properties Trust earned a daily sentiment score of 3.8 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Industrial Logistics Properties Trust.

Industrial Logistics Properties Trust saw a drop in short interest in January. As of January 31st, there was short interest totalling 3,310,000 shares, a drop of 16.2% from the January 15th total of 3,950,000 shares. Based on an average trading volume of 664,000 shares, the days-to-cover ratio is presently 5.0 days. Approximately 5.2% 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 Brixmor Property Group (BRX), Rexford Industrial Realty (REXR), First Industrial Realty Trust (FR), JBG SMITH Properties (JBGS), Eastgroup Properties (EGP), EPR Properties (EPR), Life Storage (LSI), Highwoods Properties (HIW), Blackstone Mortgage Trust (BXMT), Howard Hughes (HHC), Ryman Hospitality Properties (RHP), Healthcare Realty Trust (HR), Stag Industrial (STAG), PS Business Parks (PSB) and Sabra Health Care REIT (SBRA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Industrial Logistics Properties Trust investors own include Verizon Communications (VZ), AT&T (T), Smart Global (SGH), Sorrento Therapeutics (SRNE), Advanced Micro Devices (AMD), Office Properties Income Trust (OPI), Tandem Diabetes Care (TNDM), Halliburton (HAL), ANNALY CAP MGMT/SH (NLY) and New Residential Investment (NRZ).

(ILPT) raised $590 million in an 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's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (9.38%), LSV Asset Management (4.38%), State Street Corp (3.95%), Principal Financial Group Inc. (1.95%), Bank of New York Mellon Corp (1.72%) and Alliancebernstein L.P. (1.42%).

ILPT stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Victory Capital Management Inc., Victory Capital Management Inc., Boston Partners, Bank of America Corp DE, CNH Partners LLC, Emerald Mutual Fund Advisers Trust and Algert Global LLC.

ILPT stock was purchased by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., State Street Corp, Walthausen & Co. LLC, Bank of New York Mellon Corp, Foundry Partners LLC, Barclays PLC, Renaissance Technologies LLC and AJO LP.

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, Robinhood, Fidelity and Charles Schwab.

One share of ILPT stock can currently be purchased for approximately $23.67.

Industrial Logistics Properties Trust has a market capitalization of $1.54 billion and generates $162.53 million in revenue each year. The company earns $74.39 million in net income (profit) each year or $1.61 on an earnings per share basis. View Additional Information About Industrial Logistics Properties Trust.

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]