Industrial Logistics Properties Trust is a real estate investment trust, or REIT, that owns and leases industrial and logistics properties throughout the United States. ILPT is managed by the operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), an alternative asset management company that is headquartered in Newton, MA.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:ILPT
Previous Symbol
CUSIPN/A
Phone617-219-1460
Debt
Debt-to-Equity Ratio0.42
Current Ratio4.71
Quick Ratio4.71
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$156.50 million
Price / Sales8.25
Cash Flow$1.6170 per share
Price / Cash Flow12.27
Book Value$8.65 per share
Price / Book2.29
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$80.10 million
Net Margins44.65%
Return on Equity7.80%
Return on Assets4.91%
Miscellaneous
EmployeesN/A
Outstanding Shares65,070,000
Market Cap$1.31 billion
OptionableOptionable
Industrial Logistics Properties Trust (NASDAQ:ILPT) Frequently Asked Questions
What is Industrial Logistics Properties Trust's stock symbol?
Industrial Logistics Properties Trust trades on the NASDAQ under the ticker symbol "ILPT."
How often does Industrial Logistics Properties Trust pay dividends? What is the dividend yield for Industrial Logistics Properties Trust?
Industrial Logistics Properties Trust declared a quarterly dividend on Friday, October 19th. Investors of record on Monday, October 29th will be paid a dividend of $0.33 per share on Monday, November 12th. This represents a $1.32 annualized dividend and a yield of 6.65%. The ex-dividend date is Friday, October 26th. View Industrial Logistics Properties Trust's Dividend History.
How were Industrial Logistics Properties Trust's earnings last quarter?
Industrial Logistics Properties Trust (NASDAQ:ILPT) issued its earnings results on Friday, October, 26th. The company reported $0.28 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.41 by $0.13. The business earned $40.43 million during the quarter, compared to analyst estimates of $40.29 million. Industrial Logistics Properties Trust had a return on equity of 7.80% and a net margin of 44.65%. View Industrial Logistics Properties Trust's Earnings History.
When is Industrial Logistics Properties Trust's next earnings date?
What price target have analysts set for ILPT?
5 analysts have issued 12 month price targets for Industrial Logistics Properties Trust's shares. Their predictions range from $23.00 to $29.00. On average, they anticipate Industrial Logistics Properties Trust's share price to reach $25.80 in the next twelve months. This suggests a possible upside of 30.0% from the stock's current price. View Analyst Price Targets for Industrial Logistics Properties Trust.
What is the consensus analysts' recommendation for Industrial Logistics Properties Trust?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Industrial Logistics Properties Trust in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Industrial Logistics Properties Trust.
Has Industrial Logistics Properties Trust been receiving favorable news coverage?
News articles about ILPT stock have been trending somewhat positive recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Industrial Logistics Properties Trust earned a media sentiment score of 1.0 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near future.
Who are some of Industrial Logistics Properties Trust's key competitors?
Some companies that are related to Industrial Logistics Properties Trust include Brixmor Property Group (BRX), Life Storage (LSI), JBG SMITH Properties (JBGS), Howard Hughes (HHC), Hospitality Properties Trust (HPT), Highwoods Properties (HIW), Blackstone Mortgage Trust (BXMT), AmeriCold Realty Trust (COLD), First Industrial Realty Trust (FR), Rayonier (RYN), PS Business Parks (PSB), Equity Commonwealth (EQC), Healthcare Realty Trust (HR), Ryman Hospitality Properties (RHP) and Weingarten Realty Investors (WRI).
Who are Industrial Logistics Properties Trust's key executives?
Industrial Logistics Properties Trust's management team includes the folowing people:
- Mr. John Christopher Popeo CPA, Pres, CEO & Managing Trustee (Age 58)
- Mr. Richard W. Siedel Jr., CFO & Treasurer (Age 38)
- Mr. Barry Michael Portnoy, Managing Trustee (Age 73)
- Ms. Olivia Snyder, Mang., Investor Relations
- Ms. Jennifer Babbin Clark, Sec. (Age 56)
When did Industrial Logistics Properties Trust IPO?
(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.
Who are Industrial Logistics Properties Trust's major shareholders?
Industrial Logistics Properties Trust's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Cohen & Steers Inc. (8.47%), Vanguard Group Inc. (2.59%), Vanguard Group Inc (2.59%), Massachusetts Financial Services Co. MA (2.31%), BlackRock Inc. (2.21%) and TCW Group Inc. (0.89%).
Which major investors are selling Industrial Logistics Properties Trust stock?
ILPT stock was sold by a variety of institutional investors in the last quarter, including Indaba Capital Management L.P., Cohen & Steers Inc., State of New Jersey Common Pension Fund D, Martingale Asset Management L P, LDR Capital Management LLC, Emerald Advisers Inc. PA, TIAA CREF Investment Management LLC and Bank of New York Mellon Corp.
Which major investors are buying Industrial Logistics Properties Trust stock?
ILPT stock was bought by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Nordea Investment Management AB, Russell Investments Group Ltd., TCW Group Inc., Citadel Advisors LLC, BlackRock Inc., Monashee Investment Management LLC and Vanguard Group Inc.
How do I buy shares of 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.
What is Industrial Logistics Properties Trust's stock price today?
One share of ILPT stock can currently be purchased for approximately $19.84.
How big of a company is Industrial Logistics Properties Trust?
Industrial Logistics Properties Trust has a market capitalization of $1.31 billion and generates $156.50 million in revenue each year.
What is Industrial Logistics Properties Trust's official website?
How can I contact Industrial Logistics Properties Trust?
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]
MarketBeat Community Rating for Industrial Logistics Properties Trust (NASDAQ ILPT)
MarketBeat's community ratings are surveys of what our community members think about Industrial Logistics Properties Trust and other stocks. Vote "Outperform" if you believe ILPT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ILPT will underperform the S&P 500 over the long term. You may vote once every thirty days.
