Industrial Logistics Properties Trust Stock Forecast, Price & News

Industrial Logistics Properties Trust's stock was trading at $18.59 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ILPT stock has increased by 20.0% and is now trading at $22.31.
View which stocks have been most impacted by COVID-19.

4 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 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Industrial Logistics Properties Trust stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ILPT, but not buy additional shares or sell existing shares.
View analyst ratings for Industrial Logistics Properties Trust or view MarketBeat's top 5 stock picks.

Wall Street analysts have given Industrial Logistics Properties Trust a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Industrial Logistics Properties Trust wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Industrial Logistics Properties Trust is scheduled to release its next quarterly earnings announcement on Monday, February 22nd 2021.
View our earnings forecast for Industrial Logistics Properties Trust.

Industrial Logistics Properties Trust (NASDAQ:ILPT) posted its earnings results on Wednesday, October, 28th. The company reported $0.22 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.47 by $0.25. Industrial Logistics Properties Trust had a return on equity of 5.02% and a net margin of 20.82%.
View Industrial Logistics Properties Trust's earnings history.

Industrial Logistics Properties Trust declared a quarterly dividend on Friday, January 15th. Stockholders of record on Monday, January 25th will be given a dividend of $0.33 per share on Thursday, February 18th. This represents a $1.32 annualized dividend and a yield of 5.92%. The ex-dividend date of this dividend is Friday, January 22nd.
View Industrial Logistics Properties Trust's dividend history.

Industrial Logistics Properties Trust pays an annual dividend of $1.32 per share and currently has a dividend yield of 5.87%. ILPT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Industrial Logistics Properties Trust is 75.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Industrial Logistics Properties Trust will have a dividend payout ratio of 70.21% next year. This indicates that Industrial Logistics Properties Trust will be able to sustain or increase its dividend.
View Industrial Logistics Properties Trust's dividend history.

4 analysts have issued 12 month target prices for Industrial Logistics Properties Trust's stock. Their forecasts range from $20.00 to $29.00. On average, they expect Industrial Logistics Properties Trust's share price to reach $24.50 in the next twelve months. This suggests a possible upside of 9.8% from the stock's current price.
View analysts' price targets for Industrial Logistics Properties Trust or view Wall Street analyst' top-rated stocks.

Some companies that are related to Industrial Logistics Properties Trust include EastGroup Properties (EGP), Starwood Property Trust (STWD), First Industrial Realty Trust (FR), CoreSite Realty (COR), Cousins Properties (CUZ), Hannon Armstrong Sustainable Infrastructure Capital (HASI), Brixmor Property Group (BRX), Douglas Emmett (DEI), The Howard Hughes (HHC), STAG Industrial (STAG), SL Green Realty (SLG), Rayonier (RYN), JBG SMITH Properties (JBGS), Healthcare Realty Trust (HR) and Highwoods Properties (HIW).
View all of ILPT's competitors.

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 a number of retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.11%).

ILPT stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue.

Shares of ILPT 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.

One share of ILPT stock can currently be purchased for approximately $22.31.

Industrial Logistics Properties Trust has a market capitalization of $1.46 billion and generates $229.23 million in revenue each year. The company earns $52.50 million in net income (profit) each year or $1.76 on an earnings per share basis.

The official website for Industrial Logistics Properties Trust is 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]