NASDAQ:ILPTIndustrial Logistics Properties Trust Stock Price, Forecast & News

Industrial Logistics Properties Trust's stock was trading at $18.59 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ILPT stock has increased by 8.1% and is now trading at $20.09. View which stocks have been most impacted by Coronavirus.

4 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Industrial Logistics Properties Trust.

Industrial Logistics Properties Trust is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Industrial Logistics Properties Trust.

Industrial Logistics Properties Trust will be holding an earnings conference call on Wednesday, July 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Industrial Logistics Properties Trust (NASDAQ:ILPT) issued its quarterly earnings data on Thursday, April, 30th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.26 by $0.06. The firm earned $64.28 million during the quarter, compared to analysts' expectations of $63.20 million. Industrial Logistics Properties Trust had a return on equity of 4.72% and a net margin of 19.62%. View Industrial Logistics Properties Trust's earnings history.

Industrial Logistics Properties Trust declared a quarterly dividend on Tuesday, April 7th. Stockholders of record on Thursday, April 16th will be paid a dividend of $0.33 per share on Thursday, May 21st. This represents a $1.32 dividend on an annualized basis and a yield of 6.57%. The ex-dividend date of this dividend is Wednesday, April 15th. View Industrial Logistics Properties Trust's dividend history.

4 Wall Street analysts have issued 12-month price objectives for Industrial Logistics Properties Trust's stock. Their forecasts range from $22.00 to $27.00. On average, they anticipate Industrial Logistics Properties Trust's stock price to reach $25.33 in the next twelve months. This suggests a possible upside of 26.1% from the stock's current price. View analysts' price targets for Industrial Logistics Properties Trust.

News headlines about ILPT stock have been trending somewhat negative on Thursday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Industrial Logistics Properties Trust earned a daily sentiment score of -1.6 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near term. View the latest news about Industrial Logistics Properties Trust.

Some companies that are related to Industrial Logistics Properties Trust include Kimco Realty (KIM), Douglas Emmett (DEI), Rexford Industrial Realty (REXR), First Industrial Realty Trust (FR), CoreSite Realty (COR), Eastgroup Properties (EGP), American Campus Communities (ACC), Life Storage (LSI), Stag Industrial (STAG), Cousins Properties (CUZ), QTS Realty Trust (QTS), Starwood Property Trust (STWD), Healthcare Realty Trust (HR), JBG SMITH Properties (JBGS) and Equity Commonwealth (EQC). View all competitors.

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), Halliburton (HAL), AbbVie (ABBV), Bristol-Myers Squibb (BMY), Chevron (CVX), Altria Group (MO), ANNALY CAP MGMT/SH (NLY), PepsiCo (PEP) and Pfizer (PFE).

(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 served 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 retail and institutional investors. Top institutional shareholders include 6 Meridian (0.03%).

ILPT stock was sold by a variety of institutional investors in the last quarter, including 6 Meridian.

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 $20.09.

Industrial Logistics Properties Trust has a market capitalization of $1.31 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]