NASDAQ:INDT

INDUS Realty Trust (INDT) Stock Forecast, Price & News

$66.81

-0.01 (-0.01%)

(As of 06/2/2023 ET)

Compare

Today's Range: $66.80
▼
$66.96
50-Day Range: $66.05
▼
$66.82
52-Week Range: $48.33
▼
$66.96

Volume: 173,483 shs
Average Volume: 119,251 shs
Market Capitalization: $681.46 million

P/E Ratio: N/A
Dividend Yield: 1.08%
Price Target: $72.00

INDUS Realty Trust MarketRank™ Forecast

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 7.8% Upside
$72.00 Price Target
Short Interest: Healthy
4.56% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -1.76
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.72 out of 5 stars

Finance Sector

765th out of 874 stocks

Real Estate Industry

18th out of 22 stocks

1.2

Analyst's Opinion

Consensus Rating
INDUS Realty Trust has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $72.00, INDUS Realty Trust has a forecasted upside of 7.8% from its current price of $66.81.
Amount of Analyst Coverage
INDUS Realty Trust has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
4.56% of the outstanding shares of INDUS Realty Trust have been sold short.
Short Interest Ratio / Days to Cover
INDUS Realty Trust has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in INDUS Realty Trust has recently decreased by 5.85%, indicating that investor sentiment is improving significantly.

0.8

Dividend Strength

Dividend Yield
INDUS Realty Trust pays a meaningful dividend of 1.08%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
INDUS Realty Trust does not have a long track record of dividend growth.

2.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
INDUS Realty Trust has received a 22.23% net impact score from Upright. Indus Realty Trust seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is driven by its "Real estate funds investing in industrial, logistics and warehousing buildings", "Property management services", and "Real estate development services of industrial buildings" products. See details.
Environmental Sustainability
The Environmental Impact score for INDUS Realty Trust is -1.76.

N/A

News and Social Media Coverage

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, INDUS Realty Trust insiders have not sold or bought any company stock.
Percentage Held by Insiders
25.00% of the stock of INDUS Realty Trust is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
84.21% of the stock of INDUS Realty Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Book Value per Share Ratio
INDUS Realty Trust has a P/B Ratio of 1.76. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About INDUS Realty Trust (NASDAQ:INDT) Stock

Indus Realty Trust, Inc. engages in the developing, managing and leasing industrial/warehouse properties. The company was founded in 1970 and is headquartered in New York, NY.

Receive INDT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for INDUS Realty Trust and its competitors with MarketBeat's FREE daily newsletter.

INDT Stock News Headlines

May 18, 2023 | seekingalpha.com

INDUS Realty Trust, Inc. 2023 Q1 - Results - Earnings Call Presentation

May 17, 2023 | finance.yahoo.com

INDUS Stockholders Approve Merger at Special Meeting

June 3, 2023 | Vantage Point (Ad)

We Called (ARWR) In Advance, Which Stocks Are Next?

Nearly 56% gains in 30 days! This bullish trend reversal was not only forecasted by A.I., but we called it 1 – 3 days in advance. If you have any money invested in the markets…even just your retirement, you’ll want to see this. Plus, it’s FREE - the training is only an hour & LIVE.

May 12, 2023 | msn.com

Citigroup Maintains INDUS Realty Trust (INDT) Neutral Recommendation

May 5, 2023 | seekingalpha.com

INDUS Realty Trust FFO of $0.51 beats by $0.02, rental revenue of $13.57M beats by $0.15M

May 3, 2023 | finance.yahoo.com

INDUS Announces First Quarter 2023 Results

April 13, 2023 | finance.yahoo.com

INDUS Recognized With Green Lease Leader Gold and Great Employers in Connecticut Awards

April 11, 2023 | markets.businessinsider.com

SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates FOCS, INDT, PTRS, SUMO

June 3, 2023 | Vantage Point (Ad)

We Called (ARWR) In Advance, Which Stocks Are Next?

March 31, 2023 | finance.yahoo.com

INDUS Files Preliminary Proxy Statement

March 25, 2023 | marketwatch.com

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates CVT, INDT, SUMO

March 24, 2023 | seekingalpha.com

INDUS Realty: Overvalued In A Growth-Hostile Environment

March 24, 2023 | seekingalpha.com

INDUS Realty: Overvalued In A Growth-Hostile Environment

March 6, 2023 | markets.businessinsider.com

Colliers Securities Reaffirms Their Hold Rating on INDUS Realty Trust (INDT)

March 6, 2023 | finanznachrichten.de

INDUS REALTY TRUST INC

March 6, 2023 | finance.yahoo.com

INDUS Announces Fourth Quarter and Full Year 2022 Results

February 24, 2023 | businesswire.com

INDUS REALTY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of INDUS Realty ...

February 24, 2023 | finance.yahoo.com

INDUS Realty Trust, Inc.'s (NASDAQ:INDT) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

February 23, 2023 | markets.businessinsider.com

INDUS Realty Trust (INDT) was downgraded to a Hold Rating at JMP Securities

February 23, 2023 | benzinga.com

SHAREHOLDER ALERT: The M&A Class Action Firm Announces the Investigation of INDUS Realty Trust, Inc. - INDT

February 22, 2023 | benzinga.com

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of INDUS Realty Trust, Inc.

February 22, 2023 | benzinga.com

SHAREHOLDER ALERT: Weiss Law Investigates INDUS Realty Trust, Inc.

February 22, 2023 | barrons.com

INDT Alert: Monsey Firm of Wohl & Fruchter LLP Investigating Sale of INDUS Realty to Centerbridge Partners and GIC Real Estate

February 22, 2023 | technews.tmcnet.com

INDT Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of INDUS Realty Trust, Inc. Is Fair to Shareholders

February 22, 2023 | markets.businessinsider.com

INDUS Realty To Be Bought By Centerbridge, GIC For Around $868 Mln Cash; INDT Up In Pre-market

January 25, 2023 | seekingalpha.com

INDT INDUS Realty Trust, Inc.

January 9, 2023 | finance.yahoo.com

INDUS Announces 2022 Fourth Quarter Leasing, Pipeline and Corporate Updates

See More Headlines

INDT Price History

30 days | 90 days | 365 days | Advanced Chart

INDT Company Calendar

Last Earnings: 3/06/2023
Ex-Dividend for 4/14 Dividend: 3/30/2023
Dividend Payable: 4/14/2023
Today: 6/02/2023
Next Earnings (Estimated): 8/14/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Real estate
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:INDT
CUSIP: N/A
CIK: 1037390
Web: indusrt.com
Phone: (212) 218-7910
Fax: 212-218-7917
Employees: 36
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $72.00
High Stock Price Forecast: $72.00
Low Stock Price Forecast: $72.00
Forecasted Upside/Downside: +7.6%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $6.11 million
Net Margins: 0.12%
Pretax Margin: -7.31%
Return on Equity: -0.80%
Return on Assets: -0.54%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.15
Quick Ratio: 0.15

Sales & Book Value

Annual Sales: $49.19 million
Price / Sales: 13.88
Cash Flow: $2.01 per share
Price / Cash Flow: 33.27
Book Value: $38.01 per share
Price / Book: 1.76

Miscellaneous

Outstanding Shares: 10,200,000
Free Float: 7,649,000
Market Cap: $682.79 million
Optionable: Not Optionable
Beta: 0.83

Key Executives

Michael S. Gamzon
President, Chief Executive Officer & Director

Jon W. Clark
Chief Financial Officer & Executive Vice President

Thomas M. Daniells
Secretary, Senior Vice President & General Counsel

Thomas M. Lescalleet
Vice President-Industrial Segment

Kelly Poudrette
Chief Accounting Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

INDT Stock - Frequently Asked Questions

Should I buy or sell INDUS Realty Trust stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for INDUS Realty Trust in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" INDT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in INDT, but not buy additional shares or sell existing shares.
View INDT analyst ratings or view top-rated stocks.
What is INDUS Realty Trust's stock price forecast for 2023?: 3 Wall Street research analysts have issued 1 year price objectives for INDUS Realty Trust's stock. Their INDT share price forecasts range from $72.00 to $72.00. On average, they predict the company's share price to reach $72.00 in the next year. This suggests a possible upside of 7.6% from the stock's current price.
View analysts price targets for INDT or view top-rated stocks among Wall Street analysts.
How have INDT shares performed in 2023?: INDUS Realty Trust's stock was trading at $63.49 at the beginning of 2023. Since then, INDT shares have increased by 5.4% and is now trading at $66.94.
View the best growth stocks for 2023 here.
Are investors shorting INDUS Realty Trust?: INDUS Realty Trust saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 465,100 shares, a drop of 5.9% from the April 30th total of 494,000 shares. Based on an average daily trading volume, of 168,100 shares, the short-interest ratio is presently 2.8 days.
View INDUS Realty Trust's Short Interest.
When is INDUS Realty Trust's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023.
View our INDT earnings forecast.
How were INDUS Realty Trust's earnings last quarter?: INDUS Realty Trust, Inc. (NASDAQ:INDT) posted its quarterly earnings data on Monday, March, 6th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of $0.54 by $0.61. The firm had revenue of $12.90 million for the quarter. INDUS Realty Trust had a negative trailing twelve-month return on equity of 0.80% and a net margin of 0.12%.
How often does INDUS Realty Trust pay dividends? What is the dividend yield for INDUS Realty Trust?: INDUS Realty Trust declared a quarterly dividend on Wednesday, March 15th. Stockholders of record on Friday, March 31st will be paid a dividend of $0.18 per share on Friday, April 14th. This represents a $0.72 annualized dividend and a yield of 1.08%. The ex-dividend date of this dividend is Thursday, March 30th.
Read our dividend analysis for INDT.

What ETFs hold INDUS Realty Trust's stock?: ETFs with the largest weight of INDUS Realty Trust (NASDAQ:INDT) stock in their portfolio include IQ Merger Arbitrage ETF (MNA), U.S. Diversified Real Estate ETF (PPTY), IQ CBRE NextGen Real Estate ETF (ROOF), SP Funds S&P Global REIT Sharia ETF (SPRE), iShares Core U.S. REIT ETF (USRT), JPMorgan BetaBuilders MSCI US REIT ETF (BBRE), First Trust S&P REIT Index Fund (FRI) and Fidelity MSCI Real Estate Index ETF (FREL).
Is INDUS Realty Trust a good dividend stock?: INDUS Realty Trust (NASDAQ:INDT) pays an annual dividend of $0.72 per share and currently has a dividend yield of 1.08%.
Read our dividend analysis for INDT.
What is INDUS Realty Trust's stock symbol?: INDUS Realty Trust trades on the NASDAQ under the ticker symbol "INDT."
Who are INDUS Realty Trust's major shareholders?: INDUS Realty Trust's stock is owned by a variety of institutional and retail investors. Top institutional investors include Gabelli Funds LLC (5.39%), BlackRock Inc. (4.83%), Gamco Investors INC. ET AL (4.36%), First Trust Capital Management L.P. (3.47%), Water Island Capital LLC (2.80%) and State Street Corp (1.35%). Insiders that own company stock include Ccp Sbs Gp, Llc and Jon W Clark.
View institutional ownership trends.
How do I buy shares of INDUS Realty Trust?: Shares of INDT 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.
Compare Top Brokerages Here.
What is INDUS Realty Trust's stock price today?: One share of INDT stock can currently be purchased for approximately $66.94.
How much money does INDUS Realty Trust make?: INDUS Realty Trust (NASDAQ:INDT) has a market capitalization of $682.79 million and generates $49.19 million in revenue each year.
How can I contact INDUS Realty Trust?: INDUS Realty Trust's mailing address is 641 LEXINGTON AVENUE, NEW YORK NY, 10022. The official website for the company is indusrt.com. The company can be reached via phone at (212) 218-7910, via email at apizzo@indusrt.com, or via fax at 212-218-7917.

This page (NASDAQ:INDT) was last updated on 6/3/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial