Industrial Logistics Properties Trust (ILPT)

NASDAQ: ILPT · Real-Time Price · USD
3.660
-0.170 (-4.44%)
Nov 20, 2024, 4:00 PM EST - Market closed
-4.44%
Market Cap 242.09M
Revenue (ttm) 440.70M
Net Income (ttm) -102.82M
Shares Out 66.14M
EPS (ttm) -1.57
PE Ratio n/a
Forward PE n/a
Dividend $0.04 (1.09%)
Ex-Dividend Date Oct 28, 2024
Volume 204,629
Open 3.820
Previous Close 3.830
Day's Range 3.630 - 3.840
52-Week Range 2.910 - 5.450
Beta 1.82
Analysts Buy
Price Target 10.00 (+173.22%)
Earnings Date Oct 29, 2024

About ILPT

Industrial Logistics Properties Trust (Nasdaq: ILPT) is a real estate investment trust, or REIT, focused on owning and leasing high quality distribution and logistics properties. As of December 31, 2023, ILPT’s portfolio consisted of 411 properties containing approximately 60 million rentable square feet located in 39 states. Approximately 77% of ILPT’s annualized rental revenues as of December 31, 2023 are derived from investment grade tenants, tenants that are subsidiaries of investment grade rated entities or Hawaii land leases. ILPT is mana... [Read more]

Sector Real Estate
IPO Date Jan 12, 2018
Country United States
Stock Exchange NASDAQ
Ticker Symbol ILPT
Full Company Profile

Financial Performance

In 2023, ILPT's revenue was $437.34 million, an increase of 12.67% compared to the previous year's $388.15 million. Losses were -$108.00 million, -52.39% less than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for ILPT stock is "Buy." The 12-month stock price forecast is $10.0, which is an increase of 173.22% from the latest price.

Price Target
$10.0
(173.22% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Industrial Logistics Properties Trust (ILPT) Q3 2024 Earnings Call Transcript

Industrial Logistics Properties Trust (NASDAQ:ILPT) Q3 2024 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Melissa McCarthy - Manager, Investor Relations Yael Duffy - Pres...

21 days ago - Seeking Alpha

Industrial Logistics Properties Trust Announces Third Quarter 2024 Results

NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced its financial results for the quarter ended September 30, 2024, which can be found at the Quarterly...

22 days ago - Business Wire

Industrial Logistics Properties Trust Announces Quarterly Dividend on Common Shares

NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced a regular quarterly cash distribution on its common shares of $0.01 per common share ($0.04 per sha...

5 weeks ago - Business Wire

Industrial Logistics Properties Trust Third Quarter 2024 Conference Call Scheduled for Wednesday, October 30th

NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that it will issue a press release containing its third quarter 2024 financial results after the Na...

7 weeks ago - Business Wire

Industrial Logistics Properties Trust Announces Second Quarter 2024 Results

NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced its financial results for the quarter ended June 30, 2024, which can be found at the Quarterly Resu...

4 months ago - Business Wire

3 REIT Types Poised To Soar

REITs are surging in value right now. Some REITs have a lot more upside potential than others. Here are three types of REITs that will soar.

4 months ago - Seeking Alpha

Industrial Logistics Properties Trust Second Quarter 2024 Conference Call Scheduled for Wednesday, July 31st

NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that it will issue a press release containing its second quarter 2024 financial results after the N...

5 months ago - Business Wire

Industrial Logistics Properties Trust to be Added to the Russell 3000® Index

NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that it will be added to the broad-market Russell 3000® Index at the conclusion of the 2024 Russell...

5 months ago - Business Wire

Industrial Logistics Properties Trust: In A Tough Place

Industrial Logistics Properties Trust shares have plummeted due to high leverage, an ill-timed acquisition, higher interest rates, and governance issues. Industrial Logistics Properties owns over 400 ...

5 months ago - Seeking Alpha

Sell These 11 REITs While You Still Can

The next two to five years probably will not be kind to REITs. Weak REITs with messy balance sheets, weak forecast for FFO growth, unsafe dividends, and/or overvaluation are likely to suffer the most ...

Other symbols: BFSBHRCBLCCOFPIGNLSLG
5 months ago - Seeking Alpha

Industrial Logistics Properties Trust Appoints Marc Krohn as Vice President

NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that Marc Krohn has been appointed Vice President. Mr. Krohn is a Vice President of The RMR Group (...

Other symbols: RMR
6 months ago - Business Wire

Eyes On The ECB

U.S. equity and bond markets staged a late-week rebound, erasing early-week declines prompted by disappointing Eurozone inflation data, after the crucial PCE inflation gauge posted its smallest increa...

6 months ago - Seeking Alpha

10 REITs At Mega Discounts To NAV

These REITs have a price-to-NAV range of 0.27x to 0.59x. There may be upside of more than 200% to the NAV estimate, which will probably decline over time. The estimates may be terrible. That's not my ...

Other symbols: BDNBHRBRTCIODLRGNLHPP
6 months ago - Seeking Alpha

Industrial Logistics Properties Trust (ILPT) Q1 2024 Earnings Call Transcript

Industrial Logistics Properties Trust (NASDAQ:ILPT) Q1 2024 Results Conference Call May 1, 2024 10:00 AM ET Company Participants Kevin Brady - IR Yael Duffy - President & COO Tiffany Sy - CFO & Treas...

7 months ago - Seeking Alpha

Industrial Logistics Properties Trust Announces First Quarter 2024 Results

NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced its financial results for the quarter ended March 31, 2024, which can be found at the Quarterly Res...

7 months ago - Business Wire

Industrial Logistics Properties Trust First Quarter 2024 Conference Call Scheduled for Wednesday, May 1st

NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that it will issue a press release containing its first quarter 2024 financial results after the Na...

8 months ago - Business Wire

Industrial Logistics: Quality Assets But Overlevered With An Elevated Risk Profile

Industrial Logistics Properties Trust owns industrial properties tied to logistics and transportation, benefiting from the rise of e-commerce and global supply chains. ILPT has a highly leveraged bala...

8 months ago - Seeking Alpha

Industrial Logistics Properties Trust (ILPT) Q4 2023 Earnings Call Transcript

Industrial Logistics Properties Trust (ILPT) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

Industrial Logistics Properties Trust Announces Fourth Quarter 2023 Results

NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced its financial results for the quarter ended December 31, 2023, which can be found at the Quarterly ...

9 months ago - Business Wire

Industrial Logistics Properties Trust Fourth Quarter 2023 Conference Call Scheduled for Wednesday, February 21st

NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that it will issue a press release containing its fourth quarter 2023 financial results after the N...

10 months ago - Business Wire

3 Rotten REITs

I'm no fan of externally-managed REITs. Especially the three tickers I'm discussing today. I suggest you avoid these rotten REITs at all costs.

Other symbols: OPISVC
10 months ago - Seeking Alpha

Industrial Logistics Properties Trust Announces 2023 Dividend Allocation

NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that the characterization of dividends for 2023 income tax reporting purposes is as follows: ILPT C...

11 months ago - Business Wire

Industrial Logistics: A Potential Value Trap

Industrial Logistics owns and leases industrial and logistics properties across 39 states. Its portfolio is well-diversified and its shares are trading at a very large discount to NAV. Regardless, the...

11 months ago - Seeking Alpha

Hot Potatoes: 6 Potentially Overpriced REITs Yielding Less Than 5%

After the brutal sell-off of the last two years, REITs are poised for a surge. However, this upswing will not benefit all REITs equally. Cautious investors can now get about 5% with little or no risk,...

1 year ago - Seeking Alpha

Office Properties Income Trust Appoints Yael Duffy as President and Chief Operating Officer Effective January 1, 2024

NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced that Yael Duffy has been appointed President and Chief Operating Officer, effective January 1, 2024. Ms. Du...

Other symbols: OPIRMR
1 year ago - Business Wire