Industrial Logistics Properties Trust (ILPT)
Market Cap | 214.97M |
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 (1.23%) |
Ex-Dividend Date | Oct 28, 2024 |
Volume | 1,258,766 |
Open | 3.210 |
Previous Close | 3.250 |
Day's Range | 3.190 - 3.425 |
52-Week Range | 3.150 - 5.450 |
Beta | 1.83 |
Analysts | Buy |
Price Target | 10.00 (+207.69%) |
Earnings Date | Feb 18, 2025 |
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]
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 StatementsAnalyst 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 207.69% from the latest price.
News
NAV Monitor: U.S. Equity REITs End November At 6.5% Median Discount
Publicly listed US equity real estate investment trusts closed Nov. 29 at a median 6.5% discount to their consensus net asset value per share estimates. The hotel sector continued to trade at the larg...
Lack Of Liquidity Holds Back Industrial Logistics Properties
Industrial Logistics Properties Trust shows potential for a turnaround after major dividend cuts in recent years. With a portfolio of warehousing assets, it's benefiting from retail and consumer trend...
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...
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...
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...
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...
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...
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...
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...
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 ...
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 ...
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 (...
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 ...
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...
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...
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...
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...
Industrial Logistics Properties Trust (ILPT) Q4 2023 Earnings Call Transcript
Industrial Logistics Properties Trust (ILPT) Q4 2023 Earnings Call Transcript
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 ...
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...
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.
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...
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...