Industrial Logistics Properties Trust (ILPT)

NASDAQ: ILPT · IEX Real-Time Price · USD
3.89
+0.02 (0.52%)
At close: Dec 2, 2022 4:00 PM
3.92
+0.03 (0.77%)
After-hours: Dec 2, 2022 5:28 PM EST
0.52%
Market Cap 253.75M
Revenue (ttm) 338.31M
Net Income (ttm) -132.47M
Shares Out 65.25M
EPS (ttm) 1.49
PE Ratio 2.61
Forward PE n/a
Dividend $0.68 (17.48%)
Ex-Dividend Date Oct 21, 2022
Volume 641,238
Open 3.82
Previous Close 3.87
Day's Range 3.79 - 3.91
52-Week Range 3.32 - 25.73
Beta 1.03
Analysts Sell
Price Target 8.67 (+122.9%)
Earnings Date Oct 25, 2022

About ILPT

ILPT is a real estate investment trust, or REIT, that owns and leases industrial and logistics properties throughout the United States. ILPT is managed by the operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), an alternative asset management company that is headquartered in Newton, MA. [Read more]

Industry Equity Real Estate Investment Trusts (REITs)
IPO Date Jan 12, 2018
CEO John Murray
Country United States
Stock Exchange NASDAQ
Ticker Symbol ILPT
Full Company Profile

Financial Performance

In 2021, ILPT's revenue was $219.87 million, a decrease of -13.63% compared to the previous year's $254.58 million. Earnings were $119.68 million, an increase of 45.83%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for ILPT stock is "Sell." The 12-month stock price forecast is 8.67, which is an increase of 122.88% from the latest price.

Price Target
$8.67
(122.88% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Why Industrial Logistics Properties Trust Should Recover

I wrote about Industrial Logistics Properties Trust ( ILPT , Financial) last year and also bought the stock. Since then, the stock price has been a disaster, down 86% year to date.

1 week ago - GuruFocus

Industrial Logistics Properties Trust (ILPT) Lags Q3 FFO and Revenue Estimates

Industrial Logistics Properties Trust (ILPT) delivered FFO and revenue surprises of -30.30% and 1.15%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead fo...

1 month ago - Zacks Investment Research

New Strong Sell Stocks for September 29th

CIM, CUBI and ILPT have been added to the Zacks Rank #5 (Strong Sell) List on September 29, 2022.

Other symbols: CIMCUBI
2 months ago - Zacks Investment Research

Industrial Logistics Properties Trust Third Quarter 2022 Conference Call Scheduled for Wednesday, October 26th

NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that it will issue a press release containing its third quarter 2022 financial results after the Nasd...

2 months ago - Business Wire

Industrial Logistics Properties Trust Appoints Brian E. Donley as Chief Financial Officer and Treasurer

NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that Brian E. Donley has been appointed as Chief Financial Officer and Treasurer, effective October 1...

2 months ago - Business Wire

Industrial Logistics Properties Trust Announces $1.235 Billion Debt Financing with a Final Maturity Date in October 2027

NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that it has closed on a $1.235 billion debt financing with a final maturity date of October 9, 2027. ...

2 months ago - Business Wire

These dividend stocks can protect you as the Federal Reserve slows the economy

With Federal Reserve Chairman Jerome Powell set to deliver an important speech Friday, investors may finally begin to take him at his word: The central bank is going to maintain a hawkish stance to cont...

3 months ago - Market Watch

This Dividend Stock Bit Off More Than It Could Chew -- Should You Sell or Hold?

Industrial Logistics Properties planned a big merger, but it hasn't worked out quite as well as hoped.

3 months ago - The Motley Fool

Industrial Logistics Properties Trust (ILPT) Q2 FFO Match Estimates

Industrial Logistics Properties Trust (ILPT) delivered FFO and revenue surprises of 0% and 7.13%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Industrial Logistics Properties Trust Announces Second Quarter 2022 Results

NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced its financial results for the quarter ended June 30, 2022. Yael Duffy, President and Chief Operating ...

4 months ago - Business Wire

Here's Why This REIT Plunged by 23% on Thursday

This industrial REIT gave investors some unexpected bad news.

4 months ago - The Motley Fool

Industrial Logistics Properties Trust Reduces Dividend for Second Quarter to $0.01 Per Share

NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that ILPT's Board of Trustees has reduced ILPT's regular quarterly cash distribution on its common sh...

4 months ago - Business Wire

Industrial Logistics Properties Trust Second Quarter 2022 Conference Call Scheduled for Wednesday, July 27th

NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that it will issue a press release containing its second quarter 2022 financial results after the Nas...

5 months ago - Business Wire

This Beaten-Down Warehouse REIT Could Be a Takeover Target

Its solid dividend yield is a bright spot.

5 months ago - The Motley Fool

Industrial Logistics Properties Trust to Present at Nareit's REITweek: 2022 Investor Conference on Tuesday, June 7th

NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that President and Chief Operating Officer Yael Duffy will be presenting at Nareit's REITweek: 2022 I...

6 months ago - Business Wire

Industrial Logistics Properties Trust Announces Annual Meeting Results

NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) announced the results of its 2022 Annual Meeting of Shareholders which was held today. Lisa Harris Jones was re-elect...

6 months ago - Business Wire

An Industrial REIT That's Down 50% and Yielding 9%: Time to Buy?

This minnow outbid some whales to swallow a bigger fish. There's some indigestion to work through.

6 months ago - The Motley Fool

Industrial Logistics Properties Trust to Participate at the 22nd B. Riley Securities Annual Institutional Investor Co...

NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that President and Chief Operating Officer Yael Duffy and Chief Financial Officer and Treasurer Rick ...

6 months ago - Business Wire

New Strong Sell Stocks for May 4th

AMZN, ILPT, and GPS have been added to the Zacks Rank #5 (Strong Sell) List on May 4, 2022

Other symbols: AMZNGPS
6 months ago - Zacks Investment Research

Industrial Logistics Properties Trust (ILPT) Q1 FFO Miss Estimates

Industrial Logistics Properties Trust (ILPT) delivered FFO and revenue surprises of -14.29% and 1.44%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for th...

7 months ago - Zacks Investment Research

Industrial Logistics Properties Trust Announces First Quarter 2022 Results

NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced its financial results for the quarter ended March 31, 2022. Yael Duffy, President and Chief Operating...

7 months ago - Business Wire

Best Income Stocks to Buy for April 20th

ILPT, OXM, and ABM made it to the Zacks Rank #1 (Strong Buy) income stocks list on April 20, 2022.

Other symbols: ABMOXM
7 months ago - Zacks Investment Research

3 High-Growth Dividend Value Stocks

One of the main problems investors are grappling with right now is inflation. When inflation numbers are running hot, future earnings are discounted, and companies and consumers alike begin to question ...

Other symbols: BBYFNF
7 months ago - GuruFocus