INDUS Realty Trust, Inc. (INDT)

NASDAQ: INDT · IEX Real-Time Price · USD
63.57
+0.04 (0.06%)
Aug 18, 2022 4:00 PM EDT - Market closed
0.06%
Market Cap 647.92M
Revenue (ttm) 45.66M
Net Income (ttm) 19.15M
Shares Out 10.19M
EPS (ttm) 2.28
PE Ratio 27.88
Forward PE n/a
Dividend $0.63 (0.99%)
Ex-Dividend Date Jun 29, 2022
Volume 21,210
Open 63.33
Previous Close 63.53
Day's Range 63.06 - 64.42
52-Week Range 55.92 - 82.94
Beta 0.80
Analysts Buy
Price Target 77.81 (+22.4%)
Earnings Date Aug 8, 2022

About INDT

INDUS Realty Trust, Inc. is a real estate business principally engaged in developing, acquiring, managing and leasing industrial/warehouse properties. INDUS owns 41 buildings totaling approximately 4.6 million square feet (4.2 million of which is industrial/warehouse space) in Connecticut, Pennsylvania, North Carolina and Florida in addition to over 3,400 acres of undeveloped land. [Read more...]

Industry Equity Real Estate Investment Trusts (REITs)
Founded 1970
Employees 36
Stock Exchange NASDAQ
Ticker Symbol INDT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for INDT stock is "Buy." The 12-month stock price forecast is 77.81, which is an increase of 22.40% from the latest price.

Price Target
$77.81
(22.40% upside)
Analyst Consensus: Buy
Stock Forecasts

News

INDUS Announces Second Quarter 2022 Results

NEW YORK--(BUSINESS WIRE)--INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, today reported financial results for the quarter ending June 30, 20...

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Other symbols: HSTPEBPKRLJSVC

INDUS Announces 2022 Second Quarter Earnings Call

NEW YORK--(BUSINESS WIRE)--INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today that it will release its financial results for the ...

Indus Announces 2022 Second Quarter Leasing, Pipeline and Corporate Updates

NEW YORK--(BUSINESS WIRE)--INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced the following updates on leasing, its acquisition pipelin...

INDUS Announces Quarterly Cash Dividend

NEW YORK--(BUSINESS WIRE)--INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”) a U.S.-based industrial/logistics REIT, announced today that its Board of Directors has declared a cash divi...

INDUS Announces the Acquisition of a 205,000 Square Foot Portfolio in Orlando and Palm Beach

NEW YORK--(BUSINESS WIRE)--INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today that it has closed on the purchase of a fully lease...

INDUS to Participate at Nareit's REITweek 2022 Investor Conference

NEW YORK--(BUSINESS WIRE)--INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today that it will be meeting with investors and others a...

INDUS Recognized as a 2022 Green Lease Leader

NEW YORK--(BUSINESS WIRE)--INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today that the Company was recognized as a 2022 Green Lea...

INDUS Realty Trust, Inc. to Be Added to the MSCI US REIT Index

NEW YORK--(BUSINESS WIRE)--INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, today announced that effective as of the close of market on May 31,...

INDUS Announces First Quarter 2022 Results

NEW YORK--(BUSINESS WIRE)--INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, today reported financial results for the first quarter of 2022. 202...

INDUS Announces a New $150 Million Delayed Draw Term Loan and Amendment to Existing Revolving Credit Facility

NEW YORK--(BUSINESS WIRE)--INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today that it has amended and restated its Credit Agreeme...

INDUS Announces 2022 First Quarter Earnings Call

NEW YORK--(BUSINESS WIRE)--INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today that it will release its financial results for the ...

INDUS Announces 2022 First Quarter Leasing and Pipeline Updates

NEW YORK--(BUSINESS WIRE)--INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced the following updates on leasing, its acquisition pipelin...

INDUS Announces 2021 Fourth Quarter and 2021 Full Year Results

NEW YORK--(BUSINESS WIRE)--INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, today reported financial results for the three months ended Decembe...

INDUS Announces Agreement to Acquire an Industrial/Logistics Building in Greenville-Spartanburg

NEW YORK--(BUSINESS WIRE)--INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today that it recently entered into a purchase agreement ...

INDUS Announces Intention to Dispose of Its Remaining Office/Flex Assets

NEW YORK--(BUSINESS WIRE)--INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today that it intends to sell its remaining office/flex b...

INDUS to Participate in the Citi 2022 Global Property CEO Conference

NEW YORK--(BUSINESS WIRE)--INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS”), a U.S. based industrial/logistics REIT, will participate in the Citi 2022 Global Property CEO Conference at the Diplomat Bea...

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INDUS Announces 2021 Fourth Quarter and Full Year Earnings Call

NEW YORK--(BUSINESS WIRE)--INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today that it will release its financial results for the ...

INDUS Announces Closing on the Acquisition of an Industrial/Logistics Building in the Charlotte, North Carolina Market

NEW YORK--(BUSINESS WIRE)--INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today that it has completed the acquisition of an approxi...

INDUS Announces Change to Its Board of Directors

NEW YORK--(BUSINESS WIRE)--INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced that it has appointed Michael Simanovsky as a new indepen...

INDUS Announces 2021 Fourth Quarter Leasing, Pipeline and Corporate Updates

NEW YORK--(BUSINESS WIRE)--INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced the following updates on leasing, its acquisition and dev...

INDUS Increases 2021 Fourth Quarter Dividend to $0.16 Per Share, a 6.7% Increase Over Prior Quarter

NEW YORK--(BUSINESS WIRE)--INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S.-based industrial/logistics REIT, announced today that its Board of Directors has declared a cash div...

INDUS Enters Into Two Agreements for Acquisitions in the Charlotte Market

NEW YORK--(BUSINESS WIRE)--INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today that it recently entered into two separate agreemen...

INDUS Announces Closing on the Acquisition of an Industrial/Logistics Building in Charleston, South Carolina

NEW YORK, Nov. 16, 2021 (GLOBE NEWSWIRE) -- INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today that it has completed the acquisit...