Industrial Logistics Properties Trust (ILPT) Stock Price, News & Analysis

Company Overview

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 managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $41 billion in assets under management as of December 31, 2023 and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. ILPT is headquartered in Newton, MA.

Key Stats

• Today's Range: $3.19 to $3.42
• 50-Day Range: $3.25 to $4.54
• 52-Week Range: $3.15 to $5.45
• Volume: 1.32 million shs
• Average Volume: 474,812 shs
• Market Capitalization: $214.97 million
• P/E Ratio: N/A
• Dividend Yield: 1.23%
• Price Target: $10.00
• Consensus Rating: Moderate Buy

Industrial Logistics Properties Trust Stock Analysis - MarketRank™

Industrial Logistics Properties Trust scored higher than 85% of companies evaluated by MarketBeat, and ranked 208th out of 935 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Industrial Logistics Properties Trust has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Industrial Logistics Properties Trust has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 25.00%

Earnings Growth

Earnings for Industrial Logistics Properties Trust are expected to grow by 25.00% in the coming year, from $0.52 to $0.65 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Industrial Logistics Properties Trust is -2.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Industrial Logistics Properties Trust is -2.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Industrial Logistics Properties Trust has a P/B Ratio of 0.18. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.10% of the float of Industrial Logistics Properties Trust has been sold short.

Short Interest Ratio / Days to Cover

Industrial Logistics Properties Trust has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Industrial Logistics Properties Trust has recently decreased by 3.94%, indicating that investor sentiment is improving.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Industrial Logistics Properties Trust pays a meaningful dividend of 1.18%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Industrial Logistics Properties Trust does not have a long track record of dividend growth.

Dividend Sustainability

Based on earnings estimates, Industrial Logistics Properties Trust will have a dividend payout ratio of 6.15% next year. This indicates that Industrial Logistics Properties Trust will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.4 / 5
• Environmental Score: -2.06

Percentage of Shares Shorted

2.10% of the float of Industrial Logistics Properties Trust has been sold short.

Short Interest Ratio / Days to Cover

Industrial Logistics Properties Trust has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Industrial Logistics Properties Trust has recently decreased by 3.94%, indicating that investor sentiment is improving.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

Search Interest

Only 1 people have searched for ILPT on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Industrial Logistics Properties Trust insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.80% of the stock of Industrial Logistics Properties Trust is held by insiders.

Percentage Held by Institutions

49.08% of the stock of Industrial Logistics Properties Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ILPT Stock Analysis - Frequently Asked Questions

How have ILPT shares performed this year?

Industrial Logistics Properties Trust's stock was trading at $4.70 at the start of the year. Since then, ILPT shares have decreased by 30.9% and is now trading at $3.25.
View the best growth stocks for 2024 here.

How were Industrial Logistics Properties Trust's earnings last quarter?

Industrial Logistics Properties Trust (NASDAQ:ILPT) announced its quarterly earnings data on Wednesday, October, 25th. The company reported ($0.40) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.11 by $0.51. The business earned $110.14 million during the quarter, compared to analysts' expectations of $109.82 million. Industrial Logistics Properties Trust had a negative trailing twelve-month return on equity of 9.31% and a negative net margin of 23.33%.

When did Industrial Logistics Properties Trust IPO?

Industrial Logistics Properties Trust (ILPT) raised $590 million in an initial public offering on Friday, January 12th 2018. The company issued 20,000,000 shares at $28.00-$31.00 per share. UBS Investment Bank, Citigroup, RBC Capital Markets, BofA Merrill Lynch, Morgan Stanley and Wells Fargo Securities acted as the underwriters for the IPO and B. Riley | FBR, BB&T Capital Markets, Janney Montgomery Scott, JMP Securities and Oppenheimer were co-managers.

Who are Industrial Logistics Properties Trust's major shareholders?

Industrial Logistics Properties Trust's top institutional investors include Geode Capital Management LLC (2.32%), Charles Schwab Investment Management Inc. (2.13%), State Street Corp (1.51%) and Anson Funds Management LP (0.84%). Insiders that own company stock include Joseph Morea and Kevin C Phelan.
View institutional ownership trends.

How do I buy shares of Industrial Logistics Properties Trust?

Shares of ILPT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Industrial Logistics Properties Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Industrial Logistics Properties Trust investors own include Meta Platforms (META), NVIDIA (NVDA), Exxon Mobil (XOM), Advanced Micro Devices (AMD), Chevron (CVX), Home Depot (HD) and Visa (V).

Company Calendar

• Last Earnings: 10/25/2023
• Ex-Dividend for 11/14 Dividend: 10/28/2024
• Dividend Payable: 11/14/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Trading
• Current Symbol: NASDAQ:ILPT
• CUSIP: N/A
• CIK: 1717307
• Web: www.ilptreit.com
• Phone: (617) 219-1460
• Fax: N/A
• Employees: 600
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $10.00
• High Stock Price Target: $10.00
• Low Stock Price Target: $10.00
• Potential Upside/Downside: +207.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.57)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 6.25
• P/E Growth: N/A
• Net Income: $-107,990,000.00
• Net Margins: -23.33%
• Pretax Margin: -32.40%
• Return on Equity: -9.31%
• Return on Assets: -1.87%

Debt

• Debt-to-Equity Ratio: 4.13
• Current Ratio: 4.53
• Quick Ratio: 4.53

Sales & Book Value

• Annual Sales: $440.70 million
• Price / Sales: 0.49
• Cash Flow: $1.32 per share
• Price / Cash Flow: 2.47
• Book Value: $17.64 per share
• Price / Book: 0.18

Miscellaneous

• Outstanding Shares: 66,144,000
• Free Float: 64,953,000
• Market Cap: $214.97 million
• Optionable: Optionable
• Beta: 1.83