Streetbeat News

ILPT

Industrial Logistics Properties Trust

https://www.ilptreit.com

Industry

REIT - Industrial

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.

Open

3.76

Mkt cap

246M

Volume

562K

High

3.91

P/E Ratio

-2.37

52-wk high

5.45

Low

3.72

Div yield

0.01

52-wk low

2.61

Industrial Logistics (NASDAQ:ILPT) reported Q3 2024 earnings per share of $0.12, meeting analyst expectations. However, the company's sales of $108.945 million fell short of the $110.297 million estimate, marking a 1.09% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:45 pm

B. Riley Securities has maintained its Buy rating on Industrial Logistics (NASDAQ:ILPT) and raised the price target from $9 to $10.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 4:32 pm

Industrial Logistics Properties Trust (ILPT) shares are trading lower following the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 12:56 pm

Industrial Logistics (NASDAQ:ILPT) reported Q2 2024 earnings of $0.14 per share, meeting analyst expectations and showing a 16.67% increase from last year. Sales were $110.621 million, slightly beating the $110.601 million estimate and marking a 2.39% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:38 pm

Chicago Atlantic Real Estate Finance (NASDAQ:REFI) is outperforming its peers in the cannabis capital providers and mortgage REIT sectors due to its premium valuation, high dividend yield, and robust growth track record. REFI trades at a 3% premium to its book value and offers a 12.2% dividend yield, supported by a solid dividend coverage ratio and special cash dividends. Despite an increase in leverage, REFI maintains a conservative risk profile and a strong growth track record, making it an attractive investment.

Portfolio Pulse from Nicolás Jose Rodriguez

July 05, 2024 | 3:02 pm

JMP Securities analyst Mitch Germain has reiterated a Market Perform rating on Industrial Logistics (NASDAQ:ILPT).

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 5:30 pm

Industrial Logistics Properties Trust (ILPT) will be joining the Russell 3000 Index. This inclusion is expected to increase the stock's visibility and potentially attract more investors.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 12:09 pm

Industrial Logistics Properties Trust (ILPT) shares surged following the announcement of their Q1 financial results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 3:55 pm

Industrial Logistics (NASDAQ:ILPT) reported Q1 2024 FFO of $0.14 per share, surpassing the $0.12 estimate, and sales of $112.235M, exceeding the $110.362M forecast. This represents a 16.67% increase in earnings and a 1.79% increase in sales over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:39 pm

Industrial Logistics (NASDAQ:ILPT) reported Q4 2023 FFO EPS of $0.12, meeting analyst consensus estimates, but missed sales estimates with $108.89M against the expected $110.56M, a 1.51% miss. Year-over-year, sales increased by 2.40% from $106.34M.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:28 pm

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