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 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

Earnings reports for various companies are scheduled for February 20, 2024, with a mix of projected earnings and losses across different sectors. Notable companies include Walmart, Home Depot, Medtronic, and Barclays, among others, with expectations ranging from significant profits to losses per share.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 11:52 am

Industrial Logistics (NASDAQ:ILPT) announced a quarterly dividend of 1 cent per share, with the ex-dividend date set for Friday. Shareholders owning ILPT stock by the end of Thursday are eligible for the dividend, which will be paid on February 15, 2024. The stock is expected to open 1 cent lower on Friday to reflect the dividend payout.

Portfolio Pulse from Benzinga Insights

January 16, 2024 | 2:45 pm

Shares of REITs are trading higher amid a decline in US Treasury yields, which has lifted dividend-paying stocks in Friday's session.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 7:36 pm

Industrial Logistics (NASDAQ:ILPT) reported Q3 earnings of $0.12 per share, a 47.83% decrease YoY. However, the company's quarterly sales of $110.14M beat the analyst consensus estimate of $108.68M by 1.35%, marking a 6.71% increase YoY.

Portfolio Pulse from mahesh@benzinga.com

October 25, 2023 | 8:41 pm

Industrial Logistics (NASDAQ:ILPT) is set to release its latest quarterly earnings report on Wednesday, 2023-10-25. Analysts estimate an earnings per share (EPS) of $-0.40. The company's past performance shows a mix of positive and negative price changes post-earnings release. The stock is currently trading at $2.35, down 50.94% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 9:01 pm

Industrial Logistics (NASDAQ:ILPT) has announced a quarterly dividend of 1 cent per share. The stock will go ex-dividend on Friday, meaning it will trade lower to reflect the payout. Shareholders who own ILPT as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on November 16, 2023.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 2:45 pm

Industrial Logistics Properties Trust (ILPT) has announced the appointment of Tiffany Sy as its new CFO and Treasurer, effective from October 1.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 8:16 pm

Insiders at Martin Midstream Partners L.P. (MMLP), 1847 Holdings LLC (EFSH), and Industrial Logistics Properties Trust (ILPT) have recently made significant stock purchases. MMLP's director acquired 12,369 shares at an average price of $2.30, EFSH's 10% owner bought 94,200 shares at $0.22 each, and ILPT's director purchased 50,000 shares at $3.77 each. MMLP reported a decline in Q2 EPS, while EFSH expects a 54% YoY increase in Q2 revenue. ILPT reported lower quarterly sales.

Portfolio Pulse from Lisa Levin

August 01, 2023 | 1:33 pm

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