B. Riley Issues Positive Estimate for ILPT Earnings

Industrial Logistics Properties Trust (NASDAQ:ILPT) – Equities research analysts at B. Riley raised their Q1 2026 earnings per share (EPS) estimates for Industrial Logistics Properties Trust in a report issued on Monday, November 24th. B. Riley analyst J. Massocca now forecasts that the company will earn $0.30 per share for the quarter, up from their previous forecast of $0.29. B. Riley also issued estimates for Industrial Logistics Properties Trust’s FY2027 earnings at $1.15 EPS.

A number of other equities analysts also recently commented on the company. Zacks Research upgraded Industrial Logistics Properties Trust from a “strong sell” rating to a “hold” rating in a research note on Friday, October 3rd. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Industrial Logistics Properties Trust in a research note on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $5.00.

Industrial Logistics Properties Trust Price Performance

ILPT opened at $5.39 on Tuesday. The company has a market capitalization of $359.30 million, a P/E ratio of -3.99 and a beta of 2.41. Industrial Logistics Properties Trust has a 1-year low of $2.45 and a 1-year high of $6.57. The company has a 50-day moving average of $5.64 and a 200-day moving average of $5.14. The company has a debt-to-equity ratio of 4.59, a quick ratio of 3.53 and a current ratio of 3.53.

Industrial Logistics Properties Trust (NASDAQ:ILPT) last issued its earnings results on Tuesday, October 28th. The company reported ($0.33) earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.59). Industrial Logistics Properties Trust had a negative return on equity of 9.20% and a negative net margin of 19.87%.The company had revenue of $110.94 million during the quarter, compared to analysts’ expectations of $111.93 million.

Institutional Trading of Industrial Logistics Properties Trust

Several institutional investors have recently modified their holdings of ILPT. Millennium Management LLC raised its position in Industrial Logistics Properties Trust by 181.2% in the third quarter. Millennium Management LLC now owns 1,308,289 shares of the company’s stock worth $7,627,000 after purchasing an additional 843,033 shares in the last quarter. Russell Investments Group Ltd. increased its position in Industrial Logistics Properties Trust by 7,332.3% in the 1st quarter. Russell Investments Group Ltd. now owns 853,230 shares of the company’s stock valued at $2,935,000 after acquiring an additional 841,750 shares in the last quarter. Nantahala Capital Management LLC boosted its position in Industrial Logistics Properties Trust by 27.9% in the 2nd quarter. Nantahala Capital Management LLC now owns 3,206,219 shares of the company’s stock valued at $14,588,000 after buying an additional 699,975 shares during the last quarter. Gateway Wealth Partners LLC bought a new stake in Industrial Logistics Properties Trust during the 3rd quarter worth about $3,224,000. Finally, Invesco Ltd. grew its holdings in Industrial Logistics Properties Trust by 201.2% during the 3rd quarter. Invesco Ltd. now owns 551,302 shares of the company’s stock worth $3,214,000 after acquiring an additional 368,294 shares during the period. Institutional investors and hedge funds own 49.08% of the company’s stock.

Industrial Logistics Properties Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, November 13th. Investors of record on Monday, October 27th were paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 3.7%. The ex-dividend date was Monday, October 27th. Industrial Logistics Properties Trust’s dividend payout ratio is presently -14.81%.

About Industrial Logistics Properties Trust

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.