During the last session, Industrial Logistics Properties Trust (NASDAQ:ILPT)’s traded shares were 0.43 million, with the beta value of the company hitting 1.74. At the end of the trading day, the stock’s price was $3.63, reflecting an intraday loss of -2.16% or -$0.08. The 52-week high for the ILPT share is $4.88, that puts it down -34.44 from that peak though still a striking 54.82% gain since the share price plummeted to a 52-week low of $1.64. The company’s market capitalization is $239.00M, and the average trade volume was 360.49K shares over the past three months.
Industrial Logistics Properties Trust (NASDAQ:ILPT) trade information
Industrial Logistics Properties Trust (ILPT) registered a -2.16% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.16% in intraday trading to $3.63, hitting a weekly high. The stock’s 5-day price performance is -0.82%, and it has moved by -15.97% in 30 days. Based on these gigs, the overall price performance for the year is 72.86%.
Industrial Logistics Properties Trust (ILPT) estimates and forecasts
Statistics show that Industrial Logistics Properties Trust has outperformed its competitors in share price, compared to the industry in which it operates. Industrial Logistics Properties Trust (ILPT) shares have gone up 58.52% during the last six months, with a year-to-date growth rate more than the industry average at 18.75% against -2.60. In the rating firms’ projections, revenue will increase 12.70% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 108.68M as predicted by 4 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 108.89M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 105.79M and 106.34M respectively. In this case, analysts expect current quarter sales to grow by 2.70% and then jump by 2.40% in the coming quarter.
ILPT Dividends
Industrial Logistics Properties Trust is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Industrial Logistics Properties Trust is 0.04, with the dividend yield indicating at 1.10 percent, continuing the trend of increasing dividends in recent years.
