In the last trading session, 2.09 million shares of the Industrial Logistics Properties Trust (NASDAQ:ILPT) were traded, and its beta was 2.23. Most recently the company’s share price was $4.37, and it changed around $0.96 or 28.15% from the last close, which brings the market valuation of the company to $289.04M. ILPT currently trades at a discount to its 52-week high of $5.45, offering almost -24.71% off that amount. The share price’s 52-week low was $2.45, which indicates that the current value has risen by an impressive 43.94% since then.
Industrial Logistics Properties Trust stock received a consensus recommendation rating of Hold, based on a mean score of 2.33. If we narrow it down even further, the data shows that 0 out of 3 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended ILPT as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.
Industrial Logistics Properties Trust (NASDAQ:ILPT) trade information
Instantly ILPT has showed a green trend with a performance of 28.15% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 4.45 on recent trading dayincreased the stock’s daily price by 1.8%. The company’s shares are currently up 19.73% year-to-date, but still up 28.53% over the last five days. On the other hand, Industrial Logistics Properties Trust (NASDAQ:ILPT) is 33.64% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $10, which translates to bulls needing to increase their stock price by 56.3% from its current value. Analyst projections state that ILPT is forecast to be at a low of $10 and a high of $10.
ILPT Dividends
Industrial Logistics Properties Trust’s next quarterly earnings report is expected to be released in July. The annual dividend yield of the stock is 0.92 percent and its annual dividend per share was 0.04. It is important to note, however, that the 0.92% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
VANGUARD GROUP INC, with 4.9571% or 3.25 million shares worth $11.97 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
