Is Industrial Logistics Properties Trust (NASDAQ: ILPT) Still A Buy After plugging 11.31% Last Week?

During the recent session, Industrial Logistics Properties Trust (NASDAQ:ILPT)’s traded shares were 0.41 million, with the beta value of the company hitting 2.34. At the last check today, the stock’s price was $5.13, reflecting an intraday gain of 9.17% or $0.43. The 52-week high for the ILPT share is $5.45, that puts it down -6.24 from that peak though still a striking 52.24% gain since the share price plummeted to a 52-week low of $2.45. The company’s market capitalization is $339.39M, and the average intraday trading volume over the past 10 days was 0.53 million shares, and the average trade volume was 427.80K shares over the past three months.

Industrial Logistics Properties Trust (ILPT) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.00. ILPT has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.31.

Industrial Logistics Properties Trust (NASDAQ:ILPT) trade information

Industrial Logistics Properties Trust (ILPT) registered a 9.17% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 9.17% in intraday trading to $5.13, hitting a weekly high. The stock’s 5-day price performance is 11.31%, and it has moved by 50.92% in 30 days. Based on these gigs, the overall price performance for the year is 40.58%. The short interest in Industrial Logistics Properties Trust (NASDAQ:ILPT) is 1.41 million shares and it means that shorts have 4.28 day(s) to cover.

The consensus price target of analysts on Wall Street is $10, which implies an increase of 48.7% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $10 and $10 respectively. As a result, ILPT is trading at a discount of -94.93% off the target high and -94.93% off the low.

Industrial Logistics Properties Trust (ILPT) estimates and forecasts

In the rating firms’ projections, revenue will increase 0.98% 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 111.68M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 111.59M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 110.62M and 108.94M respectively. In this case, analysts expect current quarter sales to grow by 0.95% and then jump by 2.43% in the coming quarter.

While earnings are projected to return 39.04% in 2025, the next five years will return 57.76% per annum.

ILPT Dividends

Industrial Logistics Properties Trust is due to release its next quarterly earnings on 2024-Feb-20. 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 0.78 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 4.98%.

Industrial Logistics Properties Trust (NASDAQ:ILPT)’s Major holders

Industrial Logistics Properties Trust insiders own 20.47% of total outstanding shares while institutional holders control 49.81%, with the float percentage being 62.63%. BLACKROCK INC. is the largest shareholder of the company, while 188.0 institutions own stock in it. As of 2024-06-30, the company held over 5.46 million shares (or 8.3196% of all shares), a total value of $20.09 million in shares.

The next largest institutional holding, with 3.25 million shares, is of VANGUARD GROUP INC’s that is approximately 4.9571% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $11.97 million.

Also, the Mutual Funds coming in first place with the largest holdings of Industrial Logistics Properties Trust (ILPT) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF . Data provided on Mar 31, 2025 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 1.86 shares. This amounts to just over 2.82 percent of the company’s overall shares, with a $9.58 million market value. The same data shows that the other fund manager holds slightly less at 1.59, or about 2.40% of the stock, which is worth about $8.16 million.

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