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Saturday, June 3, 2023

There’s No Getting Around Industrial Logistics Properties Trust (NASDAQ: ILPT) Success

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Industrial Logistics Properties Trust (ILPT) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $2.00. The Industrial Logistics Properties Trust has recorded 9,239 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Industrial Logistics Properties Trust Announces First Quarter 2023 Results.

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Stocks Info

ILPT belongs to the Real Estate sector of the NASDAQ while operating in the REIT – Industrial industry. At the end of the last regular session, the stock closed at $2.00 and fluctuated between $2.0900 as its day high and $1.9425 as its day low. The current market capitalization of Industrial Logistics Properties Trust is $127.28M. A total of 1.25 million shares were traded on the day, compared to an average of 1.51M shares.

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, ILPT has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 11 BUYs and 3 SELLs from insiders. Insiders purchased 58,500 shares during that period but sold 6,994.

In the most recent transaction, Donley Brian E. bought 5,000 shares of ILPT for 2.00 per share on Apr 27. After the transaction, the CFO and Treasurer now owns 9,340 company shares. In a previous transaction on Nov 18, PHELAN KEVIN C bought 3,000 shares at 3.41 per share. ILPT shares that Director owns now total 3,500.


Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. ILPT’s most recent ex-dividend date was 4/21/2023 when it declared a $0.01 quarterly dividend that was paid in cash on 5/18/2023. Previously, the company paid the dividend on 2/16/2023 with an ex-dividend date of 1/20/2023. The ILPT stock dividend was $0.01 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for ILPT in the last 3 months, the mean price target is $6.00 with high estimates of $10.00 and low estimates of $3.00. In terms of 52-week highs and lows, ILPT has a high of $16.25 and a low of $1.84.

As of this writing, ILPT has an earnings estimate of -$0.47 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of -$0.47 per share and a lower estimate of -$0.47. The company reported an EPS of -$0.48 in the last quarter, which was 28.40% higher than expectations of -$0.67.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. ILPT’s latest balance sheet shows that the firm has $29.40M in Cash & Short Term Investments as of fiscal 2021. There were $840.56M in debt and $208.86M in liabilities at the time. Its Book Value Per Share was $11.62, while its Total Shareholder’s Equity was $1.04B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 5 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ILPT is Overweight with a score of 3.25. A total of 1 analysts rated the stock as Buy while 0 rated it as Overweight while 3 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 0 thought it should be Sold.

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