B. Riley Has Bullish Forecast for ILPT FY2026 Earnings

Industrial Logistics Properties Trust (NASDAQ:ILPT) – Stock analysts at B. Riley raised their FY2026 earnings estimates for shares of Industrial Logistics Properties Trust in a research note issued to investors on Tuesday, June 17th. B. Riley analyst J. Massocca now expects that the company will earn $1.20 per share for the year, up from their prior forecast of $0.94. B. Riley currently has a “Strong-Buy” rating on the stock.

Industrial Logistics Properties Trust (NASDAQ:ILPT) last issued its quarterly earnings results on Tuesday, April 29th. The company reported $0.20 EPS for the quarter. The firm had revenue of $111.91 million for the quarter. Industrial Logistics Properties Trust had a negative net margin of 21.22% and a negative return on equity of 9.11%.

Industrial Logistics Properties Trust Price Performance

Shares of NASDAQ:ILPT opened at $4.74 on Thursday. The company’s fifty day moving average price is $3.17 and its 200-day moving average price is $3.47. The firm has a market capitalization of $313.50 million, a price-to-earnings ratio of -3.31 and a beta of 2.22. Industrial Logistics Properties Trust has a one year low of $2.45 and a one year high of $5.45. The company has a debt-to-equity ratio of 4.40, a current ratio of 5.16 and a quick ratio of 5.16.

Industrial Logistics Properties Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Tuesday, April 22nd were issued a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.84%. The ex-dividend date was Tuesday, April 22nd. Industrial Logistics Properties Trust’s payout ratio is -2.80%.

Insider Activity at Industrial Logistics Properties Trust

In other news, Director Joseph Morea purchased 20,000 shares of the business’s stock in a transaction on Friday, May 30th. The shares were acquired at an average price of $3.31 per share, with a total value of $66,200.00. Following the acquisition, the director now directly owns 112,191 shares in the company, valued at approximately $371,352.21. The trade was a 21.69% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.80% of the stock is owned by insiders.

Institutional Investors Weigh In On Industrial Logistics Properties Trust

A number of large investors have recently added to or reduced their stakes in the company. Nantahala Capital Management LLC grew its holdings in Industrial Logistics Properties Trust by 18.9% in the 1st quarter. Nantahala Capital Management LLC now owns 2,506,244 shares of the company’s stock worth $8,621,000 after acquiring an additional 398,351 shares during the last quarter. CastleKnight Management LP grew its holdings in Industrial Logistics Properties Trust by 22.9% in the 4th quarter. CastleKnight Management LP now owns 1,818,213 shares of the company’s stock worth $6,636,000 after acquiring an additional 338,435 shares during the last quarter. D. E. Shaw & Co. Inc. grew its holdings in Industrial Logistics Properties Trust by 1.3% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 1,574,742 shares of the company’s stock worth $5,748,000 after acquiring an additional 19,995 shares during the last quarter. Union Square Park Capital Management LLC grew its holdings in Industrial Logistics Properties Trust by 40.1% in the 4th quarter. Union Square Park Capital Management LLC now owns 1,200,000 shares of the company’s stock worth $4,380,000 after acquiring an additional 343,749 shares during the last quarter. Finally, Russell Investments Group Ltd. grew its holdings 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 worth $2,935,000 after acquiring an additional 841,750 shares during the last quarter. Institutional investors own 49.08% of the company’s stock.

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.