Earnings and Growth Analysis : Industrial Logistics Properties Trust (NASDAQ:ILPT)

Earnings results for Industrial Logistics Properties Trust (NASDAQ:ILPT)

Industrial Logistics Properties Trust is expected* to report earnings on 07/28/2021 after market close. The report will be for the fiscal Quarter ending Jun 2021. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.47. The reported EPS for the same quarter last year was $0.47.

Industrial Logistics Properties Trust last posted its quarterly earnings data on April 25th, 2021. The reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.45 by $0.15. Industrial Logistics Properties Trust has generated $1.86 earnings per share over the last year and currently has a price-to-earnings ratio of 19.7. Industrial Logistics Properties Trust has confirmed that its next quarterly earnings report will be published on Wednesday, July 28th, 2021. Industrial Logistics Properties Trust will be holding an earnings conference call on Thursday, July 29th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode “10157604”.

Analyst Opinion on Industrial Logistics Properties Trust (NASDAQ:ILPT)

4 Wall Street analysts have issued ratings and price targets for Industrial Logistics Properties Trust in the last 12 months. Their average twelve-month price target is $26.00, predicting that the stock has a possible downside of 3.67%. The high price target for ILPT is $32.00 and the low price target for ILPT is $20.00. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock, resulting in a consensus rating of “Hold.”

Industrial Logistics Properties Trust has received a consensus rating of Hold. The company’s average rating score is 2.00, and is based on 1 buy rating, 2 hold ratings, and 1 sell rating. According to analysts’ consensus price target of $26.00, Industrial Logistics Properties Trust has a forecasted downside of 3.7% from its current price of $26.99. Industrial Logistics Properties Trust has only been the subject of 2 research reports in the past 90 days.

Dividend Strength: Industrial Logistics Properties Trust (NASDAQ:ILPT)

Industrial Logistics Properties Trust is a leading dividend payer. It pays a dividend yield of 4.91%, putting its dividend yield in the top 25% of dividend-paying stocks. Industrial Logistics Properties Trust has only been increasing its dividend for 1 years. The dividend payout ratio of Industrial Logistics Properties Trust is 70.97%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Industrial Logistics Properties Trust will have a dividend payout ratio of 67.69% next year. This indicates that Industrial Logistics Properties Trust will be able to sustain or increase its dividend.

Insiders buying/selling: Industrial Logistics Properties Trust (NASDAQ:ILPT)

In the past three months, Industrial Logistics Properties Trust insiders have not sold or bought any company stock. Only 1.39% of the stock of Industrial Logistics Properties Trust is held by insiders. 85.85% of the stock of Industrial Logistics Properties Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Industrial Logistics Properties Trust (NASDAQ:ILPT

Earnings for Industrial Logistics Properties Trust are expected to grow by 3.72% in the coming year, from $1.88 to $1.95 per share. The P/E ratio of Industrial Logistics Properties Trust is 19.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.92. The P/E ratio of Industrial Logistics Properties Trust is 19.70, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 18.31. Industrial Logistics Properties Trust has a PEG Ratio of 6.34. PEG Ratios above 1 indicate that a company could be overvalued. Industrial Logistics Properties Trust has a P/B Ratio of 1.76. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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