Industrial Logistics Properties Trust (ILPT) Set to Announce Earnings on Tuesday

Industrial Logistics Properties Trust (NASDAQ:ILPT) will issue its quarterly earnings data after the market closes on Tuesday, April 30th. Analysts expect the company to announce earnings of $0.13 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Industrial Logistics Properties Trust Trading Down 2.2 %

Shares of NASDAQ:ILPT opened at $3.63 on Friday. Industrial Logistics Properties Trust has a 1 year low of $1.64 and a 1 year high of $4.88. The firm has a market capitalization of $239.00 million, a price-to-earnings ratio of -2.19 and a beta of 1.73. The company has a debt-to-equity ratio of 3.71, a current ratio of 5.04 and a quick ratio of 5.04. The business’s 50 day moving average price is $3.91 and its 200-day moving average price is $3.74.

Industrial Logistics Properties Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 16th. Shareholders of record on Monday, April 22nd will be paid a dividend of $0.01 per share. The ex-dividend date is Friday, April 19th. This represents a $0.04 annualized dividend and a yield of 1.10%. Industrial Logistics Properties Trust’s dividend payout ratio (DPR) is presently -2.41%.

Industrial Logistics Properties Trust Company Profile

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.