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Industrial Logistics Properties Trust  (ILPT)
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Price: $3.7700 $-0.11 -2.835%
Day's High: $3.95 Week Perf: -4.56 %
Day's Low: $ 3.77 30 Day Perf: -8.5 %
Volume (M): 206 52 Wk High: $ 4.88
Volume (M$): $ 775 52 Wk Avg: $3.29
Open: $3.89 52 Wk Low: $1.65



 Market Capitalization (Millions $) 247
 Shares Outstanding (Millions) 65
 Employees 472
 Revenues (TTM) (Millions $) 437
 Net Income (TTM) (Millions $) -66
 Cash Flow (TTM) (Millions $) 105
 Capital Exp. (TTM) (Millions $) 19

Industrial Logistics Properties Trust
Industrial Logistics Properties Trust (ILPT) is a publicly traded real estate investment trust (REIT) that focuses on the acquisition, ownership, and management of industrial and logistics properties across the United States. With a portfolio of over 300 properties covering more than 40 million square feet of gross leasable area, ILPT is one of the largest owners of industrial real estate in the country.

ILPT's properties are strategically located in major logistics markets, such as Los Angeles, Seattle, New York/New Jersey, Dallas, and Atlanta, among others. The company's properties include warehouses, distribution centers, light industrial facilities, and other types of industrial spaces that are essential to the logistics and supply chain of various industries.

ILPT has a diversified tenant base, with major clients from industries such as transportation and logistics, e-commerce, food and beverage, manufacturing, retail, and automotive, among others. The company's top tenant accounts for less than 5% of its annual rental revenue, indicating a well-diversified tenant portfolio.

The company's business model is based on acquiring and leasing properties to high-quality tenants under long-term leases, typically ranging from 5 to 15 years. This provides stable rental income and cash flow for the company, as well as a potential for value creation through lease renewals, rent escalations, and property improvements.

ILPT has a strong balance sheet, with a conservative leverage ratio and low cost of capital. The company primarily finances its acquisitions and development projects through a mix of debt and equity, including a $750 million unsecured revolving credit facility and an at-the-market (ATM) equity offering program.

ILPT's management team has a wealth of experience in the industrial and logistics real estate industry, with a focus on creating long-term value for its shareholders. The company's executive team has a proven track record of successfully executing its growth strategy and identifying attractive investment opportunities in the market.

In summary, Industrial Logistics Properties Trust is a well-established and well-diversified real estate investment trust that provides investors with exposure to the growing industrial and logistics real estate sector in the United States. With a strong balance sheet, a diversified tenant base, and a seasoned management team, ILPT is well-positioned for long-term growth and value creation.


   Company Address: Two Newton Place, Newton, 2458 MA
   Company Phone Number: 219-1460   Stock Exchange / Ticker: NASDAQ ILPT
   


   

Stock Performances by Major Competitors

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Industrial Logistics Properties Trust

Industrial Logistics Properties Trust Sees Soft Revenue Growth in Q4 2023

Investors in Industrial Logistics Properties Trust may have mixed feelings after reviewing the company's recent financial performance. The Real Estate Investment Trust reported a decrease in net loss per share for the fiscal period closing December 31, 2023 compared to the prior year, but a surge in losses from the preceding reporting season. Revenue saw a modest increase year-over-year, but a sequential decrease from the previous quarter.
The company's operating earnings fell significantly, leading to a decrease in the operating margin. Accounts receivables also increased, which could indicate rising demand for the company's services. However, Industrial Logistics Properties Trust reported a shortfall of $66.26 million for the fiscal year 2023, and shares have declined by 17.11% from a year ago.

Industrial Logistics Properties Trust

Industrial Logistics Properties Trust Registers a Remarkable 6.711% Revenue Surge in Latest Fiscal Period, Ensuring Enhanced Comfort and Stability


As an investor closely following the Real Estate Investment Trusts (REITs) sector, I am intrigued by the recent financial results of Industrial Logistics Properties Trust (ILPT). While the company faced a loss of $-0.40 per share in its most recent fiscal period, compared to $-0.70 a year ago and $-0.40 in the preceding reporting period, there are aspects of ILPT's performance that deserve closer examination.
One encouraging aspect is the revenue growth of 6.711%, reaching $110.14 million in the recent fiscal period. This marks an increase from $103.22 million in the comparable reporting period a year ago and a sequential growth of 1.943% from $108.04 million. While ILPT's revenue growth may not be as strong as its peers, who reported a business elevation of 9.20% relative to the same period a year ago, the consistent growth demonstrates the company's resilience in a challenging market.






 

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Industrial Logistics Properties Trust does not provide revenue guidance.

Earnings Outlook
Industrial Logistics Properties Trust does not provide earnings estimates.

 
Geographic Revenue Dispersion




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