ILPT: Research Analysts Set Expectations for Industrial Logistics Properties Trust's Q2 2024 Earnings (NASDAQ:ILPT)

Industrial Logistics Properties Trust ( NASDAQ:ILPT - Free Report ) - Stock analysts at B. Riley lowered their Q2 2024 earnings per share (EPS) estimates for Industrial Logistics Properties Trust in a research note issued to investors on Monday, May 6th. B. Riley analyst B. Maher now anticipates that the company will post earnings per share of $0.14 for the quarter, down from their prior estimate of $0.15. The consensus estimate for Industrial Logistics Properties Trust's current full-year earnings is $0.57 per share. B. Riley also issued estimates for Industrial Logistics Properties Trust's Q3 2024 earnings at $0.12 EPS, Q4 2024 earnings at $0.11 EPS, FY2024 earnings at $0.52 EPS, Q1 2025 earnings at $0.15 EPS, Q2 2025 earnings at $0.16 EPS, Q3 2025 earnings at $0.16 EPS, Q4 2025 earnings at $0.16 EPS, FY2025 earnings at $0.63 EPS and FY2026 earnings at $0.78 EPS. Industrial Logistics Properties Trust Trading Down 4.8 % Shares of Industrial Logistics Properties Trust stock opened at $3.95 on Wednesday. The stock has a fifty day moving average price of $3.93 and a 200-day moving average price of $3.83. The company has a debt-to-equity ratio of 3.84, a current ratio of 4.77 and a quick ratio of 4.77. The firm has a market cap of $260.03 million, a PE ratio of -2.41 and a beta of 1.76. Industrial Logistics Properties Trust has a 1 year low of $1.64 and a 1 year high of $4.88. Industrial Logistics Properties Trust Dividend Announcement Institutional Inflows and Outflows A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Nisa Investment Advisors LLC increased its stake in shares of Industrial Logistics Properties Trust by 21.0% during the 3rd quarter. Nisa Investment Advisors LLC now owns 25,226 shares of the company's stock worth $73,000 after purchasing an additional 4,370 shares during the last quarter. EMC Capital Management grew its holdings in Industrial Logistics Properties Trust by 190.3% during the third quarter. EMC Capital Management now owns 11,213 shares of the company's stock valued at $32,000 after purchasing an additional 7,350 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in Industrial Logistics Properties Trust by 28.1% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 37,652 shares of the company's stock worth $175,000 after buying an additional 8,262 shares during the last quarter. Fifth Lane Capital LP bought a new stake in shares of Industrial Logistics Properties Trust in the first quarter valued at $49,000. Finally, Mesirow Financial Investment Management Inc. purchased a new position in shares of Industrial Logistics Properties Trust during the 1st quarter valued at $58,000. 49.08% of the stock is currently owned by hedge funds and other institutional investors. Industrial Logistics Properties Trust Company Profile ( Get Free Report ) 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. Featured Articles Five stocks we like better than Industrial Logistics Properties Trust Investing in large cap stocks: Diving into big caps Lucid's Stock Price is Still in Reverse: New Lows Are Coming Using the MarketBeat Dividend Tax Calculator Generac Powers Ahead on the Electrification Mega-Trend What is the Nikkei 225 index? PulteGroup Wins and Wins More on Interest Rate Cuts Receive News & Ratings for Industrial Logistics Properties Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Industrial Logistics Properties Trust and related companies with MarketBeat.com's FREE daily email newsletter .