Joseph Morea - Industrial Logistics Independent Trustee

ILPT Stock  USD 4.37  0.11  2.58%   

Executive

Mr. Joseph L. Morea is an Independent Trustee of the company since January 11, 2018. Mr. Morea was a vice chairman and managing director, serving as head of U.S. Equity Capital Markets, at RBC Capital Markets, an international investment bank, from 2003 until 2012. From 2008 to 2009 Mr. Morea also served as the head of U.S. Investment Banking for RBC Capital Markets. Previously, Mr. Morea was employed as an investment banker, including as a managing director and the cohead of the Investment Banking Division and head of U.S. Equity Capital Markets at PaineWebber, Inc., and a managing director of Equity Capital Markets at Smith Barney, Inc. Prior to working as an investment banker, Mr. Morea was employed as a certified public accountant. Mr. Morea serves as an independent director of TA, an independent trustee of RIF and TRMT, a director of Garrison Capital Inc. and a trustee of THL Credit Senior Loan Fund and Eagle Growth Income Opportunities Fund since 2018.
Age 62
Tenure 6 years
Address Two Newton Place, Newton, MA, United States, 02458-1634
Phone617 219 1460
Webhttps://www.ilptreit.com

Latest Insider Transactions

2023-07-27Acquired 20000 shares @ 3.68View
2023-05-03Disposed of 17500 shares @ 2.07View
Morea also served as a trustee of Equity Commonwealth from 2012 until 2014. Our Board of Trustees concluded that Mr. Morea is qualified to serve as one of our Independent Trustees based upon, among other things, his public company director service, his experience in investment banking and equity capital markets, his financial sophistication and his qualifying as an Independent Trustee in accordance with the requirements of the Nasdaq, the SEC and our declaration of trust and bylaws.

Industrial Logistics Management Efficiency

The company has return on total asset (ROA) of 0.0149 % which means that it generated a profit of $0.0149 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.123) %, meaning that it created substantial loss on money invested by shareholders. Industrial Logistics' management efficiency ratios could be used to measure how well Industrial Logistics manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to gain to 0.07 in 2024, despite the fact that Return On Tangible Assets are likely to grow to (0.02). At this time, Industrial Logistics' Non Current Liabilities Total is comparatively stable compared to the past year. Change To Liabilities is likely to gain to about 6.9 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 73.5 M in 2024.
The company currently holds 4.32 B in liabilities with Debt to Equity (D/E) ratio of 3.12, implying the company greatly relies on financing operations through barrowing. Industrial Logistics has a current ratio of 2.57, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Industrial Logistics until it has trouble settling it off, either with new capital or with free cash flow. So, Industrial Logistics' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Industrial Logistics sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Industrial to invest in growth at high rates of return. When we think about Industrial Logistics' use of debt, we should always consider it together with cash and equity.

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ILPT is a real estate investment trust, or REIT, that owns and leases industrial and logistics properties throughout the United States. , an alternative asset management company that is headquartered in Newton, MA. Industrial Logistics operates under REITIndustrial classification in the United States and is traded on NASDAQ Exchange. Industrial Logistics Properties (ILPT) is traded on NASDAQ Exchange in USA. It is located in Two Newton Place, Newton, MA, United States, 02458-1634 and employs 15 people. Industrial Logistics is listed under Diversified REITs category by Fama And French industry classification.

Management Performance

Industrial Logistics Leadership Team

Elected by the shareholders, the Industrial Logistics' board of directors comprises two types of representatives: Industrial Logistics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Industrial. The board's role is to monitor Industrial Logistics' management team and ensure that shareholders' interests are well served. Industrial Logistics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Industrial Logistics' outside directors are responsible for providing unbiased perspectives on the board's policies.
Adam Portnoy, Managing Trustee
Bruce Gans, Independent Trustee
John Murray, President CEO, Managing Trustee
Richard Siedel, CFO, Treasurer
John Popeo, President COO
Joseph Morea, Independent Trustee
Kevin Barry, Director Relations
Brian Donley, CFO Treasurer
Lisa Jones, Independent Trustee
Yael Duffy, President COO
Barry Portnoy, Managing Trustee
Stephen Colbert, Director Relations
Jennifer Clark, Secretary
Tiffany CPA, CFO Treasurer
Matthew CPA, Managing Trustee

Industrial Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Industrial Logistics a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Industrial Logistics in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Industrial Logistics' short interest history, or implied volatility extrapolated from Industrial Logistics options trading.

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When determining whether Industrial Logistics is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Industrial Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Industrial Logistics Properties Stock. Highlighted below are key reports to facilitate an investment decision about Industrial Logistics Properties Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Industrial Logistics Properties. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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When running Industrial Logistics' price analysis, check to measure Industrial Logistics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Industrial Logistics is operating at the current time. Most of Industrial Logistics' value examination focuses on studying past and present price action to predict the probability of Industrial Logistics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Industrial Logistics' price. Additionally, you may evaluate how the addition of Industrial Logistics to your portfolios can decrease your overall portfolio volatility.
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Is Industrial Logistics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Industrial Logistics. If investors know Industrial will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Industrial Logistics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.565
Dividend Share
0.04
Earnings Share
(1.65)
Revenue Per Share
6.721
Quarterly Revenue Growth
0.018
The market value of Industrial Logistics is measured differently than its book value, which is the value of Industrial that is recorded on the company's balance sheet. Investors also form their own opinion of Industrial Logistics' value that differs from its market value or its book value, called intrinsic value, which is Industrial Logistics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Industrial Logistics' market value can be influenced by many factors that don't directly affect Industrial Logistics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Industrial Logistics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Industrial Logistics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Industrial Logistics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.