INDUS Realty Trust (DB:GL40) - Stock Price, News & Analysis

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

GL40 Stock Overview

INDUS is a real estate business principally engaged in developing, acquiring, managing and leasing industrial/logistics properties.

About the company

GL40 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	3/6
Past Performance	0/6
Financial Health	3/6
Dividends	3/6

Rewards

Trading at 25.7% below our estimate of its fair value

Earnings are forecast to grow 93.47% per year

Risk Analysis

No risks detected for GL40 from our risk checks.

INDUS Realty Trust, Inc. Competitors

Hamborner REIT

XTRA:HABA

€534.4m

alstria office REIT-AG

XTRA:AOX

€1.1b

Deutsche Konsum REIT-AG

XTRA:DKG

€152.6m

AIMS APAC REIT

SGX:O5RU

S$1.0b

Price History & Performance

Summary of all time highs, changes and price drops for INDUS Realty Trust
Historical stock prices
Current Share Price	US$60.50
52 Week High	US$63.50
52 Week Low	US$49.20
Beta	0.83
11 Month Change	-2.42%
3 Month Change	0.83%
1 Year Change	8.04%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	23.73%

Recent updates

Shareholder Returns

	GL40	DE Industrial REITs	DE Market
7D	0%	0%	0%
1Y	8.0%	0%	0%

Return vs Industry: GL40 exceeded the German Industrial REITs industry which returned -25% over the past year.

Return vs Market: GL40 matched the German Market which returned 7.1% over the past year.

Price Volatility

Is GL40's price volatile compared to industry and market?
GL40 volatility
GL40 Average Weekly Movement	1.2%
Industrial REITs Industry Average Movement	0%
Market Average Movement	0%
10% most volatile stocks in DE Market	0%
10% least volatile stocks in DE Market	0%

Stable Share Price: GL40 has not had significant price volatility in the past 3 months.

Volatility Over Time: GL40's weekly volatility (1%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1970	33	Mike Gamzon	indusrt.com

INDUS is a real estate business principally engaged in developing, acquiring, managing and leasing industrial/logistics properties. INDUS owns 42 industrial/logistics buildings totaling 6.1 million square feet in Connecticut, Pennsylvania, North Carolina, South Carolina and Florida.

INDUS Realty Trust, Inc. Fundamentals Summary

How do INDUS Realty Trust's earnings and revenue compare to its market cap?
GL40 fundamental statistics
Market cap	€626.05m
Earnings (TTM)	-€2.89m
Revenue (TTM)	€47.15m

13.3x

P/S Ratio

-216.3x

P/E Ratio

Is GL40 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GL40 income statement (TTM)
Revenue	US$51.45m
Cost of Revenue	US$11.56m
Gross Profit	US$39.89m
Other Expenses	US$43.05m
Earnings	-US$3.16m

Last Reported Earnings

Mar 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.31
Gross Margin	77.53%
Net Profit Margin	-6.14%
Debt/Equity Ratio	43.3%

How did GL40 perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

35%

Payout Ratio

This company listing is no longer active

GL40 Stock Overview

Rewards

Risk Analysis

INDUS Realty Trust, Inc. Competitors

XTRA:HABA

€534.4m

XTRA:AOX

€1.1b

XTRA:DKG

€152.6m

SGX:O5RU

S$1.0b

Price History & Performance

Recent News & Updates

Abu Dhabi Investment Authority, GIC Real Estate, Inc. and Centerbridge Partners, L.P. on behalf of one or more funds or other entities managed by its affiliates completed the acquisition of remaining 85.2% stake in in INDUS Realty Trust, Inc. (NasdaqGM:INDT) from a group of shareholders.

INDUS Realty Trust, Inc.(NasdaqGM:INDT) dropped from S&P TMI Index

INDUS Realty Trust, Inc. Announces Quarterly Cash Dividend, Payable on June 28, 2023

First quarter 2023 earnings released: US$0.072 FFO loss per share (vs US$0.52 profit in 1Q 2022)

Insufficient new directors

Upcoming dividend of US$0.18 per share

Recent updates

Abu Dhabi Investment Authority, GIC Real Estate, Inc. and Centerbridge Partners, L.P. on behalf of one or more funds or other entities managed by its affiliates completed the acquisition of remaining 85.2% stake in in INDUS Realty Trust, Inc. (NasdaqGM:INDT) from a group of shareholders.

INDUS Realty Trust, Inc.(NasdaqGM:INDT) dropped from S&P TMI Index

INDUS Realty Trust, Inc. Announces Quarterly Cash Dividend, Payable on June 28, 2023

First quarter 2023 earnings released: US$0.072 FFO loss per share (vs US$0.52 profit in 1Q 2022)

Insufficient new directors

Upcoming dividend of US$0.18 per share

INDUS Announces Quarterly Cash Dividend Payable on January 17, 2023

An unknown buyer acquired Office/Flex Portfolio of INDUS Realty Trust from INDUS Realty Trust, Inc. (NasdaqGM:INDT) for $11 million.

GIC Real Estate, Inc. and Centerbridge Partners, L.P. on behalf of one or more funds or other entities managed by its affiliates made a non-binding proposal to acquire remaining stake in INDUS Realty Trust, Inc. (NasdaqGM:INDT) for $580 million.

Third quarter 2022 earnings released: EPS: US$0.081 (vs US$0.46 loss in 3Q 2021)

INDUS Realty Trust, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2022

INDUS Realty Trust, Inc. to Report Q3, 2022 Results on Nov 07, 2022

Upcoming dividend of US$0.16 per share

INDUS Realty Trust, Inc. Declares Cash Dividend for the Third Quarter of 2022, Payable on October 14, 2022

Second quarter 2022 earnings released: FFO per share: US$0.7 (vs US$0.31 in 2Q 2021)

Indus Realty Trust, Inc. Provides Earning Guidance for the Third Quarter and Full Year of 2022

INDUS Realty Trust, Inc. to Report Q2, 2022 Results on Aug 08, 2022

INDUS Realty Trust, Inc.(NasdaqGM:INDT) dropped from Russell 2000 Growth Index

Upcoming dividend of US$0.16 per share

Executive VP & CFO recently bought €54k worth of stock

INDUS Announces Quarterly Cash Dividend, Payable on July 15, 2022

INDUS Realty Trust, Inc. (NasdaqGM:INDT) acquired 205,000 Square Foot Portfolio in Orlando and Palm Beach for $31.6 million.

INDUS Realty Trust, Inc. Provides Earning Guidance for the Second Quarter and Full Year of 2022

First quarter 2022 earnings released: EPS: US$0.015 (vs US$0.12 loss in 1Q 2021)

INDUS Realty Trust, Inc. to Report Q1, 2022 Results on May 10, 2022

Upcoming dividend of US$0.16 per share

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

INDUS Realty Trust, Inc. to Report Q4, 2021 Results on Mar 07, 2022

Upcoming dividend of US$0.16 per share

INDUS Realty Trust, Inc. (NasdaqGM:INDT) agreed to acquire Industrial/Logistics Building in Charlotte.

Upcoming dividend of US$0.15 per share

INDUS Realty Trust, Inc. (NasdaqGM:INDT) agreed to acquire Industrial/Logistics Building In Charlotte for $14.6 million.

INDUS Realty Trust, Inc. (Nasdaq: INDT) agreed to acquire Two-Building Industrial/Logistics Portfolio in Nashville, Tennessee for $31.5 million.

Upcoming dividend of US$0.15 per share

INDUS Realty Trust, Inc. (NasdaqGM:INDT) entered into an agreement to acquire 395,000 Square Foot Industrial/Logistics Building in Charlotte for $42 million.

INDUS Realty Trust, Inc. (NasdaqGM:INDT) completed the acquisition of 127,500 Square Foot Industrial/Logistics Building in Lehigh Valley.

An unknown buyer entered into an agreement to acquire 1985 Blue Hills Avenue from INDUS Realty Trust, Inc. (NasdaqGM:INDT) for $18 million.

INDUS Realty Trust, Inc. Declares Dividend on Common Stock, Payable on June 30, 2021

INDUS Realty Trust, Inc. has completed a Follow-on Equity Offering in the amount of $105 million.

Full year 2020 earnings released: US$2.42 loss per share (vs US$0.72 profit in FY 2019)

INDUS Realty Trust, Inc. to Report Q4, 2020 Results on Feb 18, 2021

Shareholder Returns

Price Volatility

About the Company

INDUS Realty Trust, Inc. Fundamentals Summary

13.3x

-216.3x

Earnings & Revenue

Dividends

1.1%

35%