Industrial Logistics Properties Trust (ILPT) Stock Overview
A real estate investment trust focused on owning and leasing high quality industrial and logistics properties. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
ILPT Community Fair Values
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Analyst Price Targets
Industrial Logistics Properties Trust Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$8.89 |
| 52 Week High | US$9.15 |
| 52 Week Low | US$3.24 |
| Beta | 2.47 |
| 1 Month Change | 15.45% |
| 3 Month Change | 34.70% |
| 1 Year Change | 159.94% |
| 3 Year Change | 355.90% |
| 5 Year Change | -66.06% |
| Change since IPO | -61.93% |
Recent News & Updates
Narrative Update • May 26
ILPT: Updated Margin And Discount Rate Assumptions Will Support Future Upside Potential
Analysts have lifted their price target for Industrial Logistics Properties Trust by $0.25 to $9.65, citing updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E that align with recent Street research target moves to around $9.50. Analyst Commentary Recent Street research has focused on how Industrial Logistics Properties Trust is priced relative to updated fair value assumptions, with price targets now clustered around US$9.50 to US$9.65.Narrative Update • May 02
ILPT: Higher Profitability Assumptions And P/E Multiple Will Support Upside Potential
Analysts have raised their price target on Industrial Logistics Properties Trust to $9.50 from $8.00, citing updated assumptions around fair value and profitability that support a slightly higher forward P/E multiple. Analyst Commentary Analysts lifting the price target to $9.50 describe the move as a refinement of fair value assumptions, not a major reset.Seeking Alpha • May 01
Industrial Logistics Properties Trust: Upside Remains After A Strong Start To 2026
Summary Industrial Logistics Properties Trust stock has soared early in 2026, building on the impressive gains achieved in 2025. This comes as ILPT managed to address near-term debt maturities, allowing for incremental normalized FFO growth thanks to robust leasing spreads. ILPT's 2026 guidance reflects a somewhat weaker Q2 2026 followed by strong performance in H2 2026. High leverage is a principal risk in the investment case. Even so, the company benefits from below-market fixed rate debt maturing in 2031-2038. Even after accounting for ILPT's sizable debt pile, the REIT's enterprise-level valuation remains attractive. Read the full article on Seeking AlphaRecent updates
Narrative Update • May 26
ILPT: Updated Margin And Discount Rate Assumptions Will Support Future Upside Potential
Analysts have lifted their price target for Industrial Logistics Properties Trust by $0.25 to $9.65, citing updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E that align with recent Street research target moves to around $9.50. Analyst Commentary Recent Street research has focused on how Industrial Logistics Properties Trust is priced relative to updated fair value assumptions, with price targets now clustered around US$9.50 to US$9.65.Narrative Update • May 02
ILPT: Higher Profitability Assumptions And P/E Multiple Will Support Upside Potential
Analysts have raised their price target on Industrial Logistics Properties Trust to $9.50 from $8.00, citing updated assumptions around fair value and profitability that support a slightly higher forward P/E multiple. Analyst Commentary Analysts lifting the price target to $9.50 describe the move as a refinement of fair value assumptions, not a major reset.Seeking Alpha • May 01
Industrial Logistics Properties Trust: Upside Remains After A Strong Start To 2026
Summary Industrial Logistics Properties Trust stock has soared early in 2026, building on the impressive gains achieved in 2025. This comes as ILPT managed to address near-term debt maturities, allowing for incremental normalized FFO growth thanks to robust leasing spreads. ILPT's 2026 guidance reflects a somewhat weaker Q2 2026 followed by strong performance in H2 2026. High leverage is a principal risk in the investment case. Even so, the company benefits from below-market fixed rate debt maturing in 2031-2038. Even after accounting for ILPT's sizable debt pile, the REIT's enterprise-level valuation remains attractive. Read the full article on Seeking Alpha
New Narrative • Apr 26
Leasing Momentum And Hawaii Portfolio Strength Will Support A Stronger Long Term Outlook
Catalysts About Industrial Logistics Properties Trust Industrial Logistics Properties Trust owns and leases industrial and logistics real estate across the U.S., including a large footprint in Hawaii. What are the underlying business or industry changes driving this perspective?Narrative Update • Apr 18
ILPT: Stable Assumptions And Slightly Higher Future P/E Will Support Upside Potential
Analysts have maintained their price target for Industrial Logistics Properties Trust at approximately $7.70 per share, citing largely unchanged fair value, discount rate, revenue growth assumptions, profit margin outlook, and forward P/E expectations. Valuation Changes Fair Value: Held steady at $7.70 per share, with no change in the stated estimate.Narrative Update • Apr 02
ILPT: Stable Assumptions And Higher Future P/E Will Support Upside Potential
Analysts have kept their price target for Industrial Logistics Properties Trust effectively unchanged at around $7.70. This reflects steady assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E in their latest update.Narrative Update • Mar 19
ILPT: Stable Fair Value Assumptions Will Support Recovered Earnings Multiple
Analysts have kept their price target for Industrial Logistics Properties Trust unchanged at $7.70. This reflects steady assumptions on fair value and discount rate, together with small adjustments to profit margin and future P/E expectations.Narrative Update • Mar 03
ILPT: Incoming CEO Appointment Will Support Recovered Earnings Multiple
Analysts have raised their price target for Industrial Logistics Properties Trust from $6.85 to $7.70, citing updated assumptions regarding discount rate, revenue growth, profit margin, and future P/E that they view as more closely aligned with the stock’s underlying fundamentals. What's in the News Industrial Logistics Properties Trust announced that its Board of Trustees appointed Yael Duffy as President and Chief Executive Officer, effective January 1, 2026, succeeding her current role as President and Chief Operating Officer (company filing).New Narrative • Jun 02
Domestic Supply Chain Shift Will Secure Logistics Stability
Strong demand for domestic logistics space, high tenant retention, and sustainability focus are supporting ILPT's rent growth and occupancy stability.Seeking Alpha • Nov 24
Lack Of Liquidity Holds Back Industrial Logistics Properties
Summary Industrial Logistics Properties Trust shows potential for a turnaround after major dividend cuts in recent years. With a portfolio of warehousing assets, it's benefiting from retail and consumer trends that create demand for their use. The future outlook is mixed; rate cuts may reduce interest expenses, but the lack of a credit facility and floating-rate debt remain concerns. Despite potential dividend recovery and the discount to book, a hold makes more sense for the risks one would assume with such a position. Read the full article on Seeking AlphaSeeking Alpha • Jun 10
Industrial Logistics Properties Trust: In A Tough Place
Summary Industrial Logistics Properties Trust shares have plummeted due to high leverage, an ill-timed acquisition, higher interest rates, and governance issues. Industrial Logistics Properties owns over 400 industrial and logistics properties with a 99% occupancy rate and a weighted average remaining lease term of 8 years. The company's overleverage, variable rates, and poor governance have created a nightmare scenario for investors, despite the potential for value unlocking through asset sales. Read the full article on Seeking AlphaSeeking Alpha • Jan 10
Industrial Logistics: A Potential Value Trap
Summary Industrial Logistics owns and leases industrial and logistics properties across 39 states. Its portfolio is well-diversified and its shares are trading at a very large discount to NAV. Regardless, the REIT's high leverage, decreasing cash flow, and low dividend make it a highly speculative investment. Read the full article on Seeking AlphaSeeking Alpha • Oct 13
Industrial Logistics Properties declares $0.01 dividend
Industrial Logistics Properties (NASDAQ:ILPT) declares $0.01/share quarterly dividend, in line with previous. Forward yield 0.85% Payable Nov. 17; for shareholders of record Oct. 24; ex-div Oct. 21. See ILPT Dividend Scorecard, Yield Chart, & Dividend Growth.Seeking Alpha • Sep 23
Industrial Logistics Properties falls after $1.235B debt financing
Industrial Logistics Properties Trust (NASDAQ:ILPT) announced Friday it has secured $1.235B debt financing with a maturity of Oct. 9, 2027. Stock is down 5% in pre-market trading. The Massachusetts-based real estate investment trust stated the financing is secured by a portfolio of 104 industrial properties, which is 96.8% occupied with a weighted average remaining lease term of approximately 10.5 years. The financing comprises of $1.1B mortgage and a $135M mezzanine loan. The loans are interest-only, five-year floating rate loans with two-year initial terms and three one-year extension options, and carry a total weighted average interest rate of SOFR plus 3.93% per annum. "This debt financing enabled us to fully repay our $1.385 billion bridge loan due in February 2023 with debt that has a final maturity date in October 2027 and excess cash. ILPT currently has no near term debt maturities but maintains flexibility to repay significant debt and reduce leverage in the future through prepayment options," commented ILPT President and COO Yael Duffy.Analysis Article • Jul 29
Analysts' Revenue Estimates For Industrial Logistics Properties Trust (NASDAQ:ILPT) Are Surging Higher
Celebrations may be in order for Industrial Logistics Properties Trust ( NASDAQ:ILPT ) shareholders, with the analysts...Shareholder Returns
| ILPT | US Industrial REITs | US Market | |
|---|---|---|---|
| 7D | 1.9% | -4.1% | 1.2% |
| 1Y | 159.9% | 20.6% | 27.0% |
Return vs Industry: ILPT exceeded the US Industrial REITs industry which returned 24.1% over the past year.
Return vs Market: ILPT exceeded the US Market which returned 28.2% over the past year.
Price Volatility
| ILPT volatility | |
|---|---|
| ILPT Average Weekly Movement | 7.1% |
| Industrial REITs Industry Average Movement | 3.1% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.9% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: ILPT has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: ILPT's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2017 | n/a | Yael Duffy | www.ilptreit.com |
Industrial Logistics Properties Trust is a real estate investment trust focused on owning and leasing high quality industrial and logistics properties. As of March 31, 2026, ILPT’s portfolio consisted of 409 properties containing approximately 59.6 million rentable square feet located in 39 states. Approximately 77% of ILPT’s annualized rental revenues as of March 31, 2026, are derived from investment grade tenants, tenants that are subsidiaries of investment grade rated entities or Hawaii land leases.
Industrial Logistics Properties Trust Fundamentals Summary
| ILPT fundamental statistics | |
|---|---|
| Market cap | US$582.66m |
| Earnings (TTM) | -US$54.13m |
| Revenue (TTM) | US$453.36m |
1.3x
P/S Ratio-10.9x
P/E RatioIs ILPT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ILPT income statement (TTM) | |
|---|---|
| Revenue | US$453.36m |
| Cost of Revenue | US$63.54m |
| Gross Profit | US$389.82m |
| Other Expenses | US$443.95m |
| Earnings | -US$54.13m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.81 |
| Gross Margin | 85.98% |
| Net Profit Margin | -11.94% |
| Debt/Equity Ratio | 474.1% |
How did ILPT perform over the long term?
See historical performance and comparisonDividends
2.2%
Current Dividend Yield18%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/02 15:07 |
| End of Day Share Price | 2026/06/02 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Industrial Logistics Properties Trust is covered by 7 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Connor Siversky | Berenberg |
| Jing Xian Tan Bonnel | BofA Global Research |
| John Massocca | B. Riley Securities, Inc. |