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 | 6/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 4/6 |
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$7.71 |
| 52 Week High | US$9.43 |
| 52 Week Low | US$4.92 |
| Beta | 2.5 |
| 1 Month Change | -7.11% |
| 3 Month Change | -11.18% |
| 1 Year Change | 24.15% |
| 3 Year Change | 151.96% |
| 5 Year Change | -69.79% |
| Change since IPO | -66.98% |
Recent News & Updates
Narrative Update • Aug 06
ILPT: New Long-Term Leases And Portfolio Discount Will Drive Future Upside
Analysts have raised their price target on Industrial Logistics Properties Trust from about $9.65 to roughly $10.83. This change is supported by research citing the portfolio's financially stable tenants, net lease structure, and perceived discount to underlying asset value despite an overleveraged balance sheet, with one recent initiation setting a separate target at $11.50.Seeking Alpha • Jul 24
Industrial Logistics Properties Trust: Q2 Preview, Read The Cash Line Not The Earnings Line
Summary ILPT’s 63% Q1 Normalized FFO growth was mostly non-cash. The May refinancing matters more because it removes about $19.2 million in annual principal repayments and improves CAD. Oahu is only 12.7% of gross assets but generates 56% of common Normalized FFO. Longer leases, stronger rent growth and higher cash yields support a lower cap rate than the. ILPT has upside to an $11.80 target, but leverage, FedEx concentration, external-management costs and cap-rate sensitivity create meaningful downside, supporting a Hold rating. Read the full article on Seeking Alpha
Narrative Update • Jul 22
ILPT: High Occupancy And New Leases Will Support Repricing Potential
Analysts have lifted their fair value estimate for Industrial Logistics Properties Trust from $9.50 to $11.50, pointing to a higher price target supported by updated views on its tenant quality, portfolio margins, and balance sheet risk. Analyst Commentary Recent Street research on Industrial Logistics Properties Trust highlights a more constructive tone on the stock, with bullish analysts pointing to both the quality of the underlying assets and the current valuation gap relative to their fair value estimates.Recent updates
Narrative Update • Aug 06
ILPT: New Long-Term Leases And Portfolio Discount Will Drive Future Upside
Analysts have raised their price target on Industrial Logistics Properties Trust from about $9.65 to roughly $10.83. This change is supported by research citing the portfolio's financially stable tenants, net lease structure, and perceived discount to underlying asset value despite an overleveraged balance sheet, with one recent initiation setting a separate target at $11.50.Seeking Alpha • Jul 24
Industrial Logistics Properties Trust: Q2 Preview, Read The Cash Line Not The Earnings Line
Summary ILPT’s 63% Q1 Normalized FFO growth was mostly non-cash. The May refinancing matters more because it removes about $19.2 million in annual principal repayments and improves CAD. Oahu is only 12.7% of gross assets but generates 56% of common Normalized FFO. Longer leases, stronger rent growth and higher cash yields support a lower cap rate than the. ILPT has upside to an $11.80 target, but leverage, FedEx concentration, external-management costs and cap-rate sensitivity create meaningful downside, supporting a Hold rating. Read the full article on Seeking AlphaNarrative Update • Jul 22
ILPT: High Occupancy And New Leases Will Support Repricing Potential
Analysts have lifted their fair value estimate for Industrial Logistics Properties Trust from $9.50 to $11.50, pointing to a higher price target supported by updated views on its tenant quality, portfolio margins, and balance sheet risk. Analyst Commentary Recent Street research on Industrial Logistics Properties Trust highlights a more constructive tone on the stock, with bullish analysts pointing to both the quality of the underlying assets and the current valuation gap relative to their fair value estimates.Narrative Update • Jun 25
ILPT: Higher P/E Assumptions And New Leases Will Shape Balanced Returns
Analysts have raised their price target on Industrial Logistics Properties Trust to $9.50 from $8.00, citing updated assumptions around profit margin and forward P/E that support a slightly higher valuation framework. Analyst Commentary Recent research updates on Industrial Logistics Properties Trust focus on how revised assumptions around profit margins and forward P/E feed into the refreshed US$9.50 price target.Narrative Update • Jun 10
ILPT: Fine Tuned Earnings Assumptions Will Shape Balanced Future Return Potential
Analyst price targets for Industrial Logistics Properties Trust have been lifted from $8 to $9.50, then adjusted again to $9.50 from $9, as analysts point to updated assumptions around earnings power and valuation multiples while leaving fair value and key model inputs broadly unchanged. Analyst Commentary Bullish Takeaways Bullish analysts see the higher price targets as a reflection of confidence in the trust's earnings power, even with only modest tweaks to core assumptions.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.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 AlphaShareholder Returns
| ILPT | US Industrial REITs | US Market | |
|---|---|---|---|
| 7D | -0.3% | -0.1% | -0.1% |
| 1Y | 24.2% | 14.4% | 11.9% |
Return vs Industry: ILPT exceeded the US Industrial REITs industry which returned 14.8% over the past year.
Return vs Market: ILPT exceeded the US Market which returned 12.1% over the past year.
Price Volatility
| ILPT volatility | |
|---|---|
| ILPT Average Weekly Movement | 4.9% |
| Industrial REITs Industry Average Movement | 3.0% |
| Market Average Movement | 6.8% |
| 10% most volatile stocks in US Market | 15.1% |
| 10% least volatile stocks in US Market | 2.9% |
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 (5%) 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 June 30, 2026, ILPT’s portfolio consisted of 409 properties containing approximately 59.6 million rentable square feet located in 39 states. Approximately 79% of ILPT’s annualized rental revenues as of June 30, 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$514.61m |
| Earnings (TTM) | -US$47.28m |
| Revenue (TTM) | US$455.39m |
1.1x
P/S Ratio-10.9x
P/E RatioIs ILPT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ILPT income statement (TTM) | |
|---|---|
| Revenue | US$455.39m |
| Cost of Revenue | US$64.79m |
| Gross Profit | US$390.60m |
| Other Expenses | US$437.88m |
| Earnings | -US$47.28m |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.71 |
| Gross Margin | 85.77% |
| Net Profit Margin | -10.38% |
| Debt/Equity Ratio | 497.4% |
How did ILPT perform over the long term?
See historical performance and comparisonDividends
5.2%
Current Dividend Yield19%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/21 03:58 |
| End of Day Share Price | 2026/09/18 00:00 |
| Earnings | 2026/06/30 |
| 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 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 8 analysts. 4 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. |