ILPT is a real estate investment trust, or REIT, that owns and leases industrial and logistics properties throughout the United States. More Details
Good value average dividend payer.
Share Price & News
How has Industrial Logistics Properties Trust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ILPT is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: ILPT's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: ILPT exceeded the US REITs industry which returned -7.3% over the past year.
Return vs Market: ILPT underperformed the US Market which returned 19% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Industrial Logistics Properties Trust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StIndustrial Logistics Properties Trust Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
2 months ago | Simply Wall StDid Industrial Logistics Properties Trust (NASDAQ:ILPT) Use Debt To Deliver Its ROE Of 4.6%?
6 months ago | Simply Wall StWhat You Must Know About Industrial Logistics Properties Trust's (NASDAQ:ILPT) Beta Value
Is Industrial Logistics Properties Trust undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ILPT ($21.74) is trading below our estimate of fair value ($30.2)
Significantly Below Fair Value: ILPT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ILPT is good value based on its PE Ratio (26.5x) compared to the US REITs industry average (38.8x).
PE vs Market: ILPT is poor value based on its PE Ratio (26.5x) compared to the US market (19.5x).
Price to Earnings Growth Ratio
PEG Ratio: ILPT is poor value based on its PEG Ratio (3.1x)
Price to Book Ratio
PB vs Industry: ILPT is good value based on its PB Ratio (1.4x) compared to the US REITs industry average (1.6x).
How is Industrial Logistics Properties Trust forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ILPT's forecast earnings growth (8.5% per year) is above the savings rate (2.2%).
Earnings vs Market: ILPT's earnings (8.5% per year) are forecast to grow slower than the US market (21.9% per year).
High Growth Earnings: ILPT's earnings are forecast to grow, but not significantly.
Revenue vs Market: ILPT's revenue (2.4% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: ILPT's revenue (2.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ILPT's Return on Equity is forecast to be high in 3 years time
How has Industrial Logistics Properties Trust performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ILPT has high quality earnings.
Growing Profit Margin: ILPT's current net profit margins (20.8%) are lower than last year (28.2%).
Past Earnings Growth Analysis
Earnings Trend: ILPT's earnings have declined by 11.4% per year over the past 5 years.
Accelerating Growth: ILPT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ILPT had negative earnings growth (-9.5%) over the past year, making it difficult to compare to the REITs industry average (2%).
Return on Equity
High ROE: ILPT's Return on Equity (4.9%) is considered low.
How is Industrial Logistics Properties Trust's financial position?
Financial Position Analysis
Short Term Liabilities: ILPT's short term assets ($132.6M) exceed its short term liabilities ($19.4M).
Long Term Liabilities: ILPT's short term assets ($132.6M) do not cover its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: ILPT's debt to equity ratio (127%) is considered high.
Reducing Debt: Insufficient data to determine if ILPT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ILPT's debt is not well covered by operating cash flow (8.8%).
Interest Coverage: ILPT's interest payments on its debt are not well covered by EBIT (2x coverage).
What is Industrial Logistics Properties Trust current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ILPT's dividend (6.07%) is higher than the bottom 25% of dividend payers in the US market (1.5%).
High Dividend: ILPT's dividend (6.07%) is in the top 25% of dividend payers in the US market (4.15%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, ILPT has been paying a dividend for less than 10 years.
Growing Dividend: ILPT has only been paying a dividend for 3 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (71.4%), ILPT's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ILPT's dividends in 3 years are forecast to be covered by earnings (68.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John Murray (59 yo)
Mr. John G. Murray serves as President, CEO & Managing Trustee at Industrial Logistics Properties Trust since December 01, 2018. He has been Executive Vice President at RMR Group LLC since 2001. Mr. Murray...
|CFO & Treasurer||2.83yrs||US$114.72k||0.022% |
|VP & COO||0.50yr||US$33.23k||0.0099% |
|Managing Trustee||3.83yrs||US$56.19k||0.099% |
|Manager of Investor Relations||no data||no data||no data|
|Secretary||no data||no data||no data|
Experienced Management: ILPT's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
|Managing Trustee||3.83yrs||US$56.19k||0.099% |
|Lead Independent Trustee||1.83yrs||US$163.69k||0.016% |
|Independent Trustee||2.83yrs||US$154.94k||0.016% |
|Independent Trustee||0.75yr||no data||0.010% |
|Independent Trustee||2.83yrs||US$149.94k||0.017% |
Experienced Board: ILPT's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Industrial Logistics Properties Trust's company bio, employee growth, exchange listings and data sources
- Name: Industrial Logistics Properties Trust
- Ticker: ILPT
- Exchange: NasdaqGS
- Founded: 2017
- Industry: Industrial REITs
- Sector: Real Estate
- Market Cap: US$1.420b
- Shares outstanding: 65.30m
- Website: https://www.ilptreit.com
- Industrial Logistics Properties Trust
- Two Newton Place
- Suite 300
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ILPT||NasdaqGS (Nasdaq Global Select)||Yes||Common Shares of Benefcial Interest||US||USD||Jan 2018|
|1QY||MUN (Boerse Muenchen)||Yes||Common Shares of Benefcial Interest||DE||EUR||Jan 2018|
ILPT is a real estate investment trust, or REIT, that owns and leases industrial and logistics properties throughout the United States. ILPT is managed by the operating subsidiary of The RMR Group Inc. (Na...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/24 00:23|
|End of Day Share Price||2020/11/23 00:00|
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 here.