Industrial Logistics Properties (ILPT) AI Stock Analysis

• Market Cap: $303.59M
• Dividend Yield: 0.87%
• Average Volume (3M): 458.66K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.03
• Revenue Growth: 0.55%
• EPS Growth: 12.36%
• Country: US
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 56
• Industry: REIT - Industrial
• EPS (TTM): -0.33
• Shares Outstanding: 66,142,140
• 10 Day Avg. Volume: 479,595
• 30 Day Avg. Volume: 458,664
• PEG Ratio: <0.01
• Price to Book (P/B): 0.27
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 3.26
• Enterprise Value/Market Cap: 14.60
• Enterprise Value/Revenue: 2.51
• Enterprise Value/Gross Profit: 13.12
• Enterprise Value/Ebitda: 3.52
• 1Y Price Target: $4.75
• Price Target Upside: 1.06% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 60 Neutral
• Price Target: $5.00 ▲(6.38%Upside)

The overall stock score of 59.5 reflects a mixed performance. The most significant factor is the challenging financial performance due to persistent net losses and cash flow instability, which is a major concern. Technical indicators show positive momentum, but valuation is impaired by a negative P/E ratio. The earnings call and recent corporate events offer positive developments, such as improved FFO and strategic debt refinancing, but they are not enough to outweigh the financial challenges.

Positive Factors

Debt management

ILPT can push its debt maturities out for two more years, which could potentially align with a more favorable rate environment.

Leasing activity

Leasing volumes expanded by 1.3x, relative to the trailing four-quarter average, with significant contributions from a 13-property FedEx portfolio.

Negative Factors

Bankruptcy impact

The American Tire Distributors bankruptcy creates more potential near-term portfolio headwinds; ILPT has exposure to five leases aggregating 1.6% of rents.

Vacancy trends

Recent move-outs and vacancies have negatively impacted property trends, particularly in the historically durable Hawaii region.

Industrial Logistics Properties Business Overview & Revenue Model

Company Description

Industrial Logistics Properties Trust (ILPT) is a real estate investment trust (REIT) focused on owning and leasing industrial and logistics properties. The company specializes in acquiring and managing high-quality industrial facilities, primarily in major distribution hubs across the United States. ILPT's portfolio includes warehouses, distribution centers, and other properties essential for supply chain operations, catering to a diverse range of tenants in the logistics and e-commerce sectors.

How the Company Makes Money

ILPT generates revenue primarily through leasing its industrial and logistics properties to tenants, which include e-commerce companies, third-party logistics providers, and other businesses requiring substantial warehouse and distribution space. The company's earnings are derived from rental income, which is structured through long-term lease agreements. These leases often feature annual rent escalations and renewal options that contribute to stable and predictable cash flows. Additionally, ILPT may engage in strategic acquisitions or divestitures of properties to optimize its portfolio and enhance shareholder value. The trust also benefits from its strategic focus on high-demand industrial markets, positioning it favorably to capitalize on trends such as the growth of e-commerce and the increasing complexity of supply chain logistics.

Industrial Logistics Properties Financial Statement Overview

Summary

Industrial Logistics Properties is facing profitability issues despite positive revenue growth. The balance sheet shows reduced leverage, but declining equity is concerning. Cash flow management is inconsistent, highlighting the need for improved financial stability.

Income Statement

Industrial Logistics Properties showed a mixed performance in recent years. The gross profit margin is robust, indicating good control over cost of goods sold. However, net income has been negative for the last three years, leading to a negative net profit margin, which is a concern. Revenue growth has been positive, but the company has struggled to convert top-line growth into bottom-line profitability. The EBIT margin is healthy, but the negative EBITDA margin in the latest year is alarming, indicating operational inefficiencies or high non-operational expenses.

Balance Sheet

The company's balance sheet has seen some improvement with a reduction in total debt, leading to a better debt-to-equity ratio. Despite this, the stockholders' equity has declined, impacting the equity ratio negatively. The company has shown a positive return on equity in the past, but recent losses have led to a deterioration in ROE. Overall, while leverage has reduced, the declining equity base is a concern.

Cash Flow

Cash flow analysis reveals challenges in free cash flow generation in recent times, with a significant drop in operating cash flow. The operating cash flow to net income ratio is positive, indicating some level of cash earnings, but free cash flow to net income ratio is low, reflecting limited cash available after capital expenditures. The fluctuation in free cash flow growth indicates instability in cash flow management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	441.99M	442.32M	437.34M	388.15M	219.87M	254.57M
Gross Profit	337.71M	379.76M	377.00M	337.53M	189.74M	219.39M
EBITDA	316.13M	310.76M	307.93M	276.46M	154.34M	179.17M
Net Income	-93.80M	-95.67M	-107.99M	-293.92M	78.76M	82.07M
Balance Sheet
Total Assets	5.36B	5.41B	5.56B	5.68B	1.91B	1.92B
Cash, Cash Equivalents and Short-Term Investments	107.95M	242.48M	112.34M	48.26M	29.40M	22.83M
Total Debt	0.00	4.32B	4.32B	4.27B	840.56M	881.21M
Total Liabilities	4.39B	4.40B	4.40B	4.35B	870.52M	912.55M
Stockholders Equity	539.52M	562.02M	669.95M	790.72M	1.04B	1.00B
Cash Flow
Free Cash Flow	3.87M	1.96M	6.06M	65.52M	105.74M	108.71M
Operating Cash Flow	5.34M	1.96M	6.06M	83.25M	110.65M	114.56M
Investing Cash Flow	16.50M	16.42M	67.74M	-3.45B	22.88M	-4.52M
Financing Cash Flow	-21.62M	-21.63M	31.14M	3.47B	-126.96M	-121.76M

Industrial Logistics Properties Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4.70
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ILPT, the sentiment is Positive. The current price of 4.7 is above the 20-day moving average (MA) of 4.38, above the 50-day MA of 3.64, and above the 200-day MA of 3.70, indicating a bullish trend. The MACD of 0.31 indicates Positive momentum. The RSI at 68.63 is Neutral, neither overbought nor oversold. The STOCH value of 52.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ILPT.

Industrial Logistics Properties Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PLYM	78 Outperform	$740.75M	5.28	26.05%	5.97%	-3.48%	615.20%
STAG	77 Outperform	$6.94B	27.48	7.15%	4.09%	8.81%	33.30%
REXR	77 Outperform	$8.75B	30.02	3.35%	4.65%	18.02%	12.12%
FR	74 Outperform	$6.64B	24.15	10.18%	3.66%	9.18%	-7.05%
Sector *	70 Neutral	¥231.18B	14.28	10.62%	4.27%	17.60%	19.20%
LXP	67 Neutral	$2.47B	42.67	2.98%	6.47%	5.68%	358.78%
ILPT	60 Neutral	$303.59M	―	-15.86%	0.87%	0.55%	12.36%

Industrial Logistics Properties Corporate Events

Industrial Logistics Properties Secures $1.16 Billion Loan

On June 26, 2025, Industrial Logistics Properties secured a $1.16 billion loan from a consortium of lenders, including Citi Real Estate Funding Inc. and Bank of America, among others. The loan, which is secured by 101 properties, bears a fixed interest rate of 6.399% and matures in July 2030. The company used the proceeds to repay a $1.235 billion floating rate loan and terminated the associated agreements without penalty. This refinancing effort is part of the company’s strategic financial management, potentially impacting its financial stability and relationships with major financial institutions.

The most recent analyst rating on (ILPT) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on Industrial Logistics Properties stock, see the ILPT Stock Forecast page.

Industrial Logistics Properties Highlights Strategic Focus

On June 2, 2025, Industrial Logistics Properties Trust released an investor presentation highlighting its strategic focus and financial health. The presentation emphasized ILPT’s strong occupancy rate of 95% and its geographic diversity, with a notable presence in Hawaii. The company’s next debt maturity is in 2027, and it has $108 million in cash on hand. The presentation also addressed potential risks and uncertainties affecting the company, including market conditions, tenant renewals, and economic factors.

The most recent analyst rating on (ILPT) stock is a Buy with a $10.00 price target. To see the full list of analyst forecasts on Industrial Logistics Properties stock, see the ILPT Stock Forecast page.

Industrial Logistics Elects Trustees at Annual Meeting

At the Company’s annual meeting of shareholders on May 28, 2025, Industrial Logistics Properties elected seven Trustees to its Board for a one-year term. Additionally, shareholders approved a non-binding advisory resolution on executive compensation and ratified Deloitte & Touche LLP as the independent auditors for the 2025 fiscal year.

The most recent analyst rating on (ILPT) stock is a Buy with a $10.00 price target. To see the full list of analyst forecasts on Industrial Logistics Properties stock, see the ILPT Stock Forecast page.