Industrial Logistics Properties (ILPT) AI Stock Analysis

• Market Cap: $395.36M
• Dividend Yield: 1.35%
• Average Volume (3M): 589.31K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.10
• Revenue Growth: 0.36%
• EPS Growth: 11.92%
• Country: US
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 46
• Industry: REIT - Industrial
• EPS (TTM): -0.32
• Shares Outstanding: 66,336,000
• 10 Day Avg. Volume: 449,732
• 30 Day Avg. Volume: 589,314
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 12.11
• Enterprise Value/Revenue: 10.79
• Enterprise Value/Gross Profit: 12.53
• Enterprise Value/Ebitda: 15.28
• 1Y Price Target: $6.25
• Price Target Upside: 8.51% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 54 Neutral
• Price Target: $6.00 ▲(4.17% Upside)

ILPT's overall stock score reflects a mixed outlook. The company's strong earnings call performance and strategic refinancing efforts are positive, but financial risks due to high leverage and negative profitability weigh heavily. Technical indicators suggest moderate bullish momentum, while valuation concerns persist due to negative earnings.

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 managing industrial and logistics properties primarily in key markets across the United States. The company specializes in providing high-quality warehouse and distribution facilities that cater to the growing e-commerce and logistics industries. ILPT's portfolio includes properties strategically located near major transportation hubs, enabling efficient supply chain operations for its tenants.

How the Company Makes Money

ILPT generates revenue primarily through rental income from its portfolio of industrial properties. The company leases its facilities to a diverse mix of tenants, including logistics providers, e-commerce retailers, and manufacturers, which provides a stable and recurring revenue stream. Additionally, ILPT may benefit from property appreciation and increased rental rates over time as demand for logistics space continues to rise. The company could also engage in partnerships or joint ventures with other real estate firms or logistics companies to expand its portfolio and enhance its market presence, further contributing to its earnings. The overall demand for logistics and warehouse space, driven by trends in e-commerce and supply chain management, plays a significant role in influencing ILPT's revenue generation capabilities.

Industrial Logistics Properties Financial Statement Overview

Summary

Industrial Logistics Properties is facing financial headwinds, characterized by persistent net losses and high leverage. Stable gross profit and operating margins provide some stability, yet profitability and cash flow remain concerns. The high debt-to-equity ratio underscores financial risk, while negative returns on equity and cash flow ratios highlight the company's struggle to convert operations into shareholder value.

Income Statement

The company's income statement shows a challenging financial position. Gross profit margin remains healthy at approximately 76.4% TTM, indicating efficient cost management. However, the net profit margin is deeply negative at -21.2% due to considerable net losses, highlighting profitability issues. Revenue growth is stagnant, with TTM revenue slightly decreasing compared to the previous year. EBIT and EBITDA margins are stable at 32.1% and 71.5%, respectively, indicating consistent operating performance despite net losses.

Balance Sheet

The balance sheet reflects high leverage with a debt-to-equity ratio of 7.99, posing significant financial risk. The equity ratio stands at 10.1%, indicating low equity relative to assets, which could limit future financing options. ROE is negative, reflecting the company's inability to generate positive returns for shareholders due to net losses.

Cash Flow

Cash flow analysis reveals limited free cash flow and operational cash flow growth, with a marginal increase in free cash flow TTM. The operating cash flow to net income ratio is negative, indicating cash flow challenges in covering net losses. The free cash flow to net income ratio is also negative, reflecting inadequate cash generation relative to net losses.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	443.47M	442.32M	437.34M	388.15M	219.87M	254.57M
Gross Profit	382.10M	379.76M	377.00M	337.53M	189.74M	219.39M
EBITDA	313.20M	310.76M	307.93M	273.80M	153.21M	176.74M
Net Income	-91.93M	-95.67M	-107.99M	-226.72M	119.68M	82.07M
Balance Sheet
Total Assets	5.24B	5.41B	5.56B	5.68B	1.91B	1.92B
Cash, Cash Equivalents and Short-Term Investments	159.06M	242.48M	112.34M	48.26M	29.40M	22.83M
Total Debt	4.21B	4.32B	4.32B	4.27B	840.56M	881.21M
Total Liabilities	4.29B	4.40B	4.40B	4.35B	870.52M	912.55M
Stockholders Equity	519.11M	562.02M	669.95M	790.72M	1.04B	1.00B
Cash Flow
Free Cash Flow	12.90M	1.96M	6.06M	65.52M	105.74M	108.71M
Operating Cash Flow	12.90M	1.96M	6.06M	83.25M	110.65M	114.56M
Investing Cash Flow	6.00M	16.42M	67.74M	-3.45B	22.88M	-4.52M
Financing Cash Flow	-118.41M	-21.63M	31.14M	3.47B	-126.96M	-121.76M

Industrial Logistics Properties Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 5.76
• 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 5.76 is above the 20-day moving average (MA) of 5.72, above the 50-day MA of 5.16, and above the 200-day MA of 3.86, indicating a bullish trend. The MACD of 0.20 indicates Positive momentum. The RSI at 55.57 is Neutral, neither overbought nor oversold. The STOCH value of 69.54 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	$969.80M	7.47	25.64%	4.60%	-3.63%	436.37%
FR	74 Outperform	$6.91B	24.74	10.33%	3.26%	9.66%	-4.60%
REXR	74 Outperform	$9.34B	29.34	3.74%	4.31%	13.66%	11.34%
STAG	73 Outperform	$6.88B	28.56	6.89%	4.14%	8.56%	22.20%
LXP	69 Neutral	$2.56B	31.26	4.15%	6.15%	6.64%	210.89%
Sector *	62 Neutral	$6.93B	13.52	-0.57%	7.16%	3.62%	-22.63%
ILPT	54 Neutral	$395.36M	―	-16.16%	1.35%	0.36%	11.92%

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.

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.

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.