Analyzing Industrial Logistics Properties Trust (ILPT) and Its Competitors

Industrial Logistics Properties Trust (NASDAQ:ILPT) is one of 50 publicly-traded companies in the “Industrial REITs” industry, but how does it contrast to its competitors? We will compare Industrial Logistics Properties Trust to related businesses based on the strength of its valuation, analyst recommendations, earnings, dividends, profitability, risk and institutional ownership.

Institutional and Insider Ownership

49.1% of Industrial Logistics Properties Trust shares are held by institutional investors. Comparatively, 61.7% of shares of all “Industrial REITs” companies are held by institutional investors. 2.3% of Industrial Logistics Properties Trust shares are held by company insiders. Comparatively, 5.6% of shares of all “Industrial REITs” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Volatility & Risk

Industrial Logistics Properties Trust has a beta of 2.55, indicating that its share price is 155% more volatile than the S&P 500. Comparatively, Industrial Logistics Properties Trust’s competitors have a beta of 1.04, indicating that their average share price is 4% more volatile than the S&P 500.

Dividends

Industrial Logistics Properties Trust pays an annual dividend of $0.40 per share and has a dividend yield of 6.2%. Industrial Logistics Properties Trust pays out -47.1% of its earnings in the form of a dividend. As a group, “Industrial REITs” companies pay a dividend yield of 4.5% and pay out 104.3% of their earnings in the form of a dividend. Industrial Logistics Properties Trust is clearly a better dividend stock than its competitors, given its higher yield and lower payout ratio.

Valuation & Earnings

This table compares Industrial Logistics Properties Trust and its competitors revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Industrial Logistics Properties Trust	$448.85 million	-$66.19 million	-7.58
Industrial Logistics Properties Trust Competitors	$998.81 million	$263.98 million	54.23

Industrial Logistics Properties Trust’s competitors have higher revenue and earnings than Industrial Logistics Properties Trust. Industrial Logistics Properties Trust is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Industrial Logistics Properties Trust and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Industrial Logistics Properties Trust	-12.12%	-6.54%	-1.09%
Industrial Logistics Properties Trust Competitors	37.69%	4.99%	2.40%

Analyst Ratings

This is a summary of recent recommendations and price targets for Industrial Logistics Properties Trust and its competitors, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Industrial Logistics Properties Trust	1	1	2	0	2.25
Industrial Logistics Properties Trust Competitors	415	2299	2547	75	2.43

Industrial Logistics Properties Trust currently has a consensus target price of $10.50, suggesting a potential upside of 63.04%. As a group, “Industrial REITs” companies have a potential upside of 47.78%. Given Industrial Logistics Properties Trust’s higher probable upside, equities research analysts plainly believe Industrial Logistics Properties Trust is more favorable than its competitors.

Summary

Industrial Logistics Properties Trust competitors beat Industrial Logistics Properties Trust on 10 of the 15 factors compared.

About Industrial Logistics Properties Trust

Industrial Logistics Properties Trust (Nasdaq: ILPT) is a real estate investment trust, or REIT, focused on owning and leasing high quality distribution and logistics properties. As of December 31, 2023, ILPT's portfolio consisted of 411 properties containing approximately 60 million rentable square feet located in 39 states. Approximately 77% of ILPT's annualized rental revenues as of December 31, 2023 are derived from investment grade tenants, tenants that are subsidiaries of investment grade rated entities or Hawaii land leases. ILPT is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $41 billion in assets under management as of December 31, 2023 and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. ILPT is headquartered in Newton, MA.