Financial Contrast: Industrial Logistics Properties Trust (ILPT) & Its Peers

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

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 peers, given its higher yield and lower payout ratio.

Earnings and Valuation

This table compares Industrial Logistics Properties Trust and its peers gross 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 peers 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 peers, indicating that it is currently more affordable than other companies in its industry.

Analyst Ratings

This is a summary of recent recommendations for Industrial Logistics Properties Trust and its peers, as provided 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, indicating 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 clearly believe Industrial Logistics Properties Trust is more favorable than its peers.

Profitability

This table compares Industrial Logistics Properties Trust and its peers’ 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%

Risk & Volatility

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

Insider & Institutional 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 insiders. Comparatively, 5.6% of shares of all “Industrial REITs” companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Summary

Industrial Logistics Properties Trust peers 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.