Added to YB: 2026-06-18
Pitch date: 2026-06-15
ILPT [bullish]
Industrial Logistics Properties Trust
-3.02%
current return
Author Info
No bio for this author
Company Info
Industrial Logistics Properties Trust is a real estate investment trust focused on owning and leasing high quality industrial and logistics properties.
Market Cap
$576.7M
Pitch Price
$8.94
Price Target
12.30 (+42%)
Dividend
2.31%
EV/EBITDA
15.04
P/E
-10.56
EV/Sales
11.18
Sector
Industrial REITs
Category
dividend
Dance with the Devil (Nasdaq: ILPT)
ILPT: Externally-managed (RMR) industrial REIT, ~150% up in past year. Crown jewel: Hawaii ground leases (28% rev, high barriers). De-risked via terming out Monmouth-acquisition floating debt to 5yr fixed; no maturities till 2029. Leverage high 11.6x but risk reduced. 2026 norm FFO ~$1.32; dividend at $0.20 (<20% payout) set to normalize to ~$0.92 over 12-18mo. At 7.5% yield = ~$12.30 (35% upside); NAV ~$13.60 post RMR termination fee. Trade not LT hold—RMR risk (dilutive equity raise).
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