LXP Industrial Trust (NYSE:LXP) Given Average Rating of “Hold” by Analysts

by · The Markets Daily

LXP Industrial Trust (NYSE:LXP – Get Free Report) has been given an average recommendation of “Hold” by the seven brokerages that are currently covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $52.6250.

Several equities analysts have commented on the stock. Weiss Ratings lowered shares of LXP Industrial Trust from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 1st. Wall Street Zen lowered shares of LXP Industrial Trust from a “hold” rating to a “sell” rating in a report on Saturday, May 2nd. JPMorgan Chase & Co. decreased their target price on shares of LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating on the stock in a report on Thursday, March 5th. Evercore set a $54.00 target price on shares of LXP Industrial Trust in a report on Monday. Finally, KeyCorp reissued a “sector weight” rating on shares of LXP Industrial Trust in a report on Tuesday.

View Our Latest Research Report on LXP

LXP Industrial Trust Price Performance

LXP stock opened at $52.58 on Wednesday. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 0.18. LXP Industrial Trust has a 12 month low of $38.20 and a 12 month high of $53.38. The firm has a market cap of $3.10 billion, a P/E ratio of 35.53 and a beta of 1.05. The company’s 50-day moving average price is $50.53 and its two-hundred day moving average price is $49.61.

LXP Industrial Trust (NYSE:LXP – Get Free Report) last released its earnings results on Wednesday, April 29th. The real estate investment trust reported $0.80 EPS for the quarter. LXP Industrial Trust had a net margin of 27.05% and a return on equity of 4.80%. The firm had revenue of $85.95 million for the quarter, compared to analyst estimates of $81.47 million. During the same period last year, the firm earned $0.16 EPS. The business’s quarterly revenue was down 3.3% compared to the same quarter last year. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. On average, analysts anticipate that LXP Industrial Trust will post 3.33 earnings per share for the current fiscal year.

LXP Industrial Trust Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were issued a dividend of $0.70 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $2.80 annualized dividend and a dividend yield of 5.3%. LXP Industrial Trust’s payout ratio is 189.19%.

Institutional Investors Weigh In On LXP Industrial Trust

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Xponance Inc. grew its holdings in shares of LXP Industrial Trust by 0.9% during the 3rd quarter. Xponance Inc. now owns 24,780 shares of the real estate investment trust’s stock valued at $222,000 after purchasing an additional 216 shares during the last quarter. IFP Advisors Inc grew its holdings in shares of LXP Industrial Trust by 63.8% during the 4th quarter. IFP Advisors Inc now owns 837 shares of the real estate investment trust’s stock valued at $41,000 after purchasing an additional 326 shares during the last quarter. Allworth Financial LP grew its holdings in shares of LXP Industrial Trust by 5.9% during the 3rd quarter. Allworth Financial LP now owns 5,969 shares of the real estate investment trust’s stock valued at $53,000 after purchasing an additional 332 shares during the last quarter. EQ Wealth Advisors LLC bought a new stake in shares of LXP Industrial Trust during the 4th quarter valued at approximately $34,000. Finally, Cetera Investment Advisers grew its holdings in shares of LXP Industrial Trust by 5.2% during the 1st quarter. Cetera Investment Advisers now owns 14,905 shares of the real estate investment trust’s stock valued at $689,000 after purchasing an additional 743 shares during the last quarter. 93.52% of the stock is owned by institutional investors.

LXP Industrial Trust Company Profile

(Get Free Report)

LXP Industrial Trust is a real estate investment trust that specializes in the ownership, acquisition and management of industrial properties across North America. The company’s portfolio consists of warehouses, distribution centers and manufacturing facilities designed to support supply-chain and logistics operations. By focusing on long-term leasing arrangements, LXP Industrial Trust aims to provide stable income streams while delivering value to tenants through modern, well-positioned industrial space.

The firm’s primary business activities include sourcing and under-writing new property investments, overseeing development and redevelopment projects, and implementing asset-management strategies to enhance the performance of its holdings.

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