LXP Industrial Trust (NYSE:LXP) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of LXP Industrial Trust (NYSE:LXP) have received a consensus recommendation of “Moderate Buy” from the six research firms that are presently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $52.1250.

LXP has been the topic of several analyst reports. Weiss Ratings downgraded shares of LXP Industrial Trust from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th. Evercore set a $51.00 price objective on LXP Industrial Trust in a report on Friday, February 13th. KeyCorp cut LXP Industrial Trust from an “overweight” rating to a “sector weight” rating in a research report on Thursday, December 4th. Finally, Citigroup reissued an “outperform” rating on shares of LXP Industrial Trust in a report on Friday, February 13th.

LXP Industrial Trust Price Performance

LXP Industrial Trust stock opened at $49.55 on Monday. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.24 and a quick ratio of 0.24. The business has a 50 day simple moving average of $49.81 and a 200-day simple moving average of $47.47. LXP Industrial Trust has a 12 month low of $34.25 and a 12 month high of $52.52. The stock has a market capitalization of $2.93 billion, a PE ratio of 27.37 and a beta of 1.09.

LXP Industrial Trust (NYSE:LXP) last posted its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.79 earnings per share for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.06). The firm had revenue of $86.74 million during the quarter, compared to analysts’ expectations of $86.05 million. LXP Industrial Trust had a net margin of 32.27% and a return on equity of 5.70%. The business’s quarterly revenue was down 14.0% on a year-over-year basis. During the same quarter last year, the business earned $0.16 earnings per share. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. Equities analysts predict that LXP Industrial Trust will post 0.63 earnings per share for the current year.

Hedge Funds Weigh In On LXP Industrial Trust

Institutional investors and hedge funds have recently made changes to their positions in the stock. Odyssean LLC acquired a new stake in shares of LXP Industrial Trust in the fourth quarter valued at about $346,000. Freestone Grove Partners LP purchased a new position in LXP Industrial Trust in the fourth quarter valued at about $498,000. Abel Hall LLC purchased a new stake in shares of LXP Industrial Trust during the 4th quarter worth approximately $307,000. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of LXP Industrial Trust in the 4th quarter worth approximately $5,680,000. Finally, Kennedy Capital Management LLC acquired a new stake in shares of LXP Industrial Trust in the 4th quarter worth approximately $15,787,000. 93.52% of the stock is owned by institutional investors and hedge funds.

LXP Industrial Trust Company Profile

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.