LXP Industrial Trust (NYSE:LXP) Price Target Lowered to $49.00 at JPMorgan Chase & Co.

LXP Industrial Trust (NYSE:LXP) had its price target cut by JPMorgan Chase & Co. from $50.00 to $49.00 in a report issued on Thursday,Benzinga reports. They currently have a neutral rating on the real estate investment trust’s stock.

A number of other analysts also recently weighed in on the stock. Weiss Ratings downgraded shares of LXP Industrial Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Citigroup restated an “outperform” rating on shares of LXP Industrial Trust in a report on Friday, February 13th. KeyCorp downgraded shares of LXP Industrial Trust from an “overweight” rating to a “sector weight” rating in a research note on Thursday, December 4th. Finally, Evercore set a $51.00 target price on shares of LXP Industrial Trust in a report on Friday, February 13th. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, LXP Industrial Trust currently has an average rating of “Hold” and an average target price of $51.50.

LXP Industrial Trust Stock Performance

Shares of LXP opened at $48.50 on Thursday. The company has a 50-day simple moving average of $49.66 and a two-hundred day simple moving average of $47.60. 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 firm has a market capitalization of $2.87 billion, a PE ratio of 26.80 and a beta of 1.09. LXP Industrial Trust has a one year low of $34.25 and a one year high of $52.52.

LXP Industrial Trust (NYSE:LXP) last announced its earnings results on Thursday, February 12th. The real estate investment trust reported $0.79 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.85 by ($0.06). LXP Industrial Trust had a return on equity of 5.70% and a net margin of 32.27%.The firm had revenue of $86.74 million during the quarter, compared to the consensus estimate of $86.05 million. During the same period in the prior year, the company posted $0.16 EPS. The firm’s revenue was down 14.0% on a year-over-year basis. 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 0.63 EPS for the current fiscal year.

Institutional Inflows and Outflows

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

About LXP Industrial Trust

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.