LXP Industrial Trust (NYSE:LXP – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 3.300-3.400 for the period, compared to the consensus estimate of 3.310. The company issued revenue guidance of -.
LXP Industrial Trust Price Performance
NYSE LXP opened at $52.48 on Thursday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.21 and a current ratio of 0.21. The company has a market capitalization of $3.09 billion, a PE ratio of 35.46 and a beta of 1.05. LXP Industrial Trust has a fifty-two week low of $38.20 and a fifty-two week high of $54.71. The business’s fifty day moving average is $51.37 and its 200 day moving average is $49.84.
LXP Industrial Trust (NYSE:LXP – Get Free Report) last posted its earnings results on Wednesday, April 29th. The real estate investment trust reported $0.80 EPS for the quarter. The company had revenue of $85.95 million for the quarter, compared to the consensus estimate of $81.47 million. LXP Industrial Trust had a return on equity of 4.80% and a net margin of 27.05%.The firm’s revenue for the quarter was down 3.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.16 earnings per share. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. Sell-side analysts predict that LXP Industrial Trust will post 3.33 earnings per share for the current year.
LXP Industrial Trust Announces Dividend
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on the company. Raymond James Financial assumed coverage on LXP Industrial Trust in a research note on Wednesday. They set a “market perform” rating on the stock. Evercore set a $54.00 price target on LXP Industrial Trust in a report on Monday, June 8th. JPMorgan Chase & Co. lowered their price target on LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating for the company in a report on Thursday, March 5th. Wall Street Zen upgraded LXP Industrial Trust from a “sell” rating to a “hold” rating in a report on Saturday, June 13th. Finally, KeyCorp reiterated a “sector weight” rating on shares of LXP Industrial Trust in a report on Tuesday, June 9th. Three equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, LXP Industrial Trust currently has an average rating of “Hold” and an average target price of $52.63.
Read Our Latest Research Report on LXP
Hedge Funds Weigh In On LXP Industrial Trust
Hedge funds have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd acquired a new stake in LXP Industrial Trust during the 3rd quarter worth about $26,000. EverSource Wealth Advisors LLC grew its position in LXP Industrial Trust by 101.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,481 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 1,755 shares during the period. Geneos Wealth Management Inc. grew its position in LXP Industrial Trust by 82.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 3,623 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 1,632 shares during the period. Kestra Advisory Services LLC acquired a new stake in LXP Industrial Trust during the 4th quarter worth about $197,000. Finally, Abel Hall LLC acquired a new stake in LXP Industrial Trust during the 4th quarter worth about $307,000. 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.
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