LXP Industrial Trust (NYSE:LXP) Hits New 12-Month High – Should You Buy?

LXP Industrial Trust (NYSE:LXP) reached a new 52-week high on Tuesday . The stock traded as high as $53.38 and last traded at $53.3350, with a volume of 25798 shares trading hands. The stock had previously closed at $51.54.

Wall Street Analyst Weigh In

LXP has been the subject of a number of research reports. KeyCorp reiterated a “sector weight” rating on shares of LXP Industrial Trust in a report on Tuesday. Wall Street Zen cut shares of LXP Industrial Trust from a “hold” rating to a “sell” rating in a report on Saturday, May 2nd. Weiss Ratings lowered shares of LXP Industrial Trust from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 1st. Evercore set a $54.00 price target on shares of LXP Industrial Trust in a research report on Monday. Finally, Citigroup restated a “market outperform” rating on shares of LXP Industrial Trust in a report on Wednesday, June 3rd. Three 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 presently has a consensus rating of “Hold” and an average target price of $52.63.

LXP Industrial Trust Trading Up 0.3%

The stock has a fifty day simple moving average of $50.65 and a 200 day simple moving average of $49.65. 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 firm has a market cap of $3.11 billion, a P/E ratio of 35.64 and a beta of 1.05.

LXP Industrial Trust (NYSE:LXP) last released its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $0.80 earnings per share 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 during the quarter, compared to analysts’ expectations of $81.47 million. During the same period in the previous year, the company earned $0.16 earnings per share. The firm’s quarterly revenue was down 3.3% on a year-over-year basis. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. On average, research analysts expect 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 disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were paid a $0.70 dividend. 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 dividend payout ratio (DPR) is 189.19%.

Institutional Trading of LXP Industrial Trust

Several institutional investors and hedge funds have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd purchased a new position in shares of LXP Industrial Trust in the third quarter valued at about $26,000. EverSource Wealth Advisors LLC grew its position in shares of LXP Industrial Trust by 101.7% during the second 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 in the last quarter. Geneos Wealth Management Inc. grew its position in shares of LXP Industrial Trust by 82.0% during the second 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 in the last quarter. EQ Wealth Advisors LLC bought a new stake in LXP Industrial Trust during the 4th quarter valued at approximately $34,000. Finally, IFP Advisors Inc lifted its holdings in LXP Industrial Trust by 63.8% in the 4th quarter. IFP Advisors Inc now owns 837 shares of the real estate investment trust’s stock worth $41,000 after purchasing an additional 326 shares in the last quarter. 93.52% of the stock is currently owned by institutional investors.

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.