LXP Industrial Trust (NYSE:LXP) Receives Average Recommendation of “Hold” from Analysts

LXP Industrial Trust (NYSE:LXP) has been assigned an average rating of “Hold” from the eight brokerages that are covering the company, MarketBeat reports. Five research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $52.6250.

A number of brokerages recently weighed in on LXP. Wall Street Zen upgraded shares of LXP Industrial Trust from a “sell” rating to a “hold” rating in a report on Saturday, June 13th. Raymond James Financial began coverage on LXP Industrial Trust in a research report on Wednesday, June 17th. They set a “market perform” rating for the company. Citigroup reissued a “market outperform” rating on shares of LXP Industrial Trust in a research note on Wednesday, June 3rd. Weiss Ratings upgraded LXP Industrial Trust from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, June 15th. Finally, Evercore set a $54.00 target price on LXP Industrial Trust in a report on Monday, June 8th.

Institutional Trading of LXP Industrial Trust

Institutional investors and hedge funds have recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd purchased a new stake in LXP Industrial Trust during the third quarter valued at about $26,000. EverSource Wealth Advisors LLC raised its holdings 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 valued at $29,000 after acquiring an additional 1,755 shares during the period. Geneos Wealth Management Inc. raised its holdings 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 valued at $30,000 after acquiring an additional 1,632 shares during the period. EQ Wealth Advisors LLC purchased a new stake in shares of LXP Industrial Trust in the 4th quarter valued at approximately $34,000. Finally, IFP Advisors Inc lifted its position in shares of 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 valued at $41,000 after acquiring an additional 326 shares in the last quarter. Institutional investors and hedge funds own 93.52% of the company’s stock.

LXP Industrial Trust Price Performance

Shares of NYSE LXP opened at $55.50 on Friday. LXP Industrial Trust has a twelve month low of $38.20 and a twelve month high of $55.62. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $3.27 billion, a price-to-earnings ratio of 37.50 and a beta of 1.04. The firm has a 50-day moving average of $52.41 and a two-hundred day moving average of $50.29.

LXP Industrial Trust (NYSE:LXP) last announced its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $0.80 earnings per share (EPS) for the quarter. LXP Industrial Trust had a net margin of 27.05% and a return on equity of 4.80%. The company had revenue of $85.95 million for the quarter, compared to analysts’ expectations of $81.47 million. During the same quarter in the previous year, the company posted $0.16 EPS. The business’s 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. As a group, analysts expect that LXP Industrial Trust will post 3.34 earnings per share for the current fiscal year.

LXP Industrial Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be given a $0.70 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 5.0%. LXP Industrial Trust’s dividend payout ratio (DPR) is 189.19%.

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.