LXP Industrial Trust (NYSE:LXP) Receives $51.88 Consensus Target Price from Analysts

Shares of LXP Industrial Trust (NYSE:LXP) have earned a consensus recommendation of “Hold” from the seven brokerages that are presently covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $51.8750.

Several brokerages have recently weighed in on LXP. Evercore set a $51.00 target price on LXP Industrial Trust in a research note on Friday, February 13th. JPMorgan Chase & Co. reduced 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 lowered LXP Industrial Trust from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. Citigroup restated an “outperform” rating on shares of LXP Industrial Trust in a report on Friday, February 13th. Finally, Weiss Ratings lowered LXP Industrial Trust from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 1st.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in LXP. Balyasny Asset Management L.P. grew its holdings in LXP Industrial Trust by 269.0% during the 2nd quarter. Balyasny Asset Management L.P. now owns 6,432,356 shares of the real estate investment trust’s stock worth $53,131,000 after acquiring an additional 4,688,972 shares in the last quarter. Aew Capital Management L P raised its stake in shares of LXP Industrial Trust by 61.1% in the 3rd quarter. Aew Capital Management L P now owns 9,135,734 shares of the real estate investment trust’s stock valued at $81,856,000 after purchasing an additional 3,465,123 shares in the last quarter. Cbre Investment Management Listed Real Assets LLC bought a new position in shares of LXP Industrial Trust during the third quarter worth about $15,508,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of LXP Industrial Trust by 468.5% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,057,488 shares of the real estate investment trust’s stock worth $18,435,000 after purchasing an additional 1,695,558 shares during the last quarter. Finally, M&T Bank Corp acquired a new position in LXP Industrial Trust in the fourth quarter worth about $79,619,000. 93.52% of the stock is currently owned by institutional investors.

LXP Industrial Trust Stock Up 0.6%

Shares of NYSE:LXP opened at $52.32 on Friday. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 0.18. LXP Industrial Trust has a 52-week low of $38.20 and a 52-week high of $52.79. The company has a 50 day moving average of $49.44 and a two-hundred day moving average of $48.92. The company has a market capitalization of $3.08 billion, a price-to-earnings ratio of 35.35 and a beta of 1.06.

LXP Industrial Trust (NYSE:LXP) last posted its earnings results on Wednesday, April 29th. The real estate investment trust reported $0.80 EPS for the quarter. The business had revenue of $85.95 million for the quarter, compared to analysts’ expectations of $81.47 million. LXP Industrial Trust had a net margin of 27.05% and a return on equity of 4.80%. The business’s revenue for the quarter was down 3.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.16 earnings per share. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. As a group, analysts forecast that LXP Industrial Trust will post 3.31 earnings per share for the current fiscal year.

LXP Industrial Trust Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were issued a $0.70 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $2.80 annualized dividend and a yield of 5.4%. LXP Industrial Trust’s dividend payout ratio is currently 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.