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

Shares of LXP Industrial Trust (NYSE:LXP) have been assigned a consensus rating of “Hold” from the nine research firms that are presently covering the company, MarketBeat.com reports. Five research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $55.10.

LXP has been the topic of a number of recent research reports. BMO Capital Markets assumed coverage on LXP Industrial Trust in a research report on Thursday. They issued an “outperform” rating and a $65.00 price objective on the stock. Evercore set a $54.00 target price on LXP Industrial Trust in a research report on Monday, June 8th. Raymond James Financial started coverage on LXP Industrial Trust in a research note on Wednesday, June 17th. They set a “market perform” rating on the stock. Wall Street Zen upgraded LXP Industrial Trust from a “sell” rating to a “hold” rating in a report on Saturday, June 13th. Finally, Citigroup reiterated a “market outperform” rating on shares of LXP Industrial Trust in a research report on Wednesday, June 3rd.

Institutional Investors Weigh In On LXP Industrial Trust

A number of institutional investors and hedge funds have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd acquired a new position in LXP Industrial Trust in the third quarter valued at approximately $26,000. EverSource Wealth Advisors LLC grew its holdings 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 acquiring an additional 1,755 shares during the period. Geneos Wealth Management Inc. grew its holdings 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 acquiring an additional 1,632 shares during the period. EQ Wealth Advisors LLC bought a new stake in shares of LXP Industrial Trust during the 4th quarter valued at $34,000. Finally, IFP Advisors Inc raised its position in shares of LXP Industrial Trust by 63.8% during 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 during the last quarter. 93.52% of the stock is owned by institutional investors.

LXP Industrial Trust Price Performance

Shares of LXP stock opened at $55.03 on Friday. LXP Industrial Trust has a 1 year low of $38.20 and a 1 year high of $56.93. The firm’s 50 day moving average is $52.79 and its 200-day moving average is $50.44. The firm has a market capitalization of $3.24 billion, a price-to-earnings ratio of 37.18 and a beta of 1.04. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.18.

LXP Industrial Trust (NYSE:LXP) last released its quarterly 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%. LXP Industrial Trust’s revenue was down 3.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.16 earnings per share. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. Sell-side analysts forecast that LXP Industrial Trust will post 3.34 EPS for the current fiscal year.

LXP Industrial Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be paid a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 5.1%. The ex-dividend date of this dividend is Tuesday, June 30th. 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.