LXP Industrial Trust (NYSE:LXP) Given Average Rating of “Hold” by Brokerages

Shares of LXP Industrial Trust (NYSE:LXP) have earned an average rating of “Hold” from the seven ratings firms that are presently covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $51.50.

LXP has been the subject of several research analyst reports. Weiss Ratings cut LXP Industrial Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Citigroup restated an “outperform” rating on shares of LXP Industrial Trust in a research note on Friday, February 13th. Evercore set a $51.00 price objective on shares of LXP Industrial Trust in a report on Friday, February 13th. JPMorgan Chase & Co. reduced their price objective on shares of LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating on the stock in a research report on Thursday. Finally, KeyCorp lowered shares of LXP Industrial Trust from an “overweight” rating to a “sector weight” rating in a research report on Thursday, December 4th.

LXP Industrial Trust Stock Down 1.5%

Shares of LXP stock opened at $47.75 on Monday. The company has a market capitalization of $2.82 billion, a price-to-earnings ratio of 26.38 and a beta of 1.09. LXP Industrial Trust has a one year low of $34.25 and a one year high of $52.52. The company’s fifty day moving average price is $49.60 and its 200-day moving average price is $47.65. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.24 and a quick ratio of 0.24.

LXP Industrial Trust (NYSE:LXP) last issued its earnings results on Thursday, February 12th. The real estate investment trust reported $0.79 earnings per share for the quarter, missing the consensus estimate of $0.85 by ($0.06). The firm had revenue of $86.74 million during the quarter, compared to the consensus estimate of $86.05 million. LXP Industrial Trust had a return on equity of 5.70% and a net margin of 32.27%.The company’s quarterly revenue was down 14.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.16 EPS. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. Sell-side analysts expect that LXP Industrial Trust will post 0.63 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Odyssean LLC purchased a new position in shares of LXP Industrial Trust during the fourth quarter valued at about $346,000. Freestone Grove Partners LP purchased a new stake in shares of LXP Industrial Trust in the fourth quarter worth about $498,000. Abel Hall LLC bought a new position in LXP Industrial Trust during the fourth quarter valued at approximately $307,000. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in LXP Industrial Trust during the 4th quarter valued at approximately $5,680,000. Finally, Kennedy Capital Management LLC purchased a new position in LXP Industrial Trust during the 4th quarter valued at approximately $15,787,000. Institutional investors own 93.52% of the company’s stock.

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.