LXP Industrial Trust (NYSE:LXP) Downgraded to “Sell” Rating by Wall Street Zen

LXP Industrial Trust (NYSE:LXP) was downgraded by equities researchers at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Sunday.

LXP has been the topic of several other research reports. Weiss Ratings upgraded shares of LXP Industrial Trust from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, June 15th. BMO Capital Markets initiated coverage on shares of LXP Industrial Trust in a report on Thursday. They issued an “outperform” rating and a $65.00 price objective for the company. Citigroup restated a “market outperform” rating on shares of LXP Industrial Trust in a report on Wednesday, June 3rd. KeyCorp reiterated a “sector weight” rating on shares of LXP Industrial Trust in a research note on Tuesday, June 9th. Finally, Evercore set a $54.00 target price on LXP Industrial Trust in a report on Monday, June 8th. Four research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $55.10.

LXP Industrial Trust Stock Down 0.1%

LXP Industrial Trust stock traded down $0.05 during mid-day trading on Friday, reaching $55.01. The stock had a trading volume of 317,429 shares, compared to its average volume of 547,121. The company has a market capitalization of $3.24 billion, a price-to-earnings ratio of 37.17 and a beta of 1.04. The company has a 50-day moving average price of $52.89 and a two-hundred day moving average price of $50.47. LXP Industrial Trust has a one year low of $38.20 and a one year high of $56.93. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.21 and a quick ratio of 0.21.

LXP Industrial Trust (NYSE:LXP) last announced its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $0.80 EPS for the quarter. The company had revenue of $85.95 million for the quarter, compared to the consensus estimate 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 for the quarter was down 3.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.16 EPS. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. On average, analysts expect that LXP Industrial Trust will post 3.34 EPS for the current fiscal year.

Institutional Trading of LXP Industrial Trust

A number of large investors have recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd purchased a new position in shares of LXP Industrial Trust during the third quarter valued at approximately $26,000. EverSource Wealth Advisors LLC boosted its holdings in LXP Industrial Trust by 101.7% in 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 during the last quarter. Geneos Wealth Management Inc. boosted its holdings in LXP Industrial Trust by 82.0% in 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 during the last quarter. EQ Wealth Advisors LLC purchased a new stake in LXP Industrial Trust in the fourth quarter worth approximately $34,000. Finally, IFP Advisors Inc grew its position 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 during the period. 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.