Citizens Jmp Reaffirms Market Perform Rating for LXP Industrial Trust (NYSE:LXP)

LXP Industrial Trust (NYSE:LXP)‘s stock had its “market perform” rating reissued by equities researchers at Citizens Jmp in a report issued on Tuesday,Benzinga reports.

Several other analysts also recently issued reports on LXP. BMO Capital Markets initiated coverage on LXP Industrial Trust in a report on Thursday, July 9th. They issued an “outperform” rating and a $65.00 price target for the company. Weiss Ratings upgraded LXP Industrial Trust from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, June 15th. KeyCorp reissued a “sector weight” rating on shares of LXP Industrial Trust in a research report on Tuesday, June 9th. Wall Street Zen downgraded shares of LXP Industrial Trust from a “hold” rating to a “sell” rating in a research report on Sunday, July 12th. Finally, Evercore set a $54.00 target price on shares of LXP Industrial Trust in a research note on Monday, June 8th. Three research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $55.20.

LXP Industrial Trust Trading Up 4.1%

NYSE LXP opened at $60.90 on Tuesday. LXP Industrial Trust has a one year low of $38.20 and a one year high of $61.61. The company’s 50 day moving average price is $53.54 and its 200 day moving average price is $50.75. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.21 and a current ratio of 0.21. The firm has a market capitalization of $3.59 billion, a price-to-earnings ratio of 41.15 and a beta of 1.04.

LXP Industrial Trust (NYSE:LXP) last released 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 during the quarter, compared to the consensus estimate of $81.47 million. During the same period in the previous year, the firm earned $0.16 earnings per share. LXP Industrial Trust’s revenue for the quarter was down 3.3% on a year-over-year basis. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. On average, sell-side analysts predict that LXP Industrial Trust will post 3.34 EPS for the current year.

Institutional Trading of LXP Industrial Trust

A number of hedge funds have recently bought and sold shares of LXP. Caitong International Asset Management Co. Ltd acquired a new position in LXP Industrial Trust in the 3rd quarter worth approximately $26,000. EverSource Wealth Advisors LLC increased its stake in shares of 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 purchasing an additional 1,755 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in 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 purchasing an additional 1,632 shares during the last quarter. EQ Wealth Advisors LLC bought a new stake in LXP Industrial Trust during the 4th quarter valued at 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 last quarter. 93.52% of the stock is owned by hedge funds and other institutional investors.

LXP Industrial Trust News Summary

Here are the key news stories impacting LXP Industrial Trust this week:

• Positive Sentiment: The announced buyout sets a fixed cash offer of $61.20 per share, giving shareholders a premium and a defined takeover value. Brookfield and CPP Investments to Acquire LXP Industrial Trust in $5.2 Billion All-Cash Transaction
• Positive Sentiment: The deal was unanimously approved by LXP’s Board of Trustees, which lowers execution uncertainty and supports investor confidence in the transaction. LXP Industrial Trust agrees to $5.2 billion deal by Brookfield, CPP Investments
• Neutral Sentiment: The merger still needs shareholder approval and other closing conditions, and the agreement includes a 40-day go-shop period that could attract a higher bid, adding some deal uncertainty. Brookfield and CPP Investments to Acquire LXP Industrial Trust in $5.2 Billion All-Cash Transaction
• Negative Sentiment: Multiple law firms have announced investigations into whether the sale price is fair to shareholders, increasing the risk of litigation and deal-related friction. Johnson Fistel Investigates Proposed Acquisition of LXP Industrial Trust
• Negative Sentiment: LXP agreed to suspend common share dividends until the deal closes or is terminated, which removes near-term income for income-focused investors. Brookfield and CPP Investments to Acquire LXP Industrial Trust in $5.2 Billion All-Cash Transaction

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.