LXP Industrial Trust (NYSE:LXP) Announces Quarterly Earnings Results

LXP Industrial Trust (NYSE:LXP) posted its quarterly earnings data on Thursday. The real estate investment trust reported $0.79 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.85 by ($0.06), Briefing.com reports. LXP Industrial Trust had a net margin of 32.27% and a return on equity of 5.70%. The business had revenue of $86.74 million for the quarter, compared to the consensus estimate of $86.05 million. During the same period in the prior year, the business posted $0.16 EPS. LXP Industrial Trust’s quarterly revenue was down 14.0% on a year-over-year basis. LXP Industrial Trust updated its FY 2026 guidance to 3.220-3.370 EPS.

Here are the key takeaways from LXP Industrial Trust’s conference call:

• The company reduced leverage to 4.9x net debt/adjusted EBITDA, repaid about $220M of debt, extended its credit facilities, and held $170M in cash — actions S&P cited in a positive outlook and management says this strengthens the balance sheet for disciplined growth.
• Portfolio occupancy rose to 97.1% and LXP leased nearly 5 million sq ft in 2025 with attractive mark-to-market cash increases (~28%, excluding fixed-rate renewals), driven by large-user demand in target Sun Belt and Lower Midwest markets.
• 2026 guidance calls for adjusted company FFO of $3.22–$3.37 per share (midpoint ≈ +4.6%) and same-store NOI growth of 1.5%–2.5%, assuming Q4 sale proceeds are redeployed into the Phoenix development and no other dispositions.
• LXP will break ground on a 1 million sq ft spec project in Phoenix (budget ~$120M, expected stabilized cash yield 7%–7.5%, completion targeted H1 2027), citing tighter supply and lower construction costs as supportive for development returns.
• Management sold $389M of assets in 2025 (exiting non-target markets) and says holding cash and redeploying proceeds to development is currently weighing on near-term earnings, with some asset sales expected to be a drag on 2026 FFO before contributing to future growth.

LXP Industrial Trust Trading Down 1.0%

NYSE:LXP opened at $47.76 on Friday. The firm has a 50 day moving average of $50.05 and a 200 day moving average of $46.77. The stock has a market capitalization of $2.83 billion, a price-to-earnings ratio of 26.39 and a beta of 1.10. LXP Industrial Trust has a 52 week low of $44.17 and a 52 week high of $97.90. The company has a quick ratio of 0.26, a current ratio of 0.24 and a debt-to-equity ratio of 0.18.

Institutional Trading of LXP Industrial Trust

A number of hedge funds have recently added to or reduced their stakes in LXP. Caitong International Asset Management Co. Ltd purchased a new position in LXP Industrial Trust during the third quarter worth approximately $26,000. EverSource Wealth Advisors LLC raised its stake in shares of LXP Industrial Trust by 101.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,481 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 1,755 shares during the period. Geneos Wealth Management Inc. boosted its stake in shares of 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 valued at $30,000 after purchasing an additional 1,632 shares during the period. Corient Private Wealth LLC purchased a new position in shares of LXP Industrial Trust in the 2nd quarter valued at about $90,000. Finally, CW Advisors LLC acquired a new stake in shares of LXP Industrial Trust during the second quarter worth about $112,000. 93.52% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on LXP. Citizens Jmp raised shares of LXP Industrial Trust from a “market perform” rating to an “outperform” rating and set a $57.50 price target for the company in a research note on Tuesday, October 28th. JMP Securities set a $57.50 price target on shares of LXP Industrial Trust and gave the company a “market outperform” rating in a research report on Tuesday, October 28th. Evercore ISI set a $51.00 price target on LXP Industrial Trust in a report on Friday. Citigroup reiterated an “outperform” rating on shares of LXP Industrial Trust in a research note on Friday. Finally, KeyCorp lowered LXP Industrial Trust from an “overweight” rating to a “sector weight” rating in a research note on Thursday, December 4th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $53.50.

Trending Headlines about LXP Industrial Trust

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

• Positive Sentiment: Company issued aggressive FY‑2026 EPS guidance of $3.220–$3.370, well above the prior consensus (reported at ~1.40), signaling management expects substantially higher earnings next year — a major positive for long‑term outlook and valuation. Press Release
• Positive Sentiment: LXP is actively refocusing its portfolio and advancing a Phoenix development project, suggesting growth and value‑creation from development and disposition activity over time. This supports the stronger FY guide if redeployments and development stabilise cash flow. Article
• Positive Sentiment: Management emphasized deleveraging and a healthy balance sheet (low debt/equity ~0.18) on the call, which reduces financial risk and gives capacity for selective growth or shareholder returns. Note
• Neutral Sentiment: Detailed Q4 results, slide deck and call transcript published — useful for modeling the FY guide drivers (dispositions, development ramps, and one‑offs). Investors will parse these to reconcile the big guide with the modest quarter. Slide Deck Presentation
• Negative Sentiment: Q4 FFO (reported as $0.79) missed consensus (~$0.85) and revenue was down ~14% year‑over‑year, raising near‑term growth concerns and likely explaining the intraday selling pressure. Zacks
• Negative Sentiment: Despite the strong FY guide, the Q4 miss and a sharp year‑over‑year revenue decline increase short‑term uncertainty; markets may be discounting execution risk on development/disposition assumptions and timing of earnings realization. Earnings Summary

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.