JPMorgan Chase & Co. Issues Pessimistic Forecast for LXP Industrial Trust (NYSE:LXP) Stock Price

LXP Industrial Trust (NYSE:LXP) had its target price lowered by research analysts at JPMorgan Chase & Co. from $50.00 to $49.00 in a research note issued on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the real estate investment trust’s stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 2.62% from the company’s previous close.

A number of other analysts have also weighed in on the stock. KeyCorp lowered shares of LXP Industrial Trust from an “overweight” rating to a “sector weight” rating in a research note on Thursday, December 4th. Evercore set a $51.00 price target on shares of LXP Industrial Trust in a research note on Friday, February 13th. Citigroup reiterated an “outperform” rating on shares of LXP Industrial Trust in a report on Friday, February 13th. Finally, Weiss Ratings lowered shares of LXP Industrial Trust from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th. Three analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $51.50.

LXP Industrial Trust Stock Performance

Shares of LXP Industrial Trust stock opened at $47.75 on Thursday. The stock has a market capitalization of $2.82 billion, a price-to-earnings ratio of 26.38 and a beta of 1.09. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.24 and a quick ratio of 0.24. The business has a 50-day moving average of $49.60 and a 200 day moving average of $47.65. LXP Industrial Trust has a 12 month low of $34.25 and a 12 month high of $52.52.

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

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. AE Wealth Management LLC increased its stake in LXP Industrial Trust by 8.1% in the third quarter. AE Wealth Management LLC now owns 290,568 shares of the real estate investment trust’s stock valued at $2,603,000 after purchasing an additional 21,826 shares during the last quarter. Allianz Asset Management GmbH lifted its position in shares of LXP Industrial Trust by 144.9% during the 3rd quarter. Allianz Asset Management GmbH now owns 1,008,049 shares of the real estate investment trust’s stock worth $9,032,000 after buying an additional 596,457 shares during the last quarter. AlphaQuest LLC boosted its holdings in shares of LXP Industrial Trust by 109.6% in the 3rd quarter. AlphaQuest LLC now owns 232,907 shares of the real estate investment trust’s stock valued at $2,087,000 after buying an additional 121,790 shares in the last quarter. Sequoia Financial Advisors LLC acquired a new position in shares of LXP Industrial Trust in the 3rd quarter valued at $227,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH grew its position in shares of LXP Industrial Trust by 8.3% in the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 273,313 shares of the real estate investment trust’s stock valued at $2,449,000 after buying an additional 20,913 shares during the last quarter. Hedge funds and other institutional investors own 93.52% of the company’s stock.

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.