LXP Industrial Trust (NYSE:LXP) Given Consensus Rating of “Hold” by Analysts

LXP Industrial Trust (NYSE:LXP) has been assigned a consensus recommendation of “Hold” from the seven brokerages that are covering the firm, Marketbeat reports. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $51.50.

Several analysts recently commented on LXP shares. Citigroup reiterated an “outperform” rating on shares of LXP Industrial Trust in a research note on Friday, February 13th. Evercore set a $51.00 price target on LXP Industrial Trust in a research note on Friday, February 13th. JPMorgan Chase & Co. lowered their price target on LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating on the stock in a report on Thursday, March 5th. Weiss Ratings downgraded LXP Industrial Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Finally, KeyCorp downgraded LXP Industrial Trust from an “overweight” rating to a “sector weight” rating in a research report on Thursday, December 4th.

Institutional Investors Weigh In On LXP Industrial Trust

Large investors have recently added to or reduced their stakes in the business. Allianz Asset Management GmbH lifted its holdings in shares of LXP Industrial Trust by 144.9% in the third quarter. Allianz Asset Management GmbH now owns 1,008,049 shares of the real estate investment trust’s stock valued at $9,032,000 after purchasing an additional 596,457 shares in the last quarter. AE Wealth Management LLC grew its position in shares of 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. AlphaQuest LLC increased its stake in shares of LXP Industrial Trust by 109.6% during the 3rd quarter. AlphaQuest LLC now owns 232,907 shares of the real estate investment trust’s stock worth $2,087,000 after purchasing an additional 121,790 shares in the last quarter. Aew Capital Management L P raised its position in shares of LXP Industrial Trust by 61.1% during the 3rd quarter. Aew Capital Management L P now owns 9,135,734 shares of the real estate investment trust’s stock worth $81,856,000 after purchasing an additional 3,465,123 shares during the last quarter. Finally, Sequoia Financial Advisors LLC acquired a new position in shares of LXP Industrial Trust during the 3rd quarter worth approximately $227,000. 93.52% of the stock is owned by institutional investors and hedge funds.

LXP Industrial Trust Stock Performance

Shares of LXP stock opened at $46.77 on Friday. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.18. The stock has a 50 day simple moving average of $48.84 and a 200-day simple moving average of $47.92. The company has a market cap of $2.76 billion, a price-to-earnings ratio of 25.84 and a beta of 1.09. 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 announced its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.79 earnings per share for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.06). LXP Industrial Trust had a return on equity of 5.70% and a net margin of 32.27%.The business had revenue of $86.74 million for the quarter, compared to analyst estimates of $86.05 million. During the same period in the prior year, the company earned $0.16 EPS. The company’s revenue was down 14.0% on a year-over-year basis. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. On average, equities analysts forecast that LXP Industrial Trust will post 0.63 EPS for the current year.

LXP Industrial Trust Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 6.0%. The ex-dividend date of this dividend is Tuesday, March 31st. LXP Industrial Trust’s payout ratio is 30.94%.

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.