LXP Industrial Trust (NYSE:LXP) Rating Lowered to “Sell” at Wall Street Zen

LXP Industrial Trust (NYSE:LXP) was downgraded by investment analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report issued on Saturday.

A number of other brokerages also recently issued reports on LXP. Weiss Ratings downgraded shares of LXP Industrial Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. JPMorgan Chase & Co. dropped their target price on shares of LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating for the company in a research report on Thursday, March 5th. 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 report on Friday, February 13th. Finally, Citigroup reissued an “outperform” rating on shares of LXP Industrial Trust in a research note on Friday, February 13th. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $51.50.

LXP Industrial Trust Stock Up 0.1%

Shares of NYSE:LXP opened at $46.18 on Friday. The stock’s 50-day moving average is $48.74 and its 200 day moving average is $47.96. The company has a market cap of $2.73 billion, a PE ratio of 25.51 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. LXP Industrial Trust has a 1 year low of $34.25 and a 1 year high of $52.52.

LXP Industrial Trust (NYSE:LXP) last released its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.79 earnings per share for the quarter, missing the consensus estimate 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 during the quarter, compared to analysts’ expectations of $86.05 million. During the same quarter last year, the business posted $0.16 EPS. The company’s quarterly revenue was down 14.0% compared to the same quarter last year. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. Sell-side analysts anticipate that LXP Industrial Trust will post 0.63 EPS for the current year.

Institutional Trading of LXP Industrial Trust

A number of hedge funds have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd purchased a new stake in shares of LXP Industrial Trust in the 3rd quarter worth about $26,000. EverSource Wealth Advisors LLC lifted its position in 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 valued at $29,000 after acquiring an additional 1,755 shares during the period. Geneos Wealth Management Inc. boosted its stake 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 worth $30,000 after acquiring an additional 1,632 shares in the last quarter. EQ Wealth Advisors LLC bought a new stake in LXP Industrial Trust during the fourth quarter worth about $34,000. Finally, IFP Advisors Inc grew its holdings in LXP Industrial Trust by 63.8% in the fourth 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. Institutional investors own 93.52% of the company’s stock.

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.