LXP Industrial Trust (NYSE:LXP) Receives $52.62 Average Target Price from Analysts

Shares of LXP Industrial Trust (NYSE:LXP) have earned a consensus rating of “Hold” from the nine ratings firms that are presently covering the stock, Marketbeat reports. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $55.10.

A number of equities research analysts have recently weighed in on LXP shares. Citigroup restated a “market outperform” rating on shares of LXP Industrial Trust in a report on Wednesday, June 3rd. KeyCorp reissued a “sector weight” rating on shares of LXP Industrial Trust in a report on Tuesday, June 9th. Wall Street Zen downgraded LXP Industrial Trust from a “hold” rating to a “sell” rating in a report on Sunday. Raymond James Financial assumed coverage on LXP Industrial Trust in a research report on Wednesday, June 17th. They set a “market perform” rating for the company. Finally, Evercore set a $54.00 price objective on LXP Industrial Trust in a report on Monday, June 8th.

Institutional Trading of LXP Industrial Trust

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LXP. EQ Wealth Advisors LLC purchased a new stake in shares of LXP Industrial Trust during the 4th quarter worth approximately $34,000. IFP Advisors Inc grew its position in shares of 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 valued at $41,000 after buying an additional 326 shares during the last quarter. Summit Securities Group LLC acquired a new stake in LXP Industrial Trust during the 1st quarter worth $83,000. Caitong International Asset Management Co. Ltd acquired a new stake in LXP Industrial Trust during the 3rd quarter worth $26,000. Finally, EverSource Wealth Advisors LLC lifted its position in LXP Industrial Trust by 101.7% in the second 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 last quarter. Institutional investors and hedge funds own 93.52% of the company’s stock.

LXP Industrial Trust Stock Down 0.1%

Shares of LXP stock traded down $0.05 during trading hours on Friday, reaching $55.01. 317,429 shares of the stock were exchanged, compared to its average volume of 547,121. The business’s fifty day moving average is $52.89 and its two-hundred day moving average is $50.47. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.21 and a quick ratio of 0.21. LXP Industrial Trust has a 12-month low of $38.20 and a 12-month high of $56.93. The firm has a market capitalization of $3.24 billion, a P/E ratio of 37.17 and a beta of 1.04.

LXP Industrial Trust (NYSE:LXP) last issued its quarterly earnings results 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 quarter in the previous year, the firm earned $0.16 earnings per share. The firm’s quarterly revenue 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. As a group, research analysts expect that LXP Industrial Trust will post 3.34 EPS for the current fiscal year.

LXP Industrial Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date of this dividend is Tuesday, June 30th. LXP Industrial Trust’s dividend payout ratio is 189.19%.

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.