LXP Industrial Trust (NYSE:LXP) Receives Consensus Recommendation of “Hold” from Analysts

Shares of LXP Industrial Trust (NYSE:LXP) have received an average rating of “Hold” from the seven analysts that are covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $52.6250.

A number of analysts have recently issued reports on LXP shares. Wall Street Zen cut shares of LXP Industrial Trust from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. Evercore set a $54.00 target price on shares of LXP Industrial Trust in a research note on Monday. Weiss Ratings cut shares of LXP Industrial Trust from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 1st. Citigroup restated a “market outperform” rating on shares of LXP Industrial Trust in a research note on Wednesday, June 3rd. Finally, JPMorgan Chase & Co. cut 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 note on Thursday, March 5th.

Institutional Trading of LXP Industrial Trust

Several hedge funds and other institutional investors have recently bought and sold shares of LXP. Balyasny Asset Management L.P. raised its stake in LXP Industrial Trust by 269.0% in the 2nd quarter. Balyasny Asset Management L.P. now owns 6,432,356 shares of the real estate investment trust’s stock worth $53,131,000 after purchasing an additional 4,688,972 shares in the last quarter. Aew Capital Management L P raised its stake in LXP Industrial Trust by 61.1% in 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 in the last quarter. Cbre Investment Management Listed Real Assets LLC acquired a new stake in LXP Industrial Trust in the 3rd quarter worth about $15,508,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in LXP Industrial Trust by 468.5% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,057,488 shares of the real estate investment trust’s stock worth $18,435,000 after purchasing an additional 1,695,558 shares in the last quarter. Finally, M&T Bank Corp acquired a new stake in LXP Industrial Trust in the 4th quarter worth about $79,619,000. Institutional investors and hedge funds own 93.52% of the company’s stock.

LXP Industrial Trust Stock Performance

NYSE LXP opened at $52.58 on Wednesday. The firm has a 50-day moving average of $50.53 and a 200-day moving average of $49.61. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.21 and a current ratio of 0.21. The stock has a market cap of $3.10 billion, a PE ratio of 35.53 and a beta of 1.05. LXP Industrial Trust has a 52-week low of $38.20 and a 52-week high of $53.38.

LXP Industrial Trust (NYSE:LXP) last posted its earnings results on Wednesday, April 29th. The real estate investment trust reported $0.80 earnings per share (EPS) for the quarter. The company had revenue of $85.95 million during the quarter, compared to analysts’ expectations of $81.47 million. LXP Industrial Trust had a net margin of 27.05% and a return on equity of 4.80%. LXP Industrial Trust’s quarterly revenue was down 3.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.16 EPS. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. On average, sell-side analysts anticipate that LXP Industrial Trust will post 3.33 EPS for the current year.

LXP Industrial Trust Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were paid a $0.70 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $2.80 annualized dividend and a yield of 5.3%. LXP Industrial Trust’s payout ratio is 189.19%.

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.