LXP Industrial Trust (NYSE:LXP) Rating Increased to Hold at Wall Street Zen

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

Other research analysts also recently issued reports about the stock. JPMorgan Chase & Co. dropped their target price on shares of LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating on the stock in a research report on Thursday, March 5th. KeyCorp reissued a “sector weight” rating on shares of LXP Industrial Trust in a research report on Tuesday. Citigroup reissued a “market outperform” rating on shares of LXP Industrial Trust in a research report on Wednesday, June 3rd. Evercore set a $54.00 price objective on shares of LXP Industrial Trust in a research report on Monday. Finally, Weiss Ratings downgraded shares of LXP Industrial Trust from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 1st. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $52.63.

LXP Industrial Trust Trading Up 1.0%

NYSE LXP opened at $53.11 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.21 and a quick ratio of 0.21. The firm’s fifty day moving average price is $50.92 and its 200 day moving average price is $49.72. The company has a market capitalization of $3.13 billion, a price-to-earnings ratio of 35.89 and a beta of 1.05. LXP Industrial Trust has a 12 month low of $38.20 and a 12 month high of $53.63.

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd purchased a new position in LXP Industrial Trust during the 3rd quarter worth $26,000. EverSource Wealth Advisors LLC grew 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 worth $29,000 after purchasing an additional 1,755 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of LXP Industrial Trust by 82.0% in the 2nd 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 during the period. EQ Wealth Advisors LLC acquired a new stake in shares of LXP Industrial Trust in the 4th quarter worth $34,000. Finally, IFP Advisors Inc lifted its stake 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 worth $41,000 after acquiring an additional 326 shares during the period. 93.52% of the stock is owned by hedge funds and other institutional investors.

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.