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

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

Several other research firms have also recently weighed in on LXP. Citigroup restated an “outperform” rating on shares of LXP Industrial Trust in a research report on Friday, February 13th. KeyCorp lowered shares of LXP Industrial Trust from an “overweight” rating to a “sector weight” rating in a research report on Thursday, December 4th. JPMorgan Chase & Co. decreased their price target on shares of LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating on the stock in a research note on Thursday, March 5th. Weiss Ratings lowered shares of LXP Industrial Trust from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th. Finally, Evercore set a $51.00 price objective on shares of LXP Industrial Trust in a research report on Friday, February 13th. Three analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $51.50.

LXP Industrial Trust Price Performance

LXP Industrial Trust stock opened at $46.18 on Friday. The business’s fifty day moving average is $48.74 and its two-hundred day moving average is $47.92. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.24 and a current ratio of 0.24. The firm has a market cap of $2.73 billion, a P/E ratio of 25.51 and a beta of 1.09. LXP Industrial Trust has a 52 week low of $34.25 and a 52 week high of $52.52.

LXP Industrial Trust (NYSE:LXP) last announced its earnings results 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 net margin of 32.27% and a return on equity of 5.70%. The business had revenue of $86.74 million during the quarter, compared to analyst estimates of $86.05 million. During the same quarter last year, the business posted $0.16 earnings per share. The business’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. Equities research analysts forecast that LXP Industrial Trust will post 0.63 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in LXP. Xponance Inc. grew its holdings in LXP Industrial Trust by 0.9% during the third quarter. Xponance Inc. now owns 24,780 shares of the real estate investment trust’s stock valued at $222,000 after purchasing an additional 216 shares during the period. IFP Advisors Inc raised 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. Allworth Financial LP boosted its position in shares of LXP Industrial Trust by 5.9% during the third quarter. Allworth Financial LP now owns 5,969 shares of the real estate investment trust’s stock worth $53,000 after purchasing an additional 332 shares in the last quarter. EQ Wealth Advisors LLC bought a new position in shares of LXP Industrial Trust during the fourth quarter worth $34,000. Finally, Choreo LLC grew its holdings in shares of LXP Industrial Trust by 3.0% in the 3rd quarter. Choreo LLC now owns 29,751 shares of the real estate investment trust’s stock valued at $271,000 after buying an additional 854 shares during the period. 93.52% of the stock is currently owned by institutional investors and hedge funds.

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.