LXP Industrial Trust (NYSE:LXP) Receives $52.63 Average Price Target from Analysts

LXP Industrial Trust (NYSE:LXP) has earned an average rating of “Hold” from the seven analysts that are presently covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $52.6250.

Several brokerages recently issued reports on LXP. Wall Street Zen raised shares of LXP Industrial Trust from a “sell” rating to a “hold” rating in a report on Saturday. Citigroup reissued a “market outperform” rating on shares of LXP Industrial Trust in a report on Wednesday, June 3rd. JPMorgan Chase & Co. cut their price target on shares of LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating for the company in a report on Thursday, March 5th. Weiss Ratings raised shares of LXP Industrial Trust from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday. Finally, KeyCorp reissued a “sector weight” rating on shares of LXP Industrial Trust in a report on Tuesday, June 9th.

LXP Industrial Trust Price Performance

NYSE:LXP opened at $54.06 on Wednesday. The company has a 50-day moving average of $51.24 and a 200-day moving average of $49.81. The company has a market capitalization of $3.19 billion, a price-to-earnings ratio of 36.52 and a beta of 1.05. LXP Industrial Trust has a 52 week low of $38.20 and a 52 week high of $54.71. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.21 and a current ratio of 0.21.

LXP Industrial Trust (NYSE:LXP) last released its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $0.80 EPS for the quarter. The company had revenue of $85.95 million during 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 firm’s revenue for the quarter was down 3.3% compared to the same quarter last year. During the same period last year, the firm earned $0.16 EPS. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. As a group, equities research analysts anticipate that LXP Industrial Trust will post 3.33 earnings per share for the current fiscal year.

LXP Industrial Trust Announces Dividend

The company 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 dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 5.2%. The ex-dividend date of this dividend is Tuesday, June 30th. LXP Industrial Trust’s dividend payout ratio (DPR) is currently 189.19%.

Institutional Investors Weigh In On LXP Industrial Trust

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE increased its position in LXP Industrial Trust by 21.9% in the 1st quarter. Bank of America Corp DE now owns 437,195 shares of the real estate investment trust’s stock valued at $20,225,000 after acquiring an additional 78,685 shares in the last quarter. Edgestream Partners L.P. acquired a new stake in LXP Industrial Trust in the 1st quarter valued at about $1,629,000. Amundi increased its position in LXP Industrial Trust by 46.9% in the 1st quarter. Amundi now owns 61,734 shares of the real estate investment trust’s stock valued at $2,856,000 after acquiring an additional 19,713 shares in the last quarter. California State Teachers Retirement System increased its position in LXP Industrial Trust by 30.7% in the 1st quarter. California State Teachers Retirement System now owns 71,015 shares of the real estate investment trust’s stock valued at $3,285,000 after acquiring an additional 16,673 shares in the last quarter. Finally, Quantinno Capital Management LP increased its position in LXP Industrial Trust by 128.1% in the 1st quarter. Quantinno Capital Management LP now owns 41,933 shares of the real estate investment trust’s stock valued at $1,940,000 after acquiring an additional 23,550 shares in the last quarter. Institutional investors and hedge funds own 93.52% of the company’s stock.

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.