LXP Industrial Trust (NYSE:LXP – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 3.300-3.400 for the period, compared to the consensus estimate of 3.310. The company issued revenue guidance of -.
Wall Street Analyst Weigh In
Several research firms have recently commented on LXP. Evercore set a $54.00 target price on LXP Industrial Trust in a research note on Monday, June 8th. Raymond James Financial began coverage on LXP Industrial Trust in a research note on Wednesday. They set a “market perform” rating on the stock. KeyCorp reiterated a “sector weight” rating on shares of LXP Industrial Trust in a report on Tuesday, June 9th. JPMorgan Chase & Co. lowered their price objective on LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating for the company in a research report on Thursday, March 5th. Finally, Citigroup reiterated a “market outperform” rating on shares of LXP Industrial Trust in a research report on Wednesday, June 3rd. Three equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, LXP Industrial Trust currently has a consensus rating of “Hold” and a consensus target price of $52.62.
Get Our Latest Research Report on LXP Industrial Trust
LXP Industrial Trust Stock Down 0.4%
LXP Industrial Trust (NYSE:LXP – Get Free Report) last issued 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 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 business’s quarterly revenue was down 3.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.16 earnings per share. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. As a group, sell-side analysts anticipate that LXP Industrial Trust will post 3.33 EPS for the current year.
LXP Industrial Trust Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 5.3%. The ex-dividend date is Tuesday, June 30th. LXP Industrial Trust’s dividend payout ratio is 189.19%.
Hedge Funds Weigh In On LXP Industrial Trust
Several institutional investors and hedge funds have recently modified their holdings of LXP. Odyssean LLC bought a new stake in LXP Industrial Trust in the 4th quarter valued at $346,000. Freestone Grove Partners LP bought a new position in LXP Industrial Trust during the 4th quarter worth about $498,000. Abel Hall LLC bought a new position in LXP Industrial Trust during the 4th quarter worth about $307,000. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of LXP Industrial Trust in the 4th quarter valued at about $5,680,000. Finally, Kestra Advisory Services LLC acquired a new stake in shares of LXP Industrial Trust in the 4th quarter valued at about $197,000. 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.
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