LXP Industrial Trust (NYSE:LXP) Given Consensus Recommendation of “Hold” by Brokerages

Shares of LXP Industrial Trust (NYSE:LXP) have been given a consensus recommendation of “Hold” by the seven analysts that are presently covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $51.50.

Several research analysts recently weighed in on LXP shares. Citigroup reissued an “outperform” rating on shares of LXP Industrial Trust in a research note on Friday, February 13th. JPMorgan Chase & Co. dropped their price objective 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. 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. KeyCorp cut shares of LXP Industrial Trust from an “overweight” rating to a “sector weight” rating in a research report on Thursday, December 4th. Finally, Wall Street Zen downgraded shares of LXP Industrial Trust from a “hold” rating to a “sell” rating in a report on Saturday.

LXP Industrial Trust Trading Down 0.2%

Shares of LXP Industrial Trust stock opened at $46.28 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.24 and a quick ratio of 0.24. LXP Industrial Trust has a 1 year low of $34.25 and a 1 year high of $52.52. The company has a market capitalization of $2.73 billion, a P/E ratio of 25.57 and a beta of 1.09. The business has a 50 day moving average price of $48.57 and a 200 day moving average price of $47.96.

LXP Industrial Trust (NYSE:LXP) last announced its earnings results on Thursday, February 12th. The real estate investment trust reported $0.79 EPS for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.06). The company had revenue of $86.74 million for the quarter, compared to analyst estimates of $86.05 million. LXP Industrial Trust had a net margin of 32.27% and a return on equity of 5.70%. LXP Industrial Trust’s quarterly revenue was down 14.0% 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. Sell-side analysts anticipate that LXP Industrial Trust will post 0.63 EPS for the current fiscal year.

LXP Industrial Trust Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date is Tuesday, March 31st. LXP Industrial Trust’s dividend payout ratio (DPR) is 154.70%.

Institutional Trading of LXP Industrial Trust

Institutional investors and hedge funds have recently made changes to their positions in the company. Norges Bank purchased a new position in LXP Industrial Trust in the second quarter valued at about $58,163,000. Balyasny Asset Management L.P. boosted its position in shares of LXP Industrial Trust by 269.0% in the second 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 buying an additional 4,688,972 shares during the period. Aew Capital Management L P boosted its position in shares of LXP Industrial Trust by 61.1% in the third 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 buying an additional 3,465,123 shares during the period. Cbre Investment Management Listed Real Assets LLC acquired a new stake in shares of LXP Industrial Trust in the third quarter valued at about $15,508,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of LXP Industrial Trust by 468.5% in the third 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 valued at $18,435,000 after buying an additional 1,695,558 shares in the last quarter. 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.