LXP Industrial Trust (NYSE:LXP) Receives Consensus Recommendation of “Hold” from Brokerages

LXP Industrial Trust (NYSE:LXP) has received an average rating of “Hold” from the seven brokerages that are currently covering the firm, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $51.8750.

Several equities research analysts recently weighed in on LXP shares. Evercore set a $51.00 price target on LXP Industrial Trust in a research report on Friday, February 13th. Wall Street Zen lowered LXP Industrial Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 2nd. JPMorgan Chase & Co. dropped their price target on 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. Weiss Ratings lowered LXP Industrial Trust from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 1st. Finally, Citigroup reissued an “outperform” rating on shares of LXP Industrial Trust in a report on Friday, February 13th.

Institutional Investors Weigh In On LXP Industrial Trust

Several hedge funds have recently added to or reduced their stakes in LXP. Caitong International Asset Management Co. Ltd bought a new stake in LXP Industrial Trust in the third quarter worth $26,000. EverSource Wealth Advisors LLC boosted its holdings in LXP Industrial Trust by 101.7% in the second quarter. EverSource Wealth Advisors LLC now owns 3,481 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 1,755 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in LXP Industrial Trust by 82.0% in the second 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 in the last quarter. EQ Wealth Advisors LLC bought a new stake in LXP Industrial Trust in the fourth quarter worth $34,000. Finally, IFP Advisors Inc boosted 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 acquiring an additional 326 shares in the last quarter. 93.52% of the stock is owned by institutional investors.

LXP Industrial Trust Trading Up 1.5%

NYSE LXP opened at $52.26 on Friday. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 0.18. LXP Industrial Trust has a twelve month low of $38.20 and a twelve month high of $52.79. The firm has a market capitalization of $3.08 billion, a PE ratio of 35.31 and a beta of 1.06. The stock’s 50 day moving average is $49.25 and its 200 day moving average is $48.87.

LXP Industrial Trust (NYSE:LXP) last released its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $0.80 earnings per share for the quarter. LXP Industrial Trust had a return on equity of 4.80% and a net margin of 27.05%.The company had revenue of $85.95 million for the quarter, compared to analyst estimates of $81.47 million. During the same period in the previous year, the company posted $0.16 earnings per share. The firm’s revenue was down 3.3% on a year-over-year basis. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. Research analysts forecast that LXP Industrial Trust will post 3.31 earnings per share for the current fiscal year.

LXP Industrial Trust Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were issued a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 5.4%. The ex-dividend date of this dividend was Tuesday, March 31st. LXP Industrial Trust’s payout ratio is 189.19%.

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.