LXP Industrial Trust (NYSE:LXP – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday. 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 equities research analysts have recently commented on the stock. Raymond James Financial started coverage on shares of LXP Industrial Trust in a research report on Wednesday. They set a “market perform” rating for the company. Evercore set a $54.00 price target on shares of LXP Industrial Trust in a research report on Monday, June 8th. JPMorgan Chase & Co. cut their price target on 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. KeyCorp reissued a “sector weight” rating on shares of LXP Industrial Trust in a report on Tuesday, June 9th. Finally, Wall Street Zen raised LXP Industrial Trust from a “sell” rating to a “hold” rating in a research note on Saturday, June 13th. Three research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, LXP Industrial Trust presently has an average rating of “Hold” and an average price target of $52.62.
Check Out Our Latest Stock Report on LXP Industrial Trust
LXP Industrial Trust Price Performance
LXP Industrial Trust (NYSE:LXP – Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $0.80 EPS for the quarter. LXP Industrial Trust had a net margin of 27.05% and a return on equity of 4.80%. The company had revenue of $85.95 million for the quarter, compared to analysts’ expectations of $81.47 million. During the same quarter in the previous year, the firm posted $0.16 EPS. LXP Industrial Trust’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. On average, research analysts expect that LXP Industrial Trust will post 3.33 EPS for the current year.
LXP Industrial Trust Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be paid a $0.70 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $2.80 annualized dividend and a dividend yield of 5.3%. LXP Industrial Trust’s payout ratio is presently 189.19%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. California State Teachers Retirement System raised its stake in LXP Industrial Trust by 0.5% in the 2nd quarter. California State Teachers Retirement System now owns 271,954 shares of the real estate investment trust’s stock valued at $2,246,000 after acquiring an additional 1,474 shares during the period. Geneos Wealth Management Inc. boosted its position in LXP Industrial Trust by 82.0% during the second quarter. Geneos Wealth Management Inc. now owns 3,623 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 1,632 shares during the period. Smartleaf Asset Management LLC boosted its position in LXP Industrial Trust by 14.3% during the second quarter. Smartleaf Asset Management LLC now owns 13,954 shares of the real estate investment trust’s stock worth $118,000 after purchasing an additional 1,742 shares during the period. EverSource Wealth Advisors LLC boosted its position in LXP Industrial Trust by 101.7% during the second quarter. EverSource Wealth Advisors LLC now owns 3,481 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 1,755 shares during the period. Finally, Caitong International Asset Management Co. Ltd purchased a new position in shares of LXP Industrial Trust in the third quarter worth about $26,000. Institutional investors own 93.52% of the company’s stock.
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.
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