Shares of LXP Industrial Trust (NYSE:LXP – Get Free Report) have received an average recommendation of “Hold” from the seven research firms that are covering the firm, 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 target price among brokers that have issued ratings on the stock in the last year is $51.8750.
Several equities analysts have recently issued reports on LXP shares. JPMorgan Chase & Co. lowered their price target 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. Wall Street Zen lowered LXP Industrial Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 2nd. Weiss Ratings lowered LXP Industrial Trust from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 1st. Citigroup reaffirmed an “outperform” rating on shares of LXP Industrial Trust in a research report on Friday, February 13th. Finally, Evercore set a $51.00 price target on LXP Industrial Trust in a research report on Friday, February 13th.
Check Out Our Latest Analysis on LXP
Institutional Investors Weigh In On LXP Industrial Trust
LXP Industrial Trust Stock Performance
Shares of LXP Industrial Trust stock opened at $50.83 on Friday. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $3.00 billion, a P/E ratio of 34.34 and a beta of 1.06. The business has a fifty day simple moving average of $49.03 and a two-hundred day simple moving average of $48.78. LXP Industrial Trust has a 12 month low of $38.20 and a 12 month high of $52.79.
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 earnings per share (EPS) for the quarter. The firm had revenue of $85.95 million during the quarter, compared to analyst estimates of $81.47 million. LXP Industrial Trust had a return on equity of 4.80% and a net margin of 27.05%.LXP Industrial Trust’s quarterly revenue was down 3.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.16 EPS. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. On average, equities analysts forecast that LXP Industrial Trust will post 3.31 earnings per share for the current fiscal year.
LXP Industrial Trust Cuts Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were issued a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 5.5%. The ex-dividend date was Tuesday, March 31st. LXP Industrial Trust’s dividend payout ratio (DPR) is presently 189.19%.
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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