LXP Industrial Trust (NYSE:LXP) Sets New 12-Month High – Here’s What Happened

Posted by Brenda Bartman on May 26th, 2026

LXP Industrial Trust (NYSE:LXP – Get Free Report)’s share price hit a new 52-week high on Tuesday . The company traded as high as $52.94 and last traded at $52.73, with a volume of 6451 shares changing hands. The stock had previously closed at $52.24.

Analysts Set New Price Targets

LXP has been the subject of a number of research analyst reports. 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 note on Friday, February 13th. JPMorgan Chase & Co. decreased their price target on shares of LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating on the stock in a research note on Thursday, March 5th. Evercore set a $51.00 price target on shares of LXP Industrial Trust in a research note on Friday, February 13th. Finally, Wall Street Zen downgraded shares of LXP Industrial Trust from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $51.88.

View Our Latest Stock Analysis on LXP Industrial Trust

LXP Industrial Trust Trading Up 1.1%

The company has a market cap of $3.11 billion, a PE ratio of 35.70 and a beta of 1.06. The stock’s 50 day moving average is $49.54 and its 200-day moving average is $48.96. 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 (NYSE:LXP – Get Free Report) last released its earnings results on Wednesday, April 29th. The real estate investment trust reported $0.80 earnings per share for the quarter. The firm had revenue of $85.95 million for the quarter, compared to the consensus estimate of $81.47 million. LXP Industrial Trust had a return on equity of 4.80% and a net margin of 27.05%.The company’s revenue for the quarter was down 3.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.16 EPS. 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 3.31 EPS for the current year.

LXP Industrial Trust Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were given a dividend of $0.70 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $2.80 annualized dividend and a dividend yield of 5.3%. LXP Industrial Trust’s payout ratio is currently 189.19%.

Hedge Funds Weigh In On LXP Industrial Trust

Several large investors have recently modified their holdings of LXP. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of LXP Industrial Trust by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 172,981 shares of the real estate investment trust’s stock valued at $1,496,000 after purchasing an additional 7,577 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new position in shares of LXP Industrial Trust during the 1st quarter valued at approximately $129,000. Goldman Sachs Group Inc. boosted its position in shares of LXP Industrial Trust by 14.1% during the first quarter. Goldman Sachs Group Inc. now owns 3,717,830 shares of the real estate investment trust’s stock valued at $32,159,000 after buying an additional 458,195 shares during the period. United Services Automobile Association purchased a new position in shares of LXP Industrial Trust during the first quarter valued at approximately $158,000. Finally, Jane Street Group LLC boosted its position in shares of LXP Industrial Trust by 6,092.1% during the first quarter. Jane Street Group LLC now owns 948,134 shares of the real estate investment trust’s stock valued at $8,201,000 after buying an additional 932,822 shares during the period. Institutional investors own 93.52% of the company’s stock.

LXP Industrial Trust Company Profile

(Get Free Report)

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.