LXP Industrial Trust (NYSE:LXP) Posts Earnings Results

LXP Industrial Trust (NYSE:LXP) posted its quarterly earnings results on Thursday. The real estate investment trust reported $0.79 EPS for the quarter, missing the consensus estimate of $0.85 by ($0.06), Briefing.com reports. The business had revenue of $86.74 million during the quarter, compared to analysts’ expectations of $86.05 million. LXP Industrial Trust had a net margin of 32.19% and a return on equity of 5.86%. The firm’s quarterly revenue was down 14.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.16 EPS. LXP Industrial Trust updated its FY 2026 guidance to 3.220-3.370 EPS.

Here are the key takeaways from LXP Industrial Trust’s conference call:

• The company reduced leverage to 4.9x net debt/adjusted EBITDA, repaid about $220M of debt, extended its credit facilities, and held $170M in cash — actions S&P cited in a positive outlook and management says this strengthens the balance sheet for disciplined growth.
• Portfolio occupancy rose to 97.1% and LXP leased nearly 5 million sq ft in 2025 with attractive mark-to-market cash increases (~28%, excluding fixed-rate renewals), driven by large-user demand in target Sun Belt and Lower Midwest markets.
• 2026 guidance calls for adjusted company FFO of $3.22–$3.37 per share (midpoint ≈ +4.6%) and same-store NOI growth of 1.5%–2.5%, assuming Q4 sale proceeds are redeployed into the Phoenix development and no other dispositions.
• LXP will break ground on a 1 million sq ft spec project in Phoenix (budget ~$120M, expected stabilized cash yield 7%–7.5%, completion targeted H1 2027), citing tighter supply and lower construction costs as supportive for development returns.
• Management sold $389M of assets in 2025 (exiting non-target markets) and says holding cash and redeploying proceeds to development is currently weighing on near-term earnings, with some asset sales expected to be a drag on 2026 FFO before contributing to future growth.

LXP Industrial Trust Stock Down 2.2%

NYSE:LXP traded down $1.08 during trading hours on Friday, hitting $47.17. 87,534 shares of the stock traded hands, compared to its average volume of 506,967. The firm has a market cap of $2.79 billion, a price-to-earnings ratio of 24.83 and a beta of 1.10. The firm has a 50 day moving average price of $50.07 and a 200 day moving average price of $46.71. The company has a current ratio of 0.26, a quick ratio of 0.26 and a debt-to-equity ratio of 0.18. LXP Industrial Trust has a fifty-two week low of $44.17 and a fifty-two week high of $97.90.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in LXP. California State Teachers Retirement System lifted its stake in LXP Industrial Trust by 0.5% in the second 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 last quarter. Geneos Wealth Management Inc. grew its holdings 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 valued at $30,000 after purchasing an additional 1,632 shares during the last quarter. Smartleaf Asset Management LLC grew its stake in LXP Industrial Trust by 14.3% in the 2nd quarter. Smartleaf Asset Management LLC now owns 13,954 shares of the real estate investment trust’s stock valued at $118,000 after buying an additional 1,742 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in LXP Industrial Trust by 101.7% in the 2nd 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 during the period. Finally, Caitong International Asset Management Co. Ltd bought a new stake in LXP Industrial Trust during the third quarter valued at about $26,000. Institutional investors and hedge funds own 93.52% of the company’s stock.

Key Stories Impacting LXP Industrial Trust

Here are the key news stories impacting LXP Industrial Trust this week:

• Positive Sentiment: Management issued FY‑2026 EPS guidance of $3.220–$3.370, well above prior consensus and signaling confidence in cash flow recovery and asset performance. LXP Industrial Trust Reports Fourth Quarter 2025 Results
• Positive Sentiment: LXP is refocusing its portfolio and progressing a Phoenix industrial development that could drive future income and valuation upside if leasing/dispositions proceed as planned. LXP Industrial Trust Refocuses Portfolio As Phoenix Development Takes Shape
• Positive Sentiment: Management emphasized balance‑sheet strength and active deleveraging while still pursuing growth projects — a mix investors often reward if it reduces risk without sacrificing pipeline value. LXP Industrial Trust Balances Deleveraging With Growth Plans
• Neutral Sentiment: Full details from the Q4 call, slide deck and transcript are available for investors who want to dig into leasing metrics, disposition plans and guidance assumptions. LXP Industrial Trust 2025 Q4 – Results – Earnings Call Presentation
• Negative Sentiment: Q4 FFO came in at $0.79 vs. the consensus $0.85 (and Zacks estimate), a miss that hurt near‑term sentiment and suggests headwinds to same‑store NOI. LXP Industrial (LXP) Misses Q4 FFO Estimates
• Negative Sentiment: Quarterly revenue declined ~14% year‑over‑year, and the miss on FFO/revenue likely explains the immediate negative price reaction despite positive guidance. LXP Industrial Trust Q4 2025 Earnings Call Summary

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. JMP Securities set a $57.50 price target on LXP Industrial Trust and gave the stock a “market outperform” rating in a report on Tuesday, October 28th. Weiss Ratings downgraded shares of LXP Industrial Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Citizens Jmp upgraded LXP Industrial Trust from a “market perform” rating to an “outperform” rating and set a $57.50 price objective on the stock in a research note on Tuesday, October 28th. Citigroup reaffirmed an “outperform” rating on shares of LXP Industrial Trust in a research report on Friday. Finally, KeyCorp cut LXP Industrial Trust from an “overweight” rating to a “sector weight” rating in a research report on Thursday, December 4th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $54.00.

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.