LXP Industrial Trust (NYSE:LXP) Given Consensus Recommendation of “Hold” by Brokerages

LXP Industrial Trust (NYSE:LXP) has been given a consensus rating of “Hold” by the eight ratings firms that are currently covering the company, Marketbeat reports. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $52.6250.

Several analysts recently commented on the company. KeyCorp restated a “sector weight” rating on shares of LXP Industrial Trust in a research report on Tuesday, June 9th. Citigroup reiterated a “market outperform” rating on shares of LXP Industrial Trust in a research report on Wednesday, June 3rd. Wall Street Zen raised LXP Industrial Trust from a “sell” rating to a “hold” rating in a research note on Saturday, June 13th. Weiss Ratings raised LXP Industrial Trust from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, June 15th. Finally, Evercore set a $54.00 price objective on shares of LXP Industrial Trust in a research note on Monday, June 8th.

LXP Industrial Trust Trading Down 0.1%

LXP Industrial Trust stock opened at $55.50 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. The firm has a 50-day moving average price of $52.41 and a two-hundred day moving average price of $50.29. The firm has a market capitalization of $3.27 billion, a price-to-earnings ratio of 37.50 and a beta of 1.04. LXP Industrial Trust has a 52-week low of $38.20 and a 52-week high of $55.62.

LXP Industrial Trust (NYSE:LXP) last announced its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $0.80 EPS for the quarter. The company had revenue of $85.95 million for the quarter, compared to analyst estimates of $81.47 million. LXP Industrial Trust had a net margin of 27.05% and a return on equity of 4.80%. LXP Industrial Trust’s revenue was down 3.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.16 earnings per share. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. Sell-side analysts expect that LXP Industrial Trust will post 3.34 earnings per share for the current year.

LXP Industrial Trust Dividend Announcement

The business 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 dividend of $0.70 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.80 annualized dividend and a yield of 5.0%. LXP Industrial Trust’s dividend payout ratio (DPR) is presently 189.19%.

Institutional Trading of LXP Industrial Trust

Institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE increased its stake in shares of LXP Industrial Trust by 21.9% during the first quarter. Bank of America Corp DE now owns 437,195 shares of the real estate investment trust’s stock valued at $20,225,000 after acquiring an additional 78,685 shares during the period. Edgestream Partners L.P. bought a new position in LXP Industrial Trust during the 1st quarter valued at $1,629,000. Amundi boosted its stake in LXP Industrial Trust by 46.9% during the 1st quarter. Amundi now owns 61,734 shares of the real estate investment trust’s stock valued at $2,856,000 after purchasing an additional 19,713 shares in the last quarter. California State Teachers Retirement System increased its position in shares of LXP Industrial Trust by 30.7% during the 1st quarter. California State Teachers Retirement System now owns 71,015 shares of the real estate investment trust’s stock valued at $3,285,000 after purchasing an additional 16,673 shares during the period. Finally, Quantinno Capital Management LP increased its position in shares of LXP Industrial Trust by 128.1% during the 1st quarter. Quantinno Capital Management LP now owns 41,933 shares of the real estate investment trust’s stock valued at $1,940,000 after purchasing an additional 23,550 shares during the period. 93.52% of the stock is owned by institutional investors and hedge funds.

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.