LXP Industrial Trust (NYSE:LXP) Hits New 12-Month High – Should You Buy?

Shares of LXP Industrial Trust (NYSE:LXP) hit a new 52-week high on Monday . The company traded as high as $55.75 and last traded at $55.3650, with a volume of 3841 shares. The stock had previously closed at $55.56.

Wall Street Analyst Weigh In

LXP has been the subject of several research analyst reports. Citigroup reaffirmed a “market outperform” rating on shares of LXP Industrial Trust in a research report on Wednesday, June 3rd. Weiss Ratings upgraded shares of LXP Industrial Trust from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, June 15th. KeyCorp reaffirmed a “sector weight” rating on shares of LXP Industrial Trust in a report on Tuesday, June 9th. Wall Street Zen raised shares of LXP Industrial Trust from a “sell” rating to a “hold” rating in a report on Saturday, June 13th. Finally, Raymond James Financial initiated coverage on LXP Industrial Trust in a research report on Wednesday, June 17th. They issued a “market perform” rating on the stock. Three research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $52.62.

LXP Industrial Trust Trading Down 0.2%

The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.21 and a current ratio of 0.21. The company has a market cap of $3.27 billion, a price-to-earnings ratio of 37.48 and a beta of 1.04. The company’s fifty day moving average is $52.41 and its two-hundred day moving average is $50.29.

LXP Industrial Trust (NYSE:LXP) last released its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $0.80 EPS for the quarter. The business had revenue of $85.95 million for the quarter, compared to the consensus estimate of $81.47 million. LXP Industrial Trust had a net margin of 27.05% and a return on equity of 4.80%. The business’s revenue for the quarter was down 3.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.16 EPS. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. On average, research analysts anticipate that LXP Industrial Trust will post 3.34 EPS for the current year.

LXP Industrial Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 5.0%. The ex-dividend date of this dividend is Tuesday, June 30th. LXP Industrial Trust’s dividend payout ratio is presently 189.19%.

Hedge Funds Weigh In On LXP Industrial Trust

Institutional investors and hedge funds have recently modified their holdings of the stock. Cbre Investment Management Listed Real Assets LLC purchased a new position in shares of LXP Industrial Trust during the 3rd quarter valued at approximately $15,508,000. Eurizon Capital SGR S.p.A. acquired a new stake in LXP Industrial Trust during the fourth quarter valued at $1,169,000. Pensionfund Sabic purchased a new position in LXP Industrial Trust in the fourth quarter valued at $912,000. Pensionfund PDN purchased a new position in LXP Industrial Trust in the fourth quarter valued at $1,656,000. Finally, M&T Bank Corp acquired a new position in shares of LXP Industrial Trust in the fourth quarter worth about $79,619,000. Institutional investors and hedge funds own 93.52% of the company’s stock.

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.