LXP Industrial Trust (NYSE:LXP) Receives Consensus Recommendation of “Hold” from Analysts

Shares of LXP Industrial Trust (NYSE:LXP) have received an average rating of “Hold” from the nine ratings firms that are presently covering the firm, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $55.20.

A number of equities analysts have recently issued reports on LXP shares. Citizens Jmp downgraded LXP Industrial Trust from a “market outperform” rating to a “hold” rating in a research note on Tuesday, July 21st. Citigroup restated an “outperform” rating on shares of LXP Industrial Trust in a research note on Thursday, July 16th. KeyCorp restated a “sector weight” rating on shares of LXP Industrial Trust in a research note on Tuesday, June 9th. Raymond James Financial began coverage on LXP Industrial Trust in a report on Wednesday, June 17th. They set a “market perform” rating on the stock. Finally, Wall Street Zen lowered shares of LXP Industrial Trust from a “hold” rating to a “sell” rating in a research report on Sunday, July 12th.

Institutional Trading of LXP Industrial Trust

Institutional investors have recently added to or reduced their stakes in the stock. Balyasny Asset Management L.P. grew its position in LXP Industrial Trust by 269.0% during the second quarter. Balyasny Asset Management L.P. now owns 6,432,356 shares of the real estate investment trust’s stock worth $53,131,000 after buying an additional 4,688,972 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of LXP Industrial Trust by 468.5% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,057,488 shares of the real estate investment trust’s stock valued at $18,435,000 after acquiring an additional 1,695,558 shares during the period. M&T Bank Corp purchased a new stake in shares of LXP Industrial Trust during the 4th quarter worth approximately $79,619,000. Qube Research & Technologies Ltd boosted its stake in shares of LXP Industrial Trust by 359.3% during the 2nd quarter. Qube Research & Technologies Ltd now owns 1,918,740 shares of the real estate investment trust’s stock worth $15,849,000 after acquiring an additional 1,501,010 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of LXP Industrial Trust during the 4th quarter worth approximately $59,953,000. Hedge funds and other institutional investors own 93.52% of the company’s stock.

LXP Industrial Trust Trading Down 0.3%

NYSE LXP opened at $60.67 on Thursday. 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 stock has a market capitalization of $3.58 billion, a P/E ratio of 40.99 and a beta of 1.04. LXP Industrial Trust has a 52-week low of $38.20 and a 52-week high of $61.61. The firm has a 50-day moving average price of $54.85 and a 200 day moving average price of $51.29.

LXP Industrial Trust (NYSE:LXP) last announced its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $0.80 earnings per share for the quarter. LXP Industrial Trust had a return on equity of 4.80% and a net margin of 27.05%.The company had revenue of $85.95 million for the quarter, compared to analyst estimates of $81.47 million. During the same quarter in the previous year, the company earned $0.16 EPS. The firm’s revenue for the quarter was down 3.3% compared to the same quarter last year. Equities research analysts expect that LXP Industrial Trust will post 3.34 EPS for the current year.

LXP Industrial Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date was Tuesday, June 30th. LXP Industrial Trust’s dividend payout ratio (DPR) is currently 189.19%.

Key LXP Industrial Trust News

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

• Positive Sentiment: Cash acquisition provides price support: The buyers agreed to acquire LXP for $61.20 per share in cash in a transaction valued at approximately $5.2 billion, including net debt and preferred equity. The merger is expected to close by the end of the fourth quarter of 2026, subject to shareholder approval and customary conditions. The fixed cash consideration is the primary reason the stock is holding near the offer price. LXP Industrial Trust to Be Acquired in Cash Deal
• Positive Sentiment: FFO exceeded expectations: Adjusted funds from operations came to $0.84 per diluted share, up from $0.80 a year earlier and ahead of the $0.83 consensus estimate. Revenue of $88.1 million also topped the $85.37 million forecast, although revenue was only modestly higher year over year. LXP Industrial Q2 FFO Beat Estimates

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.