Analysts Set LXP Industrial Trust (NYSE:LXP) Target Price at $51.50

LXP Industrial Trust (NYSE:LXP) has been assigned an average rating of “Hold” from the seven research firms that are presently covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is $51.50.

LXP has been the subject of several recent analyst reports. Weiss Ratings downgraded LXP Industrial Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. JPMorgan Chase & Co. reduced their price target on LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating for the company in a report on Thursday, March 5th. Evercore set a $51.00 price objective on LXP Industrial Trust in a research note on Friday, February 13th. Citigroup restated an “outperform” rating on shares of LXP Industrial Trust in a report on Friday, February 13th. Finally, KeyCorp lowered LXP Industrial Trust from an “overweight” rating to a “sector weight” rating in a research report on Thursday, December 4th.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in LXP. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of LXP Industrial Trust by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 172,981 shares of the real estate investment trust’s stock worth $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 first quarter worth about $129,000. Goldman Sachs Group Inc. lifted 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 worth $32,159,000 after purchasing an additional 458,195 shares during the last quarter. United Services Automobile Association acquired a new position in LXP Industrial Trust in the first quarter worth about $158,000. Finally, Jane Street Group LLC grew its stake in LXP Industrial Trust by 6,092.1% in the first quarter. Jane Street Group LLC now owns 948,134 shares of the real estate investment trust’s stock worth $8,201,000 after purchasing an additional 932,822 shares in the last quarter. 93.52% of the stock is currently owned by institutional investors.

LXP Industrial Trust Trading Up 0.1%

NYSE LXP opened at $46.18 on Friday. The stock has a market cap of $2.73 billion, a P/E ratio of 25.51 and a beta of 1.09. The company’s fifty day simple moving average is $48.74 and its 200-day simple moving average is $47.96. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.18. LXP Industrial Trust has a 52 week low of $34.25 and a 52 week high of $52.52.

LXP Industrial Trust (NYSE:LXP) last released its quarterly earnings results on Thursday, February 12th. The real estate investment trust reported $0.79 earnings per share for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.06). LXP Industrial Trust had a net margin of 32.27% and a return on equity of 5.70%. The firm had revenue of $86.74 million for the quarter, compared to analyst estimates of $86.05 million. During the same period in the previous year, the business posted $0.16 earnings per share. LXP Industrial Trust’s revenue for the quarter was down 14.0% on a year-over-year basis. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. Equities research analysts predict that LXP Industrial Trust will post 0.63 EPS for the current fiscal year.

LXP Industrial Trust Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date is Tuesday, March 31st. LXP Industrial Trust’s payout ratio is 30.94%.

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.