LXP Industrial Trust (NYSE:LXP) Stock Price Expected to Rise, Citizens Jmp Analyst Says

LXP Industrial Trust (NYSE:LXP) had its price target increased by investment analysts at Citizens Jmp from $53.00 to $58.00 in a note issued to investors on Thursday,Benzinga reports. The firm currently has a “market outperform” rating on the real estate investment trust’s stock. Citizens Jmp’s price target would suggest a potential downside of 0.93% from the stock’s previous close.

A number of other brokerages have also commented on LXP. KeyCorp restated a “sector weight” rating on shares of LXP Industrial Trust in a research report on Tuesday, June 9th. Citigroup reissued an “outperform” rating on shares of LXP Industrial Trust in a research report on Thursday. Raymond James Financial initiated coverage on shares of LXP Industrial Trust in a report on Wednesday, June 17th. They set a “market perform” rating for the company. Evercore set a $54.00 price objective on shares of LXP Industrial Trust in a research report on Monday, June 8th. Finally, BMO Capital Markets assumed coverage on shares of LXP Industrial Trust in a research note on Thursday, July 9th. They issued an “outperform” rating and a $65.00 price objective on the stock. Four investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $55.20.

LXP Industrial Trust Price Performance

Shares of NYSE:LXP opened at $58.55 on Thursday. The company’s fifty day moving average is $53.36 and its two-hundred day moving average is $50.67. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 0.18. LXP Industrial Trust has a 12-month low of $38.20 and a 12-month high of $59.00. The company has a market cap of $3.45 billion, a P/E ratio of 39.56 and a beta of 1.04.

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

Hedge Funds Weigh In On LXP Industrial Trust

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Bank of America Corp DE lifted its stake in LXP Industrial Trust by 21.9% in 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 last quarter. Edgestream Partners L.P. acquired a new position in shares of LXP Industrial Trust during the 1st quarter worth $1,629,000. Amundi raised its holdings in shares of 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 raised its holdings 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 in the last quarter. Finally, Quantinno Capital Management LP lifted its stake in shares of LXP Industrial Trust by 128.1% in 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 last quarter. Institutional investors own 93.52% of the company’s stock.

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.