LXP Industrial Trust (NYSE:LXP) Given “Market Perform” Rating at Citizens Jmp

Citizens Jmp restated their market perform rating on shares of LXP Industrial Trust (NYSE:LXP) in a research note released on Tuesday morning,Benzinga reports.

A number of other equities analysts have also commented on the stock. Weiss Ratings raised shares of LXP Industrial Trust from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, June 15th. Citigroup reaffirmed an “outperform” rating on shares of LXP Industrial Trust in a report on Thursday, July 16th. KeyCorp reiterated a “sector weight” rating on shares of LXP Industrial Trust in a research note on Tuesday, June 9th. BMO Capital Markets started coverage on shares of LXP Industrial Trust in a report on Thursday, July 9th. They issued an “outperform” rating and a $65.00 target price 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. Three investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $55.20.

LXP Industrial Trust Stock Performance

LXP opened at $60.95 on Tuesday. 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 $3.59 billion, a PE ratio of 41.18 and a beta of 1.04. The stock has a 50-day moving average of $53.73 and a 200-day moving average of $50.83. LXP Industrial Trust has a 52-week low of $38.20 and a 52-week high of $61.61.

LXP Industrial Trust (NYSE:LXP) last issued 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 business had revenue of $85.95 million for the quarter, compared to the consensus estimate of $81.47 million. During the same period last year, the business earned $0.16 EPS. The firm’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. As a group, equities research analysts forecast that LXP Industrial Trust will post 3.34 earnings per share for the current fiscal year.

LXP Industrial Trust Dividend Announcement

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

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Balyasny Asset Management L.P. grew its stake in shares of LXP Industrial Trust by 269.0% in 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 acquiring an additional 4,688,972 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in LXP Industrial Trust by 468.5% during the third 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 worth $18,435,000 after acquiring an additional 1,695,558 shares during the period. M&T Bank Corp acquired a new position in LXP Industrial Trust during the 4th quarter valued at $79,619,000. Qube Research & Technologies Ltd raised its stake in 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 valued at $15,849,000 after purchasing an additional 1,501,010 shares during the last quarter. Finally, Norges Bank acquired a new position in LXP Industrial Trust during the 4th quarter valued at $59,953,000. 93.52% of the stock is currently owned by institutional investors and hedge funds.

LXP Industrial Trust News Summary

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

• Positive Sentiment: LXP agreed to be taken private by Brookfield and CPP Investments for $61.20 per share in cash, giving shareholders a clear exit value and driving takeover-related buying. Brookfield, CPP Investments buy industrial REIT LXP for $5.2B
• Positive Sentiment: The deal price represents a premium to LXP’s recent volume-weighted average prices, which supports the stock’s rebound and suggests investors see value in the takeover terms. LXP Industrial Trust agrees to $5.2 billion deal by Brookfield, CPP Investments
• Neutral Sentiment: Citizens JMP reaffirmed its “market perform” rating on LXP, which does not materially change the takeover narrative but may limit enthusiasm around upside beyond the deal price. Tickerreport coverage of Citizens JMP rating reaffirmation
• Negative Sentiment: Multiple law firms have launched investigations into whether the sale price is fair to shareholders, creating legal overhang and uncertainty around deal completion. Johnson Fistel investigates proposed acquisition of LXP Industrial Trust

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.