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

LXP Industrial Trust (NYSE:LXP)’s share price reached a new 52-week high on Monday . The stock traded as high as $55.75 and last traded at $55.3650, with a volume of 3841 shares trading hands. The stock had previously closed at $55.56.

Analysts Set New Price Targets

Several brokerages recently issued reports on LXP. KeyCorp reissued a “sector weight” rating on shares of LXP Industrial Trust in a research note on Tuesday, June 9th. Weiss Ratings raised LXP Industrial Trust from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, June 15th. Evercore set a $54.00 price target on LXP Industrial Trust in a research note on Monday, June 8th. Raymond James Financial began coverage on LXP Industrial Trust in a report on Wednesday, June 17th. They issued a “market perform” rating for the company. Finally, Wall Street Zen upgraded shares of LXP Industrial Trust from a “sell” rating to a “hold” rating in a report on Saturday, June 13th. Three equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $52.62.

LXP Industrial Trust Price Performance

The firm has a 50-day simple moving average of $52.41 and a 200-day simple moving average of $50.29. The firm has a market cap of $3.27 billion, a P/E ratio of 37.48 and a beta of 1.04. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.18.

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 firm had revenue of $85.95 million during the quarter, compared to analysts’ expectations of $81.47 million. During the same period in the prior year, the business posted $0.16 EPS. The firm’s quarterly revenue was down 3.3% on a year-over-year basis. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. As a group, analysts forecast that LXP Industrial Trust will post 3.34 EPS for the current year.

LXP Industrial Trust Announces Dividend

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

Institutional Investors Weigh In On LXP Industrial Trust

Hedge funds and other institutional investors have recently bought and sold shares of the company. Xponance Inc. increased its position in shares of LXP Industrial Trust by 0.9% during the third quarter. Xponance Inc. now owns 24,780 shares of the real estate investment trust’s stock worth $222,000 after purchasing an additional 216 shares in the last quarter. IFP Advisors Inc boosted its position in shares of LXP Industrial Trust by 63.8% in the 4th quarter. IFP Advisors Inc now owns 837 shares of the real estate investment trust’s stock worth $41,000 after purchasing an additional 326 shares in the last quarter. Allworth Financial LP grew its stake in LXP Industrial Trust by 5.9% during the 3rd quarter. Allworth Financial LP now owns 5,969 shares of the real estate investment trust’s stock worth $53,000 after buying an additional 332 shares during the last quarter. EQ Wealth Advisors LLC purchased a new position in LXP Industrial Trust during the 4th quarter worth $34,000. Finally, Cetera Investment Advisers increased its position in LXP Industrial Trust by 5.2% during the 1st quarter. Cetera Investment Advisers now owns 14,905 shares of the real estate investment trust’s stock valued at $689,000 after buying an additional 743 shares in the last quarter. Hedge funds and other institutional investors 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.