LXP Industrial Trust (LXP) to Release Quarterly Earnings on Thursday

LXP Industrial Trust (NYSE:LXP - Get Free Report) is expected to be releasing its Q1 2025 earnings data before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of $0.16 per share and revenue of $84.72 million for the quarter. LXP Industrial Trust has set its FY 2024 guidance at 0.610-0.650 EPS.

LXP Industrial Trust (NYSE:LXP - Get Free Report) last posted its earnings results on Thursday, February 13th. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.02) by $0.18. The firm had revenue of $100.85 million for the quarter, compared to analyst estimates of $84.57 million. LXP Industrial Trust had a return on equity of 2.15% and a net margin of 12.40%. On average, analysts expect LXP Industrial Trust to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

LXP Industrial Trust Trading Down 1.2 %

LXP traded down $0.10 during trading on Tuesday, hitting $7.84. The company's stock had a trading volume of 527,991 shares, compared to its average volume of 2,200,969. The stock has a market cap of $2.32 billion, a PE ratio of 60.27 and a beta of 0.95. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.16 and a quick ratio of 0.16. LXP Industrial Trust has a twelve month low of $6.85 and a twelve month high of $10.57. The firm's 50 day moving average price is $8.43 and its 200-day moving average price is $8.69.

LXP Industrial Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were paid a $0.135 dividend. This represents a $0.54 annualized dividend and a dividend yield of 6.89%. The ex-dividend date of this dividend was Monday, March 31st. LXP Industrial Trust's dividend payout ratio is currently 415.38%.

Wall Street Analysts Forecast Growth

Separately, JMP Securities reiterated a "market perform" rating on shares of LXP Industrial Trust in a report on Friday, February 14th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $11.33.

LXP Industrial Trust Company Profile

LXP Industrial Trust NYSE: LXP is a publicly traded real estate investment trust (REIT) focused on single-tenant industrial real estate investments across the United States. LXP seeks to expand its industrial portfolio through acquisitions, build-to-suit transactions, sale-leaseback transactions, development projects and other transactions.