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

LXP Industrial Trust (NYSE:LXP - Get Free Report) will likely be posting its Q2 2025 quarterly earnings results before the market opens on Wednesday, July 30th. Analysts expect LXP Industrial Trust to post earnings of $0.16 per share and revenue of $87.25 million for the quarter. LXP Industrial Trust has set its FY 2025 guidance at 0.610-0.650 EPS.

LXP Industrial Trust (NYSE:LXP - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.16. LXP Industrial Trust had a return on equity of 3.13% and a net margin of 17.63%. The company had revenue of $87.89 million for the quarter, compared to analysts' expectations of $84.72 million. During the same quarter in the prior year, the business posted $0.16 EPS. The business's revenue was up 3.0% compared to the same quarter last year. 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 Stock Down 1.3%

Shares of LXP Industrial Trust stock traded down $0.11 on Friday, reaching $8.06. 2,610,277 shares of the company were exchanged, compared to its average volume of 3,647,509. LXP Industrial Trust has a one year low of $6.85 and a one year high of $10.56. The company has a market capitalization of $2.38 billion, a price-to-earnings ratio of 40.28 and a beta of 1.03. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.19. The company has a 50-day moving average of $8.46 and a 200 day moving average of $8.38.

LXP Industrial Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were paid a dividend of $0.135 per share. This represents a $0.54 dividend on an annualized basis and a dividend yield of 6.70%. The ex-dividend date was Monday, June 30th. LXP Industrial Trust's dividend payout ratio is currently 270.00%.

Wall Street Analyst Weigh In

LXP has been the topic of a number of analyst reports. KeyCorp dropped their price objective on LXP Industrial Trust from $11.00 to $10.00 and set an "overweight" rating on the stock in a research note on Friday, May 2nd. JMP Securities reiterated a "market perform" rating on shares of LXP Industrial Trust in a research note on Monday, May 5th.

Institutional Investors Weigh In On LXP Industrial Trust

A number of large investors have recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in 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 valued at $1,496,000 after acquiring an additional 7,577 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in LXP Industrial Trust during the 1st quarter worth $129,000. United Services Automobile Association bought a new position in LXP Industrial Trust during the 1st quarter worth $158,000. Goldman Sachs Group Inc. increased its position in LXP Industrial Trust by 14.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,717,830 shares of the real estate investment trust's stock worth $32,159,000 after buying an additional 458,195 shares during the period. Finally, Jane Street Group LLC increased its position in LXP Industrial Trust by 6,092.1% during the 1st quarter. Jane Street Group LLC now owns 948,134 shares of the real estate investment trust's stock worth $8,201,000 after buying an additional 932,822 shares during the period. Institutional investors own 93.52% of the company's stock.

About LXP Industrial Trust

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.