LXP Industrial Trust (NYSE:LXP) Lowered to "Sell" Rating by Wall Street Zen

Key Points

• Wall Street Zen downgraded LXP Industrial Trust to a "sell" from "hold", though the consensus rating remains "Hold" with a $51.88 consensus price target and a mix of three Buy and four Hold analyst recommendations.
• The REIT reported quarterly EPS of $0.80 (vs. $0.16 year‑ago) and revenue of $85.95M that beat estimates but fell 3.3% YoY; management set FY2026 guidance of 3.220–3.370 EPS, roughly matching the 3.31 analyst forecast.
• Shares opened at $51.82, trading near the 52‑week high of $52.52, and the company has a market cap of $3.05B with a P/E of 35.01.

LXP Industrial Trust (NYSE:LXP - Get Free Report) was downgraded by analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a report issued on Saturday.

Several other equities analysts also recently issued reports on LXP. Citigroup reaffirmed an "outperform" rating on shares of LXP Industrial Trust in a research note on Friday, February 13th. Evercore set a $51.00 price target on shares of LXP Industrial Trust in a research note on Friday, February 13th. JPMorgan Chase & Co. dropped their price target on shares of LXP Industrial Trust from $50.00 to $49.00 and set a "neutral" rating for the company in a research note on Thursday, March 5th. Finally, Weiss Ratings reaffirmed a "hold (c+)" rating on shares of LXP Industrial Trust in a research note on Friday, April 10th. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $51.88.

LXP Industrial Trust Stock Performance

Shares of LXP Industrial Trust stock opened at $51.82 on Friday. LXP Industrial Trust has a fifty-two week low of $38.20 and a fifty-two week high of $52.52. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.21 and a quick ratio of 0.24. The firm has a market capitalization of $3.05 billion, a P/E ratio of 35.01 and a beta of 1.06. The company's 50 day moving average price is $48.54 and its two-hundred day moving average price is $48.47.

LXP Industrial Trust (NYSE:LXP - Get Free Report) last issued its earnings results on Wednesday, April 29th. The real estate investment trust reported $0.80 earnings per share for the quarter. The firm had revenue of $85.95 million for the quarter, compared to analyst estimates of $81.47 million. LXP Industrial Trust had a net margin of 27.05% and a return on equity of 4.80%. The company's quarterly revenue was down 3.3% on a year-over-year basis. During the same quarter last year, the business posted $0.16 earnings per share. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. On average, equities analysts forecast that LXP Industrial Trust will post 3.31 earnings per share for the current fiscal year.

Hedge Funds Weigh In On LXP Industrial Trust

A number of hedge funds have recently bought and sold shares of the company. Lasalle Investment Management Securities LLC raised its stake in LXP Industrial Trust by 6.3% during the third quarter. Lasalle Investment Management Securities LLC now owns 9,756,056 shares of the real estate investment trust's stock worth $87,414,000 after buying an additional 578,169 shares during the last quarter. Aew Capital Management L P raised its stake in LXP Industrial Trust by 61.1% during the third quarter. Aew Capital Management L P now owns 9,135,734 shares of the real estate investment trust's stock worth $81,856,000 after buying an additional 3,465,123 shares during the last quarter. Balyasny Asset Management L.P. raised its stake in LXP Industrial Trust by 269.0% during 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 buying an additional 4,688,972 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. raised its stake in LXP Industrial Trust by 6.2% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 5,797,118 shares of the real estate investment trust's stock worth $51,942,000 after buying an additional 340,733 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in LXP Industrial Trust by 3.5% during the third quarter. Dimensional Fund Advisors LP now owns 4,311,597 shares of the real estate investment trust's stock worth $38,633,000 after buying an additional 145,951 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.

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