Positive News SentimentPositive NewsNYSE:LXP LXP Industrial Trust (LXP) Stock Forecast, Price & News $10.59 +0.20 (+1.92%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$10.47▼$10.6850-Day Range$9.14▼$10.3952-Week Range$8.81▼$11.92Volume1.87 million shsAverage Volume1.92 million shsMarket Capitalization$3.10 billionP/E Ratio27.87Dividend Yield4.72%Price Target$13.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability LXP Industrial Trust MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside27.5% Upside$13.50 Price TargetShort InterestHealthy1.96% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-1.01Upright™ Environmental ScoreNews Sentiment1.86Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth2.90%From $0.69 to $0.71 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.84 out of 5 starsFinance Sector196th out of 874 stocksReal Estate Investment Trusts Industry28th out of 191 stocks 3.3 Analyst's Opinion Consensus RatingLXP Industrial Trust has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.50, LXP Industrial Trust has a forecasted upside of 27.5% from its current price of $10.59.Amount of Analyst CoverageLXP Industrial Trust has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.96% of the outstanding shares of LXP Industrial Trust have been sold short.Short Interest Ratio / Days to CoverLXP Industrial Trust has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in LXP Industrial Trust has recently decreased by 3.38%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend LeadershipLXP Industrial Trust is a leading dividend payer. It pays a dividend yield of 4.81%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthLXP Industrial Trust has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of LXP Industrial Trust is 131.58%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, LXP Industrial Trust will have a dividend payout ratio of 70.42% next year. This indicates that LXP Industrial Trust will be able to sustain or increase its dividend. Previous Next 3.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreLXP Industrial Trust has received a 26.85% net impact score from Upright. Lexington Realty seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Jobs". The positive contribution in the "Societal infrastructure" impact category is driven by its "Real estate funds investing in industrial, logistics and warehousing buildings" product. See details.Environmental SustainabilityThe Environmental Impact score for LXP Industrial Trust is -1.01. Previous Next 3.8 News and Social Media Coverage News SentimentLXP Industrial Trust has a news sentiment score of 1.86. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for LXP Industrial Trust this week, compared to 2 articles on an average week.Search Interest2 people have searched for LXP on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, LXP Industrial Trust insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.00% of the stock of LXP Industrial Trust is held by insiders.Percentage Held by Institutions97.53% of the stock of LXP Industrial Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for LXP Industrial Trust are expected to grow by 2.90% in the coming year, from $0.69 to $0.71 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LXP Industrial Trust is 27.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.68.Price to Earnings Ratio vs. SectorThe P/E ratio of LXP Industrial Trust is 27.87, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 157.24.Price to Earnings Growth RatioLXP Industrial Trust has a PEG Ratio of 4.51. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioLXP Industrial Trust has a P/B Ratio of 1.37. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About LXP Industrial Trust (NYSE:LXP) StockLXP Industrial Trust is a real estate investment trust, which engages in financing, acquisition, and ownership of portfolio of single-tenant commercial properties. It also provides investment advisory and asset management services. The company was founded by E. Robert Roskind in October 1993 and is headquartered in New York, NY.Read More Receive LXP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for LXP Industrial Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address LXP Stock News HeadlinesMay 18, 2023 | americanbankingnews.comLXP Industrial Trust (NYSE:LXP) Research Coverage Started at StockNews.comMay 17, 2023 | americanbankingnews.comResearch Analysts Set Expectations for LXP Industrial Trust's Q2 2024 Earnings (NYSE:LXP)June 3, 2023 | Behind the Markets (Ad)AI Creates New Cancer Drug - In Just 30 Days!On December 22, 2022, AI discovered a new treatment for multiple myeloma... in just 4 months... On March 19, 2023, AI discovered a new drug for liver cancer... in only 30 days... There's one small-cap at the center of it all. Bill Gates owns 7 million shares... Billionaire hedge-fund manager Steve Cohen owns 1.4 million shares...May 16, 2023 | americanbankingnews.comLXP Industrial Trust to Post Q2 2023 Earnings of $0.18 Per Share, KeyCorp Forecasts (NYSE:LXP)May 15, 2023 | msn.comKeybanc Upgrades LXP Industrial Trust (LXP)May 15, 2023 | msn.comLXP Industrial upgraded to Overweight at KeyBanc on favorable leasingMay 15, 2023 | markets.businessinsider.comLXP Industrial Trust (LXP) was upgraded to a Buy Rating at KeyBancMay 8, 2023 | seekingalpha.comLXP Industrial: High Yield And Great ValueJune 3, 2023 | Behind the Markets (Ad)AI Creates New Cancer Drug - In Just 30 Days!On December 22, 2022, AI discovered a new treatment for multiple myeloma... in just 4 months... On March 19, 2023, AI discovered a new drug for liver cancer... in only 30 days... There's one small-cap at the center of it all. Bill Gates owns 7 million shares... Billionaire hedge-fund manager Steve Cohen owns 1.4 million shares...May 8, 2023 | seekingalpha.comLXP Industrial: Higher Yielding Than Peers And Modest Upside PotentialMay 3, 2023 | markets.businessinsider.comLXP Industrial Trust Adjusted FFO Rises; Backs OutlookMay 3, 2023 | finance.yahoo.comLXP Industrial Trust Reports First Quarter 2023 ResultsMay 3, 2023 | seekingalpha.comLXP Industrial Trust 2023 Q1 - Results - Earnings Call PresentationMay 1, 2023 | americanbankingnews.comLXP Industrial Trust (LXP) Set to Announce Earnings on WednesdayApril 19, 2023 | msn.comJMP Securities Initiates Coverage of Lexington Realty Trust (LXP) with Market Perform RecommendationApril 18, 2023 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: Charles Schwab (SCHW) and LXP Industrial Trust (LXP)April 18, 2023 | americanbankingnews.comLXP Industrial Trust (NYSE:LXP) Receives New Coverage from Analysts at JMP SecuritiesApril 18, 2023 | americanbankingnews.comBrokers Offer Predictions for LXP Industrial Trust's Q1 2023 Earnings (NYSE:LXP)April 14, 2023 | finance.yahoo.comLXP Industrial Trust Named 2023 Green Lease Leader With Gold RecognitionApril 13, 2023 | finance.yahoo.comLXP Industrial Trust to Report First Quarter 2023 Results and Host Conference Call May 3, 2023March 25, 2023 | americanbankingnews.comFY2024 Earnings Estimate for LXP Industrial Trust (NYSE:LXP) Issued By KeyCorpMarch 24, 2023 | americanbankingnews.comFY2023 EPS Estimates for LXP Industrial Trust (NYSE:LXP) Boosted by KeyCorpMarch 22, 2023 | wsj.comLXP Industrial Trust 6.5% Cum. Conv. Pfd. Series CMarch 11, 2023 | nasdaq.comLXP Industrial Trust Becomes OversoldFebruary 24, 2023 | seekingalpha.comLXP Industrial Trust 2022 Q4 - Results - Earnings Call PresentationFebruary 22, 2023 | finance.yahoo.comAlterra Property Group's planned purchase of 1701 Market St. falls throughFebruary 20, 2023 | insidermonkey.comLXP Industrial Trust (NYSE:LXP) Q4 2022 Earnings Call TranscriptSee More Headlines LXP Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LXP Company Calendar Last Earnings5/05/2022Ex-Dividend for 4/17 Dividend3/30/2023Dividend Payable4/17/2023Today6/03/2023Next Earnings (Estimated)8/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryDiversified REITs SectorFinance Current SymbolNYSE:LXP CUSIP52904310 CIK910108 Webwww.lxp.com Phone(212) 692-7200Fax212-594-6600Employees62Year FoundedN/APrice Target and Rating Average Stock Price Forecast$13.50 High Stock Price Forecast$14.00 Low Stock Price Forecast$13.00 Forecasted Upside/Downside+27.5%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.38 Trailing P/E Ratio27.87 Forward P/E Ratio15.35 P/E Growth4.51Net Income$113.78 million Net Margins35.06% Pretax Margin33.51% Return on Equity5.17% Return on Assets2.84% Debt Debt-to-Equity Ratio0.19 Current Ratio0.11 Quick Ratio0.11 Sales & Book Value Annual Sales$321.24 million Price / Sales9.65 Cash Flow$1.11 per share Price / Cash Flow9.51 Book Value$7.75 per share Price / Book1.37Miscellaneous Outstanding Shares292,580,000Free Float286,729,000Market Cap$3.10 billion OptionableOptionable Beta0.81 Key ExecutivesT. Wilson EglinChairman, President & Chief Executive OfficerJoseph S. BonventreCOO, Secretary, Executive VP & General CounselBeth BoulericeChief Financial Officer, Treasurer & Executive VPBrendan P. MullinixChief Investment Officer & Executive VPNatasha RobertsEVP & Director-Institutional Fund ManagementKey CompetitorsCousins PropertiesNYSE:CUZVornado Realty TrustNYSE:VNOAmerican Assets TrustNYSE:AATEPR PropertiesNYSE:EPRBroadstone Net LeaseNYSE:BNLView All CompetitorsInsiders & InstitutionsPrelude Capital Management LLCSold 46,552 shares on 6/1/2023Ownership: 0.035%ProShare Advisors LLCSold 38,627 shares on 5/26/2023Ownership: 0.014%Ameriprise Financial Inc.Sold 24,855 shares on 5/22/2023Ownership: 0.392%New York State Common Retirement FundSold 52,700 shares on 5/18/2023Ownership: 0.048%Thrivent Financial for LutheransBought 397,348 shares on 5/17/2023Ownership: 0.254%View All Insider TransactionsView All Institutional Transactions LXP Stock - Frequently Asked Questions Should I buy or sell LXP Industrial Trust stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for LXP Industrial Trust in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" LXP shares. View LXP analyst ratings or view top-rated stocks. What is LXP Industrial Trust's stock price forecast for 2023? 2 brokers have issued 12-month price objectives for LXP Industrial Trust's stock. Their LXP share price forecasts range from $13.00 to $14.00. On average, they predict the company's stock price to reach $13.50 in the next twelve months. This suggests a possible upside of 27.5% from the stock's current price. View analysts price targets for LXP or view top-rated stocks among Wall Street analysts. How have LXP shares performed in 2023? LXP Industrial Trust's stock was trading at $10.02 on January 1st, 2023. Since then, LXP shares have increased by 5.7% and is now trading at $10.59. View the best growth stocks for 2023 here. Are investors shorting LXP Industrial Trust? LXP Industrial Trust saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 5,920,000 shares, an increase of 10.2% from the April 15th total of 5,370,000 shares. Based on an average trading volume of 2,100,000 shares, the short-interest ratio is currently 2.8 days. View LXP Industrial Trust's Short Interest. When is LXP Industrial Trust's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our LXP earnings forecast. How were LXP Industrial Trust's earnings last quarter? LXP Industrial Trust (NYSE:LXP) issued its quarterly earnings data on Thursday, May, 5th. The real estate investment trust reported $0.03 EPS for the quarter, topping the consensus estimate of $0.01 by $0.02. The real estate investment trust had revenue of $80.30 million for the quarter, compared to the consensus estimate of $80.69 million. LXP Industrial Trust had a net margin of 35.06% and a trailing twelve-month return on equity of 5.17%. The company's quarterly revenue was down 13.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.22 earnings per share. How often does LXP Industrial Trust pay dividends? What is the dividend yield for LXP Industrial Trust? LXP Industrial Trust announced a quarterly dividend on Wednesday, March 15th. Shareholders of record on Friday, March 31st will be given a dividend of $0.125 per share on Monday, April 17th. This represents a $0.50 dividend on an annualized basis and a yield of 4.72%. The ex-dividend date is Thursday, March 30th. Read our dividend analysis for LXP. What ETFs hold LXP Industrial Trust's stock? ETFs with the largest weight of LXP Industrial Trust (NYSE:LXP) stock in their portfolio include NETLease Corporate Real Estate ETF (NETL), Invesco KBW Premium Yield Equity REIT ETF (KBWY), ALPS REIT Dividend Dogs ETF (RDOG), Pacer Industrial Real Estate ETF (INDS), ETFB Green SRI REITs ETF (RITA), Invesco S&P SmallCap Financials ETF (PSCF), U.S. Diversified Real Estate ETF (PPTY) and WisdomTree New Economy Real Estate Fund (WTRE). Is LXP Industrial Trust a good dividend stock? LXP Industrial Trust (NYSE:LXP) pays an annual dividend of $0.50 per share and currently has a dividend yield of 4.81%. LXP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 131.58%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, LXP will have a dividend payout ratio of 70.42% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for LXP. What guidance has LXP Industrial Trust issued on next quarter's earnings? LXP Industrial Trust issued an update on its FY23 earnings guidance on Wednesday, May, 3rd. The company provided EPS guidance of $0.66-$0.70 for the period, compared to the consensus estimate of $0.69. What is T. Wilson Eglin's approval rating as LXP Industrial Trust's CEO? 1 employees have rated LXP Industrial Trust Chief Executive Officer T. Wilson Eglin on Glassdoor.com. T. Wilson Eglin has an approval rating of 100% among the company's employees. This puts T. Wilson Eglin in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of LXP Industrial Trust own? Based on aggregate information from My MarketBeat watchlists, some companies that other LXP Industrial Trust investors own include Omega Healthcare Investors (OHI), VEREIT (VER), Federal Realty Investment Trust (FRT), New Residential Investment (NRZ), AT&T (T), Ford Motor (F), STAG Industrial (STAG), Uniti Group (UNIT), Realty Income (O) and Government Properties Income Trust (GOV). What is LXP Industrial Trust's stock symbol? LXP Industrial Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "LXP." Who are LXP Industrial Trust's major shareholders? LXP Industrial Trust's stock is owned by a number of institutional and retail investors. Top institutional shareholders include State Street Corp (6.07%), Macquarie Group Ltd. (4.70%), Geode Capital Management LLC (1.99%), Charles Schwab Investment Management Inc. (1.44%), Dimensional Fund Advisors LP (1.35%) and Balyasny Asset Management L.P. (1.28%). Insiders that own company stock include Arun Gupta, Lawrence L Gray and Richard Frary. View institutional ownership trends. How do I buy shares of LXP Industrial Trust? Shares of LXP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is LXP Industrial Trust's stock price today? One share of LXP stock can currently be purchased for approximately $10.59. How much money does LXP Industrial Trust make? LXP Industrial Trust (NYSE:LXP) has a market capitalization of $3.10 billion and generates $321.24 million in revenue each year. The real estate investment trust earns $113.78 million in net income (profit) each year or $0.38 on an earnings per share basis. How can I contact LXP Industrial Trust? LXP Industrial Trust's mailing address is ONE PENN PLAZA SUITE 4015, NEW YORK NY, 10119. The official website for the company is www.lxp.com. The real estate investment trust can be reached via phone at (212) 692-7200, via email at hgentry@lxp.com, or via fax at 212-594-6600. This page (NYSE:LXP) was last updated on 6/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding LXP Industrial Trust Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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