NYSE:LXP LXP Industrial Trust (LXP) Stock Price, News & Analysis $10.37 +0.18 (+1.77%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$10.16▼$10.4050-Day Range$8.34▼$10.3952-Week Range$7.75▼$10.75Volume2.67 million shsAverage Volume2.34 million shsMarket Capitalization$3.05 billionP/E Ratio259.31Dividend Yield5.01%Price Target$11.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get LXP Industrial Trust alerts: Email Address LXP Industrial Trust MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside9.3% Upside$11.33 Price TargetShort InterestHealthy1.74% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-1.98Upright™ Environmental ScoreNews Sentiment1.06Based on 4 Articles This WeekInsider TradingAcquiring Shares$134,250 Bought Last QuarterProj. Earnings Growth3.17%From $0.63 to $0.65 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.55 out of 5 starsFinance Sector352nd out of 898 stocksReal Estate Investment Trusts Industry68th out of 181 stocks 1.5 Analyst's Opinion Consensus RatingLXP Industrial Trust has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageLXP Industrial Trust has only been the subject of 2 research reports in the past 90 days.Read more about LXP Industrial Trust's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.74% 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 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in LXP Industrial Trust has recently increased by 28.39%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipLXP Industrial Trust is a leading dividend payer. It pays a dividend yield of 5.08%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthLXP Industrial Trust does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of LXP Industrial Trust is 1,300.33%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, LXP Industrial Trust will have a dividend payout ratio of 80.00% in the coming year. This indicates that LXP Industrial Trust may not be able to sustain their current dividend.Read more about LXP Industrial Trust's dividend. Previous Next 2.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreLXP Industrial Trust has received a 5.14% 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 "Industrial and logistics property leasing services" and "Real estate funds investing in industrial, logistics and warehousing buildings" products. See details.Environmental SustainabilityThe Environmental Impact score for LXP Industrial Trust is -1.98. Previous Next 3.9 News and Social Media Coverage News SentimentLXP Industrial Trust has a news sentiment score of 1.06. 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 0.50 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for LXP Industrial Trust this week, compared to 2 articles on an average week.Search Interest1 people have searched for LXP on MarketBeat in the last 30 days. MarketBeat Follows2 people have added LXP Industrial Trust to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, LXP Industrial Trust insiders have bought more of their company's stock than they have sold. Specifically, they have bought $134,250.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 2.17% of the stock of LXP Industrial Trust is held by insiders.Percentage Held by Institutions93.52% 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.Read more about LXP Industrial Trust's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for LXP Industrial Trust are expected to grow by 3.17% in the coming year, from $0.63 to $0.65 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LXP Industrial Trust is 259.31, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 143.45.Price to Earnings Ratio vs. SectorThe P/E ratio of LXP Industrial Trust is 259.31, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 57.14.Price to Book Value per Share RatioLXP Industrial Trust has a P/B Ratio of 1.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about LXP Industrial Trust's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. About LXP Industrial Trust Stock (NYSE:LXP)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.Read More LXP Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LXP Stock News HeadlinesJuly 24 at 4:16 AM | americanbankingnews.comLXP Industrial Trust (LXP) Scheduled to Post Quarterly Earnings on WednesdayJuly 9, 2024 | seekingalpha.comLXP Industrial: Dividend Bargain Flying Under The RadarJuly 26, 2024 | Behind the Markets (Ad)J.P. Morgan’s DIRE WarningWhen the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal warns, "America's bonds are getting harder to sell."June 27, 2024 | globenewswire.comLXP Industrial Trust to Report Second Quarter 2024 Results and Host Conference Call July 31, 2024June 17, 2024 | globenewswire.comLXP Industrial Trust Announces Quarterly Common Share DividendMay 30, 2024 | globenewswire.comLXP Industrial Trust Announces Beth Boulerice to Step Down as Chief Financial Officer and be Succeeded by Nathan BrunnerMay 27, 2024 | msn.comCheap Stocks that Pay Dividends: Read MoreMay 18, 2024 | finance.yahoo.comThese Industrial REITs Yield Over 5% and Have Track Records of Dividend GrowthJuly 26, 2024 | Behind the Markets (Ad)J.P. Morgan’s DIRE WarningWhen the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal warns, "America's bonds are getting harder to sell."May 5, 2024 | finance.yahoo.comLXP Industrial Trust (LXP) Q1 2024 Earnings Call Transcript Highlights: Strategic Developments ...May 3, 2024 | finance.yahoo.comLXP Industrial Trust (NYSE:LXP) Q1 2024 Earnings Call TranscriptMay 3, 2024 | seekingalpha.comLXP Industrial Trust (LXP) Q1 2024 Earnings Call TranscriptMay 3, 2024 | finance.yahoo.comQ1 2024 LXP Industrial Trust Earnings CallMay 2, 2024 | finance.yahoo.comLXP Industrial Trust Reports Mixed First Quarter 2024 Results, Aligns with EPS ProjectionsMay 2, 2024 | markets.businessinsider.comLXP Industrial Trust Q1 FFO DeclinesMay 2, 2024 | msn.comLXP Industrial Trust reports Q1 earnings; updates FY24 outlookMay 2, 2024 | globenewswire.comCORRECTION: LXP Industrial Trust Reports First Quarter 2024 ResultsMay 2, 2024 | globenewswire.comLXP Industrial Trust Reports First Quarter 2024 ResultsSee More Headlines 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 Company Calendar Last Earnings2/15/2024Ex-Dividend for 7/15 Dividend6/28/2024Dividend Payable7/15/2024Today7/26/2024Next Earnings (Confirmed)7/31/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryDiversified REITs Current SymbolNYSE:LXP CUSIP52904310 CIK910108 Webwww.lxp.com Phone(212) 692-7200Fax212-594-6600Employees64Year FoundedN/APrice Target and Rating Average Stock Price Target$11.33 High Stock Price Target$12.00 Low Stock Price Target$11.00 Potential Upside/Downside+9.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.04 Trailing P/E Ratio259.31 Forward P/E Ratio16.46 P/E GrowthN/ANet Income$30.38 million Net Margins5.52% Pretax Margin8.25% Return on Equity0.86% Return on Assets0.46% Debt Debt-to-Equity Ratio0.20 Current Ratio0.27 Quick Ratio0.27 Sales & Book Value Annual Sales$340.50 million Price / Sales8.96 Cash Flow$0.77 per share Price / Cash Flow13.54 Book Value$7.42 per share Price / Book1.40Miscellaneous Outstanding Shares294,320,000Free Float287,928,000Market Cap$3.05 billion OptionableOptionable Beta0.86 The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. T. Wilson Eglin (Age 59)Chairman, President & CEO Comp: $1.85MMs. Beth Boulerice (Age 59)Executive VP, CFO & Treasurer Comp: $1.04MMr. Joseph S. Bonventre (Age 48)COO, Executive VP, General Counsel & Secretary Comp: $1.12MMr. Brendan P. Mullinix (Age 49)Chief Investment Officer & Executive VP Comp: $998.37kMr. James Dudley (Age 43)Executive VP & Director of Asset Management Comp: $856.31kMr. Mark Cherone (Age 42)Senior VP & Chief Accounting Officer Ms. Heather T. GentrySenior Vice President of Investor RelationsMs. Sara KleinDirector of Human ResourcesMr. Patrick Carroll (Age 60)Executive VP & Chief Risk Officer Comp: $818.24kMs. Natasha Roberts (Age 57)Executive VP & Director of Institutional Fund Management More ExecutivesKey CompetitorsVornado Realty TrustNYSE:VNOCousins PropertiesNYSE:CUZAmerican Assets TrustNYSE:AATWhitestone REITNYSE:WSRGladstone CommercialNASDAQ:GOODView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 65,202 shares on 7/26/2024Ownership: 1.054%Van Lanschot Kempen Investment Management N.V.Sold 888,004 shares on 7/24/2024Ownership: 0.100%Louisiana State Employees Retirement SystemBought 3,200 shares on 7/24/2024Ownership: 0.050%Dakota Wealth ManagementBought 2,177 shares on 7/22/2024Ownership: 0.004%TCW Group Inc.Bought 17,767 shares on 7/19/2024Ownership: 0.034%View All Insider TransactionsView All Institutional Transactions LXP Stock Analysis - Frequently Asked Questions How have LXP shares performed this year? LXP Industrial Trust's stock was trading at $9.92 at the start of the year. Since then, LXP shares have increased by 4.5% and is now trading at $10.37. View the best growth stocks for 2024 here. How were LXP Industrial Trust's earnings last quarter? LXP Industrial Trust (NYSE:LXP) issued its quarterly earnings results on Thursday, February, 15th. The real estate investment trust reported $0.04 earnings per share for the quarter, missing analysts' consensus estimates of $0.17 by $0.13. The business's quarterly revenue was up 2.3% on a year-over-year basis. 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. Who are LXP Industrial Trust's major shareholders? Top institutional shareholders of LXP Industrial Trust include Bank of New York Mellon Corp (1.05%), Sumitomo Mitsui Trust Holdings Inc. (0.81%), Van Lanschot Kempen Investment Management N.V. (0.10%) and Shikiar Asset Management Inc. (0.08%). Insiders that own company stock include Richard Frary, Lawrence L Gray and Arun Gupta. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of LXP Industrial Trust own? Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and STAG Industrial (STAG). This page (NYSE:LXP) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredWe recommended Nvidia in 2016, now we’re recommending this…The AI boom is just getting started. 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