Positive News SentimentPositive NewsNYSE:LXP LXP Industrial Trust (LXP) Stock Forecast, Price & News $9.09 -0.02 (-0.22%) (As of 02:57 PM ET) Add Compare Share Share Today's Range$9.00▼$9.2150-Day Range$9.11▼$10.7052-Week Range$8.81▼$11.92Volume701,078 shsAverage Volume1.99 million shsMarket Capitalization$2.66 billionP/E Ratio43.29Dividend Yield5.50%Price TargetN/A ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability LXP Industrial Trust MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy2.39% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-1.21Upright™ Environmental ScoreNews SentimentN/AInsider 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.2.41 out of 5 starsFinance Sector422nd out of 842 stocksReal Estate Investment Trusts Industry92nd out of 180 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for LXP Industrial Trust. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.39% 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 3.9, 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 17.68%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipLXP Industrial Trust is a leading dividend payer. It pays a dividend yield of 5.36%, 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 238.11%. 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 2.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreLXP Industrial Trust has received a 19.61% 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 -1.21. Previous Next 3.2 News and Social Media Coverage News SentimentLXP Industrial Trust has a news sentiment score of 1.85. 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 0.83 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for LXP Industrial Trust this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for LXP on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat Follows1 people have added LXP Industrial Trust to their MarketBeat watchlist in the last 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 Institutions92.57% 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 43.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.05.Price to Earnings Ratio vs. SectorThe P/E ratio of LXP Industrial Trust is 43.29, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 79.28.Price to Earnings Growth RatioLXP Industrial Trust has a PEG Ratio of 4.76. 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 1.09. 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 (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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LXP Stock News HeadlinesAugust 19, 2023 | bizjournals.comCRG begins construction of third building at 305-acre Cubes at Etna 70 development in Licking CountyAugust 18, 2023 | msn.comNew distribution center coming to I-70, Ohio 310 interchangeSeptember 27, 2023 | Micro-Cap Stock Trader (Ad)U.S. drive to onshore battery supply chains could create big winners in lithiumInvestor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsAugust 13, 2023 | seekingalpha.comLXP Industrial Trust: The Future May Look Brighter Than The PastAugust 7, 2023 | seekingalpha.comLXP Industrial: Over 10% Upside Potential On Successful Development ActivityAugust 4, 2023 | finance.yahoo.comLXP Industrial Trust (NYSE:LXP) Q2 2023 Earnings Call TranscriptAugust 3, 2023 | seekingalpha.comLXP Industrial Trust (LXP) Q2 2023 Earnings Call TranscriptAugust 2, 2023 | seekingalpha.comLXP Industrial Trust 2023 Q2 - Results - Earnings Call PresentationSeptember 27, 2023 | Micro-Cap Stock Trader (Ad)U.S. drive to onshore battery supply chains could create big winners in lithiumInvestor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsAugust 2, 2023 | finance.yahoo.comLXP Industrial (LXP) Tops Q2 FFO and Revenue EstimatesAugust 2, 2023 | seekingalpha.comLXP Industrial Trust PFD CONV SER C declares $0.8125 dividendAugust 2, 2023 | markets.businessinsider.comLXP Industrial Trust Q2 Adj. FFO Rises; Reaffirms 2023 Adj. FFO GuidanceAugust 2, 2023 | finance.yahoo.comLXP Industrial Trust Reports Second Quarter 2023 ResultsJuly 25, 2023 | finance.yahoo.comAfter scuttled deal, Alterra again looks to convert 1701 Market into 325 apartmentsJuly 11, 2023 | finance.yahoo.comLXP Industrial Trust to Report Second Quarter 2023 Results and Host Conference Call August 2, 2023May 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 ValueMay 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 PresentationApril 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 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, 2023See 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 LXP Company Calendar Ex-Dividend for 7/17 Dividend6/29/2023Dividend Payable7/17/2023Last Earnings8/02/2023Today9/27/2023Ex-Dividend for 10/16 Dividend9/28/2023Dividend Payable10/16/2023Next Earnings (Estimated)11/02/2023Fiscal 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) 692-7200Fax212-594-6600Employees66Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$0.21 Trailing P/E Ratio42.86 Forward P/E Ratio13.04 P/E Growth4.76Net Income$113.78 million Net Margins19.50% Pretax Margin19.95% Return on Equity2.92% Return on Assets1.62% Debt Debt-to-Equity Ratio0.19 Current Ratio0.09 Quick Ratio0.09 Sales & Book Value Annual Sales$321.24 million Price / Sales8.20 Cash Flow$1.06 per share Price / Cash Flow8.53 Book Value$8.33 per share Price / Book1.08Miscellaneous Outstanding Shares292,610,000Free Float286,754,000Market Cap$2.63 billion OptionableOptionable Beta0.78 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for October 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. T. Wilson Eglin (Age 58)Chairman, Pres & CEO Comp: $2.62MMs. Beth Boulerice (Age 58)Exec. VP, CFO & Treasurer Comp: $1.04MMr. Joseph S. Bonventre (Age 47)COO, Exec. VP, Gen. Counsel & Sec. Comp: $1.24MMr. Brendan P. Mullinix (Age 48)Chief Investment Officer & Exec. VP Comp: $1.06MMr. James Dudley (Age 42)Exec. VP & Director of Asset Management Comp: $855.17kMr. Mark Cherone (Age 41)Sr. VP & Chief Accounting Officer Ms. Heather T. GentrySr. VP of Investor RelationsMs. Sara KleinDirector of HRMr. Patrick Carroll (Age 59)Exec. VP & Chief Risk Officer Ms. Natasha Roberts (Age 56)Exec. VP & Director of Institutional Fund Management More ExecutivesKey CompetitorsCousins PropertiesNYSE:CUZVornado Realty TrustNYSE:VNOAmerican Assets TrustNYSE:AATArbor Realty TrustNYSE:ABRBroadstone Net LeaseNYSE:BNLView All CompetitorsInstitutional OwnershipBarclays PLCBought 20,987 shares on 9/21/2023Ownership: 0.073%Portside Wealth Group LLCBought 24,827 shares on 9/1/2023Ownership: 0.008%Virginia Retirement Systems ET ALBought 37,800 shares on 8/22/2023Ownership: 0.013%California State Teachers Retirement SystemBought 10,406 shares on 8/21/2023Ownership: 0.121%Teachers Retirement System of The State of KentuckyBought 4,917 shares on 8/21/2023Ownership: 0.030%View All Institutional Transactions LXP Stock - Frequently Asked Questions Should I buy or sell LXP Industrial Trust stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for LXP Industrial Trust in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" LXP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LXP, but not buy additional shares or sell existing shares. View LXP analyst ratings or view top-rated stocks. How have LXP shares performed in 2023? LXP Industrial Trust's stock was trading at $10.02 at the beginning of 2023. Since then, LXP shares have decreased by 10.2% and is now trading at $9.00. View the best growth stocks for 2023 here. When is LXP Industrial Trust's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023. View our LXP earnings forecast. How were LXP Industrial Trust's earnings last quarter? LXP Industrial Trust (NYSE:LXP) announced its quarterly earnings data on Wednesday, August, 2nd. The real estate investment trust reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by $0.20. The real estate investment trust earned $87.05 million during the quarter, compared to analyst estimates of $83.35 million. LXP Industrial Trust had a trailing twelve-month return on equity of 2.92% and a net margin of 19.50%. The firm's quarterly revenue was up 9.1% on a year-over-year basis. During the same period last year, the business posted $0.17 earnings per share. How often does LXP Industrial Trust pay dividends? What is the dividend yield for LXP Industrial Trust? LXP Industrial Trust declared a quarterly dividend on Wednesday, September 13th. Investors of record on Friday, September 29th will be given a dividend of $0.125 per share on Monday, October 16th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 5.56%. The ex-dividend date of this dividend is Thursday, September 28th. 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), ALPS REIT Dividend Dogs ETF (RDOG), Pacer Industrial Real Estate ETF (INDS), Invesco KBW Premium Yield Equity REIT ETF (KBWY), ETFB Green SRI REITs ETF (RITA), U.S. Diversified Real Estate ETF (PPTY), Invesco S&P SmallCap Financials ETF (PSCF) 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 5.36%. 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 238.11%. 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 updated its FY23 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share 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 many different institutional and retail investors. Top institutional shareholders include State Street Corp (6.34%), Geode Capital Management LLC (2.14%), Charles Schwab Investment Management Inc. (1.52%), Northern Trust Corp (1.52%), Long Pond Capital LP (1.51%) and Dimensional Fund Advisors LP (1.40%). 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 $9.00. How much money does LXP Industrial Trust make? LXP Industrial Trust (NYSE:LXP) has a market capitalization of $2.63 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 $0.21 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 9/27/2023 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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