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S&P 500   4,585.59
DOW   36,117.38
QQQ   390.43
Forward dividend yield: What it is and how to use it 
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
What are consumer staples stocks?
Healthcare sector: Overview and keys to investing
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
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How to find penny stocks to invest and trade 
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How to invest in GTE technology: A guide 
Consumer staples vs. consumer discretionary
S&P 500   4,585.59
DOW   36,117.38
QQQ   390.43
Forward dividend yield: What it is and how to use it 
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
What are consumer staples stocks?
Healthcare sector: Overview and keys to investing
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Is Amazon a blue chip stock?
How to find penny stocks to invest and trade 
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT? (Ad)
How to invest in GTE technology: A guide 
Consumer staples vs. consumer discretionary
S&P 500   4,585.59
DOW   36,117.38
QQQ   390.43
Forward dividend yield: What it is and how to use it 
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
What are consumer staples stocks?
Healthcare sector: Overview and keys to investing
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Is Amazon a blue chip stock?
How to find penny stocks to invest and trade 
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT? (Ad)
How to invest in GTE technology: A guide 
Consumer staples vs. consumer discretionary

LXP Industrial Trust Stock Price, News & Analysis (NYSE:LXP)

$9.17
+0.07 (+0.77%)
(As of 12/7/2023 ET)
Compare
Today's Range
$9.04
$9.23
50-Day Range
$7.83
$9.18
52-Week Range
$7.75
$11.92
Volume
1.85 million shs
Average Volume
2.07 million shs
Market Capitalization
$2.68 billion
P/E Ratio
53.94
Dividend Yield
5.67%
Price Target
N/A

LXP Industrial Trust MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
2.68% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.12
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.83 out of 5 stars

Finance Sector

509th out of 695 stocks

Real Estate Investment Trusts Industry

106th out of 145 stocks


LXP stock logo

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.

LXP Stock Price History

LXP Stock News Headlines

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All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
Q3 2023 LXP Industrial Trust Earnings Call
LXP Industrial (LXP) Q3 FFO Match Estimates
Recent Reports Are A Wake-Up Call For Investors
As the demand for lithium, an essential element to the energy revolution, increases globally, researchers are projecting a supply deficit as early as 2025. This has sparked a worldwide "gold rush" to find and develop new sources of this critical metal. Savvy investors are paying attention as mining companies race to meet this critical deadline.
LXP Industrial Trust Q3 FFO Rises
LXP Industrial Trust Reports Third Quarter 2023 Results
LXP Industrial (LXP) Tops Q2 FFO and Revenue Estimates
See More Headlines
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Company Calendar

Ex-Dividend for 10/16 Dividend
9/28/2023
Dividend Payable
10/16/2023
Last Earnings
10/31/2023
Today
12/07/2023
Ex-Dividend for 1/16 Dividend
12/28/2023
Fiscal Year End
12/31/2023
Dividend Payable
1/16/2024
Next Earnings (Estimated)
2/15/2024

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Diversified REITs
Sector
Finance
CUSIP
52904310
Employees
66
Year Founded
N/A

Profitability

Net Income
$113.78 million
Pretax Margin
16.07%

Debt

Sales & Book Value

Annual Sales
$338.65 million
Cash Flow
$1.11 per share
Book Value
$8.33 per share

Miscellaneous

Free Float
286,782,000
Market Cap
$2.68 billion
Optionable
Optionable
Beta
0.82
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Key Executives

  • Mr. T. Wilson Eglin (Age 58)
    Chairman, President & CEO
    Comp: $2.62M
  • Ms. Beth Boulerice (Age 58)
    Executive VP, CFO & Treasurer
    Comp: $1.04M
  • Mr. Joseph S. Bonventre (Age 47)
    COO, Executive VP, General Counsel & Secretary
    Comp: $1.24M
  • Mr. Brendan P. Mullinix (Age 48)
    Chief Investment Officer & Executive VP
    Comp: $1.06M
  • Mr. James Dudley (Age 42)
    Executive VP & Director of Asset Management
    Comp: $855.17k
  • Mr. Mark Cherone (Age 41)
    Senior VP & Chief Accounting Officer
  • Ms. Heather T. Gentry
    Senior Vice President of Investor Relations
  • Ms. Sara Klein
    Director of Human Resources
  • Mr. Patrick Carroll (Age 59)
    Executive VP & Chief Risk Officer
    Comp: $818.24k
  • Ms. Natasha Roberts (Age 56)
    Executive VP & Director of Institutional Fund Management














LXP Stock Analysis - Frequently Asked Questions

Should I buy or sell LXP Industrial Trust stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LXP Industrial Trust in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street 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 the year. Since then, LXP shares have decreased by 8.5% and is now trading at $9.17.
View the best growth stocks for 2023 here
.

Are investors shorting LXP Industrial Trust?

LXP Industrial Trust saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 7,360,000 shares, an increase of 32.9% from the October 15th total of 5,540,000 shares. Based on an average daily volume of 2,170,000 shares, the days-to-cover ratio is presently 3.4 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, February 15th 2024.
View our LXP earnings forecast
.

How were LXP Industrial Trust's earnings last quarter?

LXP Industrial Trust (NYSE:LXP) issued its earnings results on Tuesday, October, 31st. The real estate investment trust reported $0.04 EPS for the quarter, missing the consensus estimate of $0.18 by $0.14. The real estate investment trust earned $85.42 million during the quarter, compared to analysts' expectations of $85.40 million. LXP Industrial Trust had a trailing twelve-month return on equity of 2.41% and a net margin of 16.02%. The company's revenue was up 6.7% on a year-over-year basis. During the same period last year, the company posted $0.17 EPS.

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 Tuesday, October 31st. Stockholders of record on Friday, December 29th will be given a dividend of $0.13 per share on Tuesday, January 16th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 5.67%. The ex-dividend date is Thursday, December 28th. This is a boost from the stock's previous quarterly dividend of $0.13.
Read our dividend analysis for LXP
.

Is LXP Industrial Trust a good dividend stock?

LXP Industrial Trust (NYSE:LXP) pays an annual dividend of $0.52 per share and currently has a dividend yield of 5.56%. 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 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 305.88%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, LXP will have a dividend payout ratio of 75.36% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for LXP.

What guidance has LXP Industrial Trust issued on next quarter's earnings?

LXP Industrial Trust updated its FY 2023 earnings guidance on Tuesday, October, 31st. The company provided earnings per share (EPS) guidance of $0.68-$0.70 for the period, compared to the consensus estimate of $0.68. The company issued revenue guidance of -.

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).

Who are LXP Industrial Trust's major shareholders?

LXP Industrial Trust's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Charles Schwab Investment Management Inc. (1.57%), Northern Trust Corp (1.53%), Massachusetts Financial Services Co. MA (1.41%), Bank of New York Mellon Corp (1.08%), Wellington Management Group LLP (0.93%) and Legal & General Group Plc (0.89%). 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.

This page (NYSE:LXP) was last updated on 12/8/2023 by MarketBeat.com Staff

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