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S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
NYSE:LXP

LXP Industrial Trust Stock Forecast, Price & News

$10.78
+0.04 (+0.37%)
(As of 07/1/2022 08:44 PM ET)
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Today's Range
$10.60
$10.84
50-Day Range
$10.04
$13.23
52-Week Range
$9.98
$16.10
Volume
2.49 million shs
Average Volume
2.72 million shs
Market Capitalization
$3.10 billion
P/E Ratio
8.91
Dividend Yield
4.45%
Price Target
$14.80

LXP Industrial Trust MarketRank™ Forecast

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
37.3% Upside
$14.80 Price Target
Short Interest
Healthy
7.56% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.16
Upright™ Environmental Score
News Sentiment
0.78mentions of LXP Industrial Trust in the last 14 days
Based on 5 Articles This Week
Insider Trading
Acquiring Shares
$414.08 K Bought Last Quarter
Proj. Earnings Growth
10.77%
From $0.65 to $0.72 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.88 out of 5 stars

Finance Sector

88th out of 1,355 stocks

Real Estate Investment Trusts Industry

6th out of 233 stocks

30 days | 90 days | 365 days | Advanced Chart

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LXP Industrial Trust logo

About LXP Industrial Trust (NYSE:LXP) Stock

Lexington Realty Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) that owns a portfolio of real estate assets consisting primarily of equity investments in single-tenant net-leased industrial properties across the United States. Lexington seeks to expand its industrial portfolio through build-to-suit transactions, sale-leaseback transactions and other transactions, including acquisitions.

LXP Stock News Headlines

LXP Industrial Trust (NYSE:LXP) PT Lowered to $14.00
LXP Industrial Trust: Worth Another Look
LXP Industrial Trust (NYSE:LXP) Hits New 1-Year Low at $10.12
LXP Industrial (LXP) Q1 FFO and Revenues Lag Estimates
LXP Industrial Trust is Oversold
See More Headlines

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Diversified REITs
Sector
Finance
CUSIP
52904310
Employees
62
Year Founded
N/A

Company Calendar

Ex-Dividend for 4/18 Dividend
3/30/2022
Dividend Payable
4/18/2022
Last Earnings
5/05/2022
Ex-Dividend for 7/15 Dividend
6/29/2022
Today
7/03/2022
Dividend Payable
7/15/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$14.80
High Stock Price Forecast
$17.00
Low Stock Price Forecast
$13.00
Forecasted Upside/Downside
+37.3%
Consensus Rating
Hold
Rating Score (0-4)
2.4
Research Coverage
5 Analysts

Profitability

Net Income
$382.65 million
Pretax Margin
103.90%

Debt

Sales & Book Value

Annual Sales
$344 million
Cash Flow
$2.00 per share
Book Value
$7.88 per share

Miscellaneous

Free Float
281,823,000
Market Cap
$3.10 billion
Optionable
Optionable
Beta
0.75














LXP Industrial Trust Frequently Asked Questions

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

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for LXP Industrial Trust in the last twelve months. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" LXP Industrial Trust stock. 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 analyst ratings for LXP Industrial Trust
or view top-rated stocks.

What is LXP Industrial Trust's stock price forecast for 2022?

5 equities research analysts have issued 1 year target prices for LXP Industrial Trust's shares. Their LXP stock forecasts range from $13.00 to $17.00. On average, they predict LXP Industrial Trust's share price to reach $14.80 in the next year. This suggests a possible upside of 37.3% from the stock's current price.
View analysts' price targets for LXP Industrial Trust
or view top-rated stocks among Wall Street analysts.

How has LXP Industrial Trust's stock performed in 2022?

LXP Industrial Trust's stock was trading at $15.62 at the start of the year. Since then, LXP shares have decreased by 31.0% and is now trading at $10.78.
View the best growth stocks for 2022 here
.

When is LXP Industrial Trust's next earnings date?

LXP Industrial Trust is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for LXP Industrial Trust
.

How were LXP Industrial Trust's earnings last quarter?

LXP Industrial Trust (NYSE:LXP) issued its quarterly earnings results on Thursday, May, 5th. The real estate investment trust reported $0.03 earnings per share 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 trailing twelve-month return on equity of 16.80% and a net margin of 106.18%. LXP Industrial Trust's revenue for the quarter was down 13.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.22 EPS.
View LXP Industrial Trust's earnings history
.

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 Thursday, June 16th. Stockholders of record on Thursday, June 30th will be paid a dividend of $0.12 per share on Friday, July 15th. This represents a $0.48 annualized dividend and a yield of 4.45%. The ex-dividend date is Wednesday, June 29th.
View LXP Industrial Trust's dividend history
.

Is LXP Industrial Trust a good dividend stock?

LXP Industrial Trust(NYSE:LXP) pays an annual dividend of $0.48 per share and currently has a dividend yield of 4.45%. LXP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. LXP Industrial Trust has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of LXP Industrial Trust is 39.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LXP Industrial Trust will have a dividend payout ratio of 66.67% next year. This indicates that LXP Industrial Trust will be able to sustain or increase its dividend.
View LXP Industrial Trust's dividend history.

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

LXP Industrial Trust issued an update on its FY 2022 earnings guidance on Thursday, May, 19th. The company provided earnings per share (EPS) guidance of $0.64-$0.68 for the period. The company issued revenue guidance of -.

Who are LXP Industrial Trust's key executives?

LXP Industrial Trust's management team includes the following people:
  • Mr. T. Wilson Eglin, Chairman, Pres & CEO (Age 57, Pay $4.07M)
  • Ms. Beth Boulerice, Exec. VP, CFO & Treasurer (Age 57, Pay $1.27M)
  • Mr. Joseph S. Bonventre, COO, Exec. VP, Gen. Counsel & Sec. (Age 46, Pay $1.44M)
  • Mr. Brendan P. Mullinix, Chief Investment Officer & Exec. VP (Age 47, Pay $1.23M)
  • Ms. Lara Sweeney Johnson, Exec. VP of Investment & Chief Credit Officer (Age 49, Pay $1.09M)
  • Mr. Mark Cherone, Sr. VP & Chief Accounting Officer (Age 40)
  • Ms. Heather T. Gentry, Sr. VP of Investor Relations
  • Mr. Patrick Carroll, Exec. VP & Chief Risk Officer (Age 58)
  • Mr. Nabil Andrawis, Exec. VP & Director of Taxation
  • Mr. James Dudley, Exec. VP & Director of Asset Management (Age 41)

What is T. Wilson Eglin's approval rating as LXP Industrial Trust's CEO?

1 employees have rated LXP Industrial Trust CEO T. Wilson Eglin on Glassdoor.com. T. Wilson Eglin has an approval rating of 100% among LXP Industrial Trust'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."

How do I buy shares of LXP Industrial Trust?

Shares of LXP 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 $10.78.

How much money does LXP Industrial Trust make?

LXP Industrial Trust (NYSE:LXP) has a market capitalization of $3.10 billion and generates $344 million in revenue each year. The real estate investment trust earns $382.65 million in net income (profit) each year or $1.209990 on an earnings per share basis.

How many employees does LXP Industrial Trust have?

LXP Industrial Trust employs 62 workers across the globe.

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 LXP Industrial Trust 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 7/4/2022 by MarketBeat.com Staff

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