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S&P 500   3,821.55
DOW   30,946.99
QQQ   283.54
S&P 500   3,821.55
DOW   30,946.99
QQQ   283.54
S&P 500   3,821.55
DOW   30,946.99
QQQ   283.54
S&P 500   3,821.55
DOW   30,946.99
QQQ   283.54
NYSE:LXP

LXP Industrial Trust Stock Forecast, Price & News

$10.86
-0.05 (-0.46%)
(As of 06/28/2022 12:00 AM ET)
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Today's Range
$10.84
$11.04
50-Day Range
$10.04
$13.31
52-Week Range
$9.98
$16.10
Volume
1.65 million shs
Average Volume
2.73 million shs
Market Capitalization
$3.13 billion
P/E Ratio
8.98
Dividend Yield
4.40%
Price Target
$15.00
30 days | 90 days | 365 days | Advanced Chart

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LXP Stock Forecast (MarketRank)

Overall MarketRank

3.18 out of 5 stars

Finance Sector

126th out of 1,394 stocks

Real Estate Investment Trusts Industry

9th out of 235 stocks

Analyst Opinion: 3.1Community Rank: 3.6Dividend Strength: 3.3Insider Behavior: 3.3Valuation: 2.5 5 -4 -3 -2 -1 -
LXP Industrial Trust logo

About LXP Industrial Trust (NYSE:LXP)

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

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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
Today
6/29/2022
Ex-Dividend for 7/15 Dividend
6/29/2022
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
$15.00
High Stock Price Forecast
$17.00
Low Stock Price Forecast
$13.00
Forecasted Upside/Downside
+38.1%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$382.65 million
Pretax Margin
103.90%

Debt

Sales & Book Value

Annual Sales
$344 million
Cash Flow
$1.98 per share
Book Value
$7.88 per share

Miscellaneous

Free Float
281,938,000
Market Cap
$3.13 billion
Optionable
Optionable
Beta
0.75














LXP Industrial Trust Frequently Asked Questions

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

4 Wall Street 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 2 buy ratings for the stock. The consensus among Wall Street 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?

4 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 anticipate LXP Industrial Trust's share price to reach $15.00 in the next year. This suggests a possible upside of 38.1% 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 beginning of the year. Since then, LXP shares have decreased by 30.5% and is now trading at $10.86.
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) posted its quarterly earnings results on Thursday, May, 5th. The real estate investment trust reported $0.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.01 by $0.02. The real estate investment trust had revenue of $80.30 million for the quarter, compared to analyst estimates of $80.69 million. LXP Industrial Trust had a net margin of 106.18% and a trailing twelve-month return on equity of 16.80%. The firm's quarterly revenue was down 13.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.22 earnings per share.
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 announced a quarterly dividend on Thursday, June 16th. Shareholders 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 dividend on an annualized basis and a dividend yield of 4.42%. 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 4.40%. 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 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."

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 Vanguard Group Inc. (16.01%), State Street Corp (5.99%), Dimensional Fund Advisors LP (1.79%), Northern Trust Corp (1.49%), Charles Schwab Investment Management Inc. (1.41%) and Bank of New York Mellon Corp (1.25%). Company insiders that own LXP Industrial Trust stock include Arun Gupta, Lara Sweeney Johnson, Lawrence L Gray and Richard Frary.
View institutional ownership trends for LXP Industrial Trust
.

Which major investors are selling LXP Industrial Trust stock?

LXP stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Foundry Partners LLC, Healthcare of Ontario Pension Plan Trust Fund, Wellington Management Group LLP, Foster & Motley Inc., Goldman Sachs Group Inc., HGI Capital Management LLC, and Cbre Investment Management Listed Real Assets LLC.
View insider buying and selling activity for LXP Industrial Trust
or view top insider-selling stocks.

Which major investors are buying LXP Industrial Trust stock?

LXP stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, Vanguard Group Inc., Leeward Investments LLC MA, Hill Winds Capital LP, Charles Schwab Investment Management Inc., Arrowstreet Capital Limited Partnership, Prudential Financial Inc., and WINTON GROUP Ltd. Company insiders that have bought LXP Industrial Trust stock in the last two years include Arun Gupta, Lawrence L Gray, and Richard Frary.
View insider buying and selling activity for LXP Industrial Trust
or or view top insider-buying stocks.

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 $10.86.

How much money does LXP Industrial Trust make?

LXP Industrial Trust (NYSE:LXP) has a market capitalization of $3.13 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 [email protected], or via fax at 212-594-6600.

This page (NYSE:LXP) was last updated on 6/29/2022 by MarketBeat.com Staff

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