NYSE:LXP LXP Industrial Trust - LXP Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $9.70 +0.30 (+3.19%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's Range$9.32▼$9.7150-Day Range$9.40▼$11.8152-Week Range$8.81▼$16.10Volume1.18 million shsAverage Volume1.80 million shsMarket Capitalization$2.84 billionP/E Ratio25.53Dividend Yield5.15%Price Target$13.67 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability LXP Industrial Trust MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside40.9% Upside$13.67 Price TargetShort InterestHealthy2.38% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-1.64Upright™ Environmental ScoreNews Sentiment1.21Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth5.88%From $0.68 to $0.72 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.2.75 out of 5 starsFinance Sector285th out of 868 stocksReal Estate Investment Trusts Industry58th out of 190 stocks 3.0 Analyst's Opinion Consensus RatingLXP Industrial Trust has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, no hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.67, LXP Industrial Trust has a forecasted upside of 40.9% from its current price of $9.70.Amount of Analyst CoverageLXP Industrial Trust has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.38% 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 3.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in LXP Industrial Trust has recently decreased by 51.16%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipLXP Industrial Trust is a leading dividend payer. It pays a dividend yield of 5.07%, 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 131.58%. 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 69.44% 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 19.38% net impact score from Upright. Lexington Realty seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". 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 -1.64. Previous Next 2.9 News and Social Media Coverage News SentimentLXP Industrial Trust has a news sentiment score of 1.21. 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 0.44 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 8 news articles 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 -89% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added LXP Industrial Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 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 2.10% of the stock of LXP Industrial Trust is held by insiders.Percentage Held by Institutions97.53% 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 5.88% in the coming year, from $0.68 to $0.72 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LXP Industrial Trust is 25.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.54.Price to Earnings Ratio vs. SectorThe P/E ratio of LXP Industrial Trust is 25.53, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 133.38.Price to Earnings Growth RatioLXP Industrial Trust has a PEG Ratio of 14.30. 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 1.16. 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 is a real estate investment trust, which engages in financing, acquisition, and ownership of portfolio of single-tenant commercial properties. It also provides investment advisory and asset management services. The company was founded by E. Robert Roskind in October 1993 and is headquartered in New York, NY.Read More 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 Stock News HeadlinesMarch 24, 2023 | americanbankingnews.comFY2023 EPS Estimates for LXP Industrial Trust (NYSE:LXP) Boosted by KeyCorpMarch 22, 2023 | wsj.comLXP Industrial Trust 6.5% Cum. Conv. Pfd. Series CMarch 24, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.March 11, 2023 | nasdaq.comLXP Industrial Trust Becomes OversoldFebruary 24, 2023 | seekingalpha.comLXP Industrial Trust 2022 Q4 - Results - Earnings Call PresentationFebruary 22, 2023 | finance.yahoo.comAlterra Property Group's planned purchase of 1701 Market St. falls throughFebruary 18, 2023 | benzinga.comCORRECTION - LXP Industrial Trust Revised Fourth Quarter 2022 Earnings Replay Conference IDFebruary 18, 2023 | seekingalpha.comLXP Industrial Trust (LXP) Q4 2022 Earnings Call TranscriptMarch 24, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.February 17, 2023 | ca.finance.yahoo.comQ4 2022 LXP Industrial Trust Earnings CallFebruary 16, 2023 | finance.yahoo.comCORRECTION - LXP Industrial Trust Revised Fourth Quarter 2022 Earnings Replay Conference IDFebruary 16, 2023 | nasdaq.comLXP Industrial (LXP) Matches Q4 FFO EstimatesFebruary 16, 2023 | seekingalpha.comLXP Industrial Q4 earnings reflect robust leasing, leverage reductionFebruary 16, 2023 | finance.yahoo.comLXP Industrial Trust Reports Fourth Quarter 2022 ResultsJanuary 20, 2023 | finance.yahoo.comLXP Industrial Trust to Report Fourth Quarter 2022 Results and Host Conference Call February 16, 2023January 19, 2023 | finance.yahoo.comLXP Industrial Trust Announces Final 2022 Dividend AllocationJanuary 7, 2023 | benzinga.comLXP Industrial Trust Stock (NYSE:LXP), Quotes and News SummaryJanuary 5, 2023 | finance.yahoo.comLXP Industrial Trust (LXP) Stock Historical Prices & Data - Yahoo FinanceDecember 27, 2022 | finance.yahoo.com12 Dividend Stocks That Are Down Over 30% YTDDecember 15, 2022 | finance.yahoo.comAlterra Property Group nears deal to acquire 1701 Market St., soon to be vacated by Morgan LewisNovember 28, 2022 | seekingalpha.comLXP Industrial Trust: Continued Weakness Weighs On This REIT's ProspectsNovember 4, 2022 | msn.com2 Industrial Equity REITs That Have Above-Average YieldsNovember 3, 2022 | apnews.comLXP Industrial: Q3 Earnings SnapshotNovember 3, 2022 | finance.yahoo.comLXP Industrial Trust Reports Third Quarter 2022 ResultsOctober 26, 2022 | msn.comUDR (UDR) Tops Q3 FFO and Revenue EstimatesOctober 25, 2022 | finance.yahoo.comLXP Industrial Trust Publishes 2021 Corporate Responsibility ReportOctober 12, 2022 | finance.yahoo.comLXP Industrial Trust to Report Third Quarter 2022 Results and Host Conference Call November 3, 2022See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Last Earnings5/05/2022Ex-Dividend for 1/17 Dividend12/29/2022Dividend Payable1/17/2023Today3/24/2023Ex-Dividend for 4/17 Dividend3/30/2023Dividend Payable4/17/2023Next Earnings (Estimated)5/04/2023Fiscal 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) 692-7200Fax212-594-6600Employees62Year FoundedN/APrice Target and Rating Average Stock Price Forecast$13.67 High Stock Price Forecast$14.00 Low Stock Price Forecast$13.00 Forecasted Upside/Downside+43.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.38 Trailing P/E Ratio25.11 Forward P/E Ratio14.03 P/E Growth14.3Net Income$113.78 million Net Margins35.42% Pretax Margin31.55% Return on Equity5.17% Return on Assets2.83% Debt Debt-to-Equity Ratio0.19 Current Ratio0.11 Quick Ratio0.11 Sales & Book Value Annual Sales$321.24 million Price / Sales8.69 Cash Flow$1.06 per share Price / Cash Flow9.03 Book Value$8.33 per share Price / Book1.15Miscellaneous Outstanding Shares292,550,000Free Float286,410,000Market Cap$2.79 billion OptionableOptionable Beta0.82 Key ExecutivesT. Wilson EglinChairman, President & Chief Executive OfficerJoseph S. BonventreCOO, Secretary, Executive VP & General CounselBeth BoulericeChief Financial Officer, Treasurer & Executive VPBrendan P. MullinixChief Investment Officer & Executive VPNatasha RobertsEVP & Director-Institutional Fund ManagementKey CompetitorsVornado Realty TrustNYSE:VNOCousins PropertiesNYSE:CUZAmerican Assets TrustNYSE:AATEPR PropertiesNYSE:EPRCorporate Office Properties TrustNYSE:OFCView All CompetitorsInsiders & InstitutionsMetLife Investment Management LLCSold 8,065 shares on 3/23/2023Ownership: 0.049%Victory Capital Management Inc.Bought 269,250 shares on 3/10/2023Ownership: 0.891%NatixisSold 209,000 shares on 2/24/2023Ownership: 0.027%Macquarie Group Ltd.Bought 622,351 shares on 2/21/2023Ownership: 4.086%Centersquare Investment Management LLCSold 51,100 shares on 2/21/2023Ownership: 0.050%View All Insider TransactionsView All Institutional Transactions LXP Stock - Frequently Asked Questions Should I buy or sell LXP Industrial Trust stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for LXP Industrial Trust in the last year. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street equities 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. What is LXP Industrial Trust's stock price forecast for 2023? 2 Wall Street research analysts have issued 1-year price targets for LXP Industrial Trust's stock. Their LXP share price forecasts range from $13.00 to $14.00. On average, they anticipate the company's stock price to reach $13.67 in the next year. This suggests a possible upside of 43.7% from the stock's current price. View analysts price targets for LXP or view top-rated stocks among Wall Street analysts. How have LXP shares performed in 2023? LXP Industrial Trust's stock was trading at $10.02 at the start of the year. Since then, LXP shares have decreased by 5.1% and is now trading at $9.51. View the best growth stocks for 2023 here. Are investors shorting LXP Industrial Trust? LXP Industrial Trust saw a decline in short interest during the month of February. As of February 28th, there was short interest totaling 6,960,000 shares, a decline of 51.2% from the February 13th total of 14,250,000 shares. Based on an average trading volume of 1,900,000 shares, the short-interest ratio is currently 3.7 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, May 4th 2023. View our LXP earnings forecast. How were LXP Industrial Trust's earnings last quarter? LXP Industrial Trust (NYSE:LXP) posted its earnings results on Thursday, May, 5th. The real estate investment trust reported $0.03 earnings per share for the quarter, beating analysts' consensus estimates of $0.01 by $0.02. The real estate investment trust earned $80.30 million during the quarter, compared to analysts' expectations of $80.69 million. LXP Industrial Trust had a trailing twelve-month return on equity of 5.17% and a net margin of 35.42%. The firm's revenue for the quarter was down 13.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.22 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, March 15th. Investors of record on Friday, March 31st will be paid a dividend of $0.125 per share on Monday, April 17th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 5.26%. The ex-dividend date of this dividend is Thursday, March 30th. 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), Invesco KBW Premium Yield Equity REIT ETF (KBWY), Pacer Industrial Real Estate ETF (INDS), ETFB Green SRI REITs ETF (RITA), Invesco S&P SmallCap Financials ETF (PSCF), U.S. Diversified Real Estate ETF (PPTY) and Fidelity Real Estate Investment ETF (FPRO). 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 5.07%. 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 131.58%. 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 69.44% 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 FY 2023 earnings guidance on Monday, February, 20th. The company provided EPS guidance of $0.66-$0.70 for the period, compared to the consensus EPS estimate of $0.69. 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). 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 retail and institutional investors. Top institutional shareholders include Macquarie Group Ltd. (4.09%), Long Pond Capital LP (3.02%), Geode Capital Management LLC (2.05%), Charles Schwab Investment Management Inc. (1.49%), Dimensional Fund Advisors LP (1.37%) and Fisher Asset Management LLC (1.08%). 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 $9.51. How much money does LXP Industrial Trust make? LXP Industrial Trust (NYSE:LXP) has a market capitalization of $2.78 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 $0.38 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 3/24/2023 by MarketBeat.com Staff 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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