Positive News SentimentPositive NewsNYSE:LXP LXP Industrial Trust (LXP) Stock Price, News & Analysis → Biden’s Tax Plan Could Destroy Your Retirement Savings! (From GoldenCrest Metals) (Ad) Free LXP Stock Alerts $8.78 -0.01 (-0.11%) (As of 06/13/2024 ET) Add Compare Share Share Today's Range$8.69▼$8.8550-Day Range$8.34▼$9.3252-Week Range$7.75▼$10.75Volume1.58 million shsAverage Volume2.29 million shsMarket Capitalization$2.58 billionP/E Ratio219.55Dividend Yield5.92%Price Target$11.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get LXP Industrial Trust alerts: Email Address LXP Industrial Trust MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside29.1% Upside$11.33 Price TargetShort InterestHealthy1.15% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-2.03Upright™ Environmental ScoreNews Sentiment1.60Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth4.76%From $0.63 to $0.66 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.43 out of 5 starsFinance Sector190th out of 868 stocksReal Estate Investment Trusts Industry26th out of 175 stocks 3.5 Analyst's Opinion Consensus RatingLXP Industrial Trust has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageLXP Industrial Trust has only been the subject of 2 research reports in the past 90 days.Read more about LXP Industrial Trust's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.15% 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 1.5, 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 14.03%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipLXP Industrial Trust is a leading dividend payer. It pays a dividend yield of 5.99%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthLXP Industrial Trust does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of LXP Industrial Trust is 1,300.33%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, LXP Industrial Trust will have a dividend payout ratio of 78.79% in the coming year. This indicates that LXP Industrial Trust may not be able to sustain their current dividend.Read more about LXP Industrial Trust's dividend. Previous Next 2.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreLXP Industrial Trust has received a 5.80% 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 "Industrial and logistics property leasing services" and "Real estate funds investing in industrial, logistics and warehousing buildings" products. See details.Environmental SustainabilityThe Environmental Impact score for LXP Industrial Trust is -2.03. Previous Next 3.7 News and Social Media Coverage News SentimentLXP Industrial Trust has a news sentiment score of 1.60. 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 0.87 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for LXP Industrial Trust this week, compared to 2 articles on an average week.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 2.17% of the stock of LXP Industrial Trust is held by insiders.Percentage Held by Institutions93.52% 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.Read more about LXP Industrial Trust's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for LXP Industrial Trust are expected to grow by 4.76% in the coming year, from $0.63 to $0.66 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LXP Industrial Trust is 219.55, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 138.30.Price to Earnings Ratio vs. SectorThe P/E ratio of LXP Industrial Trust is 219.55, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 57.78.Price to Book Value per Share RatioLXP Industrial Trust has a P/B Ratio of 1.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about LXP Industrial Trust's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad The Freeport SocietyDemocrats’ “break glass for emergency” candidate for 2024Nate Silver has been a celebrity pundit since at least the 2008 election, when he correctly predicted the winner in 49 of 50 states, and nailed all 35 Senate election outcomes. But interestingly, one man reached the same conclusion as Nate Silver a long time ago…For full details, click here. 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.Read More LXP Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LXP Stock News HeadlinesJune 8, 2024 | americanbankingnews.comLXP Industrial Trust (NYSE:LXP) Price Target Raised to $12.00 at Jefferies Financial GroupJune 5, 2024 | americanbankingnews.comLXP Industrial Trust (NYSE:LXP) Now Covered by Analysts at BNP ParibasMay 30, 2024 | globenewswire.comLXP Industrial Trust Announces Beth Boulerice to Step Down as Chief Financial Officer and be Succeeded by Nathan BrunnerMay 27, 2024 | msn.comCheap Stocks that Pay Dividends: Read MoreMay 18, 2024 | finance.yahoo.comThese Industrial REITs Yield Over 5% and Have Track Records of Dividend GrowthMay 5, 2024 | finance.yahoo.comLXP Industrial Trust (LXP) Q1 2024 Earnings Call Transcript Highlights: Strategic Developments ...May 3, 2024 | finance.yahoo.comLXP Industrial Trust (NYSE:LXP) Q1 2024 Earnings Call TranscriptMay 3, 2024 | seekingalpha.comLXP Industrial Trust (LXP) Q1 2024 Earnings Call TranscriptMay 3, 2024 | finance.yahoo.comQ1 2024 LXP Industrial Trust Earnings CallMay 2, 2024 | finance.yahoo.comLXP Industrial Trust Reports Mixed First Quarter 2024 Results, Aligns with EPS ProjectionsMay 2, 2024 | markets.businessinsider.comLXP Industrial Trust Q1 FFO DeclinesMay 2, 2024 | msn.comLXP Industrial Trust reports Q1 earnings; updates FY24 outlookMay 2, 2024 | globenewswire.comCORRECTION: LXP Industrial Trust Reports First Quarter 2024 ResultsMay 2, 2024 | globenewswire.comLXP Industrial Trust Reports First Quarter 2024 ResultsApril 18, 2024 | nasdaq.comLXP Industrial Trust's Series C Preferred Stock Shares Cross 7% Yield MarkApril 12, 2024 | globenewswire.comLXP Industrial Trust to Report First Quarter 2024 Results and Host Conference Call May 2, 2024April 10, 2024 | investorplace.comWall Street Favorites: 3 REITs With Strong Buy Ratings for April 2024April 8, 2024 | seekingalpha.comLXP Industrial Trust: A Speculative Case For M&AMarch 18, 2024 | globenewswire.comLXP Industrial Trust Announces Quarterly Common Share DividendMarch 16, 2024 | finance.yahoo.comLXP Apr 2024 7.500 putMarch 11, 2024 | msn.comNewLake Capital Partners beats top-line and bottom-line estimates; raises dividendMarch 11, 2024 | seekingalpha.comLXP Industrial: Dividends Raised, Transformation CompleteFebruary 20, 2024 | finance.yahoo.com2 Industrial REITs to Buy for Yield and Income in 2024February 16, 2024 | finance.yahoo.comLXP Industrial Trust (NYSE:LXP) Q4 2023 Earnings Call TranscriptFebruary 16, 2024 | finance.yahoo.comQ4 2023 LXP Industrial Trust Earnings CallSee 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 Company Calendar Last Earnings2/15/2024Ex-Dividend for 4/15 Dividend3/27/2024Dividend Payable4/15/2024Today6/13/2024Next Earnings (Estimated)8/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryDiversified REITs Current SymbolNYSE:LXP CUSIP52904310 CIK910108 Webwww.lxp.com Phone(212) 692-7200Fax212-594-6600Employees64Year FoundedN/APrice Target and Rating Average Stock Price Target$11.33 High Stock Price Target$12.00 Low Stock Price Target$11.00 Potential Upside/Downside+29.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.04 Trailing P/E Ratio219.55 Forward P/E Ratio13.94 P/E GrowthN/ANet Income$30.38 million Net Margins5.52% Pretax Margin8.25% Return on Equity0.86% Return on Assets0.46% Debt Debt-to-Equity Ratio0.20 Current Ratio0.27 Quick Ratio0.27 Sales & Book Value Annual Sales$340.50 million Price / Sales7.59 Cash Flow$0.76 per share Price / Cash Flow11.49 Book Value$7.42 per share Price / Book1.18Miscellaneous Outstanding Shares294,320,000Free Float287,928,000Market Cap$2.58 billion OptionableOptionable Beta0.85 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. T. Wilson Eglin (Age 59)Chairman, President & CEO Comp: $1.85MMs. Beth Boulerice (Age 59)Executive VP, CFO & Treasurer Comp: $1.04MMr. Joseph S. Bonventre (Age 48)COO, Executive VP, General Counsel & Secretary Comp: $1.12MMr. Brendan P. Mullinix (Age 49)Chief Investment Officer & Executive VP Comp: $998.37kMr. James Dudley (Age 43)Executive VP & Director of Asset Management Comp: $856.31kMr. Mark Cherone (Age 42)Senior VP & Chief Accounting Officer Ms. Heather T. GentrySenior Vice President of Investor RelationsMs. Sara KleinDirector of Human ResourcesMr. Patrick Carroll (Age 60)Executive VP & Chief Risk Officer Comp: $818.24kMs. Natasha Roberts (Age 57)Executive VP & Director of Institutional Fund Management More ExecutivesKey CompetitorsVornado Realty TrustNYSE:VNOCousins PropertiesNYSE:CUZAmerican Assets TrustNYSE:AATWhitestone REITNYSE:WSRGladstone CommercialNASDAQ:GOODView All CompetitorsInstitutional OwnershipCalifornia State Teachers Retirement SystemSold 16,033 shares on 5/16/2024Ownership: 0.099%Caxton Associates LPBought 11,290 shares on 5/16/2024Ownership: 0.004%Paloma Partners Management CoBought 10,601 shares on 5/16/2024Ownership: 0.004%Public Employees Retirement System of OhioSold 2,241 shares on 5/15/2024Ownership: 0.143%Price T Rowe Associates Inc. MDBought 10,594 shares on 5/15/2024Ownership: 0.057%View All Institutional Transactions LXP Stock Analysis - Frequently Asked Questions Should I buy or sell LXP Industrial Trust stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for LXP Industrial Trust in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" LXP shares. View LXP analyst ratings or view top-rated stocks. What is LXP Industrial Trust's stock price target for 2024? 3 analysts have issued 12-month price targets for LXP Industrial Trust's shares. Their LXP share price targets range from $11.00 to $12.00. On average, they anticipate the company's share price to reach $11.33 in the next twelve months. This suggests a possible upside of 29.1% 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 2024? LXP Industrial Trust's stock was trading at $9.92 at the beginning of the year. Since then, LXP shares have decreased by 11.5% and is now trading at $8.78. View the best growth stocks for 2024 here. Are investors shorting LXP Industrial Trust? LXP Industrial Trust saw a decrease in short interest in April. As of April 30th, there was short interest totaling 4,100,000 shares, a decrease of 8.3% from the April 15th total of 4,470,000 shares. Based on an average daily volume of 2,440,000 shares, the short-interest ratio is currently 1.7 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 Wednesday, August 7th 2024. View our LXP earnings forecast. How were LXP Industrial Trust's earnings last quarter? LXP Industrial Trust (NYSE:LXP) posted its quarterly earnings data on Thursday, February, 15th. The real estate investment trust reported $0.04 earnings per share for the quarter, missing analysts' consensus estimates of $0.17 by $0.13. The real estate investment trust had revenue of $83 million for the quarter, compared to analysts' expectations of $83.74 million. LXP Industrial Trust had a net margin of 5.52% and a trailing twelve-month return on equity of 0.86%. The company's quarterly revenue was up 2.3% compared to the same quarter last year. During the same period last year, the company 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 Monday, March 18th. Stockholders of record on Thursday, March 28th will be given a dividend of $0.13 per share on Monday, April 15th. This represents a $0.52 annualized dividend and a dividend yield of 5.92%. The ex-dividend date is Wednesday, March 27th. 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 5.99%. LXP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 1,300.33%. 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 78.79% 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 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 Active REIT ETF (REIT), Invesco KBW Premium Yield Equity REIT ETF (KBWY), ALPS REIT Dividend Dogs ETF (RDOG), Pacer Industrial Real Estate ETF (INDS), U.S. Diversified Real Estate ETF (PPTY), Invesco S&P SmallCap Financials ETF (PSCF) and First Trust Horizon Managed Volatility Small/Mid ETF (HSMV). What guidance has LXP Industrial Trust issued on next quarter's earnings? LXP Industrial Trust updated its FY 2024 earnings guidance on Friday, May, 3rd. The company provided earnings per share (EPS) guidance of 0.610-0.650 for the period, compared to the consensus earnings per share estimate of 0.620. 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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (15.57%), Long Pond Capital LP (2.53%), Principal Financial Group Inc. (0.52%), Public Employees Retirement Association of Colorado (0.49%), Clearbridge Investments LLC (0.46%) and Hazelview Securities Inc. (0.46%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:LXP) was last updated on 6/14/2024 by MarketBeat.com Staff From Our PartnersGold Prices Surge and This $0.32 Stock Is Reaping The RewardsGold prices are on the rise. This surge in gold prices is great news for gold mining stocks. Especially ...Market JAR | SponsoredMoonshot Coins for the Current Crypto RunAre you monitoring 13,217 cryptocurrencies everyday? 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