LXP Industrial Trust (NYSE:LXP – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 3.300-3.400 for the period, compared to the consensus EPS estimate of 3.310. The company issued revenue guidance of -.
Wall Street Analyst Weigh In
A number of research firms have recently commented on LXP. Wall Street Zen upgraded LXP Industrial Trust from a “sell” rating to a “hold” rating in a research report on Saturday, June 13th. KeyCorp restated a “sector weight” rating on shares of LXP Industrial Trust in a research report on Tuesday, June 9th. JPMorgan Chase & Co. dropped their target price on LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating on the stock in a research report on Thursday, March 5th. Raymond James Financial began coverage on LXP Industrial Trust in a research report on Wednesday. They set a “market perform” rating on the stock. Finally, Weiss Ratings upgraded LXP Industrial Trust from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday. Three research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, LXP Industrial Trust has a consensus rating of “Hold” and an average target price of $52.63.
Read Our Latest Stock Report on LXP
LXP Industrial Trust Stock Down 3.0%
LXP Industrial Trust (NYSE:LXP – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $0.80 EPS for the quarter. The firm had revenue of $85.95 million for the quarter, compared to analyst estimates of $81.47 million. LXP Industrial Trust had a net margin of 27.05% and a return on equity of 4.80%. The business’s revenue for the quarter was down 3.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.16 EPS. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. On average, equities research analysts anticipate that LXP Industrial Trust will post 3.33 EPS for the current year.
LXP Industrial Trust Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 5.3%. The ex-dividend date is Tuesday, June 30th. LXP Industrial Trust’s dividend payout ratio (DPR) is 189.19%.
Institutional Trading of LXP Industrial Trust
A number of large investors have recently modified their holdings of the stock. California State Teachers Retirement System increased its position in shares of LXP Industrial Trust by 0.5% during the second quarter. California State Teachers Retirement System now owns 271,954 shares of the real estate investment trust’s stock worth $2,246,000 after acquiring an additional 1,474 shares during the period. Geneos Wealth Management Inc. increased its position in shares of LXP Industrial Trust by 82.0% during the second quarter. Geneos Wealth Management Inc. now owns 3,623 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 1,632 shares during the period. Smartleaf Asset Management LLC increased its position in shares of LXP Industrial Trust by 14.3% during the second quarter. Smartleaf Asset Management LLC now owns 13,954 shares of the real estate investment trust’s stock worth $118,000 after acquiring an additional 1,742 shares during the period. EverSource Wealth Advisors LLC increased its position in shares of LXP Industrial Trust by 101.7% during the second quarter. EverSource Wealth Advisors LLC now owns 3,481 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 1,755 shares during the period. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in shares of LXP Industrial Trust during the third quarter worth $26,000. Hedge funds and other institutional investors own 93.52% of the company’s stock.
LXP Industrial Trust Company Profile
LXP Industrial Trust is a real estate investment trust that specializes in the ownership, acquisition and management of industrial properties across North America. The company’s portfolio consists of warehouses, distribution centers and manufacturing facilities designed to support supply-chain and logistics operations. By focusing on long-term leasing arrangements, LXP Industrial Trust aims to provide stable income streams while delivering value to tenants through modern, well-positioned industrial space.
The firm’s primary business activities include sourcing and under-writing new property investments, overseeing development and redevelopment projects, and implementing asset-management strategies to enhance the performance of its holdings.
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