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LXP Industrial Trust (LXP)
NYSE:LXP
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LXP Stock Chart & Stats
Day’s Range― - ―
52-Week Range$7.65 - $10.57
Previous CloseN/A
Volume722.46K
Average Volume (3M)2.17M
Market Cap
$2.41B
Enterprise Value$4.49B
Total Cash (Recent Filing)$86.64M
Total Debt (Recent Filing)$1.73B
Price to Earnings (P/E)122.4
Beta1.15
Next Earnings
Feb 13, 2025EPS Estimate
-0.02Last Dividend Ex-Date
Dec 31, 2024Dividend Yield6.4%
Share Statistics
EPS (TTM)0.07
Shares Outstanding294,509,460
10 Day Avg. Volume2,465,917
30 Day Avg. Volume2,169,915
Standard Deviation0.08
R-Squared0.36
Alpha-0.00780
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)7.09
Price to Cash Flow (P/CF)9.40
P/FCF Ratio27.30
Enterprise Value/Market Cap1.86
Enterprise Value/Revenue13.21
Enterprise Value/Gross Profit45.53
Enterprise Value/Ebitda59.20
Forecast
1Y Price Target
$11.00Price Target Upside34.97% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
LXP Industrial Trust News
PremiumCompany Announcements
LXP Industrial Trust Reports Solid Q3 2024 Results
PremiumCompany Announcements
LXP Industrial Trust Reports Strong Q3 2024 Results
Bulls Say, Bears Say
Bulls Say
Asset Recycling And Market ExposureLXP Industrial Trust has stepped up its asset recycling efforts, improving exposure to higher growth markets without incurring bottom-line dilution.
Development And Leasing ActivityDevelopment leasing is more active, with a 250ksf lease at the recently completed development in Columbus being a positive sign.
Valuation Relative To PeersThe shares are attractively valued relative to peers, trading at mid-14x 2025E FFO/share, compared to industrial REITs as a group at 19x.
Bears Say
Leasing ChallengesLeasing challenges pertaining to speculative big-box vacant developments continue to impact sentiment, bottom-line earnings, and leverage.
Vacant DevelopmentsThree large developments remain vacant, with one potential full-building lease falling through due to the tenant suspending expansion plans.
Warehouse OccupancyA lack of progress in back-filling empty warehouses will weigh on sentiment.
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Ownership Overview
2.60% Insiders
31.83% Mutual Funds
0.20% Other Institutional Investors
33.71% Public Companies and Individual Investors
LXP FAQ
What was LXP Industrial Trust’s price range in the past 12 months?
LXP Industrial Trust lowest stock price was $7.65 and its highest was $10.56 in the past 12 months.
What is LXP Industrial Trust’s market cap?
LXP Industrial Trust’s market cap is $2.41B.
When is LXP Industrial Trust’s upcoming earnings report date?
LXP Industrial Trust’s upcoming earnings report date is Feb 13, 2025 which is in 26 days.
How were LXP Industrial Trust’s earnings last quarter?
LXP Industrial Trust released its earnings results on Nov 06, 2024. The company reported $0.02 earnings per share for the quarter, beating the consensus estimate of -$0.023 by $0.043.
Is LXP Industrial Trust overvalued?
According to Wall Street analysts LXP Industrial Trust’s price is currently Undervalued.
Does LXP Industrial Trust pay dividends?
LXP Industrial Trust pays a Quarterly dividend of $0.522 which represents an annual dividend yield of 6.4%. See more information on LXP Industrial Trust dividends here
What is LXP Industrial Trust’s EPS estimate?
LXP Industrial Trust’s EPS estimate is -0.02.
How many shares outstanding does LXP Industrial Trust have?
LXP Industrial Trust has 294,509,460 shares outstanding.
What happened to LXP Industrial Trust’s price movement after its last earnings report?
LXP Industrial Trust reported an EPS of $0.02 in its last earnings report, beating expectations of -$0.023. Following the earnings report the stock price went up 4.705%.
Which hedge fund is a major shareholder of LXP Industrial Trust?
Currently, no hedge funds are holding shares in LXP
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LXP Industrial Trust Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$11.00 (34.97% Upside)
$11.00 (34.97% Upside)
Blogger Sentiment
Bullish
LXP Sentiment 80%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 2.5M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 7.5%
Last 30 Days ▼ 7.6%
Last 30 Days ▼ 7.6%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-5.10%
12-Months-Change
Fundamentals
Return on Equity
1.18%
Trailing 12-Months
Asset Growth
-1.91%
Trailing 12-Months
Company Description
LXP Industrial Trust
Lexington Realty 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.
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LXP Company Deck
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LXP Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call conveyed a strong performance in leasing and strategic asset sales, with capital reinvestment in target markets. Despite challenges such as rising industrial market vacancy and one-time costs, the company's financial strategies and growth opportunities were positive.Read More>---
LXP Stock 12 Month Forecast
Average Price Target
$11.00
▲(34.97% Upside)
Technical Analysis
Stag Industrial
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Prologis
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Rexford Industrial Realty
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Eastgroup Properties
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First Industrial Realty
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Terreno Realty
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Best Analysts Covering LXP
1 Year
1 Year Success Rate
6/12 ratings generated profit
1 Year Average Return
+13.52%
assigned a buy rating 18 days ago
Copying Jonathan Petersen's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +13.52% per trade.
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