LXP Industrial Trust (LXP) Stock Overview
A publicly traded real estate investment trust (REIT) focused on Class A warehouse and distribution investments in 12 target markets across the Sunbelt and lower Midwest. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 1/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
LXP Community Fair Values
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Analyst Price Targets
LXP Industrial Trust Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$52.24 |
| 52 Week High | US$52.79 |
| 52 Week Low | US$38.20 |
| Beta | 1.09 |
| 1 Month Change | 5.73% |
| 3 Month Change | 8.14% |
| 1 Year Change | 26.95% |
| 3 Year Change | 3.24% |
| 5 Year Change | -15.61% |
| Change since IPO | 14.50% |
Recent News & Updates
Narrative Update • Apr 25
LXP: Future Returns Will Hinge On Reset 2026 To 2027 Earnings Path
Analysts now see only a modest uptick in fair value to $53.17, even as they lower price targets, such as JPMorgan's move to $49, and trim out year estimates. This reflects more cautious assumptions on revenue growth, along with slightly higher profit margin and P/E expectations.Narrative Update • Apr 09
LXP: Future Returns Will Depend On Adjusted 2026 To 2027 Estimates
Analysts have trimmed their average price target for LXP Industrial Trust by $1 to $49. This reflects updated 2026 and 2027 estimates that leave the stock's implied fair value and supporting assumptions broadly unchanged.Recent updates
Narrative Update • Apr 25
LXP: Future Returns Will Hinge On Reset 2026 To 2027 Earnings Path
Analysts now see only a modest uptick in fair value to $53.17, even as they lower price targets, such as JPMorgan's move to $49, and trim out year estimates. This reflects more cautious assumptions on revenue growth, along with slightly higher profit margin and P/E expectations.Narrative Update • Apr 09
LXP: Future Returns Will Depend On Adjusted 2026 To 2027 Estimates
Analysts have trimmed their average price target for LXP Industrial Trust by $1 to $49. This reflects updated 2026 and 2027 estimates that leave the stock's implied fair value and supporting assumptions broadly unchanged.Narrative Update • Mar 26
LXP: Future Returns Will Hinge On Refined 2026 To 2027 Outlook
Analysts have modestly trimmed their price targets for LXP Industrial Trust, with one moving to $49 and another cutting by $4.50. The changes reflect updated 2026 and 2027 estimates while leaving the broader valuation inputs largely unchanged.Narrative Update • Mar 12
LXP: Future Returns Will Reflect Cleaner 2026 To 2027 Earnings Baseline
Analysts have trimmed their average price target for LXP Industrial Trust by about $0.17 to roughly $52.83, reflecting refreshed assumptions on long term growth, profitability, discount rates, and future P/E following recent target cuts from firms revisiting 2026 and 2027 estimates. Analyst Commentary Recent research updates on LXP Industrial Trust focus on refreshed 2026 and 2027 assumptions, with JPMorgan and other firms revisiting how earnings power, valuation, and execution risks compare with current trading levels.Narrative Update • Feb 26
LXP: Future Returns Will Reflect Reset Discount Rates And Execution Risks
Narrative Update Analysts have trimmed their price target on LXP Industrial Trust by $1.36 to $53.00, citing updated assumptions around discount rates, revenue growth, profit margins, and future P/E multiples reflected in recent Street research. Analyst Commentary Street research around the latest price target move focuses on how current assumptions for discount rates, revenue growth, profit margins, and future P/E multiples compare with the trust's execution risks and potential upside.Narrative Update • Feb 11
LXP: Stable Outlook Will Reflect Unchanged Fair Value And Profitability Assumptions
Analysts kept their $54.36 price target for LXP Industrial Trust effectively unchanged, citing only small adjustments to inputs such as discount rate, revenue growth, profit margin, and long term P/E assumptions in their updated models. Valuation Changes Fair Value: Model fair value remains at $54.36 with no change in the latest update.Narrative Update • Jan 27
LXP: Stable Outlook Will Reflect Buybacks Split And Dividend Policy
Analysts have kept their price target for LXP Industrial Trust broadly stable, with only a marginal adjustment reflecting minor tweaks to assumptions around the discount rate, profit margin and very large forward P/E, rather than any major change in the underlying outlook. What's in the News A planned 1 for 5 stock split or significant stock dividend is scheduled for November 11, 2025.Seeking Alpha • Jan 21
LXP Industrial Trust: Solid Fundamentals, But Better Risk-Adjusted Income From Preferred
Summary LXP Industrial Trust is rated Hold, appearing fairly valued after a 25% recovery, while its preferred stock is a Buy for safer yield. LXP’s portfolio of 112 Class A industrial properties in high-growth Sunbelt and Midwest markets backed by solid fundamentals and tenant quality. Recent asset sales at a premium, refinancing at lower spreads, and strong occupancy enhance FFO accretion and reduce leverage. Dividend payout is high relative to estimated AFFO, exposing LXP to macro risks, but lease mark-to-market and rent escalators offer organic growth potential. Read the full article on Seeking AlphaNarrative Update • Jan 13
LXP: Asset Sales And Policy Tailwinds Will Shape Balanced Future Returns
Narrative Update on LXP Industrial Trust Analysts have lifted their price target on LXP Industrial Trust to $11.50, citing the recent sale of two vacant developments as a key factor. They noted that the sale removed an overhang on the shares, supported earnings accretion, strengthened the balance sheet, and left the remaining portfolio positioned to benefit from current policy measures.Narrative Update • Dec 25
LXP: Asset Sales Will Drive Balance Sheet Repair And Rerating Potential
Analysts nudged their price target for LXP Industrial Trust slightly higher to $11.50, citing the sale of two vacant developments that removed a key overhang, strengthened the balance sheet, and allowed focus to shift toward rent growth among peers and an attractive valuation. Analyst Commentary Recent research updates have turned incrementally more constructive on LXP Industrial Trust following the sale of the two vacant developments, with analysts highlighting both improved balance sheet positioning and clearer visibility on growth drivers.Narrative Update • Dec 11
LXP: Asset Sales And Balance Sheet Actions Will Shape Rerating Prospects
Analysts have modestly raised their price target on LXP Industrial Trust to $11.50 from $11.00, citing the accretive sale of vacant development projects, improved balance sheet strength, and expectations that investors will refocus on the company’s rent growth and valuation discount to industrial peers. Analyst Commentary Analyst commentary on LXP Industrial Trust has turned increasingly constructive following the sale of its vacant development projects, with most views skewing positively toward the company’s growth prospects and valuation.Narrative Update • Nov 27
LXP: Recent Asset Sales Will Alleviate Overhang As Balance Sheet Improves
Analysts have raised their price target for LXP Industrial Trust to $11.50. This upgrade is attributed to recent asset sales that strengthened the balance sheet and alleviated overhang concerns, positioning the stock more favorably among its industrial peers.Narrative Update • Nov 12
LXP: Share Overhang Will Lift Following Sale of Vacant Properties
Analysts have substantially raised their price target for LXP Industrial Trust from $10.64 to $53.93, citing the accretive sale of vacant development projects and an improved rent growth outlook. Analyst Commentary Following recent strategic moves by LXP Industrial Trust, analysts have offered perspectives on the company’s positioning, valuation, and growth outlook.Narrative Update • Oct 28
Industrial Sector Strength Will Drive Momentum As Overhangs Are Eliminated
The analyst price target for LXP Industrial Trust has increased from $10.33 to $10.64. Analysts cite the accretive impact of recent asset sales and an improved financial outlook as key factors for this change.Seeking Alpha • Mar 12
LXP Industrial Trust Is Strong Buy At Cheap Price And Growing Sunbelt Portfolio
Summary LXP Industrial Trust gets a strong buy rating today for my initial coverage. This industrial REIT has a growing and diversified portfolio of warehouses with a strong focus on the US Sunbelt region, and tenants like Amazon and Walmart. It has proven itself in growing dividends, profits, and cash flow, while also keeping leverage low and getting investment-grade credit ratings. Some macro-level risks to consider include the elevated interest rate environment impacting real estate, and tariffs impacting import trade. Read the full article on Seeking AlphaSeeking Alpha • Feb 27
LXP Industrial: The Common, The Preferred, Or The Bonds?
Summary We identified mispricing in LXP Industrial Trust's capital structure, particularly in its preferred stock, amidst a challenging market for undervalued high-yield instruments. LXP's bonds, with yields between 5% and 5.4%, are reasonably priced and offer no significant alpha compared to similar REIT bonds. LXP's 6.5% convertible preferred stock, yielding 6.87%, shows a notable spread to similar REIT preferred stocks, indicating a potential mispricing. Despite not being a massive bargain, LXP-C's near 7% yield and relative safety make it a valuable addition to our portfolio. Read the full article on Seeking Alpha
New Narrative • Feb 09
Sun Belt Expansion And Leasing Gains Will Strengthen Future Prospects
Strategic focus on high-growth markets like the Sun Belt should drive revenue growth from favorable demographic trends in population and job growth.Seeking Alpha • Jan 02
LXP Industrial: Great Assets, Great Dividend, But No Growth
Summary Industrial REITs, including LXP Industrial, are trading at low valuations, with LXP offering a compelling 6.6% dividend yield, higher than the sector average. LXP's portfolio focuses on large, single-tenant properties in the Sunbelt and Midwest, with a high occupancy. LXP's revenue growth lags behind peers, and recent transactions do not suggest significant earnings growth for 2025. LXP is a stable income play with a high dividend yield, but limited growth potential means this investment is not for everyone. Read the full article on Seeking AlphaSeeking Alpha • Oct 01
LXP Industrial: Attractive Dividend Yield, Upside Potential In A Lower Rate Environment
Summary LXP Industrial owns a high-quality portfolio of single-tenant industrial properties across the U.S. The company recently became a pure-play industrial REIT after fully exiting its office portfolio. While LXP carries higher leverage, it has maintained its high-yield dividend. Shares have held flat since my last update, but I remain bullish on its prospects. In my view, strong leasing momentum, robust same-property performance, and positive trends in its debt profile position LXP well for future gains. Read the full article on Seeking AlphaSeeking Alpha • Jul 09
LXP Industrial: Dividend Bargain Flying Under The Radar
Summary I find value in underfollowed stocks with attractive prices and high yields, like LXP Industrial. LXP has transitioned to an industrial REIT with strong portfolio fundamentals, strong tenant profile, and growth potential through rent escalations and new developments. LXP's 5.6% dividend yield, strategic market positioning, and solid balance sheet make it an attractive buy for value investors compared to more expensive peers in the industrial sector. Read the full article on Seeking AlphaSeeking Alpha • Apr 08
LXP Industrial Trust: A Speculative Case For M&A
Summary 54 million square foot Class A warehouse/distribution portfolio. Reasonable 14 P/FFO valuation, with 5.9% dividend. Underperformed vs. peers over 1, 3, and 5 years. We speculate that good assets, reasonable valuation, and underperformance might create an attractive M&A target for larger industrial REITs, and discuss some possibilities. Read the full article on Seeking AlphaSeeking Alpha • Mar 11
LXP Industrial: Dividends Raised, Transformation Complete
Summary LXP Industrial is an undervalued REIT with strong operating fundamentals and has transformed its portfolio to full industrial. The company has a diverse portfolio of Class A, single-tenant properties in secondary markets, attracting premier tenants. LXP has demonstrated fundamental growth, with positive Same-Store NOI growth and a 100% occupancy rate, and recently raised its dividend. Read the full article on Seeking AlphaShareholder Returns
| LXP | US Industrial REITs | US Market | |
|---|---|---|---|
| 7D | 2.8% | 1.4% | -0.8% |
| 1Y | 27.0% | 27.1% | 27.1% |
Return vs Industry: LXP matched the US Industrial REITs industry which returned 27.1% over the past year.
Return vs Market: LXP matched the US Market which returned 27.1% over the past year.
Price Volatility
| LXP volatility | |
|---|---|
| LXP Average Weekly Movement | 3.3% |
| Industrial REITs Industry Average Movement | 3.0% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.3% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: LXP has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: LXP's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1993 | 58 | Will Eglin | www.lxp.com |
LXP Industrial Trust is a publicly traded real estate investment trust (REIT) focused on Class A warehouse and distribution investments in 12 target markets across the Sunbelt and lower Midwest. LXP seeks to expand its warehouse and distribution portfolio through acquisitions, build-to-suit transactions, sale-leaseback transactions, development projects and other transactions. LXP Industrial Trust was incorporated in 1993 and is based in West Palm Beach, United States.
LXP Industrial Trust Fundamentals Summary
| LXP fundamental statistics | |
|---|---|
| Market cap | US$3.06b |
| Earnings (TTM) | US$87.25m |
| Revenue (TTM) | US$347.31m |
35.3x
P/E Ratio8.9x
P/S RatioIs LXP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| LXP income statement (TTM) | |
|---|---|
| Revenue | US$347.31m |
| Cost of Revenue | US$64.19m |
| Gross Profit | US$283.12m |
| Other Expenses | US$195.87m |
| Earnings | US$87.25m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.48 |
| Gross Margin | 81.52% |
| Net Profit Margin | 25.12% |
| Debt/Equity Ratio | 67.5% |
How did LXP perform over the long term?
See historical performance and comparisonDividends
5.4%
Current Dividend Yield98%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/22 21:58 |
| End of Day Share Price | 2026/05/22 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
LXP Industrial Trust is covered by 19 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ross Smotrich | Barclays |
| Nathan Crossett | BNP Paribas |
| Jing Xian Tan Bonnel | BofA Global Research |