LXP icon

LXP Industrial Trust

8.32 USD
+0.10
1.22%
At close Dec 20, 4:00 PM EST
After hours
8.25
-0.07
0.84%
1 day
1.22%
5 days
-8.17%
1 month
-9.37%
3 months
-17.71%
6 months
-6.62%
Year to date
-16.13%
1 year
-12.97%
5 years
-22.24%
10 years
-26.31%
 

About: LXP Industrial Trust is a real estate investment trust principally involved in the ownership of equity and debt investments in single-tenant properties and land throughout the United States. Majority of the revenue is earned through rental revenue.

Employees: 64

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

624% more call options, than puts

Call options by funds: $123K | Put options by funds: $17K

34% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 29

19% more repeat investments, than reductions

Existing positions increased: 117 | Existing positions reduced: 98

6% more capital invested

Capital invested by funds: $2.55B [Q2] → $2.72B (+$165M) [Q3]

3% more funds holding

Funds holding: 287 [Q2] → 297 (+10) [Q3]

3.15% less ownership

Funds ownership: 95.0% [Q2] → 91.85% (-3.15%) [Q3]

100% less funds holding in top 10

Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for LXP.

Financial journalist opinion

Neutral
Seeking Alpha
2 weeks ago
Sector Spotlight: Industrial REITs - Still A Real Estate Darling?
The industrial REIT sector has seen significant price corrections due to changing macroeconomic factors, making current pricing more investible. Investor enthusiasm has waned, reflected in falling AFFO multiples from 35.5x in 2021 to 20.5x recently. Despite strong demand, new supply has suppressed rent growth and occupancy, leading to tepid SSNOI growth.
Sector Spotlight: Industrial REITs - Still A Real Estate Darling?
Neutral
Seeking Alpha
1 month ago
LXP Industrial Trust (LXP) Q3 2024 Earnings Call Transcript
LXP Industrial Trust (NYSE:LXP ) Q3 2024 Earnings Conference Call November 6, 2024 8:30 AM ET Company Participants Heather Gentry - Investor Relations Will Eglin - Chief Executive Officer Brendan Mullinix - Chief Investment Officer James Dudley - Executive Vice President Beth Boulerice - Chief Financial Officer Conference Call Participants Jon Petersen - Jefferies LLC James Kammert - Evercore ISI Mitch Germain - Citizens JMP Operator Good morning and welcome to LXP Industrial Trust Third Quarter 2024 Earnings Call and Webcast. All participants are in a listen-only mode.
LXP Industrial Trust (LXP) Q3 2024 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
LXP Industrial (LXP) Q3 FFO Match Estimates
LXP Industrial (LXP) came out with quarterly funds from operations (FFO) of $0.16 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.18 per share a year ago.
LXP Industrial (LXP) Q3 FFO Match Estimates
Neutral
GlobeNewsWire
1 month ago
LXP Industrial Trust Reports Third Quarter 2024 Results
WEST PALM BEACH, Fla., Nov. 06, 2024 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE:LXP), a real estate investment trust focused on Class A warehouse and distribution real estate investments, today announced results for the quarter ended September 30, 2024.
LXP Industrial Trust Reports Third Quarter 2024 Results
Neutral
GlobeNewsWire
2 months ago
LXP Industrial Trust to Report Third Quarter 2024 Results and Host Conference Call November 6, 2024
WEST PALM BEACH, Fla., Oct. 08, 2024 (GLOBE NEWSWIRE) -- LXP Industrial Trust (NYSE: LXP) (“LXP”), a real estate investment trust (REIT) focused on Class A warehouse and distribution real estate investments, today announced it will release its third quarter 2024 financial results the morning of Wednesday, November 6, 2024. LXP will host its conference call and webcast that same day at 8:30 a.m., Eastern Time to discuss these results. Participants may access the call and webcast by the following:
LXP Industrial Trust to Report Third Quarter 2024 Results and Host Conference Call November 6, 2024
Positive
Seeking Alpha
2 months ago
LXP Industrial: Attractive Dividend Yield, Upside Potential In A Lower Rate Environment
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.
LXP Industrial: Attractive Dividend Yield, Upside Potential In A Lower Rate Environment
Neutral
Seeking Alpha
4 months ago
LXP Industrial Trust (LXP) Q2 2024 Earnings Call Transcript
LXP Industrial Trust (NYSE:LXP ) Q2 2024 Earnings Conference Call July 31, 2024 8:30 AM ET Company Participants Heather Gentry - IR Will Eglin - CEO Brendan Mullinix - CIO James Dudley - EVP Beth Boulerice - CFO Conference Call Participants Anthony Paolone - JPMorgan Todd Thomas - KeyBanc Capital Markets Mitch Germain - Citizens JMP Camille Bonnel - Bank of America James Kammert - Evercore ISI Jon Petersen - Jefferies LLC Operator Thank you for standing by. My name is Christa and I will be your conference operator today.
LXP Industrial Trust (LXP) Q2 2024 Earnings Call Transcript
Positive
Zacks Investment Research
4 months ago
LXP Industrial (LXP) Matches Q2 FFO Estimates
LXP Industrial (LXP) came out with quarterly funds from operations (FFO) of $0.16 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.18 per share a year ago.
LXP Industrial (LXP) Matches Q2 FFO Estimates
Neutral
GlobeNewsWire
4 months ago
LXP Industrial Trust Reports Second Quarter 2024 Results
WEST PALM BEACH, Fla., July 31, 2024 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE:LXP), a real estate investment trust focused on Class A warehouse and distribution real estate investments, today announced results for the quarter ended June 30, 2024.
LXP Industrial Trust Reports Second Quarter 2024 Results
Positive
Seeking Alpha
5 months ago
LXP Industrial: Dividend Bargain Flying Under The Radar
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.
LXP Industrial: Dividend Bargain Flying Under The Radar
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