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LXP Industrial Trust (LXP) Stock

Profile

Industry:

Industrial

Country:

United States

IPO:

22 October 1993

Indexes:

Not included

Description:

LXP Industrial Trust is a real estate investment trust (REIT) that focuses on acquiring and managing industrial properties, primarily in the United States. The company aims to provide stable income and long-term growth by investing in logistics and distribution facilities.

Key Details

Price

$9.41

TTM Dividend Yield

5.53%(-4.16% YoY)

Annual Revenue

$340.50 M(+5.99% YoY)

Annual EPS

$0.08(-78.95% YoY)

PE Ratio

156.83(+207.87% YoY)

Beta

0.82

Events Calendar

Earnings

Next earnings date:

Feb 14, 2025

Recent quarterly earnings:

Nov 06, 2024

Recent annual earnings:

Feb 15, 2024
Dividend

Next ex-dividend date:

Dec 31, 2024

Recent ex-dividend date:

Sept 30, 2024
Splits

Next split:

N/A

Recent split:

Sept 23, 2009

Analyst ratings

Recent major analysts updates

16 Sept '24 Evercore ISI Group
In-Line
28 Aug '24 Evercore ISI Group
In-Line
07 June '24 Jefferies
Buy
13 Dec '23 Keybanc
Overweight
15 May '23 Keybanc
Overweight
18 Apr '23 JMP Securities
Market Perform
30 June '22 Jefferies
Buy
11 Apr '22 Keybanc
Sector Weight
19 Nov '21 Keybanc
Overweight
18 Nov '21 Evercore ISI Group
In-Line

Market Data

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Institutional Ownership

LXP Industrial (LXP) Q3 FFO Match Estimates
LXP Industrial (LXP) Q3 FFO Match Estimates
LXP Industrial (LXP) Q3 FFO Match Estimates
LXP
zacks.com06 November 2024

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 Trust Reports Third Quarter 2024 Results
LXP Industrial Trust Reports Third Quarter 2024 Results
LXP Industrial Trust Reports Third Quarter 2024 Results
LXP
globenewswire.com06 November 2024

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 (LXP) Q3 2024 Earnings Call Transcript
LXP Industrial Trust (LXP) Q3 2024 Earnings Call Transcript
LXP Industrial Trust (LXP) Q3 2024 Earnings Call Transcript
LXP
seekingalpha.com06 November 2024

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 to Report Third Quarter 2024 Results and Host Conference Call November 6, 2024
LXP Industrial Trust to Report Third Quarter 2024 Results and Host Conference Call November 6, 2024
LXP Industrial Trust to Report Third Quarter 2024 Results and Host Conference Call November 6, 2024
LXP
globenewswire.com08 October 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 (LXP) Matches Q2 FFO Estimates
LXP Industrial (LXP) Matches Q2 FFO Estimates
LXP Industrial (LXP) Matches Q2 FFO Estimates
LXP
zacks.com31 July 2024

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 Trust Reports Second Quarter 2024 Results
LXP Industrial Trust Reports Second Quarter 2024 Results
LXP Industrial Trust Reports Second Quarter 2024 Results
LXP
globenewswire.com31 July 2024

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: Dividend Bargain Flying Under The Radar
LXP Industrial: Dividend Bargain Flying Under The Radar
LXP Industrial: Dividend Bargain Flying Under The Radar
LXP
seekingalpha.com09 July 2024

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 Trust to Report Second Quarter 2024 Results and Host Conference Call July 31, 2024
LXP Industrial Trust to Report Second Quarter 2024 Results and Host Conference Call July 31, 2024
LXP Industrial Trust to Report Second Quarter 2024 Results and Host Conference Call July 31, 2024
LXP
globenewswire.com27 June 2024

WEST PALM BEACH, Fla., June 27, 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 second quarter 2024 financial results the morning of Wednesday, July 31, 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 Announces Quarterly Common Share Dividend
LXP Industrial Trust Announces Quarterly Common Share Dividend
LXP Industrial Trust Announces Quarterly Common Share Dividend
LXP
globenewswire.com17 June 2024

WEST PALM BEACH, Fla., June 17, 2024 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE: LXP), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today announced that it declared a regular common share dividend for the quarter ending June 30, 2024 of $0.13 per common share payable on or about July 15, 2024 to common shareholders of record as of June 28, 2024.

LXP Industrial Trust to Report First Quarter 2024 Results and Host Conference Call May 2, 2024
LXP Industrial Trust to Report First Quarter 2024 Results and Host Conference Call May 2, 2024
LXP Industrial Trust to Report First Quarter 2024 Results and Host Conference Call May 2, 2024
LXP
GlobeNewsWire12 April 2024

LXP Industrial Trust (NYSE:LXP) has announced that it will release its first quarter 2024 financial results on the morning of Thursday, May 2, 2024. A conference call and webcast will be held at 8:30 a.m. Eastern Time on the same day to discuss these results. Participants can access the call and webcast using the following information.

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FAQ

  • What is the primary business of LXP Industrial Trust?
  • What is the ticker symbol for LXP Industrial Trust?
  • Does LXP Industrial Trust pay dividends?
  • What sector is LXP Industrial Trust in?
  • What industry is LXP Industrial Trust in?
  • What country is LXP Industrial Trust based in?
  • When did LXP Industrial Trust go public?
  • Is LXP Industrial Trust in the S&P 500?
  • Is LXP Industrial Trust in the NASDAQ 100?
  • Is LXP Industrial Trust in the Dow Jones?
  • When was LXP Industrial Trust's last earnings report?
  • When does LXP Industrial Trust report earnings?
  • Should I buy LXP Industrial Trust stock now?

What is the primary business of LXP Industrial Trust?

LXP Industrial Trust is a real estate investment trust (REIT) that focuses on acquiring and managing industrial properties, primarily in the United States. The company aims to provide stable income and long-term growth by investing in logistics and distribution facilities.

What is the ticker symbol for LXP Industrial Trust?

The ticker symbol for LXP Industrial Trust is NYSE:LXP

Does LXP Industrial Trust pay dividends?

Yes, LXP Industrial Trust pays dividends. The last payment was $0.13, with an ex-dividend date on 30 September 2024

What sector is LXP Industrial Trust in?

LXP Industrial Trust is in the Real Estate sector

What industry is LXP Industrial Trust in?

LXP Industrial Trust is in the Industrial industry

What country is LXP Industrial Trust based in?

LXP Industrial Trust is headquartered in United States

When did LXP Industrial Trust go public?

LXP Industrial Trust's initial public offering (IPO) was on 22 October 1993

Is LXP Industrial Trust in the S&P 500?

No, LXP Industrial Trust is not included in the S&P 500 index

Is LXP Industrial Trust in the NASDAQ 100?

No, LXP Industrial Trust is not included in the NASDAQ 100 index

Is LXP Industrial Trust in the Dow Jones?

No, LXP Industrial Trust is not included in the Dow Jones index

When was LXP Industrial Trust's last earnings report?

LXP Industrial Trust's most recent earnings report was on 6 November 2024

When does LXP Industrial Trust report earnings?

The next expected earnings date for LXP Industrial Trust is 14 February 2025

Should I buy LXP Industrial Trust stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions