LXP Industrial Trust (LXP)

Market Cap	2.95B
Revenue (ttm)	341.68M
Net Income (ttm)	12.41M
Shares Out	294.32M
EPS (ttm)	0.04
PE Ratio	251.00
Forward PE	n/a
Dividend	$0.52 (5.18%)
Ex-Dividend Date	Jun 28, 2024

Volume	1,599,421
Open	10.06
Previous Close	10.06
Day's Range	9.91 - 50.00
52-Week Range	7.75 - 10.75
Beta	0.88
Analysts	Strong Buy
Price Target	11.50 (+14.54%)
Earnings Date	Jul 31, 2024

About LXP

LXP Industrial Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) focused on single-tenant industrial real estate investments across the United States. LXP seeks to expand its industrial portfolio through acquisitions, build-to-suit transactions, sale-leaseback transactions, development projects and other transactions.

• Industry: REIT - Industrial
• Sector: Real Estate
• IPO Date: Aug 10, 1993
• Employees: 64
• Stock Exchange: NYSE
• Ticker Symbol: LXP

Financial Performance

In 2023, LXP's revenue was $340.50 million, an increase of 5.99% compared to the previous year's $321.25 million. Earnings were $23.86 million, a decrease of -77.76%.

Analyst Forecast

According to 2 analysts, the average rating for LXP stock is "Strong Buy." The 12-month stock price forecast is $11.5, which is an increase of 14.54% from the latest price.

Price Target

$11.5

(14.54% upside)

Analyst Consensus: Strong Buy