LXP Industrial Trust (LXP)

Market Cap	2.58B
Revenue (ttm)	341.68M
Net Income (ttm)	12.41M
Shares Out	294.32M
EPS (ttm)	0.04
PE Ratio	219.25
Forward PE	n/a
Dividend	$0.52 (5.93%)
Ex-Dividend Date	Mar 27, 2024

Volume	1,428,243
Open	8.74
Previous Close	8.68
Day's Range	8.72 - 8.81
52-Week Range	7.75 - 10.75
Beta	0.82
Analysts	Buy
Price Target	11.00 (+25.43%)
Earnings Date	May 2, 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 one analyst, the rating for LXP stock is "Buy" and the 12-month stock price forecast is $11.0.

Price Target

$11.0

(25.43% upside)

Analyst Consensus: Buy