LXP Industrial Trust (LXP)
NYSE: LXP · IEX Real-Time Price · USD
9.40
+0.26 (2.84%)
Jul 2, 2024, 4:00 PM EDT - Market closed
LXP Industrial Trust Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for LXP stock have an average target of 11.5, with a low estimate of 11 and a high estimate of 12. The average target predicts an increase of 22.34% from the current stock price of 9.40.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for LXP stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Maintains $11 → $12 | Strong Buy | Maintains | $11 → $12 | +27.66% | Jun 7, 2024 |
| Keybanc | Keybanc | Buy Maintains $12 → $11 | Buy | Maintains | $12 → $11 | +17.02% | Dec 13, 2023 |
| Keybanc | Keybanc | Hold → Buy Upgrades $12 | Hold → Buy | Upgrades | $12 | +27.66% | May 15, 2023 |
| JMP Securities | JMP Securities | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Apr 18, 2023 |
| Jefferies | Jefferies | Strong Buy Maintains $16 → $14 | Strong Buy | Maintains | $16 → $14 | +48.94% | Jun 30, 2022 |
Financial Forecast
Revenue This Year
346.27M
from 340.50M
Increased by 1.69%
Revenue Next Year
375.21M
from 346.27M
Increased by 8.36%
EPS This Year
-0.05
from 0.08
EPS Next Year
0.01
from -0.05
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 366.7M | 422.2M | 484.4M |
| Avg | 346.3M | 375.2M | 465.9M |
| Low | 325.6M | 346.7M | 452.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.7% | 21.9% | 29.1% |
| Avg | 1.7% | 8.4% | 24.2% |
| Low | -4.4% | 0.1% | 20.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.05 | 0.02 | 0.23 |
| Avg | -0.05 | 0.01 | 0.22 |
| Low | -0.05 | - | 0.22 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 2,187.1% |
| Avg | - | - | 2,100.0% |
| Low | - | - | 2,034.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.