Streetbeat News

LXP

LXP Industrial Trust

https://www.lxp.com

Industry

REIT - Industrial

Lexington Realty Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) that owns a portfolio of real estate assets consisting primarily of equity investments in single-tenant net-leased industrial properties across the United States. Lexington seeks to expand its industrial portfolio through build-to-suit transactions, sale-leaseback transactions and other transactions, including acquisitions.

Open

9.04

Mkt cap

2.7B

Volume

487K

High

9.15

P/E Ratio

69.65

52-wk high

10.57

Low

9.05

Div yield

0.06

52-wk low

7.65

LXP Industrial Trust receives a strong buy rating due to its growing and diversified portfolio, particularly in the US Sunbelt region. The REIT has shown growth in dividends, profits, and cash flow, while maintaining low leverage and investment-grade credit ratings.

Portfolio Pulse from

March 12, 2025 | 9:45 am

LXP Industrial Trust held its Q4 2024 earnings call on February 13, 2025, discussing its financial performance and strategic initiatives. Key executives participated, and analysts from various firms joined the call.

Portfolio Pulse from

February 13, 2025 | 3:45 pm

LXP Industrial (LXP) reported Q4 funds from operations (FFO) of $0.16 per share, matching the Zacks Consensus Estimate. This is a slight decrease from the $0.17 per share reported a year ago.

Portfolio Pulse from

February 13, 2025 | 1:30 pm

LXP Industrial Trust, a real estate investment trust focused on Class A warehouse and distribution real estate, reported its fourth quarter and full-year 2024 results.

Portfolio Pulse from

February 13, 2025 | 11:15 am

LXP Industrial Trust announced its final 2024 dividend income allocations for common and preferred shares, as reported on Form 1099-DIV. The return of capital on common shares was reported on IRS Form 8937.

Portfolio Pulse from

January 21, 2025 | 9:30 pm

LXP Industrial Trust will release its Q4 2024 financial results on February 13, 2025, and host a conference call to discuss the results.

Portfolio Pulse from

January 15, 2025 | 9:30 pm

LXP Industrial is highlighted as a promising investment for dividend seekers and long-term growth, offering a 6.7% dividend yield. The company's strong portfolio in high-growth U.S. markets and strategic positioning are expected to benefit from demographic trends and manufacturing reshoring.

Portfolio Pulse from

January 02, 2025 | 1:45 pm

LXP Industrial Trust held its Q3 2024 earnings call, discussing financial performance and strategic initiatives. Key executives participated, and analysts from Jefferies LLC, Evercore ISI, and Citizens JMP were present.

Portfolio Pulse from

November 06, 2024 | 5:45 pm

LXP Industrial (LXP) reported Q3 funds from operations (FFO) of $0.16 per share, matching the Zacks Consensus Estimate but down from $0.18 per share a year ago.

Portfolio Pulse from

November 06, 2024 | 1:30 pm

LXP Industrial Trust, a real estate investment trust specializing in Class A warehouse and distribution real estate, has announced its financial results for the third quarter of 2024.

Portfolio Pulse from

November 06, 2024 | 11:15 am

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