LXP Industrial Trust (LXP) AI Stock Analysis

• Market Cap: $2.53B
• Dividend Yield: 6.21%
• Average Volume (3M): 2.69M
• Price to Earnings (P/E): 43.7
• Beta (1Y): 0.80
• Revenue Growth: 5.68%
• EPS Growth: 358.78%
• Country: US
• Employees: 59
• Sector: Real Estate
• Sector Strength: 70
• Industry: REIT - Industrial
• EPS (TTM): 0.06
• Shares Outstanding: 295,756,380
• 10 Day Avg. Volume: 2,700,483
• 30 Day Avg. Volume: 2,693,036
• PEG Ratio: -0.34
• Price to Book (P/B): 1.19
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 17.34
• Enterprise Value/Market Cap: 1.43
• Enterprise Value/Revenue: 2.59
• Enterprise Value/Gross Profit: 35.28
• Enterprise Value/Ebitda: 7.62
• 1Y Price Target: $10.00
• Price Target Upside: 15.07% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 4

• Rating: 68 Neutral
• Price Target: $9.00 ▲(3.57%Upside)

LXP Industrial Trust demonstrates solid financial performance with strong liquidity and revenue growth, supported by positive earnings call sentiment. However, profitability challenges and a high P/E ratio limit the score. The technical analysis suggests moderate momentum with potential resistance ahead.

Positive Factors

Market Exposure

LXP Industrial Trust has improved their exposure to higher growth markets while incurring no bottom-line dilution in the process.

Occupancy and Rent Growth

Occupancy increased to 93.6%, with rents on leasing activities expanding by roughly 40%, indicating strong demand.

Operating Trends

LXP Industrial Trust has become a pure-play industrial REIT with favorable operating trends.

Negative Factors

Earnings Performance

Earnings have been lower year-over-year due to the lack of lease updates on newly completed developments.

Leasing Challenges

Leasing challenges pertaining to speculative big-box vacant developments continue to impact sentiment, bottom-line earnings, and leverage.

Vacancy Issues

Three 1Msf+ developments that were placed in service currently still sit vacant, impacting leasing activity.

LXP Industrial Trust Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

LXP Industrial Trust generates revenue primarily through the leasing of its industrial properties to tenants under long-term lease agreements. The company earns rental income, which is typically structured as net leases, meaning the tenant is responsible for paying a significant portion of the property's operating expenses, such as taxes, insurance, and maintenance. This lease structure allows LXP to maintain a steady and predictable income stream. Additionally, LXP may engage in property acquisitions and dispositions to optimize its portfolio and enhance shareholder value. Strategic partnerships and relationships with tenants and real estate brokers also contribute to the company's ability to maintain high occupancy rates and competitive leasing terms.

LXP Industrial Trust Financial Statement Overview

Summary

LXP Industrial Trust shows consistent revenue growth and strong liquidity with no debt in 2024. However, challenges in profitability margins and operational efficiency, indicated by a negative EBITDA margin, impact the score.

Income Statement

LXP Industrial Trust has shown consistent revenue growth over the years, with a 5.27% increase from 2023 to 2024. The gross profit margin improved significantly in 2024 to 82.98%, indicating strong control over cost of goods sold. However, the net profit margin is relatively low at 10.57% in 2024, suggesting potential challenges in managing other operating expenses. EBITDA margin turned negative in 2024, which is concerning as it indicates potential issues in operational efficiency. Despite these challenges, the company's revenue trajectory remains positive.

Balance Sheet

The balance sheet is relatively strong with a solid equity base and no total debt reported in 2024, resulting in a healthy equity ratio of 54.59%. The return on equity for 2024 is moderate at 1.81%, which may reflect on the company's ability to generate returns on shareholders' equity. The improvement in cash and short-term investments from the previous year strengthens the company's liquidity position. However, the company should focus on enhancing its ROE to improve overall financial performance.

Cash Flow

LXP Industrial Trust has maintained a stable operating cash flow to net income ratio over the last few years, indicating efficiency in converting net income into cash flow. The free cash flow has seen a slight growth, which is positive for future investments and debt repayment. However, the negative financing cash flow in 2024 could indicate a reduction in financing activities, which might limit future growth opportunities. Overall, the cash flow position is stable but requires careful management to sustain growth.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
361.07M	358.46M	340.50M	321.25M	344.00M	330.45M
	Gross Profit
102.75M	105.08M	98.58M	85.81M	119.54M	126.94M
	EBIT
51.55M	65.10M	62.28M	-139.46M	-97.81M	-70.71M
	EBITDA
1.42M	313.16M	245.81M	227.57M	85.44M	258.16M
	Net Income Common Stockholders
63.78M	44.53M	30.38M	113.78M	382.65M	183.30M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
70.94M	101.84M	329.39M	54.39M	190.93M	178.79M
	Total Assets
3.76B	3.84B	4.19B	4.05B	4.01B	3.49B
	Total Debt
0.00	1.46B	1.66B	1.39B	1.40B	1.25B
	Net Debt
1.34B	1.36B	1.46B	1.33B	1.21B	1.07B
	Total Liabilities
1.66B	1.72B	1.93B	1.66B	1.68B	1.50B
	Stockholders Equity
2.07B	2.10B	2.23B	2.35B	2.29B	1.97B
Cash Flow		Free Cash Flow
192.76M	193.41M	191.51M	161.71M	205.14M	184.59M
	Operating Cash Flow
212.56M	211.19M	209.45M	194.27M	220.35M	201.84M
	Investing Cash Flow
113.22M	86.40M	-183.45M	-236.92M	-337.76M	-494.35M
	Financing Cash Flow
-418.42M	-394.98M	118.96M	-93.87M	129.10M	342.63M

LXP Industrial Trust Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 8.69
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LXP, the sentiment is Positive. The current price of 8.69 is above the 20-day moving average (MA) of 8.56, above the 50-day MA of 8.18, and above the 200-day MA of 8.68, indicating a bullish trend. The MACD of 0.10 indicates Positive momentum. The RSI at 61.22 is Neutral, neither overbought nor oversold. The STOCH value of 34.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for LXP.

LXP Industrial Trust Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FR	80 Outperform	$6.71B	24.37	10.18%	3.62%	9.18%	-7.05%
IIPR	79 Outperform	$1.59B	10.93	7.78%	13.13%	-1.33%	-8.62%
STAG	77 Outperform	$6.78B	27.43	7.15%	4.10%	8.81%	33.30%
TRNO	75 Outperform	$6.01B	29.39	5.33%	3.37%	22.17%	4.34%
REXR	74 Outperform	$8.60B	29.52	3.35%	4.73%	18.02%	12.12%
LXP	68 Neutral	$2.53B	43.69	2.98%	6.21%	5.68%	358.78%
Sector *	61 Neutral	$2.84B	10.83	0.41%	9.90%	5.95%	-21.31%

LXP Industrial Trust Corporate Events

LXP Industrial Trust’s Annual Shareholder Meeting Outcomes

On May 27, 2025, LXP Industrial Trust held its Annual Meeting of Shareholders, where approximately 92% of eligible common shares were represented. Key decisions included the election of eight trustees, approval of executive compensation, an amendment to the equity-based award plan, and the ratification of Deloitte & Touche LLP as the accounting firm for 2025. These outcomes reflect the company’s strategic direction and governance priorities, potentially impacting shareholder value and operational focus.

The most recent analyst rating on (LXP) stock is a Hold with a $10.00 price target. To see the full list of analyst forecasts on LXP Industrial Trust stock, see the LXP Stock Forecast page.

LXP Industrial Trust Reports Strong Q1 2025 Results

LXP Industrial Trust reported its first quarter 2025 results, highlighting a net income of $17.3 million and an increase in same-store NOI by 5.2% compared to the same period in 2024. The company completed significant lease extensions and property transactions, including the sale of a warehouse for $35 million and the commencement of a 250,000 square foot warehouse redevelopment. These activities are part of LXP’s strategy to enhance occupancy and leverage its geographic footprint amid a challenging macroeconomic environment.