LXP Industrial Trust (LXP) AI Stock Analysis

• Market Cap: $2.93B
• Dividend Yield: 5.33%
• Average Volume (3M): 429.51K
• Price to Earnings (P/E): 26.2
• Beta (1Y): 0.59
• Revenue Growth: 6.98%
• EPS Growth: 465.32%
• Country: US
• Employees: 59
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Industrial
• EPS (TTM): 0.60
• Shares Outstanding: 59,200,000
• 10 Day Avg. Volume: 396,085
• 30 Day Avg. Volume: 429,510
• PEG Ratio: 0.91
• Price to Book (P/B): 1.13
• Price to Sales (P/S): 6.60
• P/FCF Ratio: 12.24
• Enterprise Value/Market Cap: 1.40
• Enterprise Value/Revenue: 11.27
• Enterprise Value/Gross Profit: 26.90
• Enterprise Value/Ebitda: 13.49
• 1Y Price Target: $54.00
• Price Target Upside: 8.67% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 74 Outperform
• Price Target: $56.00 ▲(12.70% Upside)

The score is driven primarily by solid financial performance (strong growth, improved profitability, and healthy cash conversion) and a constructive technical trend (positive MACD and price above key moving averages). Positive earnings-call developments (raised FFO guidance, leverage reduction, and dividend increase) add support, while valuation is held back by a higher P/E despite an attractive yield.

Positive Factors

Revenue Growth

Strong revenue growth reflects increasing demand for LXP's industrial properties, driven by e-commerce and logistics trends, supporting long-term business expansion.

Leverage Reduction

Reducing leverage enhances financial flexibility and stability, allowing LXP to better manage its capital structure and invest in growth opportunities.

Occupancy and Rent Increases

High occupancy and rent escalations ensure stable cash flows and profitability, reinforcing LXP's competitive position in the industrial property market.

Negative Factors

Debt Levels

While leverage has been reduced, maintaining moderate debt levels is crucial to avoid financial strain and ensure long-term operational flexibility.

Same-Store NOI Growth

Slower NOI growth may signal challenges in maximizing property income, potentially impacting future revenue and profitability growth.

Limited Acquisition Plans

Limited acquisition activity could restrict LXP's ability to expand its portfolio and capitalize on market opportunities, affecting long-term growth potential.

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 leasing its industrial properties to tenants under long-term, net lease agreements. These leases typically require tenants to cover property expenses such as maintenance, taxes, and insurance, allowing LXP to collect a significant portion of the rent as profit. The company's revenue model is bolstered by its focus on high-quality properties in strategic locations, which attract stable, creditworthy tenants. Additionally, LXP may realize earnings through property dispositions or acquisitions, capitalizing on favorable market conditions. Strategic partnerships with real estate brokers and investment firms can also enhance LXP's ability to identify and secure lucrative property deals, contributing further to its revenue streams.

LXP Industrial Trust Financial Statement Overview

Summary

Solid fundamentals supported by strong TTM revenue growth (36.7%), improved gross margin (41.9%) and net margin (32.2%), and robust cash conversion (FCF to net income 0.89). Balance sheet is stable with moderate leverage (debt-to-equity 0.73), though debt levels and operating margin pressure (slightly lower EBIT margin) remain key watch items.

Income Statement

LXP Industrial Trust shows a strong income statement with a notable TTM revenue growth rate of 36.7%, indicating robust top-line expansion. The gross profit margin improved significantly to 41.9% in TTM, reflecting enhanced operational efficiency. The net profit margin also increased to 32.2%, showcasing improved profitability. However, the EBIT margin slightly decreased compared to the previous year, suggesting some pressure on operating income.

Balance Sheet

The balance sheet of LXP Industrial Trust is stable, with a debt-to-equity ratio of 0.73 in TTM, indicating moderate leverage. The return on equity improved to 5.7%, reflecting better utilization of equity. The equity ratio stands at 55.6%, suggesting a solid equity base. However, the company should monitor its debt levels to maintain financial flexibility.

Cash Flow

LXP Industrial Trust's cash flow statement is strong, with a free cash flow growth rate of 2.08% in TTM, indicating positive cash generation. The operating cash flow to net income ratio is robust at 48.65, showing efficient cash conversion. The free cash flow to net income ratio of 0.89 suggests that a significant portion of earnings is converted into free cash flow, supporting financial stability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	364.33M	358.46M	340.50M	321.25M	344.00M	330.45M
Gross Profit	152.66M	105.08M	98.58M	85.81M	119.54M	288.53M
EBITDA	304.33M	257.96M	272.32M	227.57M	260.79M	260.83M
Net Income	117.33M	44.53M	30.38M	113.78M	382.65M	183.30M
Balance Sheet
Total Assets	3.71B	3.84B	4.19B	4.05B	4.01B	3.49B
Cash, Cash Equivalents and Short-Term Investments	229.74M	101.84M	329.39M	54.39M	190.93M	178.79M
Total Debt	1.40B	1.46B	1.66B	1.39B	1.40B	1.25B
Total Liabilities	1.64B	1.72B	1.93B	1.66B	1.68B	1.50B
Stockholders Equity	2.06B	2.10B	2.23B	2.35B	2.29B	1.97B
Cash Flow
Free Cash Flow	195.22M	193.41M	191.51M	161.71M	205.14M	184.59M
Operating Cash Flow	219.90M	211.19M	209.45M	194.27M	220.35M	201.84M
Investing Cash Flow	220.08M	86.40M	-183.45M	-236.92M	-337.76M	-494.35M
Financing Cash Flow	-265.19M	-394.98M	118.96M	-93.87M	129.10M	342.63M

LXP Industrial Trust Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 49.69
• 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 49.69 is below the 20-day moving average (MA) of 49.85, above the 50-day MA of 49.44, and above the 200-day MA of 44.39, indicating a neutral trend. The MACD of -0.09 indicates Positive momentum. The RSI at 50.51 is Neutral, neither overbought nor oversold. The STOCH value of 49.97 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
STAG	75 Outperform	$7.00B	28.98	7.17%	4.02%	9.62%	31.08%
LXP	74 Outperform	$2.93B	26.15	5.62%	5.33%	6.98%	465.32%
TRNO	74 Outperform	$6.36B	19.62	8.38%	3.38%	21.13%	74.37%
REXR	74 Outperform	$9.44B	28.57	4.03%	4.30%	10.27%	15.25%
FR	71 Outperform	$7.92B	32.46	8.97%	2.98%	9.66%	-23.17%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%

LXP Industrial Trust Corporate Events

LXP Industrial Trust Expands Credit Facility, Refinances Term Loan

On January 13–14, 2026, LXP Industrial Trust closed a $600 million senior unsecured revolving credit facility that amends and restates its prior revolver, extending the maturity to January 31, 2030 with extension options while lowering the interest margin to SOFR plus 77.5 basis points and reducing the facility fee to 15 basis points. The company also refinanced its $250 million unsecured term loan with an initial maturity of January 31, 2029 and two one-year extension options, cutting pricing to SOFR plus 85 basis points; management said the transactions extend LXP’s debt maturity profile, reduce interest costs and strengthen its balance sheet following 2025 leverage reduction and a recent S&P Global Ratings outlook revision to positive, enhancing financial flexibility for the industrial REIT and its stakeholders.

The most recent analyst rating on (LXP) stock is a Buy with a $62.00 price target. To see the full list of analyst forecasts on LXP Industrial Trust stock, see the LXP Stock Forecast page.

LXP Industrial Trust Announces Reverse Stock Split

LXP Industrial Trust announced a reverse stock split at a ratio of 1-for-5, effective November 10, 2025, with trading on a split-adjusted basis beginning November 11, 2025. The third quarter of 2025 saw LXP report a net income of $34.6 million, a 20% premium sale of two development projects, and a dividend increase of 3.7%. The company also reduced its net debt to Adjusted EBITDA to 5.2x and completed significant leasing activities, positioning itself well for future growth.

The most recent analyst rating on (LXP) stock is a Buy with a $11.50 price target. To see the full list of analyst forecasts on LXP Industrial Trust stock, see the LXP Stock Forecast page.