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Lxp Industrial Trust  (LXP)
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Price: $8.9500 $-0.03 -0.334%
Day's High: $9.015 Week Perf: -1.86 %
Day's Low: $ 8.90 30 Day Perf: 2.29 %
Volume (M): 2,157 52 Wk High: $ 10.75
Volume (M$): $ 19,302 52 Wk Avg: $9.41
Open: $8.95 52 Wk Low: $7.75



 Market Capitalization (Millions $) 2,670
 Shares Outstanding (Millions) 298
 Employees 177
 Revenues (TTM) (Millions $) 341
 Net Income (TTM) (Millions $) 25
 Cash Flow (TTM) (Millions $) 145
 Capital Exp. (TTM) (Millions $) 154

Lxp Industrial Trust
LXP Industrial Trust is a real estate investment trust (REIT) that is focused on owning and managing industrial properties across the United States. The company was established in 2013 and is headquartered in New York City.

LXP Industrial Trust's primary goal is to provide its shareholders with consistent and growing income through its portfolio of industrial properties. The trust's management team is focused on acquiring and managing a diverse mix of industrial properties, including distribution centers, warehouses, and light industrial facilities in key logistic and distribution hubs across the country.

The trust's portfolio includes more than 200 properties located in 32 states and Puerto Rico, with a total rentable area of approximately 39 million square feet. The trust's tenants are primarily made up of leading national and international corporations, with top tenants including FedEx, UPS, Amazon, and Walmart.

LXP Industrial Trust has a strategy of acquiring high-quality properties that are well located in high-demand industrial markets. As a result, the trust has a strong track record of delivering stable returns to its shareholders. In addition to acquiring new properties, the trust actively manages its existing portfolio to optimize occupancy rates and rental income.

The trust operates under a master lease agreement, which provides stability and predictability in its rental income. The trust's portfolio is managed by a team of experienced real estate professionals, who are focused on identifying and capitalizing on opportunities to increase rental income and enhance the value of the trust's properties.

In terms of financial performance, LXP Industrial Trust has a strong balance sheet, with a debt to enterprise value ratio of around 30%. The trust also has a history of solid dividend payments, with a current yield of approximately5%.

Overall, LXP Industrial Trust is an established, well-managed REIT with a strong track record of delivering consistent and growing income to its shareholders. Its focus on high-quality, well-located industrial properties and its experienced management team make it an attractive investment opportunity for those looking to invest in the industrial real estate market.


   Company Address: One Penn Plaza New York 10119 NY
   Company Phone Number: 692-7200   Stock Exchange / Ticker: NYSE LXP
   


   

Stock Performances by Major Competitors

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Dividend

LXP Industrial Trust Declares Regular Dividend, Showcasing Strong Performance in Single-Tenant Industrial Real Estate Sector

Published Mon, Mar 18 2024 8:15 PM UTC


WEST PALM BEACH, Fla. ?? LXP Industrial Trust (LXP), a leading real estate investment trust (REIT) specializing in single-tenant industrial real estate investments, has recently announced its regular common share dividend for the first quarter of 2024. The declared dividend of $0.13 per common share highlights the company's commitment to shareholder value and its robust...

Lxp Industrial Trust

Transformation in Q4 2023: Despite Revenue Surge, Lxp Industrial Trust Faces Earnings Downturn

LXP Industrial Trust (LXP) released its financial report for the fourth quarter of 2023, and despite a revenue rise of 2.283%, the company experienced a significant income reduction of -68.19% compared to the same period last year. In terms of figures, the revenue stood at $82.96 million, with an EPS of $0.04.
While the revenue growth for LXP Industrial Trust lagged behind its Real Estate Investment Trusts (REITs) sector peers, it still saw an 8.45% increase in revenue compared to the fourth quarter of 2022. Additionally, when compared to the previous reporting season, the company improved its income by 6.72% per share, but experienced a decrease in revenue by -2.887%.

Dividend

LXP Industrial Trust Shares Take Hit as Company Announces 2023 Dividend Allocations amidst 5.65% Year-to-Date Stock Fall

Published Thu, Jan 18 2024 9:15 PM UTC


Following the announcement of LXP Industrial Trust's dividend income allocations for 2023, the company?s stock appeared to stumble. The real estate investment trust (REIT), focused on single-tenant industrial real estate investments, detailed its final assessments for common and preferred shares, which are set to be reported on Form 1099-DIV.
Over the course of the ...

Dividend

Steadfast Growth: [Company Name] Authorizes 4% Dividend Increase to Support Shareholders amid Turbulent Times.

Published Tue, Oct 31 2023 10:00 AM UTC

Board Authorizes 4% Dividend Increase: Providing Stability and Growth in Uncertain Times
In an announcement made today, the Board of Directors of [Company Name] has authorized a 4% increase in dividends for its shareholders. This decision reflects the company's commitment to enhancing shareholder value and its confidence in its ability to generate sustainable growth, eve...

Lxp Industrial Trust

LXP Industrial Trust Blazes Ahead with Impressive Third Quarter 2023 Earnings Performance

The Real Estate Investment Trusts (REITs) company has recently announced its third-quarter earnings for 2023, and the numbers have shown an interesting trend. While the revenue has increased by 6.66% compared to the same period last year, the earnings per share have plummeted by 50% to $0.04 per share.
LXP Industrial Trust, the company in focus, has shown faster growth compared to its peers in the REITs industry. In the third quarter of 2023, LXP Industrial Trust reported a 6.49% increase in business compared to the previous year. However, the revenue decreased by 1.87% from the prior period, and earnings per share turned positive from -$0.03 per share.






 

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Earnings Outlook
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