LXP Industrial Trust (NYSE:LXP) shares traded 0.73% higher at $8.33 on Wall Street last session.
LXP stock price is now 1.19% away from the 50-day moving average and -7.19% away from the 200-day moving average. The market capitalization of the company currently stands at $2.46B.
With the price target of $11, Exane BNP Paribas recently initiated with Outperform rating for LXP Industrial Trust (NYSE: LXP). On May 15, 2023, KeyBanc Capital Markets Upgraded its previous ‘Sector Weight’ rating to ‘Overweight’ on the stock keeping its target price maintained at $12, while ‘JMP Securities’ rates the stock as ‘Mkt Outperform’
In other news, Gupta Arun, Director bought 15,000 shares of the company’s stock on Jun 12 ’24. The stock was bought for $134,250 at an average price of $8.95. Upon completion of the transaction, the Director now directly owns 65,474 shares in the company, valued at $0.55 million. A total of 2.60% of the company’s stock is owned by insiders.
During the past 12 months, LXP Industrial Trust has had a low of $6.85 and a high of $10.56. According to the stock market information, the enterprise value for the company is $4044448768, which is based on a 42.57 price-to-earnings ratio, a 11.73 price-to-earnings-growth ratio, and a beta of 1.07. The fifty day moving average price for LXP is $8.2318 and a two-hundred day moving average price translates $8.9756 for the stock.
The latest earnings results from LXP Industrial Trust (NYSE: LXP) was released for 2025-03-31. The net profit margin was 15.82% and return on equity was 2.98% for LXP. The company reported revenue of $88.86 million for the quarter, compared to $86.25 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.03 percent.
