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LXP Industrial Trust (LXP.PC) stock analysis

LXP.PCNYSEReal Estate Investment TrustsFiscal year ends December 31Also trades as LXP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 27, 2026Score 4/3052% above fair value
$50.32+0.05 (+0.09%)

Close on Oct 30, 2026Market cap $2.97BP/E 50.3Yield 5.42%

StockData Score

Prices as of Oct 30, 2026How the score works

Value0Growth1Performance1Health0Dividend2

Weak4 of 30 checks passed

LXP Industrial Trust passes 4 of the 30 checks behind our score; 7 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.

Valuation
0/6
Growth
1/6
Past performance
1/6
Financial health
0/6
Dividend
2/6

What stands out

  • Guidance raised

    LXP Industrial Trust raised its year ended December 31, 2026 net income attributable to common shareholders outlook on Apr 29, 2026.

  • Dividend not cut

    The dividend per share has not fallen by more than 10% in any of the last 6 fiscal years.

  • Net margin above the industry

    LXP Industrial Trust's net margin of 18.7% is above the Miscellaneous Investing median of 11.4%.

  • Pays a dividend

    LXP Industrial Trust paid dividends worth 3.4% of the share price over the last twelve months.

What to watch

  • Margin of safety under 20%

    The price is 52.0% above fair value, so there is no margin of safety.

  • Trading above fair value

    The share price of $61.18 is above our fair value estimate of $40.25.

  • Return on equity under 15%

    Return on equity was 3.2% over the last twelve months and averaged 6.3% over five years; we look for 15% on both.

  • Earnings shrank over 5 years

    Net income shrank 9.2% a year on average over the last five fiscal years.

Valuation0/6
  • P/E above its 5-year median

    LXP Industrial Trust's P/E of 61.2 is above its own 5-year median of 33.9.

  • P/E above the industry

    LXP Industrial Trust's P/E of 61.2 is above the Miscellaneous Investing median of 25.0.

  • EV/EBITDA above its 5-year median

    LXP Industrial Trust's EV/EBITDA of 10.9 is above its 5-year median of 8.3.

  • P/B above the industry

    LXP Industrial Trust's price-to-book of 1.85 is above the Miscellaneous Investing median of 1.20.

  • Trading above fair value

    The share price of $61.18 is above our fair value estimate of $40.25.

  • Margin of safety under 20%

    The price is 52.0% above fair value, so there is no margin of safety.

Growth1/6
  • Revenue growing under 10% a year

    Revenue grew 2.9% a year over the last three fiscal years, short of the 10% we look for.

  • EPS growing under 10% a year

    Diluted EPS grew -1.4% a year over the last three fiscal years.

  • Earnings growth not accelerating

    Net income grew -25.9% over the last twelve months, against a 5-year average of -9.2% a year.

  • Growing slower than the industry

    Revenue grew -4.2% over the last twelve months; the Miscellaneous Investing median is 4.4%.

  • Guidance raised

    LXP Industrial Trust raised its year ended December 31, 2026 net income attributable to common shareholders outlook on Apr 29, 2026.

  • Gross margin slipping

    Gross margin was 81.5% over the last twelve months, against 82.7% a year earlier.

Past performance1/6
  • Return on equity under 15%

    Return on equity was 3.2% over the last twelve months and averaged 6.3% over five years; we look for 15% on both.

  • Return on invested capital

    Needs operating income and invested capital.

  • Return on equity below the industry

    LXP Industrial Trust's return on equity of 3.2% is below the Miscellaneous Investing median of 3.4%.

  • Earnings shrank over 5 years

    Net income shrank 9.2% a year on average over the last five fiscal years.

  • Net margin below its 5-year average

    Net margin was 18.7% over the last twelve months, against a 5-year average of 40.1%.

  • Net margin above the industry

    LXP Industrial Trust's net margin of 18.7% is above the Miscellaneous Investing median of 11.4%.

Financial health0/6
  • Debt level

    Needs debt and equity figures.

  • Debt trend

    Needs a balance sheet from five years ago with positive equity.

  • Debt coverage

    Needs operating cash flow.

  • Interest coverage

    Interest expense is not reported separately.

  • Short-term liquidity

    The balance sheet is not split into current and non-current items.

  • Elevated bankruptcy risk

    The Altman Z-score is 1.54; above 3 is the safe zone and below 1.8 the distress zone.

Dividend2/6
  • Pays a dividend

    LXP Industrial Trust paid dividends worth 3.4% of the share price over the last twelve months.

  • Yield below Treasuries

    The 3.4% yield is below the 4.4% on a 1-year Treasury.

  • Yield below the top quarter

    The top quarter of US dividend payers yield 4.0% or more; LXP Industrial Trust yields 3.4%.

  • Dividend not cut

    The dividend per share has not fallen by more than 10% in any of the last 6 fiscal years.

  • Not covered by earnings

    Dividends take 258% of net income, leaving little room.

  • Cash-flow cover

    Needs dividends paid and free cash flow.

Scores of similar companies

Our estimate per share

$40.25

The share price is 52% above this estimate.

20%+ below
Near fair value
20%+ above
$61.18Price$40.25Fair value
MethodMultiple usedOwn 5Y medianIndustry medianValue per shareWeight
P/E29.5×33.9×25.0×$29.4640%
EV/EBITDA9.4×8.3×10.5×$52.7235%
P/B1.3×1.3×1.2×$41.4310%
Earnings power8.8% cost of equity––$39.1315%
Fair value$40.25100%

Valuation over time

Using the earnings and balance sheet published at each date, not today's.

  • P/E at month end
  • Own 5-year median 33.9
  • Miscellaneous Investing median 25.0

An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.

Market risk

From the past year of daily prices.

Liquidity

Low risk

Average value traded per day
$72.15M
Value traded per 1% price move
$413.11M

Downside

Low risk

Typical loss in a bad month
6.9%
Volatility (annualized)
20%
Sharpe ratio, 1 year
1.20
Beta to the S&P 500 (5Y)
0.76

Typical bad-month loss, week by week

25%: high

Margins

Share of revenue, fiscal years 2011 to 2025

Gross margin

81.6%

Net margin

32.3%−23.2 pts over 5 years