LXP Industrial Trust (LXP) Stock
LXP Industrial Trust, identified by its NYSE ticker LXP, functions as a publicly traded real estate investment trust (REIT). Its core holdings encompass a nationwide portfolio of industrial properties, primarily consisting of equity stakes in single-tenant assets under net-lease agreements.
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About LXP Industrial Trust
LXP Industrial Trust, identified by its NYSE ticker LXP, functions as a publicly traded real estate investment trust (REIT). Its core holdings encompass a nationwide portfolio of industrial properties, primarily consisting of equity stakes in single-tenant assets under net-lease agreements. The trust is actively engaged in expanding its industrial property footprint through a variety of strategies, including custom build-to-suit developments, sale-leaseback arrangements, and direct acquisitions.
LXP Industrial Trust is headquartered in US.
LXP Industrial Trust (LXP) stock trades at $56.05 with a market capitalization of $3.30B. The stock is valued at a price-to-earnings (P/E) ratio of 37.37, price-to-book of 1.64, price-to-sales of 9.51. Over the past 52 weeks the stock has ranged between $38.20 and $56.93, and currently trades 1.5% below its 52-week high. It pays a dividend yielding 5.00%.
On profitability, LXP Industrial Trust generates a return on equity (ROE) of 4.61%, return on capital employed of 1.50%, an operating margin of 14.48%, a net profit margin of 27.02%.
Official website: www.lxp.com