LXP Industrial Trust (LXP-PC) Stock
Lexington Realty Trust (NYSE: LXP) operates as a publicly listed real estate investment trust (REIT), managing a portfolio predominantly composed of equity stakes in industrial properties. These assets are primarily net-leased to single tenants and are located across the United States.
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About LXP Industrial Trust
Lexington Realty Trust (NYSE: LXP) operates as a publicly listed real estate investment trust (REIT), managing a portfolio predominantly composed of equity stakes in industrial properties. These assets are primarily net-leased to single tenants and are located across the United States. The company endeavors to grow its industrial property holdings through build-to-suit developments, sale-leaseback arrangements, and various other transactions, including direct purchases.
LXP Industrial Trust is headquartered in US.
LXP Industrial Trust (LXP-PC) stock trades at $46.59 with a market capitalization of $3.26B. The stock is valued at a price-to-earnings (P/E) ratio of 38.15, price-to-book of 1.67, price-to-sales of 9.71. Over the past 52 weeks the stock has ranged between $44.41 and $48.43, and currently trades 3.8% below its 52-week high. It pays a dividend yielding 6.98%.
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