LXP Industrial Trust with ticker code (LXP) now have 4 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The target price High/Low ranges between 13 and 10 with the average target price sitting at $11.50. Given that the stocks previous close was at $9.86 this is indicating there is a potential upside of 16.6%. The 50 day MA is $10.84 and the 200 day MA is $10.41. The market capitalization for the company is $2,787m. Find out more information at: https://www.lxp.com
The potential market cap would be $3,251m based on the market consensus.
Lexington Realty Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) that owns a portfolio of real estate assets consisting primarily of equity investments in single-tenant net-leased industrial properties across the United States. Lexington seeks to expand its industrial portfolio through build-to-suit transactions, sale-leaseback transactions and other transactions, including acquisitions.
The company has a dividend yield of 5.06% with the ex dividend date set at 30-3-2023 (DMY).
Other points of data to note are a P/E ratio of 25.68, revenue per share of 1.15 and a 0.73% return on assets.
