AI Spotlight on LXP
Company Description
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.
Market Data
Last Price | 8.32 |
Change Percentage | -1.42% |
Open | 8.41 |
Previous Close | 8.44 |
Market Cap ( Millions) | 2450 |
Volume | 2465949 |
Year High | 10.57 |
Year Low | 7.65 |
M A 50 | 8.67 |
M A 200 | 9.25 |
Financial Ratios
FCF Yield | 7.36% |
Dividend Yield | 6.31% |
ROE | 1.20% |
Debt / Equity | 69.50% |
Net Debt / EBIDTA | 779.83% |
Price To Book | 1.16 |
Price Earnings Ratio | 93.24 |
Price To FCF | 13.59 |
Price To sales | 7.19 |
EV / EBITDA | 21.4 |
News
- Jan -21 - LXP Industrial Trust Announces Final 2024 Dividend Allocation
- Jan -15 - LXP Industrial Trust to Report Fourth Quarter 2024 Results and Host Conference Call February 13, 2025
- Jan -02 - LXP Industrial: Hidden Gem For Dividend Hunters And Long-Term Growth
- Jan -02 - LXP Industrial: Great Assets, Great Dividend, But No Growth
- Dec -07 - Sector Spotlight: Industrial REITs - Still A Real Estate Darling?
- Nov -06 - LXP Industrial Trust (LXP) Q3 2024 Earnings Call Transcript
- Nov -06 - LXP Industrial Trust Reports Third Quarter 2024 Results
- Oct -08 - LXP Industrial Trust to Report Third Quarter 2024 Results and Host Conference Call November 6, 2024
- Oct -01 - LXP Industrial: Attractive Dividend Yield, Upside Potential In A Lower Rate Environment
- Jul -31 - LXP Industrial Trust (LXP) Q2 2024 Earnings Call Transcript
- Jul -31 - LXP Industrial (LXP) Matches Q2 FFO Estimates
- Jul -31 - LXP Industrial Trust Reports Second Quarter 2024 Results
- Jul -09 - LXP Industrial: Dividend Bargain Flying Under The Radar
- Jun -27 - LXP Industrial Trust to Report Second Quarter 2024 Results and Host Conference Call July 31, 2024
- Jun -18 - Wall Street Favorites: 3 REITs With Strong Buy Ratings for June 2024
- Jun -17 - LXP Industrial Trust Announces Quarterly Common Share Dividend
- May -30 - LXP Industrial Trust Announces Beth Boulerice to Step Down as Chief Financial Officer and be Succeeded by Nathan Brunner
- May -02 - CORRECTION: LXP Industrial Trust Reports First Quarter 2024 Results
- May -02 - LXP Industrial Trust Reports First Quarter 2024 Results
- Apr -12 - LXP Industrial Trust to Report First Quarter 2024 Results andΒ Host Conference Call May 2, 2024
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Rental
Expected Growth : 8.5 %
What the company do ?
Rental from LXP Industrial Trust refers to the income generated from leasing industrial properties owned by LXP Industrial Trust, a real estate investment trust.
Why we expect these perspectives ?
Rental growth of 8.5% driven by strong demand for industrial space, particularly in last-mile logistics and e-commerce fulfillment centers. LXP Industrial Trust's strategic portfolio repositioning, expansion into high-growth markets, and proactive lease renewal efforts also contribute to the growth.
Segment nΒ°2 -> Other
Expected Growth : 7.5 %
What the company do ?
The 'Other' segment from LXP Industrial Trust refers to non-core assets, including land, development projects, and non-operational properties.
Why we expect these perspectives ?
LXP Industrial Trust's 7.5% growth is driven by increasing demand for logistics and e-commerce facilities, strategic acquisitions, and a strong balance sheet enabling debt-funded growth. Additionally, the trust's focus on high-quality, modern industrial assets and its ability to maintain high occupancy rates contribute to its growth momentum.
Lxp Industrial Trust Products
Product Range | What is it ? |
---|---|
Light Industrial Properties | LXP Industrial Trust's light industrial properties are designed to provide flexible and efficient spaces for businesses, offering a range of amenities and services to support their operations. |
Bulk Industrial Properties | LXP Industrial Trust's bulk industrial properties offer large, functional spaces for businesses that require extensive storage and distribution capabilities. |
Cold Storage Facilities | LXP Industrial Trust's cold storage facilities are designed to provide temperature-controlled environments for the storage and distribution of perishable goods. |
Last-Mile Delivery Facilities | LXP Industrial Trust's last-mile delivery facilities are strategically located to provide fast and efficient delivery services to customers. |
Research and Development Facilities | LXP Industrial Trust's research and development facilities offer flexible and adaptable spaces for companies to innovate and develop new products and technologies. |
LXP Industrial Trust's Porter Forces
Threat Of Substitutes
The threat of substitutes for LXP Industrial Trust is moderate due to the availability of alternative industrial properties in the market.
Bargaining Power Of Customers
The bargaining power of customers for LXP Industrial Trust is low due to the fragmented nature of the customer base and the lack of concentration.
Bargaining Power Of Suppliers
The bargaining power of suppliers for LXP Industrial Trust is moderate due to the presence of multiple suppliers in the market, but the company's scale and negotiating power.
Threat Of New Entrants
The threat of new entrants for LXP Industrial Trust is high due to the relatively low barriers to entry in the industrial property market.
Intensity Of Rivalry
The intensity of rivalry for LXP Industrial Trust is high due to the competitive nature of the industrial property market and the presence of several established players.
Capital Structure
Value | |
---|---|
Debt Weight | 43.44% |
Debt Cost | 3.95% |
Equity Weight | 56.56% |
Equity Cost | 8.10% |
WACC | 6.30% |
Leverage | 76.80% |
LXP Industrial Trust : Quality Control
LXP Industrial Trust passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
---|---|
TRNO | Terreno Realty Corporation and together with its subsidiaries, the ΒCompanyΒ) acquires, owns and operates industrial real estate in six major coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, β¦ |
FR | First Industrial Realty Trust, Inc. (NYSE: FR) is a leading fully integrated owner, operator, and developer of industrial real estate with a track record of providing industry-leading customer service to β¦ |
STAG | STAG Industrial, Inc. (NYSE: STAG) is a real estate investment trust focused on the acquisition and operation of single-tenant, industrial properties throughout the United States. By targeting this type of β¦ |
EGP | EastGroup Properties, Inc. (NYSE: EGP), an S&P MidCap 400 company, is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major β¦ |
REXR | Rexford Industrial, a real estate investment trust focused on owning and operating industrial properties throughout Southern California infill markets, owns 232 properties with approximately 27.9 million rentable square feet and β¦ |