LXP Industrial Trust Key Executives
This section highlights LXP Industrial Trust's key executives, including their titles and compensation details.
Find Contacts at LXP Industrial Trust
(Showing 0 of )
LXP Industrial Trust Earnings
This section highlights LXP Industrial Trust's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q4 | 2024 | 2025-02-13 | $-0.02 | $0.16 |
| Read Transcript | Q3 | 2024 | 2024-11-06 | $0.16 | $0.16 |
| Read Transcript | Q2 | 2024 | 2024-07-31 | $0.16 | $0.16 |
| Read Transcript | Q1 | 2024 | 2024-05-02 | $0.16 | $0.16 |
| Read Transcript | Q4 | 2023 | 2024-02-15 | $0.17 | $0.17 |
| Read Transcript | Q3 | 2023 | 2023-10-31 | $0.18 | $0.18 |
| Read Transcript | Q2 | 2023 | 2023-08-02 | $0.17 | $0.18 |
| Read Transcript | Q1 | 2023 | 2023-05-03 | $0.17 | $0.17 |
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.
$8.86
Stock Price
$2.62B
Market Cap
59
Employees
New York, NY
Location
Financial Statements
Access annual & quarterly financial statements for LXP Industrial Trust, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $358.46M | $340.50M | $321.25M | $344.00M | $330.45M |
| Cost of Revenue | $253.38M | $241.92M | $235.44M | $224.46M | $203.51M |
| Gross Profit | $105.08M | $98.58M | $85.81M | $119.54M | $126.94M |
| Gross Profit Ratio | 29.32% | 29.00% | 26.71% | 34.70% | 38.42% |
| Research and Development Expenses | $- | $- | $0 | $1 | $1 |
| General and Administrative Expenses | $40.05M | $36.33M | $38.71M | $35.46M | $30.37M |
| Selling and Marketing Expenses | $- | $- | $47.06M | $- | $- |
| Selling General and Administrative Expenses | $40.05M | $36.33M | $38.71M | $35.46M | $30.37M |
| Other Expenses | $65.04M | $- | $93.00K | $1.36M | $743.00K |
| Operating Expenses | $105.08M | $36.30M | $38.81M | $35.46M | $30.37M |
| Cost and Expenses | $358.46M | $278.22M | $274.24M | $259.92M | $233.88M |
| Interest Income | $- | $- | $45.42M | $46.71M | $55.20M |
| Interest Expense | $66.48M | $46.39M | $45.42M | $46.71M | $55.20M |
| Depreciation and Amortization | $-192.86M | $183.52M | $274.24M | $259.92M | $233.88M |
| EBITDA | $-221.29M | $245.81M | $227.57M | $85.44M | $258.16M |
| EBITDA Ratio | -61.73% | 72.19% | 14.92% | 24.84% | 29.45% |
| Operating Income | $7.71M | $62.28M | $-139.46M | $-97.81M | $-70.71M |
| Operating Income Ratio | 2.15% | 18.29% | -43.41% | -28.43% | -21.40% |
| Total Other Income Expenses Net | $38.18M | $-27.02M | $100.40M | $302.50M | $-70.02M |
| Income Before Tax | $45.89M | $35.26M | $101.34M | $386.57M | $188.14M |
| Income Before Tax Ratio | 12.80% | 10.36% | 31.55% | 112.38% | 56.94% |
| Income Tax Expense | $127.00K | $703.00K | $1.10M | $1.29M | $1.58M |
| Net Income | $37.92M | $30.38M | $113.78M | $382.65M | $183.30M |
| Net Income Ratio | 10.58% | 8.92% | 35.42% | 111.24% | 55.47% |
| EPS | $0.13 | $0.08 | $0.38 | $1.35 | $0.66 |
| EPS Diluted | $0.13 | $0.08 | $0.38 | $1.34 | $0.66 |
| Weighted Average Shares Outstanding | 291.47M | 290.25M | 279.89M | 277.64M | 266.91M |
| Weighted Average Shares Outstanding Diluted | 291.56M | 291.19M | 282.47M | 287.37M | 268.18M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $100.85M | $85.57M | $85.79M | $86.25M | $82.96M | $85.42M | $87.05M | $85.08M | $81.10M | $80.09M | $79.78M | $80.28M | $86.48M | $83.42M | $81.54M | $92.56M | $83.31M | $84.51M | $81.79M | $80.83M |
| Cost of Revenue | $63.45M | $63.40M | $63.83M | $62.70M | $58.93M | $60.26M | $61.74M | $60.98M | $58.57M | $58.91M | $58.90M | $59.12M | $59.91M | $56.77M | $54.67M | $53.11M | $50.74M | $51.90M | $50.08M | $50.78M |
| Gross Profit | $37.40M | $22.17M | $21.96M | $23.55M | $24.02M | $25.16M | $25.31M | $24.09M | $22.54M | $21.18M | $20.88M | $21.16M | $26.57M | $26.65M | $26.87M | $39.45M | $32.57M | $32.62M | $31.71M | $30.04M |
| Gross Profit Ratio | 37.08% | 25.90% | 25.60% | 27.30% | 29.00% | 29.50% | 29.10% | 28.30% | 27.80% | 26.40% | 26.20% | 26.40% | 30.70% | 32.00% | 33.00% | 42.60% | 39.10% | 38.59% | 38.77% | 37.17% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $10.31M | $10.99M | $9.25M | $9.49M | $9.47M | $8.61M | $9.01M | $9.24M | $9.62M | $9.06M | $9.30M | $10.74M | $10.76M | $8.36M | $7.91M | $8.42M | $7.76M | $7.23M | $7.55M | $7.83M |
| Selling and Marketing Expenses | $- | $- | $14.00K | $- | $- | $- | $- | $- | $37.74M | $- | $9.31M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $10.31M | $10.99M | $9.25M | $9.49M | $9.47M | $8.61M | $9.01M | $9.24M | $9.62M | $9.06M | $9.30M | $10.74M | $10.76M | $8.36M | $7.91M | $8.42M | $7.76M | $7.23M | $7.55M | $7.83M |
| Other Expenses | $27.09M | $- | $2.73M | $-9.49M | $2.25M | $394.00K | $143.00K | $79.00K | $93.00K | $242.00K | $79.00K | $32.00K | $411.00K | $472.00K | $4.00K | $477.00K | $429.00K | $40.00K | $84.00K | $190.00K |
| Operating Expenses | $37.40M | $22.17M | $9.26M | $9.49M | $9.46M | $8.62M | $8.90M | $9.32M | $9.71M | $9.06M | $9.30M | $10.74M | $10.76M | $8.36M | $7.91M | $8.42M | $7.76M | $7.23M | $7.55M | $7.83M |
| Cost and Expenses | $100.85M | $74.43M | $73.09M | $72.19M | $68.40M | $68.88M | $70.64M | $70.31M | $68.28M | $67.97M | $68.19M | $69.86M | $70.68M | $65.13M | $62.58M | $61.53M | $58.50M | $59.13M | $57.64M | $58.61M |
| Interest Income | $- | $- | $- | $- | $- | $10.96M | $10.14M | $11.39M | $12.66M | $11.26M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Interest Expense | $15.85M | $16.04M | $17.60M | $16.98M | $13.89M | $10.96M | $10.14M | $11.39M | $12.66M | $11.26M | $10.82M | $10.68M | $11.54M | $12.21M | $11.47M | $11.49M | $12.59M | $13.65M | $14.17M | $14.79M |
| Depreciation and Amortization | $-33.29M | $22.19M | $48.35M | $47.51M | $46.22M | $45.57M | $45.99M | $45.74M | $45.92M | $44.95M | $45.19M | $44.51M | $46.13M | $45.36M | $43.04M | $42.18M | $42.25M | $39.42M | $38.65M | $39.42M |
| EBITDA | $-32.73M | $22.83M | $61.04M | $61.58M | $34.65M | $24.09M | $62.41M | $14.96M | $52.59M | $36.46M | $47.00M | $10.71M | $274.56M | $19.61M | $85.69M | $53.42M | $118.24M | $57.68M | $33.82M | $33.60M |
| EBITDA Ratio | -32.45% | 26.68% | 71.16% | 71.39% | 20.26% | 19.83% | 19.02% | 17.59% | 16.53% | 15.44% | 14.62% | 13.02% | 18.75% | 22.49% | 23.26% | 34.04% | 30.30% | 30.08% | 29.64% | 27.72% |
| Operating Income | $562.00K | $11.14M | $12.70M | $14.07M | $-74.67M | $394.00K | $16.55M | $60.70M | $-144.15M | $20.78M | $17.25M | $-33.40M | $274.13M | $18.29M | $18.96M | $31.03M | $24.81M | $25.38M | $24.16M | $22.22M |
| Operating Income Ratio | 0.56% | 13.02% | 14.80% | 16.31% | -90.01% | 0.46% | 19.02% | 71.35% | -177.73% | 25.95% | 21.62% | -41.60% | 316.99% | 21.92% | 23.25% | 33.52% | 29.78% | 30.04% | 29.53% | 27.49% |
| Total Other Income Expenses Net | $31.79M | $-4.34M | $-6.81M | $-13.21M | $6.21M | $-3.42M | $-22.97M | $-6.84M | $43.62M | $13.08M | $18.93M | $-10.39M | $247.22M | $-10.89M | $55.26M | $10.91M | $80.83M | $18.65M | $-4.51M | $-3.41M |
| Income Before Tax | $32.35M | $6.79M | $5.89M | $851.00K | $20.76M | $13.13M | $-6.56M | $7.93M | $39.93M | $25.20M | $36.18M | $24.00K | $263.02M | $7.40M | $74.22M | $41.94M | $105.65M | $44.03M | $19.65M | $18.81M |
| Income Before Tax Ratio | 32.08% | 7.94% | 6.86% | 0.99% | 25.03% | 15.37% | -7.53% | 9.32% | 49.23% | 31.47% | 45.36% | 0.03% | 304.13% | 8.87% | 91.02% | 45.31% | 126.81% | 52.10% | 24.02% | 23.27% |
| Income Tax Expense | $-356.00K | $21.00K | $83.00K | $125.00K | $57.00K | $220.00K | $210.00K | $216.00K | $151.00K | $271.00K | $263.00K | $417.00K | $307.00K | $270.00K | $344.00K | $372.00K | $223.00K | $286.00K | $422.00K | $653.00K |
| Net Income | $31.39M | $6.35M | $5.43M | $-359.00K | $14.60M | $12.66M | $-8.05M | $11.17M | $38.47M | $23.39M | $41.30M | $-393.00K | $262.29M | $6.64M | $72.68M | $41.04M | $104.38M | $41.90M | $18.87M | $18.15M |
| Net Income Ratio | 31.12% | 7.42% | 6.33% | -0.42% | 17.60% | 14.83% | -9.25% | 13.12% | 47.44% | 29.21% | 51.77% | -0.49% | 303.29% | 7.96% | 89.13% | 44.34% | 125.28% | 49.58% | 23.07% | 22.46% |
| EPS | $0.11 | $0.02 | $0.01 | $0.00 | $0.04 | $0.04 | $-0.03 | $0.03 | $0.13 | $0.08 | $0.15 | $0.00 | $0.93 | $0.02 | $0.26 | $0.14 | $0.37 | $0.15 | $0.07 | $0.07 |
| EPS Diluted | $0.11 | $0.02 | $0.01 | $0.00 | $0.04 | $0.04 | $-0.03 | $0.03 | $0.13 | $0.08 | $0.14 | $0.00 | $0.90 | $0.02 | $0.26 | $0.14 | $0.37 | $0.15 | $0.06 | $0.06 |
| Weighted Average Shares Outstanding | 291.67M | 291.53M | 291.40M | 291.29M | 290.42M | 290.29M | 290.19M | 290.08M | 274.93M | 277.54M | 283.57M | 283.64M | 281.38M | 278.12M | 275.57M | 275.42M | 274.97M | 274.70M | 264.79M | 253.04M |
| Weighted Average Shares Outstanding Diluted | 291.73M | 291.60M | 291.62M | 291.29M | 291.33M | 291.25M | 291.02M | 291.04M | 276.12M | 278.52M | 285.44M | 289.07M | 292.78M | 282.05M | 277.47M | 279.05M | 284.08M | 276.02M | 269.09M | 257.35M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $101.84M | $199.25M | $54.39M | $190.93M | $178.79M |
| Short Term Investments | $- | $130.14M | $58.21M | $- | $- |
| Cash and Short Term Investments | $101.84M | $329.39M | $54.39M | $190.93M | $178.79M |
| Net Receivables | $87.81M | $85.75M | $74.42M | $66.81M | $69.86M |
| Inventory | $- | $- | $-16.32M | $340.52M | $266.44M |
| Other Current Assets | $237.00K | $9.38M | $66.55M | $82.69M | $17.16M |
| Total Current Assets | $189.88M | $424.52M | $195.36M | $340.42M | $265.81M |
| Property Plant Equipment Net | $16.48M | $19.34M | $23.99M | $27.97M | $31.42M |
| Goodwill | $- | $- | $18.00K | $- | $- |
| Intangible Assets | $318.44M | $123.19M | $328.61M | $341.40M | $409.29M |
| Goodwill and Intangible Assets | $318.44M | $123.19M | $328.61M | $341.40M | $409.29M |
| Long Term Investments | $40.02M | $111.96M | $119.44M | $74.56M | $56.46M |
| Tax Assets | $- | $57.20M | $18.00K | $3.21B | $2.72B |
| Other Non-Current Assets | $3.28B | $3.57B | $3.39B | $8.78M | $8.33M |
| Total Non-Current Assets | $3.65B | $3.83B | $3.86B | $3.67B | $3.23B |
| Other Assets | $- | $-57.20M | $- | $- | $- |
| Total Assets | $3.84B | $4.19B | $4.05B | $4.01B | $3.49B |
| Account Payables | $57.05M | $57.98M | $74.26M | $71.35M | $37.24M |
| Short Term Debt | $- | $- | $- | $6.26M | $17.96M |
| Tax Payables | $- | $- | $- | $- | $- |
| Deferred Revenue | $6.75M | $26.87M | $26.67M | $29.19M | $30.60M |
| Other Current Liabilities | $71.60M | $51.41M | $-89.48M | $49.37M | $42.52M |
| Total Current Liabilities | $135.41M | $136.26M | $149.68M | $156.17M | $128.33M |
| Long Term Debt | $1.46B | $1.66B | $1.39B | $1.53B | $1.28B |
| Deferred Revenue Non-Current | $- | $- | $26.67M | $29.19M | $30.60M |
| Deferred Tax Liabilities Non-Current | $- | $- | $-26.67M | $-29.19M | $32.52M |
| Other Non-Current Liabilities | $127.89M | $127.79M | $154.36M | $- | $64.38M |
| Total Non-Current Liabilities | $1.59B | $1.79B | $1.51B | $1.53B | $1.37B |
| Other Liabilities | $- | $- | $- | $- | $- |
| Total Liabilities | $1.72B | $1.93B | $1.66B | $1.68B | $1.50B |
| Preferred Stock | $- | $94.02M | $94.02M | $94.02M | $94.02M |
| Common Stock | $29.00K | $29.00K | $29.00K | $28.00K | $28.00K |
| Retained Earnings | $-1.32B | $-1.20B | $-1.08B | $-1.05B | $-1.30B |
| Accumulated Other Comprehensive Income Loss | $6.14M | $9.48M | $17.69M | $-6.26M | $-17.96M |
| Other Total Stockholders Equity | $3.41B | $3.33B | $3.32B | $3.25B | $3.20B |
| Total Stockholders Equity | $2.10B | $2.23B | $2.35B | $2.29B | $1.97B |
| Total Equity | $2.12B | $2.27B | $2.39B | $2.32B | $1.99B |
| Total Liabilities and Stockholders Equity | $3.84B | $4.19B | $4.05B | $4.01B | $3.49B |
| Minority Interest | $22.49M | $33.37M | $38.27M | $32.37M | $20.47M |
| Total Liabilities and Total Equity | $3.84B | $4.19B | $4.05B | $4.01B | $3.49B |
| Total Investments | $40.02M | $242.10M | $177.65M | $74.56M | $56.46M |
| Total Debt | $1.46B | $1.66B | $1.39B | $1.40B | $1.25B |
| Net Debt | $1.36B | $1.46B | $1.33B | $1.21B | $1.07B |
Balance Sheet Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $101.84M | $54.97M | $48.90M | $163.44M | $199.25M | $35.42M | $23.16M | $42.92M | $54.39M | $29.41M | $49.82M | $49.06M | $190.93M | $150.08M | $196.38M | $142.07M | $178.79M | $287.92M | $67.04M | $83.53M |
| Short Term Investments | $- | $- | $6.13M | $130.55M | $130.14M | $13.84M | $15.27M | $13.13M | $58.21M | $55.41M | $59.13M | $73.58M | $74.56M | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $101.84M | $54.97M | $48.90M | $293.99M | $329.39M | $35.42M | $23.16M | $42.92M | $54.39M | $29.41M | $49.82M | $49.06M | $190.93M | $150.08M | $196.38M | $142.07M | $178.79M | $287.92M | $67.04M | $83.53M |
| Net Receivables | $87.81M | $86.28M | $87.73M | $87.59M | $85.75M | $85.30M | $81.59M | $78.53M | $74.42M | $71.84M | $70.01M | $70.80M | $66.81M | $73.31M | $69.36M | $69.63M | $69.86M | $68.69M | $72.10M | $70.85M |
| Inventory | $- | $- | $-6.13M | $-8.37M | $424.74M | $-13.84M | $-15.27M | $-13.13M | $-16.32M | $-16.59M | $-9.56M | $177.56M | $74.56M | $- | $1 | $1 | $- | $1 | $5.12M | $- |
| Other Current Assets | $237.00K | $114.97M | $16.20M | $25.34M | $9.38M | $11.90M | $49.77M | $44.41M | $66.55M | $73.87M | $114.66M | $106.76M | $82.69M | $30.52M | $21.00M | $46.48M | $17.16M | $160.91M | $26.61M | $14.41M |
| Total Current Assets | $189.88M | $256.21M | $152.61M | $406.70M | $424.52M | $132.62M | $154.52M | $165.86M | $195.36M | $175.13M | $234.48M | $226.62M | $340.42M | $253.91M | $286.74M | $258.19M | $265.81M | $517.52M | $171.58M | $168.78M |
| Property Plant Equipment Net | $16.48M | $16.10M | $17.25M | $18.28M | $19.34M | $20.39M | $21.94M | $22.97M | $23.99M | $24.99M | $25.99M | $26.98M | $27.97M | $29.07M | $30.01M | $30.50M | $31.42M | $36.03M | $37.09M | $37.20M |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $245.69M | $298.81M | $310.99M | $310.99M | $123.19M | $318.55M | $326.42M | $328.61M | $328.61M | $332.65M | $332.65M | $339.22M | $341.40M | $402.37M | $404.88M | $399.39M | $409.29M | $413.21M | $420.58M | $420.84M |
| Goodwill and Intangible Assets | $245.69M | $298.81M | $310.99M | $310.99M | $123.19M | $318.55M | $326.42M | $328.61M | $328.61M | $332.65M | $332.65M | $339.22M | $341.40M | $402.37M | $404.88M | $399.39M | $409.29M | $413.21M | $420.58M | $420.84M |
| Long Term Investments | $40.02M | $- | $111.78M | $47.01M | $111.96M | $115.24M | $113.01M | $114.25M | $119.44M | $55.41M | $87.14M | $73.58M | $74.56M | $51.02M | $54.06M | $54.19M | $56.46M | $56.49M | $56.04M | $57.21M |
| Tax Assets | $- | $- | $3.25B | $-131.85M | $3.50B | $3.31B | $3.32B | $- | $18.00K | $- | $- | $- | $3.21B | $3.01B | $2.87B | $2.74B | $2.72B | $2.59B | $2.70B | $2.60B |
| Other Non-Current Assets | $3.35B | $- | $40.02M | $3.51B | $17.79M | $32.58M | $27.56M | $3.37B | $3.39B | $3.42B | $3.37B | $3.32B | $8.78M | $12.66M | $13.59M | $10.66M | $8.33M | $7.70M | $11.32M | $12.59M |
| Total Non-Current Assets | $3.65B | $314.91M | $3.73B | $3.75B | $3.77B | $3.80B | $3.81B | $3.84B | $3.86B | $3.84B | $3.82B | $3.76B | $3.67B | $3.50B | $3.37B | $3.23B | $3.23B | $3.10B | $3.22B | $3.12B |
| Other Assets | $- | $3.28B | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $3.84B | $3.85B | $3.89B | $4.16B | $4.19B | $3.93B | $3.96B | $4.01B | $4.05B | $4.01B | $4.05B | $3.99B | $4.01B | $3.76B | $3.66B | $3.49B | $3.49B | $3.62B | $3.39B | $3.29B |
| Account Payables | $57.05M | $60.01M | $63.74M | $61.26M | $57.98M | $57.30M | $64.40M | $57.17M | $74.26M | $88.03M | $81.79M | $65.53M | $71.35M | $48.79M | $51.36M | $32.40M | $37.24M | $33.13M | $49.75M | $42.48M |
| Short Term Debt | $- | $- | $- | $- | $- | $-122.89M | $- | $- | $- | $-150.59M | $122.38M | $- | $6.26M | $-104.51M | $-103.22M | $-87.06M | $17.96M | $-270.47M | $14.66M | $-103.28M |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $563.00K | $- |
| Deferred Revenue | $26.67M | $25.59M | $22.15M | $26.75M | $26.87M | $25.42M | $24.54M | $26.95M | $26.67M | $26.43M | $24.77M | $27.73M | $29.19M | $30.17M | $27.43M | $30.79M | $30.60M | $32.79M | $32.26M | $34.51M |
| Other Current Liabilities | $51.68M | $55.43M | $-77.38M | $58.45M | $-75.42M | $-74.08M | $48.70M | $-73.16M | $-89.48M | $-232.72M | $-216.75M | $-79.28M | $49.37M | $-74.36M | $-187.78M | $-59.13M | $42.52M | $-67.56M | $19.52M | $-187.54M |
| Total Current Liabilities | $135.41M | $141.03M | $136.40M | $146.46M | $136.26M | $132.78M | $137.64M | $134.61M | $149.68M | $292.33M | $275.18M | $144.18M | $156.17M | $130.89M | $244.25M | $116.35M | $128.33M | $308.21M | $142.09M | $252.72M |
| Long Term Debt | $1.46B | $1.46B | $1.59B | $1.79B | $1.66B | $1.37B | $1.38B | $1.38B | $1.39B | $1.39B | $1.39B | $1.39B | $1.53B | $1.43B | $1.24B | $1.24B | $1.25B | $1.27B | $1.20B | $1.21B |
| Deferred Revenue Non-Current | $- | $- | $22.15M | $26.75M | $26.87M | $25.42M | $24.54M | $26.95M | $26.67M | $26.43M | $24.77M | $27.73M | $29.19M | $30.17M | $27.43M | $30.79M | $30.60M | $32.79M | $32.26M | $34.51M |
| Deferred Tax Liabilities Non-Current | $- | $- | $9.43M | $10.03M | $-26.87M | $-25.42M | $-24.54M | $-26.95M | $-26.67M | $-26.43M | $-24.77M | $-27.73M | $-29.19M | $-30.17M | $-27.43M | $-30.79M | $64.38M | $-37.34M | $117.07M | $54.62M |
| Other Non-Current Liabilities | $127.89M | $261.09M | $19.66M | $-172.18M | $154.66M | $251.92M | $149.78M | $154.67M | $154.36M | $284.10M | $272.42M | $155.35M | $- | $157.74M | $279.98M | $158.31M | $96.90M | $127.47M | $246.32M | $257.42M |
| Total Non-Current Liabilities | $1.59B | $1.72B | $1.59B | $1.79B | $1.79B | $1.50B | $1.51B | $1.51B | $1.51B | $1.52B | $1.52B | $1.52B | $1.53B | $1.56B | $1.37B | $1.37B | $1.37B | $1.40B | $1.36B | $1.34B |
| Other Liabilities | $- | $-133.22M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $1.72B | $1.73B | $1.73B | $1.94B | $1.93B | $1.63B | $1.64B | $1.64B | $1.66B | $1.81B | $1.79B | $1.67B | $1.68B | $1.69B | $1.61B | $1.48B | $1.50B | $1.71B | $1.50B | $1.59B |
| Preferred Stock | $94.02M | $- | $94.02M | $94.02M | $94.02M | $94.02M | $94.02M | $94.02M | $94.02M | $94.02M | $94.02M | $94.02M | $94.02M | $94.02M | $94.02M | $94.02M | $94.02M | $94.02M | $94.02M | $94.02M |
| Common Stock | $29.00K | $29.00K | $94.05M | $94.05M | $29.00K | $29.00K | $29.00K | $29.00K | $29.00K | $28.00K | $28.00K | $29.00K | $28.00K | $28.00K | $28.00K | $28.00K | $28.00K | $28.00K | $28.00K | $26.00K |
| Retained Earnings | $-1.32B | $-1.31B | $-1.28B | $-1.24B | $-1.20B | $-1.18B | $-1.15B | $-1.11B | $-1.08B | $-1.08B | $-1.07B | $-1.07B | $-1.05B | $-1.28B | $-1.25B | $-1.29B | $-1.30B | $-1.37B | $-1.39B | $-1.37B |
| Accumulated Other Comprehensive Income Loss | $6.14M | $2.52M | $6.20M | $8.42M | $9.48M | $14.36M | $16.20M | $14.17M | $17.69M | $17.77M | $9.56M | $6.01M | $-6.26M | $-10.89M | $-12.04M | $-12.62M | $-17.96M | $-19.69M | $-20.73M | $-18.92M |
| Other Total Stockholders Equity | $3.32B | $3.41B | $3.31B | $3.33B | $3.33B | $3.32B | $3.32B | $3.32B | $3.32B | $3.13B | $3.19B | $3.26B | $3.25B | $3.24B | $3.20B | $3.19B | $3.20B | $3.19B | $3.19B | $2.98B |
| Total Stockholders Equity | $2.10B | $2.10B | $2.13B | $2.19B | $2.23B | $2.26B | $2.28B | $2.32B | $2.35B | $2.17B | $2.22B | $2.29B | $2.29B | $2.05B | $2.03B | $1.98B | $1.97B | $1.89B | $1.87B | $1.68B |
| Total Equity | $2.12B | $2.13B | $2.16B | $2.22B | $2.27B | $2.29B | $2.32B | $2.36B | $2.39B | $2.20B | $2.26B | $2.32B | $2.32B | $2.07B | $2.05B | $2.01B | $1.99B | $1.91B | $1.89B | $1.70B |
| Total Liabilities and Stockholders Equity | $3.84B | $3.85B | $3.89B | $4.16B | $4.19B | $3.93B | $3.96B | $4.01B | $4.05B | $4.01B | $4.05B | $3.99B | $4.01B | $3.76B | $3.66B | $3.49B | $3.49B | $3.62B | $3.39B | $3.29B |
| Minority Interest | $22.49M | $25.90M | $26.34M | $31.96M | $33.37M | $38.16M | $37.90M | $38.24M | $38.27M | $35.37M | $34.74M | $33.66M | $32.37M | $21.49M | $25.06M | $22.93M | $20.47M | $20.99M | $19.41M | $19.48M |
| Total Liabilities and Total Equity | $3.84B | $3.85B | $3.89B | $4.16B | $4.19B | $3.93B | $3.96B | $4.01B | $4.05B | $4.01B | $4.05B | $3.99B | $4.01B | $3.76B | $3.66B | $3.49B | $3.49B | $3.62B | $3.39B | $3.29B |
| Total Investments | $40.02M | $- | $53.25M | $177.56M | $130.14M | $115.24M | $113.01M | $114.25M | $177.65M | $110.83M | $146.28M | $147.15M | $149.12M | $51.02M | $54.06M | $54.19M | $56.46M | $56.49M | $56.04M | $57.21M |
| Total Debt | $1.46B | $1.46B | $1.59B | $1.79B | $1.66B | $1.37B | $1.38B | $1.38B | $1.39B | $1.52B | $1.51B | $1.40B | $1.40B | $1.43B | $1.36B | $1.24B | $1.25B | $1.27B | $1.25B | $1.34B |
| Net Debt | $1.36B | $1.40B | $1.54B | $1.63B | $1.46B | $1.34B | $1.36B | $1.34B | $1.33B | $1.49B | $1.46B | $1.35B | $1.21B | $1.28B | $1.17B | $1.10B | $1.07B | $983.90M | $1.18B | $1.26B |
Annual Cash Flow
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Net Income | $42.84M | $35.92M | $116.24M | $385.09M | $186.39M |
| Depreciation and Amortization | $200.79M | $190.68M | $187.40M | $183.25M | $168.02M |
| Deferred Income Tax | $- | $- | $-6.64M | $-6.55M | $-6.18M |
| Stock Based Compensation | $- | $8.21M | $6.64M | $6.55M | $6.18M |
| Change in Working Capital | $7.69M | $1.71M | $-251.00K | $11.19M | $4.80M |
| Accounts Receivables | $5.64M | $- | $623.00K | $1.06M | $80.00K |
| Inventory | $- | $- | $- | $- | $- |
| Accounts Payables | $2.91M | $4.41M | $-1.57M | $8.00M | $2.86M |
| Other Working Capital | $-862.00K | $-2.70M | $700.00K | $2.14M | $1.87M |
| Other Non Cash Items | $-40.13M | $-27.07M | $-109.12M | $-359.19M | $-157.38M |
| Net Cash Provided by Operating Activities | $211.19M | $209.45M | $194.27M | $220.35M | $201.84M |
| Investments in Property Plant and Equipment | $-17.78M | $-17.94M | $-32.56M | $-15.21M | $-17.25M |
| Acquisitions Net | $- | $714.00K | $-3.23M | $-4.53M | $-7.53M |
| Purchases of Investments | $- | $-130.00M | $-411.96M | $-1.05B | $-673.25M |
| Sales Maturities of Investments | $65.83M | $- | $61.23M | $728.37M | $192.56M |
| Other Investing Activities | $38.36M | $-36.23M | $149.59M | $6.53M | $11.12M |
| Net Cash Used for Investing Activities | $86.40M | $-183.45M | $-236.92M | $-337.76M | $-494.35M |
| Debt Repayment | $-198.93M | $298.27M | $-14.90M | $207.31M | $284.62M |
| Common Stock Issued | $- | $- | $215.57M | $60.58M | $222.39M |
| Common Stock Repurchased | $-2.02M | $-2.66M | $-130.68M | $- | $-11.04M |
| Dividends Paid | $-158.16M | $-151.93M | $-142.46M | $-128.33M | $-118.38M |
| Other Financing Activities | $-35.87M | $-24.71M | $-21.41M | $-10.44M | $-257.35M |
| Net Cash Used Provided by Financing Activities | $-394.98M | $118.96M | $-93.87M | $129.10M | $342.63M |
| Effect of Forex Changes on Cash | $- | $- | $- | $-80.00K | $- |
| Net Change in Cash | $-97.39M | $144.96M | $-136.52M | $11.61M | $50.11M |
| Cash at End of Period | $102.07M | $199.46M | $54.51M | $191.03M | $179.42M |
| Cash at Beginning of Period | $199.46M | $54.51M | $191.03M | $179.42M | $129.31M |
| Operating Cash Flow | $211.19M | $209.45M | $194.27M | $220.35M | $201.84M |
| Capital Expenditure | $-17.78M | $-17.94M | $-32.56M | $-15.21M | $-17.25M |
| Free Cash Flow | $193.41M | $191.51M | $161.71M | $205.14M | $184.59M |
Cash Flow Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $- | $-4.99M | $5.35M | $-359.00K | $-35.05M | $23.59M | $39.67M | $7.71M | $92.65M | $-25.07M | $39.67M | $8.99M | $262.29M | $6.64M | $72.68M | $41.04M | $104.38M | $41.90M | $18.87M | $18.15M |
| Depreciation and Amortization | $- | $-51.03M | $48.35M | $-1.32M | $137.28M | $11.26M | $45.03M | $-2.89M | $157.55M | $-8.42M | $-5.58M | $43.85M | $183.25K | $-45.36M | $42.31M | $-4.76M | $46.01M | $39.42M | $38.65M | $-5.85M |
| Deferred Income Tax | $- | $- | $- | $- | $-8.21M | $- | $- | $- | $-6.64M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $8.21M | $- | $- | $- | $6.64M | $- | $- | $- | $6.55M | $- | $- | $- | $6.18M | $- | $- | $- |
| Change in Working Capital | $- | $- | $- | $- | $4.41M | $- | $- | $- | $-305.25M | $162.53M | $100.79M | $-52.84M | $8.00K | $- | $- | $-26.24M | $-41.23M | $138.73M | $-9.99M | $-48.01M |
| Accounts Receivables | $- | $- | $- | $- | $-488.00K | $- | $- | $- | $623.00K | $- | $- | $- | $1.06M | $- | $- | $- | $80.00K | $- | $- | $- |
| Inventory | $- | $- | $- | $- | $4.89M | $- | $- | $- | $-623.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $4.41M | $- | $- | $- | $-1.57M | $- | $- | $- | $8.00K | $- | $- | $- | $- | $- | $- | $- |
| Other Working Capital | $- | $- | $- | $- | $-4.41M | $- | $- | $- | $-303.68M | $- | $- | $- | $-8.00K | $- | $- | $-26.24M | $-41.23M | $138.73M | $-9.99M | $-48.01M |
| Other Non Cash Items | $69.22M | $120.62M | $82.75M | $87.64M | $-50.72M | $-34.85M | $-84.69M | $32.72M | $95.21M | $-70.14M | $-81.76M | $77.57M | $-209.54M | $97.44M | $-63.70M | $47.36M | $-13.78M | $-121.72M | $39.01M | $81.36M |
| Net Cash Provided by Operating Activities | $69.22M | $64.60M | $39.75M | $38.92M | $55.92M | $60.88M | $55.10M | $37.55M | $40.16M | $58.91M | $53.12M | $42.09M | $52.94M | $58.72M | $51.29M | $57.40M | $49.37M | $58.92M | $47.88M | $45.66M |
| Investments in Property Plant and Equipment | $-6.33M | $-9.86M | $-2.75M | $-2.61M | $-5.71M | $-4.32M | $-4.21M | $-3.70M | $-6.97M | $-9.79M | $-9.81M | $-5.99M | $-5.84M | $-6.45M | $-1.61M | $-1.30M | $-1.92M | $-5.99M | $-6.96M | $-2.38M |
| Acquisitions Net | $-96.00K | $-517.00K | $-22.76M | $-609.00K | $-776.00K | $-2.39M | $-34.00K | $-451.00K | $-2.92M | $-129.00K | $-57.00K | $-121.00K | $-3.56M | $-217.00K | $-205.00K | $-553.00K | $-1.38M | $-3.39M | $-1.68M | $-1.08M |
| Purchases of Investments | $- | $- | $-34.71M | $-24.80M | $-163.51M | $-42.81M | $-28.43M | $-34.71M | $-69.76M | $-74.92M | $-119.64M | $-147.64M | $-537.98M | $-200.43M | $-233.19M | $-81.32M | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $15.49M | $- | $23.94M | $46.48M | $28.43M | $28.80M | $61.23M | $91.39M | $54.27M | $262.00K | $547.13M | $1.11M | $123.62M | $56.51M | $- | $- | $- | $- |
| Other Investing Activities | $28.41M | $-7.26M | $130.42M | $-1.14M | $9.09M | $-4.57M | $-29.11M | $4.53M | $-10.35M | $2.41M | $10.65M | $-146.42M | $15.74M | $-197.12M | $-113.58M | $-23.06M | $-120.43M | $-45.08M | $-124.31M | $-179.75M |
| Net Cash Used for Investing Activities | $21.98M | $-17.64M | $85.69M | $-27.70M | $-136.97M | $-7.60M | $-33.35M | $-5.53M | $-28.77M | $8.96M | $-64.58M | $-152.53M | $6.34M | $-203.79M | $-115.40M | $-24.92M | $-123.73M | $-54.45M | $-132.95M | $-183.22M |
| Debt Repayment | $- | $-1.35M | $-198.93M | $-1.32M | $- | $- | $- | $-2.89M | $77.14M | $7.17M | $120.00M | $-2.78M | $-7.00M | $83.42M | $125.00M | $- | $- | $244.62M | $-90.00M | $130.00M |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $177.14M | $-61.00K | $2.00K | $38.49M | $5.46M | $- | $- | $- | $-2.73M | $6.48M | $201.38M | $17.27M |
| Common Stock Repurchased | $-65.00K | $-67.00K | $-27.00K | $-1.86M | $-2.49M | $-30.00K | $3.00K | $-2.22M | $-3.65M | $-57.05M | $-69.97M | $- | $- | $635.00K | $-389.00K | $-246.00K | $- | $- | $- | $-11.04M |
| Dividends Paid | $-39.55M | $-39.53M | $-39.53M | $-39.54M | $-37.91M | $-37.91M | $-37.91M | $-38.21M | $-34.52M | $-36.12M | $-35.92M | $-36.83M | $-32.45M | $-31.22M | $-31.21M | $-33.45M | $-30.42M | $-30.35M | $-28.14M | $-29.48M |
| Other Financing Activities | $-4.71M | $-97.00K | $-1.49M | $-4.52M | $282.79M | $-3.00M | $-3.60M | $-162.00K | $-202.51M | $-2.21M | $-1.89M | $-30.31M | $78.79M | $-10.60M | $-1.69M | $-8.03M | $-2.69M | $-19.43M | $-4.39M | $-28.33M |
| Net Cash Used Provided by Financing Activities | $-44.33M | $-41.05M | $-239.98M | $-47.25M | $244.88M | $-40.93M | $-41.50M | $-43.48M | $13.60M | $-88.27M | $12.22M | $-31.42M | $-18.63M | $97.36M | $92.10M | $-41.73M | $-35.84M | $201.32M | $78.84M | $98.30M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $-125.38M | $22.50M | $102.88M | $- | $- | $- | $- | $- | $-80.00K | $1.05M | $-1.05M | $- | $- | $- | $- | $- |
| Net Change in Cash | $46.87M | $6.30M | $-114.53M | $-36.03M | $163.83M | $12.35M | $-19.76M | $-11.46M | $24.99M | $-20.41M | $758.00K | $-141.86M | $40.58M | $-46.66M | $26.94M | $-9.25M | $-110.20M | $205.78M | $-6.22M | $-39.25M |
| Cash at End of Period | $102.07M | $55.20M | $48.90M | $163.44M | $199.46M | $35.63M | $23.29M | $43.04M | $54.51M | $29.52M | $49.93M | $49.17M | $191.03M | $150.45M | $197.11M | $170.18M | $179.42M | $289.62M | $83.83M | $90.06M |
| Cash at Beginning of Period | $55.20M | $48.90M | $163.44M | $199.46M | $35.63M | $23.29M | $43.04M | $54.51M | $29.52M | $49.93M | $49.17M | $191.03M | $150.45M | $197.11M | $170.18M | $179.42M | $289.62M | $83.83M | $90.06M | $129.31M |
| Operating Cash Flow | $69.22M | $64.60M | $39.75M | $38.92M | $55.92M | $60.88M | $55.10M | $37.55M | $40.16M | $58.91M | $53.12M | $42.09M | $52.94M | $58.72M | $51.29M | $57.40M | $49.37M | $58.92M | $47.88M | $45.66M |
| Capital Expenditure | $-6.33M | $-7.76M | $-2.75M | $-2.61M | $-5.71M | $-4.32M | $-4.21M | $-3.70M | $-6.97M | $-9.79M | $-9.81M | $-5.99M | $-5.84M | $-6.45M | $-1.61M | $-1.30M | $-1.92M | $-5.99M | $-6.96M | $-2.38M |
| Free Cash Flow | $62.89M | $56.84M | $37.00M | $36.31M | $50.21M | $56.56M | $50.89M | $33.84M | $33.19M | $49.11M | $43.31M | $36.10M | $47.10M | $52.27M | $49.67M | $56.10M | $47.45M | $52.93M | $40.93M | $43.28M |
LXP Industrial Trust Dividends
Explore LXP Industrial Trust's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
6.68%
Dividend Payout Ratio
417.06%
Dividend Paid & Capex Coverage Ratio
1.20x
LXP Industrial Trust Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.135 | $0.135 | March 31, 2025 | March 31, 2025 | April 15, 2025 | March 17, 2025 |
| $0.135 | $0.135 | December 31, 2024 | December 31, 2024 | January 15, 2025 | November 06, 2024 |
| $0.13 | $0.13 | September 30, 2024 | September 30, 2024 | October 15, 2024 | September 16, 2024 |
| $0.13 | $0.13 | June 28, 2024 | June 28, 2024 | July 15, 2024 | June 17, 2024 |
| $0.13 | $0.13 | March 27, 2024 | March 28, 2024 | April 15, 2024 | March 18, 2024 |
| $0.13 | $0.13 | December 28, 2023 | December 29, 2023 | January 16, 2024 | October 31, 2023 |
| $0.125 | $0.125 | September 28, 2023 | September 29, 2023 | October 16, 2023 | September 13, 2023 |
| $0.125 | $0.125 | June 29, 2023 | June 30, 2023 | July 17, 2023 | June 09, 2023 |
| $0.125 | $0.125 | March 30, 2023 | March 31, 2023 | April 17, 2023 | March 15, 2023 |
| $0.125 | $0.125 | December 29, 2022 | December 30, 2022 | January 17, 2023 | November 03, 2022 |
| $0.12 | $0.12 | September 29, 2022 | September 30, 2022 | October 17, 2022 | September 15, 2022 |
| $0.12 | $0.12 | June 29, 2022 | June 30, 2022 | July 15, 2022 | June 15, 2022 |
| $0.12 | $0.12 | March 30, 2022 | March 31, 2022 | April 18, 2022 | March 16, 2022 |
| $0.12 | $0.12 | December 30, 2021 | December 31, 2021 | January 18, 2022 | November 04, 2021 |
| $0.108 | $0.1075 | September 29, 2021 | September 30, 2021 | October 15, 2021 | September 15, 2021 |
| $0.108 | $0.1075 | June 29, 2021 | June 30, 2021 | July 15, 2021 | June 15, 2021 |
| $0.1075 | $0.1075 | March 30, 2021 | March 31, 2021 | April 15, 2021 | March 15, 2021 |
| $0.1075 | $0.1075 | December 30, 2020 | December 31, 2020 | January 15, 2021 | November 05, 2020 |
| $0.105 | $0.105 | September 29, 2020 | September 30, 2020 | October 15, 2020 | September 15, 2020 |
| $0.105 | $0.105 | June 29, 2020 | June 30, 2020 | July 15, 2020 | June 15, 2020 |
LXP Industrial Trust News
Read the latest news about LXP Industrial Trust, including recent articles, headlines, and updates.
LXP Industrial Trust Announces Quarterly Common Share Dividend
WEST PALM BEACH, Fla., March 17, 2025 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE: LXP), a real estate investment trust (REIT) focused on Class A warehouse and distribution investments, today announced that it declared a regular common share dividend for the quarter ending March 31, 2025 of $0.135 per common share payable on or about April 15, 2025 to common shareholders of record as of March 31, 2025.
LXP Industrial Trust Is Strong Buy At Cheap Price And Growing Sunbelt Portfolio
LXP Industrial Trust gets a strong buy rating today for my initial coverage. This industrial REIT has a growing and diversified portfolio of warehouses with a strong focus on the US Sunbelt region, and tenants like Amazon and Walmart. It has proven itself in growing dividends, profits, and cash flow, while also keeping leverage low and getting investment-grade credit ratings.
LXP Industrial Trust (LXP) Q4 2024 Earnings Call Transcript
LXP Industrial Trust (NYSE:LXP ) Q4 2024 Results Conference Call February 13, 2025 8:30 AM ET Company Participants Heather Gentry - Investor Relations Will Eglin - Chief Executive Officer Brendan Mullinix - Chief Investment Officer James Dudley - Executive Vice President Beth Boulerice - Chief Financial Officer Conference Call Participants Todd Thomas - KeyBanc Capital Markets Vince Tibone - Green Street James Kammert - Evercore ISI Jyoti Yadav - Citizens JMP Securities Operator Good morning, and welcome to the LXP Industrial Trust Fourth Quarter Earnings Call and Webcast. All lines have been placed on mute to prevent any background noise.
LXP Industrial Trust Reports Fourth Quarter 2024 Results
WEST PALM BEACH, Fla., Feb. 13, 2025 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE:LXP), a real estate investment trust focused on Class A warehouse and distribution real estate investments, today announced results for the quarter and year ended December 31, 2024.
LXP Industrial Trust Announces Final 2024 Dividend Allocation
WEST PALM BEACH, Fla., Jan. 21, 2025 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE: LXP), a real estate investment trust (REIT) focused on Class A warehouse and distribution real estate investments, today announced its final 2024 dividend income allocations for both its common and preferred shares as they will be reported on Form 1099-DIV. Additionally, the return of capital on the common shares (Nondividend Distributions in the table below) was reported on Internal Revenue Service Form 8937 pursuant to U.S. tax basis reporting as required under Internal Revenue Code 6045B. A copy of the Internal Revenue Service Form 8937 can be found in the investor's section on LXP's website at https://ir.lxp.com/stock-info/tax-documents/form-8937/default.aspx.
LXP Industrial Trust to Report Fourth Quarter 2024 Results and Host Conference Call February 13, 2025
WEST PALM BEACH, Fla., Jan. 15, 2025 (GLOBE NEWSWIRE) -- LXP Industrial Trust (NYSE: LXP) (“LXP”), a real estate investment trust (REIT) focused on Class A warehouse and distribution real estate investments, today announced it will release its fourth quarter 2024 financial results the morning of Thursday, February 13, 2025. LXP will host its conference call and webcast that same day at 8:30 a.m., Eastern Time to discuss these results. Participants may access the call and webcast by the following:
LXP Industrial: Hidden Gem For Dividend Hunters And Long-Term Growth
LXP Industrial offers a 6.7% dividend yield, supported by strong portfolio fundamentals and strategic positioning in high-growth U.S. markets. LXP's young, high-quality industrial properties in the Sunbelt and Lower Midwest are poised to benefit from demographic trends, reshoring of manufacturing, and rent growth. With a solid balance sheet, favorable valuation, and high dividend yield, LXP is set for potential market-beating total returns.
LXP Industrial: Great Assets, Great Dividend, But No Growth
Industrial REITs, including LXP Industrial, are trading at low valuations, with LXP offering a compelling 6.6% dividend yield, higher than the sector average. LXP's portfolio focuses on large, single-tenant properties in the Sunbelt and Midwest, with a high occupancy. LXP's revenue growth lags behind peers, and recent transactions do not suggest significant earnings growth for 2025.
Sector Spotlight: Industrial REITs - Still A Real Estate Darling?
The industrial REIT sector has seen significant price corrections due to changing macroeconomic factors, making current pricing more investible. Investor enthusiasm has waned, reflected in falling AFFO multiples from 35.5x in 2021 to 20.5x recently. Despite strong demand, new supply has suppressed rent growth and occupancy, leading to tepid SSNOI growth.
LXP Industrial Trust (LXP) Q3 2024 Earnings Call Transcript
LXP Industrial Trust (NYSE:LXP ) Q3 2024 Earnings Conference Call November 6, 2024 8:30 AM ET Company Participants Heather Gentry - Investor Relations Will Eglin - Chief Executive Officer Brendan Mullinix - Chief Investment Officer James Dudley - Executive Vice President Beth Boulerice - Chief Financial Officer Conference Call Participants Jon Petersen - Jefferies LLC James Kammert - Evercore ISI Mitch Germain - Citizens JMP Operator Good morning and welcome to LXP Industrial Trust Third Quarter 2024 Earnings Call and Webcast. All participants are in a listen-only mode.
LXP Industrial Trust Reports Third Quarter 2024 Results
WEST PALM BEACH, Fla., Nov. 06, 2024 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE:LXP), a real estate investment trust focused on Class A warehouse and distribution real estate investments, today announced results for the quarter ended September 30, 2024.
LXP Industrial Trust to Report Third Quarter 2024 Results and Host Conference Call November 6, 2024
WEST PALM BEACH, Fla., Oct. 08, 2024 (GLOBE NEWSWIRE) -- LXP Industrial Trust (NYSE: LXP) (“LXP”), a real estate investment trust (REIT) focused on Class A warehouse and distribution real estate investments, today announced it will release its third quarter 2024 financial results the morning of Wednesday, November 6, 2024. LXP will host its conference call and webcast that same day at 8:30 a.m., Eastern Time to discuss these results. Participants may access the call and webcast by the following:
LXP Industrial: Attractive Dividend Yield, Upside Potential In A Lower Rate Environment
LXP Industrial owns a high-quality portfolio of single-tenant industrial properties across the U.S. The company recently became a pure-play industrial REIT after fully exiting its office portfolio. While LXP carries higher leverage, it has maintained its high-yield dividend.
LXP Industrial Trust (LXP) Q2 2024 Earnings Call Transcript
LXP Industrial Trust (NYSE:LXP ) Q2 2024 Earnings Conference Call July 31, 2024 8:30 AM ET Company Participants Heather Gentry - IR Will Eglin - CEO Brendan Mullinix - CIO James Dudley - EVP Beth Boulerice - CFO Conference Call Participants Anthony Paolone - JPMorgan Todd Thomas - KeyBanc Capital Markets Mitch Germain - Citizens JMP Camille Bonnel - Bank of America James Kammert - Evercore ISI Jon Petersen - Jefferies LLC Operator Thank you for standing by. My name is Christa and I will be your conference operator today.
LXP Industrial Trust Reports Second Quarter 2024 Results
WEST PALM BEACH, Fla., July 31, 2024 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE:LXP), a real estate investment trust focused on Class A warehouse and distribution real estate investments, today announced results for the quarter ended June 30, 2024.
LXP Industrial: Dividend Bargain Flying Under The Radar
I find value in underfollowed stocks with attractive prices and high yields, like LXP Industrial. LXP has transitioned to an industrial REIT with strong portfolio fundamentals, strong tenant profile, and growth potential through rent escalations and new developments. LXP's 5.6% dividend yield, strategic market positioning, and solid balance sheet make it an attractive buy for value investors compared to more expensive peers in the industrial sector.
LXP Industrial Trust to Report Second Quarter 2024 Results and Host Conference Call July 31, 2024
WEST PALM BEACH, Fla., June 27, 2024 (GLOBE NEWSWIRE) -- LXP Industrial Trust (NYSE: LXP) (“LXP”), a real estate investment trust (REIT) focused on Class A warehouse and distribution real estate investments, today announced it will release its second quarter 2024 financial results the morning of Wednesday, July 31, 2024. LXP will host its conference call and webcast that same day at 8:30 a.m., Eastern Time to discuss these results. Participants may access the call and webcast by the following:
Wall Street Favorites: 3 REITs With Strong Buy Ratings for June 2024
If you're looking for a list of REITs with strong buy analyst ratings in June, you've come to the right place. This article explores several real estate investment trusts (REITs) that are attractively priced given the current economic environment of falling interest rates.
LXP Industrial Trust Announces Beth Boulerice to Step Down as Chief Financial Officer and be Succeeded by Nathan Brunner
Brunner to serve as Executive Vice President of Capital Markets effective September 1, 2024 and will assume the roles of Chief Financial Officer and Treasurer on March 1, 2025 Brunner to serve as Executive Vice President of Capital Markets effective September 1, 2024 and will assume the roles of Chief Financial Officer and Treasurer on March 1, 2025
CORRECTION: LXP Industrial Trust Reports First Quarter 2024 Results
WEST PALM BEACH, Fla., May 02, 2024 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by LXP Industrial Trust (NYSE:LXP), please note that the percentage underneath the "Subsequent Events" header was changed from "8%" to "26.9%". The corrected release follows:
LXP Industrial Trust Reports First Quarter 2024 Results
WEST PALM BEACH, Fla., May 02, 2024 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE:LXP), a real estate investment trust focused on single-tenant warehouse/distribution real estate investments, today announced results for the quarter ended March 31, 2024.
LXP Industrial Trust to Report First Quarter 2024 Results and Host Conference Call May 2, 2024
WEST PALM BEACH, Fla., April 12, 2024 (GLOBE NEWSWIRE) -- LXP Industrial Trust (NYSE:LXP) (“LXP”), a real estate investment trust (REIT) focused on single-tenant warehouse and distribution real estate investments, today announced it will release its first quarter 2024 financial results the morning of Thursday, May 2, 2024. LXP will host its conference call and webcast that same day at 8:30 a.m., Eastern Time to discuss these results. Participants may access the call and webcast by the following:
Wall Street Favorites: 3 REITs With Strong Buy Ratings for April 2024
Real Estate Investment Trust (REIT) stocks are one of the best ways for investors to profit from real estate. REITs offer steady, relatively secure long-term returns through high dividends and better resilience to economic factors like inflation.
Industrial Real Estate: Opportunities Amidst Supply And Demand Boom
Industrial real estate has experienced strong demand growth, leading to an increase in development of new warehouses. The supply and demand for industrial real estate vary by location, resulting in pockets of both strength and weakness. The future winners in the industrial real estate sector can be estimated by studying valuation and operating fundamentals.
LXP Industrial: Dividends Raised, Transformation Complete
LXP Industrial is an undervalued REIT with strong operating fundamentals and has transformed its portfolio to full industrial. The company has a diverse portfolio of Class A, single-tenant properties in secondary markets, attracting premier tenants. LXP has demonstrated fundamental growth, with positive Same-Store NOI growth and a 100% occupancy rate, and recently raised its dividend.
Similar Companies
Related Metrics
Explore detailed financial metrics and analysis for LXP.