オプションチェーンは、LXP Industrial Trustの株式オプションの主要データを様々な行使価格と満期日で表示します。トレーダーはこの情報を使用して、潜在的な取引を分析し、LXP Industrial Trustの市場センチメントを評価します。.

LXP Industrial Trust (NYSE:LXP) 株価情報, オプションチェーン

LXP Industrial Trust

LXP Industrial Trust is a real estate investment trust principally involved in the ownership of equity and debt investments in single-tenant properties and land throughout the United States. Majority of the revenue is earned through rental revenue.

Lexington Realty

LXP Industrial Trust Common Stock (Maryland REIT)

LXP Industrial Trust 6.5% Series C Cumulative Convertible Preferred Stock

On January 6, a substantial insider purchase was made by Wilson T Eglin, Chairman at LXP Industrial Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LXP#NYSE">LXP</a>), as per the latest SEC filing.
What Happened: In a recent Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000910108/000144483825000013//Archives/edgar/data/910108/000144483825000013/0001444838-25-000013-index.htm">U.S. Securities and Exchange Commission</a> on Monday, Eglin increased their investment in LXP Industrial Trust by purchasing 719,106 shares through open-market transactions, signaling confidence in the company's potential. The total transaction value is $5,760,039.
LXP Industrial Trust shares are trading up 1.12% at $8.15 at the time of this writing on Monday morning.
<h3>Unveiling the Story Behind LXP Industrial Trust</h3>
LXP Industrial Trust is a real estate investment trust principally involved in the ownership of equity and debt investments in single-tenant properties and land throughout the United States. Majority of the revenue is earned through rental revenue.
<h3>LXP Industrial Trust: A Financial Overview</h3>
Revenue Growth: LXP Industrial Trust displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 0.17%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Real Estate sector.
Holistic Profitability Examination:
<ul>
<li>
Gross Margin: The company faces challenges with a low gross margin of 25.91%, suggesting potential difficulties in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): LXP Industrial Trust's EPS is below the industry average. The company faced challenges with a current EPS of 0.02. This suggests a potential decline in earnings.
</li>
</ul>
Debt Management: LXP Industrial Trust's debt-to-equity ratio surpasses industry norms, standing at 0.73. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
Valuation Analysis:
<ul>
<li>
Price to Earnings (P/E) Ratio: LXP Industrial Trust's current Price to Earnings (P/E) ratio of 134.33 is higher than the industry average, indicating that the stock may be overvalued according to market sentiment.
</li>
<li>
Price to Sales (P/S) Ratio: The P/S ratio of 6.9 is lower than the industry average, implying a discounted valuation for LXP Industrial Trust's stock in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): A high EV/EBITDA ratio of 39.19 positions the company as being more valued compared to industry benchmarks.
</li>
</ul>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
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<h3>Why Insider Transactions Are Important</h3>
While insider transactions should not be the sole basis for making investment decisions, they can play a significant role in an investor's decision-making process.
Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
<h3>Understanding Crucial Transaction Codes</h3>
When it comes to transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S indicates a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000910108">Check Out The Full List Of LXP Industrial Trust's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

News

Insider Trades

Trading Ideas

Eye On Growth: Wilson T Eglin Adds $5.76M Of LXP Industrial Trust Stock To Portfolio

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi">RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3 class="wp-block-heading">Equity Commonwealth (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQC#NYSE">EQC</a>)</h3>
<ul>
<li>On Nov. 26, Equity Commonwealth completed the sale of 1250 H Street. The company's stock fell around 91% over the past month and has a <a href="https://www.benzinga.com/quote/EQC">52-week low of $1.40</a>.</li>
<li>RSI Value: 5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>EQC Price Action: Shares of Equity Commonwealth fell 1.7% to close at $1.74 on Monday.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122424&amp;t=be2bearmibe3na1">latest EQC news</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122424&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="878" height="782" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24083110/image-196.png" alt="" class="wp-image-705981" style="width:670px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24083110/image-196.png 878w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24083110/image-196-300x267.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24083110/image-196-768x684.png 768w" sizes="(max-width: 878px) 100vw, 878px" /></a></figure>
<h3 class="wp-block-heading">Wheeler Real Estate Investment Trust Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WHLR#NASDAQ">WHLR</a>)</h3>
<ul>
<li>On Nov. 15, Wheeler Real Estate Investment Trust announced a 1-for-2 reverse stock split. The company's stock fell around 52% over the past month and &lt;a href=&#8221;https://www.benzinga.com/quote/WHLR&#8221;&gt;&lt;em&gt; has a 52-week low &lt;/em&gt;&lt;/a&gt; of $3.75.</li>
<li>RSI Value: 24</li>
<li>WHLR Price Action: Shares of Wheeler Real Estate Investment Trust closed at $4.05 on Monday.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122424&amp;t=be2bearmibe3na1">trend in WHLR stock</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122424&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="921" height="821" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24083138/image-197.png" alt="" class="wp-image-705982" style="width:665px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24083138/image-197.png 921w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24083138/image-197-300x267.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24083138/image-197-768x685.png 768w" sizes="(max-width: 921px) 100vw, 921px" /></a></figure>
<h3 class="wp-block-heading">LXP Industrial Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LXP#NYSE">LXP</a>)</h3>
<ul>
<li>On Nov. 6, LXP Industrial Trust reported better-than-expected third-quarter financial results. T. Wilson Eglin, Chairman and Chief Executive Officer of LXP, commented &#8220;We posted strong third-quarter results with same-store NOI growth of 5.4% driven by 39.1% cash rental increases on second generation leases completed through September 30, 2024. We made progress on development leasing, executing a five-year lease at our 250,000 square foot development project in Columbus with a development yield of 8.5% and 3.5% annual rental increases." The company's stock fell around 12% over the past month and has a 52-week <a href="https://www.benzinga.com/quote/LXP">low of $8.08</a>.</li>
<li>RSI Value: 29</li>
<li>LXP Price Action: Shares of LXP Industrial Trust fell 0.5% to close at $8.28 on Monday.</li>
<li>Benzinga Pro&#8217;s signals feature notified of a potential <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122424&amp;t=be2bearmibe3na1">breakout in LXP shares</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122424&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="877" height="845" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24083244/image-198.png" alt="" class="wp-image-705983" style="width:697px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24083244/image-198.png 877w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24083244/image-198-300x289.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24083244/image-198-768x740.png 768w" sizes="(max-width: 877px) 100vw, 877px" /></a></figure>
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JMP Securities analyst Mitch Germain reiterates LXP Industrial Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LXP#NYSE">LXP</a>) from Market Perform to Market Perform.

Reiteration

Analyst Ratings

JMP Securities Reiterates Market Perform on LXP Industrial Trustto Market Perform

WIIM

LXP Industrial Trust shares are trading higher after the company reported better-than-expected Q3 financial results.

2024 EARNINGS GUIDANCE
LXP now estimates that its net income attributable to common shareholders for the year ended December 31, 2024 will be within an expected range of $0.14 to $0.15 per diluted common share. LXP is tightening its estimated Adjusted Company FFO for the year ended December 31, 2024, to be within an expected range of $0.63 to $0.64 per diluted common share. This guidance is forward looking, excludes the impact of certain items and is based on current expectations.

Guidance

LXP Industrial Trust Narrows FY24 AFFO Guidance from $0.62-$0.65 to $0.63-$0.64 vs $0.63 Est

LXP Industrial Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LXP#NYSE">LXP</a>) reported quarterly earnings of $0.16 per share which met the analyst consensus estimate. This is a 11.11 percent decrease over earnings of $0.18 per share from the same period last year. The company reported quarterly sales of $85.57 million which beat the analyst consensus estimate of $84.98 million by 0.69 percent. This is a 0.17 percent increase over sales of $85.42 million the same period last year.

Earnings

Earnings Beats

LXP Industrial Trust Q3 AFFO $0.16, Inline, Sales $85.57M Beat $84.98M Estimate

Evercore ISI Group analyst Sheila McGrath maintains LXP Industrial Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LXP#NYSE">LXP</a>) with a In-Line and raises the price target from $10 to $11.

Price Target

Evercore ISI Group Maintains In-Line on LXP Industrial Trust, Raises Price Target to $11

Evercore ISI Group analyst Sheila McGrath maintains LXP Industrial Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LXP#NYSE">LXP</a>) with a In-Line and raises the price target from $9 to $10.

Evercore ISI Group Maintains In-Line on LXP Industrial Trust, Raises Price Target to $10

LXP Industrial Trust Tightens FY24 Estimated Adjusted Company FFO Per Share From $0.61 - $0.65 To $0.62 - $0.65, Est $0.63

LXP Industrial Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LXP#NYSE">LXP</a>) reported quarterly AFFO of $0.16 per share which met the analyst consensus estimate. This is a 11.11 percent decrease over earnings of $0.18 per share from the same period last year. The company reported quarterly sales of $85.786 million which beat the analyst consensus estimate of $85.036 million by 0.88 percent. This is a 1.45 percent decrease over sales of $87.050 million the same period last year.

LXP Industrial Trust Q2 2024 AFFO $0.16, Inline, Sales $85.786M Beat $85.036M Estimate

Chicago Atlantic Real Estate Finance (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/refi#NASDAQ">REFI</a>) stands out in the cannabis capital providers and mortgage REIT (mREIT) sectors due to its premium valuation, impressive dividend yield, and robust growth track record.
<a href="https://www.benzinga.com/topic/pablo-zuanic">Pablo Zuanic</a>, a senior equity analyst, noted in a recent report, &quot;Of the six publicly listed cannabis capital providers, five are NASDAQ listed, being NLCP (OTC: <a class="ticker" href="https://www.benzinga.com/stock/nlcp#OTC">NLCP</a>) the exception. However, some may not currently provide the right comp due to poor liquidity, size, and relative newness.&quot;
<h2>Performance And Valuation Comparison</h2>
REFI trades at a 3% premium to its book value, reflecting strong investor confidence in its growth prospects.
This stands in contrast to other cannabis capital providers such as AFC Gamma, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/afcg#NASDAQ">AFCG</a>), which trades at a 20% discount to its book value, and Innovative Industrial Properties Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/iipr#NASDAQ">IIPR</a>), which trades at a 57% premium. Its consistent performance and strategic management justify REFI&rsquo;s premium.
<h3>Dividend Yield</h3>
One of REFI&rsquo;s most attractive features is its 12.2% dividend yield. This is significantly higher than its peers, with AFCG offering a 15.8% yield and IIPR at 6.8%.
The high dividend yield, combined with a solid dividend coverage ratio of 117% over the last five quarters, underscores REFI&rsquo;s ability to generate stable returns for investors.
Additionally, REFI&rsquo;s yield is bolstered by special cash dividends paid in the past two December, contributing to an annualized dividend yield of 14.1%.
&quot;AFCG, SHFS (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/shfs#NASDAQ">SHFS</a>), and SSIC (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ssic#NASDAQ">SSIC</a>) trade at close to a 20% discount to book value, while NLCP now trades at par,&quot; Zuanic continued. &quot;IIPR trades at a 57% premium, according to FactSet. In terms of dividend yield, AFCG is the outlier at close to 16%, followed by REFI at 12.2% (IIPR over 6%; NCLP 8.7% taking the latest DPS of 43 cents; SSIC 8.7%),&rdquo; Zuanic wrote.
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<h3>Leverage And Risk Management</h3>
REFI&#39;s leverage ratio increased to 28% in March 2024 from 14% a year earlier, indicating its strategic use of debt to fuel growth.
Despite the increase in leverage, REFI maintains a conservative risk profile, with 60% of its loan book rated in the top two risk categories. This disciplined approach to risk management further enhances its appeal to investors.
<h3>Growth Track Record</h3>
According to Zuanic, REFI&rsquo;s growth track record is another distinguishing factor. Despite the overall market volatility, the company&#39;s loan book increased by about $50 million year-over-year to $376 million by the end of March 2024.
This growth is supported by a diverse portfolio spread across 15 states, with significant exposure in Michigan, Maryland, and Florida.
<h3>Market Position And Outlook</h3>
In the broader context, mREITs have generally underperformed, with most trading at significant discounts to book value and offering dividend yields in the mid to high teens.
However, REFI&#39;s stronger growth track record, higher yield-to-maturity, and the potential for better growth opportunities in the cannabis sector explain its relative premium.
For Zuanic, its strategic management and conservative risk approach provide a stable foundation for continued investor confidence and attractive returns.
<h2>Top Stock Performers In The Last 12 Months</h2>
In addition, Zuanic provided stock performance data from FactSet.
<h3>Industrial REITs And Lenders To The Cannabis Industry</h3>
<ul>
<li>Innovative Industrial Properties Inc (IIPR): 47%</li>
<li>NewLake Capital Partners, Inc. (NLCP): 44%</li>
<li>Silver Spike Investment Corp. (SSIC): 38%</li>
<li>Industrial Logistics Properties Trust (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ilpt#NASDAQ">ILPT</a>): 12%</li>
<li>LXP Industrial Trust (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lxp#NYSE">LXP</a>): 8%</li>
</ul>
<h3>Top MSO Stock Performers In The Last 12 Months</h3>
<ul>
<li>Grown Rogue International Inc. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/grusf#OTC">GRUSF</a>): 221%</li>
<li>Goodness Growth Holdings, Inc. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/gdnsf#OTC">GDNSF</a>): 185%</li>
<li>Trulieve Cannabis Corp. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/tcnnf#OTC">TCNNF</a>): 133%</li>
<li>Ayr Wellness Inc. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/ayrwf#OTC">AYRWF</a>): 118%</li>
<li>Glass House Brands Inc. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/glasf#OTC">GLASF</a>): 115%</li>
</ul>
<h3>Top Canadian LP Stock Performers In The Last 12 Months</h3>
<ul>
<li>Nova Cannabis Inc. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/nvacf#OTC">NVACF</a>): 97%</li>
<li>High Tide (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hiti#NASDAQ">HITI</a>): 72%</li>
<li>Canopy Growth Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cgc#NASDAQ">CGC</a>): 61%</li>
<li>Cresco Labs Inc. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/crlbf#OTC">CRLBF</a>): 46%</li>
<li>SNDL (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sndl#NASDAQ">SNDL</a>): 37%</li>
</ul>
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These issues will be a hot topic&nbsp;at the upcoming Benzinga Cannabis Capital Conference in Chicago this Oct. 8-9. Join us to get more insight into what the wave of weed legalization means for the future of investing in the&nbsp;industry. Hear directly from top executives, investors, advocates, and policymakers.&nbsp;<a href="https://www.eventbrite.com/e/benzinga-capital-conference-cannabis-fall-2024-tickets-858948065787?aff=oddtdtcreator" rel="noreferrer noopener" target="_blank">Get your tickets now</a>&nbsp;before prices go up by following&nbsp;<a href="https://www.eventbrite.com/e/benzinga-capital-conference-cannabis-fall-2024-tickets-858948065787?aff=oddtdtcreator" rel="noreferrer noopener" target="_blank">this link</a>.
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SHF Holdings, Inc. - Class A Common Stock

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Chicago Atlantic Real Estate Finance's Stock Valuation & Dividend Yield Are Leaving Competitors Behind

Jefferies analyst Jonathan Petersen maintains LXP Industrial Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LXP#NYSE">LXP</a>) with a Buy and raises the price target from $11 to $12.

Jefferies Maintains Buy on LXP Industrial Trust, Raises Price Target to $12

LXP also announced that Nathan Brunner has been appointed Executive Vice President of Capital Markets, effective September 1, 2024, and will assume the roles of CFO and Treasurer upon Boulerice&#39;s transition.

Management

LXP Industrial Trust Says Beth Boulerice Will Step Down From Her Roles As CFO And Treasurer, Effective March 1, 2025; To Be Succeeded By Nathan Brunner

Industrial <a href="https://www.benzinga.com/alternative-investments/real-estate">real estate</a> investment trusts (REITs) own and manage income-generating industrial properties, such as warehouses, distribution centers, logistics facilities, and manufacturing plants. Industrial REITs generate income by leasing the properties.
Investors in industrial REITs can benefit from the demand for space in the logistics and manufacturing sectors. The growth of e-commerce and the need for efficient supply chain management have contributed to the growth of the space in recent years. Similar to other REITs, industrial REITs are required to distribute a significant portion of their income to shareholders in the form of dividends.
If you&#8217;re interested in investing in industrial REITs, here are two you could buy today.
<h2 class="wp-block-heading">LXP Industrial Trust</h2>
LXP Industrial Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LXP#NYSE">LXP</a>) owns and manages a portfolio of <a href="https://s28.q4cdn.com/666463615/files/doc_financials/2024/q1/LXPQ1Q2024InvestorPPT_05022024.pdf">115</a> warehouse and distribution properties containing approximately 56.9 million square feet across growth markets in the Sunbelt and Lower Midwest regions, including Phoenix, Atlanta, Memphis, Houston, Nashville, and Chicago. It's also worth noting that LXP counts Amazon as one of its largest tenants.
<h2 class="wp-block-heading">Don't Miss:</h2>
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LXP currently pays a quarterly dividend of $0.13 per share, equating to an annualized dividend of $0.52 per share, which gives its stock a yield of about 5.9% at the time of this writing.&nbsp;
In addition to being a high-yielder, LXP is an up-and-coming dividend-growth star. It has raised its annual dividend for four consecutive years, and its recent hike has it on pace for 2024 to mark the fifth consecutive year with an increase.
<h2 class="wp-block-heading">Innovative Industrial Properties</h2>
Innovative Industrial Properties Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IIPR#NYSE">IIPR</a>) acquires, owns, and manages specialized properties leased to cannabis companies. Its portfolio consists of <a href="https://investors.innovativeindustrialproperties.com/~/media/Files/I/IIP-IR-V2/reports-and-presentations/iipr-investor-presentation-3-4-2024.pdf">108</a> properties across 19 U.S. states, including both industrial and retail properties.
Innovative Industrial Properties currently pays a quarterly dividend of $1.82 per share, equating to an annualized dividend of $7.28 per share, which gives its stock a yield of about 6.95% at the time of this writing.
Like LXP, Innovative Industrial Properties also has a track record of dividend growth. It has raised its annual dividend payment each year since its initial public offering in 2016, putting it on pace for 2024 to mark the 8th consecutive year with an increase.
<h2 class="wp-block-heading">Read Next:</h2>
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<li>Commercial real estate has historically outperformed the stock market, but few investors have the capital or resources needed to invest in this asset class. This platform <a href="https://www.benzinga.com/money/marcus-millichap-backed-platform-makes-it-easy-to-invest-in-real-estate">allows individuals to invest in commercial real estate with as little as $5,000. </a></li>
<li>This Bezos-backed startup selects America's prime single-family rentals and then <a href="https://www.benzinga.com/money/bezos-landlord-100-dollars">lets you invest in them</a> starting from $100. </li>
</ul>
Image Credit: Shutterstock

These Industrial REITs Yield Over 5% and Have Track Records of Dividend Growth

2024&nbsp;EARNINGS&nbsp;GUIDANCE
LXP now estimates that its net income attributable to common shareholders for the year ended December 31, 2024 will be within an expected range of&nbsp;$0.08&nbsp;to&nbsp;$0.12&nbsp;per diluted common share. LXP is affirming its expectation that Adjusted Company FFO for the year ended December 31, 2024, will be within a range of&nbsp;$0.61&nbsp;and&nbsp;$0.65&nbsp;per diluted common share. This&nbsp;guidance&nbsp;is forward looking, excludes the impact of certain items and is based on current expectations.

LXP Industrial Trust For 2024 Expects EPS Of $0.08-$0.12 (Prior $(0.02)- $0.02); Sees Adjusted FFO Of $0.61-$0.65 Per Diluted Common Share Vs. Consensus Of $0.63

LXP Industrial Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LXP#NYSE">LXP</a>) reported quarterly Adj. FFO of $0.16 per share which met the analyst consensus estimate. This is a 5.88 percent decrease over earnings of $0.17 per share from the same period last year. The company reported quarterly sales of $86.251 million which beat the analyst consensus estimate of $81.723 million by 5.54 percent. This is a 1.38 percent increase over sales of $85.075 million the same period last year.

LXP Industrial Trust Q1 2024 Adj. FFO $0.16, Inline, Sales $86.251M Beat $81.723M Estimate

Industrial real estate investment trusts (REITs) own and manage income-generating industrial properties, such as warehouses, distribution centers, logistics facilities, and manufacturing plants, and generate income by leasing the properties.
Investors in industrial REITs can benefit from the demand for space in the logistics and manufacturing sectors. The growth of e-commerce and the need for efficient supply chain management have contributed to the growth of the space in recent years. Similar to other REITs, industrial REITs are required to distribute a significant portion of their income to shareholders in the form of dividends.
If you're interested in investing in industrial REITs, here are two you could buy today.
<h2 class="wp-block-heading">Terreno Realty Corporation</h2>
Terreno Realty Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRNO#NYSE">TRNO</a>) owns and manages a portfolio of 259 industrial properties containing 16 million square feet across six major coastal U.S. markets &#8211; Seattle, the San Francisco Bay Area, Los Angeles, Miami, Washington D.C., and Northern New Jersey / New York City.
Terreno currently pays a quarterly dividend of $0.45 per share, equating to an annualized dividend of $1.80 per share and giving its stock a yield of about 2.87% at the time of this writing.&nbsp;
While its yield is not eye-popping, it's important to note that Terreno has raised its dividend at a compound annual growth rate of 12.5% since its 2011 initiation, making it a quality dividend-growth stock.
<h2 class="wp-block-heading">Don't Miss:</h2>
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<li>Investing in real estate just got a whole lot simpler. This<a href="https://www.benzinga.com/money/dara-khosrowshahi-backed-startup-lets-you-become-a-landlord-with-100"> Dara Khosrowshahi-backed startup</a> will allow you to become a landlord in just 10 minutes, and you only need $100.</li>
<li>Commercial real estate has historically outperformed the stock market, but few investors have the capital or resources needed to invest in this asset class. A platform backed by industry giant Marcus &amp; Millichap is changing that, <a href="https://www.benzinga.com/money/marcus-millichap-backed-platform-makes-it-easy-to-invest-in-real-estate">allowing individuals to invest in commercial real estate with as little as $5,000.&nbsp;</a></li>
</ul>
<h2 class="wp-block-heading">LXP Industrial Trust</h2>
LXP Industrial Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LXP#NYSE">LXP</a>) owns and manages a portfolio of 110 warehouse and distribution properties containing over 52 million square feet across growth markets in the Sunbelt and Lower Midwest regions, including Phoenix, Atlanta, Memphis, Houston, Nashville, and Chicago. It's also worth noting that LXP counts Amazon as one of its largest tenants with a total of six leases.&nbsp;
LXP currently pays a quarterly dividend of $0.13 per share, equating to an annualized dividend of $0.52 per share and giving its stock a yield of about 6.03% at the time of this writing. The company has also raised its annual dividend for four consecutive years and is on pace for 2024 to mark the fifth consecutive year with an increase, making it both a high-yield and dividend-growth stock.
<h2 class="wp-block-heading">&nbsp;Read Next:</h2>
<ul>
<li>Commercial real estate has historically outperformed the stock market, but few investors have the capital or resources needed to invest in this asset class. A platform backed by industry giant Marcus &amp; Millichap is changing that, <a href="https://www.benzinga.com/money/marcus-millichap-backed-platform-makes-it-easy-to-invest-in-real-estate">allowing individuals to invest in commercial real estate with as little as $5,000.&nbsp;</a></li>
<li>Collecting passive income from real estate just got a whole lot simpler. A new <a href="https://www.benzinga.com/money/dara-khosrowshahi-backed-startup-lets-you-become-a-landlord-with-100">real estate fund backed by Dara Khosrowshahi</a> gives you instant access to a diversified portfolio of rental properties, and you only need $100 to get started.</li>
</ul>
Image Credit: Shutterstock

TRNO

2 Industrial REITs to Buy for Yield and Income in 2024

Offerings

LXP Industrial Trust Files For Mixed Shelf Offering; Size Not Disclosed

2024 EARNINGS&nbsp;GUIDANCE
LXP estimates that its net income attributable to common shareholders for the year ended December 31, 2024 will be within an expected range of&nbsp;$(0.02)&nbsp;to&nbsp;$0.02&nbsp;per diluted common share. LXP estimates its Adjusted Company FFO for the year ended December 31, 2024, will be within an expected range of&nbsp;$0.61&nbsp;to&nbsp;$0.65&nbsp;per diluted common share. This&nbsp;guidance&nbsp;is forward looking, excludes the impact of certain items and is based on current expectations.

LXP Industrial Trust For 2024 Expects EPS Of $(0.02)- $0.02 Vs. $(0.03) Est.; Sees Adjusted FFO Of $0.61-$0.65 Per Diluted Common Share

LXP Industrial Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LXP#NYSE">LXP</a>) reported quarterly adjsuted FFO of $0.17 per share. This is unchanged from the same period last year. The company reported quarterly sales of $82.96 million which missed the analyst consensus estimate of $83.83 million by 1.04 percent. This is a 2.28 percent increase over sales of $81.10 million the same period last year.

LXP Industrial Trust Q4 Adj. FFO $0.17, Same YoY, Sales $82.96M Miss $83.83M Estimate

LXP Industrial Trust ( ($LXP) ) has released its Q3 earnings. Here is a breakdown of the information LXP Industrial Trust presented to its investor...

LXP Industrial Trust Reports Solid Q3 2024 Results

Companies in the Real Estate sector have received a lot of coverage today as analysts weigh in on LXP Industrial Trust (LXP – Research Report), RLJ...

Analysts Conflicted on These Real Estate Names: LXP Industrial Trust (LXP), RLJ Lodging (RLJ) and Global Net Lease (GNL)

A Decisive Realignment

Sector Spotlight: Industrial REITs - Still A Real Estate Darling?

10 U.S. REITs, 4 Canadian REITs Boost Dividend Payments In November

Jefferies analyst Jonathan Petersen lowered the firm's price target on LXP Industrial Trust to $11 from $12 and keeps a Buy rating on the shares. T...

LXP Industrial Trust price target lowered to $11 from $12 at Jefferies

LXP Industrial: Great Assets, Great Dividend, But No Growth

LXP Industrial: Hidden Gem For Dividend Hunters And Long-Term Growth

Real estate stocks end in green when broader markets suffer the impact of trade war concerns

Real estate stocks end in green despite broader markets close lower on trade concerns

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Press Releases

LXP Industrial Trust Announces Beth Boulerice to Step Down as Chief Financial Officer and be Succeeded by Nathan Brunner

Dividends

LXP Industrial Trust Announces Quarterly Common Share Dividend

LXP Industrial Trust to Report Second Quarter 2024 Results and Host Conference Call July 31, 2024

LXP Industrial Trust Partners With Wunder to Deploy Solar at Chicago Property

LXP Industrial Trust Reports Second Quarter 2024 Results

LXP Industrial Trust to Report Third Quarter 2024 Results and Host Conference Call November 6, 2024

LXP Industrial Trust Reports Third Quarter 2024 Results

LXP Industrial Trust to Report Fourth Quarter 2024 Results and Host Conference Call February 13, 2025

General

LXP Industrial Trust Announces Final 2024 Dividend Allocation

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