LXP Industrial Trust (LXP)
LXP Industrial Trust operates in the REIT - Industrial industry of the Real Estate sector, headquartered in West Palm Beach, FL, US. The stock last traded at $60.70, up 0.07% on the session, giving a market capitalisation of $3.58B. On trailing twelve-month figures it carries a trailing P/E of 60.58, a net margin of 18.6%. Its beta of 1.05 implies it has historically moved more than the broad market.
LXP Industrial Trust, identified by its NYSE ticker LXP, functions as a publicly traded real estate investment trust (REIT). Its core holdings encompass a nationwide portfolio of industrial properties, primarily consisting of equity stakes in single-tenant assets under net-lease agreements. The trust is actively engaged in expanding its industrial property footprint through a variety of strategies, including custom build-to-suit developments, sale-leaseback arrangements, and direct acquisitions.
LXP Industrial Trust is most often compared with the following Real Estate names: