How to Buy Lxp Industrial Trust Stock
Lxp Industrial Trust
Lxp Industrial Trust is a industrial REIT company located in New York, United States, which is part of the Real Estate sector, and is traded under the ticker LXP on the NYSE exchange.
Lxp Industrial Trust stock last closed at $8.58, up 1.3% from the previous day, and has decreased 11.09% in one year. It has underperformed other stocks in the REIT - Industrial industry by 0.02 percentage points. Lxp Industrial Trust stock is currently +10.71% from its 52-week low of $7.75, and -20.19% from its 52-week high of $10.75.
There are currently 294.29M LXP shares outstanding. The market capitalization of LXP is $2.53B. In the last 24 hours, 5.07M LXP shares were traded.
How to Buy Lxp Industrial Trust Stock
Not sure how to invest in Lxp Industrial Trust stock? Here's how.
- Decide where to buy Lxp Industrial Trust stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Lxp Industrial Trust stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Select your payment method and add your details.
- Research Lxp Industrial Trust stock: The Lxp Industrial Trust ticker symbol is LXP. Is Lxp Industrial Trust stock a good investment? Should you buy shares of LXP? How do LXP's underlying business fundamentals look? Do top analysts think Lxp Industrial Trust is a good buy? Why has LXP's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if LXP is a good stock to buy).
- Execute your LXP buy order: Decide if you will purchase LXP shares at the current market price or use a limit order to purchase LXP stock at a specific price.
- Get notifications regarding your investment in LXP: Create a watchlist to get live updates on your position in Lxp Industrial Trust shares.
Step 1: Decide where to buy Lxp Industrial Trust stock
You need a brokerage account to access the NYSE market and buy LXP stock.
Our preferred brokerage: eToro
We believe that eToro is the best place to buy stocks. eToro gives you:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to global markets: From Tech to Healthcare, New York to Hong Kong — you can fill your portfolio with stocks from the world's leading exchanges.
- Social investing: eToro boasts a community of more than 20 million users globally. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by creating an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal information so you are able to invest in LXP stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to create your new brokerage account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have finished signing up on the best app for stock investing, you need to deposit funds:
Watch the tutorial below to see the process of transferring money into your investment account.
Step 4: Research Lxp Industrial Trust stock
After you have figured out the best place to buy Lxp Industrial Trust stock, it's very important to research their stock prior to investing, so you actually comprehend the risk as well as the opportunity.
Lxp Industrial Trust stock at a glance
Fundamentals of LXP
WallStreetZen was created to help part-time investors perform more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on LXP's stock page.
Is LXP stock undervalued or overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge LXP's intrinsic value.
Using relative valuations measures:
- LXP could be overvalued based on its P/E ratio of 107.25x, relative to REIT - Industrial industry P/E ratio of 28.15x
- LXP may be undervalued based on its P/B ratio of 1.13x, relative to REIT - Industrial industry P/B ratio of 2.03x
- LXP may be undervalued based on its PEG ratio of 0.83x
You can do additional valuation research on LXP's stock here.
LXP Financials at a glance
Positive Financial Indicators:
- Total LXP debt is lower than 5 years ago, relative to shareholder equity.
Negative Financial Indicators:
- LXP's operating cash flow of $209.45M allows it to safely service it's debt of $1.79B.
- LXP has a relatively high debt to equity ratio of 0.86.
- LXP earnings of $77.48M is not sufficient to cover its interest payments.
- LXP profit margin has gone down from 33.4% to 7% in the past year.
Do Wall Street analysts think it's a good time to buy LXP stock
Out of 1 Equities analysts who give recommendations on LXP, the consensus analyst rating on Lxp Industrial Trust is a Strong Buy
Please note that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Lxp Industrial Trust stock forecast page.
LXP Trading Indicators
LXP Revenue
Last year, LXP earnings were $23.86M. Over the last five year, LXP's earnings have increased by -38.78% per year. This was slower than the REIT - Industrial industry average of 6.88%.
Last year, LXP revenue was $340.50M. Over the past five year, LXP's revenue has increased by -3.02% per year. This was slower than the REIT - Industrial industry average of 18.67%.
Dive into LXP's earnings and revenue performance here.
Latest Insiders Trades at LXP
Over the past year, insiders at LXP have bought more shares than they have sold.
Lawrence L. Gray, Director of LXP, was the latest LXP insider to buy. They bought $29,997.00 worth of LXP shares on Apr 5, 2024.
Dig into more about who owns LXP stock here.
Does LXP provide a stable income stream?
Lxp Industrial Trust pays a dividend of 5.94%, compared to the REIT - Industrial industry's average dividend yield of 4.27%. If you owned $1,000 of LXP stock, you would have been paid $59.44 in the past 12 months.
Lxp Industrial Trust dividend payments have not consistently grown over the past decade and have not remained stable.
Find more data about Lxp Industrial Trust dividend yield and history here.
Get analysis from other traders
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your LXP buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine for most investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount limit, use a limit order.
Hit the Open button and your broker will place your order.
If you require additional help investing in stocks on eToro, click the how to video below:
Step 6: Get notifications regarding your investment in LXP
Now that you own some LXP stock, you'll want to keep up with your new company.
Put LXP on a watchlist to track your LXP stock.
LXP Feed
How to Buy Stock in Lxp Industrial Trust
To reiterate, here are the 6 steps you need to take to buy Lxp Industrial Trust stock right now:
- Decide where to buy Lxp Industrial Trust stock
- Open a brokerage account
- Deposit funds into your investment account
- Research Lxp Industrial Trust stock
- Execute your LXP buy order
- Get notifications regarding your investment in LXP
If you require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep an eye on your investment in Lxp Industrial Trust, click below.
Related "How To" Guides
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.