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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 $10.04, down 0.2% from the previous day, and has decreased 3.37% in one year. It has underperformed other stocks in the REIT - Industrial industry by 0.09 percentage points. Lxp Industrial Trust stock is currently +29.55% from its 52-week low of $7.75, and -6.6% from its 52-week high of $10.75.

There are currently 294.31M LXP shares outstanding. The market capitalization of LXP is $2.95B. In the last 24 hours, 1.59M LXP shares were traded.

How to Buy Lxp Industrial Trust Stock

Not sure how to invest in Lxp Industrial Trust stock? Here's how.
  1. 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.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your investment account: Select your payment method and add your details.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that enables you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 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.

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  1. Submit your info by pressing the "Create Account" button.
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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.

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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

LXP Price
$10.04
1w %
3.19%
1y %
-3.37%
5y %
5.8%
P/E
251x
P/B
1.35x
P/S
8.56x
PEG
1.53x
Revenue
$341.68M
Earnings
$12.41M
Fore. Rev. Growth
7.06%
Fore. Earn. Growth
163.56%
Market Cap
$2.95B
Next Earnings
Jul 31, 2024
Next Dividend
N/A

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 251x, relative to REIT - Industrial industry P/E ratio of 34.14x
  • LXP may be undervalued based on its P/B ratio of 1.35x, relative to REIT - Industrial industry P/B ratio of 2.41x
  • LXP may be overvalued based on its PEG ratio of 1.53x

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 $210.82M allows it to safely service it's debt of $1.79B.
  • LXP has a relatively high debt to equity ratio of 0.89.
  • LXP earnings of $71.54M is not sufficient to cover its interest payments.
  • LXP profit margin has gone down from 33.1% to 3.6% 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

SMA10
9.78
SMA20
9.47
SMA50
9.01
SMA100
8.91
SMA200
8.91
MACD
0.32
MACD Signal
0.26
MACD Histogram
0.06
RSI
76.25
Stochastic %K
78.83
Stochastic %D
86.4
StochRSI %K
79.81
StochRSI %D
89.74

LXP Revenue

Last year, LXP earnings were $12.41M. Over the last five year, LXP's earnings have increased by -48.55% per year. This was slower than the REIT - Industrial industry average of 7.95%.

Last year, LXP revenue was $341.68M. Over the past five year, LXP's revenue has increased by -1.86% per year. This was slower than the REIT - Industrial industry average of 18.85%.

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 $29,998.43 worth of LXP shares on Jul 3, 2024.

Dig into more about who owns LXP stock here.

Does LXP provide a stable income stream?

Lxp Industrial Trust pays a dividend of 5.13%, compared to the REIT - Industrial industry's average dividend yield of 3.72%. If you owned $1,000 of LXP stock, you would have been paid $51.29 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.

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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.

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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:

  1. Decide where to buy Lxp Industrial Trust stock
  2. Open a brokerage account
  3. Deposit funds into your investment account
  4. Research Lxp Industrial Trust stock
  5. Execute your LXP buy order
  6. Get notifications regarding your investment in LXP

If you require a place to buy stocks, eToro is our recommended venue.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep an eye on your investment in Lxp Industrial Trust, click below.

NYSE: LXP
$10.04-0.02 (-0.2%)
Updated Jul 19, 2024
Open eToro Account
NYSE: LXP
$10.04-0.02 (-0.2%)
Updated Jul 19, 2024
Open eToro Account

FAQ

How much does it cost to buy one Lxp Industrial Trust share?

As of Jul 19, 2024, it costs $10.04 to buy one share of Lxp Industrial Trust stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $5, you can buy 0.498 shares of LXP.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Lxp Industrial Trust stock?

According to 1 Wall Street analysts who monitor Lxp Industrial Trust, their consensus recommendation is to buy Lxp Industrial Trust stock.

What is the best way to buy Lxp Industrial Trust stock?

One way to place an order for Lxp Industrial Trust stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information 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.