How to Buy Lxp Industrial Trust Stock
Lxp Industrial Trust
Lxp Industrial Trust is a diversified 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 $10.59, up 1.92% from the previous day, and has decreased 8.31% in one year. It has overperformed other stocks in the REIT - Diversified industry by 0.23 percentage points. Lxp Industrial Trust stock is currently +20.2% from its 52-week low of $8.81, and -11.16% from its 52-week high of $11.92.
There are currently 292.58M LXP shares outstanding. The market capitalization of LXP is $3.10B. In the last 24 hours, 1.87M 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.
- Enter your personal data to create your new brokerage account.
- Submit your info by pressing the "Create Account" button.
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 27.87x, relative to REIT - Diversified industry P/E ratio of 19.06x
- LXP may be overvalued based on its P/B ratio of 1.33x, relative to REIT - Diversified industry P/B ratio of 1.26x
- LXP may be undervalued based on its PEG ratio of 0.7x
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 $189.73M allows it to safely service it's debt of $1.51B.
- LXP has a relatively high debt to equity ratio of 0.71.
- LXP earnings of $161.36M is not sufficient to cover its interest payments.
- LXP profit margin has gone down from 104.1% to 33.1% 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.
Latest LXP Analyst Forecasts
Todd Thomas, a top 9% analyst from KeyBanc upgrades LXP to a strong buy rating and announces their LXP price target of $12.00, on May 15, 2023.
You can dive deeper into what analysts are forecasting on the Lxp Industrial Trust stock forecast page.
Metrics for Advanced LXP Traders
LXP Revenue
Last year, LXP earnings were $107.83M. During the last five year, LXP's earnings have grown by 33.39% per year. This was faster than the REIT - Diversified industry average of 5.73%.
Last year, LXP revenue was $326.04M. Over the last 5 year, LXP's revenue has gone up by -3.98% per year. This was slower than the REIT - Diversified industry average of 20.32%.
Dig into LXP's earnings and revenue performance here.
What are LXP executives and large shareholders up to?
Over the past year, executives and large shareholders at LXP have bought more shares than they have sold.
Richard Frary, Director of LXP, was the latest LXP insider to buy. They bought $29,997.19 worth of LXP shares on Apr 6, 2023.
Research more about who owns LXP shares here.
Does LXP stock generate passive income?
Lxp Industrial Trust pays a dividend of 4.63%, compared to the REIT - Diversified industry's average dividend yield of 6.75%. If you owned $1,000 worth of LXP stock, you would have received $46.27 in the past year.
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.
What do other traders have to say about LXP?
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your LXP buy order
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally fine. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount, place a limit order.
Click the Open button and your broker will place the order.
If you need additional assistance buying stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your investment in LXP
Now that you own some shares in LXP, you'll want to keep up with your stock purchase.
Start a watchlist to monitor your LXP stock.
LXP Feed
How to Buy Stock in Lxp Industrial Trust
To summarize, here are the 6 steps to buy stock in Lxp Industrial Trust:
- 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 are looking for a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to track your investment in Lxp Industrial Trust, hit the button below to create your watchlist.
Trending "How To" Guides
FAQ
Company
AboutBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeInformation 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.