LXP Industrial Trust Common Stock (Maryland REIT) (LXP)

FairStock Score: 36/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I seek durable cash flows, conservative balance sheets, and a price that compensates for uncertainty. LXP owns Class A warehouses in Sunbelt and lower Midwest markets, a sensible property type. But the filed record is troubling. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $969,000 and net income $55,000; diluted EPS was -$0.03. In fiscal Q1 2026, the quarter ended 2026-03-31, net income was -$239,000 and diluted EPS -$0.03. Fiscal 2025, ended 2025-12-31, showed revenue $4.1M, net income $113.2M and diluted EPS $1.82, figures that are difficult to reconcile with the latest quarters and negative EPS. FairStock's Lynch category is SLOW GROWER - Shrinking: profits down 9.2% a year over five years and revenue down 58.5%. The 4.60% dividend yield is the main attraction, but I cannot verify FFO/AFFO from the data; for a REIT, that is the correct lens, and it is absent. Price-to-book is 1.94, so this is not a bargain asset play. Debt/equity of 0.70 is moderate, and a Piotroski F-Score of 7/9 is decent, but Altman Z-Score of 0.88 signals financial stress, while EV/EBITDA of 36.18 and P/E of 61.63 are rich. At the close on 2026-10-13, the $61.01 price and 3.50% ROE show the market paying a lot for weak reported profitability. Without reliable REIT earnings measures, I would remain cautious.

In plain English: LXP Industrial Trust owns warehouses and distribution buildings, mainly in Sunbelt and lower Midwest markets. The business looks weak right now: reported profits are tiny, profits have shrunk over five years, and the stock looks expensive compared with its earnings and book value. The dividend is a positive, but the overall numbers do not point to a bargain.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer