LXP Industrial: Great Assets, Great Dividend, But No Growth

Euro Invest
179 Followers
(13min)

Summary

  • Industrial REITs, including LXP Industrial, are trading at low valuations, with LXP offering a compelling 6.6% dividend yield, higher than the sector average.
  • LXP's portfolio focuses on large, single-tenant properties in the Sunbelt and Midwest, with a high occupancy.
  • LXP's revenue growth lags behind peers, and recent transactions do not suggest significant earnings growth for 2025.
  • LXP is a stable income play with a high dividend yield, but limited growth potential means this investment is not for everyone.

Industrial warehouse

Ross Tomei

Thesis

Industrial REITs are trading at some of their lowest valuations in years, and whilst almost all of their competitors currently offer compelling dividend yields, LXP Industrial Trust (NYSE:LXP) 6.6% yield exceeds the industrial REIT average of

This article was written by

179 Followers
Sleuthing undercovered companies across continents. Value and Income are critical to my contrarian investing thesis.I typically favor a shareholder-friendly management team.15+ years of researching the US and European markets.I am associated with BioCGT Investor, who is also an author on Seeking Alpha.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of STAG either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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