La catena delle opzioni mostra i dati chiave delle opzioni azionarie di LXP Industrial Tr a vari prezzi di esercizio e date di scadenza. I trader utilizzano queste informazioni per analizzare potenziali operazioni e valutare il sentiment del mercato per LXP Industrial Tr..

LXP Industrial Tr (NYSE:LXP) Azioni, Catena delle Opzioni

LXP INDUSTRIAL TRUST

LXP Industrial Tr

LXP Industrial Trust

LXP Industrial Trust is a real estate investment trust principally involved in the ownership of equity and debt investments in single-tenant properties and land throughout the United States. The majority of the revenue is earned through rental revenue.

Lexington Realty

LXP Industrial Trust Common Stock (Maryland REIT)

LXP Industrial Trust 6.5% Series C Cumulative Convertible Preferred Stock

U.S. stock futures were lower this morning, with the Dow futures falling more than 600 points on Wednesday.
Shares of Kura Sushi USA Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KRUS#NASDAQ">KRUS</a>) fell sharply in today's pre-market trading as the company posted <a href="https://www.benzinga.com/quote/KRUS/earnings">downbeat results for its second quarter.</a>
Kura Sushi USA reported a quarterly loss of 14 cents per share which missed the analyst consensus estimate of loss of 13 cents per share. The company reported quarterly sales of $64.89 million which missed the analyst consensus estimate of $64.91 million.
The company also said it sees FY25 total sales of $275 million to $279 million, versus market estimates of $280.741 million.
Kura Sushi shares fell 3.3% to $40.10 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
<ul>
<li>Enhabit Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EHAB#NYSE">EHAB</a>) share dipped 35.5% to $5.00 in today's pre-market trading.</li>
<li>CCC Intelligent Solutions Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCCS#NASDAQ">CCCS</a>) shares fell 34.8% to $5.40 in pre-market trading.</li>
<li>Smith Douglas Homes Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SDHC#NYSE">SDHC</a>) declined 32.5% to $12.00 in pre-market trading after dipping 10% on Tuesday.</li>
<li>Donegal Group Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DGICA#NASDAQ">DGICA</a>) declined 27.3% to $13.10 in pre-market trading. Donegal Group will release its results for first quarter on Thursday, April 24, before the opening bell.</li>
<li>Ambac Financial Group Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMBC#NYSE">AMBC</a>) fell 24.1% to $5.00 in pre-market trading.</li>
<li>Ramaco Resources Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/METCB#NASDAQ">METCB</a>) shares dipped 22.6% to $5.00 in pre-market trading.</li>
<li>LXP Industrial Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LXP#NYSE">LXP</a>) fell 17.7% to $5.94 in pre-market trading. LXP Industrial Trust will release its first quarter financial results on Thursday, May 1.</li>
<li>Repay Holdings Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RPAY#NASDAQ">RPAY</a>) declined 15% to $4.23 in pre-market trading.</li>
<li>Neuropace Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NPCE#NASDAQ">NPCE</a>) declined 11.7% to $9.80 in pre-market trading following a 10% fall in the previous session.</li>
<li>Inventrust Properties Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVT#NYSE">IVT</a>) fell 9.9% to $23.41 in pre-market trading. InvenTrust Properties will report its first quarter earnings results on April 30, after the market closes.</li>
<li>Kinetik Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNTK#NYSE">KNTK</a>) fell 7.2% to $39.00 in pre-market trading.</li>
<li>Cal-Maine Foods Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CALM#NASDAQ">CALM</a>) fell 4% to $86.78 in pre-market trading after the company reported worse-than-expected third-quarter revenue results. Additionally, the company announced the acquisition of Echo Lake Foods for approximately $258 million and stated it is cooperating with a civil investigative demand by the DOJ into the nationwide increase in egg prices.</li>
</ul>
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Kura Sushi Posts Downbeat Results, Joins Cal-Maine Foods And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

Shares of Venus Concept Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VERO#NASDAQ">VERO</a>) rose sharply in today's pre-market trading after the company announced it secured $23.24 million in bridge financing from <a href="https://www.benzinga.com/quote/vero">Madryn Health Partners</a>.
Venus Concept shares jumped 201% to $8.67 in pre-market trading
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Femto Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FMTO#NASDAQ">FMTO</a>) rose 95.7% to $5.50 in pre-market trading after gaining around 390% on Tuesday.</li>
<li>Scworx Corp (NASDA: WORX) rose 70.8% to $1.36 in pre-market trading after gaining 7% on Tuesday.</li>
<li>Flushing Financial Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIC#NASDAQ">FFIC</a>) surged 53.1% to $17.00 in pre-market trading.</li>
<li>TNL Mediagene (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TNMG#NASDAQ">TNMG</a>) gained 37.1% to $0.73 in pre-market.</li>
<li>Webster Financial Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WBS#NYSE">WBS</a>) rose 36.4% to $56.99 in pre-market trading.</li>
<li>Antelope Enterprise Holdings Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEHL#NASDAQ">AEHL</a>) rose 30.6% to $2.85 in pre-market trading after dipping over 15% on Tuesday.</li>
<li>Viper Energy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VNOM#NASDAQ">VNOM</a>) gained 25.7% to $46.00 in pre-market trading.</li>
<li>Bit Origin Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTOG#NASDAQ">BTOG</a>) gained 23.7% to $0.18 in pre-market trading after gaining 22% on Tuesday.</li>
<li>Marsh &amp; McLennan Companies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMC#NYSE">MMC</a>) surged 17.8% to $260.00 in pre-market trading. On April 2, Marsh McLennan Agency announced the acquisition of Arthur Hall Insurance.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Vincerx Pharma Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VINC#NASDAQ">VINC</a>) fell 54.1% to $0.25 in pre-market trading. Vincerx Pharma disclosed that it has terminated previously announced non-binding Letter of Intent with Global Digital Holdings regarding a potential merger.</li>
<li>Cartesian Therapeutics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RNAC#NASDAQ">RNAC</a>) shares tumbled 37% to $6.00 in pre-market trading. Cartesian Therapeutics, on Tuesday, reported 12-month data for lead cell therapy in myasthenia gravis patients.</li>
<li>Enhabit Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EHAB#NYSE">EHAB</a>) fell 35.5% to $5.00 in today's pre-market trading.</li>
<li>CCC Intelligent Solutions Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCCS#NASDAQ">CCCS</a>) shares dipped 34.8% to $5.40 in pre-market trading.</li>
<li>Smith Douglas Homes Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SDHC#NYSE">SDHC</a>) fell 32.5% to $12.00 in pre-market trading after dipping 10% on Tuesday.</li>
<li>Incannex Healthcare Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IXHL#NASDAQ">IXHL</a>) shares fell 29% to $0.60 in pre-market trading after surging 70% on Tuesday.</li>
<li>SaverOne 2014 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SVRE#NASDAQ">SVRE</a>) shares fell 28.2% to $2.59 in pre-market trading after gaining 11% on Tuesday.</li>
<li>Donegal Group Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DGICA#NASDAQ">DGICA</a>) fell 27.3% to $13.10 in pre-market trading. Donegal Group will release its results for first quarter on Thursday, April 24, before the opening bell.</li>
<li>Ambac Financial Group Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMBC#NYSE">AMBC</a>) declined 24.1% to $5.00 in pre-market trading.</li>
<li>LXP Industrial Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LXP#NYSE">LXP</a>) dipped 17.7% to $5.94 in pre-market trading. LXP Industrial Trust will release its first quarter financial results on Thursday, May 1.</li>
</ul>
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</ul>
Photo via Shutterstock

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JMP Securities analyst Mitch Germain reiterates LXP Industrial Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LXP#NYSE">LXP</a>) from Market Perform to Market Perform.

Reiteration

Analyst Ratings

JMP Securities Reiterates Market Perform on LXP Industrial Trustto Market Perform

LXP Industrial Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LXP#NYSE">LXP</a>) reported quarterly earnings of $0.16 per share which beat the analyst consensus estimate of $0.15 by 6.67 percent. This is a 5.88 percent decrease over earnings of $0.17 per share from the same period last year. The company reported quarterly sales of $100.851 million which beat the analyst consensus estimate of $83.837 million by 20.29 percent. This is a 21.57 percent increase over sales of $82.956 million the same period last year.

Earnings

Earnings Beats

LXP Industrial Trust Q4 2024 FFO $0.16 Beats $0.15 Estimate, Sales $100.851M Beat $83.837M Estimate

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KNSL

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LGCY

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Earnings Scheduled For February 13, 2025

On January 6, a substantial insider purchase was made by Wilson T Eglin, Chairman at LXP Industrial Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LXP#NYSE">LXP</a>), as per the latest SEC filing.
What Happened: In a recent Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000910108/000144483825000013//Archives/edgar/data/910108/000144483825000013/0001444838-25-000013-index.htm">U.S. Securities and Exchange Commission</a> on Monday, Eglin increased their investment in LXP Industrial Trust by purchasing 719,106 shares through open-market transactions, signaling confidence in the company's potential. The total transaction value is $5,760,039.
LXP Industrial Trust shares are trading up 1.12% at $8.15 at the time of this writing on Monday morning.
<h3>Unveiling the Story Behind LXP Industrial Trust</h3>
LXP Industrial Trust is a real estate investment trust principally involved in the ownership of equity and debt investments in single-tenant properties and land throughout the United States. Majority of the revenue is earned through rental revenue.
<h3>LXP Industrial Trust: A Financial Overview</h3>
Revenue Growth: LXP Industrial Trust displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 0.17%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Real Estate sector.
Holistic Profitability Examination:
<ul>
<li>
Gross Margin: The company faces challenges with a low gross margin of 25.91%, suggesting potential difficulties in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): LXP Industrial Trust's EPS is below the industry average. The company faced challenges with a current EPS of 0.02. This suggests a potential decline in earnings.
</li>
</ul>
Debt Management: LXP Industrial Trust's debt-to-equity ratio surpasses industry norms, standing at 0.73. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
Valuation Analysis:
<ul>
<li>
Price to Earnings (P/E) Ratio: LXP Industrial Trust's current Price to Earnings (P/E) ratio of 134.33 is higher than the industry average, indicating that the stock may be overvalued according to market sentiment.
</li>
<li>
Price to Sales (P/S) Ratio: The P/S ratio of 6.9 is lower than the industry average, implying a discounted valuation for LXP Industrial Trust's stock in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): A high EV/EBITDA ratio of 39.19 positions the company as being more valued compared to industry benchmarks.
</li>
</ul>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
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<h3>Why Insider Transactions Are Important</h3>
While insider transactions should not be the sole basis for making investment decisions, they can play a significant role in an investor's decision-making process.
Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
<h3>Understanding Crucial Transaction Codes</h3>
When it comes to transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S indicates a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000910108">Check Out The Full List Of LXP Industrial Trust's Insider Trades.</a>
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Eye On Growth: Wilson T Eglin Adds $5.76M Of LXP Industrial Trust Stock To Portfolio

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi">RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3 class="wp-block-heading">Equity Commonwealth (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQC#NYSE">EQC</a>)</h3>
<ul>
<li>On Nov. 26, Equity Commonwealth completed the sale of 1250 H Street. The company's stock fell around 91% over the past month and has a <a href="https://www.benzinga.com/quote/EQC">52-week low of $1.40</a>.</li>
<li>RSI Value: 5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>EQC Price Action: Shares of Equity Commonwealth fell 1.7% to close at $1.74 on Monday.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122424&amp;t=be2bearmibe3na1">latest EQC news</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122424&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="878" height="782" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24083110/image-196.png" alt="" class="wp-image-705981" style="width:670px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24083110/image-196.png 878w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24083110/image-196-300x267.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24083110/image-196-768x684.png 768w" sizes="(max-width: 878px) 100vw, 878px" /></a></figure>
<h3 class="wp-block-heading">Wheeler Real Estate Investment Trust Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WHLR#NASDAQ">WHLR</a>)</h3>
<ul>
<li>On Nov. 15, Wheeler Real Estate Investment Trust announced a 1-for-2 reverse stock split. The company's stock fell around 52% over the past month and &lt;a href=&#8221;https://www.benzinga.com/quote/WHLR&#8221;&gt;&lt;em&gt; has a 52-week low &lt;/em&gt;&lt;/a&gt; of $3.75.</li>
<li>RSI Value: 24</li>
<li>WHLR Price Action: Shares of Wheeler Real Estate Investment Trust closed at $4.05 on Monday.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122424&amp;t=be2bearmibe3na1">trend in WHLR stock</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122424&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="921" height="821" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24083138/image-197.png" alt="" class="wp-image-705982" style="width:665px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24083138/image-197.png 921w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24083138/image-197-300x267.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24083138/image-197-768x685.png 768w" sizes="(max-width: 921px) 100vw, 921px" /></a></figure>
<h3 class="wp-block-heading">LXP Industrial Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LXP#NYSE">LXP</a>)</h3>
<ul>
<li>On Nov. 6, LXP Industrial Trust reported better-than-expected third-quarter financial results. T. Wilson Eglin, Chairman and Chief Executive Officer of LXP, commented &#8220;We posted strong third-quarter results with same-store NOI growth of 5.4% driven by 39.1% cash rental increases on second generation leases completed through September 30, 2024. We made progress on development leasing, executing a five-year lease at our 250,000 square foot development project in Columbus with a development yield of 8.5% and 3.5% annual rental increases." The company's stock fell around 12% over the past month and has a 52-week <a href="https://www.benzinga.com/quote/LXP">low of $8.08</a>.</li>
<li>RSI Value: 29</li>
<li>LXP Price Action: Shares of LXP Industrial Trust fell 0.5% to close at $8.28 on Monday.</li>
<li>Benzinga Pro&#8217;s signals feature notified of a potential <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122424&amp;t=be2bearmibe3na1">breakout in LXP shares</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122424&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="877" height="845" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24083244/image-198.png" alt="" class="wp-image-705983" style="width:697px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24083244/image-198.png 877w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24083244/image-198-300x289.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24083244/image-198-768x740.png 768w" sizes="(max-width: 877px) 100vw, 877px" /></a></figure>
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LXP Industrial Trust shares are trading higher after the company reported better-than-expected Q3 financial results.

2024 EARNINGS GUIDANCE
LXP now estimates that its net income attributable to common shareholders for the year ended December 31, 2024 will be within an expected range of $0.14 to $0.15 per diluted common share. LXP is tightening its estimated Adjusted Company FFO for the year ended December 31, 2024, to be within an expected range of $0.63 to $0.64 per diluted common share. This guidance is forward looking, excludes the impact of certain items and is based on current expectations.

Guidance

LXP Industrial Trust Narrows FY24 AFFO Guidance from $0.62-$0.65 to $0.63-$0.64 vs $0.63 Est

LXP Industrial Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LXP#NYSE">LXP</a>) reported quarterly earnings of $0.16 per share which met the analyst consensus estimate. This is a 11.11 percent decrease over earnings of $0.18 per share from the same period last year. The company reported quarterly sales of $85.57 million which beat the analyst consensus estimate of $84.98 million by 0.69 percent. This is a 0.17 percent increase over sales of $85.42 million the same period last year.

LXP Industrial Trust Q3 AFFO $0.16, Inline, Sales $85.57M Beat $84.98M Estimate

Evercore ISI Group analyst Sheila McGrath maintains LXP Industrial Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LXP#NYSE">LXP</a>) with a In-Line and raises the price target from $10 to $11.

Price Target

Evercore ISI Group Maintains In-Line on LXP Industrial Trust, Raises Price Target to $11

Evercore ISI Group analyst Sheila McGrath maintains LXP Industrial Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LXP#NYSE">LXP</a>) with a In-Line and raises the price target from $9 to $10.

Evercore ISI Group Maintains In-Line on LXP Industrial Trust, Raises Price Target to $10

LXP Industrial Trust Tightens FY24 Estimated Adjusted Company FFO Per Share From $0.61 - $0.65 To $0.62 - $0.65, Est $0.63

LXP Industrial Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LXP#NYSE">LXP</a>) reported quarterly AFFO of $0.16 per share which met the analyst consensus estimate. This is a 11.11 percent decrease over earnings of $0.18 per share from the same period last year. The company reported quarterly sales of $85.786 million which beat the analyst consensus estimate of $85.036 million by 0.88 percent. This is a 1.45 percent decrease over sales of $87.050 million the same period last year.

LXP Industrial Trust Q2 2024 AFFO $0.16, Inline, Sales $85.786M Beat $85.036M Estimate

Chicago Atlantic Real Estate Finance (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/refi#NASDAQ">REFI</a>) stands out in the cannabis capital providers and mortgage REIT (mREIT) sectors due to its premium valuation, impressive dividend yield, and robust growth track record.
<a href="https://www.benzinga.com/topic/pablo-zuanic">Pablo Zuanic</a>, a senior equity analyst, noted in a recent report, &quot;Of the six publicly listed cannabis capital providers, five are NASDAQ listed, being NLCP (OTC: <a class="ticker" href="https://www.benzinga.com/stock/nlcp#OTC">NLCP</a>) the exception. However, some may not currently provide the right comp due to poor liquidity, size, and relative newness.&quot;
<h2>Performance And Valuation Comparison</h2>
REFI trades at a 3% premium to its book value, reflecting strong investor confidence in its growth prospects.
This stands in contrast to other cannabis capital providers such as AFC Gamma, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/afcg#NASDAQ">AFCG</a>), which trades at a 20% discount to its book value, and Innovative Industrial Properties Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/iipr#NASDAQ">IIPR</a>), which trades at a 57% premium. Its consistent performance and strategic management justify REFI&rsquo;s premium.
<h3>Dividend Yield</h3>
One of REFI&rsquo;s most attractive features is its 12.2% dividend yield. This is significantly higher than its peers, with AFCG offering a 15.8% yield and IIPR at 6.8%.
The high dividend yield, combined with a solid dividend coverage ratio of 117% over the last five quarters, underscores REFI&rsquo;s ability to generate stable returns for investors.
Additionally, REFI&rsquo;s yield is bolstered by special cash dividends paid in the past two December, contributing to an annualized dividend yield of 14.1%.
&quot;AFCG, SHFS (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/shfs#NASDAQ">SHFS</a>), and SSIC (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ssic#NASDAQ">SSIC</a>) trade at close to a 20% discount to book value, while NLCP now trades at par,&quot; Zuanic continued. &quot;IIPR trades at a 57% premium, according to FactSet. In terms of dividend yield, AFCG is the outlier at close to 16%, followed by REFI at 12.2% (IIPR over 6%; NCLP 8.7% taking the latest DPS of 43 cents; SSIC 8.7%),&rdquo; Zuanic wrote.
Read Also:&nbsp;<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39392754/brick-and-mortar-investments-build-cash-flow-and-11-price-uptick-for-this-cannabis-">Brick-And-Mortar Investments Build Cash Flow And 11% Price Uptick For This Cannabis Stock</a>
<h3>Leverage And Risk Management</h3>
REFI&#39;s leverage ratio increased to 28% in March 2024 from 14% a year earlier, indicating its strategic use of debt to fuel growth.
Despite the increase in leverage, REFI maintains a conservative risk profile, with 60% of its loan book rated in the top two risk categories. This disciplined approach to risk management further enhances its appeal to investors.
<h3>Growth Track Record</h3>
According to Zuanic, REFI&rsquo;s growth track record is another distinguishing factor. Despite the overall market volatility, the company&#39;s loan book increased by about $50 million year-over-year to $376 million by the end of March 2024.
This growth is supported by a diverse portfolio spread across 15 states, with significant exposure in Michigan, Maryland, and Florida.
<h3>Market Position And Outlook</h3>
In the broader context, mREITs have generally underperformed, with most trading at significant discounts to book value and offering dividend yields in the mid to high teens.
However, REFI&#39;s stronger growth track record, higher yield-to-maturity, and the potential for better growth opportunities in the cannabis sector explain its relative premium.
For Zuanic, its strategic management and conservative risk approach provide a stable foundation for continued investor confidence and attractive returns.
<h2>Top Stock Performers In The Last 12 Months</h2>
In addition, Zuanic provided stock performance data from FactSet.
<h3>Industrial REITs And Lenders To The Cannabis Industry</h3>
<ul>
<li>Innovative Industrial Properties Inc (IIPR): 47%</li>
<li>NewLake Capital Partners, Inc. (NLCP): 44%</li>
<li>Silver Spike Investment Corp. (SSIC): 38%</li>
<li>Industrial Logistics Properties Trust (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ilpt#NASDAQ">ILPT</a>): 12%</li>
<li>LXP Industrial Trust (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lxp#NYSE">LXP</a>): 8%</li>
</ul>
<h3>Top MSO Stock Performers In The Last 12 Months</h3>
<ul>
<li>Grown Rogue International Inc. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/grusf#OTC">GRUSF</a>): 221%</li>
<li>Goodness Growth Holdings, Inc. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/gdnsf#OTC">GDNSF</a>): 185%</li>
<li>Trulieve Cannabis Corp. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/tcnnf#OTC">TCNNF</a>): 133%</li>
<li>Ayr Wellness Inc. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/ayrwf#OTC">AYRWF</a>): 118%</li>
<li>Glass House Brands Inc. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/glasf#OTC">GLASF</a>): 115%</li>
</ul>
<h3>Top Canadian LP Stock Performers In The Last 12 Months</h3>
<ul>
<li>Nova Cannabis Inc. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/nvacf#OTC">NVACF</a>): 97%</li>
<li>High Tide (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hiti#NASDAQ">HITI</a>): 72%</li>
<li>Canopy Growth Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cgc#NASDAQ">CGC</a>): 61%</li>
<li>Cresco Labs Inc. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/crlbf#OTC">CRLBF</a>): 46%</li>
<li>SNDL (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sndl#NASDAQ">SNDL</a>): 37%</li>
</ul>
Read Next:&nbsp;<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39323795/cannabis-property-funds-control-over-4-5b-are-investors-missing-out-on-high-dividen">Cannabis Property Funds Control Over $4.5B: Are Investors Missing Out On High Dividend Stocks?</a>
These issues will be a hot topic&nbsp;at the upcoming Benzinga Cannabis Capital Conference in Chicago this Oct. 8-9. Join us to get more insight into what the wave of weed legalization means for the future of investing in the&nbsp;industry. Hear directly from top executives, investors, advocates, and policymakers.&nbsp;<a href="https://www.eventbrite.com/e/benzinga-capital-conference-cannabis-fall-2024-tickets-858948065787?aff=oddtdtcreator" rel="noreferrer noopener" target="_blank">Get your tickets now</a>&nbsp;before prices go up by following&nbsp;<a href="https://www.eventbrite.com/e/benzinga-capital-conference-cannabis-fall-2024-tickets-858948065787?aff=oddtdtcreator" rel="noreferrer noopener" target="_blank">this link</a>.
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Chicago Atlantic Real Estate Finance's Stock Valuation & Dividend Yield Are Leaving Competitors Behind

Jefferies analyst Jonathan Petersen maintains LXP Industrial Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LXP#NYSE">LXP</a>) with a Buy and raises the price target from $11 to $12.

Jefferies Maintains Buy on LXP Industrial Trust, Raises Price Target to $12

LXP also announced that Nathan Brunner has been appointed Executive Vice President of Capital Markets, effective September 1, 2024, and will assume the roles of CFO and Treasurer upon Boulerice&#39;s transition.

Management

LXP Industrial Trust Says Beth Boulerice Will Step Down From Her Roles As CFO And Treasurer, Effective March 1, 2025; To Be Succeeded By Nathan Brunner

Industrial <a href="https://www.benzinga.com/alternative-investments/real-estate">real estate</a> investment trusts (REITs) own and manage income-generating industrial properties, such as warehouses, distribution centers, logistics facilities, and manufacturing plants. Industrial REITs generate income by leasing the properties.
Investors in industrial REITs can benefit from the demand for space in the logistics and manufacturing sectors. The growth of e-commerce and the need for efficient supply chain management have contributed to the growth of the space in recent years. Similar to other REITs, industrial REITs are required to distribute a significant portion of their income to shareholders in the form of dividends.
If you&#8217;re interested in investing in industrial REITs, here are two you could buy today.
<h2 class="wp-block-heading">LXP Industrial Trust</h2>
LXP Industrial Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LXP#NYSE">LXP</a>) owns and manages a portfolio of <a href="https://s28.q4cdn.com/666463615/files/doc_financials/2024/q1/LXPQ1Q2024InvestorPPT_05022024.pdf">115</a> warehouse and distribution properties containing approximately 56.9 million square feet across growth markets in the Sunbelt and Lower Midwest regions, including Phoenix, Atlanta, Memphis, Houston, Nashville, and Chicago. It's also worth noting that LXP counts Amazon as one of its largest tenants.
<h2 class="wp-block-heading">Don't Miss:</h2>
<ul>
<li>Only 0.2% of single-family rentals make this platform's rigorous cut. You can co-invest in them <a href="https://www.benzinga.com/money/bezos-landlord-100-dollars">with Jeff Bezos and other notable investors for only $100</a>.</li>
<li>Want to Create a Passive Income Stream? <a href="https://www.benzinga.com/real-estate/23/05/32554601/want-to-grow-your-wealth-passively-these-high-yield-real-estate-notes-might-be-your-holy-grail">These High-Yield Real Estate Notes Might Be Your Holy Grail</a> </li>
</ul>
LXP currently pays a quarterly dividend of $0.13 per share, equating to an annualized dividend of $0.52 per share, which gives its stock a yield of about 5.9% at the time of this writing.&nbsp;
In addition to being a high-yielder, LXP is an up-and-coming dividend-growth star. It has raised its annual dividend for four consecutive years, and its recent hike has it on pace for 2024 to mark the fifth consecutive year with an increase.
<h2 class="wp-block-heading">Innovative Industrial Properties</h2>
Innovative Industrial Properties Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IIPR#NYSE">IIPR</a>) acquires, owns, and manages specialized properties leased to cannabis companies. Its portfolio consists of <a href="https://investors.innovativeindustrialproperties.com/~/media/Files/I/IIP-IR-V2/reports-and-presentations/iipr-investor-presentation-3-4-2024.pdf">108</a> properties across 19 U.S. states, including both industrial and retail properties.
Innovative Industrial Properties currently pays a quarterly dividend of $1.82 per share, equating to an annualized dividend of $7.28 per share, which gives its stock a yield of about 6.95% at the time of this writing.
Like LXP, Innovative Industrial Properties also has a track record of dividend growth. It has raised its annual dividend payment each year since its initial public offering in 2016, putting it on pace for 2024 to mark the 8th consecutive year with an increase.
<h2 class="wp-block-heading">Read Next:</h2>
<ul>
<li>Commercial real estate has historically outperformed the stock market, but few investors have the capital or resources needed to invest in this asset class. This platform <a href="https://www.benzinga.com/money/marcus-millichap-backed-platform-makes-it-easy-to-invest-in-real-estate">allows individuals to invest in commercial real estate with as little as $5,000. </a></li>
<li>This Bezos-backed startup selects America's prime single-family rentals and then <a href="https://www.benzinga.com/money/bezos-landlord-100-dollars">lets you invest in them</a> starting from $100. </li>
</ul>
Image Credit: Shutterstock

These Industrial REITs Yield Over 5% and Have Track Records of Dividend Growth

2024&nbsp;EARNINGS&nbsp;GUIDANCE
LXP now estimates that its net income attributable to common shareholders for the year ended December 31, 2024 will be within an expected range of&nbsp;$0.08&nbsp;to&nbsp;$0.12&nbsp;per diluted common share. LXP is affirming its expectation that Adjusted Company FFO for the year ended December 31, 2024, will be within a range of&nbsp;$0.61&nbsp;and&nbsp;$0.65&nbsp;per diluted common share. This&nbsp;guidance&nbsp;is forward looking, excludes the impact of certain items and is based on current expectations.

LXP Industrial Trust For 2024 Expects EPS Of $0.08-$0.12 (Prior $(0.02)- $0.02); Sees Adjusted FFO Of $0.61-$0.65 Per Diluted Common Share Vs. Consensus Of $0.63

Press Releases

LXP Industrial Trust Partners With Wunder to Deploy Solar at Chicago Property

LXP Industrial Trust Reports Second Quarter 2024 Results

Dividends

LXP Industrial Trust Announces Quarterly Common Share Dividend

LXP Industrial Trust to Report Third Quarter 2024 Results and Host Conference Call November 6, 2024

LXP Industrial Trust Reports Third Quarter 2024 Results

LXP Industrial Trust to Report Fourth Quarter 2024 Results and Host Conference Call February 13, 2025

General

LXP Industrial Trust Announces Final 2024 Dividend Allocation

LXP Industrial Trust Reports Fourth Quarter 2024 Results

LXP Industrial Trust to Report First Quarter 2025 Results and Host Conference Call May 1, 2025

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