NEW YORK, Oct. 27, 2026 /PRNewswire/ -- AvePoint Inc. (NASD: AVPT) will replace LXP Industrial Trust (NYSE: LXP) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, November 2. Brookfield Asset Management Ltd.
LXP's revenue has been roughly flat between $85.9M and $90.8M over the last ten quarters, with the latest 4.5% sequential gain not yet confirming a durable growth inflection as the office disposition program continues.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue has hovered between $85.9M and $90.8M while NOI margin swung from -145.6% to 82.0%, a dispersion too wide to treat as a stable property-level profitability baseline.
LXP can lift rents on expiring leases by over 30%, with current in‑place rents 17% below market and upcoming expirations 30‑35% below market. The company reported a 5.2% same‑store revenue expansion in the latest quarter, beating full‑year growth expectations.
Net debt to adjusted EBITDA fell from 5.9x to 4.9x thanks to asset sales and debt repayment, bolstering financial flexibility. LXP holds investment‑grade ratings from S&P and Moody’s, supporting continued dividend growth.
93% of assets are Class A and 97% occupancy, concentrated in Sunbelt markets where supply is tight. This quality positioning underpins robust leasing momentum and future rent growth.
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 27, 2026 | $0.89+1171.4% vs $0.07 | $91M+4.2% vs $87M |
Q3 2026 Jul 29, 2026 | -$0.03-416.1% vs $0.01 | $87M+2.1% vs $85M |
Q2 2026 Apr 29, 2026 | -$0.03-1210.0% vs -$0.00 | $86M+5.4% vs $81M |
Q1 2026 Feb 12, 2026 | $0.46-45.9% vs $0.85 | $86M+4.0% vs $82M |
NEW YORK, Oct. 27, 2026 /PRNewswire/ -- AvePoint Inc. (NASD: AVPT) will replace LXP Industrial Trust (NYSE: LXP) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, November 2. Brookfield Asset Management Ltd.
WEST PALM BEACH, Fla., Oct. 26, 2026 (GLOBE NEWSWIRE) -- LXP Industrial Trust (NYSE: LXP) (“LXP” or “the Company”) today announced that its shareholders approved the acquisition of LXP by Brookfield Asset Management (NYSE: BAM, TSX: BAM) and Canada Pension Plan Investment Board at the Special Meeting of Shareholders held earlier today.
NYSE issues a pre-market daily advisory direct from the trading floor. NEW YORK, Oct. 19, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor.
Stag Industrial (NYSE: STAG - Get Free Report) and LXP Industrial Trust (NYSE: LXP - Get Free Report) are both mid-cap real estate companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, dividends, profitability, earnings, analyst recommendations, risk and institutional ownership. Insider and Institutional Ownership 88.7%
Benchmark LXP against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for LXP Industrial Trust (LXP)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $61.18 | $3.55B | 29.75 | -2.3% | 34.31% | 5.99% | 4.58% | |
| $193.81 | $10.42B | 32.99 | 12.97% | 41.05% | 8.9% | 2.92% | |
| $36.60 | $7.06B | 26.24 | 10.14% | 29.88% | 7.29% | 4.12% | |
| $53.76 | $7.13B | 19.95 | 8.58% | 46.12% | 12.6% | 3.25% | |
| $37.80 | $8.64B | -17.97 | 7.13% | -47.79% | -5.64% | 4.69% | |
| $126.96 | $118.37B | 28.86 | 7.18% | 45.51% | 7.28% | 3.1% |
LXP Industrial Trust (LXP) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
LXP Industrial Trust (LXP) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 19, 2026·SEC
Jul 29, 2026·SEC
Jul 20, 2026·SEC
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LXP Industrial Trust (LXP) stock FAQ — growth, dividends, profitability & financials explained
LXP Industrial Trust (LXP) reported $350.2M in revenue in fiscal year 2025, which is also its trailing twelve months. That is 1006% more than the $31.7M of fiscal year 1996.
LXP Industrial Trust (LXP) revenue fell by 3.5% over the trailing twelve months, compared with the twelve months before.
Yes. LXP Industrial Trust (LXP) earned $120.6M in net income over the trailing twelve months (a 34.3% net margin).
Yes. LXP Industrial Trust (LXP) pays a dividend that yields 4.58% at the current price, a high yield.
LXP Industrial Trust (LXP) had a return on equity (ROE) of 6.0% over the trailing twelve months. That is below the market's typical 10-15%.
LXP Industrial Trust (LXP) generated Funds From Operations (FFO) of $216.5M in the trailing twelve months. FFO is the primary profitability metric for REITs.
LXP Industrial Trust (LXP) offers a 4.58% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.