
Lexington Realty (LXP) Stock Forecast & Price Target
Lexington Realty (LXP) Analyst Ratings
Bulls say
LXP Industrial Tr is benefiting from a stronger balance sheet and a more focused industrial strategy after strategic 2025 asset sales, including the October 2025 disposition of two vacant development projects, which also support a more constructive capital deployment posture. Its outlook is reinforced by accelerating leasing activity, 4.6msf of first- and second-generation leasing completed as of early June, and rent growth of about 23% on average, with exposure to high-demand markets like Phoenix and Columbus and to top industrial markets accounting for roughly three-quarters of the sector. The company also appears undervalued relative to peers, trading roughly five turns below the industrial REIT sector average, while firm industrial fundamentals, including 1H26 leasing volumes up 28% and average rents up 2% Y/Y, support above-average earnings growth prospects.
Bears say
LXP Industrial Tr is facing a negative outlook because its valuation appears only fairly priced at a 5.9% cap rate and 18.2x 2026 FFO/share, leaving limited upside versus a sector that still trades at a discount to NAV. Higher interest rates may compress the spread between investment yields and funding costs, make refinancing upcoming debt maturities more dilutive, and pressure asset values, while speculative developments risk slower lease-up and weaker-than-expected yields. Although debt/EBITDA improved to 5.1x from 5.8x and about $200M of assets are being marketed for sale, recession risk and tenant bankruptcy exposure could still weigh on rental revenue and cash flow.
This aggregate rating is based on analysts' research of Lexington Realty and is not a guaranteed prediction by Public.com or investment advice.
Lexington Realty (LXP) Analyst Forecast & Price Prediction
Start investing in Lexington Realty (LXP)
Order type
Buy in
Order amount
Est. shares
0 shares