NYSE:LXP

Lexington Realty Trust Stock Forecast, Price & News

$12.30
-0.22 (-1.76 %)
(As of 06/18/2021 05:06 PM ET)
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Today's Range
$12.28
$12.85
50-Day Range
$11.42
$13.01
52-Week Range
$9.82
$13.03
Volume3.76 million shs
Average Volume2.03 million shs
Market Capitalization$3.41 billion
P/E Ratio17.08
Dividend Yield3.43%
Beta0.6
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About Lexington Realty Trust

Lexington Realty Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) that owns a portfolio of real estate assets consisting primarily of equity investments in single-tenant net-leased industrial properties across the United States. Lexington seeks to expand its industrial portfolio through build-to-suit transactions, sale-leaseback transactions and other transactions, including acquisitions.

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MarketRank

Overall MarketRank

1.76 out of 5 stars

Finance Sector

407th out of 1,974 stocks

Real Estate Investment Trusts Industry

101st out of 275 stocks

Analyst Opinion: 1.5Community Rank: 1.9Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
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Lexington Realty Trust (NYSE:LXP) Frequently Asked Questions

Is Lexington Realty Trust a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lexington Realty Trust in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Lexington Realty Trust stock.
View analyst ratings for Lexington Realty Trust
or view top-rated stocks.

What stocks does MarketBeat like better than Lexington Realty Trust?

Wall Street analysts have given Lexington Realty Trust a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Lexington Realty Trust wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Lexington Realty Trust?

Lexington Realty Trust saw a increase in short interest in the month of May. As of May 14th, there was short interest totaling 27,920,000 shares, an increase of 131.1% from the April 29th total of 12,080,000 shares. Based on an average daily trading volume, of 2,240,000 shares, the days-to-cover ratio is presently 12.5 days.
View Lexington Realty Trust's Short Interest
.

When is Lexington Realty Trust's next earnings date?

Lexington Realty Trust is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Lexington Realty Trust
.

How were Lexington Realty Trust's earnings last quarter?

Lexington Realty Trust (NYSE:LXP) announced its quarterly earnings results on Friday, May, 7th. The real estate investment trust reported $0.14 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.19 by $0.05. The real estate investment trust earned $92.60 million during the quarter, compared to analyst estimates of $81.68 million. Lexington Realty Trust had a trailing twelve-month return on equity of 11.10% and a net margin of 60.26%. Lexington Realty Trust's revenue for the quarter was up 14.6% on a year-over-year basis. During the same quarter last year, the business posted $0.19 EPS.
View Lexington Realty Trust's earnings history
.

How has Lexington Realty Trust's stock price been impacted by COVID-19?

Lexington Realty Trust's stock was trading at $9.82 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, LXP stock has increased by 25.3% and is now trading at $12.30.
View which stocks have been most impacted by COVID-19
.

How often does Lexington Realty Trust pay dividends? What is the dividend yield for Lexington Realty Trust?

Lexington Realty Trust declared a quarterly dividend on Wednesday, June 16th. Investors of record on Wednesday, June 30th will be paid a dividend of $0.1075 per share on Thursday, July 15th. This represents a $0.43 annualized dividend and a dividend yield of 3.50%. The ex-dividend date of this dividend is Tuesday, June 29th.
View Lexington Realty Trust's dividend history
.

Is Lexington Realty Trust a good dividend stock?

Lexington Realty Trust pays an annual dividend of $0.43 per share and currently has a dividend yield of 3.43%. Lexington Realty Trust does not yet have a strong track record of dividend growth. The dividend payout ratio of Lexington Realty Trust is 56.58%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Lexington Realty Trust will have a dividend payout ratio of 57.33% next year. This indicates that Lexington Realty Trust will be able to sustain or increase its dividend.
View Lexington Realty Trust's dividend history.

What guidance has Lexington Realty Trust issued on next quarter's earnings?

Lexington Realty Trust updated its FY 2021 earnings guidance on Friday, May, 28th. The company provided earnings per share (EPS) guidance of 0.730-0.760 for the period. The company issued revenue guidance of -.

What price target have analysts set for LXP?

2 equities research analysts have issued 12 month price targets for Lexington Realty Trust's stock. Their forecasts range from $12.00 to $12.50. On average, they anticipate Lexington Realty Trust's share price to reach $12.25 in the next year. This suggests that the stock has a possible downside of 0.4%.
View analysts' price targets for Lexington Realty Trust
or view top-rated stocks among Wall Street analysts.

Who are Lexington Realty Trust's key executives?

Lexington Realty Trust's management team includes the following people:
  • Mr. T. Wilson Eglin, Chairman, Pres & CEO (Age 56, Pay $2.99M)
  • Ms. Beth Boulerice, Exec. VP, CFO & Treasurer (Age 56, Pay $1.07M)
  • Mr. Joseph S. Bonventre, COO, Exec. VP, Gen. Counsel & Sec. (Age 45, Pay $1.15M)
  • Mr. Brendan P. Mullinix, Chief Investment Officer & Exec. VP (Age 46, Pay $897.18k)
  • Ms. Lara Sweeney Johnson, Exec. VP of Investment & Chief Credit Officer (Age 48, Pay $909.16k)
  • Mr. Mark Cherone, Chief Accounting Officer (Age 39)
  • Ms. Heather T. Gentry, Sr. VP of Investor Relations
  • Mr. Patrick Carroll, Exec. VP & Chief Risk Officer (Age 57)
  • Mr. Nabil Andrawis, Exec. VP & Director of Taxation
  • Mr. James Dudley, Exec. VP & Director of Asset Management (Age 40)

What is T. Wilson Eglin's approval rating as Lexington Realty Trust's CEO?

1 employees have rated Lexington Realty Trust CEO T. Wilson Eglin on Glassdoor.com. T. Wilson Eglin has an approval rating of 100% among Lexington Realty Trust's employees. This puts T. Wilson Eglin in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Lexington Realty Trust's key competitors?

What other stocks do shareholders of Lexington Realty Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Lexington Realty Trust investors own include Omega Healthcare Investors (OHI), VEREIT (VER), Federal Realty Investment Trust (FRT), New Residential Investment (NRZ), AT&T (T), Ford Motor (F), STAG Industrial (STAG), Uniti Group (UNIT), Realty Income (O) and Government Properties Income Trust (GOV).

What is Lexington Realty Trust's stock symbol?

Lexington Realty Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "LXP."

Who are Lexington Realty Trust's major shareholders?

Lexington Realty Trust's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (19.01%), Massachusetts Financial Services Co. MA (2.01%), Dimensional Fund Advisors LP (1.87%), Geode Capital Management LLC (1.85%), Northern Trust Corp (1.82%) and Bank of New York Mellon Corp (1.29%).
View institutional ownership trends for Lexington Realty Trust
.

Which major investors are selling Lexington Realty Trust stock?

LXP stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Northern Trust Corp, Morgan Stanley, Robeco Institutional Asset Management B.V., Glenmede Trust Co. NA, Man Group plc, Massachusetts Financial Services Co. MA, and Bank of Montreal Can.
View insider buying and selling activity for Lexington Realty Trust
or view top insider-selling stocks.

Which major investors are buying Lexington Realty Trust stock?

LXP stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., JPMorgan Chase & Co., Renaissance Technologies LLC, Goldman Sachs Group Inc., Employees Retirement System of Texas, Geode Capital Management LLC, Cbre Clarion Securities LLC, and Jane Street Group LLC.
View insider buying and selling activity for Lexington Realty Trust
or or view top insider-buying stocks.

How do I buy shares of Lexington Realty Trust?

Shares of LXP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Lexington Realty Trust's stock price today?

One share of LXP stock can currently be purchased for approximately $12.30.

How much money does Lexington Realty Trust make?

Lexington Realty Trust has a market capitalization of $3.41 billion and generates $330.45 million in revenue each year. The real estate investment trust earns $183.30 million in net income (profit) each year or $0.76 on an earnings per share basis.

How many employees does Lexington Realty Trust have?

Lexington Realty Trust employs 55 workers across the globe.

What is Lexington Realty Trust's official website?

The official website for Lexington Realty Trust is www.lxp.com.

Where are Lexington Realty Trust's headquarters?

Lexington Realty Trust is headquartered at ONE PENN PLAZA SUITE 4015, NEW YORK NY, 10119.

How can I contact Lexington Realty Trust?

Lexington Realty Trust's mailing address is ONE PENN PLAZA SUITE 4015, NEW YORK NY, 10119. The real estate investment trust can be reached via phone at 212-692-7200 or via email at [email protected]


This page was last updated on 6/18/2021 by MarketBeat.com Staff
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