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Lexington Realty Trust Stock Price, Forecast & Analysis (NYSE:LXP)

$10.92
+0.04 (+0.37 %)
(As of 11/17/2019 04:00 PM ET)
Today's Range
$10.82
Now: $10.92
$10.94
50-Day Range
$10.06
MA: $10.55
$10.88
52-Week Range
$7.88
Now: $10.92
$10.94
Volume841,728 shs
Average Volume1.65 million shs
Market Capitalization$2.71 billion
P/E Ratio11.38
Dividend Yield3.77%
Beta0.84
Lexington Realty Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) that owns a diversified portfolio of real estate assets consisting primarily of equity investments in single-tenant net-leased commercial 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.

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryDiversified REITs
SectorFinance
CUSIP52904310
Phone212-692-7200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$395.34 million
Cash Flow$1.70 per share
Book Value$6.04 per share

Profitability

Net Income$227.41 million

Miscellaneous

Employees60
Market Cap$2.71 billion
Next Earnings Date2/26/2020 (Estimated)
OptionableOptionable

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Lexington Realty Trust (NYSE:LXP) Frequently Asked Questions

What is Lexington Realty Trust's stock symbol?

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

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, November 6th. Investors of record on Tuesday, December 31st will be paid a dividend of $0.105 per share on Wednesday, January 15th. This represents a $0.42 dividend on an annualized basis and a yield of 3.85%. The ex-dividend date is Monday, December 30th. This is an increase from Lexington Realty Trust's previous quarterly dividend of $0.10. View Lexington Realty Trust's Dividend History.

How were Lexington Realty Trust's earnings last quarter?

Lexington Realty Trust (NYSE:LXP) released its quarterly earnings results on Wednesday, November, 6th. The real estate investment trust reported $0.59 EPS for the quarter, beating the consensus estimate of $0.20 by $0.39. The real estate investment trust earned $81.55 million during the quarter, compared to analysts' expectations of $79.80 million. Lexington Realty Trust had a return on equity of 16.76% and a net margin of 66.66%. Lexington Realty Trust's quarterly revenue was down 18.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.24 earnings per share. View Lexington Realty Trust's Earnings History.

When is Lexington Realty Trust's next earnings date?

Lexington Realty Trust is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Lexington Realty Trust.

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

Lexington Realty Trust issued an update on its FY19 earnings guidance on Wednesday, November, 6th. The company provided EPS guidance of $0.77-0.80 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.78.

What price target have analysts set for LXP?

4 brokers have issued 12 month price targets for Lexington Realty Trust's stock. Their forecasts range from $10.00 to $11.00. On average, they expect Lexington Realty Trust's share price to reach $10.50 in the next year. This suggests that the stock has a possible downside of 3.8%. View Analyst Price Targets for Lexington Realty Trust.

What is the consensus analysts' recommendation for Lexington Realty Trust?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lexington Realty Trust in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Lexington Realty Trust.

Has Lexington Realty Trust been receiving favorable news coverage?

Media stories about LXP stock have trended extremely negative this week, InfoTrie reports. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Lexington Realty Trust earned a daily sentiment score of -5.0 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the near future. View News Stories for Lexington Realty Trust.

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

What other stocks do shareholders of Lexington Realty Trust own?

Who are Lexington Realty Trust's key executives?

Lexington Realty Trust's management team includes the folowing people:
  • Mr. T. Wilson Eglin, Chairman, Pres & CEO (Age 54)
  • Mr. Joseph S. Bonventre, Exec. VP, Gen. Counsel & Sec. (Age 43)
  • Mr. Patrick Carroll, Exec. VP & Chief Risk Officer (Age 55)
  • Ms. Lara Sweeney Johnson, Exec. VP & Exec. Officer (Age 46)
  • Ms. Beth Boulerice, Exec. VP, CFO & Treasurer (Age 54)

Who are Lexington Realty Trust's major shareholders?

Lexington Realty Trust's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (1.06%), Foundry Partners LLC (0.96%), Systematic Financial Management LP (0.77%), Hillcrest Asset Management LLC (0.60%), Shikiar Asset Management Inc. (0.38%) and Rhumbline Advisers (0.35%). 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 Systematic Financial Management LP, Peregrine Capital Management LLC, First Quadrant L P CA, Chicago Equity Partners LLC, First Trust Advisors LP, Hillcrest Asset Management LLC, Manning & Napier Group LLC and Strs Ohio. View Insider Buying and Selling for Lexington Realty Trust.

Which major investors are buying Lexington Realty Trust stock?

LXP stock was bought by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Mackay Shields LLC, Foundry Partners LLC, State of New Jersey Common Pension Fund D, Foster & Motley Inc., Rhumbline Advisers, Sumitomo Mitsui Trust Holdings Inc. and Alps Advisors Inc.. View Insider Buying and Selling for Lexington Realty Trust.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Lexington Realty Trust's stock price today?

One share of LXP stock can currently be purchased for approximately $10.92.

How big of a company is Lexington Realty Trust?

Lexington Realty Trust has a market capitalization of $2.71 billion and generates $395.34 million in revenue each year. The real estate investment trust earns $227.41 million in net income (profit) each year or $0.96 on an earnings per share basis. Lexington Realty Trust employs 60 workers across the globe.View Additional Information About Lexington Realty Trust.

What is Lexington Realty Trust's official website?

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

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]


MarketBeat Community Rating for Lexington Realty Trust (NYSE LXP)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  232 (Vote Outperform)
Underperform Votes:  376 (Vote Underperform)
Total Votes:  608
MarketBeat's community ratings are surveys of what our community members think about Lexington Realty Trust and other stocks. Vote "Outperform" if you believe LXP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LXP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/17/2019 by MarketBeat.com Staff

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