NYSE:LXP

Lexington Realty Trust Stock Forecast, Price & News

$11.89
-0.15 (-1.25 %)
(As of 04/22/2021 04:16 PM ET)
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Today's Range
$11.82
Now: $11.89
$12.10
50-Day Range
$10.62
MA: $11.32
$11.94
52-Week Range
$8.40
Now: $11.89
$12.13
Volume2.80 million shs
Average Volume1.71 million shs
Market Capitalization$3.30 billion
P/E Ratio19.82
Dividend Yield3.57%
Beta0.63
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.
Lexington Realty Trust logo

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryDiversified REITs
SectorFinance
CUSIP52904310
Phone212-692-7200
Employees55
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$325.97 million
Cash Flow$2.04 per share
Book Value$6.58 per share

Profitability

Net Income$279.91 million

Miscellaneous

Market Cap$3.30 billion
Next Earnings Date5/7/2021 (Confirmed)
OptionableOptionable

Headlines

Lexington Realty Trust (NYSE:LXP) Hits New 1-Year High at $12.09
April 21, 2021 |  americanbankingnews.com
Lexington Realty Trust (NYSE:LXP) Sees Large Volume Increase
April 15, 2021 |  americanbankingnews.com
Lexington Realty Trust Reports Fourth Quarter 2020 Results
February 18, 2021 |  finance.yahoo.com
Lexington Realty Trust to Host Earnings Call
February 18, 2021 |  finance.yahoo.com
Is LXP A Good Stock To Buy Now?
December 16, 2020 |  finance.yahoo.com
Lexington Realty Trust exits property with $57M gain
November 11, 2020 |  seekingalpha.com
Lexington Realty Trust declares $0.1075 dividend
November 5, 2020 |  seekingalpha.com
Lexington Realty (LXP) Q3 FFO Meet Estimates
November 5, 2020 |  finance.yahoo.com
See More Headlines

MarketRank

Overall MarketRank

1.76 out of 5 stars

Finance Sector

364th out of 1,947 stocks

Real Estate Investment Trusts Industry

84th out of 274 stocks

Analyst Opinion: 1.5Community Rank: 1.9Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
$11.89
-0.15 (-1.25 %)
(As of 04/22/2021 04:16 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Lexington Realty Trust (NYSE:LXP) Frequently Asked Questions

Is Lexington Realty Trust a buy right now?

2 Wall Street 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 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 short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Lexington Realty Trust wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Lexington Realty Trust's next earnings date?

Lexington Realty Trust is scheduled to release its next quarterly earnings announcement on Friday, May 7th 2021.
View our earnings forecast for Lexington Realty Trust
.

How can I listen to Lexington Realty Trust's earnings call?

Lexington Realty Trust will be holding an earnings conference call on Friday, May 7th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Lexington Realty Trust's earnings last quarter?

Lexington Realty Trust (NYSE:LXP) released its quarterly earnings results on Thursday, February, 18th. The real estate investment trust reported $0.37 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.18 by $0.19. Lexington Realty Trust had a trailing twelve-month return on equity of 9.57% and a net margin of 49.72%.
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 (WHO). Since then, LXP shares have increased by 21.0% and is now trading at $11.88.
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 Monday, March 15th. Shareholders of record on Wednesday, March 31st will be given a dividend of $0.108 per share on Thursday, April 15th. This represents a $0.43 dividend on an annualized basis and a dividend yield of 3.64%. The ex-dividend date is Tuesday, March 30th.
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 3.60%. Lexington Realty Trust does not yet have a strock track record of dividend growth. The dividend payout ratio of Lexington Realty Trust is 53.75%. 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 58.11% 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 issued an update on its FY 2021 Pre-Market earnings guidance on Thursday, February, 18th. The company provided earnings per share guidance of 0.72-0.76 for the period.

What price target have analysts set for LXP?

2 brokerages have issued 12-month target prices 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 twelve months. This suggests a possible upside of 3.1% from the stock's current price.
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 $3.31M)
  • Ms. Beth Boulerice, Exec. VP, CFO & Treasurer (Age 56, Pay $990.45k)
  • Mr. Joseph S. Bonventre, COO, Exec. VP, Gen. Counsel & Sec. (Age 45, Pay $1.19M)
  • Mr. Brendan P. Mullinix, Chief Investment Officer & Exec. VP (Age 46, Pay $967.52k)
  • Mr. Patrick Carroll, Exec. VP & Chief Risk Officer (Age 57, Pay $818.24k)
  • Ms. Lara Sweeney Johnson, Exec. VP & Chief Credit Officer (Age 48, Pay $913.3k)
  • Mr. Mark Cherone, Chief Accounting Officer (Age 39)
  • Ms. Heather T. Gentry, Sr. VP of Investor Relations
  • 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 a number of institutional and retail investors. Top institutional shareholders include Pacer Advisors Inc. (0.25%), New York State Teachers Retirement System (0.19%), Exchange Traded Concepts LLC (0.10%), Pensionfund DSM Netherlands (0.10%), North Star Investment Management Corp. (0.06%) and Louisiana State Employees Retirement System (0.05%). Company insiders that own Lexington Realty Trust stock include Joseph Bonventre and Lara Sweeney Johnson.
View institutional ownership trends for Lexington Realty Trust
.

Which institutional investors are selling Lexington Realty Trust stock?

LXP stock was sold by a variety of institutional investors in the last quarter, including New York State Teachers Retirement System, and Louisiana State Employees Retirement System.
View insider buying and selling activity for Lexington Realty Trust
or view top insider-selling stocks.

Which institutional investors are buying Lexington Realty Trust stock?

LXP stock was acquired by a variety of institutional investors in the last quarter, including Pacer Advisors Inc., Exchange Traded Concepts LLC, Pensionfund DSM Netherlands, North Star Investment Management Corp., Everence Capital Management Inc., Pensionfund Sabic, HGK Asset Management Inc., and Oregon Public Employees Retirement Fund.
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 $11.88.

How much money does Lexington Realty Trust make?

Lexington Realty Trust has a market capitalization of $3.30 billion and generates $325.97 million in revenue each year. The real estate investment trust earns $279.91 million in net income (profit) each year or $0.80 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 4/22/2021 by MarketBeat.com Staff
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