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NYSE:LXP - Lexington Realty Trust Stock Price, Forecast & News

$9.68
+0.05 (+0.52 %)
(As of 03/29/2020 02:43 AM ET)
Today's Range
$9.14
Now: $9.68
$10.03
50-Day Range
$8.12
MA: $10.50
$11.75
52-Week Range
$7.86
Now: $9.68
$11.81
Volume1.77 million shs
Average Volume3.39 million shs
Market Capitalization$2.47 billion
P/E Ratio8.64
Dividend Yield4.36%
Beta0.91
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.
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Lexington Realty Trust logo

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$325.97 million
Cash Flow$1.76 per share
Book Value$6.58 per share

Profitability

Net Income$279.91 million

Miscellaneous

Employees60
Market Cap$2.47 billion
Next Earnings Date5/13/2020 (Estimated)
OptionableOptionable

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Lexington Realty Trust (NYSE:LXP) Frequently Asked Questions

How has Lexington Realty Trust's stock been impacted by COVID-19 (Coronavirus)?

Lexington Realty Trust's stock was trading at $9.82 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, LXP stock has decreased by 1.4% and is now trading at $9.68. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Lexington Realty Trust.

When is Lexington Realty Trust's next earnings date?

Lexington Realty Trust is scheduled to release its next quarterly earnings announcement on Wednesday, May 13th 2020. View our earnings forecast for Lexington Realty Trust.

How were Lexington Realty Trust's earnings last quarter?

Lexington Realty Trust (NYSE:LXP) issued its earnings results on Thursday, February, 20th. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.19 by $0.14. The real estate investment trust earned $81.60 million during the quarter, compared to analysts' expectations of $77.70 million. Lexington Realty Trust had a net margin of 85.87% and a return on equity of 19.89%. Lexington Realty Trust's revenue for the quarter was down 6.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.22 EPS. View Lexington Realty Trust's earnings history.

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

Lexington Realty Trust announced a quarterly dividend on Monday, March 16th. Investors of record on Tuesday, March 31st will be given a dividend of $0.105 per share on Wednesday, April 15th. This represents a $0.42 annualized dividend and a dividend yield of 4.34%. The ex-dividend date is Monday, March 30th. 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 FY20 earnings guidance on Thursday, February, 20th. The company provided EPS guidance of $0.74-0.77 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.76.

What price target have analysts set for LXP?

4 analysts have issued twelve-month target prices for Lexington Realty Trust's shares. Their forecasts range from $10.00 to $11.00. On average, they expect Lexington Realty Trust's stock price to reach $10.50 in the next year. This suggests a possible upside of 8.5% from the stock's current price. View analysts' price targets for Lexington Realty Trust.

Has Lexington Realty Trust been receiving favorable news coverage?

News stories about LXP stock have been trending negative this week, according to InfoTrie. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Lexington Realty Trust earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutLexington 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 following 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)

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 institutional and retail investors. Top institutional investors include State Street Corp (3.89%), LSV Asset Management (3.50%), Macquarie Group Ltd. (2.65%), Macquarie Group Ltd. (2.65%), Norges Bank (1.42%) and Bank of New York Mellon Corp (1.42%). 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 LSV Asset Management, Bank of New York Mellon Corp, State Street Corp, Mackay Shields LLC, Prudential Financial Inc., Renaissance Technologies LLC, Public Sector Pension Investment Board, and Chicago Equity Partners LLC. Company insiders that have sold Lexington Realty Trust company stock in the last year include Joseph Bonventre, and Lara Sweeney Johnson. View insider buying and selling activity for Lexington Realty Trust.

Which institutional investors are buying Lexington Realty Trust stock?

LXP stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Victory Capital Management Inc., Victory Capital Management Inc., Shoals Capital Management LP, Macquarie Group Ltd., Macquarie Group Ltd., Robeco Institutional Asset Management B.V., and Great West Life Assurance Co. Can. View insider buying and selling activity 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 $9.68.

How big of a company is Lexington Realty Trust?

Lexington Realty Trust has a market capitalization of $2.47 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. 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:  249 (Vote Outperform)
Underperform Votes:  420 (Vote Underperform)
Total Votes:  669
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 3/29/2020 by MarketBeat.com Staff

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