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S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
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S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
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S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
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NYSE:LXP

Lexington Realty Trust Stock Forecast, Price & News

$10.72
-0.32 (-2.90 %)
(As of 02/26/2021 12:00 AM ET)
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Today's Range
$10.72
Now: $10.72
$11.07
50-Day Range
$10.09
MA: $10.64
$11.21
52-Week Range
$7.86
Now: $10.72
$12.08
Volume2.11 million shs
Average Volume1.60 million shs
Market Capitalization$2.98 billion
P/E Ratio17.87
Dividend Yield3.89%
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
Employees57
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$325.97 million
Cash Flow$1.84 per share
Book Value$6.58 per share

Profitability

Net Income$279.91 million

Miscellaneous

Market Cap$2.98 billion
Next Earnings Date5/6/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

1.96 out of 5 stars

Finance Sector

255th out of 1,944 stocks

Real Estate Investment Trusts Industry

52nd out of 273 stocks

Analyst Opinion: 2.5Community Rank: 1.9Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
$10.72
-0.32 (-2.90 %)
(As of 02/26/2021 12:00 AM 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 twelve months. 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.

Are investors shorting Lexington Realty Trust?

Lexington Realty Trust saw a drop in short interest during the month of January. As of January 15th, there was short interest totaling 5,960,000 shares, a drop of 22.1% from the December 31st total of 7,650,000 shares. Based on an average daily volume of 1,830,000 shares, the days-to-cover ratio is currently 3.3 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, May 6th 2021.
View our earnings forecast for Lexington Realty Trust
.

How were Lexington Realty Trust's earnings last quarter?

Lexington Realty Trust (NYSE:LXP) posted its quarterly earnings results on Thursday, February, 18th. The real estate investment trust reported $0.37 earnings per share (EPS) 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 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 shares have increased by 9.2% and is now trading at $10.72.
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 announced a quarterly dividend on Thursday, November 5th. Stockholders of record on Thursday, December 31st will be given a dividend of $0.108 per share on Friday, January 15th. This represents a $0.43 annualized dividend and a dividend yield of 4.03%. The ex-dividend date of this dividend is Wednesday, December 30th. This is a boost from Lexington Realty Trust's previous quarterly dividend of $0.11.
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 3.89%. 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 EPS 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 stock price to reach $12.25 in the next year. This suggests a possible upside of 14.3% 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)
  • 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)
  • Ms. Natasha Roberts, Exec. VP & Director of Acquisitions (Age 54)

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 variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (18.45%), Northern Trust Corp (2.13%), Dimensional Fund Advisors LP (1.93%), Bank of New York Mellon Corp (1.35%), Charles Schwab Investment Management Inc. (1.29%) and Victory Capital Management Inc. (0.95%). Company insiders that own Lexington Realty Trust stock include Joseph Bonventre and Lara Sweeney Johnson.
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, Morgan Stanley, Rothschild & Co. Asset Management US Inc., Barclays PLC, Robeco Institutional Asset Management B.V., Northern Trust Corp, JPMorgan Chase & Co., and Bank of New York Mellon Corp.
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 acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Dimensional Fund Advisors LP, Glenmede Trust Co. NA, GW&K Investment Management LLC, Canada Pension Plan Investment Board, Cibc World Markets Corp, Pacer Advisors Inc., and Price T Rowe Associates Inc. MD.
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 $10.72.

How much money does Lexington Realty Trust make?

Lexington Realty Trust has a market capitalization of $2.98 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 57 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 2/28/2021 by MarketBeat.com Staff

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