Lexington Realty Trust Company Profile (NYSE:LXP)

About Lexington Realty Trust (NYSE:LXP)

Lexington Realty Trust logoLexington Realty Trust is a real estate investment trust (REIT). The Company owns a portfolio of equity and debt investments in single-tenant commercial properties. As of December 31, 2016, the Company had equity ownership interests in approximately 195 consolidated real estate properties, located in 40 states and containing an aggregate of approximately 43.3 million square feet of space, approximately 96.0% of which was leased. The Company conducts its operations either directly or indirectly through property owner subsidiaries and lender subsidiaries, which are single purpose entities; an operating partnership, Lepercq Corporate Income Fund L.P. (LCIF), in which the Company is the sole unit holder of the general partner and the sole unit holder of the limited partner that holds a majority of the limited partner interests; Lexington Realty Advisors, Inc. (LRA), a subsidiary of the Company, and investments in joint ventures.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Commercial REITs
  • Sub-Industry: Diversified REITs
  • Symbol: NYSE:LXP
  • CUSIP: 52904310
  • Web: www.lxp.com
Capitalization:
  • Market Cap: $2.5 billion
  • Outstanding Shares: 240,621,000
Average Prices:
  • 50 Day Moving Avg: $10.24
  • 200 Day Moving Avg: $10.04
  • 52 Week Range: $9.00 - $11.42
P/E:
  • Trailing P/E Ratio: 76.89
  • Foreward P/E Ratio: 38.44
  • P/E Growth: 6.34
Sales & Book Value:
  • Annual Revenue: $393.09 million
  • Price / Sales: 6.35
  • Book Value: $5.34 per share
  • Price / Book: 1.94
Dividend:
  • Annual Dividend: $0.70
  • Dividend Yield: 6.7%
Profitability:
  • EBITDA: $316.72 million
  • Net Margins: 9.80%
  • Return on Equity: 2.92%
  • Return on Assets: 1.13%
Debt:
  • Debt-to-Equity Ratio: 0.48%
  • Current Ratio: 0.14%
  • Quick Ratio: 0.14%
Misc:
  • Average Volume: 837,448 shs.
  • Beta: 0.96
  • Short Ratio: 1.75
 

Frequently Asked Questions for Lexington Realty Trust (NYSE:LXP)

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 Friday, September 15th. Investors of record on Friday, September 29th will be paid a dividend of $0.175 per share on Monday, October 16th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 6.74%. The ex-dividend date of this dividend is Thursday, September 28th. View Lexington Realty Trust's Dividend History.

How were Lexington Realty Trust's earnings last quarter?

Lexington Realty Trust (NYSE:LXP) posted its earnings results on Tuesday, August, 8th. The company reported $0.23 EPS for the quarter, missing the Zacks' consensus estimate of $0.24 by $0.01. The firm had revenue of $95.70 million for the quarter, compared to analyst estimates of $95.41 million. Lexington Realty Trust had a net margin of 9.80% and a return on equity of 2.92%. The business's quarterly revenue was down 12.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.29 earnings per share. View Lexington Realty Trust's Earnings History.

When will Lexington Realty Trust make its next earnings announcement?

Lexington Realty Trust is scheduled to release their next quarterly earnings announcement on Tuesday, November, 7th 2017. View Earnings Estimates for Lexington Realty Trust.

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

Lexington Realty Trust updated its FY17 earnings guidance on Tuesday, August, 8th. The company provided earnings per share guidance of $0.94-0.98 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.96.

Where is Lexington Realty Trust's stock going? Where will Lexington Realty Trust's stock price be in 2017?

7 brokers have issued twelve-month target prices for Lexington Realty Trust's stock. Their predictions range from $10.00 to $11.00. On average, they expect Lexington Realty Trust's stock price to reach $10.55 in the next twelve months. View Analyst Ratings for Lexington Realty Trust.

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

Who are Lexington Realty Trust's key executives?

Lexington Realty Trust's management team includes the folowing people:

  • E. Robert R. Roskind, Chairman of the Board of Trustees
  • T. Wilson Eglin, President, Chief Executive Officer, Trustee
  • Richard Jon Rouse, Vice Chairman of the Management Board, Chief Investment Officer
  • Patrick Carroll, Chief Financial Officer, Executive Vice President, Treasurer
  • Beth Boulerice, Executive Vice President, Chief Accounting Officer
  • Joseph S. Bonventre, Executive Vice President, General Counsel, Secretary
  • Richard S. Frary, Lead Independent Trustee
  • Harold First, Independent Trustee
  • Lawrence L. Gray, Independent Trustee
  • Jamie O. Handwerker, Independent Trustee

Who owns Lexington Realty Trust stock?

Lexington Realty Trust's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Shikiar Asset Management Inc. (0.25%), Meeder Asset Management Inc. (0.02%) and Ingalls & Snyder LLC (0.01%). Company insiders that own Lexington Realty Trust stock include Beth Boulerice, E Robert Roskind, Joseph Bonventre, Richard J Rouse and T Wilson Eglin. View Institutional Ownership Trends for Lexington Realty Trust.

Who sold Lexington Realty Trust stock? Who is selling Lexington Realty Trust stock?

Lexington Realty Trust's stock was sold by a variety of institutional investors in the last quarter, including Meeder Asset Management Inc.. Company insiders that have sold Lexington Realty Trust stock in the last year include E Robert Roskind, Joseph Bonventre and T Wilson Eglin. View Insider Buying and Selling for Lexington Realty Trust.

Who bought Lexington Realty Trust stock? Who is buying Lexington Realty Trust stock?

Lexington Realty Trust's stock was acquired by a variety of institutional investors in the last quarter, including Shikiar Asset Management Inc. and Ingalls & Snyder LLC. View Insider Buying and Selling for Lexington Realty Trust.

How do I buy Lexington Realty Trust stock?

Shares of Lexington Realty Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Lexington Realty Trust's stock price today?

One share of Lexington Realty Trust stock can currently be purchased for approximately $10.38.


MarketBeat Community Rating for Lexington Realty Trust (NYSE LXP)
Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  126 (Vote Outperform)
Underperform Votes:  195 (Vote Underperform)
Total Votes:  321
MarketBeat's community ratings are surveys of what our community members think about Lexington Realty Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Lexington Realty Trust (NYSE:LXP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 5 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $10.55 (1.64% upside)
Consensus Price Target History for Lexington Realty Trust (NYSE:LXP)
Price Target History for Lexington Realty Trust (NYSE:LXP)
Analysts' Ratings History for Lexington Realty Trust (NYSE:LXP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/25/2017DA DavidsonInitiated CoverageNeutral$10.75HighView Rating Details
9/24/2017KeyCorpReiterated RatingHoldHighView Rating Details
8/17/2017Ladenburg Thalmann Financial ServicesReiterated RatingHoldLowView Rating Details
7/6/2017Stifel NicolausReiterated RatingHold$10.00LowView Rating Details
6/23/2017Jefferies Group LLCReiterated RatingHold$11.00LowView Rating Details
5/25/2017Evercore ISIUpgradeIn-Line -> Outperform$11.00LowView Rating Details
1/23/2017Barclays PLCDowngradeEqual Weight -> Underweight$11.00 -> $10.00N/AView Rating Details
5/5/2016Wells Fargo & CompanyReiterated RatingHoldN/AView Rating Details
3/29/2016Bank of America CorporationDowngradeNeutral -> UnderperformN/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Lexington Realty Trust (NYSE:LXP)
Earnings by Quarter for Lexington Realty Trust (NYSE:LXP)
Earnings History by Quarter for Lexington Realty Trust (NYSE LXP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/7/2017$0.07N/AView Earnings Details
8/8/2017Q2 2017$0.24$0.23$95.41 million$95.70 millionViewListenView Earnings Details
5/9/2017Q1 17$0.24$0.23$94.72 million$96.10 millionViewListenView Earnings Details
3/1/2017Q4 2016$0.08$0.24$95.11 million$95.30 millionViewListenView Earnings Details
11/3/2016Q316$0.26$0.28$101.21 million$106.30 millionViewN/AView Earnings Details
8/9/2016Q216$0.27$0.29$103.72 million$109.60 millionViewN/AView Earnings Details
5/5/2016Q116$0.27$0.30$107.03 million$111.60 millionViewN/AView Earnings Details
2/23/2016Q415$0.26$0.29$106.33 million$106.60 millionViewListenView Earnings Details
11/5/2015Q315$0.26$0.27$106.60 million$105.40 millionViewN/AView Earnings Details
8/4/2015Q215$0.26$0.27$105.30 million$110.30 millionViewN/AView Earnings Details
5/7/2015Q115$0.26$0.26$105.97 million$108.60 millionViewN/AView Earnings Details
2/19/2015Q414$0.27$0.27$106.90 million$108.00 millionViewN/AView Earnings Details
11/7/2014Q314$0.27$0.28$109.90 million$109.50 millionViewN/AView Earnings Details
8/7/2014Q214$0.28$0.28$113.10 million$109.75 millionViewN/AView Earnings Details
5/8/2014Q114$0.28$0.28$112.52 million$112.20 millionViewN/AView Earnings Details
2/20/2014Q413$0.27$0.28$105.30 million$109.60 millionViewN/AView Earnings Details
11/5/2013Q313$0.26$0.25$99.96 million$97.90 millionViewN/AView Earnings Details
8/7/2013Q213$0.24$0.25$100.33 million$99.40 millionViewN/AView Earnings Details
5/2/2013Q113$0.25$0.25$96.27 million$97.10 millionViewN/AView Earnings Details
2/21/2013Q412$0.25$0.25$97.44 million$95.53 millionViewN/AView Earnings Details
11/6/2012Q312$0.24$0.25$86.91 million$87.65 millionViewN/AView Earnings Details
8/7/2012$0.23$0.24ViewN/AView Earnings Details
2/23/2012$0.22$0.25ViewN/AView Earnings Details
11/3/2011$0.22$0.23ViewN/AView Earnings Details
8/2/2011$0.22$0.24ViewN/AView Earnings Details
5/5/2011$0.23$0.25ViewN/AView Earnings Details
2/24/2011$0.24$0.24ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Lexington Realty Trust (NYSE:LXP)
2017 EPS Consensus Estimate: $0.97
2018 EPS Consensus Estimate: $1.00
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.24$0.24$0.24
Q2 20172$0.24$0.25$0.25
Q3 20173$0.23$0.25$0.24
Q4 20173$0.24$0.25$0.25
Q1 20181$0.24$0.24$0.24
Q2 20181$0.25$0.25$0.25
Q3 20181$0.25$0.25$0.25
Q4 20181$0.26$0.26$0.26
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Lexington Realty Trust (NYSE:LXP)
Most Recent Dividend:10/16/2017
Annual Dividend:$0.70
Dividend Yield:6.74%
Dividend Growth:4.50% (3 Year Average)
Payout Ratio:500.00% (Trailing 12 Months of Earnings)
212.12% (Based on This Year's Estimates)
259.26% (Based on Next Year's Estimates)
Track Record:6 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Lexington Realty Trust (NYSE:LXP)

Dividend History by Quarter for Lexington Realty Trust (NYSE LXP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/15/2017quarterly$0.186.99%9/28/20179/29/201710/16/2017
6/15/2017quarterly$0.186.82%6/28/20176/30/20177/17/2017
3/15/2017quarterly$0.186.9%3/29/20173/31/20174/17/2017
12/14/2016quarterly$0.186.67%12/28/201612/30/20161/17/2017
9/16/2016quarterly$0.186.83%9/28/20169/30/201610/17/2016
6/15/2016quarterly$0.176.98%6/28/20166/30/20167/15/2016
3/15/2016quarterly$0.177.97%3/29/20163/31/20164/15/2016
12/15/2015quarterly$0.178.25%12/29/201512/31/20151/15/2016
9/16/2015quarterly$0.178.14%9/28/20159/30/201510/15/2015
6/16/2015quarterly$0.177.57%6/26/20156/30/20157/15/2015
3/16/2015quarterly$0.176.82%3/27/20153/31/20154/15/2015
12/11/2014quarterly$0.176.17%12/29/201412/31/20141/15/2015
9/15/2014quarterly$0.176.42%9/26/20149/30/201410/15/2014
8/7/2014quarterly$0.177/15/20148/7/2014
6/16/2014quarterly$0.176.02%6/26/20146/30/20147/15/2014
3/18/2014quarterly$0.175.91%3/27/20143/31/20144/15/2014
10/10/2013quarterly$0.175.78%12/27/201312/31/20131/15/2014
9/13/2013quarterly$0.155.15%9/26/20139/30/201310/15/2013
6/17/2013quarterly$0.154.93%6/26/20136/28/20137/15/2013
3/18/2013quarterly$0.155.16%3/26/20133/29/20134/15/2013
12/13/2012quarterly$0.156.12%12/27/201212/31/20121/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Lexington Realty Trust (NYSE:LXP)
Insider Ownership Percentage: 3.10%
Institutional Ownership Percentage: 72.14%
Insider Trades by Quarter for Lexington Realty Trust (NYSE:LXP)
Institutional Ownership by Quarter for Lexington Realty Trust (NYSE:LXP)
Insider Trades by Quarter for Lexington Realty Trust (NYSE:LXP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/14/2017T Wilson EglinCEOSell24,170$9.81$237,107.70View SEC Filing  
6/12/2017Joseph BonventreEVPSell135,298$10.13$1,370,568.74View SEC Filing  
5/18/2017E Robert RoskindChairmanSell70,000$9.54$667,800.00View SEC Filing  
12/15/2016Joseph BonventreEVPSell5,000$10.50$52,500.00View SEC Filing  
8/22/2016T Wilson EglinCEOSell25,000$10.70$267,500.00View SEC Filing  
8/16/2016Richard J RouseVice ChairmanSell25,000$10.70$267,500.00View SEC Filing  
6/10/2016T Wilson EglinCEOSell50,000$9.78$489,000.00View SEC Filing  
6/2/2016Beth BoulericeCAOSell7,400$9.60$71,040.00View SEC Filing  
5/17/2016Richard J RouseVice ChairmanSell10,000$9.18$91,800.00View SEC Filing  
5/10/2016Joseph BonventreEVPSell13,979$9.26$129,445.54View SEC Filing  
12/3/2015Richard J RouseVice ChairmanSell38,257$8.28$316,767.96View SEC Filing  
6/15/2015T Wilson EglinCEOBuy50,000$8.96$448,000.00View SEC Filing  
6/12/2015E Robert RoskindChairmanSell10,000$9.01$90,100.00View SEC Filing  
6/11/2015Patrick CarrollCFOBuy25,000$8.97$224,250.00View SEC Filing  
6/10/2015E Robert RoskindChairmanSell40,000$9.05$362,000.00View SEC Filing  
6/10/2015Richard J RouseVice ChairmanSell30,000$9.03$270,900.00View SEC Filing  
6/9/2015E Robert RoskindChairmanSell1,504$9.00$13,536.00View SEC Filing  
6/8/2015E Robert RoskindChairmanSell20,000$9.06$181,200.00View SEC Filing  
12/3/2014Patrick CarrollCFOSell43,225$11.21$484,552.25View SEC Filing  
11/18/2014Patrick CarrollCFOSell2,125$11.05$23,481.25View SEC Filing  
9/8/2014E Robert RoskindChairmanSell30,000$11.15$334,500.00View SEC Filing  
9/3/2014Richard J RouseChairmanSell46,817$10.94$512,177.98View SEC Filing  
3/13/2014E Robert RoskindChairmanSell40,000$11.25$450,000.00View SEC Filing  
3/6/2014Patrick CarrollCFOSell55,000$11.68$642,400.00View SEC Filing  
12/12/2013Richard RouseChairmanSell20,000$10.13$202,600.00View SEC Filing  
8/15/2013E Robert RoskindChairmanSell40,000$12.11$484,400.00View SEC Filing  
6/6/2013T Wilson EglinCEOSell124,000$12.35$1,531,400.00View SEC Filing  
6/5/2013E Robert RoskindChairmanSell35,000$12.23$428,050.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

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Lexington Realty Trust (LXP) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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