NYSE:LXP - Lexington Realty Trust Stock Price, Price Target & More

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$8.69 -0.08 (-0.91 %)
(As of 07/22/2018 04:00 PM ET)
Previous Close$8.69
Today's Range$8.67 - $8.77
52-Week Range$7.59 - $10.65
Volume574,075 shs
Average Volume921,785 shs
Market Capitalization$2.09 billion
P/E Ratio8.78
Dividend Yield8.17%
Beta0.87
Lexington Realty Trust logoLexington 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 portfolio through build-to-suit transactions, sale-leaseback transactions and other transactions, including acquisitions. For more information, including Lexington's Quarterly Supplemental Information package, or to follow Lexington on social media, visit www.lxp.com.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryDiversified REITs
SectorFinance
SymbolNYSE:LXP
CUSIP52904310
Phone212-692-7200

Debt

Debt-to-Equity Ratio0.70
Current Ratio0.13
Quick Ratio0.13

Price-To-Earnings

Trailing P/E Ratio8.78
Forward P/E Ratio8.96
P/E Growth1.98

Sales & Book Value

Annual Sales$391.64 million
Price / Sales5.32
Cash Flow$1.0931 per share
Price / Cash7.95
Book Value$5.18 per share
Price / Book1.68

Profitability

EPS (Most Recent Fiscal Year)$0.97
Net Income$85.58 million
Net Margins7.33%
Return on Equity2.34%
Return on Assets0.84%

Miscellaneous

Employees59
Outstanding Shares239,980,000
Market Cap$2,085.45

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 announced a quarterly dividend on Friday, June 15th. Shareholders of record on Friday, June 29th will be given a dividend of $0.1775 per share on Monday, July 16th. This represents a $0.71 annualized dividend and a yield of 8.17%. The ex-dividend date of this dividend is Thursday, June 28th. 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 Tuesday, May, 8th. The real estate investment trust reported ($0.07) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.25 by $0.32. The real estate investment trust earned $102.60 million during the quarter, compared to analysts' expectations of $101.02 million. Lexington Realty Trust had a return on equity of 2.34% and a net margin of 7.33%. Lexington Realty Trust's quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter last year, the company earned $0.23 EPS. 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, August, 8th 2018. 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 FY18 earnings guidance on Tuesday, May, 8th. The company provided earnings per share (EPS) guidance of $0.95-$0.98 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.97.

What price target have analysts set for LXP?

9 equities research analysts have issued 1-year target prices for Lexington Realty Trust's stock. Their forecasts range from $7.00 to $11.00. On average, they anticipate Lexington Realty Trust's share price to reach $9.2917 in the next twelve months. This suggests a possible upside of 6.9% from the stock's current price. View Analyst Ratings for Lexington Realty Trust.

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

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lexington Realty Trust in the last year. There are currently 2 sell ratings and 7 hold ratings for the stock, resulting in a consensus recommendation of "Hold."

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:
  • Mr. T. Wilson Eglin, Pres, CEO & Director (Age 53)
  • Mr. Patrick Carroll, Exec. VP, CFO & Treasurer (Age 54)
  • Mr. Joseph S. Bonventre, Exec. VP, Gen. Counsel & Sec. (Age 42)
  • Ms. Beth Boulerice, Exec. VP & Chief Accounting Officer (Age 53)
  • Ms. Heather T. Gentry, Sr. VP, Investor Relations

Has Lexington Realty Trust been receiving favorable news coverage?

News coverage about LXP stock has trended somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Lexington Realty Trust earned a media sentiment score of 0.10 on Accern's scale. They also assigned press coverage about the real estate investment trust an impact score of 45.48 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Who are Lexington Realty Trust's major shareholders?

Lexington Realty Trust's stock is owned by many different of institutional and retail investors. Top institutional investors include Foundry Partners LLC (0.53%), Financial & Investment Management Group Ltd. (0.24%), State of Alaska Department of Revenue (0.06%), Municipal Employees Retirement System of Michigan (0.03%), Fox Run Management L.L.C. (0.01%) and Spirit of America Management Corp NY (0.01%). Company insiders that own Lexington Realty Trust stock include E Robert Roskind, Joseph Bonventre, Richard J Rouse and T Wilson Eglin. 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 State of Alaska Department of Revenue, Municipal Employees Retirement System of Michigan, Spirit of America Management Corp NY and Financial & Investment Management Group Ltd.. View Insider Buying and Selling 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 Foundry Partners LLC and Fox Run Management L.L.C.. 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, Scottrade, Fidelity and Charles Schwab.

What is Lexington Realty Trust's stock price today?

One share of LXP stock can currently be purchased for approximately $8.69.

How big of a company is Lexington Realty Trust?

Lexington Realty Trust has a market capitalization of $2.09 billion and generates $391.64 million in revenue each year. The real estate investment trust earns $85.58 million in net income (profit) each year or $0.97 on an earnings per share basis. Lexington Realty Trust employs 59 workers across the globe.

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:  161 (Vote Outperform)
Underperform Votes:  265 (Vote Underperform)
Total Votes:  426
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 7/22/2018 by MarketBeat.com Staff

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