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

$10.54
+0.14 (+1.35 %)
(As of 08/18/2019 11:56 AM ET)
Today's Range
$10.24
Now: $10.54
$10.58
50-Day Range
$9.28
MA: $9.70
$10.5650
52-Week Range
$7.66
Now: $10.54
$10.58
Volume2.47 million shs
Average Volume1.37 million shs
Market Capitalization$2.47 billion
P/E Ratio10.98
Dividend Yield3.94%
Beta0.89
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.

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$395.34 million
Cash Flow$1.7138 per share
Book Value$5.33 per share

Profitability

Net Income$227.41 million

Miscellaneous

Employees60
Market Cap$2.47 billion
Next Earnings Date11/5/2019 (Estimated)
OptionableOptionable

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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 Monday, June 17th. Stockholders of record on Friday, June 28th will be given a dividend of $0.102 per share on Monday, July 15th. This represents a $0.41 annualized dividend and a dividend yield of 3.87%. The ex-dividend date of this dividend is Thursday, June 27th. View Lexington Realty Trust's Dividend History.

How were Lexington Realty Trust's earnings last quarter?

Lexington Realty Trust (NYSE:LXP) announced its earnings results on Wednesday, August, 7th. The real estate investment trust reported $0.20 earnings per share for the quarter, meeting analysts' consensus estimates of $0.20. The real estate investment trust had revenue of $80.10 million for the quarter, compared to analyst estimates of $79.61 million. Lexington Realty Trust had a net margin of 84.56% and a return on equity of 23.21%. Lexington Realty Trust's revenue was down 24.2% on a year-over-year basis. During the same period last year, the business posted $0.25 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 Tuesday, November 5th 2019. View Earnings Estimates for Lexington Realty Trust.

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

Lexington Realty Trust updated its FY19 earnings guidance on Wednesday, August, 7th. The company provided EPS guidance of $0.76-0.80 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.78.

What price target have analysts set for LXP?

5 analysts have issued twelve-month price targets for Lexington Realty Trust's stock. Their forecasts range from $9.00 to $11.00. On average, they anticipate Lexington Realty Trust's share price to reach $10.00 in the next year. This suggests that the stock has a possible downside of 5.1%. View Analyst Price Targets for Lexington Realty Trust.

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

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lexington Realty Trust in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Lexington Realty Trust.

Has Lexington Realty Trust been receiving favorable news coverage?

News articles about LXP stock have been trending negative recently, according to InfoTrie. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Lexington Realty Trust earned a news sentiment score of -2.3 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Lexington Realty Trust.

Are investors shorting Lexington Realty Trust?

Lexington Realty Trust saw a increase in short interest during the month of July. As of July 15th, there was short interest totalling 6,177,400 shares, an increase of 35.9% from the June 15th total of 4,545,800 shares. Based on an average daily trading volume, of 1,550,000 shares, the days-to-cover ratio is presently 4.0 days. Approximately 2.7% of the company's stock are sold short. View Lexington Realty Trust's Current Options Chain.

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), New Residential Investment (NRZ), NVIDIA (NVDA), Vereit (VER), Federal Realty Investment Trust (FRT), Realty Income (O), AT&T (T), Government Properties Income Trust (GOV), Stag Industrial (STAG) and General Electric (GE).

Who are Lexington Realty Trust's key executives?

Lexington Realty Trust's management team includes the folowing 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)

Who are Lexington Realty Trust's major shareholders?

Lexington Realty Trust's stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (16.71%), LSV Asset Management (4.93%), Bank of New York Mellon Corp (1.74%), Northern Trust Corp (1.74%), Carlson Capital L P (1.40%) and Invesco Ltd. (1.28%). 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 JPMorgan Chase & Co., Virginia Retirement Systems ET AL, Renaissance Technologies LLC, Asset Management One Co. Ltd., APG Asset Management N.V., Parametric Portfolio Associates LLC, Teachers Insurance & Annuity Association of America and State Board of Administration of Florida Retirement System. View Insider Buying and Selling for Lexington Realty Trust.

Which institutional investors are buying Lexington Realty Trust stock?

LXP stock was acquired by a variety of institutional investors in the last quarter, including NN Investment Partners Holdings N.V., Balyasny Asset Management LLC, Vanguard Group Inc., Carlson Capital L P, Northern Trust Corp, Bank of New York Mellon Corp, AE Wealth Management LLC and Invesco Ltd.. 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 $10.54.

How big of a company is Lexington Realty Trust?

Lexington Realty Trust has a market capitalization of $2.47 billion and generates $395.34 million in revenue each year. The real estate investment trust earns $227.41 million in net income (profit) each year or $0.96 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:  218 (Vote Outperform)
Underperform Votes:  349 (Vote Underperform)
Total Votes:  567
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 8/18/2019 by MarketBeat.com Staff

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