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

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$7.93 +0.09 (+1.15 %)
(As of 10/17/2018 03:39 AM ET)
Previous Close$7.84
Today's Range$7.75 - $7.95
52-Week Range$7.59 - $10.64
Volume1.91 million shs
Average Volume1.27 million shs
Market Capitalization$1.99 billion
P/E Ratio8.02
Dividend Yield9.09%
Beta0.85
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 portfolio through build-to-suit transactions, sale-leaseback transactions and other transactions, including acquisitions.

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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 Ratio0.64
Current Ratio0.14
Quick Ratio0.14

Price-To-Earnings

Trailing P/E Ratio8.02
Forward P/E Ratio8.35
P/E Growth1.94

Sales & Book Value

Annual Sales$391.64 million
Price / Sales4.86
Cash Flow$1.0434 per share
Price / Cash7.60
Book Value$5.18 per share
Price / Book1.53

Profitability

EPS (Most Recent Fiscal Year)$0.97
Net Income$85.58 million
Net Margins4.99%
Return on Equity1.69%
Return on Assets0.58%

Miscellaneous

Employees59
Outstanding Shares239,900,000
Market Cap$1.99 billion

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 declared a quarterly dividend on Friday, September 14th. Shareholders of record on Friday, September 28th will be paid a dividend of $0.1775 per share on Monday, October 15th. This represents a $0.71 dividend on an annualized basis and a yield of 8.95%. The ex-dividend date is Thursday, September 27th. View Lexington Realty Trust's Dividend History.

How were Lexington Realty Trust's earnings last quarter?

Lexington Realty Trust (NYSE:LXP) announced its quarterly earnings results on Wednesday, August, 8th. The real estate investment trust reported ($0.01) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.24 by $0.25. The real estate investment trust earned $105.50 million during the quarter, compared to the consensus estimate of $101.91 million. Lexington Realty Trust had a net margin of 4.99% and a return on equity of 1.69%. The company's revenue for the quarter was up 10.2% compared to the same quarter last year. During the same period last year, the company earned $0.23 earnings per share. 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 6th 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 Wednesday, August, 8th. The company provided earnings per share guidance of $0.95-0.98 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.97.

What price target have analysts set for LXP?

7 Wall Street analysts have issued 1-year price objectives for Lexington Realty Trust's shares. Their predictions range from $7.00 to $9.00. On average, they expect Lexington Realty Trust's share price to reach $8.60 in the next twelve months. This suggests a possible upside of 8.4% from the stock's current price. View Analyst Price Targets for Lexington Realty Trust.

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

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lexington Realty Trust in the last year. There are currently 2 sell ratings, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Lexington Realty Trust.

Are investors shorting Lexington Realty Trust?

Lexington Realty Trust saw a decline in short interest in September. As of September 14th, there was short interest totalling 3,595,262 shares, a decline of 28.2% from the August 31st total of 5,005,188 shares. Based on an average daily volume of 2,264,380 shares, the days-to-cover ratio is presently 1.6 days. Approximately 1.7% of the company's shares are sold short. View Lexington Realty Trust's Current Options Chain.

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

Who are Lexington Realty Trust's major shareholders?

Lexington Realty Trust's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Gradient Investments LLC (0.47%), Manning & Napier Group LLC (0.15%) and State of Alaska Department of Revenue (0.06%). Company insiders that own Lexington Realty Trust stock include E Robert Roskind, Joseph Bonventre 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. 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 Manning & Napier Group LLC and Gradient Investments LLC. 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 $7.93.

How big of a company is Lexington Realty Trust?

Lexington Realty Trust has a market capitalization of $1.99 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.

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:  175 (Vote Outperform)
Underperform Votes:  289 (Vote Underperform)
Total Votes:  464
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 10/17/2018 by MarketBeat.com Staff

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