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

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$8.40 -0.02 (-0.24 %)
(As of 11/21/2018 03:32 AM ET)
Previous Close$8.42
Today's Range$8.31 - $8.46
52-Week Range$7.59 - $10.62
Volume1.19 million shs
Average Volume1.26 million shs
Market Capitalization$1.98 billion
P/E Ratio8.66
Dividend Yield8.49%
Beta0.84
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
Current SymbolNYSE:LXP
Previous Symbol
CUSIP52904310
Phone212-692-7200

Debt

Debt-to-Equity Ratio0.44
Current Ratio0.40
Quick Ratio0.40

Price-To-Earnings

Trailing P/E Ratio8.66
Forward P/E Ratio9.03
P/E Growth4.4

Sales & Book Value

Annual Sales$391.64 million
Price / Sales5.07
Cash Flow$1.0980 per share
Price / Cash7.65
Book Value$5.18 per share
Price / Book1.62

Profitability

EPS (Most Recent Fiscal Year)$0.97
Net Income$85.58 million
Net Margins56.75%
Return on Equity19.03%
Return on Assets6.80%

Miscellaneous

Employees59
Outstanding Shares236,270,000
Market Cap$1.98 billion
OptionableOptionable

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, September 14th. Stockholders 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 dividend yield of 8.45%. 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) posted its quarterly earnings results on Tuesday, November, 6th. The real estate investment trust reported $0.07 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.23 by $0.16. The real estate investment trust had revenue of $99.96 million for the quarter, compared to analyst estimates of $96.87 million. Lexington Realty Trust had a return on equity of 19.03% and a net margin of 56.75%. The company's quarterly revenue was up 2.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.25 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, February 26th 2019. 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, November, 6th. The company provided EPS guidance of $0.93-0.95 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.93.

What price target have analysts set for LXP?

7 brokerages have issued 1 year target prices 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 year. This suggests a possible upside of 2.4% 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.

Has Lexington Realty Trust been receiving favorable news coverage?

News stories about LXP stock have been trending very positive recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Lexington Realty Trust earned a coverage optimism score of 3.4 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an impact on the stock's share price in the near future.

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 many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.48%), Bank of New York Mellon Corp (1.48%), Dimensional Fund Advisors LP (1.47%), Systematic Financial Management LP (0.75%), Prudential Financial Inc. (0.70%) and Mirae Asset Global Investments Co. Ltd. (0.70%). 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 Financial & Investment Management Group Ltd., American Century Companies Inc., JPMorgan Chase & Co., JPMorgan Chase & Co., Prudential Financial Inc., SG Americas Securities LLC, Thrivent Financial for Lutherans and Orinda Asset Management LLC. 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 Mirae Asset Global Investments Co. Ltd., BlackRock Inc., Mackenzie Financial Corp, Peregrine Capital Management LLC, Teachers Advisors LLC, Manning & Napier Group LLC, Hillcrest Asset Management LLC and Cornerstone Wealth Management 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 $8.40.

How big of a company is Lexington Realty Trust?

Lexington Realty Trust has a market capitalization of $1.98 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:  177 (Vote Outperform)
Underperform Votes:  293 (Vote Underperform)
Total Votes:  470
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 11/21/2018 by MarketBeat.com Staff

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