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

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$9.15 +0.03 (+0.33 %)
(As of 05/27/2019 04:33 AM ET)
Previous Close$9.15
Today's Range$9.13 - $9.19
52-Week Range$7.66 - $9.70
Volume2.15 million shs
Average Volume1.72 million shs
Market Capitalization$2.15 billion
P/E Ratio9.53
Dividend Yield4.50%
Beta0.99
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.

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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$1.7007 per share
Book Value$5.33 per share

Profitability

Net Income$227.41 million

Miscellaneous

Employees60
Market Cap$2.15 billion
Next Earnings Date8/14/2019 (Estimated)
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 Wednesday, February 27th. Shareholders of record on Friday, March 29th will be paid a dividend of $0.102 per share on Monday, April 15th. This represents a $0.41 annualized dividend and a yield of 4.46%. The ex-dividend date of this dividend is Thursday, March 28th. 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, May, 8th. The real estate investment trust reported $0.11 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.21 by $0.10. The real estate investment trust earned $81.25 million during the quarter, compared to analyst estimates of $80.70 million. Lexington Realty Trust had a net margin of 72.14% and a return on equity of 21.72%. The company's revenue was down 21.0% compared to the same quarter last year. During the same period in the prior year, the business earned $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 Wednesday, August 14th 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 FY19 earnings guidance on Wednesday, May, 8th. The company provided EPS guidance of $0.75 to $0.79 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.78. Lexington Realty Trust also updated its FY 2019 guidance to $0.75-0.79 EPS.

What price target have analysts set for LXP?

3 analysts have issued twelve-month price targets for Lexington Realty Trust's stock. Their forecasts range from $9.00 to $9.00. On average, they expect Lexington Realty Trust's stock price to reach $9.00 in the next twelve months. This suggests that the stock has a possible downside of 1.6%. View Analyst Price Targets for Lexington Realty Trust.

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

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lexington Realty Trust in the last year. There are currently 3 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?

Media headlines about LXP stock have been trending very positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Lexington Realty Trust earned a coverage optimism score of 3.1 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days.

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), Vereit (VER), NVIDIA (NVDA), AT&T (T), Federal Realty Investment Trust (FRT), Realty Income (O), 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 a variety of of institutional and retail investors. Top institutional investors include LSV Asset Management (4.87%), Macquarie Group Ltd. (2.43%), JPMorgan Chase & Co. (1.80%), Northern Trust Corp (1.54%), Dimensional Fund Advisors LP (1.46%) and Geode Capital Management LLC (1.12%). Company insiders that own Lexington Realty Trust stock include 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 Charles Schwab Investment Management Inc., Parametric Portfolio Associates LLC, Neuberger Berman Group LLC, Teachers Insurance & Annuity Association of America, Sumitomo Mitsui Trust Holdings Inc., SG Americas Securities LLC, Metropolitan Life Insurance Co NY and 6 Meridian. 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 JPMorgan Chase & Co., Renaissance Technologies LLC, Laurion Capital Management LP, Federated Investors Inc. PA, Virginia Retirement Systems ET AL, Geode Capital Management LLC, Hillcrest Asset Management LLC and LSV Asset Management. 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 $9.15.

How big of a company is Lexington Realty Trust?

Lexington Realty Trust has a market capitalization of $2.15 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.

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:  201 (Vote Outperform)
Underperform Votes:  332 (Vote Underperform)
Total Votes:  533
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 5/27/2019 by MarketBeat.com Staff

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