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

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$8.98 +0.02 (+0.22 %)
(As of 04/18/2019 10:19 AM ET)
Previous Close$8.96
Today's Range$8.93 - $8.98
52-Week Range$7.59 - $9.70
Volume3,727 shs
Average Volume1.83 million shs
Market Capitalization$2.11 billion
P/E Ratio9.35
Dividend Yield4.59%
Beta1
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$1.6660 per share
Book Value$5.30 per share

Profitability

Net Income$227.41 million

Miscellaneous

Employees60
Market Cap$2.11 billion
Next Earnings Date5/14/2019 (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 declared a quarterly dividend on Wednesday, February 27th. Shareholders of record on Friday, March 29th will be given a dividend of $0.102 per share on Monday, April 15th. This represents a $0.41 annualized dividend and a yield of 4.54%. 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) released its quarterly earnings results on Wednesday, February, 27th. The real estate investment trust reported $0.10 earnings per share for the quarter, missing analysts' consensus estimates of $0.20 by $0.10. The real estate investment trust earned $87.25 million during the quarter, compared to the consensus estimate of $86.04 million. Lexington Realty Trust had a return on equity of 18.56% and a net margin of 57.52%. Lexington Realty Trust's quarterly revenue was down 14.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.26 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, May 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, February, 27th. The company provided earnings per share guidance of $0.75 to $0.79 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.79. Lexington Realty Trust also updated its FY 2019 guidance to $0.75-0.79 EPS.

What price target have analysts set for LXP?

4 brokerages have issued twelve-month price objectives for Lexington Realty Trust's shares. Their predictions range from $7.00 to $9.00. On average, they anticipate Lexington Realty Trust's share price to reach $8.3333 in the next twelve months. This suggests that the stock has a possible downside of 7.2%. View Analyst Price Targets for Lexington Realty Trust.

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

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lexington Realty Trust in the last year. There are currently 1 sell rating and 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?

News articles about LXP stock have been trending somewhat positive this week, InfoTrie reports. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Lexington Realty Trust earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future.

Are investors shorting Lexington Realty Trust?

Lexington Realty Trust saw a decrease in short interest in March. As of March 15th, there was short interest totalling 6,176,823 shares, a decrease of 24.9% from the February 28th total of 8,220,143 shares. Based on an average daily volume of 2,841,617 shares, the short-interest ratio is currently 2.2 days. Currently, 2.7% of the shares of the company 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), NVIDIA (NVDA), New Residential Investment (NRZ), Vereit (VER), AT&T (T), Federal Realty Investment Trust (FRT), Realty Income (O), Government Properties Income Trust (GOV), General Electric (GE) and Stag Industrial (STAG).

Who are Lexington Realty Trust's key executives?

Lexington Realty Trust's management team includes the folowing people:
  • Mr. T. Wilson Eglin, Pres, CEO & Trustee (Age 54)
  • Mr. Patrick Carroll, Exec. VP, CFO & Treasurer (Age 55)
  • Mr. Joseph S. Bonventre, Exec. VP, Gen. Counsel & Sec. (Age 43)
  • Mr. Mark Cherone, Chief Accounting Officer
  • Ms. Heather T. Gentry, Sr. VP of 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 Peregrine Capital Management LLC (0.40%), Manning & Napier Group LLC (0.18%), KAMES CAPITAL plc (0.04%), Gateway Investment Advisers LLC (0.04%), 6 Meridian (0.01%) and Virtu Financial LLC (0.01%). 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 major investors are selling Lexington Realty Trust stock?

LXP stock was sold by a variety of institutional investors in the last quarter, including 6 Meridian, Gateway Investment Advisers LLC, Peregrine Capital Management LLC, Wedbush Securities Inc. and Gradient Investments LLC. View Insider Buying and Selling for Lexington Realty Trust.

Which major investors are buying Lexington Realty Trust stock?

LXP stock was acquired by a variety of institutional investors in the last quarter, including KAMES CAPITAL plc, Manning & Napier Group LLC, Virtu Financial LLC and Nisa Investment Advisors 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 $8.98.

How big of a company is Lexington Realty Trust?

Lexington Realty Trust has a market capitalization of $2.11 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:  192 (Vote Outperform)
Underperform Votes:  323 (Vote Underperform)
Total Votes:  515
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 4/18/2019 by MarketBeat.com Staff

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