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NYSE:LXPLexington Realty Trust Stock Price, Forecast & News

$10.40
+0.01 (+0.10 %)
(As of 07/10/2020 04:00 PM ET)
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Today's Range
$10.38
Now: $10.40
$10.56
50-Day Range
$9.26
MA: $10.29
$10.99
52-Week Range
$7.86
Now: $10.40
$11.81
Volume1.38 million shs
Average Volume2.80 million shs
Market Capitalization$2.69 billion
P/E Ratio9.72
Dividend Yield4.04%
Beta0.68
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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Lexington Realty Trust logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.1Community Rank: 1.9Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.89 out of 5 stars


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$325.97 million
Cash Flow$1.75 per share
Book Value$6.58 per share

Profitability

Net Income$279.91 million

Miscellaneous

Employees60
Market Cap$2.69 billion
Next Earnings Date8/5/2020 (Estimated)
OptionableOptionable

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Lexington Realty Trust (NYSE:LXP) Frequently Asked Questions

How has Lexington Realty Trust's stock been impacted by COVID-19 (Coronavirus)?

Lexington Realty Trust's stock was trading at $9.82 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, LXP shares have increased by 5.9% and is now trading at $10.40. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Lexington Realty Trust.

When is Lexington Realty Trust's next earnings date?

Lexington Realty Trust is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Lexington Realty Trust.

How were Lexington Realty Trust's earnings last quarter?

Lexington Realty Trust (NYSE:LXP) released its quarterly earnings results on Thursday, May, 7th. The real estate investment trust reported $0.06 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.19 by $0.13. The real estate investment trust earned $80.80 million during the quarter, compared to analysts' expectations of $80.17 million. Lexington Realty Trust had a net margin of 82.95% and a return on equity of 18.04%. The company's revenue was down .6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.20 earnings per share. View Lexington Realty Trust's earnings history.

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 15th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.105 per share on Wednesday, July 15th. This represents a $0.42 annualized dividend and a dividend yield of 4.04%. The ex-dividend date of this dividend is Monday, June 29th. View Lexington Realty Trust's dividend history.

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

Lexington Realty Trust updated its FY20 earnings guidance on Thursday, May, 7th. The company provided EPS guidance of $0.74-0.77 for the period, compared to the Thomson Reuters consensus estimate of $0.76.

What price target have analysts set for LXP?

4 brokers have issued 1 year price objectives for Lexington Realty Trust's stock. Their forecasts range from $9.00 to $11.00. On average, they expect Lexington Realty Trust's stock price to reach $10.13 in the next year. This suggests that the stock has a possible downside of 2.6%. View analysts' price targets for Lexington Realty Trust.

Has Lexington Realty Trust been receiving favorable news coverage?

Media coverage about LXP stock has been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. 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 impact score of -1.8 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news about Lexington Realty Trust.

Who are some of Lexington Realty Trust's key competitors?

What other stocks do shareholders of Lexington Realty Trust own?

Who are Lexington Realty Trust's key executives?

Lexington Realty Trust's management team includes the following 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)

What is Lexington Realty Trust's stock symbol?

Lexington Realty Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "LXP."

Who are Lexington Realty Trust's major shareholders?

Lexington Realty Trust's stock is owned by a number of institutional and retail investors. Top institutional investors include State of Alaska Department of Revenue (0.13%), Pensionfund Sabic (0.03%), Envestnet Asset Management Inc. (0.02%), 6 Meridian (0.01%), Diversified Trust Co (0.00%) and Canandaigua National Corp (0.00%). Company insiders that own Lexington Realty Trust stock include Joseph Bonventre and Lara Sweeney Johnson. 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 6 Meridian, and Envestnet Asset Management Inc.. View insider buying and selling activity 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 State of Alaska Department of Revenue, Diversified Trust Co, Canandaigua National Corp, and Pensionfund Sabic. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Lexington Realty Trust's stock price today?

One share of LXP stock can currently be purchased for approximately $10.40.

How big of a company is Lexington Realty Trust?

Lexington Realty Trust has a market capitalization of $2.69 billion and generates $325.97 million in revenue each year. The real estate investment trust earns $279.91 million in net income (profit) each year or $0.80 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 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]

This page was last updated on 7/11/2020 by MarketBeat.com Staff

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