About Lexington Realty Trust (NYSE:LXP)
Lexington Realty Trust is a real estate investment trust (REIT). The Company owns a portfolio of equity and debt investments in single-tenant commercial properties. As of December 31, 2016, the Company had equity ownership interests in approximately 195 consolidated real estate properties, located in 40 states and containing an aggregate of approximately 43.3 million square feet of space, approximately 96.0% of which was leased. The Company conducts its operations either directly or indirectly through property owner subsidiaries and lender subsidiaries, which are single purpose entities; an operating partnership, Lepercq Corporate Income Fund L.P. (LCIF), in which the Company is the sole unit holder of the general partner and the sole unit holder of the limited partner that holds a majority of the limited partner interests; Lexington Realty Advisors, Inc. (LRA), a subsidiary of the Company, and investments in joint ventures.
Industry, Sector and Symbol
Industry Commercial REITs
Trailing P/E Ratio11.12
Forward P/E Ratio11.03
Sales & Book Value
Annual Sales$429.50 million
Price / Sales5.93
Cash Flow$1.10 per share
Price / Cash9.66
Book Value$5.26 per share
Price / Book2.01
Net Income$95.62 million
Return on Equity5.29%
Return on Assets2.00%
Frequently Asked Questions for Lexington Realty Trust (NYSE:LXP)
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 Tuesday, November 7th. Stockholders of record on Friday, December 29th will be given a dividend of $0.1775 per share on Tuesday, January 16th. This represents a $0.71 dividend on an annualized basis and a dividend yield of 6.70%. The ex-dividend date of this dividend is Thursday, December 28th. This is a boost from Lexington Realty Trust's previous quarterly dividend of $0.18. 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 Tuesday, November, 7th. The real estate investment trust reported $0.25 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.24 by $0.01. The real estate investment trust had revenue of $97.70 million for the quarter, compared to analyst estimates of $97.71 million. Lexington Realty Trust had a net margin of 17.96% and a return on equity of 5.29%. The firm's quarterly revenue was down 8.1% compared to the same quarter last year. During the same period last year, the company posted $0.28 EPS. View Lexington Realty Trust's Earnings History.
When will Lexington Realty Trust make its next earnings announcement?
What guidance has Lexington Realty Trust issued on next quarter's earnings?
Lexington Realty Trust updated its FY17 earnings guidance on Tuesday, November, 7th. The company provided earnings per share guidance of $0.95-0.97 for the period, compared to the Thomson Reuters consensus estimate of $0.96.
Where is Lexington Realty Trust's stock going? Where will Lexington Realty Trust's stock price be in 2017?
7 analysts have issued twelve-month price objectives for Lexington Realty Trust's shares. Their predictions range from $10.00 to $11.00. On average, they anticipate Lexington Realty Trust's share price to reach $10.55 in the next year. View Analyst Ratings for Lexington Realty Trust.
Who are some of Lexington Realty Trust's key competitors?
Some companies that are related to Lexington Realty Trust include EPR Properties (EPR), STORE Capital Corporation (STOR), Equity One (EQY), Hammerson plc (HMSO), Cousins Properties Incorporated (CUZ), PS Business Parks (PSB), Empire State Realty Trust (ESRT), Derwent London Plc (DLN), NRF Holdco LLC (NRF), Shaftesbury PLC (SHB), Columbia Property Trust (CXP), Intu Properties PLC (INTU), Washington Real Estate Investment Trust (WRE), Select Income REIT (SIR), American Assets Trust (AAT), Government Properties Income Trust (GOV), Workspace Group plc (WKP) and Global Net Lease (GNL).
Who are Lexington Realty Trust's key executives?
Lexington Realty Trust's management team includes the folowing people:
- E. Robert R. Roskind, Chairman of the Board of Trustees (Age 71)
- T. Wilson Eglin, President, Chief Executive Officer, Trustee (Age 52)
- Patrick Carroll, Chief Financial Officer, Executive Vice President, Treasurer (Age 53)
- Beth Boulerice, Executive Vice President, Chief Accounting Officer (Age 52)
- Joseph S. Bonventre, Executive Vice President, General Counsel, Secretary (Age 41)
- Richard Jon Rouse, Chief Investment Officer (Age 71)
- Richard S. Frary, Lead Independent Trustee (Age 69)
- Howard Roth, Independent Trustee
- Harold First, Independent Trustee (Age 80)
- Lawrence L. Gray, Independent Trustee (Age 52)
Who owns Lexington Realty Trust stock?
Lexington Realty Trust's stock is owned by a number of of retail and institutional investors. Top institutional investors include Macquarie Group Ltd. (2.34%), Bank of New York Mellon Corp (1.43%), Dimensional Fund Advisors LP (1.34%), Schwab Charles Investment Management Inc. (1.14%), Prudential Financial Inc. (0.97%) and American Century Companies Inc. (0.94%). Company insiders that own Lexington Realty Trust stock include Beth Boulerice, E Robert Roskind, Joseph Bonventre, Richard J Rouse and T Wilson Eglin. View Institutional Ownership Trends for Lexington Realty Trust.
Who sold Lexington Realty Trust stock? Who is selling Lexington Realty Trust stock?
Lexington Realty Trust's stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., WINTON GROUP Ltd, Bank of New York Mellon Corp, Neuberger Berman Group LLC, Pinebridge Investments L.P., Citadel Advisors LLC, California State Teachers Retirement System and Dean Investment Associates LLC. Company insiders that have sold Lexington Realty Trust company stock in the last year include E Robert Roskind, Joseph Bonventre and T Wilson Eglin. View Insider Buying and Selling for Lexington Realty Trust.
Who bought Lexington Realty Trust stock? Who is buying Lexington Realty Trust stock?
Lexington Realty Trust's stock was bought by a variety of institutional investors in the last quarter, including American Century Companies Inc., Macquarie Group Ltd., JPMorgan Chase & Co., SG Americas Securities LLC, Ameriprise Financial Inc., Systematic Financial Management LP, Forsta AP Fonden and Schwab Charles Investment Management Inc.. View Insider Buying and Selling for Lexington Realty Trust.
How do I buy Lexington Realty Trust stock?
Shares of Lexington Realty Trust 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 Lexington Realty Trust stock can currently be purchased for approximately $10.59.
How big of a company is Lexington Realty Trust?
Lexington Realty Trust has a market capitalization of $2.54 billion and generates $429.50 million in revenue each year. The real estate investment trust earns $95.62 million in net income (profit) each year or $0.27 on an earnings per share basis. Lexington Realty Trust employs 59 workers across the globe.
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 (LXP)MarketBeat's community ratings are surveys of what our community members think about Lexington Realty Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Earnings History and Estimates Chart for Lexington Realty Trust (NYSE:LXP)
Earnings History by Quarter for Lexington Realty Trust (NYSE LXP)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|3/7/2018|| || || || || || || || |
|11/7/2017||Q3 2017||$0.24||$0.25||$97.71 million||$97.70 million||View||N/A|
|8/8/2017||Q2 2017||$0.24||$0.23||$95.41 million||$95.70 million||View||Listen|
|5/9/2017||Q1 17||$0.24||$0.23||$94.72 million||$96.10 million||View||Listen|
|3/1/2017||Q4 2016||$0.08||$0.24||$95.11 million||$95.30 million||View||Listen|
|11/3/2016||Q316||$0.26||$0.28||$101.21 million||$106.30 million||View||N/A|
|8/9/2016||Q216||$0.27||$0.29||$103.72 million||$109.60 million||View||N/A|
|5/5/2016||Q116||$0.27||$0.30||$107.03 million||$111.60 million||View||N/A|
|2/23/2016||Q415||$0.26||$0.29||$106.33 million||$106.60 million||View||Listen|
|11/5/2015||Q315||$0.26||$0.27||$106.60 million||$105.40 million||View||N/A|
|8/4/2015||Q215||$0.26||$0.27||$105.30 million||$110.30 million||View||N/A|
|5/7/2015||Q115||$0.26||$0.26||$105.97 million||$108.60 million||View||N/A|
|2/19/2015||Q414||$0.27||$0.27||$106.90 million||$108.00 million||View||N/A|
|11/7/2014||Q314||$0.27||$0.28||$109.90 million||$109.50 million||View||N/A|
|8/7/2014||Q214||$0.28||$0.28||$113.10 million||$109.75 million||View||N/A|
|5/8/2014||Q114||$0.28||$0.28||$112.52 million||$112.20 million||View||N/A|
|2/20/2014||Q413||$0.27||$0.28||$105.30 million||$109.60 million||View||N/A|
|11/5/2013||Q313||$0.26||$0.25||$99.96 million||$97.90 million||View||N/A|
|8/7/2013||Q213||$0.24||$0.25||$100.33 million||$99.40 million||View||N/A|
|5/2/2013||Q113||$0.25||$0.25||$96.27 million||$97.10 million||View||N/A|
|2/21/2013||Q412||$0.25||$0.25||$97.44 million||$95.53 million||View||N/A|
|11/6/2012||Q312||$0.24||$0.25||$86.91 million||$87.65 million||View||N/A|
Earnings Estimates for Lexington Realty Trust (NYSE:LXP)
2017 EPS Consensus Estimate: $0.98
2018 EPS Consensus Estimate: $1.02
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Lexington Realty Trust (NYSE:LXP)
|Dividend Growth:||4.50% (3 Year Average)|
|Payout Ratio:||259.26% (Trailing 12 Months of Earnings) |
72.92% (Based on This Year's Estimates)
69.31% (Based on Next Year's Estimates)
|Track Record:||6 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Lexington Realty Trust (NYSE LXP)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Lexington Realty Trust (NYSE LXP)
Insider Ownership Percentage: 3.10%
Institutional Ownership Percentage: 72.68%
Insider Trades by Quarter for Lexington Realty Trust (NYSE LXP)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/14/2017||T Wilson Eglin||CEO||Sell||24,170||$9.81||$237,107.70|| |
|6/12/2017||Joseph Bonventre||EVP||Sell||135,298||$10.13||$1,370,568.74|| |
|5/18/2017||E Robert Roskind||Chairman||Sell||70,000||$9.54||$667,800.00|| |
|12/15/2016||Joseph Bonventre||EVP||Sell||5,000||$10.50||$52,500.00|| |
|8/22/2016||T Wilson Eglin||CEO||Sell||25,000||$10.70||$267,500.00|| |
|8/16/2016||Richard J Rouse||Vice Chairman||Sell||25,000||$10.70||$267,500.00|| |
|6/10/2016||T Wilson Eglin||CEO||Sell||50,000||$9.78||$489,000.00|| |
|6/2/2016||Beth Boulerice||CAO||Sell||7,400||$9.60||$71,040.00|| |
|5/17/2016||Richard J Rouse||Vice Chairman||Sell||10,000||$9.18||$91,800.00|| |
|5/10/2016||Joseph Bonventre||EVP||Sell||13,979||$9.26||$129,445.54|| |
|12/3/2015||Richard J Rouse||Vice Chairman||Sell||38,257||$8.28||$316,767.96|| |
|6/15/2015||T Wilson Eglin||CEO||Buy||50,000||$8.96||$448,000.00|| |
|6/12/2015||E Robert Roskind||Chairman||Sell||10,000||$9.01||$90,100.00|| |
|6/11/2015||Patrick Carroll||CFO||Buy||25,000||$8.97||$224,250.00|| |
|6/10/2015||E Robert Roskind||Chairman||Sell||40,000||$9.05||$362,000.00|| |
|6/10/2015||Richard J Rouse||Vice Chairman||Sell||30,000||$9.03||$270,900.00|| |
|6/9/2015||E Robert Roskind||Chairman||Sell||1,504||$9.00||$13,536.00|| |
|6/8/2015||E Robert Roskind||Chairman||Sell||20,000||$9.06||$181,200.00|| |
|12/3/2014||Patrick Carroll||CFO||Sell||43,225||$11.21||$484,552.25|| |
|11/18/2014||Patrick Carroll||CFO||Sell||2,125||$11.05||$23,481.25|| |
|9/8/2014||E Robert Roskind||Chairman||Sell||30,000||$11.15||$334,500.00|| |
|9/3/2014||Richard J Rouse||Chairman||Sell||46,817||$10.94||$512,177.98|| |
|3/13/2014||E Robert Roskind||Chairman||Sell||40,000||$11.25||$450,000.00|| |
|3/6/2014||Patrick Carroll||CFO||Sell||55,000||$11.68||$642,400.00|| |
|12/12/2013||Richard Rouse||Chairman||Sell||20,000||$10.13||$202,600.00|| |
|8/15/2013||E Robert Roskind||Chairman||Sell||40,000||$12.11||$484,400.00|| |
|6/6/2013||T Wilson Eglin||CEO||Sell||124,000||$12.35||$1,531,400.00|| |
|6/5/2013||E Robert Roskind||Chairman||Sell||35,000||$12.23||$428,050.00|| |
Latest Headlines for Lexington Realty Trust (NYSE LXP)
|Lexington Realty Trust: Am IA Fool? - Seeking Alpha|
seekingalpha.com - November 18 at 4:27 AM
|Lexington Realty Trust (LXP) Expected to Announce Quarterly Sales of $98.61 Million|
www.americanbankingnews.com - November 18 at 3:56 AM
|$0.25 EPS Expected for Lexington Realty Trust (LXP) This Quarter|
www.americanbankingnews.com - November 16 at 9:28 PM
|Lexington Realty Trust (LXP) Given Consensus Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - November 12 at 5:58 PM
|FY2017 EPS Estimates for Lexington Realty Trust (LXP) Cut by Analyst|
www.americanbankingnews.com - November 10 at 2:34 PM
|Lexington Realty Trust Expected to Post FY2017 Earnings of $0.95 Per Share (LXP)|
www.americanbankingnews.com - November 9 at 7:34 AM
|Lexington Realty Trust (LXP) Misses Q3 EPS by 5c, Beats on Revenues; Offers FY17 EPS Guidance Above Consensus|
www.streetinsider.com - November 8 at 9:32 PM
|Lexington Realty Trust's (LXP) CEO Will Eglin on Q3 2017 Results - Earnings Call Transcript|
seekingalpha.com - November 8 at 9:31 PM
|Edited Transcript of LXP earnings conference call or presentation 7-Nov-17 1:30pm GMT|
finance.yahoo.com - November 8 at 9:31 PM
|Lexington Realty Trust (LXP) Names Howard Roth to Board - StreetInsider.com|
www.streetinsider.com - November 8 at 4:27 PM
|Lexington Realty Trust breached its 50 day moving average in a Bullish Manner : LXP-US : November 8, 2017|
finance.yahoo.com - November 8 at 4:27 PM
|Lexington Realty Trust Announces Appointment of Howard Roth to Board of Trustees|
feeds.benzinga.com - November 8 at 6:46 AM
|Lexington Realty Trust (LXP) Announces Quarterly Earnings Results, Beats Expectations By $0.01 EPS|
www.americanbankingnews.com - November 7 at 3:34 PM
|Lexington Realty Trust (LXP) Issues FY17 Earnings Guidance|
www.americanbankingnews.com - November 7 at 11:15 AM
|Lexington Realty Trust (LXP) Increases Dividend to $0.18 Per Share|
www.americanbankingnews.com - November 7 at 9:28 AM
|Lexington Realty Trust Raises Dividend - Quick Facts|
www.nasdaq.com - November 7 at 6:35 AM
|Lexington Realty Trust Profit Retreats 10% In Q3|
www.rttnews.com - November 7 at 6:35 AM
|Lexington Realty Trust Reports Third Quarter 2017 Results and Announces Dividend Increase|
finance.yahoo.com - November 7 at 6:35 AM
|Lexington Realty reports 3Q results|
finance.yahoo.com - November 7 at 6:35 AM
|Is a Surprise Coming for Lexington Realty (LXP) This Earnings ... - Nasdaq|
www.nasdaq.com - November 3 at 3:53 PM
|Lexington Realty Trust (LXP) Scheduled to Post Earnings on Tuesday|
www.americanbankingnews.com - October 31 at 12:44 PM
|Lexington Realty Trust (LXP) Expected to Announce Quarterly Sales of $95.48 Million|
www.americanbankingnews.com - October 29 at 4:30 AM
|Lexington Realty Trust breached its 50 day moving average in a Bearish Manner : LXP-US : October 27, 2017|
finance.yahoo.com - October 28 at 7:55 AM
|Head-To-Head Survey: Resource Capital Corp. (RSO) vs. Lexington Realty Trust (LXP)|
www.americanbankingnews.com - October 27 at 11:26 PM
|Lexington Realty Trust Stock Sees Short Interest Make 21.3% Move|
www.thestreet.com - October 27 at 5:50 AM
|Ex-Div Reminder for Lexington Realty Trust's 6.50% Series C Cumulative Convertible Preferred Stock|
www.nasdaq.com - October 27 at 5:50 AM
|Lexington Realty Trust (LXP) versus Its Rivals Critical Analysis|
www.americanbankingnews.com - October 25 at 5:40 PM
|What A Fool Believes: Should You Buy This High-Paying Net Lease REIT?|
seekingalpha.com - October 25 at 6:55 AM
|High-Yield REIT Stock Yields 6.7%, Low AFFO Payout Ratio And Valuation, Dividend Upside|
seekingalpha.com - October 20 at 5:50 AM
|Lexington Realty Trust (LXP) Given Average Rating of "Hold" by Analysts|
www.americanbankingnews.com - October 18 at 8:40 PM
|Q3 2017 Earnings Forecast for Lexington Realty Trust (LXP) Issued By Jefferies Group|
www.americanbankingnews.com - October 18 at 8:26 AM
|Lexington Realty Trust to Report Third Quarter 2017 Financial Results and Conference Call on November 7, 2017 - GlobeNewswire (press release)|
globenewswire.com - October 18 at 6:42 AM
|Lexington Realty Trust to Report Third Quarter 2017 Financial Results and ...|
www.nasdaq.com - October 16 at 7:58 PM
|Lexington Realty Trust to Report Third Quarter 2017 Financial Results and Conference Call on November 7, 2017|
finance.yahoo.com - October 16 at 7:58 PM
|Lexington Realty Trust : LXP-US: Dividend Analysis : September 29th, 2017 (record date) : By the numbers : October 12, 2017|
finance.yahoo.com - October 13 at 6:33 AM
|$95.48 Million in Sales Expected for Lexington Realty Trust (LXP) This Quarter|
www.americanbankingnews.com - October 10 at 8:51 AM
|Zacks: Brokerages Expect Lexington Realty Trust (LXP) to Announce $0.25 EPS|
www.americanbankingnews.com - October 8 at 12:24 PM
|Corporate News Blog - Lexington Announces Acquisition of Three-Property Industrial Portfolio|
finance.yahoo.com - October 6 at 10:08 AM
|Lexington Realty Trust Acquires Three-Property Industrial Portfolio for $200 Million - GlobeNewswire (press release)|
globenewswire.com - October 2 at 10:12 PM
|Lexington Realty Trust (LXP) Buys 3-Property Industrial Portfolio for $200 Million|
www.streetinsider.com - October 2 at 5:11 PM
|Lexington Realty Trust Acquires Three-Property Industrial Portfolio for $200 Million|
finance.yahoo.com - October 2 at 12:09 PM
|Should You Be Tempted To Sell Lexington Realty Trust (LXP) Because Of Its PE Ratio?|
finance.yahoo.com - October 1 at 5:39 PM
|Lexington Realty Trust (LXP) versus The Competition Critical Review|
www.americanbankingnews.com - September 30 at 12:30 AM
|Lexington Realty Trust (LXP) Ex-Dividend Date Scheduled for September 28, 2017 - Nasdaq|
www.nasdaq.com - September 27 at 9:59 AM
|Equities Analysts Set Expectations for Lexington Realty Trust's Q3 2017 Earnings (LXP)|
www.americanbankingnews.com - September 27 at 8:28 AM
|Q3 2017 Earnings Estimate for Lexington Realty Trust (LXP) Issued By Jefferies Group|
www.americanbankingnews.com - September 26 at 7:30 AM
|LXP Crosses Above Key Moving Average Level|
www.nasdaq.com - September 25 at 7:14 PM
|DA Davidson Starts Lexington Realty Trust (LXP) at Neutral - StreetInsider.com|
www.streetinsider.com - September 25 at 8:32 AM
|Lexington Realty Trust's (LXP) "Hold" Rating Reiterated at KeyCorp|
www.americanbankingnews.com - September 24 at 9:14 AM
|Lexington Realty Trust (LXP) Given Average Rating of "Hold" by Brokerages|
www.americanbankingnews.com - September 23 at 6:34 PM
Lexington Realty Trust (NYSE LXP) Chart for Saturday, November, 25, 2017