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NYSE:LXPLexington Realty Trust Stock Price, Forecast & News

$9.60
-0.06 (-0.62 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$9.52
Now: $9.60
$9.68
50-Day Range
$8.69
MA: $9.91
$10.89
52-Week Range
$7.86
Now: $9.60
$11.81
Volume2.40 million shs
Average Volume2.42 million shs
Market Capitalization$2.49 billion
P/E Ratio8.97
Dividend Yield4.38%
Beta0.72
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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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$6.21 per share

Profitability

Net Income$279.91 million

Miscellaneous

Employees60
Market Cap$2.49 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 stock has decreased by 2.2% and is now trading at $9.60. 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) announced its quarterly earnings results on Thursday, May, 7th. The real estate investment trust reported $0.06 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.19 by $0.13. The real estate investment trust had revenue of $80.80 million for the quarter, compared to the consensus estimate of $80.17 million. Lexington Realty Trust had a return on equity of 18.04% and a net margin of 82.95%. The company's revenue for the quarter was down .6% on a year-over-year basis. During the same period in the previous year, the company posted $0.20 EPS. 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 declared a quarterly dividend on Monday, March 16th. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.105 per share on Wednesday, April 15th. This represents a $0.42 annualized dividend and a yield of 4.38%. The ex-dividend date of this dividend is Monday, March 30th. View Lexington Realty Trust's dividend history.

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

Lexington Realty Trust issued an update on 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 12-month price objectives for Lexington Realty Trust's stock. Their forecasts range from $9.00 to $11.00. On average, they anticipate Lexington Realty Trust's stock price to reach $10.13 in the next year. This suggests a possible upside of 5.5% from the stock's current price. 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 positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public 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 1.0 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future. View the latest news aboutLexington 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 shareholders include State Street Corp (4.15%), Victory Capital Management Inc. (1.47%), Victory Capital Management Inc. (1.45%), Geode Capital Management LLC (1.32%), Massachusetts Financial Services Co. MA (1.31%) and Bank of New York Mellon Corp (1.32%). 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 Foundry Partners LLC, Invesco Ltd., Peregrine Capital Management LLC, Chicago Equity Partners LLC, Deutsche Bank AG, Shikiar Asset Management Inc., First Trust Advisors LP, and Bank of New York Mellon Corp. Company insiders that have sold Lexington Realty Trust company stock in the last year include Joseph Bonventre, and Lara Sweeney Johnson. 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 Wellington Management Group LLP, State Street Corp, Rothschild & Co. Asset Management US Inc., Massachusetts Financial Services Co. MA, WINTON GROUP Ltd, Virginia Retirement Systems ET AL, Victory Capital Management Inc., and Victory Capital Management Inc.. 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 $9.60.

How big of a company is Lexington Realty Trust?

Lexington Realty Trust has a market capitalization of $2.49 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 5/30/2020 by MarketBeat.com Staff

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