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NYSE:LXP

Lexington Realty Trust Stock Forecast, Price & News

$10.45
+0.12 (+1.16 %)
(As of 09/25/2020 12:00 AM ET)
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Today's Range
$10.26
Now: $10.45
$10.46
50-Day Range
$10.23
MA: $11.33
$11.94
52-Week Range
$7.86
Now: $10.45
$12.08
Volume1.33 million shs
Average Volume2.18 million shs
Market Capitalization$2.89 billion
P/E Ratio10.05
Dividend Yield4.07%
Beta0.65
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: 1.0Community Rank: 1.9Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.70 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$1.62 per share
Book Value$6.58 per share

Profitability

Net Income$279.91 million

Miscellaneous

Employees60
Market Cap$2.89 billion
Next Earnings Date11/4/2020 (Estimated)
OptionableOptionable
$10.45
+0.12 (+1.16 %)
(As of 09/25/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Lexington Realty Trust (NYSE:LXP) Frequently Asked Questions

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

Lexington Realty Trust's stock was trading at $9.82 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, LXP shares have increased by 6.4% and is now trading at $10.45.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of 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 hold ratings 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, November 4th 2020.
View our earnings forecast for Lexington Realty Trust
.

How were Lexington Realty Trust's earnings last quarter?

Lexington Realty Trust (NYSE:LXP) posted its quarterly earnings data on Thursday, August, 6th. The real estate investment trust reported $0.06 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.19 by $0.13. The real estate investment trust had revenue of $81.79 million for the quarter, compared to analyst estimates of $79.61 million. Lexington Realty Trust had a return on equity of 16.26% and a net margin of 81.16%. Lexington Realty Trust's revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the company 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 Tuesday, September 15th. Investors of record on Wednesday, September 30th will be given a dividend of $0.105 per share on Thursday, October 15th. This represents a $0.42 annualized dividend and a yield of 4.02%. The ex-dividend date is Tuesday, September 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 FY 2020 Pre-Market earnings guidance on Thursday, August, 6th. The company provided earnings per share guidance of 0.74-0.76 for the period.

What price target have analysts set for LXP?

3 brokerages have issued 12 month price objectives for Lexington Realty Trust's shares. Their forecasts range from $9.00 to $11.00. On average, they anticipate Lexington Realty Trust's stock price to reach $10.17 in the next twelve months. This suggests that the stock has a possible downside of 2.7%.
View analysts' price targets for Lexington Realty Trust
.

Are investors shorting Lexington Realty Trust?

Lexington Realty Trust saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 9,080,000 shares, an increase of 12.1% from the August 15th total of 8,100,000 shares. Based on an average daily volume of 2,010,000 shares, the days-to-cover ratio is presently 4.5 days.
View Lexington Realty Trust's Short Interest
.

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), Vereit (VER), Federal Realty Investment Trust (FRT), New Residential Investment (NRZ), AT&T (T), Ford Motor (F), Stag Industrial (STAG), Uniti Group (UNIT), Realty Income (O) and Government Properties Income Trust (GOV).

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 Vanguard Group Inc. (16.30%), Macquarie Group Ltd. (4.66%), LSV Asset Management (3.09%), Bank of New York Mellon Corp (1.39%), Charles Schwab Investment Management Inc. (1.36%) and Victory Capital Management Inc. (1.09%). Company insiders that own Lexington Realty Trust stock include Joseph Bonventre and Lara Sweeney Johnson.
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 Goldman Sachs Group Inc., Victory Capital Management Inc., Glenmede Trust Co. NA, UBS Group AG, LSV Asset Management, WINTON GROUP Ltd, First Quadrant L P CA, and Federated Hermes Inc..
View insider buying and selling activity 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 Vanguard Group Inc., Charles Schwab Investment Management Inc., Macquarie Group Ltd., Bank of New York Mellon Corp, Barclays PLC, Public Employees Retirement System of Ohio, Bank of Montreal Can, and Foster & Motley 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 $10.45.

How big of a company is Lexington Realty Trust?

Lexington Realty Trust has a market capitalization of $2.89 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 9/27/2020 by MarketBeat.com Staff

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