Lexington Realty Trust (LXP)
| Market Cap | 3.05B |
| Revenue (ttm) | 331.72M |
| Net Income (ttm) | 345.40M |
| Shares Out | 287.52M |
| EPS (ttm) | 1.22 |
| PE Ratio | 8.72 |
| Forward PE | n/a |
| Dividend | $0.47 (4.41%) |
| Ex-Dividend Date | Jun 29, 2022 |
| Volume | 722,595 |
| Open | 10.68 |
| Previous Close | 10.86 |
| Day's Range | 10.55 - 10.72 |
| 52-Week Range | 9.98 - 16.11 |
| Beta | 0.77 |
| Analysts | Hold |
| Price Target | 14.41 (+35.8%) |
| Earnings Date | Aug 4, 2022 |
About LXP
Lexington Realty Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) that owns a portfolio of real estate assets consisting primarily of equity investments in single-tenant net-leased industrial 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. [Read more...]
Financial Performance
In 2021, LXP's revenue was $344.00 million, an increase of 4.10% compared to the previous year's $330.45 million. Earnings were $382.65 million, an increase of 108.75%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for LXP stock is "Hold." The 12-month stock price forecast is 14.41, which is an increase of 35.82% from the latest price.
News
LXP Industrial Trust Announces Quarterly Common Share Dividend
NEW YORK, June 15, 2022 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE: LXP), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today announced t...
LXP Industrial (LXP) Q1 FFO and Revenues Lag Estimates
LXP Industrial (LXP) delivered FFO and revenue surprises of -5.88% and 1.24%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
LXP Industrial Trust Reports First Quarter 2022 Results
NEW YORK, May 05, 2022 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE:LXP), a real estate investment trust focused on single-tenant warehouse/distribution real estate investments, today announce...
LXP Industrial Trust to Report First Quarter 2022 Results and Host Conference Call May 5, 2022
NEW YORK, April 25, 2022 (GLOBE NEWSWIRE) -- LXP Industrial Trust (NYSE:LXP) (“LXP”), a real estate investment trust (REIT) focused on single-tenant warehouse and distribution real estate investments, t...
Why LXP Industrial Trust Stock Flopped Badly on Friday
The REIT's review of strategic alternatives has concluded with a whimper instead of a bang.
LXP Industrial Trust Suspends Strategic Alternatives Process
Remains Open to Opportunities to Maximize Shareholder Value Remains Open to Opportunities to Maximize Shareholder Value
LXP Industrial Trust Appoints Arun Gupta to Board of Trustees
Gupta Brings Valuable Expertise in M&A Transactions, Cybersecurity and Technology Gupta Brings Valuable Expertise in M&A Transactions, Cybersecurity and Technology
Visitt Signs Agreement with LXP Industrial Trust for Property Operations Digital Transformation
NEW YORK, March 1, 2022 /PRNewswire/ -- Visitt , the next-gen property operations system for commercial, office, multifamily and industrial real estate, signed a portfolio-wide agreement with LXP Indust...
LXP Industrial (LXP) Lags Q4 FFO Estimates
LXP Industrial (LXP) delivered FFO and revenue surprises of -5.26% and 3.92%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
LXP Industrial Trust Reports Fourth Quarter 2021 Results
NEW YORK, Feb. 24, 2022 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE:LXP), a real estate investment trust focused on single-tenant warehouse/distribution real estate investments, today announc...
LXP Industrial Trust to Review Letter from Land & Buildings
NEW YORK, Jan. 30, 2022 (GLOBE NEWSWIRE) -- LXP Industrial Trust (NYSE:LXP) (“LXP”), a real estate investment trust (REIT) focused on single-tenant warehouse and distribution real estate investments, an...
LXP Industrial Trust to Report Fourth Quarter 2021 Results and Host Conference Call February 24, 2022
NEW YORK, Jan. 27, 2022 (GLOBE NEWSWIRE) -- LXP Industrial Trust (NYSE:LXP) (“LXP”), a real estate investment trust (REIT) focused on single-tenant warehouse and distribution real estate investments, to...
LXP Industrial Trust Announces Final Dividend Allocation for 2021
NEW YORK, Jan. 20, 2022 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE: LXP), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today announced i...
LXP Industrial Trust Launches Joint Venture
$550 Million Recapitalization of Special Purpose Industrial Portfolio
PGRE vs. LXP: Which Stock Is the Better Value Option?
PGRE vs. LXP: Which Stock Is the Better Value Option?
Lexington Realty Trust Rebrands and Changes Name to LXP Industrial Trust
Highlights Successful Transformation to Industrial Focused Portfolio and Growth Strategy Highlights Successful Transformation to Industrial Focused Portfolio and Growth Strategy
PGRE or LXP: Which Is the Better Value Stock Right Now?
PGRE vs. LXP: Which Stock Is the Better Value Option?
Lexington Realty Trust Comments on Land & Buildings' Nominations
NEW YORK, Dec. 06, 2021 (GLOBE NEWSWIRE) -- Lexington Realty Trust (NYSE:LXP) (“LXP”), a real estate investment trust focused on single-tenant industrial real estate investments, today issued the follow...
Land & Buildings Nominates Donna Brandin and Jonathan Litt for Election to the Board of Lexington Realty Trust
STAMFORD, Conn.--(BUSINESS WIRE)--Today Land & Buildings Investment Management, LLC (together with its affiliates, “Land & Buildings”), a significant shareholder of Lexington Realty Trust (“LXP,” “Lexin...
Land & Buildings Issues Presentation Detailing Why Shareholder Accountability is Needed at Lexington Realty Trust
STAMFORD, Conn.--(BUSINESS WIRE)--Today Land & Buildings Investment Management, LLC (together with its affiliates, “Land & Buildings”), a significant shareholder of Lexington Realty Trust (“LXP,” “Lexin...
Land & Buildings Issues Open Letter to Lexington Realty Trust Shareholders
STAMFORD, Conn.--(BUSINESS WIRE)--Today Land & Buildings Investment Management, LLC (together with its affiliates, “Land & Buildings”), a significant shareholder of Lexington Realty Trust (“LXP,” “Lexin...
Lexington Realty (LXP) Q3 FFO and Revenues Beat Estimates
Lexington Realty (LXP) delivered FFO and revenue surprises of 5.56% and 3.17%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Lexington Realty Trust Reports Third Quarter 2021 Results
95% of Gross Assets Now Industrial - Marking Substantial Completion of Portfolio Transformation
Lexington Realty Trust Announces First Place Ranking for U.S. Industrial Listed Peer Group in 2021 GRESB® Assessment
NEW YORK, Oct. 18, 2021 (GLOBE NEWSWIRE) -- Lexington Realty Trust (NYSE:LXP) (“LXP”), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today announced ...
Lexington Realty Trust to Report Third Quarter 2021 Results and Host Conference Call on November 4, 2021
NEW YORK, Oct. 14, 2021 (GLOBE NEWSWIRE) -- Lexington Realty Trust (NYSE:LXP) (“Lexington”), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today anno...