Lexington Realty Trust (LXP)
| Market Cap | 3.70B |
| Revenue (ttm) | 341.93M |
| Net Income (ttm) | 253.39M |
| Shares Out | 275.57M |
| EPS (ttm) | 0.92 |
| PE Ratio | 14.07 |
| Forward PE | n/a |
| Dividend | $0.43 (3.30%) |
| Ex-Dividend Date | Sep 29, 2021 |
| Volume | 786,348 |
| Open | 13.04 |
| Previous Close | 13.11 |
| Day's Range | 12.89 - 13.11 |
| 52-Week Range | 9.54 - 14.10 |
| Beta | 0.64 |
| Analysts | Buy |
| Price Target | 14.60 (+12.7%) |
| Est. Earnings Date | Nov 4, 2021 |
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.
Financial Performance
In 2020, LXP's revenue was $330.45 million, an increase of 1.37% compared to the previous year's $325.97 million. Earnings were $183.30 million, a decrease of -34.51%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for LXP stock is "Buy." The 12-month stock price forecast is 14.60, which is an increase of 12.70% from the latest price.
News
Lexington Realty Trust Announces Quarterly Common Share Dividend
NEW YORK, Sept. 15, 2021 (GLOBE NEWSWIRE) -- Lexington Realty Trust (NYSE:LXP) (“Lexington”), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today ann...
Lexington (LXP) to Offer $400M Senior Notes, To Repay Debt
In a bid to procure additional capital, Lexington (LXP) priced $400 million in principal amount of senior unsecured notes at 99.758% of the aggregate principal amount.
Lexington Realty Trust Announces Pricing of Public Offering of $400 Million of Senior Notes
NEW YORK, Aug. 16, 2021 (GLOBE NEWSWIRE) -- Lexington Realty Trust (NYSE: LXP) (“Lexington”), a real estate investment trust (“REIT”) focused on single-tenant industrial real estate investments, today a...
Lexington Realty (LXP) Q2 FFO Lag Estimates
Lexington Realty (LXP) delivered FFO and revenue surprises of -5.26% and 1.79%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Lexington Realty Trust Reports Second Quarter 2021 Results
NEW YORK, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Lexington Realty Trust (“Lexington”) (NYSE:LXP), a real estate investment trust focused on single-tenant industrial real estate investments, today announced r...
Lexington Realty Trust to Report Second Quarter 2021 Results and Host Conference Call on August 5, 2021
NEW YORK, July 15, 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...
Lexington Realty Trust Announces Quarterly Common Share Dividend
NEW YORK, June 15, 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...
Lexington Realty Trust Announces Appointment of Elizabeth Noe to Board of Trustees
NEW YORK, May 18, 2021 (GLOBE NEWSWIRE) -- Lexington Realty Trust (“Lexington”) (NYSE:LXP), a real estate investment trust focused on single-tenant industrial real estate investments, today announced th...
Lexington Realty Trust Announces Pricing of Public Offering of Common Shares
NEW YORK, May 11, 2021 (GLOBE NEWSWIRE) -- Lexington Realty Trust (NYSE:LXP) (“Lexington”), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today annou...
Lexington Realty Trust Announces Public Offering of Common Shares
NEW YORK, May 10, 2021 (GLOBE NEWSWIRE) -- Lexington Realty Trust (NYSE:LXP) (“Lexington”), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today annou...
Lexington Realty (LXP) Q1 FFO and Revenues Surpass Estimates
Lexington Realty (LXP) delivered FFO and revenue surprises of 15.79% and 14.92%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Lexington Realty Trust Reports First Quarter 2021 Results
NEW YORK, May 07, 2021 (GLOBE NEWSWIRE) -- Lexington Realty Trust (“Lexington”) (NYSE:LXP), a real estate investment trust focused on single-tenant industrial real estate investments, today announced re...
Lexington Realty Trust to Report First Quarter 2021 Results and Host Conference Call on May 7, 2021
NEW YORK, April 19, 2021 (GLOBE NEWSWIRE) -- Lexington Realty Trust (NYSE:LXP) (“Lexington”), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today ann...
Lexington Realty (LXP) Q4 FFO and Revenues Surpass Estimates
Lexington Realty (LXP) delivered FFO and revenue surprises of 5.56% and 1.39%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
Lexington Realty Trust Reports Fourth Quarter 2020 Results
NEW YORK, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Lexington Realty Trust (“Lexington”) (NYSE:LXP), a real estate investment trust focused on single-tenant industrial real estate investments, today announced r...
Lexington Realty Trust to Report Fourth Quarter 2020 Results and Host Conference Call on February 18, 2021
NEW YORK, Jan. 28, 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...
Lexington Realty Trust Final Dividend Allocation for 2020
NEW YORK, Jan. 22, 2021 (GLOBE NEWSWIRE) -- Lexington Realty Trust (“Lexington”) (NYSE: LXP), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today ann...
Lexington Realty Trust: Transition Is Underappreciated, Shares Are A Buy
Lexington Realty Trust has made great progress in recent years in its transition to an industrial-focused REIT. Its strategy of focusing on both Tier-1 and Tier-2 markets enables it to grow opportunisti...
Lexington Realty Trust Announces Sale Of Dow Chemical Office Property
NEW YORK, Nov. 11, 2020 (GLOBE NEWSWIRE) -- Lexington Realty Trust (NYSE:LXP) (“Lexington”), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today anno...
Lexington Realty Trust (LXP) CEO Will Eglin on Q3 2020 Results - Earnings Call Transcript
Lexington Realty Trust (LXP) CEO Will Eglin on Q3 2020 Results - Earnings Call Transcript
Lexington Realty (LXP) Q3 FFO Meet Estimates
Lexington Realty (LXP) delivered FFO and revenue surprises of 0.00% and 4.34%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Lexington Realty Trust Reports Third Quarter 2020 Results and Announces Dividend Increase
NEW YORK, Nov. 05, 2020 (GLOBE NEWSWIRE) -- Lexington Realty Trust (“Lexington”) (NYSE:LXP), a real estate investment trust focused on single-tenant industrial real estate investments, today announced r...
Lexington Realty Trust to Report Third Quarter 2020 Financial Results and Host Conference Call on November 5, 2020
NEW YORK, Oct. 12, 2020 (GLOBE NEWSWIRE) -- Lexington Realty Trust (NYSE:LXP) (“Lexington”), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today anno...
Lexington Realty Trust Announces Quarterly Common Share Dividend
NEW YORK, Sept. 15, 2020 (GLOBE NEWSWIRE) -- Lexington Realty Trust (NYSE:LXP) (“Lexington”), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today a...