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Lexington Realty Trust (LXP)

NYSE: LXP · Delayed Price · USD
12.96 -0.16 (-1.18%)
Sep 24, 2021 3:50 PM EDT - Market open
Market Cap3.70B
Revenue (ttm)341.93M
Net Income (ttm)253.39M
Shares Out275.57M
EPS (ttm)0.92
PE Ratio14.07
Forward PEn/a
Dividend$0.43 (3.30%)
Ex-Dividend DateSep 29, 2021
Volume786,348
Open13.04
Previous Close13.11
Day's Range12.89 - 13.11
52-Week Range9.54 - 14.10
Beta0.64
AnalystsBuy
Price Target14.60 (+12.7%)
Est. Earnings DateNov 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.

IndustryEquity Real Estate Investment Trusts (REITs)
IPO DateAug 10, 1993
CEOT. Wilson Eglin
Employees55
Stock ExchangeNYSE
Ticker SymbolLXP
Full Company Profile

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 Statements

Analyst 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.

Price Target
$14.60
(12.70% upside)
Analyst Consensus: Buy

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...

1 week ago - GlobeNewsWire

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.

1 month ago - Zacks Investment Research

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...

1 month ago - GlobeNewsWire

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?

1 month ago - Zacks Investment Research

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...

1 month ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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?

4 months ago - Zacks Investment Research

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...

4 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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?

7 months ago - Zacks Investment Research

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...

7 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

REIT Management Matters - How To Pick The Right Ones

Skill and integrity of management is one of the most important aspects of a REIT. A large portion of my analysis goes into vetting management.

9 months ago - Seeking Alpha

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...

10 months ago - Seeking Alpha

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...

10 months ago - GlobeNewsWire

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

10 months ago - Seeking Alpha

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?

10 months ago - Zacks Investment Research

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...

10 months ago - GlobeNewsWire

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...

11 months ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire