LXP - Lexington Realty Trust Stock Price, Fair Value and News

8.60USD+0.13 (+1.53%)Delayed as of 19 Apr 2024, 02:02 pm ET

Market Summary

USD8.60+0.13

Delayedas of 19 Apr 2024, 02:02 pm

1.53%

LXP Stock Price

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LXP RSI Chart

LXP Valuation

Market Cap

2.5B

Price/Earnings (Trailing)

82.04

Price/Sales (Trailing)

69.39

EV/EBITDA

8.65

Price/Free Cashflow

11.9

LXP Price/Sales (Trailing)

LXP Profitability

EBT Margin

98.15%

Return on Equity

1.36%

Return on Assets

0.72%

Free Cashflow Yield

8.4%

LXP Fundamentals

LXP Revenue

Revenue (TTM)

35.9M

Rev. Growth (Yr)

6.66%

Rev. Growth (Qtr)

-1.87%

LXP Earnings

Earnings (TTM)

30.4M

Earnings Growth (Yr)

-62.05%

Earnings Growth (Qtr)

15.3%

Breaking Down LXP Revenue

52 Week Range

8.4910.75

(Low)(High)

Last 7 days

-6.9%

Last 30 days

-4.8%

Last 90 days

-9.2%

Trailing 12 Months

-12.2%

How does LXP drawdown profile look like?

LXP Financial Health

LXP Investor Care

Dividend Yield

5.96%

Dividend/Share (TTM)

0.51

Shares Dilution (1Y)

0.59%

Diluted EPS (TTM)

0.08

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	96.2M	76.1M	56.0M	35.9M
2022	372.8M	371.0M	367.7M	116.2M
2021	342.2M	341.9M	340.8M	385.1M
2020	325.5M	327.2M	330.2M	330.4M
2019	375.4M	349.9M	331.1M	326.0M
2018	398.4M	408.4M	411.0M	397.0M
2017	414.3M	393.1M	384.8M	391.6M
2016	433.7M	440.3M	440.8M	429.5M
2015	428.2M	433.1M	432.0M	430.8M
2014	380.8M	397.8M	416.5M	423.8M
2013	323.2M	349.4M	353.5M	361.9M
2012	311.9M	313.4M	307.9M	297.0M
2011	309.7M	310.8M	311.9M	313.8M
2010	319.2M	315.9M	312.7M	309.4M
2009	0	0	0	322.5M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Lexington Realty Trust

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 05, 2024	gray lawrence l	acquired	29,997	9.09	3,300	-
Apr 05, 2024	roth howard stewart	acquired	29,997	9.09	3,300	-
Apr 05, 2024	handwerker jamie	acquired	29,997	9.09	3,300	-
Apr 05, 2024	koeneman claire a	acquired	29,997	9.09	3,300	-
Apr 05, 2024	noe nancy elizabeth	acquired	29,997	9.09	3,300	-
Apr 05, 2024	johnson derrick l	acquired	29,997	9.09	3,300	-
Apr 05, 2024	gupta arun	acquired	29,997	9.09	3,300	-
Jan 05, 2024	mullinix brendan p	acquired	1,680,060	9.61	174,824	evp & chief investment officer
Jan 05, 2024	dudley james	acquired	1,120,040	9.61	116,549	evp & director of asset mgmt.
Jan 05, 2024	bonventre joseph	acquired	2,000,010	9.61	208,118	evp, coo, gen.counsel & sec

Which funds bought or sold LXP recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 17, 2024	SPIRIT OF AMERICA MANAGEMENT CORP/NY	unchanged	-	-2,430	24,354	-%
Apr 17, 2024	Hennion & Walsh Asset Management, Inc.	sold off	-100	-204,421	-	-%
Apr 16, 2024	Arlington Trust Co LLC	sold off	-100	-1,230	-	-%
Apr 16, 2024	Pinnacle Bancorp, Inc.	unchanged	-	-1,440	14,432	-%
Apr 16, 2024	Ausbil Investment Management Ltd	sold off	-100	-301,052	-	-%
Apr 15, 2024	Hazelview Securities Inc.	new	-	12,042,200	12,042,200	2.27%
Apr 15, 2024	EXCHANGE TRADED CONCEPTS, LLC	reduced	-4.52	-366,993	2,417,040	0.06%
Apr 15, 2024	Manning & Napier Group, LLC	added	24.07	983,055	8,663,000	0.10%
Apr 12, 2024	Community Bank of Raymore	reduced	-62.27	-2,790,610	1,457,630	0.68%
Apr 12, 2024	GATEWAY INVESTMENT ADVISERS LLC	unchanged	-	-18,174	182,148	-%

Are Funds Buying or Selling LXP?

Are funds buying LXP calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own LXP

No. of Funds

Unveiling Lexington Realty Trust's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	16.15%	47,247,169	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Jan 29, 2024	state street corp	6.47%	18,943,216	SC 13G/A
Jan 19, 2024	blackrock inc.	19.3%	56,342,081	SC 13G/A
Jul 10, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	vanguard group inc	16.54%	45,606,831	SC 13G/A
Feb 06, 2023	state street corp	6.52%	17,976,830	SC 13G/A
Jan 26, 2023	blackrock inc.	19.0%	52,340,021	SC 13G/A
Jan 20, 2023	blackrock inc.	19.0%	52,340,021	SC 13G/A

Recent SEC filings of Lexington Realty Trust

View All Filings

Date Filed	Form Type	Document
Apr 08, 2024	ARS	ARS
Apr 08, 2024	DEF 14A	DEF 14A
Apr 08, 2024	DEFA14A	DEFA14A
Apr 05, 2024	4	Insider Trading
Apr 05, 2024	4	Insider Trading
Apr 05, 2024	4	Insider Trading
Apr 05, 2024	4	Insider Trading
Apr 05, 2024	4	Insider Trading
Apr 05, 2024	4	Insider Trading
Apr 05, 2024	4	Insider Trading

Peers (Alternatives to Lexington Realty Trust)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	79.7B	11.1B	-13.04%	-17.84%	58.33	7.16	4.04%	-19.43%
CCI	41.0B	7.0B	-9.76%	-29.35%	27.28	5.87	-0.07%	-10.36%
AVB	25.9B	2.8B	-0.02%	3.91%	27.86	9.34	6.73%	-18.30%
ARE	20.0B	2.9B	-5.67%	-6.97%	193.26	6.94	11.46%	-80.13%
AMH	12.7B	1.6B	-2.45%	5.32%	29.36	7.9	7.80%	39.39%
REG	10.7B	1.3B	-2.50%	-5.09%	29.24	8.06	8.04%	-24.50%
BXP	9.2B	3.3B	-6.87%	8.89%	48.44	2.81	5.31%	-77.32%
MID-CAP
FRT	8.2B	1.1B	-1.11%	0.59%	34.51	7.22	5.38%	-38.52%
MAC	3.3B	884.1M	-8.56%	49.21%	-11.94	3.7	2.90%	-314.82%
SLG	3.1B	899.4M	-5.89%	94.81%	-5.57	3.5	-0.45%	-623.11%
SMALL-CAP
AAT	1.3B	441.2M	-2.74%	11.87%	19.34	2.84	4.38%	15.77%
AIV	1.1B	198.2M	3.05%	-4.32%	-7.14	5.71	-43.33%	-270.70%
MFA	1.0B	605.6M	-9.43%	1.88%	13.09	1.73	25.53%	134.62%
NYMT	621.3M	258.7M	-5.15%	-32.84%	-12.77	2.4	0.11%	83.70%
IVR	392.0M	277.9M	-12.26%	-22.88%	-24.72	1.41	44.33%	96.06%

Lexington Realty Trust News

Latest updates

Lexington Realty Trust Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-100.0%	-	85.00	87.00	85.00	83.00	80.00	80.00	80.00	128	83.00	82.00	93.00	83.00	85.00	82.00	81.00	83.00	82.00	80.00	81.00	88.00
S&GA Expenses	9.9%	9.00	9.00	9.00	9.00	10.00	9.00	9.00	11.00	11.00	8.00	8.00	8.00	8.00	7.00	8.00	8.00	7.00	8.00	7.00	9.00	8.00
EBITDA Margin	46.2%	7.38*	5.05*	1.29*	1.96*	2.82*	1.49*	1.44*	1.53*	1.58*	1.32*	1.41*	1.25*	-	-	-	-	-	-	-	-	-
Interest Expenses	26.6%	14.00	11.00	10.00	11.00	13.00	11.00	11.00	11.00	12.00	12.00	11.00	11.00	13.00	14.00	14.00	15.00	14.00	16.00	17.00	17.00	17.00
Income Taxes	-74.1%	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.00	0.00	0.00	0.00	0.00	0.00
Earnings Before Taxes	58.2%	21.00	13.00	-6.56	8.00	40.00	25.00	36.00	0.00	263	7.00	74.00	42.00	106	44.00	20.00	19.00	86.00	145	24.00	28.00	25.00
EBT Margin	1.0%	0.98*	0.97*	0.29*	0.63*	0.87*	0.88*	0.83*	0.92*	1.00*	0.67*	0.78*	0.62*	-	-	-	-	-	-	-	-	-
Net Income	15.3%	15.00	13.00	-8.05	11.00	38.00	23.00	41.00	11.00	262	7.00	73.00	41.00	105	42.00	19.00	18.00	85.00	148	24.00	28.00	26.00
Net Income Margin	-12.7%	0.85*	0.97*	0.28*	0.66*	0.98*	0.92*	0.86*	0.94*	0.99*	0.66*	0.76*	0.61*	-	-	-	-	-	-	-	-	-
Free Cashflow	-8.1%	56.00	61.00	55.00	38.00	40.00	59.00	53.00	42.00	53.00	59.00	51.00	57.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	6.7%	4,193	3,929	3,962	4,005	4,054	4,011	4,054	3,988	4,006	3,758	3,661	3,490	3,493	3,622	3,394	3,293	3,180	3,035	2,997	2,970	2,954
Cash Equivalents	462.5%	199	35.00	23.00	43.00	54.00	29.00	50.00	49.00	191	150	196	142	179	288	67.00	84.00	123	126	44.00	170	169
Liabilities	17.9%	1,927	1,635	1,644	1,644	1,663	1,809	1,795	1,667	1,682	1,690	1,610	1,485	1,502	1,708	1,501	1,591	1,456	1,444	1,653	1,625	1,607
Shareholder's Equity	-1.1%	2,232	2,256	2,319	2,361	2,353	2,203	2,260	2,320	2,323	2,068	2,051	2,005	1,991	1,914	1,892	1,703	1,725	1,591	1,344	1,345	1,347
Additional Paid-In Capital	0.2%	3,330	3,325	3,322	3,320	3,320	3,135	3,190	3,262	3,253	3,240	3,195	3,193	3,196	3,194	3,185	2,982	2,977	2,904	2,771	2,770	2,773
Shares Outstanding	0.3%	293	293	293	293	292	278	284	284	278	278	275	275	-	-	-	-	-	-	-	-	-
Minority Interest	-12.5%	33.00	38.00	38.00	38.00	38.00	35.00	35.00	34.00	32.00	21.00	25.00	23.00	20.00	21.00	19.00	19.00	20.00	19.00	16.00	16.00	17.00
Float	-	-	-	2,798	-	-	-	2,964	-	-	-	3,250	-	-	-	2,858	-	-	-	2,161	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-8.1%	56.00	61.00	55.00	38.00	40.00	59.00	53.00	42.00	53.00	59.00	51.00	57.00	49.00	59.00	48.00	46.00	49.00	54.00	41.00	48.00	48.00
Cashflow From Investing	-1702.5%	-136	-7.60	-33.35	-5.53	-28.77	9.00	-64.58	-152	6.00	-203	-115	-24.92	-123	-54.45	-132	-183	-72.23	32.00	-166	20.00	-22.56
Cashflow From Financing	698.2%	245	-40.93	-41.50	-43.48	14.00	-88.27	12.00	-31.42	-18.63	97.00	92.00	-41.73	-35.84	201	79.00	98.00	19.00	-14.02	7.00	-65.10	-240
Dividend Payments	0.0%	38.00	38.00	38.00	38.00	35.00	35.00	36.00	37.00	32.00	31.00	31.00	33.00	30.00	30.00	28.00	29.00	27.00	25.00	25.00	45.00	43.00
Buy Backs	-	-	-	-	-	4.00	57.00	74.00	-	-	-	-	-	-	-	-	11.00	-	-	-	4.00	31.00

LXP Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Gross revenues:
Rental revenue	$ 334,220	$ 313,992	$ 339,944
Other revenue	6,283	7,253	4,053
Total gross revenues	340,503	321,245	343,997
Expense applicable to revenues:
Depreciation and amortization	(183,524)	(180,567)	(176,714)
Property operating	(58,394)	(54,870)	(47,314)
General and administrative	(36,334)	(38,714)	(35,458)
Transaction costs	(4)	(4,177)	(432)
Non-operating income	2,982	935	1,364
Interest and amortization expense	(46,389)	(45,417)	(46,708)
Debt satisfaction losses, net	(132)	(119)	(13,894)
Impairment charges	(16,490)	(3,037)	(5,541)
Change in allowance for credit loss	32	(93)	0
Gains on sales of properties	33,010	59,094	367,274
Selling profit from sales-type leases	0	47,059	0
Income before provision for income taxes and equity in earnings (losses) of non-consolidated entities	35,260	101,339	386,574
Provision for income taxes	(703)	(1,102)	(1,293)
Equity in earnings (losses) of non-consolidated entities	1,366	16,006	(190)
Net income	35,923	116,243	385,091
Less net income attributable to noncontrolling interests	(5,540)	(2,460)	(2,443)
Net income attributable to LXP Industrial Trust shareholders	30,383	113,783	382,648
Dividends attributable to preferred shares - Series C	(6,290)	(6,290)	(6,290)
Allocation to participating securities	(230)	(186)	(510)
Net income attributable to common shareholders, basic	23,863	107,307	375,848
Net income attributable to common shareholders, diluted	$ 23,863	$ 107,307	$ 375,848
Net income attributable to common shareholders - per common share basic (usd per share)	$ 0.08	$ 0.38	$ 1.35
Weighted-average common shares outstanding - basic (in shares)	290,245,877	279,887,760	277,640,835
Net income attributable to common shareholders - per common share diluted (usd per share)	$ 0.08	$ 0.38	$ 1.34
Weighted-average common shares outstanding - diluted (in shares)	291,193,514	282,473,458	287,369,742

LXP Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Assets:
Real estate, at cost	$ 3,774,239	$ 3,691,066
Real estate - intangible assets	314,525	328,607
Land held for development	80,743	84,412
Investments in real estate under construction	319,355	361,924
Real estate, gross	4,488,862	4,466,009
Less: accumulated depreciation and amortization	904,709	800,470
Real estate, net	3,584,153	3,665,539
Assets held for sale	9,168	66,434
Right-of-use assets, net	19,342	23,986
Cash and cash equivalents	199,247	54,390
Restricted cash	216	116
Short-term investments	130,140	0
Investments in non-consolidated entities	48,495	58,206
Deferred expenses (net of accumulated amortization of $21,667 in 2023 and $20,348 in 2022)	35,008	25,207
Investment in a sales-type lease, net (allowance for credit loss of $61 in 2023 and $93 in 2022)	63,464	61,233
Rent receivable - current	5,327	3,030
Rent receivable - deferred	80,421	71,392
Other assets	17,794	24,314
Total assets	4,192,775	4,053,847
Liabilities:
Mortgages and notes payable, net	60,124	72,103
Term loan payable, net	296,764	298,959
Senior notes payable, net	1,286,145	989,295
Trust preferred securities, net	127,794	127,694
Dividends payable	39,610	38,416
Liabilities held for sale	417	1,150
Operating lease liabilities	20,233	25,118
Accounts payable and other liabilities	57,981	74,261
Accrued interest payable	11,379	9,181
Deferred revenue - including below market leases (net of accumulated accretion of $17,259 in 2023 and $15,430 in 2022)	9,428	11,452
Prepaid rent	17,443	15,215
Total liabilities	1,927,318	1,662,844
Commitments and contingencies
Equity:
Preferred shares, par value $0.0001 per share; authorized 100,000,000 shares, Series C Cumulative Convertible Preferred, liquidation preference $96,770 and 1,935,400 shares issued and outstanding	94,016	94,016
Common shares, par value $0.0001 per share; authorized 600,000,000 shares, 293,449,088 and 291,719,310 shares issued and outstanding in 2023 and 2022, respectively	29	29
Additional paid-in-capital	3,330,383	3,320,087
Accumulated distributions in excess of net income	(1,201,824)	(1,079,087)
Accumulated other comprehensive income	9,483	17,689
Total shareholders’ equity	2,232,087	2,352,734
Noncontrolling interests	33,370	38,269
Total equity	2,265,457	2,391,003
Total liabilities and equity	$ 4,192,775	$ 4,053,847

About Lexington Realty Trust

LXP Industrial Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) focused on single-tenant industrial real estate investments across the United States. LXP seeks to expand its industrial portfolio through acquisitions, build-to-suit transactions, sale-leaseback transactions, development projects and other transactions.

CEO	Mr. T. Wilson Eglin
WEBSITE	lxp.com
INDUSTRY	REIT Mortgage
EMPLOYEES	66

Lexington Realty Trust Frequently Asked Questions

What is the ticker symbol for Lexington Realty Trust? What does LXP stand for in stocks?

LXP is the stock ticker symbol of Lexington Realty Trust. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Lexington Realty Trust (LXP)?

As of Thu Apr 18 2024, market cap of Lexington Realty Trust is 2.49 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of LXP stock?

You can check LXP's fair value in chart for subscribers.

What is the fair value of LXP stock?

You can check LXP's fair value in chart for subscribers. The fair value of Lexington Realty Trust is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Lexington Realty Trust is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for LXP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Lexington Realty Trust a good stock to buy?

The fair value guage provides a quick view whether LXP is over valued or under valued. Whether Lexington Realty Trust is cheap or expensive depends on the assumptions which impact Lexington Realty Trust's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for LXP.

What is Lexington Realty Trust's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 18 2024, LXP's PE ratio (Price to Earnings) is 82.04 and Price to Sales (PS) ratio is 69.39. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. LXP PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Lexington Realty Trust's stock?

In the past 10 years, Lexington Realty Trust has provided 0.024 (multiply by 100 for percentage) rate of return.