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

8.76USD-0.04 (-0.45%)Market Closed

Market Summary

USD8.76-0.04

Market Closed

-0.45%

LXP Alerts

Big fall in earnings (Y/Y)

Losses in recent quarter

LXP Stock Price

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LXP RSI Chart

LXP Valuation

Market Cap

2.6B

Price/Earnings (Trailing)

136.69

Price/Sales (Trailing)

72.1

EV/EBITDA

9.14

Price/Free Cashflow

12.29

LXP Price/Sales (Trailing)

LXP Profitability

EBT Margin

78.46%

Return on Equity

0.85%

Return on Assets

0.46%

Free Cashflow Yield

8.14%

LXP Fundamentals

LXP Revenue

Revenue (TTM)

35.9M

Rev. Growth (Yr)

1.38%

Rev. Growth (Qtr)

0.48%

LXP Earnings

Earnings (TTM)

18.9M

Earnings Growth (Yr)

-102.41%

Earnings Growth (Qtr)

-101.84%

Breaking Down LXP Revenue

Last 7 days

1.5%

Last 30 days

-2.9%

Last 90 days

-0.1%

Trailing 12 Months

-10.3%

How does LXP drawdown profile look like?

LXP Financial Health

LXP Investor Care

Dividend Yield

5.8%

Dividend/Share (TTM)

0.51

Shares Dilution (1Y)

0.59%

Diluted EPS (TTM)

0.04

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
2024	0	0	0	0
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
May 13, 2024	FMR LLC	added	0.89	-12,202,400	135,485,000	0.01%
May 13, 2024	Ameritas Investment Partners, Inc.	unchanged	-	-27,016	270,753	0.01%
May 13, 2024	Jefferies Financial Group Inc.	new	-	111,280	111,280	-%
May 13, 2024	DigitalBridge Group, Inc.	reduced	-2.93	-2,157,220	16,217,100	1.43%
May 13, 2024	D.A. DAVIDSON & CO.	added	57.86	398,895	1,315,060	0.01%
May 13, 2024	XPONANCE, INC.	added	0.99	-14,162	159,041	-%
May 13, 2024	NEUBERGER BERMAN GROUP LLC	added	9.48	-512	112,606	-%
May 13, 2024	HUDSON EDGE INVESTMENT PARTNERS INC.	unchanged	-	-28,459	285,221	0.06%
May 13, 2024	STRS OHIO	reduced	-12.18	-118,000	468,000	-%
May 13, 2024	Nuveen Asset Management, LLC	reduced	-14.08	-15,889,700	56,983,000	0.02%

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
May 02, 2024	10-Q	Quarterly Report
May 02, 2024	8-K	Current Report
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

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	86.4B	11.2B	3.28%	-7.59%	43.79	7.71	3.63%	50.79%
CCI	43.5B	6.8B	3.45%	-14.26%	31.18	6.35	-2.39%	-16.60%
AVB	28.0B	2.8B	7.19%	9.33%	29.32	9.98	5.72%	-6.47%
ARE	21.1B	3.0B	-0.89%	1.08%	107.56	7.15	10.44%	-73.79%
AMH	13.2B	-	1.07%	2.60%	31.17	8.11	8.93%	11.87%
REG	11.0B	1.4B	2.24%	2.17%	29.57	8.08	10.48%	-2.93%
BXP	9.9B	3.3B	3.53%	29.60%	51.27	2.98	4.82%	-75.15%
MID-CAP
FRT	8.5B	1.2B	2.74%	12.10%	35.66	7.39	5.48%	-38.69%
SLG	3.4B	892.3M	3.59%	153.70%	-6.71	3.85	-5.33%	-307.54%
MAC	3.3B	878.0M	-3.54%	65.00%	-9.78	3.81	2.35%	-290.60%
SMALL-CAP
AAT	1.4B	444.1M	7.22%	18.58%	19.75	3.05	3.54%	8.91%
AIV	1.2B	198.2M	0.25%	-4.47%	-7.42	6.02	-43.33%	-308.08%
MFA	1.1B	650.2M	0.56%	5.89%	36.14	1.7	27.93%	140.31%
NYMT	561.1M	285.4M	-11.89%	-36.73%	-4.07	1.97	11.05%	83.70%
IVR	451.6M	277.2M	9.09%	-13.40%	-55.08	1.63	25.89%	94.64%

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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	0.5%	86.00	86.00	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
S&GA Expenses	-100.0%	-	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
EBITDA Margin	0.1%	7.39*	7.38*	5.05*	3.87*	3.51*	2.82*	1.49*	1.44*	1.53*	1.58*	1.32*	1.41*	-	-	-	-	-	-	-	-	-
Interest Expenses	22.3%	17.00	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
Income Taxes	119.3%	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	0.00	1.00	0.00	0.00	0.00	0.00
Earnings Before Taxes	-95.9%	1.00	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
EBT Margin	-20.1%	0.78*	0.98*	0.97*	0.87*	1.14*	0.87*	0.88*	0.83*	0.92*	1.00*	0.67*	0.78*	-	-	-	-	-	-	-	-	-
Net Income	-101.8%	-0.27	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
Net Income Margin	-37.6%	0.53*	0.85*	0.97*	0.85*	1.19*	0.98*	0.92*	0.86*	0.94*	0.99*	0.66*	0.76*	-	-	-	-	-	-	-	-	-
Free Cashflow	-30.4%	39.00	56.00	61.00	55.00	38.00	40.00	59.00	53.00	42.00	53.00	59.00	51.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.9%	4,156	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
Cash Equivalents	-18.1%	163	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
Liabilities	0.4%	1,936	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
Shareholder's Equity	-0.5%	2,221	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
Additional Paid-In Capital	-0.1%	3,328	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
Shares Outstanding	0.3%	294	293	293	293	293	292	278	284	284	278	278	275	-	-	-	-	-	-	-	-	-
Minority Interest	-4.2%	32.00	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
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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-30.4%	39.00	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
Cashflow From Investing	79.8%	-27.70	-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
Cashflow From Financing	-119.3%	-47.25	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
Dividend Payments	4.3%	40.00	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
Buy Backs	-	-	-	-	-	-	4.00	57.00	74.00	-	-	-	-	-	-	-	-	11.00	-	-	-	4.00

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LXP Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Gross revenues:
Rental revenue	$ 85,207,000	$ 83,417,000
Other revenue	1,044,000	1,658,000
Total gross revenues	86,251,000	85,075,000
Expense applicable to revenues:
Depreciation and amortization	(47,509,000)	(45,741,000)
Property operating	(15,188,000)	(15,243,000)
General and administrative	(9,493,000)	(9,242,000)
Non-operating income	3,769,000	194,000
Interest and amortization expense	(16,984,000)	(11,393,000)
Impairment charges	0	(3,523,000)
Change in allowance for credit loss	5,000	(79,000)
Gains on sales of properties	0	7,879,000
Income before provision for income taxes and equity in earnings (losses) of non-consolidated entities	851,000	7,927,000
Provision for income taxes	(125,000)	(216,000)
Equity in earnings (losses) of non-consolidated entities	(1,281,000)	3,604,000
Net income (loss)	(555,000)	11,315,000
Less (net income) loss attributable to noncontrolling interests	286,000	(149,000)
Net income (loss) attributable to LXP Industrial Trust shareholders	(269,000)	11,166,000
Dividends attributable to preferred shares – Series C	(1,572,000)	(1,572,000)
Allocation to participating securities	(90,000)	(72,000)
Net income (loss) attributable to common shareholders	$ (1,931,000)	$ 9,522,000
Net income (loss) attributable to common shareholders – per common share basic (in dollars per share)	$ (0.01)	$ 0.03
Weighted-average number of common shares outstanding – basic (in shares)	291,288,383	290,080,508
Net income (loss) attributable to common shareholders – per common share diluted (in dollars per share)	$ (0.01)	$ 0.03
Weighted-average common shares outstanding – diluted (in shares)	291,288,383	291,040,466

LXP Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets:
Real estate, at cost	$ 3,951,860	$ 3,774,239
Real estate - intangible assets	310,989	314,525
Land held for development	81,034	80,743
Investments in real estate under construction	153,181	319,355
Real estate, gross	4,497,064	4,488,862
Less: accumulated depreciation and amortization	936,474	904,709
Real estate, net	3,560,590	3,584,153
Assets held for sale	25,123	9,168
Right-of-use assets, net	18,283	19,342
Cash and cash equivalents	163,213	199,247
Restricted cash	222	216
Short term investments	130,552	130,140
Investments in non-consolidated entities	47,010	48,495
Deferred expenses, net	35,549	35,008
Investment in a sales-type lease, net (allowance for credit loss $56 in 2024 and $61 in 2023)	64,061	63,464
Rent receivable – current	4,545	5,327
Rent receivable – deferred	83,049	80,421
Other assets	24,171	17,794
Total assets	4,156,368	4,192,775
Liabilities:
Mortgages and notes payable, net	58,843	60,124
Term loan payable, net	297,027	296,764
Senior notes payable, net	1,286,711	1,286,145
Trust preferred securities, net	127,819	127,794
Dividends payable	39,572	39,610
Liabilities held for sale	622	417
Operating lease liabilities	18,993	20,233
Accounts payable and other liabilities	61,264	57,981
Accrued interest payable	18,255	11,379
Deferred revenue - including below-market leases, net	8,967	9,428
Prepaid rent	17,781	17,443
Total liabilities	1,935,854	1,927,318
Commitments and contingencies
Equity:
Series C Cumulative Convertible Preferred, liquidation preference $96,770; 1,935,400 shares issued and outstanding	94,016	94,016
Common shares, par value $0.0001 per share; authorized 600,000,000 shares, 294,289,569 and 293,449,088 shares issued and outstanding in 2024 and 2023, respectively	29	29
Additional paid-in-capital	3,327,682	3,330,383
Accumulated distributions in excess of net income	(1,241,595)	(1,201,824)
Accumulated other comprehensive income	8,423	9,483
Total shareholders’ equity	2,188,555	2,232,087
Noncontrolling interests	31,959	33,370
Total equity	2,220,514	2,265,457
Total liabilities and equity	$ 4,156,368	$ 4,192,775

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 Mon May 13 2024, market cap of Lexington Realty Trust is 2.59 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 Mon May 13 2024, LXP's PE ratio (Price to Earnings) is 136.69 and Price to Sales (PS) ratio is 72.1. 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 0.025 (multiply by 100 for percentage) rate of return.