Media headlines about Lexington Realty Trust (NYSE:LXP) have trended positive recently, Accern reports. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Lexington Realty Trust earned a daily sentiment score of 0.30 on Accern’s scale. Accern also assigned media stories about the real estate investment trust an impact score of 48.2601731637687 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Lexington Realty Trust (NYSE LXP) opened at $10.48 on Friday. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.19 and a quick ratio of 0.19. The stock has a market cap of $2,520.00, a price-to-earnings ratio of 11.01, a price-to-earnings-growth ratio of 2.73 and a beta of 0.95. Lexington Realty Trust has a 12 month low of $9.00 and a 12 month high of $11.42.
Lexington Realty Trust (NYSE:LXP) last announced its quarterly earnings data on Tuesday, November 7th. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.01. The company had revenue of $97.70 million for the quarter, compared to analysts’ expectations of $97.71 million. Lexington Realty Trust had a net margin of 17.96% and a return on equity of 5.29%. Lexington Realty Trust’s revenue was down 8.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.28 EPS. equities research analysts anticipate that Lexington Realty Trust will post 0.96 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Friday, December 29th will be paid a $0.1775 dividend. This is a boost from Lexington Realty Trust’s previous quarterly dividend of $0.18. This represents a $0.71 annualized dividend and a yield of 6.77%. The ex-dividend date of this dividend is Thursday, December 28th. Lexington Realty Trust’s payout ratio is currently 241.38%.
A number of equities analysts have recently commented on the stock. Ladenburg Thalmann Financial Services reaffirmed a “hold” rating on shares of Lexington Realty Trust in a report on Tuesday. Zacks Investment Research cut shares of Lexington Realty Trust from a “buy” rating to a “hold” rating in a report on Friday, November 10th. Jefferies Group reaffirmed a “hold” rating and issued a $11.00 target price on shares of Lexington Realty Trust in a report on Tuesday, October 24th. DA Davidson assumed coverage on shares of Lexington Realty Trust in a report on Monday, September 25th. They issued a “neutral” rating and a $10.75 target price on the stock. Finally, KeyCorp reaffirmed a “hold” rating on shares of Lexington Realty Trust in a report on Sunday, September 24th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $10.79.
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Lexington Realty Trust Company Profile
Lexington Realty Trust is a real estate investment trust (REIT). The Company owns a portfolio of equity and debt investments in single-tenant commercial properties. As of December 31, 2016, the Company had equity ownership interests in approximately 195 consolidated real estate properties, located in 40 states and containing an aggregate of approximately 43.3 million square feet of space, approximately 96.0% of which was leased.
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