Lexington Realty Trust (NYSE: LXP) is -3.30% lower on its value in year-to-date trading and has touched a low of $7.86 and a high of $12.08 in the current 52-week trading range. The LXP stock was last observed hovering at around $10.13 in the last trading session, with the day’s gains setting it 0.14% off its average median price target of $12.00 for the next 12 months. It is also 26.64% off the consensus price target high of $14.00 offered by 6 analysts, but current levels are -5.33% lower than the price target low of $9.75 for the same period.
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Currently trading at $10.27, the stock is -3.97% and -2.04% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.88 million and changing 1.38% at the moment leaves the stock -2.49% off its SMA200. LXP registered -3.20% loss for a year compared to 6-month gain of -1.53%. The firm has a 50-day simple moving average (SMA 50) of $10.59 and a 200-day simple moving average (SMA200) of $10.80.
The stock witnessed a -3.02% loss in the last 1 month and extending the period to 3 months gives it a -4.29%, and is -4.02% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.81% over the week and 2.34% over the month.
Lexington Realty Trust (LXP) has around 57 employees, a market worth around $2.83B and $330.20M in sales. Current P/E ratio is 16.98 and Fwd P/E is 32.09. Profit margin for the company is 27.40%. Distance from 52-week low is 30.66% and -14.98% from its 52-week high. The company has generated returns on investments over the last 12 months (3.20%).
Lexington Realty Trust (LXP) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Lexington Realty Trust (LXP) is a “Overweight”. 6 analysts offering their recommendations for the stock have an average rating of 2.50, where 2 rate it as a Hold and 0 think it is a “Overweight”. 3 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Lexington Realty Trust is expected to release its quarterly report on 05/13/2021 and quarterly earnings per share for the current quarter are estimated at $0.08 with sales reaching $82.73M over the same period.The EPS is expected to grow by 25.20% this year, but quarterly earnings will post 0.50% year-over-year. Quarterly sales are estimated to shrink -0.40% in year-over-year returns.
Lexington Realty Trust (LXP) Top Institutional Holders
391 institutions hold shares in Lexington Realty Trust (LXP), with 5.37M shares held by insiders accounting for 1.94% while institutional investors hold 97.21% of the company’s shares. The shares outstanding are 274.70M, and float is at 271.58M with Short Float at 2.57%. Institutions hold 95.32% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 48.23 million shares valued at $504.05 million. The investor’s holdings represent 17.42% of the LXP Shares outstanding. As of Sep 29, 2020, the second largest holder is Vanguard Group, Inc. (The) with 43.76 million shares valued at $457.26 million to account for 15.80% of the shares outstanding. The other top investors are FMR, LLC which holds 26.27 million shares representing 9.48% and valued at over $274.5 million, while State Street Corporation holds 4.93% of the shares totaling 13.64 million with a market value of $142.57 million.
Lexington Realty Trust (LXP) Insider Activity
A total of 12 insider transactions have happened at Lexington Realty Trust (LXP) in the last six months, with sales accounting for 6 and purchases happening 6 times.
Lexington Realty Trust (LXP): Who are the competitors?
The company’s main competitors (and peers) include National Retail Properties Inc. (NNN) that is trading -25.32% down over the past 12 months. Acadia Realty Trust (AKR) is -41.50% down on the 1-year trading charts. Short interest in the company’s stock has risen 15.02% from the last report on Nov 12, 2020 to stand at a total of 5.94 million short shares sold with a short interest ratio of 3.77.