Lexington Realty Trust (LXP) Receives Daily Media Impact Score of 0.29

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Press coverage about Lexington Realty Trust (NYSE:LXP) has trended positive this week, Accern reports. The research group identifies positive and negative news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Lexington Realty Trust earned a media sentiment score of 0.29 on Accern’s scale. Accern also gave press coverage about the real estate investment trust an impact score of 47.4774195977685 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

These are some of the news stories that may have effected Accern Sentiment Analysis’s scoring:

Several equities research analysts recently issued reports on the company. Zacks Investment Research upgraded Lexington Realty Trust from a “sell” rating to a “hold” rating in a research note on Wednesday, March 21st. ValuEngine cut Lexington Realty Trust from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Evercore ISI cut Lexington Realty Trust from an “outperform” rating to an “in-line” rating in a research note on Monday, December 11th. Wells Fargo cut their price target on Lexington Realty Trust from $11.00 to $9.00 and set a “market perform” rating for the company in a research note on Monday, March 19th. Finally, Barclays cut their price target on Lexington Realty Trust from $10.00 to $9.00 and set an “underweight” rating for the company in a research note on Tuesday, March 20th. Two investment analysts have rated the stock with a sell rating and nine have given a hold rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $10.39.

LXP traded down $0.08 during trading on Friday, hitting $7.94. 773,170 shares of the stock traded hands, compared to its average volume of 1,209,610. Lexington Realty Trust has a twelve month low of $7.68 and a twelve month high of $10.65. The company has a market cap of $1,918.92, a P/E ratio of 8.19, a P/E/G ratio of 2.27 and a beta of 0.88. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.14 and a quick ratio of 0.14.

Lexington Realty Trust (NYSE:LXP) last announced its quarterly earnings data on Tuesday, February 27th. The real estate investment trust reported $0.26 EPS for the quarter, beating the consensus estimate of $0.25 by $0.01. Lexington Realty Trust had a net margin of 21.84% and a return on equity of 6.64%. The business had revenue of $102.17 million during the quarter, compared to the consensus estimate of $100.52 million. During the same period in the previous year, the business earned $0.06 earnings per share. The company’s revenue was up 7.2% on a year-over-year basis. analysts expect that Lexington Realty Trust will post 0.98 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 16th. Shareholders of record on Thursday, March 29th will be given a dividend of $0.1775 per share. The ex-dividend date of this dividend is Wednesday, March 28th. This represents a $0.71 annualized dividend and a yield of 8.94%. Lexington Realty Trust’s dividend payout ratio is currently 73.20%.

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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.

Insider Buying and Selling by Quarter for Lexington Realty Trust (NYSE:LXP)

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