Lexington Realty Trust (LXP) Earns Daily News Impact Rating of 0.25

News stories about Lexington Realty Trust (NYSE:LXP) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Lexington Realty Trust earned a daily sentiment score of 0.25 on Accern’s scale. Accern also gave media coverage about the real estate investment trust an impact score of 46.402869651904 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:

A number of equities analysts have weighed in on the company. DA Davidson assumed coverage on Lexington Realty Trust in a research note on Monday, September 25th. They set a “neutral” rating and a $10.75 price objective on the stock. KeyCorp reissued a “hold” rating on shares of Lexington Realty Trust in a research note on Sunday, September 24th. Zacks Investment Research lowered Lexington Realty Trust from a “buy” rating to a “hold” rating in a research note on Friday, November 10th. Ladenburg Thalmann Financial Services reissued a “hold” rating on shares of Lexington Realty Trust in a research note on Tuesday, November 28th. Finally, Jefferies Group reissued a “hold” rating and set a $11.00 price objective on shares of Lexington Realty Trust in a research note on Tuesday, October 24th. Two equities research analysts have rated the stock with a sell rating and seven have given a hold rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $10.79.

Lexington Realty Trust (LXP) opened at $9.56 on Thursday. Lexington Realty Trust has a 12 month low of $9.00 and a 12 month high of $11.42. The company has a market capitalization of $2,300.00, a price-to-earnings ratio of 32.97, a PEG ratio of 2.40 and a beta of 0.97. The company has a quick ratio of 0.19, a current ratio of 0.19 and a debt-to-equity ratio of 0.73.

Lexington Realty Trust (NYSE:LXP) last announced its quarterly earnings results on Tuesday, November 7th. The real estate investment trust reported $0.25 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.24 by $0.01. Lexington Realty Trust had a return on equity of 5.29% and a net margin of 17.96%. The business had revenue of $97.70 million for the quarter, compared to analyst estimates of $97.71 million. During the same quarter in the prior year, the company posted $0.28 EPS. The company’s quarterly revenue was down 8.1% on a year-over-year basis. sell-side analysts expect that Lexington Realty Trust will post 0.96 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Friday, December 29th will be paid a $0.1775 dividend. This represents a $0.71 annualized dividend and a dividend yield of 7.43%. The ex-dividend date of this dividend is Thursday, December 28th. This is a positive change from Lexington Realty Trust’s previous quarterly dividend of $0.18. Lexington Realty Trust’s dividend payout ratio is 244.83%.

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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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