Lexington Realty Trust (LXP) Scheduled to Post Earnings on Tuesday

Lexington Realty Trust (NYSE:LXP) is set to announce its earnings results before the market opens on Tuesday, February 27th. Analysts expect the company to announce earnings of $0.07 per share for the quarter.

Shares of Lexington Realty Trust (NYSE LXP) opened at $8.38 on Tuesday. The stock has a market cap of $2,020.00, a PE ratio of 28.90, a PEG ratio of 2.08 and a beta of 0.85. Lexington Realty Trust has a 1 year low of $7.98 and a 1 year high of $11.42. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.19 and a current ratio of 0.19.

Several analysts have recently issued reports on LXP shares. Jefferies Group reissued a “hold” rating and set a $11.00 price target on shares of Lexington Realty Trust in a research report on Tuesday, October 24th. Zacks Investment Research raised shares of Lexington Realty Trust from a “hold” rating to a “buy” rating and set a $12.00 price target on the stock in a research report on Thursday, October 26th. Ladenburg Thalmann Financial Services reissued a “hold” rating on shares of Lexington Realty Trust in a research report on Tuesday, November 28th. Evercore ISI lowered shares of Lexington Realty Trust from an “outperform” rating to an “in-line” rating in a research note on Monday, December 11th. Finally, ValuEngine lowered shares of Lexington Realty Trust from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. One investment analyst has rated the stock with a sell rating and eight have assigned a hold rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $10.95.

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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.

Earnings History for Lexington Realty Trust (NYSE:LXP)

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