LXP Lexington Realty Trust Dashboard

Lexington Realty Trust is a publicly traded real estate investment trust (REIT) focused on single-tenant industrial real estate investments across the United States. Lexington seeks to expand its industrial portfolio through build-to-suit transactions, sale-leaseback transactions, development projects and other transactions, including acquisitions.

Company profile

Ticker

LXP, LXP+C

Exchange

NYSE

Website

www.lxp.com

CEO

T. Wilson Eglin

Incorporated

Maryland

Location

New York

Fiscal year end

Dec 31

Sector

Finance and Insurance > Other Financial Vehicles

Industry (SIC)

Real Estate Investment Trusts

Annaly Capital Management • AGNC Investment • VEREIT • Vornado Realty • Simon Property • Healthpeak Properties • Erp Operating LTD Partnership • Equity Residential Properties Trust • Prologis • Weyerhaeuser ...

Former names

LEXINGTON CORPORATE PROPERTIES INC, LEXINGTON CORPORATE PROPERTIES TRUST

SEC CIK

0000910108

Corporate docs

Articles of Incorporation & Bylaws

IRS number

133717318

LXP stock data

S&P 500

1M 1Y 2Y 5Y

News

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Price Over Earnings Overview: Lexington Realty

8 Jun 21

Stocks That Hit 52-Week Highs On Tuesday

8 Jun 21

Tuesday morning saw 244 companies set new 52-week highs.

Stocks That Hit 52-Week Highs On Monday

7 Jun 21

Before 10 a.m. ET Monday, 296 stocks made new 52-week highs.

Lexington Realty Trust Prices 16M Share Common Stock Offering For Gross Proceeds Of ~$195.2M

11 May 21

Stocks That Hit 52-Week Highs On Monday

10 May 21

Press releases

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Lexington Realty Trust to Report Second Quarter 2021 Results and Host Conference Call on August 5, 2021

15 Jul 21

NEW YORK, July 15, 2021 (GLOBE NEWSWIRE) -- Lexington Realty Trust (NYSE:LXP) ("Lexington"), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today announced it will

Lexington Realty Trust Announces Quarterly Common Share Dividend

15 Jun 21

NEW YORK, June 15, 2021 (GLOBE NEWSWIRE) -- Lexington Realty Trust (NYSE:LXP) ("Lexington"), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today announced that it

Lexington Realty Trust Announces Appointment of Elizabeth Noe to Board of Trustees

18 May 21

NEW YORK, May 18, 2021 (GLOBE NEWSWIRE) -- Lexington Realty Trust ("Lexington") (NYSE:LXP), a real estate investment trust focused on single-tenant industrial real estate investments, today announced that Elizabeth Noe

Lexington Realty Trust Announces Pricing of Public Offering of Common Shares

11 May 21

Lexington Realty Trust Announces Public Offering of Common Shares

10 May 21

Calendar

7 May 21

27 Jul 21

31 Dec 21

Financial summary

Financial statements Chart LXP financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	170.18M	170.18M	170.18M	170.18M	170.18M	170.18M
Cash burn (monthly)	3.08M	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)
Cash used (since last report)	11.97M	n/a	n/a	n/a	n/a	n/a
Cash remaining	158.2M	n/a	n/a	n/a	n/a	n/a
Runway (months of cash)	51.3	n/a	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

LXP insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Jul 21	Frary Richard	Common Shares	Grant	Aquire A	No	No	12.17	2,054	25K	106,827.498
1 Jul 21	Gray Lawrence L	Common Shares	Grant	Aquire A	No	No	12.17	2,054	25K	2,054
1 Jul 21	Koeneman Claire A	Common Shares	Grant	Aquire A	No	No	12.17	2,054	25K	74,720.27
1 Jul 21	Handwerker Jamie	Common Shares	Grant	Aquire A	No	No	12.17	2,054	25K	57,392
1 Jul 21	Roth Howard Stewart	Common Shares	Grant	Aquire A	No	No	12.17	2,054	25K	44,262

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

LXP institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

94.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	264	255	+3.5%
Opened positions	39	37	+5.4%
Closed positions	30	34	-11.8%
Increased positions	90	86	+4.7%
Reduced positions	90	87	+3.4%

13F shares	Current	Prev Q	Change
Total value	2.91B	2.78B	+4.8%
Total shares	262.19M	261.8M	+0.1%
Total puts	0	0
Total calls	15.4K	0	NEW
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
BLK Blackrock	52.77M	$586.33M	+3.3%
Vanguard	45.29M	$503.14M	+2.3%
FMR	38.51M	$427.8M	+14.9%
STT State Street	14.04M	$157.48M	+2.1%
MCQEF Macquarie	11.8M	$131.05M	-4.0%
Massachusetts Financial Services	5.58M	$61.99M	-6.2%
Dimensional Fund Advisors	5.18M	$57.53M	-3.6%
Geode Capital Management	5.13M	$57M	+5.3%
NTRS Northern Trust	5.06M	$56.26M	-14.2%
Charles Schwab Investment Management	3.69M	$41.04M	+3.5%

Largest transactions	Shares	Bought/sold	Change
FMR	38.51M	+4.98M	+14.9%
Norges Bank	0	-3.91M	EXIT
Nuveen Asset Management	3.49M	-1.78M	-33.7%
BLK Blackrock	52.77M	+1.67M	+3.3%
Vanguard	45.29M	+1.01M	+2.3%
NTRS Northern Trust	5.06M	-835.93K	-14.2%
JPM JPMorgan Chase & Co.	2.82M	+673.17K	+31.4%
Renaissance Technologies	907.08K	+667.7K	+278.9%
Rothschild & Co Asset Management Us	0	-601.32K	EXIT
LSV Asset Management	0	-540.32K	EXIT

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

Three months ended March 31, 2021 compared with three months ended March 31, 2020. The increase in net income attributable to common shareholders of $22.9 million was primarily due to the items discussed below.
The increase in total gross revenues of $11.7 million was primarily a result of an increase in rental revenue. Rental revenue increased primarily due to acquisitions and an increase of $10.8 million in termination income recognized during the three months ended March 31, 2021. The increase was partially offset by a $1.1 million decrease in other revenue primarily due to an incentive fee earned upon the sale of a property that we managed for a third-party real estate owner in 2020 with no comparable revenue earned in 2021.
The increase in depreciation and amortization expense of $1.7 million was primarily due to acquisition activity.

Content analysis

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Readability	H.S. sophomore Avg

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From filing 10-Q 2021 Q1