Lexington Realty Trust (LXP) Scheduled to Post Quarterly Earnings on Wednesday

Lexington Realty Trust (NYSE:LXP) will issue its quarterly earnings data before the market opens on Wednesday, February 27th. Analysts expect the company to announce earnings of $0.20 per share for the quarter.

LXP opened at $9.57 on Wednesday. The firm has a market capitalization of $2.28 billion, a P/E ratio of 9.87, a P/E/G ratio of 5.00 and a beta of 1.04. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.40 and a current ratio of 0.40. Lexington Realty Trust has a 12-month low of $7.59 and a 12-month high of $9.70.

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LXP has been the topic of several recent analyst reports. DA Davidson raised shares of Lexington Realty Trust from a “neutral” rating to a “buy” rating in a report on Tuesday, January 22nd. ValuEngine raised shares of Lexington Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, December 1st. TheStreet raised shares of Lexington Realty Trust from a “c+” rating to a “b-” rating in a report on Tuesday, February 5th. Finally, Zacks Investment Research raised shares of Lexington Realty Trust from a “sell” rating to a “hold” rating in a report on Tuesday, November 27th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the stock. Lexington Realty Trust has a consensus rating of “Hold” and a consensus target price of $8.67.

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About Lexington Realty Trust

Lexington Realty Trust (NYSE:LXP) is a publicly traded real estate investment trust (REIT) that owns a diversified portfolio of real estate assets consisting primarily of equity investments in single-tenant net-leased commercial properties across the United States. Lexington seeks to expand its portfolio through build-to-suit transactions, sale-leaseback transactions and other transactions, including acquisitions.

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