Lexington Realty Trust (NYSE:LXP) shares traded -2.65% down during most recent session to reach at the closing price of $7.72. The stock exchanged hands 1.11 Million shares versus average trading capacity of 1.23 Million shares, yielding a market cap of $1.85 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $8.84 within the next 52-weeks. The mean target projections are based on 8 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Lexington Realty Trust (NYSE:LXP) high price target of $9.5 and with a conservative view have low price target of $8.5.
JP Morgan “Maintained” Lexington Realty Trust (NYSE:LXP) in a research note issued to investors on 4/10/18 to Neutral with price target of $9.
Additionally on 3/20/18 Barclays “Maintained” Lexington Realty Trust (NYSE:LXP) to Underweight setting price target at $9 and on 3/19/18 Wells Fargo “Maintained” the stock to Market Perform at $9. Furthermore on 12/11/17 Evercore ISI Group “Downgrades” the stock to In-Line at $0.
On the other hand the company has Relative Strength Index (RSI 14) of 39.35 along with Average True Range (ATR 14) of 0.16, Consequently Lexington Realty Trust (NYSE:LXP)’s weekly and monthly volatility is 1.86%, 2.16% respectively. The company’s beta value is at 0.92.
In terms of Buy, Sell or Hold recommendations, Lexington Realty Trust (NYSE:LXP) has analysts’ mean recommendation of 3.2. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Lexington Realty Trust (NYSE:LXP)’s minimum EPS for the current quarter is at $0.05 and can go high up to $0.06. The consensus mean EPS for the current quarter is at $0.06 derived from a total of 2 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.17 earnings per share for the same quarter during last year.
Previously Lexington Realty Trust (NYSE:LXP) reported $0.1 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.04. The company posted an earnings surprise of 66.7%.
Lexington Realty Trust (NYSE:LXP)’s revenue estimates for the current quarter are $98.06 Million according to 5 number of analysts, for the current quarter the company has high revenue estimates of $101.7 Million in contradiction of low revenue estimates of $93.73 Million. For the current year the company’s revenue estimates are $392.87 Million compared to low analyst estimates of $373.88 Million and high estimates of $403.6 Million according to 5 number of analysts.
Currently Lexington Realty Trust (NYSE:LXP)’s shares owned by insiders are 2.5%, whereas shares owned by institutional owners are 77.8%. However the six-month change in the insider ownership was recorded 0.13%, as well as three-month change in the institutional ownership was recorded 0.15%.
Lexington Realty Trust (NYSE:LXP)’s trailing twelve month revenues are $391.6 Million, whereas its price to sales ratio for the same period is 4.73. Its book value per share for the most recent quarter is $5.16 while its price to book ratio for the same period is 1.5, as for as the company’s cash per share for the most recent quarter is $0.45, however its price to cash per share ratio for the same period is 17.18. The stock has 5 year expected PEG ratio of 4.71 whereas its trailing twelve month P/E ratio is 23.54.