OverviewSuggest Edit

Lexington Realty Trust is a real estate investment trust that invests in, owns and manages commercial properties net leased to major corporations throughout the United States. In addition, the company provides investment advisory and asset management services to investors in the net lease area.

TypePublic
Founded1973
HQNew York, US
Websitelxp.com
Employee Ratings4.8

Latest Updates

Employees (est.) (Feb 2019)59
Revenue (FY, 2016)$429.5 M
Share Price (Mar 2019)$8.9 (-1%)

Key People/Management at Lexington Realty Trust

Patrick Carroll

Patrick Carroll

Executive Vice President, Chief Financial Officer and Treasurer
Nabil Andrawis

Nabil Andrawis

Executive Vice President and Director of Taxation
Joseph Bonventre

Joseph Bonventre

Executive Vice President, General Counsel and Secretary
Beth Boulerice

Beth Boulerice

Executive Vice President and Chief Accounting Officer
James Dudley

James Dudley

Executive Vice President and Director of Asset Management
Natasha Roberts

Natasha Roberts

Executive Vice President and Director of Acquisitions
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Lexington Realty Trust Office Locations

Lexington Realty Trust has an office in New York
New York, US (HQ)
1 Pennsylvania Plaza #4015
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Lexington Realty Trust Financials and Metrics

Lexington Realty Trust Revenue

Lexington Realty Trust's revenue was reported to be $429.50 m in FY, 2016 which is a 0.3% decrease from the previous period.
USD

Revenue (Q2, 2017)

95.7m

Net income (Q2, 2017)

7.4m

Market capitalization (15-Mar-2019)

2.1b

Closing stock price (15-Mar-2019)

8.9

Cash (30-Jun-2017)

93.3m
Lexington Realty Trust's current market capitalization is $2.1 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

398.4m424.4m430.8m429.5m

Revenue growth, %

7%2%0%

General and administrative expense

31.1m

Operating expense total

31.1m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

97.9m112.2m109.8m109.5m108.6m110.3m105.4m111.6m109.6m106.3m96.1m95.7m

General and administrative expense

6.4m8.0m6.7m6.4m7.8m8.0m6.7m7.8m7.7m7.5m9.5m8.1m

Operating expense total

6.4m8.0m6.7m6.4m7.8m8.0m6.7m7.8m7.7m7.5m9.5m8.1m

Income tax expense

(2.4m)(608.0k)(297.0k)(80.0k)(441.0k)(4.0k)(75.0k)(413.0k)(462.0k)(422.0k)(377.0k)
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

77.3m191.1m93.2m86.6m

Total Assets

3.8b3.8b3.8b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

86.2m46.1m129.1m109.3m54.8m64.4m86.3m80.9m59.8m117.8m177.3m93.3m

Total Assets

3.5b3.8b3.8b3.8b3.8b3.8b3.7b3.8b3.7b3.4b3.4b3.4b

Dividends Payable

34.5m40.4m41.9m42.3m43.2m43.6m45.3m45.7m46.1m47.9m47.7m48.0m

Long-term debt

27.4m24.9m25.1m23.8m15.2m12.5m12.1m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

3.9m97.5m114.9m96.5m

Depreciation and Amortization

183.8m167.3m167.2m170.0m

Accounts Payable

(1.1m)(963.0k)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

5.2m1.8m15.3m42.2m34.4m50.2m(5.2m)50.8m84.6m79.4m50.5m107.1m

Depreciation and Amortization

(44.5m)(41.3m)(39.9m)(40.4m)(40.3m)(41.8m)(39.7m)(43.1m)(41.3m)(40.3m)(42.9m)

Accounts Payable

36.4m34.2m32.9m43.1m42.7m35.7m43.1m30.8m44.3m

Cash From Operating Activities

112.5m181.5m59.2m
USDY, 2017

Financial Leverage

2.4 x
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Lexington Realty Trust News and Updates

Vornado Sells Lexington Realty Trust Shares and Urban Edge Properties Shares and Calls for Redemption its $400 Million 5.00% Notes Due January 2022

NEW YORK, March 04, 2019 (GLOBE NEWSWIRE) -- VORNADO REALTY TRUST (NYSE:VNO) announced that it has sold all of the 18,468,969 common shares of Lexington Realty Trust (NYSE: LXP) that it owns realizing net proceeds of approximately $167.7 million.  This sale will result in a financial statement gai…

Lexington Realty Trust Reports Fourth Quarter 2018 Results

NEW YORK, Feb. 27, 2019 (GLOBE NEWSWIRE) -- Lexington Realty Trust (“Lexington”) (NYSE:LXP), a real estate investment trust focused on single-tenant industrial real estate investments, today announced results for the fourth quarter and year ended December 31, 2018.

Lexington Realty Trust to Report Fourth Quarter 2018 Financial Results and Host Conference Call on February 27, 2019

NEW YORK, Feb. 08, 2019 (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 release its fourth quarter 2018 financial results the morning of Wednesday, Februa…

Lexington Realty Trust Final Dividend Allocation for 2018

NEW YORK, Jan. 25, 2019 (GLOBE NEWSWIRE) -- Lexington Realty Trust (“Lexington”) (NYSE: LXP), a real estate investment trust (REIT) focused on single-tenant real estate investments, today announced its final 2018 dividend income allocations for both its common and preferred shares as they will be …
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Lexington Realty Trust Frequently Asked Questions

  • When was Lexington Realty Trust founded?

    Lexington Realty Trust was founded in 1973.

  • Who are Lexington Realty Trust key executives?

    Lexington Realty Trust's key executives are Patrick Carroll, Nabil Andrawis and Joseph Bonventre.

  • How many employees does Lexington Realty Trust have?

    Lexington Realty Trust has 59 employees.

  • What is Lexington Realty Trust revenue?

    Latest Lexington Realty Trust annual revenue is $429.5 m.

  • What is Lexington Realty Trust revenue per employee?

    Latest Lexington Realty Trust revenue per employee is $7.3 m.

  • Who are Lexington Realty Trust competitors?

    Competitors of Lexington Realty Trust include Derwent London, Baltic Sea Properties and Kite Realty Group Trust.

  • Where is Lexington Realty Trust headquarters?

    Lexington Realty Trust headquarters is located at 1 Pennsylvania Plaza #4015, New York.

  • Where are Lexington Realty Trust offices?

    Lexington Realty Trust has an office in New York.

  • How many offices does Lexington Realty Trust have?

    Lexington Realty Trust has 1 office.