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LXP Industrial Trust

LXP Industrial Trust (LXP)

9.06
-0.14
(-1.52%)
At close: December 11 4:00PM
9.06
0.00
( 0.00% )
After Hours: 4:01PM

Calls

StrikeBid PriceAsk PriceLast PriceMidpointChangeChange %VolumeOPEN INTLast Trade
2.505.307.900.006.600.000.00 %00-
5.003.604.400.004.000.000.00 %00-
7.501.002.050.001.5250.000.00 %00-
10.000.230.050.230.140.000.00 %07-
12.500.000.750.000.000.000.00 %00-
15.000.000.750.000.000.000.00 %00-

Real-time discussions and trading ideas: Trade with confidence with our powerful platform.

Puts

StrikeBid PriceAsk PriceLast PriceMidpointChangeChange %VolumeOPEN INTLast Trade
2.500.000.750.000.000.000.00 %00-
5.000.000.750.000.000.000.00 %00-
7.500.051.250.050.650.000.00 %01-
10.000.051.250.000.650.000.00 %00-
12.503.104.900.004.000.000.00 %00-
15.004.807.300.006.050.000.00 %00-

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LXP Discussion

View Posts
swanlinbar swanlinbar 6 years ago
LXP bought @ 8.16 today Lexington Realty Trust Announces quarterly Common Share Dividend
5:00 pm ET September 13, 2018 (Globe Newswire) Print
Lexington Realty Trust (NYSE:LXP) ("Lexington"), a real estate investment trust (REIT) focused on single-tenant real estate investments, today announced that it declared a regular common share/unit dividend/distribution for the quarter ending September 30, 2018 of $0.1775 per common share/unit payable on or about October 15, 2018 to common shareholders/unitholders of record as of September 28, 2018.

Lexington also declared a cash dividend of $0.8125 per share of Series C Cumulative Convertible Preferred Stock ("Series C Preferred Shares") for the quarter ending September 30, 2018, which is payable on or about November 15, 2018, to holders of Series C Preferred Shares of record as of October 31, 201.

Contact:

Investor or Media Inquiries for Lexington Realty Trust:
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mick mick 8 years ago
LXP News: Amended Current Report Filing (8-k/a) 04/05/2017 04:59:02 PM
LXP News: Additional Proxy Soliciting Materials (definitive) (defa14a) 04/04/2017 04:39:56 PM
LXP News: Proxy Statement (definitive) (def 14a) 04/04/2017 04:38:11 PM
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mick mick 8 years ago
$LXP LXP News: Statement of Changes in Beneficial Ownership (4) 04/04/2017 02:21:23 PM
LXP News: Statement of Changes in Beneficial Ownership (4) 04/04/2017 02:19:38 PM
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mick mick 8 years ago
Lexington Realty Trust (Lexington) is a self-managed and self-administered real estate investment trust (REIT). The Company’s primary business is the acquisition, ownership and management of portfolios of net-leased office, industrial and retail properties. It conducts all of its property operations through property owner subsidiaries. As of December 31, 2010, Lexington had ownership interests in approximately 195 consolidated real estate properties, located in 39 states and containing an aggregate of approximately 36.9 million square feet of space, approximately 93% of which was subject to a lease. During the year ended December 31, 2010, no tenant/guarantor represented greater than 10% of its annual base rental revenue. The Company is structured as an umbrella partnership REIT (UPREIT), and a portion of its business is conducted through its three operating partnership subsidiaries. In January 2012, the Company acquired a build-to-suit office facility in Huntington.

http://www.google.com/finance?q=LXP
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mick mick 8 years ago
Lexington Realty Tru (LXP)
10.19 ? 0.0 (0.00%)
Volume: 1,871,813 @ 4:28:57 PM ET
Bid Ask Day's Range
- - 10.17 - 10.33
LXP Detailed Quote
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Pennystomper55 Pennystomper55 8 years ago
Massive buys rolling in, some institution must be adding to their position.
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Pennystomper55 Pennystomper55 8 years ago
Chugging along nicely, BTS business building a great portfolio for future income.
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Pennystomper55 Pennystomper55 9 years ago
The chart of Lexington Realty Trust (LXP) shows a double top with $13.56 target or 58.00% above today’s $8.58 share price. The 5 months chart pattern indicates low risk for the $2.06 billion company. It was reported on Apr, 11 by Finviz.com. If the $13.56 price target is reached, the company will be worth $1.19B more. Double tops are rare but powerful chart patterns. The stock increased 2.02% or $0.17 on April 8, hitting $8.58. Lexington Realty Trust (NYSE:LXP) has risen 9.30% since September 2, 2015 and is uptrending. It has outperformed by 4.23% the S&P500.
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Pennystomper55 Pennystomper55 9 years ago
Love the current price here, low enough for the company to buy shares back and low enough for me to feel like its a strong buy here.
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Pennystomper55 Pennystomper55 9 years ago
Nice Earnings today, so glad to see the company is doing a share buyback!
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Pennystomper55 Pennystomper55 9 years ago
Looking good these last few days.
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baglady baglady 10 years ago
NEWS . . .http://www.globenewswire.com/news-release/2015/06/09/743159/0/en/Lexington-Realty-Trust-Sells-Office-Property.html
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Pennystomper55 Pennystomper55 10 years ago
Good to see this starting to move up.
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StockGod StockGod 10 years ago
its probably retirement blah blah blah something or other.
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Pennystomper55 Pennystomper55 10 years ago
Do you know what a REIT is?
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StockGod StockGod 10 years ago
Uh huh. Know any market makers?
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Pennystomper55 Pennystomper55 10 years ago
Its alright, happy trading, I have invested for long term for retirement income in 30 or 40 years; all about diversifying my portfolio for the long term.
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Pennystomper55 Pennystomper55 10 years ago
You do understand they are different companies correct? That company is a privately held company.

"Gc Lexington Ky Inc
A privately held company in Lexington, KY"
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StockGod StockGod 10 years ago
apologies. I'm looking for a better strategy. Thanks.
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Pennystomper55 Pennystomper55 10 years ago
Just bought into Lexington Realty Trust today, seems like a pretty good price under here at $9.51.
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UserAlias1 UserAlias1 10 years ago
Lexington Realty Trust Reports Fourth Quarter 2014 Results

Last update: 19/02/2015 7:30:05 am

Lexington Realty Trust Reports Fourth Quarter 2014 Results

NEW YORK, Feb. 19, 2015 (GLOBE NEWSWIRE) -- Lexington Realty Trust ("Lexington") (NYSE:LXP), a real estate investment trust focused on single-tenant real estate investments, today announced results for the fourth quarter ended December 31, 2014.

Fourth Quarter 2014 Highlights
-- Generated Company Funds From Operations ("Company FFO") of $66.3 million,
or $0.27 per diluted common share.

-- Acquired three properties for $70.4 million.

-- Invested $24.5 million in on-going build-to-suit projects and loan
investments.

-- Generated gross disposition proceeds of $167.2 million from the sale of
four office buildings.

-- Received $32.8 million from maturing loan investment.

-- Retired $59.0 million of debt.

-- Completed 1.9 million square feet of new leases and lease extensions,
raising cash and GAAP renewal rents by 4.6%.

T. Wilson Eglin, President and Chief Executive Officer of Lexington, stated "The execution of our stated strategies in 2014 has resulted in a strong balance sheet with a large cash position, which we believe positions us to capitalize on growth opportunities in 2015. We are already committed to fund approximately $325 million in growth initiatives this year. We believe our pipeline remains strong with additional opportunities for growth as the year progresses. We also expect to continue to take advantage of refinancing opportunities in 2015, to reduce interest expense and extend our debt maturities."

FINANCIAL RESULTS

Revenues

For the quarter ended December 31, 2014, total gross revenues were $108.0 million, compared with total gross revenues of $100.5 million for the quarter ended December 31, 2013. The increase is primarily due to property acquisitions.

Company FFO

For the quarter ended December 31, 2014, Lexington generated Company FFO of $66.3 million, or $0.27 per diluted share, compared to Company FFO for the quarter ended December 31, 2013 of $65.7 million, or $0.28 per diluted share. The calculation of Company FFO and a reconciliation to net income (loss) attributable to common shareholders is included later in this press release.

Dividends/Distributions

Lexington declared a regular quarterly common share/unit dividend/distribution for the quarter ended December 31, 2014 of $0.17 per common share/unit, which was paid on January 15, 2015 to common shareholders/unitholders of record as of December 31, 2014, and a dividend of $0.8125 per share on its Series C Cumulative Convertible Preferred Stock ("Series C Preferred Shares"), which was paid on February 17, 2015 to Series C Preferred Shareholders of record as of January 30, 2015.

Net Income (Loss) Attributable to Common Shareholders

For the quarter ended December 31, 2014, net income attributable to common shareholders was $35.7 million, or $0.15 per diluted share, compared with net loss attributable to common shareholders for the quarter ended December 31, 2013 of $(8.9) million, or $(0.04) per diluted share.

OPERATING ACTIVITIES

Investment Activity

Acquisitions

Initial
Initial Annualized Initial Estimated Lease
Property Basis Cash Rent Cash GAAP Term
Tenant/Guarantor Location Type ($000) ($000) Yield Yield (Yrs)
----------------- ---------- ----------- --------- ---------- ------- --------- ------
ZE-45 Ground New York,
Tenant LLC NY Land $ 30,426 $ 1,500 4.9% 15.2% 99
Vineland, Rehab
HealthSouth Corp. NJ Hospital 19,100 1,113 5.8% 5.8%(1) 28
International
Automotive
Components Group Anniston,
North America AL Industrial 20,907 1,572 7.5% 8.3% 15
--------- ---------- ------- ---------
$ 70,433 $ 4,185 5.9% 10.6%
========= ========== ======= =========
1. Lease contains annual CPI increases.



On-going Build-to-Suit Projects

GAAP
Investment
Maximum Balance as
Lease Commitment/Estimated of Estimated
Property Term Completion Cost 12/31/2014 Completion
Location Sq. Ft. Type (Years) ($000) ($000) Date
---------- --------- ---------- ------- -------------------- ---------- ------------
Oak Creek,
WI 164,000 Industrial 20 $ 22,609 $ 11,860 2Q 15
Thomson,
GA 208,000 Industrial 15 10,245 3,428 2Q 15
Richmond,
VA 330,000 Office 15 110,137 62,225 3Q 15
Lake
Jackson,
TX 664,000 Office/R&D 20 166,164 28,225 4Q 16
Houston, Private
TX(1) 274,000 School 20 86,491 11,795 3Q 16
--------- -------------------- ----------
1,640,000 $ 395,646 $ 117,533
========= ==================== ==========
1. Lexington has a 25% interest as of December 31,
2014. Lexington may provide construction financing
up to $56.7 million to the joint venture.



Forward
Commitments
Estimated Estimated
Acquisition Estimated Initial Estimated Lease
Property Cost Completion Cash GAAP Term
Location Type ($000) Date Yield Yield (Years)
------------ ----------- ----------- ---------- --------- --------- -------
Auburn
Hills, MI Office $ 40,025 1Q 15 7.9% 9.0% 14
Richland, WA Industrial 155,000 4Q 15 7.1% 8.6% 20
----------- --------- ---------
$ 195,025 7.3% 8.7%
=========== ========= =========


Capital Recycling

Property Dispositions

Gross
Disposition Annualized
Property Price NOI Month of
Tenant Location Type ($000) ($000) Disposition
------------ ------------- --------- ------------ ---------- ------------
Bank of
America,
National
Association Brea, CA Office $ 110,000 $ 8,096 Nov-14
Vacant(1) Chicago, IL Office 34,150 -- Nov-14
Canal
Insurance Greenville,
Company SC Office 11,550 991 Dec-14
Vacant(2) Houston, TX Office 11,486 -- Dec-14
------------ ----------
$ 167,186 $ 9,087
============ ==========
1. $29.9 million secured debt satisfied at closing.
2. Purchaser assumed an $11.5 million secured debt.


Loan Investments

Lexington collected $32.8 million in full satisfaction of the Norwalk, Connecticut loan investment.

Balance Sheet

During the fourth quarter of 2014, Lexington satisfied $50.5 million of secured debt, which had a weighted-average interest rate of 5.5%, including the $41.4 million of aggregate secured debt encumbering properties which were disposed.

In December 2014, holders converted approximately $8.6 million original principal amount 6.00% Convertible Guaranteed Notes due 2030 ("6.00% Notes") for 1,280,439 common shares and a cash payment of $171 thousand plus accrued interest, reducing the outstanding balance of this note issuance to $16.2 million at December 31, 2014. All common shares that are issuable upon conversion of the 6.00% Notes are treated as outstanding for diluted Company FFO calculations.

During the fourth quarter of 2014, Lexington locked rate on the following secured loans:


Property Amount Term
Tenant/Guarantor Location Type ($000) Fixed Rate (approx.)
----------------- ----------- ----------- --------- ---------- ----------
ZE-45 Ground New York,
Tenant LLC(1) NY Land $ 29,193 4.1% 10 years
Federal Express Long Island
Corporation(2) City, NY Industrial 51,650 3.5% 13 years
--------- ----------
$ 80,843 3.7%
========= ==========
1. Loan closed in first quarter of 2015.
2. No assurances can be given that the loan will be
funded on these terms or at all.



Leasing
During the fourth quarter of 2014, Lexington executed
the following new and extended leases:


LEASE EXTENSIONS

Location Prior Term Lease Expiration Date Sq. Ft.
------------------------ ---------- --------------------- ---------

Office/Multi-Tenant

1 Little Rock AR 10/2015 10/2020 36,311
2 Pine Bluff AR 10/2015 10/2017 27,189
3 Phoenix AZ 11/2016 11/2021 6,982
------------------------ ---------

(MORE TO FOLLOW) Dow Jones Newswires

February 19, 2015 07:30 ET (12:30 GMT)
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Penny Roger$ Penny Roger$ 13 years ago
http://stocks.us.reuters.com/stocks/keyDevelopments.asp?rpc=66&symbol=LXP×tamp=20120503113000
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Penny Roger$ Penny Roger$ 13 years ago
~ Thursday! $LXP ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $LXP ~ Earnings expected on Thursday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=LXP&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=LXP&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=LXP
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=LXP#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=LXP+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=LXP
Finviz: http://finviz.com/quote.ashx?t=LXP
~ BusyStock: http://busystock.com/i.php?s=LXP&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=LXP >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.
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Penny Roger$ Penny Roger$ 13 years ago
Lexington Realty Trust (Lexington) is a self-managed and self-administered real estate investment trust (REIT). The Company’s primary business is the acquisition, ownership and management of portfolios of net-leased office, industrial and retail properties. It conducts all of its property operations through property owner subsidiaries. As of December 31, 2010, Lexington had ownership interests in approximately 195 consolidated real estate properties, located in 39 states and containing an aggregate of approximately 36.9 million square feet of space, approximately 93% of which was subject to a lease. During the year ended December 31, 2010, no tenant/guarantor represented greater than 10% of its annual base rental revenue. The Company is structured as an umbrella partnership REIT (UPREIT), and a portion of its business is conducted through its three operating partnership subsidiaries. In January 2012, the Company acquired a build-to-suit office facility in Huntington.

http://www.google.com/finance?q=LXP
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