What analysts say:
- Buy, sell, or hold?: Analysts strongly back Lexington Realty, with six out of eight rating it a buy and the remainder rating it a hold. Analysts like Lexington Realty better than competitor Washington Real Estate Investment overall. While analysts still rate the stock a moderate buy, they are a little more optimistic about it compared to three months ago.
- Revenue forecasts: On average, analysts predict $85.2 million in revenue this quarter. That would represent a decline of 0.6% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.22 per share. Estimates range from $0.19 to $0.23.
What our community says:
CAPS All-Stars are enthusiastically backing the stock, with 95.2% granting it an outperform rating. Most of the community is in line with the All-Stars, with 89.9% giving it a rating of outperform. Though still bullish, the CAPS rating of four out of five stars for Lexington Realty is a bit more pessimistic than the community assessment.
Revenue has fallen in the past two quarters.
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