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Lexington Realty Trust (LXP): Today's Featured Real Estate Loser

Stock quotes in this article: LXP

Lexington Realty ( LXP) pushed the Real Estate industry lower today making it today's featured Real Estate loser. The industry as a whole closed the day up 1.1%. By the end of trading, Lexington Realty fell 9 cents (-1.1%) to $8.30 on heavy volume. Throughout the day, 2.9 million shares of Lexington Realty exchanged hands as compared to its average daily volume of 1.1 million shares. The stock ranged in price between $8.26-$8.45 after having opened the day at $8.45 as compared to the previous trading day's close of $8.39. Other company's within the Real Estate industry that declined today were: American Realty Investors ( ARL), down 4.8%, SYSWIN ( SYSW), down 4.5%, Amrep Corporation ( AXR), down 4.4%, and Vestin Realty Mortgage II ( VRTB), down 4.2%.

Lexington Corporate Properties Trust operates as a self-managed and self-administered real estate investment trust (REIT). The company acquires, owns, and manages a portfolio of office, industrial, and retail properties net-leased to corporate tenants in the United States. Lexington Realty has a market cap of $1.31 billion and is part of the financial sector. Shares are up 12% year to date as of the close of trading on Friday. Currently there are five analysts that rate Lexington Realty a buy, no analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates Lexington Realty as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and a generally disappointing performance in the stock itself.

On the positive front, Nationstar Mortgage Holdings ( NSM), up 9.1%, Institutional Financial Markets ( IFMI), up 8.9%, E-House China Holdings ( EJ), up 8.9%, and Elbit Imaging ( EMITF), up 8.6%, were all gainers within the real estate industry with American Express ( AXP) being today's featured real estate industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the real estate industry could consider iShares Dow Jones US Real Estate ( IYR) while those bearish on the real estate industry could consider ProShares Short Real Estate Fund ( REK).

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