Shares of Rexford Industrial Realty, Inc. (NYSE:REXR – Get Free Report) have been given an average rating of “Hold” by the fifteen research firms that are covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a sell recommendation, six have given a hold recommendation and five have given a buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $40.5714.
A number of analysts have weighed in on the company. JPMorgan Chase & Co. increased their price target on Rexford Industrial Realty from $36.00 to $39.00 and gave the stock an “underweight” rating in a report on Monday, August 3rd. Zacks Research raised Rexford Industrial Realty from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 28th. Cantor Fitzgerald reissued an “overweight” rating on shares of Rexford Industrial Realty in a research note on Monday, July 27th. Barclays cut their price target on Rexford Industrial Realty from $40.00 to $36.00 and set an “underweight” rating on the stock in a report on Thursday, July 16th. Finally, Jefferies Financial Group downgraded shares of Rexford Industrial Realty from a “buy” rating to a “hold” rating and set a $40.00 target price on the stock. in a research report on Thursday.
View Our Latest Research Report on Rexford Industrial Realty
Institutional Trading of Rexford Industrial Realty
Rexford Industrial Realty Stock Down 1.1%
Rexford Industrial Realty stock opened at $36.34 on Thursday. The firm has a market cap of $8.10 billion, a price-to-earnings ratio of -20.08, a PEG ratio of 1.53 and a beta of 1.19. Rexford Industrial Realty has a 52-week low of $32.14 and a 52-week high of $44.38. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.70 and a current ratio of 1.70. The firm has a 50 day moving average price of $35.33 and a two-hundred day moving average price of $35.91.
Rexford Industrial Realty (NYSE:REXR – Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported ($2.26) EPS for the quarter, missing analysts’ consensus estimates of $0.60 by ($2.86). Rexford Industrial Realty had a negative net margin of 39.22% and a negative return on equity of 4.61%. The firm had revenue of $243.00 million during the quarter, compared to the consensus estimate of $240.24 million. During the same period in the prior year, the company posted $0.59 earnings per share. The company’s revenue for the quarter was down 1.6% compared to the same quarter last year. Rexford Industrial Realty has set its FY 2026 guidance at 2.380-2.430 EPS. Equities analysts predict that Rexford Industrial Realty will post 2.41 EPS for the current year.
Rexford Industrial Realty Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.435 per share. This represents a $1.74 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend is Wednesday, September 30th. Rexford Industrial Realty’s dividend payout ratio is -96.13%.
About Rexford Industrial Realty
Rexford Industrial Realty, Inc (NYSE: REXR) is a real estate investment trust (REIT) specializing in the acquisition, ownership and operation of industrial properties in Southern California. The company’s portfolio is concentrated in infill locations across key supply-chain markets, where it targets modern distribution centers, logistics facilities and light manufacturing spaces. Rexford’s strategy emphasizes buildings that offer proximity to major transportation routes and labor pools, catering to tenants in e-commerce, third-party logistics and manufacturing industries.
Since its founding in 2013, Rexford Industrial Realty has executed a disciplined growth plan driven by property acquisitions, selective development projects and strategic value-add initiatives.
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