Rexford Industrial Realty, Inc. (NYSE:REXR) Receives Consensus Rating of “Hold” from Brokerages

Shares of Rexford Industrial Realty, Inc. (NYSE:REXRGet 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

Large investors have recently made changes to their positions in the company. Lazard Asset Management LLC raised its stake in Rexford Industrial Realty by 1.0% in the second quarter. Lazard Asset Management LLC now owns 35,475 shares of the real estate investment trust’s stock worth $1,261,000 after buying an additional 362 shares in the last quarter. IFM Investors Pty Ltd lifted its holdings in Rexford Industrial Realty by 1.0% in the first quarter. IFM Investors Pty Ltd now owns 38,360 shares of the real estate investment trust’s stock worth $1,256,000 after buying an additional 370 shares during the period. Rockefeller Capital Management L.P. boosted its position in Rexford Industrial Realty by 8.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 4,878 shares of the real estate investment trust’s stock valued at $189,000 after acquiring an additional 387 shares in the last quarter. Koa Wealth Management LLC grew its holdings in shares of Rexford Industrial Realty by 0.9% during the 1st quarter. Koa Wealth Management LLC now owns 46,268 shares of the real estate investment trust’s stock worth $1,514,000 after acquiring an additional 408 shares during the period. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Rexford Industrial Realty by 13.1% during the 1st quarter. EverSource Wealth Advisors LLC now owns 3,804 shares of the real estate investment trust’s stock worth $125,000 after acquiring an additional 441 shares during the period. 99.52% of the stock is currently owned by institutional investors and hedge funds.

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:REXRGet 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

(Get Free Report)

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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Analyst Recommendations for Rexford Industrial Realty (NYSE:REXR)

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