Rexford Industrial Realty, Inc. (NYSE:REXR) Stock Has Average Price Target of $41.00

Key Points

• Analysts have a consensus “Hold” rating on Rexford Industrial Realty, with three sell, seven hold and five buy recommendations. The average 12-month price target is $41.00, modestly above the reported $37.93 share price.
• Rexford reported a significant quarterly EPS miss, posting -$2.26 versus the $0.60 consensus estimate, although revenue of $243 million exceeded expectations. Revenue declined 1.6% year over year, and the company issued fiscal 2026 EPS guidance of $2.38–$2.43.
• The REIT declared a quarterly dividend of $0.435 per share, equivalent to $1.74 annually and a 4.6% yield. Institutional investors own 99.52% of the company’s shares.

Shares of Rexford Industrial Realty, Inc. (NYSE:REXR - Get Free Report) have been assigned an average rating of "Hold" from the fifteen ratings firms that are covering the company, Marketbeat.com reports. Three analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $41.00.

A number of equities analysts recently weighed in on REXR shares. JPMorgan Chase & Co. boosted their price target on shares of Rexford Industrial Realty from $36.00 to $39.00 and gave the stock an "underweight" rating in a report on Monday, August 3rd. Jefferies Financial Group lowered shares of Rexford Industrial Realty from a "buy" rating to a "hold" rating and set a $40.00 price objective on the stock. in a research report on Thursday, August 6th. Wells Fargo & Company dropped their target price on shares of Rexford Industrial Realty from $44.00 to $43.00 and set an "overweight" rating on the stock in a research note on Tuesday, September 1st. Scotiabank increased their target price on shares of Rexford Industrial Realty from $38.00 to $40.00 and gave the company a "sector outperform" rating in a research report on Monday, August 31st. Finally, Citigroup restated a "neutral" rating on shares of Rexford Industrial Realty in a research note on Wednesday, July 29th.

Rexford Industrial Realty Stock Performance

REXR stock opened at $37.93 on Friday. The firm has a market cap of $8.46 billion, a PE ratio of -20.96 and a beta of 1.18. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 0.42. The business has a 50 day moving average of $37.41 and a 200-day moving average of $35.69. Rexford Industrial Realty has a 12-month low of $32.14 and a 12-month high of $44.38.

Rexford Industrial Realty (NYSE:REXR - Get Free Report) last issued its quarterly earnings results 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 business had revenue of $243.00 million for the quarter, compared to analysts' expectations of $240.24 million. During the same period in the previous year, the business posted $0.59 earnings per share. The business's revenue 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. As a group, sell-side analysts expect that Rexford Industrial Realty will post 2.4 earnings per share for the current year.

Rexford Industrial Realty Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be issued a dividend of $0.4350 per share. This represents a $1.74 annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend is Wednesday, September 30th. Rexford Industrial Realty's dividend payout ratio is -96.13%.

Institutional Trading of Rexford Industrial Realty

A number of large investors have recently bought and sold shares of REXR. Cassaday & Co Wealth Management LLC purchased a new position in shares of Rexford Industrial Realty during the 1st quarter valued at $33,000. Allworth Financial LP purchased a new stake in Rexford Industrial Realty in the 2nd quarter worth about $33,000. Caitlin John LLC bought a new stake in Rexford Industrial Realty in the 2nd quarter valued at about $36,000. Global Retirement Partners LLC bought a new stake in Rexford Industrial Realty in the 2nd quarter valued at about $51,000. Finally, CX Institutional lifted its holdings in Rexford Industrial Realty by 172.4% during the second quarter. CX Institutional now owns 1,768 shares of the real estate investment trust's stock valued at $59,000 after purchasing an additional 1,119 shares during the last quarter. 99.52% of the stock is owned by hedge funds and other institutional investors.

Rexford Industrial Realty Company Profile

Rexford Industrial Realty, Inc is a real estate investment trust that owns, operates and redevelops industrial properties in Southern California. The company focuses primarily on infill industrial real estate, including warehouses, distribution facilities, manufacturing buildings and other properties used for logistics and commercial operations.

Rexford seeks to create value through the acquisition, leasing, repositioning, redevelopment and development of industrial properties. Its properties are generally located in densely populated and supply-constrained markets across the region, where proximity to customers, transportation infrastructure and major population centers can support demand for industrial space.

Founded in 2001, Rexford Industrial Realty has built a portfolio concentrated in the Greater Los Angeles and San Diego areas.

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