Rexford Industrial Realty, Inc. (NYSE:REXR) Stock Has Consensus Target Price of $41.13

Key Points

• Rexford Industrial Realty has a consensus “Hold” rating from 15 brokerages, with seven buy, five hold and three sell recommendations. The average 12-month price target is $41.13, above the reported share price of $36.35.
• Institutional investors own 99.52% of the company’s stock, with major recent purchases from BlackRock, Legal & General, Bank of America and UBS Asset Management.
• The company’s latest quarter missed earnings expectations, reporting a loss of $2.26 per share versus the $0.60 consensus estimate, while revenue of $243 million slightly exceeded forecasts. Rexford issued fiscal 2026 EPS guidance of $2.38–$2.43.

Rexford Industrial Realty, Inc. (NYSE:REXR - Get Free Report) has been given a consensus rating of "Hold" by the fifteen brokerages that are covering the firm, MarketBeat reports. Three research analysts have rated the stock with a sell rating, five have given a hold rating and seven have given a buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $41.13.

A number of research analysts have issued reports on REXR shares. Wells Fargo & Company reduced their price objective on shares of Rexford Industrial Realty from $44.00 to $43.00 and set an "overweight" rating on the stock in a research report on Tuesday, September 1st. Weiss Ratings cut shares of Rexford Industrial Realty from a "sell (d+)" rating to a "sell (d)" rating in a research report on Thursday, October 8th. BMO Capital Markets boosted their price target on shares of Rexford Industrial Realty from $38.00 to $39.00 and gave the company an "outperform" rating in a research report on Monday, September 28th. Cantor Fitzgerald reissued an "overweight" rating on shares of Rexford Industrial Realty in a research note on Wednesday, September 30th. Finally, Scotiabank raised their price objective on shares of Rexford Industrial Realty from $38.00 to $40.00 and gave the stock a "sector outperform" rating in a report on Monday, August 31st.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. BlackRock Inc. bought a new position in shares of Rexford Industrial Realty during the second quarter valued at $1,293,168,000. Dimensional Fund Advisors LP raised its position in shares of Rexford Industrial Realty by 2.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,581,987 shares of the real estate investment trust's stock worth $117,239,000 after purchasing an additional 85,135 shares during the last quarter. Legal & General Group Plc purchased a new position in shares of Rexford Industrial Realty in the 2nd quarter worth about $86,861,000. Bank of America Corp DE purchased a new position in shares of Rexford Industrial Realty in the 2nd quarter worth about $79,547,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Rexford Industrial Realty by 41,558.2% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,654,665 shares of the real estate investment trust's stock worth $55,431,000 after purchasing an additional 1,650,693 shares in the last quarter. Hedge funds and other institutional investors own 99.52% of the company's stock.

Rexford Industrial Realty Price Performance

REXR opened at $36.35 on Tuesday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.70 and a current ratio of 1.70. Rexford Industrial Realty has a 52-week low of $32.14 and a 52-week high of $44.38. The stock has a market capitalization of $8.11 billion, a PE ratio of -20.08 and a beta of 1.18. The stock's 50 day moving average price is $37.23 and its 200-day moving average price is $36.01.

Rexford Industrial Realty (NYSE:REXR - Get Free Report) last announced its 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 the consensus estimate of $240.24 million. During the same quarter in the prior year, the company earned $0.59 EPS. Rexford Industrial Realty'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. On average, equities research analysts predict that Rexford Industrial Realty will post 2.40 EPS for the current year.

Rexford Industrial Realty Company Profile

Rexford Industrial Realty, Inc NYSE: REXR is a publicly traded real estate investment trust focused on owning, operating and acquiring industrial properties. Its portfolio primarily consists of infill logistics, warehouse, distribution and manufacturing facilities that support supply-chain and business operations.

The company concentrates exclusively on Southern California, including the Los Angeles, Orange County, San Diego and Inland Empire industrial markets. Rexford seeks to benefit from the region's established transportation infrastructure, large consumer base and constrained supply of well-located industrial real estate.

Rexford Industrial Realty became a publicly traded company in 2013.

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