Rexford Industrial Realty (NYSE:REXR) Updates FY 2026 Earnings Guidance

Key Points

• Rexford Industrial Realty guided for FY 2026 EPS of $2.38–$2.43, broadly in line with analysts’ consensus estimate of $2.39.
• Analyst sentiment is mixed, with a consensus “Hold” rating and an average price target of $41.00; five analysts rate the stock a Buy, seven Hold, and three Sell.
• The stock fell 1.1% to $38.40, while the company announced a quarterly dividend of $0.435 per share, equal to a $1.74 annualized payout and a 4.5% yield.

Rexford Industrial Realty (NYSE:REXR - Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 2.380-2.430 for the period, compared to the consensus earnings per share estimate of 2.390. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on REXR shares. Wells Fargo & Company dropped 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 report on Tuesday, September 1st. Cantor Fitzgerald reiterated an "overweight" rating on shares of Rexford Industrial Realty in a report on Monday, July 27th. Evercore reissued an "outperform" rating on shares of Rexford Industrial Realty in a research note on Monday, July 27th. Truist Financial cut their price target on Rexford Industrial Realty from $40.00 to $38.00 and set a "buy" rating on the stock in a report on Thursday, May 21st. Finally, Jefferies Financial Group cut Rexford Industrial Realty from a "buy" rating to a "hold" rating and set a $40.00 price objective for the company. in a research report on Thursday, August 6th. Five research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat, Rexford Industrial Realty has a consensus rating of "Hold" and an average target price of $41.00.

Rexford Industrial Realty Stock Down 1.1%

REXR traded down $0.44 during trading hours on Thursday, hitting $38.40. 3,108,782 shares of the company's stock were exchanged, compared to its average volume of 2,565,269. Rexford Industrial Realty has a 1-year low of $32.14 and a 1-year high of $44.38. The stock's 50-day moving average is $37.04 and its two-hundred day moving average is $35.64. The stock has a market cap of $8.56 billion, a price-to-earnings ratio of -21.21 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.

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) earnings per share (EPS) for the quarter, missing the consensus estimate 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 during the quarter, compared to analyst estimates of $240.24 million. During the same quarter in the previous year, the firm posted $0.59 earnings per share. The firm's quarterly revenue was down 1.6% on a year-over-year basis. Rexford Industrial Realty has set its FY 2026 guidance at 2.380-2.430 EPS. Sell-side analysts predict that Rexford Industrial Realty will post 2.39 earnings per share for the current fiscal year.

Rexford Industrial Realty Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be issued a dividend of $0.435 per share. This represents a $1.74 annualized dividend and a yield of 4.5%. The ex-dividend date is Wednesday, September 30th. Rexford Industrial Realty's dividend payout ratio is presently -96.13%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.