REX American Resources (REX) Expected to Announce Earnings on Wednesday

REX American Resources (NYSE:REX - Get Free Report) is anticipated to announce its Q1 2026 earnings results before the market opens on Wednesday, May 28th. Analysts expect the company to announce earnings of $0.34 per share and revenue of $161.00 million for the quarter.

REX American Resources (NYSE:REX - Get Free Report) last posted its quarterly earnings data on Wednesday, March 26th. The energy company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.36. The business had revenue of $158.23 million during the quarter, compared to analysts' expectations of $163.00 million. REX American Resources had a net margin of 10.07% and a return on equity of 11.05%. During the same period last year, the firm posted $1.16 earnings per share. On average, analysts expect REX American Resources to post $3 EPS for the current fiscal year and $1 EPS for the next fiscal year.

REX American Resources Price Performance

Shares of NYSE REX traded down $0.13 during mid-day trading on Monday, reaching $41.63. 60,024 shares of the company traded hands, compared to its average volume of 144,128. REX American Resources has a fifty-two week low of $33.45 and a fifty-two week high of $56.65. The firm has a market cap of $691.72 million, a PE ratio of 10.90 and a beta of 0.51. The stock has a fifty day simple moving average of $39.52 and a 200-day simple moving average of $40.85.

REX American Resources declared that its Board of Directors has initiated a share repurchase plan on Wednesday, March 26th that permits the company to buyback 1,500,000 shares. This buyback authorization permits the energy company to purchase shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company's board believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Separately, Truist Financial reiterated a "buy" rating and set a $50.00 price target (down from $55.00) on shares of REX American Resources in a research report on Thursday, March 27th.

Institutional Investors Weigh In On REX American Resources

Hedge funds and other institutional investors have recently bought and sold shares of the business. AQR Capital Management LLC boosted its position in shares of REX American Resources by 29.2% during the 1st quarter. AQR Capital Management LLC now owns 96,316 shares of the energy company's stock valued at $3,619,000 after purchasing an additional 21,781 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of REX American Resources by 74.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 82,244 shares of the energy company's stock worth $3,090,000 after purchasing an additional 35,209 shares in the last quarter. Empowered Funds LLC lifted its stake in REX American Resources by 4.1% during the first quarter. Empowered Funds LLC now owns 78,667 shares of the energy company's stock valued at $2,956,000 after purchasing an additional 3,128 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in REX American Resources by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,161 shares of the energy company's stock worth $344,000 after buying an additional 390 shares in the last quarter. 88.12% of the stock is currently owned by institutional investors.

About REX American Resources

REX American Resources Corporation, together with its subsidiaries, produces and sells ethanol in the United States. The company also offers corn, distillers grains, ethanol, distillers corn oil, gasoline, and natural gas. In addition, it provides dry distillers grains with solubles, which is used as a protein in animal feed.