Rexford Industrial Realty, Inc. (NYSE:REXR) Receives Average Rating of "Hold" from Brokerages

Key Points

• Analysts give Rexford Industrial Realty a consensus "Hold" from 13 firms (2 sell, 8 hold, 3 buy) with an average 12‑month price target of $41.92.
• Company insiders have been buying shares recently — the COO purchased 5,310 shares at $37.73 and the CFO 2,650 shares at $37.55, with insiders buying a total of 12,960 shares (~$486,804) in the last three months.
• Rexford raised its quarterly dividend to $0.435 ($1.74 annualized) for a 5.3% yield204.71%.

Shares of Rexford Industrial Realty, Inc. (NYSE:REXR - Get Free Report) have earned a consensus recommendation of "Hold" from the thirteen ratings firms that are presently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $41.9231.

A number of research analysts recently issued reports on REXR shares. Evercore reduced their price target on Rexford Industrial Realty from $41.00 to $40.00 and set an "in-line" rating on the stock in a report on Monday, December 22nd. Zacks Research lowered shares of Rexford Industrial Realty from a "hold" rating to a "strong sell" rating in a research note on Wednesday, February 4th. Cantor Fitzgerald reduced their price objective on Rexford Industrial Realty from $50.00 to $45.00 and set an "overweight" rating for the company in a research report on Friday, February 6th. Citigroup reduced their price objective on shares of Rexford Industrial Realty from $46.00 to $39.00 and set a "neutral" rating for the company in a research note on Friday, February 13th. Finally, Mizuho boosted their price target on Rexford Industrial Realty from $40.00 to $41.00 and gave the stock a "neutral" rating in a research note on Thursday, December 4th.

Insider Transactions at Rexford Industrial Realty

In other news, COO Laura E. Clark bought 5,310 shares of the stock in a transaction on Friday, February 27th. The shares were bought at an average price of $37.73 per share, with a total value of $200,346.30. Following the completion of the acquisition, the chief operating officer owned 5,310 shares in the company, valued at $200,346.30. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Michael Fitzmaurice acquired 2,650 shares of the stock in a transaction dated Friday, February 27th. The stock was acquired at an average price of $37.55 per share, for a total transaction of $99,507.50. Following the purchase, the chief financial officer directly owned 14,133 shares in the company, valued at approximately $530,694.15. This trade represents a 23.08% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased a total of 12,960 shares of company stock worth $486,804 in the last three months. 1.20% of the stock is owned by insiders.

Institutional Investors Weigh In On Rexford Industrial Realty

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. V Square Quantitative Management LLC bought a new stake in shares of Rexford Industrial Realty during the 4th quarter valued at $31,000. Vision Financial Markets LLC purchased a new stake in shares of Rexford Industrial Realty during the 3rd quarter worth approximately $33,000. Wiser Advisor Group LLC purchased a new stake in Rexford Industrial Realty during the third quarter valued at $34,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in shares of Rexford Industrial Realty during the 4th quarter valued at about $34,000. Finally, Allworth Financial LP raised its position in Rexford Industrial Realty by 140.3% during the third quarter. Allworth Financial LP now owns 983 shares of the real estate investment trust's stock valued at $40,000 after purchasing an additional 574 shares during the period. Institutional investors own 99.52% of the company's stock.

Rexford Industrial Realty Stock Up 0.5%

Shares of NYSE:REXR opened at $32.90 on Thursday. The company has a current ratio of 2.51, a quick ratio of 2.51 and a debt-to-equity ratio of 0.37. The stock's 50-day moving average price is $36.79 and its 200-day moving average price is $39.61. The stock has a market capitalization of $7.63 billion, a P/E ratio of 38.71, a price-to-earnings-growth ratio of 2.36 and a beta of 1.24. Rexford Industrial Realty has a 12-month low of $29.68 and a 12-month high of $44.38.

Rexford Industrial Realty (NYSE:REXR - Get Free Report) last announced its quarterly earnings data on Wednesday, February 4th. The real estate investment trust reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.01. Rexford Industrial Realty had a return on equity of 2.37% and a net margin of 21.03%.The firm had revenue of $243.43 million during the quarter, compared to the consensus estimate of $249.05 million. During the same quarter in the previous year, the company posted $0.58 earnings per share. The business's revenue was up 2.1% on a year-over-year basis. Rexford Industrial Realty has set its FY 2026 guidance at 2.350-2.400 EPS. On average, equities analysts anticipate that Rexford Industrial Realty will post 2.38 earnings per share for the current year.

Rexford Industrial Realty Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.435 per share. The ex-dividend date is Tuesday, March 31st. This represents a $1.74 dividend on an annualized basis and a yield of 5.3%. This is a boost from Rexford Industrial Realty's previous quarterly dividend of $0.43. Rexford Industrial Realty's dividend payout ratio (DPR) is presently 204.71%.

Rexford Industrial Realty Company Profile

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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