Rexford Industrial Realty (NYSE:REXR) General Counsel Sells $1,181,115.53 in Stock

Key Points

• General Counsel David Lanzer sold 33,299 shares on April 28 at an average price of $35.47 for a total of $1,181,115.53, a transaction that reduced his ownership by 50% to 33,299 shares, per the SEC filing.
• Rexford announced a quarterly dividend of $0.435 (annualized $1.74) representing a 4.9% yield
• The REIT posted Q results that beat EPS expectations ($0.38 vs. $0.27) despite a 2.9% YoY revenue decline, issued FY2026 EPS guidance of 2.370–2.42, and carries a consensus analyst rating of Hold with a $41.92 target.

Rexford Industrial Realty, Inc. (NYSE:REXR - Get Free Report) General Counsel David Lanzer sold 33,299 shares of the firm's stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $35.47, for a total value of $1,181,115.53. Following the completion of the sale, the general counsel owned 33,299 shares in the company, valued at $1,181,115.53. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Rexford Industrial Realty Stock Performance

REXR stock traded down $0.12 during mid-day trading on Tuesday, reaching $35.87. The company had a trading volume of 2,280,634 shares, compared to its average volume of 2,485,156. The company has a quick ratio of 2.51, a current ratio of 1.50 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $8.05 billion, a P/E ratio of 38.57, a P/E/G ratio of 2.62 and a beta of 1.26. Rexford Industrial Realty, Inc. has a one year low of $32.14 and a one year high of $44.38. The stock's 50-day simple moving average is $35.31 and its two-hundred day simple moving average is $38.71.

Rexford Industrial Realty (NYSE:REXR - Get Free Report) last posted its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.38 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.27 by $0.11. Rexford Industrial Realty had a return on equity of 2.64% and a net margin of 23.25%.The company had revenue of $242.14 million for the quarter, compared to analysts' expectations of $243.79 million. During the same period last year, the business posted $0.62 earnings per share. The firm's quarterly revenue was down 2.9% compared to the same quarter last year. Rexford Industrial Realty has set its FY 2026 guidance at 2.370-2.42 EPS. Research analysts anticipate that Rexford Industrial Realty, Inc. will post 2.39 EPS for the current year.

Rexford Industrial Realty Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be given a $0.435 dividend. This represents a $1.74 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date is Tuesday, June 30th. Rexford Industrial Realty's dividend payout ratio is currently 187.10%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on REXR. Barclays reiterated an "underweight" rating on shares of Rexford Industrial Realty in a research report on Tuesday, January 13th. Scotiabank decreased their target price on shares of Rexford Industrial Realty from $44.00 to $39.00 and set a "sector perform" rating for the company in a research report on Monday, March 2nd. iA Financial set a $45.00 price target on shares of Rexford Industrial Realty in a research report on Friday, February 6th. Zacks Research cut shares of Rexford Industrial Realty from a "hold" rating to a "strong sell" rating in a research report on Wednesday, February 4th. Finally, Evercore upgraded shares of Rexford Industrial Realty from an "in-line" rating to an "outperform" rating and set a $40.00 price target on the stock in a research report on Monday, April 13th. Four analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $41.92.

Institutional Investors Weigh In On Rexford Industrial Realty

Hedge funds and other institutional investors have recently bought and sold shares of the business. V Square Quantitative Management LLC bought a new stake in Rexford Industrial Realty in the fourth quarter worth about $31,000. Vision Financial Markets LLC bought a new stake in Rexford Industrial Realty in the third quarter worth about $33,000. Wiser Advisor Group LLC bought a new stake in Rexford Industrial Realty in the third quarter worth about $34,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new position in Rexford Industrial Realty in the 4th quarter worth about $34,000. Finally, Allworth Financial LP raised its holdings in Rexford Industrial Realty by 140.3% during the 3rd quarter. Allworth Financial LP now owns 983 shares of the real estate investment trust's stock worth $40,000 after buying an additional 574 shares during the period. 99.52% of the stock is currently owned by institutional investors.

About Rexford Industrial Realty

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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