Rexford Industrial Realty (REXR) Expected to Announce Quarterly Earnings on Wednesday

Rexford Industrial Realty (NYSE:REXR - Get Free Report) is anticipated to post its Q2 2025 quarterly earnings results after the market closes on Wednesday, July 16th. Analysts expect Rexford Industrial Realty to post earnings of $0.58 per share and revenue of $251.72 million for the quarter. Rexford Industrial Realty has set its FY 2025 guidance at 2.370-2.410 EPS.

Rexford Industrial Realty (NYSE:REXR - Get Free Report) last posted its quarterly earnings data on Wednesday, April 16th. The real estate investment trust reported $0.62 EPS for the quarter, beating analysts' consensus estimates of $0.57 by $0.05. Rexford Industrial Realty had a net margin of 28.96% and a return on equity of 3.31%. The firm had revenue of $248.82 million for the quarter, compared to the consensus estimate of $246.74 million. On average, analysts expect Rexford Industrial Realty to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Rexford Industrial Realty Stock Up 0.4%

NYSE REXR traded up $0.13 during trading hours on Friday, reaching $37.06. 3,163,566 shares of the company traded hands, compared to its average volume of 2,180,967. Rexford Industrial Realty has a 12 month low of $29.68 and a 12 month high of $52.61. The company has a current ratio of 4.90, a quick ratio of 4.90 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $8.77 billion, a PE ratio of 15.51, a PEG ratio of 3.40 and a beta of 1.13. The company has a 50 day moving average of $35.86 and a two-hundred day moving average of $37.35.

Rexford Industrial Realty Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be paid a dividend of $0.43 per share. The ex-dividend date is Monday, June 30th. This represents a $1.72 dividend on an annualized basis and a yield of 4.64%. Rexford Industrial Realty's dividend payout ratio (DPR) is 138.71%.

Institutional Trading of Rexford Industrial Realty

Large investors have recently modified their holdings of the company. AQR Capital Management LLC increased its holdings in shares of Rexford Industrial Realty by 309.8% in the 1st quarter. AQR Capital Management LLC now owns 118,245 shares of the real estate investment trust's stock worth $4,628,000 after acquiring an additional 89,390 shares during the period. Royal Bank of Canada increased its holdings in shares of Rexford Industrial Realty by 3.5% in the 1st quarter. Royal Bank of Canada now owns 251,550 shares of the real estate investment trust's stock worth $9,849,000 after acquiring an additional 8,506 shares during the period. Finally, Goldman Sachs Group Inc. increased its holdings in shares of Rexford Industrial Realty by 41.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,811,775 shares of the real estate investment trust's stock worth $70,931,000 after acquiring an additional 526,877 shares during the period. Institutional investors and hedge funds own 99.52% of the company's stock.

Analysts Set New Price Targets

REXR has been the topic of a number of research analyst reports. Robert W. Baird set a $43.00 price objective on shares of Rexford Industrial Realty in a research note on Tuesday, May 6th. Truist Financial reduced their price objective on shares of Rexford Industrial Realty from $44.00 to $37.00 and set a "buy" rating on the stock in a research note on Thursday, May 1st. Barclays reduced their price objective on shares of Rexford Industrial Realty from $38.00 to $35.00 and set an "underweight" rating on the stock in a research note on Wednesday, April 30th. Wells Fargo & Company dropped their target price on shares of Rexford Industrial Realty from $45.00 to $39.00 and set an "overweight" rating on the stock in a report on Monday, May 19th. Finally, Scotiabank dropped their target price on shares of Rexford Industrial Realty from $39.00 to $37.00 and set a "sector perform" rating on the stock in a report on Monday, May 12th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $40.00.

Rexford Industrial Realty Company Profile

Rexford Industrial Realty, Inc is a self-administered and self-managed real estate investment trust, which engages in owning and operating industrial properties in infill markets. The company was founded by Richard S. Ziman on January 18, 2013 and is headquartered in Los Angeles, CA.