What is Wedbush's Forecast for REXR Q2 Earnings?

Rexford Industrial Realty, Inc. (NYSE:REXR - Free Report) - Equities research analysts at Wedbush issued their Q2 2025 earnings per share estimates for shares of Rexford Industrial Realty in a research report issued to clients and investors on Thursday, April 24th. Wedbush analyst R. Anderson forecasts that the real estate investment trust will earn $0.58 per share for the quarter. The consensus estimate for Rexford Industrial Realty's current full-year earnings is $2.38 per share. Wedbush also issued estimates for Rexford Industrial Realty's Q3 2025 earnings at $0.59 EPS and Q4 2025 earnings at $0.60 EPS.

Rexford Industrial Realty (NYSE:REXR - Get Free Report) last posted its quarterly earnings results on Wednesday, April 16th. The real estate investment trust reported $0.62 EPS for the quarter, topping analysts' consensus estimates of $0.57 by $0.05. Rexford Industrial Realty had a return on equity of 3.26% and a net margin of 29.10%. The business had revenue of $248.82 million during the quarter, compared to analysts' expectations of $246.74 million.

Other equities research analysts also recently issued reports about the stock. Industrial Alliance Securities set a $38.00 price objective on shares of Rexford Industrial Realty in a research report on Tuesday, March 25th. Robert W. Baird dropped their target price on Rexford Industrial Realty from $48.00 to $47.00 and set a "neutral" rating for the company in a research report on Tuesday, March 4th. Barclays lowered their price objective on Rexford Industrial Realty from $38.00 to $35.00 and set an "underweight" rating for the company in a research report on Wednesday. Scotiabank decreased their target price on Rexford Industrial Realty from $47.00 to $39.00 and set a "sector perform" rating for the company in a research note on Monday, April 7th. Finally, Truist Financial cut their target price on Rexford Industrial Realty from $44.00 to $37.00 and set a "buy" rating on the stock in a research report on Thursday. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $42.55.

Rexford Industrial Realty Stock Performance

REXR stock traded up $0.17 during mid-day trading on Monday, hitting $33.27. 580,085 shares of the company were exchanged, compared to its average volume of 1,903,721. The business has a 50 day simple moving average of $36.98 and a 200-day simple moving average of $39.76. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.39. The stock has a market capitalization of $7.87 billion, a PE ratio of 27.48, a price-to-earnings-growth ratio of 2.62 and a beta of 0.99. Rexford Industrial Realty has a 1-year low of $29.68 and a 1-year high of $52.61.

Institutional Trading of Rexford Industrial Realty

A number of institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in shares of Rexford Industrial Realty by 1.9% during the fourth quarter. Vanguard Group Inc. now owns 29,931,981 shares of the real estate investment trust's stock worth $1,157,170,000 after purchasing an additional 562,710 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Rexford Industrial Realty by 26.9% in the third quarter. JPMorgan Chase & Co. now owns 4,503,571 shares of the real estate investment trust's stock valued at $226,575,000 after acquiring an additional 954,202 shares during the last quarter. Centersquare Investment Management LLC boosted its holdings in Rexford Industrial Realty by 32.3% in the fourth quarter. Centersquare Investment Management LLC now owns 4,492,166 shares of the real estate investment trust's stock valued at $173,667,000 after acquiring an additional 1,097,349 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Rexford Industrial Realty by 1.7% in the fourth quarter. Geode Capital Management LLC now owns 4,144,754 shares of the real estate investment trust's stock valued at $160,282,000 after acquiring an additional 70,710 shares during the last quarter. Finally, Rush Island Management LP acquired a new position in Rexford Industrial Realty in the fourth quarter valued at $132,701,000. Hedge funds and other institutional investors own 99.52% of the company's stock.

Rexford Industrial Realty Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be issued a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 5.17%. The ex-dividend date of this dividend is Monday, June 30th. Rexford Industrial Realty's payout ratio is 138.71%.

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.