About Rexford Industrial Realty
Rexford Industrial Realty, Inc. is a self-administered and self-managed full-service real estate investment trust (REIT). The Company is focused on owning, operating and acquiring industrial properties in Southern California infill markets. The Company's consolidated portfolio consisted of approximately 119 properties with over 12.0 million rentable square feet. The Company also owns interest in a joint venture (the JV) that indirectly owns one property with approximately 0.5 million square feet, which it also manages. The Company manages an additional 19 properties with approximately 1.2 million rentable square feet. The Company's properties are concentrated in various industries, such as wholesale and retail, light manufacturing, industrial equipment and components, warehousing and storage, food and beverage, business services, construction, automotive, paper and printing, pharmaceuticals and healthcare.
Industry, Sector and Symbol:
- Sector: N/A
- Industry: N/A
- Sub-Industry: N/A
- Exchange: NASDAQ
- Symbol: REXR
- Previous Close: $23.28
- 50 Day Moving Average: $23.21
- 200 Day Moving Average: $22.36
- 52-Week Range: $16.50 - $24.39
- Trailing P/E Ratio: 64.67
- Foreward P/E Ratio: 105.00
- P/E Growth: 12.93
- Market Cap: $1.53B
- Outstanding Shares: 65,725,000
What is Rexford Industrial Realty's stock symbol?
Rexford Industrial Realty trades on the NASDAQ under the ticker symbol "REXR."
How often does Rexford Industrial Realty pay dividends? What is the dividend yield for Rexford Industrial Realty?
Rexford Industrial Realty declared a quarterly dividend on Friday, February 17th. Stockholders of record on Friday, March 31st will be given a dividend of $0.135 per share on Monday, April 17th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 2.34%. The ex-dividend date of this dividend is Wednesday, March 29th.
Where is Rexford Industrial Realty's stock going? Where will Rexford Industrial Realty's stock price be in 2017?
4 equities research analysts have issued 1 year target prices for Rexford Industrial Realty's shares. Their predictions range from $22.00 to $27.00. On average, they anticipate Rexford Industrial Realty's share price to reach $23.67 in the next year.
When will Rexford Industrial Realty announce their earnings?
Rexford Industrial Realty is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.
What are analysts saying about Rexford Industrial Realty stock?
Here are some recent quotes from research analysts about Rexford Industrial Realty stock:
According to Zacks Investment Research, "Rexford Industrial Realty, Inc. is a real estate investment trust focused on owning and operating industrial properties in Southern California infill markets. Rexford Industrial Realty, Inc. is based in Los Angeles, California. " (2/1/2017)
National Securities analysts commented, "REXR 3Q16 Earnings Recap. Southern California remains one of the tightest industrial markets in the country, with occupancy rates approaching 100% in several core sub-markets and it’s already highest asking rents in the nation only expected to increase further, the high demand/low supply dynamic that exists is unlike any other in the country. REXR, cognizant of the market dynamics of late has been aggressively growing its portfolio, which at 14.5mln square feet is up 31.7% Y/Y, besting similarly sized competitors. Despite the unique market dynamics present in its geographic region, the sizeable valuation premiums currently ascribed to the shares seem to accurately account for them. Its 24.41x P/FFO is at a 31.3% premium to the 18.58x sector median and its 1.06x P/NAV value is at a 8.39% premium to the 0.97x sector average. Though we are fundamentally positive on the industrial REIT sector as a whole and recognize the unique environment REXR operates in, the shares are already trading at significant premiums to its peers, incorporating the effect of those market dynamics. As such, we are maintaining our Neutral rating and $22.00 price target.
Who owns Rexford Industrial Realty stock?
Rexford Industrial Realty's stock is owned by many different of retail and institutional investors. Top institutional investors include State Street Corp (3.22%), Russell Investments Group Ltd. (1.44%), Dimensional Fund Advisors LP (1.14%), Heitman Real Estate Securities LLC (0.83%), Franklin Resources Inc. (0.59%) and Guggenheim Capital LLC (0.45%). Company insiders that own Rexford Industrial Realty stock include Adeel Khan, Howard Schwimmer and Michael S Frankel.
Who sold Rexford Industrial Realty stock? Who is selling Rexford Industrial Realty stock?
Rexford Industrial Realty's stock was sold by a variety of institutional investors in the last quarter, including Heitman Real Estate Securities LLC, Franklin Resources Inc., Castle Ridge Investment Management LP, Asset Management One Co. Ltd., AQR Capital Management LLC, Guggenheim Capital LLC, Metropolitan Life Insurance Co. NY and Envestnet Asset Management Inc.. Company insiders that have sold Rexford Industrial Realty stock in the last year include Adeel Khan, Howard Schwimmer and Michael S Frankel.
Who bought Rexford Industrial Realty stock? Who is buying Rexford Industrial Realty stock?
Rexford Industrial Realty's stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Renaissance Technologies LLC, Dimensional Fund Advisors LP, Friedberg Investment Management, State Street Corp, Davis Selected Advisers, Dynamic Technology Lab Private Ltd and Credit Agricole S A.
How do I buy Rexford Industrial Realty stock?
Shares of Rexford Industrial Realty can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Rexford Industrial Realty stock cost?
One share of Rexford Industrial Realty stock can currently be purchased for approximately $23.10.