NYSE:REXR Rexford Industrial Realty (REXR) Stock Price, News & Analysis → Breaking News: Elon Musk Invents New Type of A.I. (Shocking) (From InvestorPlace) (Ad) Free REXR Stock Alerts $46.35 +0.22 (+0.48%) (As of 05/17/2024 ET) Add Compare Share Share Today's Range$45.69▼$46.3950-Day Range$42.24▼$53.1352-Week Range$41.56▼$58.02Volume1.48 million shsAverage Volume1.60 million shsMarket Capitalization$10.10 billionP/E Ratio42.52Dividend Yield3.60%Price Target$53.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Rexford Industrial Realty MarketRank™ Stock AnalysisAnalyst RatingHold2.27 Rating ScoreUpside/Downside14.3% Upside$53.00 Price TargetShort InterestHealthy2.85% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.10Upright™ Environmental ScoreNews Sentiment1.12Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth12.82%From $2.34 to $2.64 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.90 out of 5 starsFinance Sector26th out of 869 stocksReal Estate Investment Trusts Industry5th out of 179 stocks 3.1 Analyst's Opinion Consensus RatingRexford Industrial Realty has received a consensus rating of Hold. The company's average rating score is 2.27, and is based on 4 buy ratings, 6 hold ratings, and 1 sell rating.Amount of Analyst CoverageRexford Industrial Realty has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Rexford Industrial Realty's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.85% of the outstanding shares of Rexford Industrial Realty have been sold short.Short Interest Ratio / Days to CoverRexford Industrial Realty has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Rexford Industrial Realty has recently decreased by 60.75%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipRexford Industrial Realty is a leading dividend payer. It pays a dividend yield of 3.62%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthRexford Industrial Realty has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Rexford Industrial Realty is 153.21%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Rexford Industrial Realty will have a dividend payout ratio of 63.26% next year. This indicates that Rexford Industrial Realty will be able to sustain or increase its dividend.Read more about Rexford Industrial Realty's dividend. Previous Next 2.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreRexford Industrial Realty has received a 20.67% net impact score from Upright. Rexford Industrial Realty seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is driven by its "Industrial and logistics property leasing services" product. See details.Environmental SustainabilityThe Environmental Impact score for Rexford Industrial Realty is -2.10. Previous Next 3.4 News and Social Media Coverage News SentimentRexford Industrial Realty has a news sentiment score of 1.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.69 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Rexford Industrial Realty this week, compared to 5 articles on an average week.Search InterestOnly 4 people have searched for REXR on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat Follows6 people have added Rexford Industrial Realty to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Rexford Industrial Realty insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.20% of the stock of Rexford Industrial Realty is held by insiders.Percentage Held by Institutions99.52% of the stock of Rexford Industrial Realty is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Rexford Industrial Realty's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Rexford Industrial Realty are expected to grow by 12.82% in the coming year, from $2.34 to $2.64 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Rexford Industrial Realty is 42.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.10.Price to Earnings Ratio vs. SectorThe P/E ratio of Rexford Industrial Realty is 42.52, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.96.Price to Earnings Growth RatioRexford Industrial Realty has a PEG Ratio of 2.02. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioRexford Industrial Realty has a P/B Ratio of 1.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Rexford Industrial Realty's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 Media[FREE Ticket] 27 Crypto Experts Reveal Their #1 Picks Are you monitoring 13,217 cryptocurrencies everyday? If not, you could miss the ONE that can make you wealthy beyond your wildest dreams. You see, while Bitcoin and Ethereum steal all the headlines… It’s often the cryptos flying under the radar that turn small stakes into life-changing windfalls. Claim your free seat by clicking here now. About Rexford Industrial Realty Stock (NYSE:REXR)Rexford Industrial creates value by investing in, operating and redeveloping industrial properties throughout infill Southern California, the world's fourth largest industrial market and consistently the highest-demand with lowest-supply major market in the nation. The Company's highly differentiated strategy enables internal and external growth opportunities through its proprietary value creation and asset management capabilities. Rexford Industrial's high-quality, irreplaceable portfolio comprises 371 properties with approximately 45.0 million rentable square feet occupied by a stable and diverse tenant base. Structured as a real estate investment trust (REIT) listed on the New York Stock Exchange under the ticker "REXR," Rexford Industrial is an S&P MidCap 400 Index member.Read More REXR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart REXR Stock News HeadlinesMay 18 at 5:30 AM | americanbankingnews.comRexford Industrial Realty (NYSE:REXR) PT Lowered to $51.00May 11, 2024 | fool.comForget AGNC Investment, Buy This Magnificent Dividend Growth Stock InsteadMay 11, 2024 | fool.com3 REIT Stocks to Buy at a DiscountMay 7, 2024 | seekingalpha.comRexford Industrial: Load Up On This Tremendous Dividend GrowerMay 2, 2024 | markets.businessinsider.comAnalyst Scoreboard: 9 Ratings For Rexford Industrial RealtyApril 27, 2024 | fool.com2 Incredibly Cheap Dividend Stocks to Buy NowApril 27, 2024 | seekingalpha.comHigher For Longer? Focus On The Balance SheetApril 25, 2024 | finance.yahoo.comRexford Industrial Realty (REXR) Fell Due to Multiple ConcernsApril 22, 2024 | finance.yahoo.com3 Industrial REITs At Bargain PricesApril 19, 2024 | finance.yahoo.comRexford Industrial Realty, Inc. (NYSE:REXR) Q1 2024 Earnings Call TranscriptApril 19, 2024 | seekingalpha.comREIT Earnings Preview: Delay And PrayApril 19, 2024 | finance.yahoo.comRexford Industrial Realty Inc (REXR) Q1 2024 Earnings Call Transcript Highlights: Strong ...April 19, 2024 | finance.yahoo.comQ1 2024 Rexford Industrial Realty Inc Earnings CallApril 19, 2024 | finanznachrichten.deRexford Industrial Realty, Inc.: Rexford Industrial Announces First Quarter 2024 Financial ResultsApril 18, 2024 | markets.businessinsider.comAnalysts Offer Insights on Real Estate Companies: SL Green Realty (SLG), Rexford Industrial Realty (REXR) and Crown Castle (CCI)April 18, 2024 | markets.businessinsider.comRexford Industrial Realty: A Balanced View Amidst Growth and Leverage ConcernsApril 18, 2024 | markets.businessinsider.comBuy Rating Affirmed for Rexford Industrial Realty on Strategic Acquisitions and Strong Growth PotentialApril 17, 2024 | investorplace.comREXR Stock Earnings: Rexford Industrial Realty Beats EPS, Misses Revenue for Q1 2024April 17, 2024 | finance.yahoo.comRexford Industrial Realty Inc (REXR) Q1 2024 Earnings: Aligns with EPS Projections, Surpasses ...April 17, 2024 | prnewswire.comRexford Industrial Announces First Quarter 2024 Financial ResultsApril 16, 2024 | markets.businessinsider.comWhat 5 Analyst Ratings Have To Say About Rexford Industrial RealtyApril 11, 2024 | seekingalpha.com3 Strong Buys For The Millionaire Next DoorApril 10, 2024 | fool.com2 Dividend Growth Stocks You Can Buy Right Now Before They Surge Even HigherApril 6, 2024 | seekingalpha.comRexford: Why I'm Betting On The West Coast In Industrial PropertiesApril 3, 2024 | prnewswire.comRexford Industrial Receives Green Lease Leader Platinum RecognitionSee More Headlines Company Calendar Ex-Dividend for 4/15 Dividend3/27/2024Dividend Payable4/15/2024Last Earnings4/18/2024Today5/18/2024Ex-Dividend for 7/15 Dividend6/28/2024Dividend Payable7/15/2024Next Earnings (Estimated)7/17/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryN/A Current SymbolNYSE:REXR Previous SymbolNASDAQ:REXR CUSIPN/A CIK1571283 Webwww.rexfordindustrial.com Phone(310) 966-1680Fax310-966-1690Employees242Year FoundedN/APrice Target and Rating Average Stock Price Target$53.00 High Stock Price Target$70.00 Low Stock Price Target$45.00 Potential Upside/Downside+14.3%Consensus RatingHold Rating Score (0-4)2.27 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$1.09 Trailing P/E Ratio42.52 Forward P/E Ratio19.81 P/E Growth2.02Net Income$238.02 million Net Margins28.84% Pretax Margin30.31% Return on Equity3.04% Return on Assets2.16% Debt Debt-to-Equity Ratio0.41 Current Ratio3.21 Quick Ratio3.21 Sales & Book Value Annual Sales$797.83 million Price / Sales12.65 Cash Flow$2.17 per share Price / Cash Flow21.34 Book Value$37.92 per share Price / Book1.22Miscellaneous Outstanding Shares217,820,000Free Float215,207,000Market Cap$10.10 billion OptionableOptionable Beta0.89 Key ExecutivesMr. Howard Schwimmer (Age 63)Co-CEO & Director Comp: $2.94MMr. Michael S. Frankel (Age 61)Co-CEO & Director Comp: $2.94MMs. Laura Elizabeth Clark (Age 44)Chief Financial Officer Comp: $1.97MMr. David E. Lanzer (Age 51)General Counsel & Secretary Comp: $1.59MMr. Bruce HerbkersmanSenior VP, Development & ConstructionMr. Carlos SerraExecutive Vice President of Development & ConstructionMr. Víctor J. RamírezControllerMs. Cher Riban CPAAssistant ControllerMore ExecutivesKey CompetitorsBoston PropertiesNYSE:BXPAnnaly Capital ManagementNYSE:NLYCubeSmartNYSE:CUBERegency CentersNASDAQ:REGFederal Realty Investment TrustNYSE:FRTView All CompetitorsInsiders & InstitutionsComerica BankSold 2,940 shares on 5/17/2024Ownership: 0.083%Tidal Investments LLCBought 27,410 shares on 5/17/2024Ownership: 0.044%Zimmer Partners LPSold 99,100 shares on 5/17/2024Ownership: 0.040%Walleye Trading LLCBought 22,326 shares on 5/17/2024Ownership: 0.010%Janus Henderson Group PLCSold 1,524 shares on 5/16/2024Ownership: 0.051%View All Insider TransactionsView All Institutional Transactions REXR Stock Analysis - Frequently Asked Questions Should I buy or sell Rexford Industrial Realty stock right now? 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Rexford Industrial Realty in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" REXR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in REXR, but not buy additional shares or sell existing shares. View REXR analyst ratings or view top-rated stocks. What is Rexford Industrial Realty's stock price target for 2024? 11 brokers have issued 12-month price objectives for Rexford Industrial Realty's stock. Their REXR share price targets range from $45.00 to $70.00. On average, they anticipate the company's stock price to reach $53.00 in the next year. This suggests a possible upside of 14.3% from the stock's current price. View analysts price targets for REXR or view top-rated stocks among Wall Street analysts. How have REXR shares performed in 2024? Rexford Industrial Realty's stock was trading at $56.10 at the start of the year. Since then, REXR stock has decreased by 17.4% and is now trading at $46.35. View the best growth stocks for 2024 here. Are investors shorting Rexford Industrial Realty? Rexford Industrial Realty saw a decrease in short interest in April. As of April 30th, there was short interest totaling 6,210,000 shares, a decrease of 60.7% from the April 15th total of 15,820,000 shares. Based on an average daily trading volume, of 2,180,000 shares, the short-interest ratio is currently 2.8 days. View Rexford Industrial Realty's Short Interest. When is Rexford Industrial Realty's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 17th 2024. View our REXR earnings forecast. How were Rexford Industrial Realty's earnings last quarter? Rexford Industrial Realty, Inc. (NYSE:REXR) issued its quarterly earnings results on Thursday, April, 18th. The real estate investment trust reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.57 by $0.30. The real estate investment trust had revenue of $214.10 million for the quarter, compared to the consensus estimate of $207.39 million. Rexford Industrial Realty had a trailing twelve-month return on equity of 3.04% and a net margin of 28.84%. Rexford Industrial Realty's revenue was up 15.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.52 earnings per share. 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 Wednesday, April 17th. Investors of record on Friday, June 28th will be given a dividend of $0.417 per share on Monday, July 15th. This represents a $1.67 annualized dividend and a dividend yield of 3.60%. The ex-dividend date is Friday, June 28th. Read our dividend analysis for REXR. Is Rexford Industrial Realty a good dividend stock? Rexford Industrial Realty (NYSE:REXR) pays an annual dividend of $1.67 per share and currently has a dividend yield of 3.62%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 153.21%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, REXR will have a dividend payout ratio of 63.26% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for REXR. What ETFs hold Rexford Industrial Realty's stock? ETFs with the largest weight of Rexford Industrial Realty (NYSE:REXR) stock in their portfolio include Principal Real Estate Active Opportunities ETF (BYRE), Intelligent Real Estate ETF (PRVT), Invesco Active U.S. Real Estate ETF (PSR), SP Funds S&P Global REIT Sharia ETF (SPRE), Pacer Industrial Real Estate ETF (INDS), WisdomTree New Economy Real Estate Fund (WTRE), SRH REIT Covered Call ETF (SRHR) and IQ CBRE NextGen Real Estate ETF (ROOF). What guidance has Rexford Industrial Realty issued on next quarter's earnings? Rexford Industrial Realty updated its FY 2024 earnings guidance on Wednesday, April, 17th. The company provided earnings per share (EPS) guidance of 2.310-2.340 for the period, compared to the consensus earnings per share estimate of 2.360. The company issued revenue guidance of -. What is Howard Schwimmer & Michael S. Frankel's approval rating as Rexford Industrial Realty's CEO? 20 employees have rated Rexford Industrial Realty Chief Executive Officer Howard Schwimmer & Michael S. Frankel on Glassdoor.com. Howard Schwimmer & Michael S. Frankel has an approval rating of 66% among the company's employees. What other stocks do shareholders of Rexford Industrial Realty own? Based on aggregate information from My MarketBeat watchlists, some companies that other Rexford Industrial Realty investors own include Phillips 66 (PSX), Verizon Communications (VZ), PepsiCo (PEP), Walt Disney (DIS), Starbucks (SBUX), Bristol-Myers Squibb (BMY), Biogen (BIIB), Gilead Sciences (GILD), NVIDIA (NVDA) and Bioverativ (BIVV). Who are Rexford Industrial Realty's major shareholders? Rexford Industrial Realty's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (13.65%), Price T Rowe Associates Inc. MD (9.15%), Capital International Investors (8.99%), Principal Financial Group Inc. (6.26%), Centersquare Investment Management LLC (1.81%) and Canada Pension Plan Investment Board (1.03%). Insiders that own company stock include David E Lanzer, David E Lanzer, Howard Schwimmer, Laura E Clark and Michael S Frankel. View institutional ownership trends. How do I buy shares of Rexford Industrial Realty? Shares of REXR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:REXR) was last updated on 5/18/2024 by MarketBeat.com Staff From Our PartnersDems have chosen Biden replacement?Paradigm PressCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill PublishingThe Overlooked Retirement Asset You Probably Don’t OwnCrypto 101 MediaHe called Apple at $1.49 and now he says: “Buy these 6 AI stocks.”InvestorPlaceI’m afraid WWIII is a very real possibility Porter & CompanyProtect Your Bank Account Before It’s Too LateWeiss RatingsMissed NVDA? Buy this AI stock NOWChaikin AnalyticsBiden Nomination CANCELED?The Freeport Society Adding Choose a watchlist: Watchlist My Default Watchlist Adding Rexford Industrial Realty, Inc. You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Please log in to your account or sign up in order to add this asset to your watchlist. 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