NYSE:REX

REX American Resources (REX) Stock Forecast, Price & News

$40.50

+0.92 (+2.32%)

(As of 04:26 PM ET)

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Today's Range: $39.66
▼
$40.73
50-Day Range: $35.81
▼
$41.34
52-Week Range: $26.05
▼
$41.63

Volume: 45,496 shs
Average Volume: 83,625 shs
Market Capitalization: $708.75 million

P/E Ratio: 27.55
Dividend Yield: N/A
Price Target: $50.00

REX American Resources MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 23.5% Upside
$50.00 Price Target
Short Interest: Healthy
0.87% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.84
Based on 2 Articles This Week
Insider Trading: Selling Shares
$84,707 Sold Last Quarter
Proj. Earnings Growth: -14.96%
From $2.54 to $2.16 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.13 out of 5 stars

Oils/Energy Sector

142nd out of 247 stocks

Industrial Organic Chemicals Industry

9th out of 19 stocks

2.5

Analyst's Opinion

Consensus Rating
REX American Resources has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $50.00, REX American Resources has a forecasted upside of 23.5% from its current price of $40.50.
Amount of Analyst Coverage
REX American Resources has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.87% of the outstanding shares of REX American Resources have been sold short.
Short Interest Ratio / Days to Cover
REX American Resources has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in REX American Resources has recently decreased by 7.70%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
REX American Resources does not currently pay a dividend.
Dividend Growth
REX American Resources does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for REX.

2.1

News and Social Media Coverage

News Sentiment
REX American Resources has a news sentiment score of 0.84. 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 news sentiment score is similar to the average news sentiment of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for REX American Resources this week, compared to 2 articles on an average week.
MarketBeat Follows
3 people have added REX American Resources to their MarketBeat watchlist in the last 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, REX American Resources insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $84,707.00 in company stock.
Percentage Held by Insiders
12.20% of the stock of REX American Resources is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
79.55% of the stock of REX American Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for REX American Resources are expected to decrease by -14.96% in the coming year, from $2.54 to $2.16 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of REX American Resources is 27.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.92.
Price to Earnings Ratio vs. Sector
The P/E ratio of REX American Resources is 27.55, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 9.39.
Price to Book Value per Share Ratio
REX American Resources has a P/B Ratio of 1.33. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About REX American Resources (NYSE:REX) Stock

REX American Resources Corporation, together with its subsidiaries, produces and sells ethanol in the United States. The company also offers corn, distillers grains, non-food grade corn oil, gasoline, and natural gas. In addition, it provides dry distillers grains with solubles, which is used as a protein in animal feed. The company was formerly known as REX Stores Corporation and changed its name to REX American Resources Corporation in 2010. REX American Resources Corporation was founded in 1980 and is headquartered in Dayton, Ohio.

REX Price History

30 days | 90 days | 365 days | Advanced Chart

REX Stock News Headlines

September 22, 2023 | americanbankingnews.com

Truist Financial Increases REX American Resources (NYSE:REX) Price Target to $50.00

September 13, 2023 | finance.yahoo.com

Recent Price Trend in REX (REX) is Your Friend, Here's Why

September 27, 2023 | Behind the Markets (Ad)

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August 31, 2023 | finance.yahoo.com

Prominent Dayton-area company reports profit drop

August 30, 2023 | benzinga.com

REX American Resources Exceeds Q2 Revenue Expectations, Falls Short On EPS

August 30, 2023 | msn.com

REX American Resources dips after lower second-quarter earnings misses expectations

August 30, 2023 | finance.yahoo.com

CORRECTING and REPLACING REX American Resources Reports Fiscal 2023 Second Quarter Net Income Per Share Attributable to REX Common Shareholders of $0.52

August 28, 2023 | finance.yahoo.com

REX (REX) Is a Great Choice for 'Trend' Investors, Here's Why

September 27, 2023 | UNKNOWN (Ad)

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August 26, 2023 | msn.com

Truist Securities Maintains REX American Resources (REX) Buy Recommendation

August 25, 2023 | finance.yahoo.com

Is REX American Resources Undervalued? An In-Depth Valuation Analysis

August 24, 2023 | news.yahoo.com

T. rex cousins with shorter arms were thriving right up until the asteroid hit

August 23, 2023 | finance.yahoo.com

REX American Resources to Report Fiscal 2023 Q2 Results and Host a Conference Call and Webcast on Wednesday, August 30

August 10, 2023 | msn.com

Boosting emergency response: Ambulances being added across Jefferson County, paramedics in training

August 5, 2023 | msn.com

City leaders unpack West Long Beach Promise proposal ahead of budget vote

July 29, 2023 | theglobeandmail.com

Closing Bell: Rex Resources Corp flat on Thursday (OWN)

July 24, 2023 | msn.com

13 Lies Movies Taught Us

July 21, 2023 | finance.yahoo.com

REX - REX American Resources Corporation

June 26, 2023 | finance.yahoo.com

Surface Access and Core Storage Facilities Secured for the Sandra Silver-Gold Project in Northwestern Durango State, Mexico

June 9, 2023 | forbes.com

Rex American Resources

June 6, 2023 | seekingalpha.com

REX American Resources Corporation: Phenomenal Balance Sheet Brings Stability

June 4, 2023 | finance.yahoo.com

Can Mixed Fundamentals Have A Negative Impact on REX American Resources Corporation (NYSE:REX) Current Share Price Momentum?

May 26, 2023 | finance.yahoo.com

Q1 2023 REX American Resources Corp Earnings Call

May 25, 2023 | bizjournals.com

Prominent Dayton-area company posts revenue gains

May 25, 2023 | benzinga.com

Rex American Resources shares are trading higher after reporting better-than-expected Q1 financial results.

May 25, 2023 | msn.com

Why REX American Resources Shares Are Gaining Today

May 25, 2023 | seekingalpha.com

REX American Resources GAAP EPS of $0.30 beats by $0.22, revenue of $212.7M beats by $36.7M

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REX Company Calendar

Last Earnings: 8/30/2023
Today: 9/27/2023
Next Earnings (Estimated): 12/07/2023
Fiscal Year End: 1/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Industrial organic chemicals
Sub-Industry: Oil & Gas Refining & Marketing
Sector: Oils/Energy
Current Symbol: NYSE:REX
CUSIP: 76162410
CIK: 744187
Web: www.rexamerican.com
Phone: (937) 276-3931
Fax: 937-276-8643
Employees: 122
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $50.00
High Stock Price Forecast: $50.00
Low Stock Price Forecast: $50.00
Forecasted Upside/Downside: +23.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.47
Trailing P/E Ratio: 27.55
Forward P/E Ratio: 15.94
P/E Growth: N/A
Net Income: $27.70 million
Net Margins: 3.03%
Pretax Margin: 5.23%
Return on Equity: 4.97%
Return on Assets: 4.43%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 8.16
Quick Ratio: 7.19

Sales & Book Value

Annual Sales: $855 million
Price / Sales: 0.83
Cash Flow: $2.98 per share
Price / Cash Flow: 13.59
Book Value: $30.48 per share
Price / Book: 1.33

Miscellaneous

Outstanding Shares: 17,500,000
Free Float: 15,369,000
Market Cap: $708.75 million
Optionable: Not Optionable
Beta: 0.92

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Key Executives

Mr. Stuart A. Rose (Age 68)
Exec. Chairman & Head of Corp. Devel.
Comp: $1.01M

Mr. Zafar A. Rizvi (Age 73)
CEO, Pres & Director
Comp: $1.68M

Mr. Douglas L. Bruggeman (Age 62)
VP of Fin., CFO & Treasurer
Comp: $1M

Mr. Edward M. Kress (Age 73)
Sec. & Director

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

REX Stock - Frequently Asked Questions

Should I buy or sell REX American Resources stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for REX American Resources in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" REX shares.
View REX analyst ratings or view top-rated stocks.
What is REX American Resources' stock price forecast for 2023?: 1 brokerages have issued 12 month price objectives for REX American Resources' shares. Their REX share price forecasts range from $50.00 to $50.00. On average, they anticipate the company's share price to reach $50.00 in the next twelve months. This suggests a possible upside of 23.5% from the stock's current price.
View analysts price targets for REX or view top-rated stocks among Wall Street analysts.
How have REX shares performed in 2023?: REX American Resources' stock was trading at $31.86 at the beginning of 2023. Since then, REX shares have increased by 27.1% and is now trading at $40.50.
View the best growth stocks for 2023 here.
When is REX American Resources' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, December 7th 2023.
View our REX earnings forecast.
How were REX American Resources' earnings last quarter?: REX American Resources Co. (NYSE:REX) issued its quarterly earnings results on Wednesday, August, 30th. The energy company reported $0.52 earnings per share for the quarter, missing the consensus estimate of $0.87 by $0.35. The energy company had revenue of $211.98 million for the quarter, compared to the consensus estimate of $186 million. REX American Resources had a net margin of 3.03% and a trailing twelve-month return on equity of 4.97%. During the same quarter in the previous year, the firm posted $0.63 earnings per share.
What ETFs hold REX American Resources' stock?: ETFs with the largest weight of REX American Resources (NYSE:REX) stock in their portfolio include Invesco S&P SmallCap 600 Pure Growth ETF (RZG), ETC 6 Meridian Small Cap Equity ETF (SIXS), Invesco S&P SmallCap Energy ETF (PSCE), ALPS Clean Energy ETF (ACES) and VanEck Green Infrastructure ETF (RNEW).
When did REX American Resources' stock split?: REX American Resources's stock split on Monday, August 1st 2022. The 3-1 split was announced on Monday, August 1st 2022. The newly issued shares were payable to shareholders after the market closes on Monday, August 1st 2022. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.
What is Stuart A. Rose's approval rating as REX American Resources' CEO?: 3 employees have rated REX American Resources Chief Executive Officer Stuart A. Rose on Glassdoor.com. Stuart A. Rose has an approval rating of 70% among the company's employees.

What other stocks do shareholders of REX American Resources own?: Based on aggregate information from My MarketBeat watchlists, some companies that other REX American Resources investors own include Endologix (ELGX), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Charles Schwab (SCHW), Insperity (NSP), Bank of the Ozarks (OZRK), Fiat Chrysler Automobiles (FCAU), BJ's Restaurants (BJRI) and Occidental Petroleum (OXY).
What is REX American Resources' stock symbol?: REX American Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "REX."
Who are REX American Resources' major shareholders?: REX American Resources' stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (18.72%), Dimensional Fund Advisors LP (8.25%), Renaissance Technologies LLC (5.13%), State Street Corp (3.80%), Brown Advisory Inc. (3.75%) and Geode Capital Management LLC (1.72%). Insiders that own company stock include Douglas Bruggeman, Mervyn L Alphonso, Stuart A Rose and Stuart A Rose.
View institutional ownership trends.
How do I buy shares of REX American Resources?: Shares of REX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is REX American Resources' stock price today?: One share of REX stock can currently be purchased for approximately $40.50.
How much money does REX American Resources make?: REX American Resources (NYSE:REX) has a market capitalization of $708.75 million and generates $855 million in revenue each year. The energy company earns $27.70 million in net income (profit) each year or $1.47 on an earnings per share basis.
How many employees does REX American Resources have?: The company employs 122 workers across the globe.
How can I contact REX American Resources?: REX American Resources' mailing address is 7720 PARAGON ROAD, DAYTON OH, 45459. The official website for the company is www.rexamerican.com. The energy company can be reached via phone at (937) 276-3931, via email at investors@rexamerican.com, or via fax at 937-276-8643.

This page (NYSE:REX) was last updated on 9/27/2023 by MarketBeat.com Staff

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