NYSE:REXR Rexford Industrial Realty (REXR) Stock Price, News & Analysis $49.07 +0.90 (+1.87%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$48.19▼$49.2750-Day Range$43.68▼$49.9952-Week Range$41.56▼$58.02Volume1.10 million shsAverage Volume1.78 million shsMarket Capitalization$10.77 billionP/E Ratio45.02Dividend Yield3.40%Price Target$52.30 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Rexford Industrial Realty alerts: Email Address Rexford Industrial Realty MarketRank™ Stock AnalysisAnalyst RatingHold2.40 Rating ScoreUpside/Downside6.6% Upside$52.30 Price TargetShort InterestHealthy2.42% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-2.10Upright™ Environmental ScoreNews Sentiment0.70Based on 16 Articles This WeekInsider TradingN/AProj. Earnings Growth11.97%From $2.34 to $2.62 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.4.58 out of 5 starsFinance Sector108th out of 898 stocksReal Estate Investment Trusts Industry9th out of 181 stocks 2.2 Analyst's Opinion Consensus RatingRexford Industrial Realty has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 5 buy ratings, 4 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 Shorted2.42% 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 3.4, 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 9.23%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldRexford Industrial Realty pays a meaningful dividend of 3.44%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthRexford Industrial Realty does not have a long track record of dividend growth.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 63.74% 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 3.2 News and Social Media Coverage News SentimentRexford Industrial Realty has a news sentiment score of 0.70. 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 0.50 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 16 news articles for Rexford Industrial Realty this week, compared to 6 articles on an average week.Search InterestOnly 2 people have searched for REXR on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows3 people have added Rexford Industrial Realty to their MarketBeat watchlist in the last 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 11.97% in the coming year, from $2.34 to $2.62 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Rexford Industrial Realty is 45.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.45.Price to Earnings Ratio vs. SectorThe P/E ratio of Rexford Industrial Realty is 45.02, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.14.Price to Earnings Growth RatioRexford Industrial Realty has a PEG Ratio of 2.00. 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 1.30. 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 Behind the MarketsRare signal predicts 50% market drop - before electionThe market is near all-time highs, we're told that unemployment is low, AI's a gift to humanity, and the FED will cut rates any day now. But there's one indicator that's flashing a BIG warning sign to investors.Take these 4 steps to protect your retirement here. 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 HeadlinesJuly 25 at 5:14 AM | americanbankingnews.comRexford Industrial Realty (NYSE:REXR) Lifted to "Hold" at StockNews.comJuly 25 at 1:45 AM | americanbankingnews.comWedbush Comments on Rexford Industrial Realty, Inc.'s FY2024 Earnings (NYSE:REXR)July 26, 2024 | Behind the Markets (Ad)Rare signal predicts 50% market drop - before electionThe market is near all-time highs, we're told that unemployment is low, AI's a gift to humanity, and the FED will cut rates any day now. But there's one indicator that's flashing a BIG warning sign to investors.July 21, 2024 | fool.com2 Supercharged Dividend Stocks to Buy if There's a Stock Market Sell-OffJuly 19, 2024 | finance.yahoo.comRexford Industrial Realty, Inc. (REXR.MX)July 19, 2024 | markets.businessinsider.comAnalysts Offer Insights on Real Estate Companies: Rexford Industrial Realty (REXR) and SL Green Realty (SLG)July 19, 2024 | msn.comRexford Industrial Realty FFO of $0.60 beats by $0.02, revenue of $237.57M beats by $1.49MJuly 19, 2024 | msn.comRexford Industrial Realty bumps up low end of core FFO guide on back of Q2 beatJuly 26, 2024 | Behind the Markets (Ad)Rare signal predicts 50% market drop - before electionThe market is near all-time highs, we're told that unemployment is low, AI's a gift to humanity, and the FED will cut rates any day now. But there's one indicator that's flashing a BIG warning sign to investors.July 19, 2024 | americanbankingnews.comRexford Industrial Realty, Inc. (REXR) to Issue Quarterly Dividend of $0.42 on October 15thJuly 19, 2024 | americanbankingnews.comRexford Industrial Realty (NYSE:REXR) Releases FY 2024 Earnings GuidanceJuly 19, 2024 | americanbankingnews.comRexford Industrial Realty (NYSE:REXR) Announces Earnings ResultsJuly 19, 2024 | gurufocus.comQ2 2024 Rexford Industrial Realty Inc Earnings Call TranscriptJuly 19, 2024 | americanbankingnews.comBrokerages Set Rexford Industrial Realty, Inc. (NYSE:REXR) Target Price at $52.60July 18, 2024 | seekingalpha.comRexford Industrial Q2 Earnings: Southern California Is Still A Winning BetJuly 18, 2024 | seekingalpha.comRexford Industrial Realty, Inc. 2024 Q2 - Results - Earnings Call PresentationJuly 18, 2024 | americanbankingnews.comRexford Industrial Realty (NYSE:REXR) Issues FY24 Earnings GuidanceJuly 17, 2024 | prnewswire.comRexford Industrial Announces Second Quarter 2024 Financial ResultsSee More Headlines Receive REXR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Rexford Industrial Realty and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 7/15 Dividend6/28/2024Dividend Payable7/15/2024Last Earnings7/17/2024Today7/26/2024Next Earnings (Estimated)10/16/2024Fiscal 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$52.30 High Stock Price Target$70.00 Low Stock Price Target$45.00 Potential Upside/Downside+6.6%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$1.09 Trailing P/E Ratio45.02 Forward P/E Ratio20.97 P/E Growth2Net Income$238.02 million Net Margins30.71% Pretax Margin32.21% Return on Equity3.31% Return on Assets2.30% Debt Debt-to-Equity Ratio0.41 Current Ratio1.73 Quick Ratio3.21 Sales & Book Value Annual Sales$797.83 million Price / Sales13.50 Cash Flow$2.19 per share Price / Cash Flow22.45 Book Value$37.63 per share Price / Book1.30Miscellaneous Outstanding Shares219,490,000Free Float215,207,000Market Cap$10.77 billion OptionableOptionable Beta0.92 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report 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 CompetitorsExtra Space StorageNYSE:EXRVICI PropertiesNYSE:VICIAvalonBay CommunitiesNYSE:AVBIron MountainNYSE:IRMEquity ResidentialNYSE:EQRView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 58,167 shares on 7/26/2024Ownership: 0.902%Allspring Global Investments Holdings LLCSold 288,319 shares on 7/26/2024Ownership: 0.616%State of Michigan Retirement SystemBought 600 shares on 7/26/2024Ownership: 0.024%Spirit of America Management Corp NYSold 1,500 shares on 7/25/2024Ownership: 0.008%Raymond James Trust N.A.Bought 7,312 shares on 7/25/2024Ownership: 0.003%View All Insider TransactionsView All Institutional Transactions REXR Stock Analysis - Frequently Asked Questions How have REXR shares performed this year? Rexford Industrial Realty's stock was trading at $56.10 at the beginning of the year. Since then, REXR stock has decreased by 12.5% and is now trading at $49.07. View the best growth stocks for 2024 here. How were Rexford Industrial Realty's earnings last quarter? Rexford Industrial Realty, Inc. (NYSE:REXR) announced its quarterly earnings data on Wednesday, July, 17th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.58 by $0.21. The business's quarterly revenue was up 21.3% on a year-over-year basis. 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. Who are Rexford Industrial Realty's major shareholders? Top institutional investors of Rexford Industrial Realty include PGGM Investments (1.30%), Bank of New York Mellon Corp (0.90%), Allspring Global Investments Holdings LLC (0.62%) and M&G Plc (0.35%). Insiders that own company stock include Howard Schwimmer, Laura E Clark, David E Lanzer 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. What other stocks do shareholders of Rexford Industrial Realty own? Based on aggregate information from My MarketBeat watchlists, some other companies that Rexford Industrial Realty investors own include Phillips 66 (PSX), Verizon Communications (VZ), PepsiCo (PEP), Walt Disney (DIS), Starbucks (SBUX), Bristol-Myers Squibb (BMY) and Biogen (BIIB). 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