NYSE:REXR - Rexford Industrial Realty Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$32.03 +0.23 (+0.72 %)
(As of 01/18/2019 04:00 PM ET)
Previous Close$32.03
Today's Range$31.57 - $32.12
52-Week Range$26.32 - $33.54
Volume644,278 shs
Average Volume556,976 shs
Market Capitalization$2.95 billion
P/E Ratio33.36
Dividend Yield2.01%
Beta0.75
Rexford Industrial is a real estate investment trust focused on owning and operating industrial properties in Southern California infill markets. The Company owns 168 properties with approximately 20.6 million rentable square feet and manages an additional 20 properties with approximately 1.2 million rentable square feet.

Receive REXR News and Ratings via Email

Sign-up to receive the latest news and ratings for REXR and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Previous SymbolNASDAQ:REXR
CUSIPN/A
Phone310-966-1680

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$161.35 million
Cash Flow$1.3486 per share
Book Value$15.48 per share

Profitability

Net Income$40.71 million

Miscellaneous

Employees98
Market Cap$2.95 billion
OptionableOptionable

Rexford Industrial Realty (NYSE:REXR) Frequently Asked Questions

What is Rexford Industrial Realty's stock symbol?

Rexford Industrial Realty trades on the New York Stock Exchange (NYSE) 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 Wednesday, October 31st. Shareholders of record on Monday, December 31st will be given a dividend of $0.16 per share on Tuesday, January 15th. This represents a $0.64 annualized dividend and a yield of 2.00%. The ex-dividend date is Friday, December 28th. View Rexford Industrial Realty's Dividend History.

How were Rexford Industrial Realty's earnings last quarter?

Rexford Industrial Realty Inc (NYSE:REXR) issued its quarterly earnings data on Tuesday, October, 30th. The real estate investment trust reported $0.07 earnings per share for the quarter, topping analysts' consensus estimates of $0.03 by $0.04. The real estate investment trust earned $54.47 million during the quarter, compared to analyst estimates of $55.09 million. Rexford Industrial Realty had a return on equity of 3.18% and a net margin of 22.47%. Rexford Industrial Realty's revenue was up 26.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.25 EPS. View Rexford Industrial Realty's Earnings History.

When is Rexford Industrial Realty's next earnings date?

Rexford Industrial Realty is scheduled to release their next quarterly earnings announcement on Tuesday, February 12th 2019. View Earnings Estimates for Rexford Industrial Realty.

What guidance has Rexford Industrial Realty issued on next quarter's earnings?

Rexford Industrial Realty issued an update on its FY18 earnings guidance on Tuesday, October, 30th. The company provided earnings per share guidance of $1.08-1.10 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.09.

What price target have analysts set for REXR?

6 Wall Street analysts have issued 1-year price targets for Rexford Industrial Realty's shares. Their predictions range from $30.00 to $35.00. On average, they expect Rexford Industrial Realty's share price to reach $33.25 in the next twelve months. This suggests a possible upside of 3.8% from the stock's current price. View Analyst Price Targets for Rexford Industrial Realty.

What is the consensus analysts' recommendation for Rexford Industrial Realty?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rexford Industrial Realty in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Rexford Industrial Realty.

Has Rexford Industrial Realty been receiving favorable news coverage?

Media headlines about REXR stock have trended somewhat positive recently, according to InfoTrie Sentiment. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Rexford Industrial Realty earned a coverage optimism score of 0.9 on InfoTrie's scale. They also assigned media stories about the real estate investment trust a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an impact on the stock's share price in the next few days.

Are investors shorting Rexford Industrial Realty?

Rexford Industrial Realty saw a drop in short interest during the month of December. As of December 14th, there was short interest totalling 878,588 shares, a drop of 43.7% from the November 30th total of 1,560,685 shares. Based on an average trading volume of 845,225 shares, the days-to-cover ratio is presently 1.0 days. Currently, 1.0% of the company's stock are short sold. View Rexford Industrial Realty's Current Options Chain.

Who are some of Rexford Industrial Realty's key competitors?

Who are Rexford Industrial Realty's key executives?

Rexford Industrial Realty's management team includes the folowing people:
  • Mr. Howard Schwimmer, Co-CEO & Director (Age 58)
  • Mr. Michael S. Frankel, Co-CEO & Director (Age 56)
  • Mr. Adeel Khan, Chief Financial officer (Age 45)
  • Mr. David E. Lanzer, Gen. Counsel & Sec. (Age 46)
  • Mr. Stephen Swett, Investor Relations, ICR, Inc.

Who are Rexford Industrial Realty's major shareholders?

Rexford Industrial Realty's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Timbercreek Investment Management Inc. (0.26%) and State of Alaska Department of Revenue (0.03%). Company insiders that own Rexford Industrial Realty stock include Adeel Khan and Richard S Ziman. View Institutional Ownership Trends for Rexford Industrial Realty.

Which institutional investors are buying Rexford Industrial Realty stock?

REXR stock was acquired by a variety of institutional investors in the last quarter, including Timbercreek Investment Management Inc. and State of Alaska Department of Revenue. View Insider Buying and Selling for Rexford Industrial Realty.

How do I buy shares of Rexford Industrial Realty?

Shares of REXR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Rexford Industrial Realty's stock price today?

One share of REXR stock can currently be purchased for approximately $32.03.

How big of a company is Rexford Industrial Realty?

Rexford Industrial Realty has a market capitalization of $2.95 billion and generates $161.35 million in revenue each year. The real estate investment trust earns $40.71 million in net income (profit) each year or $0.96 on an earnings per share basis. Rexford Industrial Realty employs 98 workers across the globe.

What is Rexford Industrial Realty's official website?

The official website for Rexford Industrial Realty is http://www.rexfordindustrial.com.

How can I contact Rexford Industrial Realty?

Rexford Industrial Realty's mailing address is 11620 WILSHIRE BOULEVARD SUITE 1000, LOS ANGELES CA, 90025. The real estate investment trust can be reached via phone at 310-966-1680 or via email at [email protected]


MarketBeat Community Rating for Rexford Industrial Realty (NYSE REXR)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  203 (Vote Outperform)
Underperform Votes:  169 (Vote Underperform)
Total Votes:  372
MarketBeat's community ratings are surveys of what our community members think about Rexford Industrial Realty and other stocks. Vote "Outperform" if you believe REXR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe REXR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/19/2019 by MarketBeat.com Staff

Featured Article: Swap

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel