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S&P 500   4,282.37
DOW   33,762.76
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MarketBeat Week in Review – 5/29 - 6/2
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Oil tanker breaks down in Egypt's Suez Canal, disrupting traffic in the global waterway
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Oil tanker breaks down in Egypt's Suez Canal, disrupting traffic in the global waterway
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Oil tanker breaks down in Egypt's Suez Canal, disrupting traffic in the global waterway
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
NYSE:REXR

Rexford Industrial Realty (REXR) Stock Forecast, Price & News

$54.31
+0.98 (+1.84%)
(As of 06/2/2023 ET)
Compare
Today's Range
$53.68
$54.63
50-Day Range
$53.20
$59.65
52-Week Range
$48.74
$68.68
Volume
2.22 million shs
Average Volume
1.72 million shs
Market Capitalization
$10.91 billion
P/E Ratio
57.17
Dividend Yield
2.80%
Price Target
$69.33

Rexford Industrial Realty MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
27.7% Upside
$69.33 Price Target
Short Interest
Bearish
6.86% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.10
Upright™ Environmental Score
News Sentiment
0.68mentions of Rexford Industrial Realty in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$2.96 M Sold Last Quarter
Proj. Earnings Growth
15.07%
From $2.19 to $2.52 Per Share

Overall MarketRank

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

2.72 out of 5 stars

Finance Sector

220th out of 873 stocks

Real Estate Investment Trusts Industry

30th out of 191 stocks


REXR stock logo

About Rexford Industrial Realty (NYSE:REXR) Stock

Rexford Industrial Realty, Inc. is a self-administered and self-managed real estate investment trust. It engages in owning and operating industrial properties in infill markets. The company was founded by Richard S. Ziman on January 18, 2013 and is headquartered in Los Angeles, CA.

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REXR Stock News Headlines

We Called (ARWR) In Advance, Which Stocks Are Next?
Nearly 56% gains in 30 days! This bullish trend reversal was not only forecasted by A.I., but we called it 1 – 3 days in advance. If you have any money invested in the markets…even just your retirement, you’ll want to see this. Plus, it’s FREE - the training is only an hour & LIVE.
We Called (ARWR) In Advance, Which Stocks Are Next?
Nearly 56% gains in 30 days! This bullish trend reversal was not only forecasted by A.I., but we called it 1 – 3 days in advance. If you have any money invested in the markets…even just your retirement, you’ll want to see this. Plus, it’s FREE - the training is only an hour & LIVE.
Q1 2023 Rexford Industrial Realty Inc Earnings Call
Rexford Industrial: Focus Is A Double Edged Sword
Rexford Industrial Announces Quarterly Dividend
See More Headlines

REXR Price History

REXR Company Calendar

Last Earnings
7/20/2022
Ex-Dividend for 4/17 Dividend
3/30/2023
Dividend Payable
4/17/2023
Today
6/03/2023
Ex-Dividend for 7/17 Dividend
6/29/2023
Dividend Payable
7/17/2023
Next Earnings (Estimated)
7/19/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Previous Symbol
NASDAQ:REXR
Employees
186
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$69.33
High Stock Price Forecast
$77.00
Low Stock Price Forecast
$63.00
Forecasted Upside/Downside
+27.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$167.58 million
Pretax Margin
28.35%

Debt

Sales & Book Value

Annual Sales
$631.20 million
Cash Flow
$1.87 per share
Book Value
$36.84 per share

Miscellaneous

Free Float
198,707,000
Market Cap
$10.91 billion
Optionable
Optionable
Beta
0.84

Key Executives

  • Michael S. FrankelMichael S. Frankel
    Co-Chief Executive Officer & Director
  • Howard SchwimmerHoward Schwimmer
    Co-Chief Executive Officer & Director
  • Laura E. Clark
    Chief Financial Officer
  • Patrick Schlehuber
    Chief Investment Officer
  • Aric Chang
    Senior VP-Investor Relations & Capital Markets













REXR Stock - Frequently Asked Questions

Should I buy or sell Rexford Industrial Realty stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rexford Industrial Realty in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" REXR shares.
View REXR analyst ratings
or view top-rated stocks.

What is Rexford Industrial Realty's stock price forecast for 2023?

4 Wall Street research analysts have issued twelve-month price objectives for Rexford Industrial Realty's stock. Their REXR share price forecasts range from $63.00 to $77.00. On average, they expect the company's stock price to reach $69.33 in the next twelve months. This suggests a possible upside of 27.7% 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 2023?

Rexford Industrial Realty's stock was trading at $54.64 at the beginning of 2023. Since then, REXR stock has decreased by 0.6% and is now trading at $54.31.
View the best growth stocks for 2023 here
.

Are investors shorting Rexford Industrial Realty?

Rexford Industrial Realty saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 13,780,000 shares, an increase of 332.0% from the April 30th total of 3,190,000 shares. Based on an average daily volume of 1,550,000 shares, the short-interest ratio is presently 8.9 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 19th 2023.
View our REXR earnings forecast
.

How were Rexford Industrial Realty's earnings last quarter?

Rexford Industrial Realty, Inc. (NYSE:REXR) posted its quarterly earnings data on Wednesday, July, 20th. The real estate investment trust reported $0.22 EPS for the quarter, missing the consensus estimate of $0.24 by $0.02. The real estate investment trust had revenue of $149.12 million for the quarter, compared to the consensus estimate of $149.21 million. Rexford Industrial Realty had a net margin of 26.80% and a trailing twelve-month return on equity of 2.76%. Rexford Industrial Realty's revenue was up 42.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.39 EPS.

How often does Rexford Industrial Realty pay dividends? What is the dividend yield for Rexford Industrial Realty?

Rexford Industrial Realty announced a quarterly dividend on Friday, April 14th. Stockholders of record on Friday, June 30th will be given a dividend of $0.38 per share on Monday, July 17th. This represents a $1.52 annualized dividend and a dividend yield of 2.80%. The ex-dividend date is Thursday, June 29th.
Read our dividend analysis for REXR
.

Is Rexford Industrial Realty a good dividend stock?

Rexford Industrial Realty (NYSE:REXR) pays an annual dividend of $1.52 per share and currently has a dividend yield of 2.85%. The company has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 160.00%. 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 60.32% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for REXR.

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

Rexford Industrial Realty updated its FY 2023 earnings guidance on Wednesday, April, 19th. The company provided EPS guidance of $2.11-$2.15 for the period, compared to the consensus EPS estimate of $2.18. 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).

What is Rexford Industrial Realty's stock symbol?

Rexford Industrial Realty trades on the New York Stock Exchange (NYSE) under the ticker symbol "REXR."

Who are Rexford Industrial Realty's major shareholders?

Rexford Industrial Realty's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.13%), Principal Financial Group Inc. (6.64%), Price T Rowe Associates Inc. MD (5.49%), State Street Corp (5.24%), Wellington Management Group LLP (2.61%) and Daiwa Securities Group Inc. (1.64%). Insiders that own company stock include David E Lanzer, David E Lanzer, Howard Schwimmer, Michael S Frankel 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Rexford Industrial Realty's stock price today?

One share of REXR stock can currently be purchased for approximately $54.31.

How much money does Rexford Industrial Realty make?

Rexford Industrial Realty (NYSE:REXR) has a market capitalization of $10.91 billion and generates $631.20 million in revenue each year. The real estate investment trust earns $167.58 million in net income (profit) each year or $0.95 on an earnings per share basis.

How many employees does Rexford Industrial Realty have?

The company employs 186 workers across the globe.

How can I contact Rexford Industrial Realty?

Rexford Industrial Realty's mailing address is 11620 WILSHIRE BOULEVARD SUITE 1000, LOS ANGELES CA, 90025. The official website for the company is www.rexfordindustrial.com. The real estate investment trust can be reached via phone at (310) 966-1680, via email at investorrelations@rexfordindustrial.com, or via fax at 310-966-1690.

This page (NYSE:REXR) was last updated on 6/4/2023 by MarketBeat.com Staff

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