NYSE:REXR Rexford Industrial Realty (REXR) Stock Forecast, Price & News $49.62 +0.18 (+0.36%) (As of 09/28/2023 ET) Add Compare Share Share Today's Range$49.00▼$50.0950-Day Range$49.43▼$56.7752-Week Range$48.74▼$66.71Volume1.11 million shsAverage Volume1.49 million shsMarket Capitalization$10.24 billionP/E Ratio50.12Dividend Yield3.06%Price Target$61.63 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Rexford Industrial Realty MarketRank™ ForecastAnalyst RatingHold2.43 Rating ScoreUpside/Downside24.2% Upside$61.63 Price TargetShort InterestHealthy4.03% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.10Upright™ Environmental ScoreNews Sentiment0.96Based on 7 Articles This WeekInsider TradingSelling Shares$403,697 Sold Last QuarterProj. Earnings Growth14.16%From $2.19 to $2.50 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.63 out of 5 starsFinance Sector153rd out of 874 stocksReal Estate Investment Trusts Industry25th out of 182 stocks 2.2 Analyst's Opinion Consensus RatingRexford Industrial Realty has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 3 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $61.63, Rexford Industrial Realty has a forecasted upside of 24.2% from its current price of $49.62.Amount of Analyst CoverageRexford Industrial Realty has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.03% 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 6.2.Change versus previous monthShort interest in Rexford Industrial Realty has recently decreased by 4.59%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldRexford Industrial Realty pays a meaningful dividend of 2.97%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthRexford Industrial Realty has been increasing its dividend for 7 years.Dividend CoverageThe dividend payout ratio of Rexford Industrial Realty is 153.54%. 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 60.80% next year. This indicates that Rexford Industrial Realty will be able to sustain or increase its 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 3.9 News and Social Media Coverage News SentimentRexford Industrial Realty has a news sentiment score of 0.96. 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 0.68 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Rexford Industrial Realty this week, compared to 4 articles on an average week.Search Interest4 people have searched for REXR on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows2 people have added Rexford Industrial Realty to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Rexford Industrial Realty insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $403,697.00 in company stock.Percentage Held by InsidersOnly 1.10% 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Rexford Industrial Realty are expected to grow by 14.16% in the coming year, from $2.19 to $2.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Rexford Industrial Realty is 50.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.92.Price to Earnings Ratio vs. SectorThe P/E ratio of Rexford Industrial Realty is 50.12, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 80.74.Price to Earnings Growth RatioRexford Industrial Realty has a PEG Ratio of 1.99. 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 1.35. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Rexford Industrial Realty (NYSE:REXR) StockRexford 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 367 properties with approximately 44.5 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart REXR Stock News HeadlinesSeptember 28, 2023 | finance.yahoo.comDecoding Rexford Industrial Realty Inc's Dividend Prospects: A Comprehensive AnalysisSeptember 25, 2023 | markets.businessinsider.comSustainability and Diversity Initiatives Drive ‘Buy’ Rating for Rexford Industrial Realty: An Analysis by Jonathan PetersenSeptember 28, 2023 | Micro-Cap Stock Trader (Ad)U.S. drive to onshore battery supply chains could create big winners in lithiumInvestor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsSeptember 25, 2023 | finance.yahoo.comCould This Little-Known Stock Be the Best Way to Invest in Real Estate's Hottest Subsector?September 20, 2023 | americanbankingnews.comRexford Industrial Realty (NYSE:REXR) Upgraded by Wolfe Research to OutperformSeptember 20, 2023 | americanbankingnews.comRexford Industrial Realty (NYSE:REXR) versus Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUF) Head-To-Head SurveySeptember 20, 2023 | americanbankingnews.comRexford Industrial Realty, Inc. (NYSE:REXR) Given Average Rating of "Hold" by AnalystsSeptember 19, 2023 | msn.comRexford Industrial Realty upgraded to Buy at WolfeSeptember 28, 2023 | Micro-Cap Stock Trader (Ad)Unlock the treasure on Mount Olympus with this little-known mining stock.Investor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsSeptember 19, 2023 | markets.businessinsider.comPositive Report for Rexford Industrial Realty (REXR) from Wolfe ResearchSeptember 19, 2023 | msn.comWolfe Research Upgrades Rexford Industrial Realty (REXR)September 18, 2023 | finance.yahoo.comRexford Industrial Announces Dates for Third Quarter 2023 Earnings Release and Conference CallSeptember 12, 2023 | msn.comScotiabank Initiates Coverage of Rexford Industrial Realty (REXR) with Sector Perform RecommendationSeptember 7, 2023 | finance.yahoo.comRexford (REXR) Acquires Properties Worth $46M, Bolsters GrowthSeptember 7, 2023 | msn.comIf You Invested $10,000 in Rexford Industrial Realty 5 Years Ago, Here's How Much You Would Be Making In Dividends TodaySeptember 6, 2023 | finance.yahoo.comRexford Industrial Announces $46 Million of Investment ActivitySeptember 6, 2023 | msn.comRexford: Premium Value At A DiscountSeptember 5, 2023 | seekingalpha.comRexford Industrial: A Well-Positioned, But Premium Priced, SoCal REITAugust 22, 2023 | investing.comRexford Industrial Realty Inc Pref Series C (REXR_pc)August 12, 2023 | seekingalpha.comRexford Industrial Realty: One Of The Best Industrial REITs On The MarketJuly 26, 2023 | finance.yahoo.comMultiple Reasons for the Decline of Rexford Industrial Realty (REXR) in Q2July 24, 2023 | msn.comRexford Industrial makes $210M investment in an industrial propertyJuly 24, 2023 | finance.yahoo.comRexford Industrial Announces $210 Million InvestmentJuly 21, 2023 | finance.yahoo.comQ2 2023 Rexford Industrial Realty Inc Earnings CallJuly 20, 2023 | seekingalpha.comRexford Industrial Realty, Inc. 2023 Q2 - Results - Earnings Call PresentationJuly 20, 2023 | finanznachrichten.deRexford Industrial Realty, Inc.: Rexford Industrial Announces Second Quarter 2023 Financial ResultsJuly 20, 2023 | markets.businessinsider.comRexford Industrial Realty (REXR) Gets a Hold from CitiSee 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 REXR Company Calendar Ex-Dividend for 7/17 Dividend6/29/2023Dividend Payable7/17/2023Last Earnings7/19/2023Today9/28/2023Ex-Dividend for 10/16 Dividend9/28/2023Dividend Payable10/16/2023Next Earnings (Confirmed)10/18/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:REXR Previous SymbolNASDAQ:REXR CUSIPN/A CIK1571283 Webwww.rexfordindustrial.com Phone(310) 966-1680Fax310-966-1690Employees223Year FoundedN/APrice Target and Rating Average Stock Price Forecast$61.63 High Stock Price Forecast$71.00 Low Stock Price Forecast$52.00 Forecasted Upside/Downside+23.7%Consensus RatingHold Rating Score (0-4)2.43 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$0.99 Trailing P/E Ratio50.30 Forward P/E Ratio22.74 P/E Growth1.99Net Income$167.58 million Net Margins27.23% Pretax Margin28.73% Return on Equity2.82% Return on Assets2.04% Debt Debt-to-Equity Ratio0.30 Current Ratio1.37 Quick Ratio1.37 Sales & Book Value Annual Sales$723.34 million Price / Sales14.21 Cash Flow$1.84 per share Price / Cash Flow27.09 Book Value$36.88 per share Price / Book1.35Miscellaneous Outstanding Shares206,442,000Free Float204,171,000Market Cap$10.28 billion OptionableOptionable Beta0.83 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Howard Schwimmer (Age 62)Co-CEO & Director Comp: $1.98MMr. Michael S. Frankel (Age 60)Co-CEO & Director Comp: $1.98MMs. Laura Elizabeth Clark (Age 43)Chief Financial Officer Comp: $1.74MMr. David E. Lanzer (Age 50)Gen. Counsel & Sec. Comp: $1.44MMr. Bruce HerbkersmanSr. VP, Devel. & ConstructionMr. Carlos SerraExec. VP of Devel. & ConstructionMr. Víctor J. RamírezControllerMs. Cher Riban CPAAssistant ControllerMore ExecutivesKey CompetitorsCamden Property TrustNYSE:CPTRegency CentersNASDAQ:REGHealthpeak PropertiesNYSE:PEAKKimco RealtyNYSE:KIMAnnaly Capital ManagementNYSE:NLYView All CompetitorsInsiders & InstitutionsBarclays PLCBought 85,990 shares on 9/21/2023Ownership: 0.070%Wolverine Trading LLCBought 2,643 shares on 8/23/2023Ownership: 0.006%Virginia Retirement Systems ET ALBought 153,740 shares on 8/22/2023Ownership: 0.074%Teachers Retirement System of The State of KentuckyBought 2,825 shares on 8/21/2023Ownership: 0.032%Osaic Holdings Inc.Sold 1,741 shares on 8/21/2023Ownership: 0.003%View All Insider TransactionsView All Institutional Transactions REXR Stock - Frequently Asked Questions Should I buy or sell Rexford Industrial Realty stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Rexford Industrial Realty in the last twelve months. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities 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 forecast for 2023? 7 analysts have issued 1 year target prices for Rexford Industrial Realty's shares. Their REXR share price forecasts range from $52.00 to $71.00. On average, they expect the company's stock price to reach $61.63 in the next twelve months. This suggests a possible upside of 23.7% 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 the year. Since then, REXR shares have decreased by 8.9% and is now trading at $49.80. View the best growth stocks for 2023 here. When is Rexford Industrial Realty's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 18th 2023. View our REXR earnings forecast. How can I listen to Rexford Industrial Realty's earnings call? Rexford Industrial Realty will be holding an earnings conference call on Thursday, October 19th at 1:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13734483". How were Rexford Industrial Realty's earnings last quarter? Rexford Industrial Realty, Inc. (NYSE:REXR) announced its quarterly earnings data on Wednesday, July, 19th. The real estate investment trust reported $0.26 EPS for the quarter, missing the consensus estimate of $0.54 by $0.28. The real estate investment trust had revenue of $195.80 million for the quarter, compared to analysts' expectations of $196.92 million. Rexford Industrial Realty had a trailing twelve-month return on equity of 2.82% and a net margin of 27.23%. The firm's revenue was up 31.3% on a year-over-year basis. During the same period last year, the firm posted $0.49 earnings per share. 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 Wednesday, July 19th. Investors of record on Friday, September 29th will be given a dividend of $0.38 per share on Monday, October 16th. This represents a $1.52 annualized dividend and a dividend yield of 3.05%. The ex-dividend date is Thursday, September 28th. 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), Janus Henderson U.S. Real Estate ETF (JRE), Private Real Estate Strategy via Liquid REITs ETF (PRVT), Pacer Industrial Real Estate ETF (INDS), SP Funds S&P Global REIT Sharia ETF (SPRE), JPMorgan Realty Income ETF (JPRE), WisdomTree New Economy Real Estate Fund (WTRE) and ALPS Active REIT ETF (REIT). 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 2.97%. 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 153.54%. 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 60.80% 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 issued an update on its FY23 earnings guidance on Wednesday, July, 19th. The company provided earnings per share guidance of $2.13-$2.16 for the period, compared to the consensus estimate of $2.19. 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 variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.32%), Principal Financial Group Inc. (6.56%), State Street Corp (5.27%), Nuveen Asset Management LLC (2.25%), Nuveen Asset Management LLC (2.25%) and Centersquare Investment Management LLC (1.80%). 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 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 $49.80. How much money does Rexford Industrial Realty make? Rexford Industrial Realty (NYSE:REXR) has a market capitalization of $10.28 billion and generates $723.34 million in revenue each year. The real estate investment trust earns $167.58 million in net income (profit) each year or $0.99 on an earnings per share basis. How many employees does Rexford Industrial Realty have? The company employs 223 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 9/28/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Rexford Industrial Realty, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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