NYSE:REXR Rexford Industrial Realty (REXR) Stock Forecast, Price & News $54.31 +0.98 (+1.84%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$53.68▼$54.6350-Day Range$53.20▼$59.6552-Week Range$48.74▼$68.68Volume2.22 million shsAverage Volume1.72 million shsMarket Capitalization$10.91 billionP/E Ratio57.17Dividend Yield2.80%Price Target$69.33 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Rexford Industrial Realty MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside27.7% Upside$69.33 Price TargetShort InterestBearish6.86% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.10Upright™ Environmental ScoreNews Sentiment0.68Based on 6 Articles This WeekInsider TradingSelling Shares$2.96 M Sold Last QuarterProj. Earnings Growth15.07%From $2.19 to $2.52 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.2.72 out of 5 starsFinance Sector220th out of 873 stocksReal Estate Investment Trusts Industry30th out of 191 stocks 3.4 Analyst's Opinion Consensus RatingRexford Industrial Realty has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $69.33, Rexford Industrial Realty has a forecasted upside of 27.7% from its current price of $54.31.Amount of Analyst CoverageRexford Industrial Realty has received no research coverage in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted6.86% 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 8.9.Change versus previous monthShort interest in Rexford Industrial Realty has recently increased by 331.97%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldRexford Industrial Realty pays a meaningful dividend of 2.79%, 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 160.00%. 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 60.32% 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 2.0 News and Social Media Coverage News SentimentRexford Industrial Realty has a news sentiment score of 0.68. 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 Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Rexford Industrial Realty this week, compared to 3 articles on an average week.MarketBeat FollowsOnly 2 people have added Rexford Industrial Realty to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% 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 $2,961,958.00 in company stock.Percentage Held by InsidersOnly 1.10% of the stock of Rexford Industrial Realty is held by insiders.Percentage Held by Institutions98.77% 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 3.1 Earnings and Valuation Earnings GrowthEarnings for Rexford Industrial Realty are expected to grow by 15.07% in the coming year, from $2.19 to $2.52 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Rexford Industrial Realty is 57.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.98.Price to Earnings Ratio vs. SectorThe P/E ratio of Rexford Industrial Realty is 57.17, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 163.98.Price to Earnings Growth RatioRexford Industrial Realty has a PEG Ratio of 2.30. 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 1.47. 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 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.Read More 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 Stock News HeadlinesMay 31, 2023 | fool.comRexford Industrial Realty (NYSE: REXR)May 29, 2023 | americanbankingnews.comStockNews.com Downgrades Rexford Industrial Realty (NYSE:REXR) to SellJune 4, 2023 | Vantage Point (Ad)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. May 21, 2023 | americanbankingnews.comRexford Industrial Realty (NYSE:REXR) Raised to Hold at StockNews.comMay 20, 2023 | finance.yahoo.comThis Emerging Megatrend Will Be a Huge Boon for These Dividend StocksMay 20, 2023 | americanbankingnews.comHead to Head Comparison: Rexford Industrial Realty (NYSE:REXR) versus Selectis Health (OTCMKTS:GBCS)May 18, 2023 | finance.yahoo.comRexford Industrial Releases Environmental, Social and Governance Impact (ESGi) ReportMay 17, 2023 | seekingalpha.comREXR.PC Rexford Industrial Realty, Inc. 5.625 CUM PFD CJune 4, 2023 | Vantage Point (Ad)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. May 14, 2023 | americanbankingnews.comStockNews.com Lowers Rexford Industrial Realty (NYSE:REXR) to SellMay 12, 2023 | finance.yahoo.comWall Street Analysts Think Rexford Industrial (REXR) Could Surge 27%: Read This Before Placing a BetMay 11, 2023 | seekingalpha.comRexford Industrial Realty prices 13.5M share offeringMay 10, 2023 | finance.yahoo.comRexford Industrial Announces Pricing of Public Offering of 13,500,000 Shares of Common StockMay 10, 2023 | finance.yahoo.comRexford Industrial Announces Public Offering of 13,500,000 Shares of Common StockMay 5, 2023 | americanbankingnews.comRexford Industrial Realty, Inc. (NYSE:REXR) CEO Howard Schwimmer Sells 35,505 SharesMay 4, 2023 | americanbankingnews.comStockNews.com Upgrades Rexford Industrial Realty (NYSE:REXR) to HoldMay 3, 2023 | finance.yahoo.comDown by 33%, This Industrial REIT Is Still Winning With Its Focused PortfolioMay 3, 2023 | americanbankingnews.comBrokers Issue Forecasts for Rexford Industrial Realty, Inc.'s FY2023 Earnings (NYSE:REXR)April 24, 2023 | americanbankingnews.comRexford Industrial Realty (NYSE:REXR) Lifted to Hold at StockNews.comApril 21, 2023 | finance.yahoo.comQ1 2023 Rexford Industrial Realty Inc Earnings CallApril 20, 2023 | finanznachrichten.deRexford Industrial Realty, Inc.: Rexford Industrial Announces First Quarter 2023 Financial ResultsApril 19, 2023 | finance.yahoo.comRexford Industrial Announces First Quarter 2023 Financial ResultsApril 19, 2023 | msn.comRexford Industrial Realty (REXR) Declares $0.38 DividendApril 19, 2023 | americanbankingnews.comEquities Analysts Set Expectations for Rexford Industrial Realty, Inc.'s Q1 2025 Earnings (NYSE:REXR)April 17, 2023 | seekingalpha.comRexford Industrial: Focus Is A Double Edged SwordApril 17, 2023 | finance.yahoo.comRexford Industrial Announces Quarterly DividendApril 17, 2023 | americanbankingnews.comRexford Industrial Realty (REXR) Scheduled to Post Earnings on WednesdaySee More Headlines REXR Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart REXR Company Calendar Last Earnings7/20/2022Ex-Dividend for 4/17 Dividend3/30/2023Dividend Payable4/17/2023Today6/03/2023Ex-Dividend for 7/17 Dividend6/29/2023Dividend Payable7/17/2023Next Earnings (Estimated)7/19/2023Fiscal 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) 966-1680Fax310-966-1690Employees186Year FoundedN/APrice 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 RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.95 Trailing P/E Ratio57.17 Forward P/E Ratio24.80 P/E Growth2.3Net Income$167.58 million Net Margins26.80% Pretax Margin28.35% Return on Equity2.76% Return on Assets2.00% Debt Debt-to-Equity Ratio0.30 Current Ratio2.57 Quick Ratio2.57 Sales & Book Value Annual Sales$631.20 million Price / Sales17.29 Cash Flow$1.87 per share Price / Cash Flow29.07 Book Value$36.84 per share Price / Book1.47Miscellaneous Outstanding Shares200,920,000Free Float198,707,000Market Cap$10.91 billion OptionableOptionable Beta0.84 Key ExecutivesMichael S. FrankelCo-Chief Executive Officer & DirectorHoward SchwimmerCo-Chief Executive Officer & DirectorLaura E. ClarkChief Financial OfficerPatrick SchlehuberChief Investment OfficerAric ChangSenior VP-Investor Relations & Capital MarketsKey CompetitorsLife StorageNYSE:LSICamden Property TrustNYSE:CPTHealthpeak PropertiesNYSE:PEAKKimco RealtyNYSE:KIMHost Hotels & ResortsNASDAQ:HSTView All CompetitorsInsiders & InstitutionsMacquarie Group Ltd.Bought 503,045 shares on 6/1/2023Ownership: 0.348%Prelude Capital Management LLCSold 10,605 shares on 6/1/2023Ownership: 0.022%ProShare Advisors LLCSold 23,425 shares on 5/26/2023Ownership: 0.006%Toroso Investments LLCBought 16,022 shares on 5/23/2023Ownership: 0.021%Ameriprise Financial Inc.Sold 134,341 shares on 5/22/2023Ownership: 0.159%View All Insider TransactionsView All Institutional Transactions 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. 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), Pacer Industrial Real Estate ETF (INDS), SP Funds S&P Global REIT Sharia ETF (SPRE), Janus Henderson U.S. Real Estate ETF (JRE), WisdomTree New Economy Real Estate Fund (WTRE), ALPS Active REIT ETF (REIT), Invesco Real Assets ESG ETF (IVRA) and IQ CBRE NextGen Real Estate ETF (ROOF). 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 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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