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

$47.03
-0.15 (-0.32 %)
(As of 12/8/2019 04:00 PM ET)
Today's Range
$46.94
Now: $47.03
$47.45
50-Day Range
$46.14
MA: $46.98
$48.20
52-Week Range
$28.17
Now: $47.03
$48.80
Volume877,749 shs
Average Volume683,065 shs
Market Capitalization$5.22 billion
P/E Ratio41.99
Dividend Yield1.57%
Beta0.77
Rexford Industrial is a real estate investment trust focused on owning and operating industrial properties in Southern California infill markets. The Company owns 179 properties with approximately 22.1 million rentable square feet and manages an additional 20 properties with approximately 1.2 million rentable square feet.

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$212.49 million
Cash Flow$1.31 per share
Book Value$18.85 per share

Profitability

Net Income$46.21 million

Miscellaneous

Employees108
Market Cap$5.22 billion
Next Earnings Date2/11/2020 (Estimated)
OptionableOptionable

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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 Monday, October 28th. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.185 per share on Wednesday, January 15th. This represents a $0.74 annualized dividend and a dividend yield of 1.57%. The ex-dividend date is Monday, December 30th. View Rexford Industrial Realty's Dividend History.

How were Rexford Industrial Realty's earnings last quarter?

Rexford Industrial Realty Inc (NYSE:REXR) posted its earnings results on Tuesday, October, 29th. The real estate investment trust reported $0.31 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.30 by $0.01. The real estate investment trust earned $68.06 million during the quarter, compared to the consensus estimate of $67.50 million. Rexford Industrial Realty had a return on equity of 2.61% and a net margin of 21.32%. The company's revenue for the quarter was up 23.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.28 earnings per share. 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 11th 2020. View Earnings Estimates for Rexford Industrial Realty.

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

Rexford Industrial Realty updated its FY19 earnings guidance on Tuesday, October, 29th. The company provided EPS guidance of $1.20-1.22 for the period, compared to the Thomson Reuters consensus estimate of $1.22.

What price target have analysts set for REXR?

4 Wall Street analysts have issued 12-month price objectives for Rexford Industrial Realty's stock. Their forecasts range from $37.00 to $47.00. On average, they anticipate Rexford Industrial Realty's share price to reach $44.25 in the next twelve months. This suggests that the stock has a possible downside of 5.9%. View Analyst Price Targets for Rexford Industrial Realty.

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

4 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 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Rexford Industrial Realty.

Has Rexford Industrial Realty been receiving favorable news coverage?

Media coverage about REXR stock has trended negative this week, InfoTrie reports. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Rexford Industrial Realty earned a daily sentiment score of -2.1 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Rexford Industrial Realty.

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

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), Biogen (BIIB), Starbucks (SBUX), Bristol-Myers Squibb (BMY), Walt Disney (DIS), Gilead Sciences (GILD), Bioverativ (BIVV) and NVIDIA (NVDA).

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 retail and institutional investors. Top institutional shareholders include State Street Corp (4.40%), Massachusetts Financial Services Co. MA (1.07%), Russell Investments Group Ltd. (1.00%), Phocas Financial Corp. (0.40%), State of New Jersey Common Pension Fund D (0.39%) and Eagle Asset Management Inc. (0.38%). Company insiders that own Rexford Industrial Realty stock include Adeel Khan, David E Lanzer, Howard Schwimmer, Michael S Frankel and Richard S Ziman. View Institutional Ownership Trends for Rexford Industrial Realty.

Which institutional investors are selling Rexford Industrial Realty stock?

REXR stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, State of New Jersey Common Pension Fund D, Massachusetts Financial Services Co. MA, Eagle Asset Management Inc., Virginia Retirement Systems ET AL, Dupont Capital Management Corp, State of Alaska Department of Revenue and Squarepoint Ops LLC. Company insiders that have sold Rexford Industrial Realty company stock in the last year include Adeel Khan, David E Lanzer, Howard Schwimmer and Michael S Frankel. View Insider Buying and Selling for Rexford Industrial Realty.

Which institutional investors are buying Rexford Industrial Realty stock?

REXR stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, Penserra Capital Management LLC, Mackay Shields LLC, California Public Employees Retirement System, Artemis Investment Management LLP, Russell Investments Group Ltd., Sumitomo Mitsui Trust Holdings Inc. and First Quadrant L P CA. 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, Robinhood, Fidelity and Charles Schwab.

What is Rexford Industrial Realty's stock price today?

One share of REXR stock can currently be purchased for approximately $47.03.

How big of a company is Rexford Industrial Realty?

Rexford Industrial Realty has a market capitalization of $5.22 billion and generates $212.49 million in revenue each year. The real estate investment trust earns $46.21 million in net income (profit) each year or $1.12 on an earnings per share basis. Rexford Industrial Realty employs 108 workers across the globe.View Additional Information About Rexford Industrial Realty.

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:  256 (Vote Outperform)
Underperform Votes:  216 (Vote Underperform)
Total Votes:  472
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 12/8/2019 by MarketBeat.com Staff

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