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

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$35.26 +0.07 (+0.20 %)
(As of 03/26/2019 02:18 AM ET)
Previous Close$35.19
Today's Range$35.09 - $35.43
52-Week Range$27.78 - $36.11
Volume616,501 shs
Average Volume721,939 shs
Market Capitalization$3.41 billion
P/E Ratio31.48
Dividend Yield1.82%
Beta0.87
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.

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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$1.3132 per share
Book Value$18.85 per share

Profitability

Net Income$46.21 million

Miscellaneous

EmployeesN/A
Market Cap$3.41 billion
Next Earnings Date5/7/2019 (Estimated)
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 announced a quarterly dividend on Wednesday, February 13th. Shareholders of record on Friday, March 29th will be given a dividend of $0.185 per share on Monday, April 15th. This represents a $0.74 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date is Thursday, March 28th. This is a boost from Rexford Industrial Realty's previous quarterly dividend of $0.16. View Rexford Industrial Realty's Dividend History.

How were Rexford Industrial Realty's earnings last quarter?

Rexford Industrial Realty Inc (NYSE:REXR) announced its quarterly earnings data on Tuesday, February, 12th. The real estate investment trust reported $0.29 EPS for the quarter, topping analysts' consensus estimates of $0.27 by $0.02. The real estate investment trust had revenue of $56.13 million for the quarter, compared to analysts' expectations of $55.81 million. Rexford Industrial Realty had a return on equity of 2.98% and a net margin of 21.82%. The firm's revenue for the quarter was up 22.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.26 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, May 7th 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 FY19 earnings guidance on Tuesday, February, 12th. The company provided earnings per share guidance of 1.16 to $1.20 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.16.

What price target have analysts set for REXR?

5 brokers have issued 12 month price targets for Rexford Industrial Realty's stock. Their predictions range from $34.00 to $37.00. On average, they expect Rexford Industrial Realty's share price to reach $35.3333 in the next year. This suggests a possible upside of 0.2% from the stock's current price. View Analyst Price Targets for Rexford Industrial Realty.

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

5 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 2 buy ratings 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 stories about REXR stock have been trending positive this week, according to InfoTrie Sentiment. The research group rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. 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 news sentiment score of 2.2 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next several days.

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 Verizon Communications (VZ), Boeing (BA), Starbucks (SBUX), Southern (SO), salesforce.com (CRM), Viper Energy Partners (VNOM), UnitedHealth Group (UNH), Lululemon Athletica (LULU), NVIDIA (NVDA) and LogMeIn (LOGM).

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 number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.40%), FMR LLC (5.32%), Principal Financial Group Inc. (3.87%), Northern Trust Corp (1.65%), Prudential Financial Inc. (1.63%) and Geode Capital Management LLC (1.39%). 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 selling Rexford Industrial Realty stock?

REXR stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Millennium Management LLC, Westpac Banking Corp, Eaton Vance Management, SG Americas Securities LLC, Northern Trust Corp, Prudential Financial Inc. and Amundi Pioneer Asset Management Inc.. Company insiders that have sold Rexford Industrial Realty company stock in the last year include Adeel Khan and Richard S Ziman. View Insider Buying and Selling for Rexford Industrial Realty.

Which institutional investors are buying Rexford Industrial Realty stock?

REXR stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, BlackRock Inc., Nuveen Asset Management LLC, Geode Capital Management LLC, Geode Capital Management LLC, D. E. Shaw & Co. Inc., American Century Companies Inc. and Waratah Capital Advisors Ltd.. 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 $35.26.

How big of a company is Rexford Industrial Realty?

Rexford Industrial Realty has a market capitalization of $3.41 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.

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:  209 (Vote Outperform)
Underperform Votes:  179 (Vote Underperform)
Total Votes:  388
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 3/26/2019 by MarketBeat.com Staff

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