Rexford Industrial Realty Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Rexford Industrial Realty in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Rexford Industrial Realty stock.
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Rexford Industrial Realty saw a decrease in short interest in the month of February. As of February 12th, there was short interest totaling 1,560,000 shares, a decrease of 28.4% from the January 28th total of 2,180,000 shares. Based on an average daily volume of 725,600 shares, the days-to-cover ratio is presently 2.1 days.
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Rexford Industrial Realty is scheduled to release its next quarterly earnings announcement on Monday, May 3rd 2021.
View our earnings forecast for Rexford Industrial Realty.

Rexford Industrial Realty, Inc. (NYSE:REXR) posted its quarterly earnings data on Wednesday, February, 10th. The real estate investment trust reported $0.10 EPS for the quarter, missing the consensus estimate of $0.33 by $0.23. The real estate investment trust had revenue of $88.65 million for the quarter, compared to analyst estimates of $88.19 million. Rexford Industrial Realty had a trailing twelve-month return on equity of 3.14% and a net margin of 26.29%. The company's quarterly revenue was up 19.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.32 EPS.
View Rexford Industrial Realty's earnings history.

Rexford Industrial Realty's stock was trading at $42.83 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, REXR stock has increased by 11.1% and is now trading at $47.59.
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Rexford Industrial Realty declared a quarterly dividend on Monday, February 8th. Investors of record on Wednesday, March 31st will be given a dividend of $0.24 per share on Thursday, April 15th. This represents a $0.96 dividend on an annualized basis and a yield of 2.02%. The ex-dividend date of this dividend is Tuesday, March 30th. This is a positive change from Rexford Industrial Realty's previous quarterly dividend of $0.22.
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Rexford Industrial Realty pays an annual dividend of $0.86 per share and currently has a dividend yield of 1.84%. Rexford Industrial Realty has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strock track record of dividend growth. The dividend payout ratio of Rexford Industrial Realty is 69.92%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Rexford Industrial Realty will have a dividend payout ratio of 60.14% next year. This indicates that Rexford Industrial Realty will be able to sustain or increase its dividend.
View Rexford Industrial Realty's dividend history.

Rexford Industrial Realty issued an update on its FY21 earnings guidance on Wednesday, February, 10th. The company provided earnings per share (EPS) guidance of $1.40-1.43 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.43.

4 analysts have issued 12-month price objectives for Rexford Industrial Realty's shares. Their forecasts range from $40.00 to $56.00. On average, they anticipate Rexford Industrial Realty's share price to reach $46.50 in the next twelve months. This suggests that the stock has a possible downside of 2.3%.
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20 employees have rated Rexford Industrial Realty CEO Howard Schwimmer & Michael S. Frankel on Glassdoor.com. Howard Schwimmer & Michael S. Frankel has an approval rating of 66% among Rexford Industrial Realty's employees.

Some companies that are related to Rexford Industrial Realty include AvalonBay Communities (AVB), Realty Income (O), Alexandria Real Estate Equities (ARE), Ventas (VTR), Essex Property Trust (ESS), Extra Space Storage (EXR), Healthpeak Properties (PEAK), Boston Properties (BXP), VICI Properties (VICI), Sun Communities (SUI), Mid-America Apartment Communities (MAA), Duke Realty (DRE), UDR (UDR), Apartment Income REIT (AIRC) and Medical Properties Trust (MPW).
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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), The Walt Disney (DIS), Starbucks (SBUX), Bristol-Myers Squibb (BMY), Biogen (BIIB), Gilead Sciences (GILD), NVIDIA (NVDA) and Bioverativ (BIVV).

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

Rexford Industrial Realty's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.38%), PGGM Investments (6.78%), Principal Financial Group Inc. (6.50%), Principal Financial Group Inc. (6.50%), Nuveen Asset Management LLC (3.68%) and Price T Rowe Associates Inc. MD (3.07%). Company insiders that own Rexford Industrial Realty stock include Adeel Khan, David E Lanzer, Howard Schwimmer, Michael S Frankel, Richard S Ziman and Steven C Good.
View institutional ownership trends for Rexford Industrial Realty.

REXR stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Renaissance Technologies LLC, Alliancebernstein L.P., Sei Investments Co., Kennedy Capital Management Inc., Kempen Capital Management N.V., Brookfield Asset Management Inc., and Janus Henderson Group PLC.
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REXR stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, BlackRock Inc., Caas Capital Management LP, Schroder Investment Management Group, Schroder Investment Management Group, Dimensional Fund Advisors LP, Morgan Stanley, and B&I Capital AG.
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Shares of REXR 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.
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One share of REXR stock can currently be purchased for approximately $47.59.

Rexford Industrial Realty has a market capitalization of $6.25 billion and generates $267.21 million in revenue each year. The real estate investment trust earns $61.98 million in net income (profit) each year or $1.23 on an earnings per share basis.

Rexford Industrial Realty employs 147 workers across the globe.

The official website for Rexford Industrial Realty is www.rexfordindustrial.com.

Rexford Industrial Realty is headquartered at 11620 WILSHIRE BOULEVARD SUITE 1000, LOS ANGELES CA, 90025.

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]