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

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

Rexford Industrial Realty announced a quarterly dividend on Monday, February 10th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.215 per share on Wednesday, April 15th. This represents a $0.86 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date of this dividend is Monday, March 30th. This is an increase from Rexford Industrial Realty's previous quarterly dividend of $0.19. View Rexford Industrial Realty's Dividend History.

Rexford Industrial Realty Inc (NYSE:REXR) posted its quarterly earnings results on Tuesday, February, 11th. The real estate investment trust reported $0.18 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.31 by $0.13. The real estate investment trust earned $74.40 million during the quarter, compared to the consensus estimate of $71.31 million. Rexford Industrial Realty had a return on equity of 2.81% and a net margin of 23.19%. View Rexford Industrial Realty's Earnings History.

Rexford Industrial Realty is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Rexford Industrial Realty.

Rexford Industrial Realty issued an update on its FY20 earnings guidance on Tuesday, February, 11th. The company provided EPS guidance of $1.30-1.32 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.34.

4 equities research analysts have issued twelve-month target prices for Rexford Industrial Realty's shares. Their forecasts range from $37.00 to $47.00. On average, they expect Rexford Industrial Realty's share price to reach $44.25 in the next year. This suggests that the stock has a possible downside of 17.1%. View Analyst Price Targets 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.

Press coverage about REXR stock has trended very positive this week, InfoTrie Sentiment reports. The research firm ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Rexford Industrial Realty earned a media sentiment score of 3.1 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Rexford Industrial Realty.

Some companies that are related to Rexford Industrial Realty include Ventas (VTR), Weyerhaeuser (WY), Boston Properties (BXP), Essex Property Trust (ESS), Alexandria Real Estate Equities (ARE), HCP (HCP), Mid-America Apartment Communities (MAA), Sun Communities (SUI), ANNALY CAP MGMT/SH (NLY), UDR (UDR), WP Carey (WPC), Duke Realty (DRE), Equity Lifestyle Properties (ELS), Extra Space Storage (EXR) and VICI Properties (VICI).

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

Rexford Industrial Realty's stock is owned by a number of of retail and institutional investors. Top institutional investors include PGGM Investments (7.04%), Principal Financial Group Inc. (4.27%), State Street Corp (4.07%), Geode Capital Management LLC (1.70%), Charles Schwab Investment Management Inc. (1.67%) and FMR LLC (1.65%). 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.

REXR stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, FIL Ltd, Goldman Sachs Group Inc., State Street Corp, Bank of America Corp DE, Schroder Investment Management Group, Victory Capital Management Inc. and Victory Capital Management Inc.. 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.

REXR stock was bought by a variety of institutional investors in the last quarter, including PGGM Investments, Alliancebernstein L.P., Russell Investments Group Ltd., Panagora Asset Management Inc., Jaguar Listed Property LLC, California Public Employees Retirement System, American Assets Capital Advisers LLC and Robeco Institutional Asset Management B.V.. View Insider Buying and Selling for 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.

One share of REXR stock can currently be purchased for approximately $53.35.

Rexford Industrial Realty has a market capitalization of $6.08 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 108 workers across the globe.View Additional Information About Rexford Industrial Realty.

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

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]