NYSE:REXRRexford Industrial Realty Stock Price, Forecast & News

Rexford Industrial Realty's stock was trading at $42.83 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, REXR shares have decreased by 2.7% and is now trading at $41.68. View which stocks have been most impacted by Coronavirus.

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.

Rexford Industrial Realty is scheduled to release its next quarterly earnings announcement on Tuesday, July 21st 2020. View our earnings forecast for Rexford Industrial Realty.

Rexford Industrial Realty will be holding an earnings conference call on Tuesday, July 21st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Rexford Industrial Realty Inc (NYSE:REXR) released its quarterly earnings data on Monday, May, 4th. The real estate investment trust reported $0.09 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.32 by $0.23. The real estate investment trust had revenue of $77.68 million for the quarter, compared to analysts' expectations of $76.91 million. Rexford Industrial Realty had a return on equity of 2.82% and a net margin of 23.20%. The firm's quarterly revenue was up 28.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.30 EPS. View Rexford Industrial Realty's earnings history.

Rexford Industrial Realty announced a quarterly dividend on Monday, May 4th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.215 per share on Wednesday, July 15th. This represents a $0.86 annualized dividend and a dividend yield of 2.06%. The ex-dividend date of this dividend is Monday, June 29th. View Rexford Industrial Realty's dividend history.

Rexford Industrial Realty updated its FY20 earnings guidance on Monday, May, 4th. The company provided earnings per share (EPS) guidance of $1.26-1.29 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.30.

4 Wall Street analysts have issued 12 month price objectives for Rexford Industrial Realty's stock. Their forecasts range from $40.00 to $49.00. On average, they expect Rexford Industrial Realty's stock price to reach $43.75 in the next twelve months. This suggests a possible upside of 5.0% from the stock's current price. View analysts' price targets for Rexford Industrial Realty.

News headlines about REXR stock have trended negative on Friday, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Rexford Industrial Realty earned a media sentiment score of -2.4 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near future. View the latest news about Rexford Industrial Realty.

Some companies that are related to Rexford Industrial Realty include Realty Income (O), Simon Property Group (SPG), Weyerhaeuser (WY), Essex Property Trust (ESS), Boston Properties (BXP), Sun Communities (SUI), HCP (HCP), Ventas (VTR), Duke Realty (DRE), Mid-America Apartment Communities (MAA), Extra Space Storage (EXR), Equity Lifestyle Properties (ELS), WP Carey (WPC), UDR (UDR) and Medical Properties Trust (MPW). View all competitors.

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), Gilead Sciences (GILD), Biogen (BIIB), Bioverativ (BIVV) and NVIDIA (NVDA).

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

Rexford Industrial Realty's stock is owned by many different institutional and retail investors. Top institutional investors include Timbercreek Investment Management Inc. (0.45%) and Envestnet Asset Management Inc. (0.11%). 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 bought by a variety of institutional investors in the last quarter, including Timbercreek Investment Management Inc., and Envestnet Asset Management Inc.. View insider buying and selling activity 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 $41.68.

Rexford Industrial Realty has a market capitalization of $4.85 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.

The official website for Rexford Industrial Realty is 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]