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

$43.78
+0.28 (+0.64 %)
(As of 08/20/2019 08:00 AM ET)
Today's Range
$43.47
Now: $43.78
$44.03
50-Day Range
$40.17
MA: $41.82
$43.94
52-Week Range
$28.17
Now: $43.78
$44.03
Volume493,500 shs
Average Volume714,160 shs
Market Capitalization$4.80 billion
P/E Ratio39.09
Dividend Yield1.70%
Beta0.83
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$1.3191 per share
Book Value$18.85 per share

Profitability

Net Income$46.21 million

Miscellaneous

Employees108
Market Cap$4.80 billion
Next Earnings Date10/29/2019 (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, July 29th. Shareholders of record on Monday, September 30th will be paid a dividend of $0.185 per share on Tuesday, October 15th. This represents a $0.74 annualized dividend and a yield of 1.69%. The ex-dividend date of this dividend is Friday, September 27th. View Rexford Industrial Realty's Dividend History.

How were Rexford Industrial Realty's earnings last quarter?

Rexford Industrial Realty Inc (NYSE:REXR) issued its earnings results on Tuesday, July, 30th. The real estate investment trust reported $0.12 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.29 by $0.17. The real estate investment trust earned $63.60 million during the quarter, compared to analysts' expectations of $63.33 million. Rexford Industrial Realty had a net margin of 21.02% and a return on equity of 2.63%. The company's quarterly revenue was up 23.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.27 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, October 29th 2019. 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, July, 30th. The company provided earnings per share guidance of $1.19-1.21 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.21.

What price target have analysts set for REXR?

3 analysts have issued twelve-month price objectives for Rexford Industrial Realty's shares. Their predictions range from $37.00 to $46.00. On average, they anticipate Rexford Industrial Realty's share price to reach $41.50 in the next twelve months. This suggests that the stock has a possible downside of 5.2%. View Analyst Price Targets for Rexford Industrial Realty.

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

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rexford Industrial Realty in the last year. There are currently 2 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?

Press coverage about REXR stock has trended somewhat positive on Tuesday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of press 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 nearest to five being the most favorable. Rexford Industrial Realty earned a daily sentiment score of 0.8 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely 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), Starbucks (SBUX), Bristol-Myers Squibb (BMY), Biogen (BIIB), Walt Disney (DIS), Gilead Sciences (GILD), Bioverativ (BIVV) and salesforce.com (CRM).

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 many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (13.58%), BlackRock Inc. (10.24%), Nuveen Asset Management LLC (5.63%), PGGM Investments (4.33%), Price T Rowe Associates Inc. MD (3.27%) and JPMorgan Chase & Co. (3.41%). Company insiders that own Rexford Industrial Realty stock include Adeel Khan, David E Lanzer, Howard Schwimmer 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 Renaissance Technologies LLC, First Foundation Advisors, Carlson Capital L P, D. E. Shaw & Co. Inc., Balyasny Asset Management LLC, JPMorgan Chase & Co., AMP Capital Investors Ltd and Wells Fargo & Company MN. Company insiders that have sold Rexford Industrial Realty company stock in the last year include Adeel Khan, David E Lanzer and Howard Schwimmer. 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 Nuveen Asset Management LLC, Price T Rowe Associates Inc. MD, Invesco Ltd., Vanguard Group Inc., Centersquare Investment Management LLC, BlackRock Inc., Teachers Insurance & Annuity Association of America and Panagora Asset Management Inc.. 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 $43.78.

How big of a company is Rexford Industrial Realty?

Rexford Industrial Realty has a market capitalization of $4.80 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:  233 (Vote Outperform)
Underperform Votes:  199 (Vote Underperform)
Total Votes:  432
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 8/20/2019 by MarketBeat.com Staff

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