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

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$32.71 -0.03 (-0.09 %)
(As of 11/13/2018 01:16 PM ET)
Previous Close$32.74
Today's Range$32.4410 - $33.00
52-Week Range$26.32 - $33.46
Volume220,152 shs
Average Volume447,509 shs
Market Capitalization$3.06 billion
P/E Ratio34.07
Dividend Yield1.94%
Beta0.66
Rexford Industrial is a real estate investment trust focused on owning and operating industrial properties in Southern California infill markets. The Company owns 166 properties with approximately 20.3 million rentable square feet and manages an 20 properties with approximately 1.2 million rentable square feet.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:REXR
Previous SymbolNASDAQ:REXR
CUSIPN/A
Phone310-966-1680

Debt

Debt-to-Equity Ratio0.47
Current Ratio6.21
Quick Ratio6.21

Price-To-Earnings

Trailing P/E Ratio34.07
Forward P/E Ratio30.29
P/E Growth3.78

Sales & Book Value

Annual Sales$161.35 million
Price / Sales18.81
Cash Flow$1.3275 per share
Price / Cash24.64
Book Value$15.48 per share
Price / Book2.11

Profitability

EPS (Most Recent Fiscal Year)$0.96
Net Income$40.71 million
Net Margins22.47%
Return on Equity3.18%
Return on Assets1.89%

Miscellaneous

Employees98
Outstanding Shares92,790,000
Market Cap$3.06 billion
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, October 31st. Stockholders of record on Monday, December 31st will be paid a dividend of $0.16 per share on Tuesday, January 15th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.95%. The ex-dividend date of this dividend is Friday, December 28th. View Rexford Industrial Realty's Dividend History.

How were Rexford Industrial Realty's earnings last quarter?

Rexford Industrial Realty Inc (NYSE:REXR) announced its earnings results on Tuesday, October, 30th. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.04. The real estate investment trust had revenue of $54.47 million for the quarter, compared to analyst estimates of $55.09 million. Rexford Industrial Realty had a net margin of 22.47% and a return on equity of 3.18%. The firm's revenue for the quarter was up 26.0% on a year-over-year basis. During the same quarter last year, the business earned $0.25 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, February 12th 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 FY18 earnings guidance on Tuesday, October, 30th. The company provided EPS guidance of $1.08-1.10 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.09.

What price target have analysts set for REXR?

6 brokers have issued 1 year price objectives for Rexford Industrial Realty's shares. Their predictions range from $29.00 to $35.00. On average, they anticipate Rexford Industrial Realty's share price to reach $32.40 in the next year. This suggests that the stock has a possible downside of 1.2%. View Analyst Price Targets for Rexford Industrial Realty.

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

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rexford Industrial Realty in the last year. There are currently 1 sell rating, 2 hold ratings and 3 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?

Headlines about REXR stock have been trending neutral this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative 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 positive five, with scores closest to five being the most favorable. Rexford Industrial Realty earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave news coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days.

Are investors shorting Rexford Industrial Realty?

Rexford Industrial Realty saw a increase in short interest in the month of September. As of September 28th, there was short interest totalling 2,303,124 shares, an increase of 59.5% from the September 14th total of 1,443,996 shares. Based on an average daily volume of 798,373 shares, the days-to-cover ratio is presently 2.9 days. Approximately 2.6% of the company's stock are sold short. View Rexford Industrial Realty's Current Options Chain.

Who are some of Rexford Industrial Realty's key competitors?

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 57)
  • Mr. Michael S. Frankel, Co-CEO & Director (Age 55)
  • Mr. Adeel Khan, Chief Financial officer (Age 44)
  • Mr. David E. Lanzer, Gen. Counsel & Sec. (Age 45)
  • 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. (10.88%), FMR LLC (7.86%), JPMorgan Chase & Co. (2.87%), Prudential Financial Inc. (1.69%), Schroder Investment Management Group (1.63%) and Dimensional Fund Advisors LP (1.32%). 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, Russell Investments Group Ltd., Credit Suisse AG, Prudential Financial Inc., Waratah Capital Advisors Ltd., Westpac Banking Corp, Fisher Asset Management LLC and Loeb Partners Corp. 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 bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., BlackRock Inc., American Century Companies Inc., Janus Henderson Group PLC, Piermont Capital Management Inc., Moody Aldrich Partners LLC, Massachusetts Financial Services Co. MA and Bank of New York Mellon Corp. 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 $32.80.

How big of a company is Rexford Industrial Realty?

Rexford Industrial Realty has a market capitalization of $3.06 billion and generates $161.35 million in revenue each year. The real estate investment trust earns $40.71 million in net income (profit) each year or $0.96 on an earnings per share basis. Rexford Industrial Realty employs 98 workers across the globe.

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:  197 (Vote Outperform)
Underperform Votes:  163 (Vote Underperform)
Total Votes:  360
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 11/13/2018 by MarketBeat.com Staff

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