NYSE:REXRRexford Industrial Realty Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Rexford Industrial Realty Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $40.84 -0.96 (-2.30 %) (As of 06/4/2020 03:53 PM ET) Add Compare Share Today's Range$40.53Now: $40.84▼$41.8550-Day Range$37.07MA: $39.76▼$44.4852-Week Range$31.79Now: $40.84▼$53.48Volume60,090 shsAverage Volume1.12 million shsMarket Capitalization$4.75 billionP/E Ratio85.08Dividend Yield2.14%Beta0.66 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 1.1 Analyst's Opinion Consensus RatingRexford Industrial Realty has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $43.75, Rexford Industrial Realty has a potential upside of 7.1% from its current price of $40.84.Amount of Analyst CoverageRexford Industrial Realty has only been the subject of 2 research reports in the past 90 days. Previous Next 2.7 Community Rank Outperform VotesRexford Industrial Realty has received 282 “outperform” votes. (Add your “outperform” vote.)Underperform VotesRexford Industrial Realty has received 231 “underperform” votes. (Add your “underperform” vote.)Community SentimentRexford Industrial Realty has received 54.97% “outperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipRexford Industrial Realty is a leading dividend payer. It pays a dividend yield of 2.14%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthRexford Industrial Realty has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Rexford Industrial Realty is 69.92 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Rexford Industrial Realty will have a dividend payout ratio of 65.65 % next year. This indicates that Rexford Industrial Realty will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Rexford Industrial Realty insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,253,349.00 in company stock.Percentage Held by InsidersOnly 1.50% of the stock of Rexford Industrial Realty is held by insiders.Percentage Held by Institutions98.86% of the stock of Rexford Industrial Realty is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Rexford Industrial Realty are expected to grow by 3.15% in the coming year, from $1.27 to $1.31 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Rexford Industrial Realty is 85.08, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.29.Price to Earnings Ratio vs. SectorThe P/E ratio of Rexford Industrial Realty is 85.08, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 20.00.Price to Earnings Growth RatioRexford Industrial Realty has a PEG Ratio of 8.38. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioRexford Industrial Realty has a P/B Ratio of 1.90. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.1Community Rank: 2.7Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.76 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:REXR Previous SymbolNASDAQ:REXR CUSIPN/A CIK1571283 Webwww.rexfordindustrial.com Phone310-966-1680Debt Debt-to-Equity Ratio0.36 Current Ratio3.03 Quick Ratio3.03Price-To-Earnings Trailing P/E Ratio85.08 Forward P/E Ratio32.16 P/E Growth8.38 Sales & Book Value Annual Sales$267.21 million Price / Sales17.78 Cash Flow$1.42 per share Price / Cash Flow28.84 Book Value$21.46 per share Price / Book1.90Profitability EPS (Most Recent Fiscal Year)$1.23 Net Income$61.98 million Net Margins23.20% Return on Equity2.82% Return on Assets1.85%Miscellaneous Employees108 Outstanding Shares116,330,000Market Cap$4.75 billion Next Earnings Date8/4/2020 (Estimated) OptionableOptionable REXR Rates by TradingView Receive REXR News and Ratings via Email Sign-up to receive the latest news and ratings for REXR and its competitors with MarketBeat's FREE daily newsletter. Rexford Industrial Realty (NYSE:REXR) Frequently Asked Questions How has Rexford Industrial Realty's stock been impacted by COVID-19 (Coronavirus)? Rexford Industrial Realty's stock was trading at $42.83 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, REXR stock has decreased by 4.6% and is now trading at $40.84. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of 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. When is Rexford Industrial Realty's next earnings date? Rexford Industrial Realty is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Rexford Industrial Realty. How were Rexford Industrial Realty's earnings last quarter? Rexford Industrial Realty Inc (NYSE:REXR) issued its quarterly earnings data on Monday, May, 4th. The real estate investment trust reported $0.09 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.32 by $0.23. The real estate investment trust had revenue of $77.68 million for the quarter, compared to analyst estimates of $76.91 million. Rexford Industrial Realty had a net margin of 23.20% and a return on equity of 2.82%. The company's quarterly revenue was up 28.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.30 EPS. View Rexford Industrial Realty's earnings history. 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 Monday, May 4th. Shareholders 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 2.11%. The ex-dividend date of this dividend is Monday, June 29th. View Rexford Industrial Realty's dividend history. What guidance has Rexford Industrial Realty issued on next quarter's earnings? Rexford Industrial Realty issued an update on its FY20 earnings guidance on Monday, May, 4th. The company provided earnings per share guidance of $1.26-1.29 for the period, compared to the Thomson Reuters consensus estimate of $1.30. What price target have analysts set for REXR? 4 equities research 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 share price to reach $43.75 in the next twelve months. This suggests a possible upside of 7.1% from the stock's current price. View analysts' price targets for Rexford Industrial Realty. Has Rexford Industrial Realty been receiving favorable news coverage? Press coverage about REXR stock has been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public 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 -1.0 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near future. View the latest news aboutRexford Industrial Realty. Who are some of Rexford Industrial Realty's key competitors? Some companies that are related to Rexford Industrial Realty include Weyerhaeuser (WY), Essex Property Trust (ESS), Ventas (VTR), Boston Properties (BXP), HCP (HCP), Mid-America Apartment Communities (MAA), Duke Realty (DRE), Sun Communities (SUI), Extra Space Storage (EXR), WP Carey (WPC), Equity Lifestyle Properties (ELS), UDR (UDR), VICI Properties (VICI), Medical Properties Trust (MPW) and ANNALY CAP MGMT/SH (NLY). View all 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), Walt Disney (DIS), Starbucks (SBUX), Bristol-Myers Squibb (BMY), Gilead Sciences (GILD), Biogen (BIIB), Bioverativ (BIVV) and NVIDIA (NVDA). Who are Rexford Industrial Realty's key executives? Rexford Industrial Realty's management team includes the following 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. What is Rexford Industrial Realty's stock symbol? Rexford Industrial Realty trades on the New York Stock Exchange (NYSE) under the ticker symbol "REXR." Who are Rexford Industrial Realty's major shareholders? Rexford Industrial Realty's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.62%), PGGM Investments (6.49%), Nuveen Asset Management LLC (5.31%), State Street Corp (4.39%), Principal Financial Group Inc. (4.29%) and Invesco Ltd. (3.91%). 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. Which institutional investors are selling Rexford Industrial Realty stock? REXR stock was sold by a variety of institutional investors in the last quarter, including Deutsche Bank AG, Aew Capital Management L P, Schroder Investment Management Group, Federated Hermes Inc., PGGM Investments, Weiss Multi Strategy Advisers LLC, Morgan Stanley, and Morgan Stanley. Company insiders that have sold Rexford Industrial Realty company stock in the last year include Adeel Khan, David E Lanzer, Howard Schwimmer, Michael S Frankel, Richard S Ziman, and Steven C Good. View insider buying and selling activity 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 Invesco Ltd., Nuveen Asset Management LLC, State Street Corp, Wells Fargo & Company MN, BlackRock Inc., Principal Financial Group Inc., American Assets Capital Advisers LLC, and Geode Capital Management LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Rexford Industrial Realty's stock price today? One share of REXR stock can currently be purchased for approximately $40.84. How big of a company is Rexford Industrial Realty? Rexford Industrial Realty has a market capitalization of $4.75 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. What is Rexford Industrial Realty's official website? The official website for Rexford Industrial Realty is 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] This page was last updated on 6/4/2020 by MarketBeat.com Staff
