NYSE:REXR Rexford Industrial Realty - REXR Stock Forecast, Price & News Adding Choose a watchlist: 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. $64.09 -0.17 (-0.26%) (As of 02/8/2023 12:00 AM ET) Add Compare Share Share Today's Range$63.77▼$64.9050-Day Range$53.14▼$66.2452-Week Range$48.74▼$84.68Volume1.33 million shsAverage Volume1.16 million shsMarket Capitalization$11.76 billionP/E Ratio68.91Dividend Yield1.96%Price Target$69.33 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Rexford Industrial Realty MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside8.2% Upside$69.33 Price TargetShort InterestHealthy4.33% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.10Upright™ Environmental ScoreNews Sentiment0.69Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth10.31%From $1.94 to $2.14 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.32 out of 5 starsFinance Sector387th out of 857 stocksReal Estate Investment Trusts Industry88th out of 190 stocks 1.4 Analyst's Opinion Consensus RatingRexford Industrial Realty has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $69.33, Rexford Industrial Realty has a forecasted upside of 8.2% from its current price of $64.09.Amount of Analyst CoverageRexford Industrial Realty has only been the subject of 2 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.33% of the outstanding shares of Rexford Industrial Realty have been sold short.Short Interest Ratio / Days to CoverRexford Industrial Realty has a short interest ratio ("days to cover") of 5.4.Change versus previous monthShort interest in Rexford Industrial Realty has recently decreased by 18.48%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldRexford Industrial Realty pays a meaningful dividend of 1.96%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthRexford Industrial Realty has been increasing its dividend for 6 years.Dividend CoverageThe dividend payout ratio of Rexford Industrial Realty is 135.48%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Rexford Industrial Realty will have a dividend payout ratio of 58.88% next year. This indicates that Rexford Industrial Realty will be able to sustain or increase its dividend. Previous Next 2.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreRexford Industrial Realty has received a 20.67% net impact score from Upright. Rexford Industrial Realty seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is driven by its "Industrial and logistics property leasing services" product. See details.Environmental SustainabilityThe Environmental Impact score for Rexford Industrial Realty is -2.10. Previous Next 3.2 News and Social Media Coverage News SentimentRexford Industrial Realty has a news sentiment score of 0.69. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Rexford Industrial Realty this week, compared to 2 articles on an average week.Search InterestOnly 3 people have searched for REXR on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows2 people have added Rexford Industrial Realty to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Rexford Industrial Realty insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.20% of the stock of Rexford Industrial Realty is held by insiders.Percentage Held by Institutions98.77% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Rexford Industrial Realty are expected to grow by 10.31% in the coming year, from $1.94 to $2.14 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Rexford Industrial Realty is 68.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.82.Price to Earnings Ratio vs. SectorThe P/E ratio of Rexford Industrial Realty is 68.91, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 183.87.Price to Earnings Growth RatioRexford Industrial Realty has a PEG Ratio of 3.44. 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 1.98. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Rexford Industrial Realty (NYSE:REXR) StockRexford Industrial Realty, Inc. is a self-administered and self-managed real estate investment trust, which engages in owning, operating, and acquiring industrial properties. The company was founded on January 18, 2013, and is headquartered in Los Angeles, CA.Read More Receive REXR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Rexford Industrial Realty and its competitors with MarketBeat's FREE daily newsletter. Email Address REXR Stock News HeadlinesFebruary 8, 2023 | msn.comRexford Industrial Realty GAAP EPS of $0.22, revenue of $178.59MFebruary 8, 2023 | finance.yahoo.comRexford Industrial Announces Fourth Quarter and Full Year 2022 Financial ResultsFebruary 8, 2023 | Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.February 7, 2023 | americanbankingnews.comRexford Industrial Realty (REXR) Set to Announce Earnings on WednesdayFebruary 6, 2023 | msn.comBMO initiates Rexford Industrial at Outperform as SoCal focus to drive long-term growthFebruary 6, 2023 | americanbankingnews.comRexford Industrial Realty (NYSE:REXR) Coverage Initiated at BMO Capital MarketsJanuary 23, 2023 | finance.yahoo.comRexford Industrial Announces 2022 Tax Treatment of Dividend DistributionsJanuary 9, 2023 | finance.yahoo.comRexford Industrial Announces Fourth Quarter and Full Year 2022 Operating Results, Investment and Capital Markets ActivityFebruary 8, 2023 | Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.January 5, 2023 | finance.yahoo.comRexford Industrial acquisitions hit $2.4 billion in 2022January 5, 2023 | finance.yahoo.comRexford Industrial Announces $336 Million of Acquisitions - Full Year 2022 Acquisitions Total $2.4 BillionDecember 23, 2022 | seekingalpha.comRexford Industrial Realty: Embedded Growth In A Supply-Constrained MarketDecember 21, 2022 | finance.yahoo.comRexford Industrial Announces Dates for Fourth Quarter and Full Year 2022 Earnings Release and Conference CallDecember 20, 2022 | finance.yahoo.comTerreno Realty (TRNO) Sees Demand, Leases California AssetDecember 12, 2022 | finance.yahoo.comThis Irreplaceable REIT Just Raised Rents 83%December 7, 2022 | finance.yahoo.comHere's Why You Should Hold Prologis (PLD) Stock in Your KittyDecember 2, 2022 | seekingalpha.comRexford Industrial: Getting Ready To PounceDecember 1, 2022 | finance.yahoo.comTerreno Realty (TRNO) Buys Elizabeth Property, Boosts PortfolioNovember 22, 2022 | finance.yahoo.comDo You Think Rexford Industrial Realty (REXR) is a High Growth Company?November 21, 2022 | finance.yahoo.comRexford Industrial Receives Credit Rating Upgrade from FitchNovember 20, 2022 | seekingalpha.comAccessing More Dividend Yield From Rexford Industrial RealtyNovember 11, 2022 | finance.yahoo.comRexford Industrial Announces Pricing of Public Offering of 11,500,000 Shares of Common StockNovember 10, 2022 | finance.yahoo.comRexford Industrial Announces Public Offering of 11,500,000 Shares of Common StockOctober 30, 2022 | finance.yahoo.comRexford Industrial Realty (NYSE:REXR) stock performs better than its underlying earnings growth over last five yearsOctober 20, 2022 | seekingalpha.comRexford Industrial Realty, Inc. (REXR) Q3 2022 Results - Earnings Call TranscriptOctober 19, 2022 | finance.yahoo.comRexford Industrial (REXR) Q3 FFO and Revenues Top EstimatesOctober 19, 2022 | finance.yahoo.comREXFORD INDUSTRIAL ANNOUNCES THIRD QUARTER 2022 FINANCIAL RESULTSSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive REXR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Rexford Industrial Realty and its competitors with MarketBeat's FREE daily newsletter. Email Address REXR Company Calendar Last Earnings7/20/2022Ex-Dividend for 1/17 Dividend12/29/2022Dividend Payable1/17/2023Today2/08/2023Next Earnings (Confirmed)2/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:REXR Previous SymbolNASDAQ:REXR CUSIPN/A CIK1571283 Webwww.rexfordindustrial.com Phone(310) 966-1680Fax310-966-1690Employees186Year FoundedN/APrice Target and Rating Average Stock Price Forecast$69.33 High Stock Price Forecast$77.00 Low Stock Price Forecast$63.00 Forecasted Upside/Downside+8.2%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.93 Trailing P/E Ratio68.91 Forward P/E Ratio33.04 P/E Growth3.44Net Income$128.24 million Net Margins27.60% Pretax Margin29.18% Return on Equity2.91% Return on Assets2.10% Debt Debt-to-Equity Ratio0.30 Current Ratio0.44 Quick Ratio0.44 Sales & Book Value Annual Sales$452.24 million Price / Sales26.00 Cash Flow$1.76 per share Price / Cash Flow36.36 Book Value$32.42 per share Price / Book1.98Miscellaneous Outstanding Shares183,490,000Free Float181,291,000Market Cap$11.76 billion OptionableOptionable Beta0.85 Key ExecutivesMichael S. FrankelCo-Chief Executive Officer & DirectorHoward SchwimmerCo-Chief Executive Officer & DirectorLaura E. ClarkChief Financial OfficerPatrick SchlehuberExecutive Vice President-InvestmentStephen SwettHead-Investor RelationsKey CompetitorsBoston PropertiesNYSE:BXPAmerican Homes 4 RentNYSE:AMHRegency CentersNASDAQ:REGAnnaly Capital ManagementNYSE:NLYLamar AdvertisingNASDAQ:LAMRView All CompetitorsInsiders & InstitutionsRussell Investments Group Ltd.Bought 342,189 shares on 2/8/2023Ownership: 0.344%Arizona State Retirement SystemBought 3,427 shares on 2/8/2023Ownership: 0.026%Texas Permanent School FundBought 331 shares on 2/7/2023Ownership: 0.067%State Board of Administration of Florida Retirement SystemBought 700 shares on 2/7/2023Ownership: 0.056%IFP Advisors IncSold 253 shares on 2/7/2023Ownership: 0.003%View All Insider TransactionsView All Institutional Transactions REXR Stock - Frequently Asked Questions Should I buy or sell Rexford Industrial Realty stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rexford Industrial Realty in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" REXR shares. View REXR analyst ratings or view top-rated stocks. What is Rexford Industrial Realty's stock price forecast for 2023? 4 equities research analysts have issued twelve-month target prices for Rexford Industrial Realty's shares. Their REXR share price forecasts range from $63.00 to $77.00. On average, they predict the company's stock price to reach $69.33 in the next twelve months. This suggests a possible upside of 7.9% from the stock's current price. View analysts price targets for REXR or view top-rated stocks among Wall Street analysts. How have REXR shares performed in 2023? Rexford Industrial Realty's stock was trading at $54.64 on January 1st, 2023. Since then, REXR shares have increased by 17.6% and is now trading at $64.26. View the best growth stocks for 2023 here. Are investors shorting Rexford Industrial Realty? Rexford Industrial Realty saw a drop in short interest during the month of January. As of January 15th, there was short interest totaling 7,940,000 shares, a drop of 18.5% from the December 31st total of 9,740,000 shares. Based on an average daily trading volume, of 1,470,000 shares, the days-to-cover ratio is presently 5.4 days. View Rexford Industrial Realty's Short Interest. When is Rexford Industrial Realty's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 8th 2023. View our REXR earnings forecast. How can I listen to Rexford Industrial Realty's earnings call? Rexford Industrial Realty will be holding an earnings conference call on Thursday, February 9th at 1:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13734260". How were Rexford Industrial Realty's earnings last quarter? Rexford Industrial Realty, Inc. (NYSE:REXR) issued its earnings results on Wednesday, July, 20th. The real estate investment trust reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by $0.02. The real estate investment trust earned $149.12 million during the quarter, compared to the consensus estimate of $149.21 million. Rexford Industrial Realty had a trailing twelve-month return on equity of 2.91% and a net margin of 27.60%. The firm's revenue for the quarter was up 42.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.39 EPS. 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 19th. Shareholders of record on Friday, December 30th will be paid a dividend of $0.315 per share on Tuesday, January 17th. This represents a $1.26 annualized dividend and a dividend yield of 1.96%. The ex-dividend date is Thursday, December 29th. Read our dividend analysis for REXR. Is Rexford Industrial Realty a good dividend stock? Rexford Industrial Realty (NYSE:REXR) pays an annual dividend of $1.26 per share and currently has a dividend yield of 1.96%. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 135.48%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, REXR will have a dividend payout ratio of 58.88% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for REXR. What is Howard Schwimmer & Michael S. Frankel's approval rating as Rexford Industrial Realty's CEO? 20 employees have rated Rexford Industrial Realty Chief Executive Officer Howard Schwimmer & Michael S. Frankel on Glassdoor.com. Howard Schwimmer & Michael S. Frankel has an approval rating of 66% among the company's employees. 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), Biogen (BIIB), Gilead Sciences (GILD), NVIDIA (NVDA) and Bioverativ (BIVV). 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 many different institutional and retail investors. Top institutional shareholders include Daiwa Securities Group Inc. (1.39%), Allspring Global Investments Holdings LLC (0.99%), Lasalle Investment Management Securities LLC (0.90%), Sumitomo Mitsui Trust Holdings Inc. (0.82%), Ceredex Value Advisors LLC (0.82%) and Aew Capital Management L P (0.49%). Insiders that own company stock include Adeel Khan, David E Lanzer, David E Lanzer, Howard Schwimmer, Michael S Frankel, Michael S Frankel, Richard S Ziman and Steven C Good. View institutional ownership trends. How do I buy shares of Rexford Industrial Realty? Shares of REXR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Rexford Industrial Realty's stock price today? One share of REXR stock can currently be purchased for approximately $64.26. How much money does Rexford Industrial Realty make? Rexford Industrial Realty (NYSE:REXR) has a market capitalization of $11.79 billion and generates $452.24 million in revenue each year. The real estate investment trust earns $128.24 million in net income (profit) each year or $0.93 on an earnings per share basis. How many employees does Rexford Industrial Realty have? The company employs 186 workers across the globe. How can I contact Rexford Industrial Realty? Rexford Industrial Realty's mailing address is 11620 WILSHIRE BOULEVARD SUITE 1000, LOS ANGELES CA, 90025. The official website for the company is www.rexfordindustrial.com. The real estate investment trust can be reached via phone at (310) 966-1680, via email at investorrelations@rexfordindustrial.com, or via fax at 310-966-1690. This page (NYSE:REXR) was last updated on 2/8/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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