NYSE:REXRRexford Industrial Realty Stock Price, Forecast & News

Rexford Industrial Realty's stock was trading at $42.83 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, REXR stock has decreased by 6.3% and is now trading at $40.13. 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, August 4th 2020. View our earnings forecast for Rexford Industrial Realty.

Rexford Industrial Realty Inc (NYSE:REXR) announced its quarterly earnings results on Monday, May, 4th. The real estate investment trust reported $0.09 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 return on equity of 2.82% and a net margin of 23.20%. The business's revenue was up 28.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.30 earnings per share. View Rexford Industrial Realty's earnings history.

Rexford Industrial Realty declared a quarterly dividend on Monday, May 4th. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.215 per share on Wednesday, July 15th. This represents a $0.86 dividend on an annualized basis and a yield of 2.14%. 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 brokers have issued twelve-month price targets for Rexford Industrial Realty's shares. Their forecasts range from $40.00 to $49.00. On average, they anticipate Rexford Industrial Realty's stock price to reach $43.75 in the next year. This suggests a possible upside of 9.0% from the stock's current price. View analysts' price targets for Rexford Industrial Realty.

News headlines about REXR stock have trended very negative recently, according to InfoTrie Sentiment Analysis. The research group ranks 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 closest to five being the most favorable. Rexford Industrial Realty earned a news sentiment score of -3.0 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutRexford Industrial Realty.

Some companies that are related to Rexford Industrial Realty include Weyerhaeuser (WY), Essex Property Trust (ESS), Ventas (VTR), Boston Properties (BXP), Mid-America Apartment Communities (MAA), Sun Communities (SUI), Duke Realty (DRE), Extra Space Storage (EXR), HCP (HCP), Equity Lifestyle Properties (ELS), WP Carey (WPC), UDR (UDR), Medical Properties Trust (MPW), VICI Properties (VICI) and ANNALY CAP MGMT/SH (NLY). 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 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.

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.

REXR stock was bought 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.

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 $40.13.

Rexford Industrial Realty has a market capitalization of $4.67 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]