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 $47.90 +0.57 (+1.20 %) (As of 08/7/2020 04:00 PM ET) Add Compare Share Today's Range$47.08Now: $47.90▼$48.1250-Day Range$39.72MA: $42.64▼$47.7952-Week Range$31.79Now: $47.90▼$53.48Volume1.56 million shsAverage Volume2.39 million shsMarket Capitalization$5.93 billionP/E Ratio104.13Dividend Yield1.80%Beta0.7 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™ 1.0 Analyst's Opinion Consensus RatingRexford Industrial Realty has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $43.00, Rexford Industrial Realty has a potential downside of 10.2% from its current price of $47.90.Amount of Analyst CoverageRexford Industrial Realty has received no research coverage in the past 90 days. Previous Next 2.7 Community Rank Outperform VotesRexford Industrial Realty has received 283 “outperform” votes. (Add your “outperform” vote.)Underperform VotesRexford Industrial Realty has received 232 “underperform” votes. (Add your “underperform” vote.)Community SentimentRexford Industrial Realty has received 54.95% “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 2.5 Dividend Strength Dividend YieldRexford Industrial Realty pays a meaningful dividend of 1.80%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthRexford Industrial Realty has only been increasing its dividend for 3 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 $3,134,855.00 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 2.34% in the coming year, from $1.28 to $1.31 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Rexford Industrial Realty is 104.13, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.02.Price to Earnings Ratio vs. SectorThe P/E ratio of Rexford Industrial Realty is 104.13, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 17.78.Price to Earnings Growth RatioRexford Industrial Realty has a PEG Ratio of 8.93. 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 2.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.0Community Rank: 2.7Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.57 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 Ratio0.32 Current Ratio7.69 Quick Ratio7.69Price-To-Earnings Trailing P/E Ratio104.13 Forward P/E Ratio37.42 P/E Growth8.93 Sales & Book Value Annual Sales$267.21 million Price / Sales22.19 Cash Flow$1.39 per share Price / Cash Flow34.42 Book Value$22.81 per share Price / Book2.10Profitability EPS (Most Recent Fiscal Year)$1.23 Net Income$61.98 million Net Margins21.93% Return on Equity2.64% Return on Assets1.74%Miscellaneous Employees108 Outstanding Shares123,790,000Market Cap$5.93 billion Next Earnings Date11/3/2020 (Estimated) OptionableOptionable $47.90 +0.57 (+1.20 %) (As of 08/7/2020 04:00 PM ET) 30 days | 90 days | 365 days | Advanced Chart 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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, REXR stock has increased by 11.8% and is now trading at $47.90. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of 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 3 hold ratings 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, November 3rd 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 earnings results on Tuesday, July, 21st. The real estate investment trust reported $0.10 EPS for the quarter, missing the Zacks' consensus estimate of $0.32 by $0.22. The real estate investment trust earned $79.95 million during the quarter, compared to analysts' expectations of $78.22 million. Rexford Industrial Realty had a net margin of 21.93% and a return on equity of 2.64%. 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, July 20th. Investors of record on Wednesday, September 30th will be paid a dividend of $0.215 per share on Thursday, October 15th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.80%. The ex-dividend date of this dividend is Tuesday, September 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 FY 2020 After-Hours earnings guidance on Tuesday, July, 21st. The company provided earnings per share guidance of 1.26-1.29 for the period. What price target have analysts set for REXR? 3 analysts have issued twelve-month price targets for Rexford Industrial Realty's shares. Their forecasts range from $40.00 to $49.00. On average, they expect Rexford Industrial Realty's share price to reach $43.00 in the next twelve months. This suggests that the stock has a possible downside of 10.2%. View analysts' price targets for Rexford Industrial Realty. Has Rexford Industrial Realty been receiving favorable news coverage? News stories about REXR stock have been trending somewhat positive recently, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Rexford Industrial Realty earned a media sentiment score of 1.3 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news about Rexford Industrial Realty. Who are some of Rexford Industrial Realty's key competitors? Some companies that are related to Rexford Industrial Realty include Alexandria Real Estate Equities (ARE), AvalonBay Communities (AVB), Realty Income (O), Weyerhaeuser (WY), Equity Residential (EQR), Simon Property Group (SPG), Ventas (VTR), Duke Realty (DRE), Sun Communities (SUI), Essex Property Trust (ESS), HCP (HCP), Boston Properties (BXP), Extra Space Storage (EXR), Mid-America Apartment Communities (MAA) and WP Carey (WPC). 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 Principal Financial Group Inc. (6.68%), PGGM Investments (6.81%), Aew Capital Management L P (1.63%), Russell Investments Group Ltd. (0.90%), Duff & Phelps Investment Management Co. (0.56%) and Timbercreek Investment Management Inc. (0.45%). 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 major investors are selling Rexford Industrial Realty stock? REXR stock was sold by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, UBS Group AG, First Quadrant L P CA, Mackay Shields LLC, First Trust Advisors LP, Jaguar Listed Property LLC, Russell Investments Group Ltd., and Brasada Capital Management LP. 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 major investors are buying Rexford Industrial Realty stock? REXR stock was acquired by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., PGGM Investments, Great Lakes Advisors LLC, Aew Capital Management L P, Manning & Napier Group LLC, Colony Capital Inc., Quantitative Systematic Strategies LLC, and Hill Winds Capital LP. 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 $47.90. How big of a company is Rexford Industrial Realty? Rexford Industrial Realty has a market capitalization of $5.93 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 8/9/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
