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. $57.35 +1.02 (+1.81%) (As of 03/29/2023 12:00 AM ET) Add Compare Share Share Today's Range$56.74▼$57.5050-Day Range$54.29▼$66.2452-Week Range$48.74▼$84.68Volume800,478 shsAverage Volume1.32 million shsMarket Capitalization$11.28 billionP/E Ratio62.34Dividend Yield2.20%Price Target$69.33 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Rexford Industrial Realty MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside20.9% Upside$69.33 Price TargetShort InterestHealthy1.65% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.10Upright™ Environmental ScoreNews Sentiment1.01Based on 4 Articles This WeekInsider TradingSelling Shares$975,808 Sold Last QuarterProj. Earnings Growth14.35%From $2.16 to $2.47 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.2.82 out of 5 starsFinance Sector224th out of 892 stocksReal Estate Investment Trusts Industry44th out of 192 stocks 2.4 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 20.9% from its current price of $57.35.Amount of Analyst CoverageRexford Industrial Realty has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.65% 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 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Rexford Industrial Realty has recently decreased by 20.00%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldRexford Industrial Realty pays a meaningful dividend of 2.25%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthRexford Industrial Realty has been increasing its dividend for 7 years.Dividend CoverageThe dividend payout ratio of Rexford Industrial Realty is 136.96%. 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 51.01% 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 3.3 News and Social Media Coverage News SentimentRexford Industrial Realty has a news sentiment score of 1.01. 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 0.58 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Rexford Industrial Realty this week, compared to 2 articles on an average week.Search Interest5 people have searched for REXR on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Rexford Industrial Realty to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 2.5 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 $975,808.00 in 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 14.35% in the coming year, from $2.16 to $2.47 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Rexford Industrial Realty is 62.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.71.Price to Earnings Ratio vs. SectorThe P/E ratio of Rexford Industrial Realty is 62.34, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 143.35.Price to Earnings Growth RatioRexford Industrial Realty has a PEG Ratio of 3.35. 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 1.56. 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. It engages in owning and operating industrial properties in infill markets. The company was founded by Richard S. Ziman 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 HeadlinesMarch 29, 2023 | americanbankingnews.comRexford Industrial Realty, Inc. (NYSE:REXR) Raises Dividend to $0.38 Per ShareMarch 28, 2023 | finance.yahoo.comRexford Industrial Announces Pricing of $300 Million of 5.000% Senior Unsecured Notes due 2028March 29, 2023 | Weiss Ratings (Ad)Fed's Shocking New Plan to Control Your MoneyThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. March 16, 2023 | finance.yahoo.comRexford Industrial Announces Dates for First Quarter 2023 Earnings Release and Conference CallMarch 3, 2023 | finance.yahoo.comRexford Industrial to Present at the Citi 2023 Global Property CEO ConferenceMarch 2, 2023 | finance.yahoo.comThis Industrial REIT Is Living the California DreamFebruary 27, 2023 | msn.comGolden Cross Appears Before Rexford Industrial Realty InvestorsFebruary 23, 2023 | nasdaq.comInteresting REXR Put And Call Options For October 20thMarch 29, 2023 | Weiss Ratings (Ad)Fed's Shocking New Plan to Control Your MoneyThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. February 21, 2023 | markets.businessinsider.comJ.P. Morgan Keeps Their Buy Rating on Rexford Industrial Realty (REXR)February 15, 2023 | finance.yahoo.comRexford Industrial Realty Full Year 2022 Earnings: In Line With ExpectationsFebruary 13, 2023 | finance.yahoo.com3 Excellent Dividend Stocks With Double-Digit Growth RatesFebruary 9, 2023 | finanznachrichten.deRexford Industrial Realty, Inc.: Rexford Industrial Announces Fourth Quarter and Full Year 2022 Financial ResultsFebruary 8, 2023 | markets.businessinsider.comAnalysts Conflicted on These Financial Names: Alexandria Equities (ARE), Canadian Bank of Commerce (CM) and Rexford Industrial Realty (REXR)February 8, 2023 | finance.yahoo.comRexford Industrial (REXR) Tops Q4 FFO and Revenue EstimatesFebruary 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 6, 2023 | msn.comBMO initiates Rexford Industrial at Outperform as SoCal focus to drive long-term growthJanuary 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 ActivityJanuary 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 KittySee 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 Payable1/17/2023Today3/29/2023Ex-Dividend for 4/17 Dividend3/30/2023Dividend Payable4/17/2023Next Earnings (Confirmed)4/19/2023Fiscal 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+20.9%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.92 Trailing P/E Ratio62.34 Forward P/E Ratio26.55 P/E Growth3.35Net Income$167.58 million Net Margins26.55% Pretax Margin28.07% Return on Equity2.78% Return on Assets2.01% Debt Debt-to-Equity Ratio0.29 Current Ratio0.53 Quick Ratio0.53 Sales & Book Value Annual Sales$631.20 million Price / Sales17.87 Cash Flow$1.88 per share Price / Cash Flow30.53 Book Value$36.88 per share Price / Book1.56Miscellaneous Outstanding Shares196,730,000Free Float194,373,000Market Cap$11.28 billion OptionableOptionable Beta0.83 Key ExecutivesMichael S. FrankelCo-Chief Executive Officer & DirectorHoward SchwimmerCo-Chief Executive Officer & DirectorLaura E. ClarkChief Financial OfficerPatrick SchlehuberChief Investment OfficerAric ChangSenior VP-Investor Relations & Capital MarketsKey CompetitorsHost Hotels & ResortsNYSE:HSTCamden Property TrustNYSE:CPTKimco RealtyNYSE:KIMAmerican Homes 4 RentNYSE:AMHLife StorageNYSE:LSIView All CompetitorsInsiders & InstitutionsDavid E. LanzerSold 16,778 sharesTotal: $975,808.48 ($58.16/share)Voya Investment Management LLCBought 1,298 shares on 2/28/2023Ownership: 0.015%Trust Investment AdvisorsBought 6,404 shares on 2/28/2023Ownership: 0.003%NatixisSold 94,000 shares on 2/24/2023Ownership: 0.025%Teachers Retirement System of The State of KentuckySold 6,502 shares on 2/22/2023Ownership: 0.033%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 research 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 research 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 1-year price targets for Rexford Industrial Realty's stock. Their REXR share price forecasts range from $63.00 to $77.00. On average, they expect the company's stock price to reach $69.33 in the next twelve months. This suggests a possible upside of 21.5% 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 at the beginning of 2023. Since then, REXR shares have increased by 4.4% and is now trading at $57.05. View the best growth stocks for 2023 here. Are investors shorting Rexford Industrial Realty? Rexford Industrial Realty saw a decline in short interest during the month of March. As of March 15th, there was short interest totaling 3,240,000 shares, a decline of 20.0% from the February 28th total of 4,050,000 shares. Based on an average trading volume of 1,290,000 shares, the days-to-cover ratio is currently 2.5 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, April 19th 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, April 20th 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 "13734481". How were Rexford Industrial Realty's earnings last quarter? Rexford Industrial Realty, Inc. (NYSE:REXR) issued its quarterly earnings data on Wednesday, July, 20th. The real estate investment trust reported $0.22 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 net margin of 26.55% and a trailing twelve-month return on equity of 2.78%. The firm's revenue for the quarter was up 42.9% compared to the same quarter last year. During the same period in the prior 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, February 8th. Stockholders of record on Friday, March 31st will be given a dividend of $0.38 per share on Monday, April 17th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.66%. The ex-dividend date of this dividend is Thursday, March 30th. This is a positive change from the stock's previous quarterly dividend of $0.32. Read our dividend analysis for REXR. What ETFs hold Rexford Industrial Realty's stock? ETFs with the largest weight of Rexford Industrial Realty (NYSE:REXR) stock in their portfolio include Principal Real Estate Active Opportunities ETF (BYRE), Pacer Industrial Real Estate ETF (INDS), Janus Henderson U.S. Real Estate ETF (JRE), SP Funds S&P Global REIT Sharia ETF (SPRE), WisdomTree New Economy Real Estate Fund (WTRE), ALPS Active REIT ETF (REIT), IQ CBRE NextGen Real Estate ETF (ROOF) and Invesco Real Assets ESG ETF (IVRA). 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 2.25%. The company has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 136.96%. 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 51.01% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for REXR. What guidance has Rexford Industrial Realty issued on next quarter's earnings? Rexford Industrial Realty issued an update on its FY 2023 earnings guidance on Wednesday, February, 8th. The company provided EPS guidance of $2.08-$2.12 for the period. The company issued revenue guidance of -. 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 a number of institutional and retail investors. Top institutional investors include Principal Financial Group Inc. (7.16%), Price T Rowe Associates Inc. MD (5.69%), Norges Bank (2.83%), Resolution Capital Ltd (2.18%), JPMorgan Chase & Co. (1.92%) and Geode Capital Management LLC (1.54%). Insiders that own company stock include David E Lanzer, David E Lanzer, Howard Schwimmer, Michael S Frankel and Michael S Frankel. 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 $57.05. How much money does Rexford Industrial Realty make? Rexford Industrial Realty (NYSE:REXR) has a market capitalization of $11.22 billion and generates $631.20 million in revenue each year. The real estate investment trust earns $167.58 million in net income (profit) each year or $0.92 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 3/29/2023 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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