NYSE:REXR - Rexford Industrial Realty Stock Price, Forecast & News

Rexford Industrial Realty trades on the New York Stock Exchange (NYSE) under the ticker symbol "REXR."

Rexford Industrial Realty declared a quarterly dividend on Monday, October 28th. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.185 per share on Wednesday, January 15th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 1.54%. The ex-dividend date is Monday, December 30th. View Rexford Industrial Realty's Dividend History.

Rexford Industrial Realty Inc (NYSE:REXR) posted its quarterly earnings results on Tuesday, October, 29th. The real estate investment trust reported $0.31 EPS for the quarter, beating analysts' consensus estimates of $0.30 by $0.01. The real estate investment trust earned $68.06 million during the quarter, compared to analysts' expectations of $67.50 million. Rexford Industrial Realty had a return on equity of 2.61% and a net margin of 21.32%. Rexford Industrial Realty's quarterly revenue was up 23.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.28 earnings per share. View Rexford Industrial Realty's Earnings History.

Rexford Industrial Realty is scheduled to release their next quarterly earnings announcement on Tuesday, February 11th 2020. View Earnings Estimates for Rexford Industrial Realty.

Rexford Industrial Realty issued an update on its FY19 earnings guidance on Tuesday, October, 29th. The company provided EPS guidance of $1.20-1.22 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.22.

4 brokerages have issued 1-year price targets for Rexford Industrial Realty's shares. Their forecasts range from $37.00 to $47.00. On average, they expect Rexford Industrial Realty's share price to reach $44.25 in the next year. This suggests that the stock has a possible downside of 7.7%. View Analyst Price Targets for 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.

Media headlines about REXR stock have trended negative this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative 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 positive five, with scores nearest to five being the most favorable. Rexford Industrial Realty earned a news sentiment score of -2.3 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Rexford Industrial Realty.

Some companies that are related to Rexford Industrial Realty include Essex Property Trust (ESS), Alexandria Real Estate Equities (ARE), HCP (HCP), Mid-America Apartment Communities (MAA), WP Carey (WPC), Extra Space Storage (EXR), Sun Communities (SUI), ANNALY CAP MGMT/SH (NLY), UDR (UDR), Equity Lifestyle Properties (ELS), Duke Realty (DRE), Vornado Realty Trust (VNO), Host Hotels and Resorts (HST), VICI Properties (VICI) and Medical Properties Trust (MPW).

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), Starbucks (SBUX), Walt Disney (DIS), Bristol-Myers Squibb (BMY), Biogen (BIIB), Gilead Sciences (GILD), Bioverativ (BIVV) and Altria Group (MO).

Rexford Industrial Realty's stock is owned by many different of retail and institutional investors. Top institutional shareholders include PGGM Investments (7.04%), Artemis Investment Management LLP (0.24%), Brasada Capital Management LP (0.16%), Nisa Investment Advisors LLC (0.03%), State of Alaska Department of Revenue (0.03%) and Zurcher Kantonalbank Zurich Cantonalbank (0.02%). Company insiders that own Rexford Industrial Realty stock include Adeel Khan, David E Lanzer, Howard Schwimmer, Michael S Frankel and Richard S Ziman. View Institutional Ownership Trends for Rexford Industrial Realty.

REXR stock was sold by a variety of institutional investors in the last quarter, including NEXT Financial Group Inc, Zurcher Kantonalbank Zurich Cantonalbank 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 and Michael S Frankel. View Insider Buying and Selling for Rexford Industrial Realty.

REXR stock was purchased by a variety of institutional investors in the last quarter, including PGGM Investments, State of Alaska Department of Revenue, Nisa Investment Advisors LLC and Artemis Investment Management LLP. View Insider Buying and Selling 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 $47.94.

Rexford Industrial Realty has a market capitalization of $5.32 billion and generates $212.49 million in revenue each year. The real estate investment trust earns $46.21 million in net income (profit) each year or $1.12 on an earnings per share basis. Rexford Industrial Realty employs 108 workers across the globe.View Additional Information About Rexford Industrial Realty.

The official website for Rexford Industrial Realty is http://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]