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

Rexford Industrial Realty's stock was trading at $42.83 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, REXR stock has decreased by 13.1% and is now trading at $37.24. View which stocks have been mosted impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rexford Industrial Realty in the last year. There are currently 2 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, May 5th 2020. View our earnings forecast for Rexford Industrial Realty.

Rexford Industrial Realty Inc (NYSE:REXR) announced its quarterly earnings data on Tuesday, February, 11th. The real estate investment trust reported $0.18 EPS for the quarter, missing analysts' consensus estimates of $0.31 by $0.13. The real estate investment trust had revenue of $74.40 million for the quarter, compared to the consensus estimate of $71.31 million. Rexford Industrial Realty had a return on equity of 2.81% and a net margin of 23.19%. View Rexford Industrial Realty's earnings history.

Rexford Industrial Realty declared a quarterly dividend on Monday, February 10th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.215 per share on Wednesday, April 15th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 2.31%. The ex-dividend date of this dividend is Monday, March 30th. This is an increase from Rexford Industrial Realty's previous quarterly dividend of $0.19. View Rexford Industrial Realty's dividend history.

Rexford Industrial Realty issued an update on its FY20 earnings guidance on Tuesday, February, 11th. The company provided earnings per share guidance of $1.30-1.32 for the period, compared to the Thomson Reuters consensus estimate of $1.34.

3 brokers have issued 12 month target prices for Rexford Industrial Realty's stock. Their forecasts range from $46.00 to $49.00. On average, they anticipate Rexford Industrial Realty's stock price to reach $47.33 in the next twelve months. This suggests a possible upside of 27.1% from the stock's current price. View analysts' price targets for Rexford Industrial Realty.

News headlines about REXR stock have been trending very negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Rexford Industrial Realty earned a coverage optimism score of -3.3 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 near term. View the latest news aboutRexford Industrial Realty.

Some companies that are related to Rexford Industrial Realty include Simon Property Group (SPG), Realty Income (O), Alexandria Real Estate Equities (ARE), Essex Property Trust (ESS), Boston Properties (BXP), Weyerhaeuser (WY), Extra Space Storage (EXR), HCP (HCP), Duke Realty (DRE), Mid-America Apartment Communities (MAA), Sun Communities (SUI), UDR (UDR), Equity Lifestyle Properties (ELS), WP Carey (WPC) and Ventas (VTR).

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

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 $37.24.

Rexford Industrial Realty has a market capitalization of $4.24 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. 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]