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MSFT   183.34 (-1.09%)
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NYSE:REXRRexford Industrial Realty Stock Price, Forecast & News

$40.89
-0.91 (-2.18 %)
(As of 06/4/2020 12:40 PM ET)
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Today's Range
$40.88
Now: $40.89
$41.85
50-Day Range
$37.07
MA: $39.76
$44.48
52-Week Range
$31.79
Now: $40.89
$53.48
Volume28,844 shs
Average Volume1.12 million shs
Market Capitalization$4.76 billion
P/E Ratio85.19
Dividend Yield2.14%
Beta0.66
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.
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Rexford Industrial Realty logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.1Community Rank: 2.7Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.76 out of 5 stars


Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Previous SymbolNASDAQ:REXR
CUSIPN/A
Phone310-966-1680

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$267.21 million
Cash Flow$1.42 per share
Book Value$21.46 per share

Profitability

Net Income$61.98 million

Miscellaneous

Employees108
Market Cap$4.76 billion
Next Earnings Date8/4/2020 (Estimated)
OptionableOptionable

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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 (WHO). Since then, REXR shares have decreased by 4.5% and is now trading at $40.89. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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.

When is Rexford Industrial Realty's next earnings date?

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.

How were Rexford Industrial Realty's earnings last quarter?

Rexford Industrial Realty Inc (NYSE:REXR) released its earnings results on Monday, May, 4th. The real estate investment trust reported $0.09 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.32 by $0.23. The real estate investment trust earned $77.68 million during the quarter, compared to analysts' expectations of $76.91 million. Rexford Industrial Realty had a net margin of 23.20% and a return on equity of 2.82%. The business's revenue for the quarter was up 28.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.30 earnings per share. 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 declared a quarterly dividend on Monday, May 4th. Investors 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 2.10%. The ex-dividend date is Monday, June 29th. View Rexford Industrial Realty's dividend history.

What guidance has Rexford Industrial Realty issued on next quarter's earnings?

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 estimate of $1.30.

What price target have analysts set for REXR?

4 Wall Street analysts have issued 12-month target prices for Rexford Industrial Realty's shares. Their forecasts range from $40.00 to $49.00. On average, they expect Rexford Industrial Realty's stock price to reach $43.75 in the next twelve months. This suggests a possible upside of 7.0% from the stock's current price. View analysts' price targets for Rexford Industrial Realty.

Has Rexford Industrial Realty been receiving favorable news coverage?

Press coverage about REXR stock has trended very negative on Thursday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. 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 daily sentiment score of -3.2 on InfoTrie's scale. They also assigned media stories about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next few days. View the latest news aboutRexford Industrial Realty.

Who are some of Rexford Industrial Realty's key 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 shareholders 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.

Which major investors are selling Rexford Industrial Realty stock?

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.

Which major investors are buying Rexford Industrial Realty stock?

REXR stock was acquired 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.

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 $40.89.

How big of a company is Rexford Industrial Realty?

Rexford Industrial Realty has a market capitalization of $4.76 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 6/4/2020 by MarketBeat.com Staff

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