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

$39.29
+0.71 (+1.84 %)
(As of 03/29/2020 05:02 AM ET)
Today's Range
$36.93
Now: $39.29
$40.75
50-Day Range
$33.95
MA: $46.14
$53.35
52-Week Range
$31.79
Now: $39.29
$53.48
Volume1.07 million shs
Average Volume1.19 million shs
Market Capitalization$4.48 billion
P/E Ratio83.60
Dividend Yield1.92%
Beta0.77
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

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$4.48 billion
Next Earnings Date5/5/2020 (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 COVID-19 reached pandemic status according to the World Health Organization. Since then, REXR stock has decreased by 8.3% and is now trading at $39.29. View which stocks have been mosted 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 2 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, May 5th 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, February, 11th. The real estate investment trust reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.31 by $0.13. The real estate investment trust earned $74.40 million during the quarter, compared to analyst estimates 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.

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, February 10th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.215 per share on Wednesday, April 15th. This represents a $0.86 annualized dividend and a dividend yield of 2.19%. The ex-dividend date is Monday, March 30th. This is a boost from Rexford Industrial Realty's previous quarterly dividend of $0.19. 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 Tuesday, February, 11th. The company provided earnings per share (EPS) guidance of $1.30-1.32 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.34.

What price target have analysts set for REXR?

3 brokers have issued twelve-month price targets for Rexford Industrial Realty's shares. 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 20.5% from the stock's current price. View analysts' price targets for Rexford Industrial Realty.

Has Rexford Industrial Realty been receiving favorable news coverage?

Media coverage about REXR stock has been trending somewhat positive on Sunday, according to InfoTrie. The research group identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of 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 1.2 on InfoTrie's scale. They also assigned headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. 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), Starbucks (SBUX), Walt Disney (DIS), Bristol-Myers Squibb (BMY), Biogen (BIIB), Gilead Sciences (GILD), Bioverativ (BIVV) and Altria Group (MO).

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 institutional and retail investors. Top institutional investors include PGGM Investments (7.04%), Nuveen Asset Management LLC (4.39%), Principal Financial Group Inc. (4.27%), State Street Corp (4.07%), Geode Capital Management LLC (1.70%) and Charles Schwab Investment Management Inc. (1.67%). 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 Nuveen Asset Management LLC, Massachusetts Financial Services Co. MA, FIL Ltd, Goldman Sachs Group Inc., State Street Corp, Bank of America Corp DE, Schroder Investment Management Group, and Victory Capital Management Inc.. 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 purchased by a variety of institutional investors in the last quarter, including PGGM Investments, Norges Bank, Alliancebernstein L.P., Russell Investments Group Ltd., Panagora Asset Management Inc., Jaguar Listed Property LLC, California Public Employees Retirement System, and American Assets Capital Advisers 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 $39.29.

How big of a company is Rexford Industrial Realty?

Rexford Industrial Realty has a market capitalization of $4.48 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.

What is Rexford Industrial Realty's official website?

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


MarketBeat Community Rating for Rexford Industrial Realty (NYSE REXR)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  276 (Vote Outperform)
Underperform Votes:  225 (Vote Underperform)
Total Votes:  501
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.
This page was last updated on 3/29/2020 by MarketBeat.com Staff

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