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.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Phone310-966-1680
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$212.49 million
Profitability
Miscellaneous
Employees108
Next Earnings Date10/29/2019 (Estimated)
OptionableOptionable
Rexford Industrial Realty (NYSE:REXR) Frequently Asked Questions
What is Rexford Industrial Realty's stock symbol?
Rexford Industrial Realty trades on the New York Stock Exchange (NYSE) under the ticker symbol "REXR."
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, July 29th. Investors of record on Monday, September 30th will be paid a dividend of $0.185 per share on Tuesday, October 15th. This represents a $0.74 dividend on an annualized basis and a yield of 1.68%. The ex-dividend date is Friday, September 27th. View Rexford Industrial Realty's Dividend History.
How were Rexford Industrial Realty's earnings last quarter?
Rexford Industrial Realty Inc (NYSE:REXR) announced its quarterly earnings results on Tuesday, July, 30th. The real estate investment trust reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.29 by $0.17. The real estate investment trust had revenue of $63.60 million for the quarter, compared to analysts' expectations of $63.33 million. Rexford Industrial Realty had a return on equity of 2.63% and a net margin of 21.02%. The business's revenue for the quarter was up 23.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.27 earnings per share. View Rexford Industrial Realty's Earnings History.
When is Rexford Industrial Realty's next earnings date?
What guidance has Rexford Industrial Realty issued on next quarter's earnings?
Rexford Industrial Realty issued an update on its FY19 earnings guidance on Tuesday, July, 30th. The company provided EPS guidance of $1.19-1.21 for the period, compared to the Thomson Reuters consensus estimate of $1.21.
What price target have analysts set for REXR?
3 analysts have issued 1-year price objectives for Rexford Industrial Realty's stock. Their forecasts range from $37.00 to $46.00. On average, they expect Rexford Industrial Realty's stock price to reach $41.50 in the next year. This suggests that the stock has a possible downside of 5.9%. View Analyst Price Targets for Rexford Industrial Realty.
What is the consensus analysts' recommendation for 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.
Has Rexford Industrial Realty been receiving favorable news coverage?
Media coverage about REXR stock has trended negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Rexford Industrial Realty earned a coverage optimism score of -2.9 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for Rexford Industrial Realty.
Who are some of Rexford Industrial Realty's key competitors?
Some companies that are related to Rexford Industrial Realty include Alexandria Real Estate Equities (ARE), HCP (HCP), WP Carey (WPC), Extra Space Storage (EXR), Mid-America Apartment Communities (MAA), UDR (UDR), Sun Communities (SUI), ANNALY CAP MGMT/SH (NLY), Host Hotels and Resorts (HST), Equity Lifestyle Properties (ELS), Vornado Realty Trust (VNO), Duke Realty (DRE), Gecina (GECFF), Regency Centers (REG) and Camden Property Trust (CPT).
What other stocks do shareholders of Rexford Industrial Realty own?
Who are Rexford Industrial Realty's key executives?
Rexford Industrial Realty's management team includes the folowing 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.
Who are Rexford Industrial Realty's major shareholders?
Rexford Industrial Realty's stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (13.58%), BlackRock Inc. (10.24%), BlackRock Inc. (10.24%), Nuveen Asset Management LLC (5.63%), PGGM Investments (4.33%) and Price T Rowe Associates Inc. MD (3.27%). Company insiders that own Rexford Industrial Realty stock include Adeel Khan, David E Lanzer, Howard Schwimmer and Richard S Ziman. 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 Renaissance Technologies LLC, First Foundation Advisors, Carlson Capital L P, D. E. Shaw & Co. Inc., Balyasny Asset Management LLC, JPMorgan Chase & Co., AMP Capital Investors Ltd and Wells Fargo & Company MN. Company insiders that have sold Rexford Industrial Realty company stock in the last year include Adeel Khan, David E Lanzer and Howard Schwimmer. View Insider Buying and Selling for Rexford Industrial Realty.
Which major investors are buying Rexford Industrial Realty stock?
REXR stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Price T Rowe Associates Inc. MD, Invesco Ltd., Vanguard Group Inc., Centersquare Investment Management LLC, BlackRock Inc., BlackRock Inc. and Teachers Insurance & Annuity Association of America. View Insider Buying and Selling 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 $44.12.
How big of a company is Rexford Industrial Realty?
Rexford Industrial Realty has a market capitalization of $4.84 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.
What is Rexford Industrial Realty's official website?
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)
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.
