NYSE:RXN - Rexnord Stock Price, Price Target & More

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

Rexnord Corp (NYSE:RXN) released its quarterly earnings results on Monday, May, 14th. The industrial products company reported $0.42 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.39 by $0.03. The industrial products company earned $575 million during the quarter, compared to analyst estimates of $552.47 million. Rexnord had a return on equity of 13.38% and a net margin of 3.67%. The business's revenue for the quarter was up 14.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.35 EPS. View Rexnord's Earnings History.

Rexnord is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Rexnord.

8 brokerages have issued twelve-month price objectives for Rexnord's stock. Their forecasts range from $27.00 to $33.00. On average, they anticipate Rexnord's stock price to reach $30.50 in the next twelve months. View Analyst Ratings for Rexnord.

Some companies that are related to Rexnord include Zebra Technologies (ZBRA), Gardner Denver (GDI), Gates Industrial (GTES), IMI (IMIAY), Twin Disc (TWIN) and Graham (GHM).

News coverage about RXN stock has trended somewhat positive on Thursday, according to Accern. The research group identifies negative and positive media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Rexnord earned a news sentiment score of 0.13 on Accern's scale. They also gave media stories about the industrial products company an impact score of 45.84 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Rexnord's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.30%), Dimensional Fund Advisors LP (2.66%), Wells Fargo & Company MN (1.98%), Lord Abbett & CO. LLC (1.43%), State of New Jersey Common Pension Fund D (1.31%) and Northern Trust Corp (1.22%). Company insiders that own Rexnord stock include Craig Wehr, David C Longren, Michael Troutman and Todd A Adams. View Institutional Ownership Trends for Rexnord.

RXN stock was sold by a variety of institutional investors in the last quarter, including Water Asset Management LLC, Millennium Management LLC, State of New Jersey Common Pension Fund D, Amundi Pioneer Asset Management Inc., Interval Partners LP, Skyline Asset Management LP, Broadview Advisors LLC and KBC Group NV. View Insider Buying and Selling for Rexnord.

RXN stock was acquired by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Cortina Asset Management LLC, Wells Fargo & Company MN, BlackRock Inc., Rothschild Asset Management Inc., Crescent Grove Advisors LLC, ClariVest Asset Management LLC and King Luther Capital Management Corp. Company insiders that have bought Rexnord stock in the last two years include Craig Wehr and David C Longren. View Insider Buying and Selling for Rexnord.

Shares of RXN 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, Scottrade, Fidelity and Charles Schwab.

One share of RXN stock can currently be purchased for approximately $29.74.

Rexnord has a market capitalization of $3.09 billion and generates $2.07 billion in revenue each year. The industrial products company earns $75.90 million in net income (profit) each year or $1.39 on an earnings per share basis. Rexnord employs 8,300 workers across the globe.

Rexnord's mailing address is 247 FRESHWATER WAY SUITE 300, MILWAUKEE WI, 53204. The industrial products company can be reached via phone at 414-643-3739 or via email at [email protected]