NYSE:RXN - Rexnord Stock Price, Forecast & News

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

Rexnord Corp (NYSE:RXN) announced its earnings results on Tuesday, October, 29th. The industrial products company reported $0.51 earnings per share for the quarter, topping analysts' consensus estimates of $0.47 by $0.04. The industrial products company had revenue of $521.30 million for the quarter, compared to the consensus estimate of $524.39 million. Rexnord had a return on equity of 19.40% and a net margin of 8.56%. The company's revenue was down .7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.46 EPS. View Rexnord's Earnings History.

Rexnord is scheduled to release their next quarterly earnings announcement on Tuesday, January 28th 2020. View Earnings Estimates for Rexnord.

Rexnord will be holding an earnings conference call on Tuesday, January 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

5 brokerages have issued 12-month target prices for Rexnord's shares. Their forecasts range from $29.00 to $35.00. On average, they expect Rexnord's stock price to reach $31.50 in the next year. This suggests that the stock has a possible downside of 6.0%. View Analyst Price Targets for Rexnord.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rexnord in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Rexnord.

News coverage about RXN stock has been trending somewhat negative recently, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Rexnord earned a daily sentiment score of -1.7 on InfoTrie's scale. They also gave news stories about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Rexnord.

Some companies that are related to Rexnord include Illinois Tool Works (ITW), Ingersoll-Rand (IR), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), IDEX (IEX), Nordson (NDSN), Snap-on (SNA), Graco (GGG), Pentair (PNR), Woodward, Inc.Common Stock (WWD), Gardner Denver (GDI), Donaldson (DCI) and Flowserve (FLS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Rexnord investors own include Intelsat (I), Fossil Group (FOSL), Bank of America (BAC), AMC Entertainment (AMC), Ciena (CIEN), Associated British Foods (ABF), Chaarat Gold (CGH), Zynga (ZNGA), Bristol-Myers Squibb (BMY) and Spartan Motors (SPAR).

Rexnord's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.66%), Calamos Advisors LLC (0.62%), Assenagon Asset Management S.A. (0.10%), Polianta Ltd (0.03%), Calamos Wealth Management LLC (0.02%) and State of Alaska Department of Revenue (0.00%). Company insiders that own Rexnord stock include Craig Wehr, David C Longren, George J Powers, Kevin J Zaba, Mark W Peterson, Michael Troutman, Patricia M Whaley, Rodney Jackson, Sudhanshu Chhabra, Theodore D Crandall 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 Wedge Capital Management L L P NC. Company insiders that have sold Rexnord company stock in the last year include Craig Wehr, George J Powers, Kevin J Zaba, Mark W Peterson, Michael Troutman, Patricia M Whaley, Rodney Jackson, Sudhanshu Chhabra and Todd A Adams. View Insider Buying and Selling for Rexnord.

RXN stock was purchased by a variety of institutional investors in the last quarter, including Calamos Advisors LLC, Assenagon Asset Management S.A., Polianta Ltd, Calamos Wealth Management LLC, State of Alaska Department of Revenue and Steward Partners Investment Advisory LLC. Company insiders that have bought Rexnord stock in the last two years include David C Longren and Theodore D Crandall. 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, Robinhood, Fidelity and Charles Schwab.

One share of RXN stock can currently be purchased for approximately $33.52.

Rexnord has a market capitalization of $3.55 billion and generates $2.05 billion in revenue each year. The industrial products company earns $34.30 million in net income (profit) each year or $1.85 on an earnings per share basis. Rexnord employs 6,700 workers across the globe.View Additional Information About Rexnord.

The official website for Rexnord is http://www.rexnordcorporation.com/.

Rexnord's mailing address is 511 WEST FRESHWATER WAY, MILWAUKEE WI, 53204. The industrial products company can be reached via phone at 414-643-3739 or via email at [email protected]