NYSE:RXN - Rexnord Stock Price, Forecast & News

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

Rexnord declared a quarterly dividend on Monday, January 27th. Investors of record on Friday, February 21st will be paid a dividend of $0.08 per share on Friday, March 6th. This represents a $0.32 annualized dividend and a yield of 0.91%. The ex-dividend date is Thursday, February 20th. View Rexnord's Dividend History.

Rexnord Corp (NYSE:RXN) released its quarterly earnings results on Tuesday, January, 28th. The industrial products company reported $0.48 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.42 by $0.06. The industrial products company had revenue of $491.70 million for the quarter, compared to analyst estimates of $487.32 million. Rexnord had a return on equity of 18.82% and a net margin of 9.66%. The business's revenue was up 1.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.47 EPS. View Rexnord's Earnings History.

Rexnord is scheduled to release their next quarterly earnings announcement on Wednesday, May 13th 2020. View Earnings Estimates for Rexnord.

5 Wall Street analysts have issued 1 year price objectives for Rexnord's shares. Their forecasts range from $29.00 to $42.00. On average, they anticipate Rexnord's share price to reach $35.00 in the next year. This suggests that the stock has a possible downside of 0.6%. 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 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Rexnord.

Media stories about RXN stock have trended very negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Rexnord earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave news headlines about the industrial products company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. 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), Graco (GGG), Snap-on (SNA), Gardner Denver (GDI), Woodward, Inc.Common Stock (WWD), Pentair (PNR), Donaldson (DCI) and Middleby (MIDD).

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), Walgreens Boots Alliance (WBA), Zynga (ZNGA), Bristol-Myers Squibb (BMY), Exxon Mobil (XOM) and Associated British Foods (ABF).

Rexnord's stock is owned by many different of retail and institutional investors. Top institutional investors include Janus Henderson Group PLC (13.02%), FMR LLC (3.21%), Goldman Sachs Group Inc. (3.07%), Franklin Resources Inc. (2.73%), Jennison Associates LLC (2.23%) and State Street Corp (1.79%). Company insiders that own Rexnord stock include Craig Wehr, David C Longren, George J Powers, John S Stroup, 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 Bank of New York Mellon Corp, Rothschild & Co. Asset Management US Inc., Victory Capital Management Inc., Victory Capital Management Inc., PNC Financial Services Group Inc., Jennison Associates LLC, Marshall Wace LLP and Bank of Montreal Can. Company insiders that have sold Rexnord company stock in the last year include Craig Wehr, George J Powers, John S Stroup, 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 Janus Henderson Group PLC, Franklin Resources Inc., FIL Ltd, Calamos Advisors LLC, Advisory Research Inc., Alyeska Investment Group L.P., Geode Capital Management LLC and Credit Suisse AG. 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 $35.22.

Rexnord has a market capitalization of $4.29 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]