NYSE:RXN

Rexnord Stock Forecast, Price & News

$56.33
-0.20 (-0.35 %)
(As of 07/30/2021 12:00 AM ET)
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Today's Range
$55.86
$56.82
50-Day Range
$47.69
$56.53
52-Week Range
$28.10
$56.82
Volume809,866 shs
Average Volume624,516 shs
Market Capitalization$6.82 billion
P/E Ratio33.93
Dividend Yield0.64%
Beta1.44
30 days | 90 days | 365 days | Advanced Chart
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Rexnord logo

About Rexnord

Rexnord Corporation designs, manufactures, and markets process and motion control, and water management products worldwide. It operates in two segments, Process & Motion Control Platform and Water Management Platform. The company offers table top conveying chain and related accessories, metal conveying and engineered woven metals, gearing and gear drives, conveying equipment, industrial chains, and custom assemblies; custom-engineered, application-specific miniature gearboxes, and motion control assemblies and components used in aerospace, defense, medical equipment, robotics, semiconductor, instrumentation, and satellite communications; and shaft management products, including couplings, torque limiters, electromagnetic clutches and brakes, industrial bearings, and shaft locking assemblies. It also provides aerospace components for use in door systems, engine accessories and controls, engine mounts, flight control systems, gearboxes, landing gears, and rotor pitch controls. In addition, the company offers professional grade water control and safety, water distribution and drainage, finish plumbing, and site works products primarily for nonresidential buildings. It sells products through distribution partners, independent sales representatives, plumbing wholesalers, industry-specific distributors, and sales agencies to commercial construction, institutional, infrastructure, and residential construction end market, as well as to original equipment manufacturers and end users. The company offers its products under the Rexnord, Rex, Addax, Euroflex, Falk, FlatTop, Cambridge, Link-Belt, Omega, PSI, Shafer, Stearns, Highfield, Thomas, Centa, Tollok, Zurn, Wilkins, Green Turtle, StainlessDrains.com, World Dryer, Hadrian, and JUST names. Rexnord Corporation was incorporated in 2006 and is headquartered in Milwaukee, Wisconsin.

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MarketRank

Overall MarketRank

2.38 out of 5 stars

Industrial Products Sector

44th out of 180 stocks

General Industrial Machinery & Equipment Industry

1st out of 5 stocks

Analyst Opinion: 1.4Community Rank: 4.7Dividend Strength: 0.8Insider Behavior: 2.5Valuation: 2.5 5 -4 -3 -2 -1 -
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Rexnord (NYSE:RXN) Frequently Asked Questions

Is Rexnord a buy right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Rexnord in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Rexnord stock.
View analyst ratings for Rexnord
or view top-rated stocks.

What stocks does MarketBeat like better than Rexnord?

Wall Street analysts have given Rexnord a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Rexnord wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Rexnord?

Rexnord saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 2,030,000 shares, an increase of 18.0% from the May 31st total of 1,720,000 shares. Based on an average trading volume of 607,200 shares, the short-interest ratio is presently 3.3 days. Approximately 1.7% of the company's shares are short sold.
View Rexnord's Short Interest
.

When is Rexnord's next earnings date?

Rexnord is scheduled to release its next quarterly earnings announcement on Tuesday, October 26th 2021.
View our earnings forecast for Rexnord
.

How were Rexnord's earnings last quarter?

Rexnord Co. (NYSE:RXN) released its quarterly earnings results on Thursday, July, 29th. The industrial products company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.50 by $0.08. The industrial products company had revenue of $568.30 million for the quarter, compared to analyst estimates of $543.91 million. Rexnord had a net margin of 9.90% and a trailing twelve-month return on equity of 15.79%. The company's revenue for the quarter was up 26.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.36 EPS.
View Rexnord's earnings history
.

How has Rexnord's stock been impacted by COVID-19 (Coronavirus)?

Rexnord's stock was trading at $26.75 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, RXN shares have increased by 110.6% and is now trading at $56.33.
View which stocks have been most impacted by COVID-19
.

How often does Rexnord pay dividends? What is the dividend yield for Rexnord?

Rexnord announced a quarterly dividend on Friday, July 23rd. Stockholders of record on Friday, August 20th will be given a dividend of $0.09 per share on Tuesday, September 7th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.64%. The ex-dividend date of this dividend is Thursday, August 19th.
View Rexnord's dividend history
.

Is Rexnord a good dividend stock?

Rexnord pays an annual dividend of $0.36 per share and currently has a dividend yield of 0.64%.
View Rexnord's dividend history.

What price target have analysts set for RXN?

6 analysts have issued 1-year price targets for Rexnord's shares. Their forecasts range from $45.00 to $66.00. On average, they anticipate Rexnord's share price to reach $58.00 in the next twelve months. This suggests a possible upside of 3.0% from the stock's current price.
View analysts' price targets for Rexnord
or view top-rated stocks among Wall Street analysts.

Who are Rexnord's key executives?

Rexnord's management team includes the following people:
  • Mr. Todd A. Adams, Pres, CEO & Chairman (Age 50, Pay $2.17M)
  • Mr. Mark W. Peterson, Sr. VP & CFO (Age 49, Pay $876.35k)
  • Mr. George J. Powers, Chief HR Officer (Age 54, Pay $559.2k)
  • Mr. Kevin J. Zaba, Group Exec. and Pres of Process & Motion Control Platform (Age 54, Pay $860.55k)
  • Mr. Craig G. Wehr, Group Exec. & Pres of Zurn (Age 56, Pay $731.77k)
  • Mr. Michael D. Troutman, Chief Information Officer (Age 54)
  • Robert McCarthy, VP of Investor Relations
  • Ms. Patricia M. Whaley, VP, Gen. Counsel & Sec. (Age 62)
  • Angela Hersil, Director of Corp. Communications
  • Mr. Rodney L. Jackson, Sr. VP of Bus. & Corp. Devel. (Age 51)

What is Todd A. Adams' approval rating as Rexnord's CEO?

173 employees have rated Rexnord CEO Todd A. Adams on Glassdoor.com. Todd A. Adams has an approval rating of 41% among Rexnord's employees. This puts Todd A. Adams in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Rexnord's key competitors?

What other stocks do shareholders of Rexnord own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Rexnord investors own include Ciena (CIEN), Intelsat (I), Bank of America (BAC), Fossil Group (FOSL), Advanced Micro Devices (AMD), Apollo Global Management (APO), AMC Entertainment (AMC), Bristol-Myers Squibb (BMY), TriMas (TRS) and Exxon Mobil (XOM).

What is Rexnord's stock symbol?

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

Who are Rexnord's major shareholders?

Rexnord's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Alliancebernstein L.P. (0.18%), Moody National Bank Trust Division (0.11%), Hillsdale Investment Management Inc. (0.02%), Malaga Cove Capital LLC (0.01%), First National Bank of Hutchinson (0.01%) and Harbor Investment Advisory LLC (0.00%). Company insiders that own Rexnord stock include Chirag Dua, Craig Wehr, George C Moore, George J Powers, John S Stroup, Kevin J Zaba, Mark W Peterson, Michael Troutman, Patricia M Whaley, Qualified Master Fund L Abdiel, Rodney Jackson and Todd A Adams.
View institutional ownership trends for Rexnord
.

Which institutional investors are selling Rexnord stock?

RXN stock was sold by a variety of institutional investors in the last quarter, including Hillsdale Investment Management Inc., Alliancebernstein L.P., First National Bank of Hutchinson, Harbor Investment Advisory LLC, and Moody National Bank Trust Division. Company insiders that have sold Rexnord company stock in the last year include Chirag Dua, Craig Wehr, George C Moore, George J Powers, Mark W Peterson, Michael Troutman, Patricia M Whaley, Rodney Jackson, and Todd A Adams.
View insider buying and selling activity for Rexnord
or view top insider-selling stocks.

Which institutional investors are buying Rexnord stock?

RXN stock was bought by a variety of institutional investors in the last quarter, including Malaga Cove Capital LLC.
View insider buying and selling activity for Rexnord
or or view top insider-buying stocks.

How do I buy shares of Rexnord?

Shares of RXN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Rexnord's stock price today?

One share of RXN stock can currently be purchased for approximately $56.33.

How much money does Rexnord make?

Rexnord has a market capitalization of $6.82 billion and generates $2.07 billion in revenue each year.

How many employees does Rexnord have?

Rexnord employs 6,800 workers across the globe.

What is Rexnord's official website?

The official website for Rexnord is www.rexnordcorporation.com.

Where are Rexnord's headquarters?

Rexnord is headquartered at 511 WEST FRESHWATER WAY, MILWAUKEE WI, 53204.

How can I contact Rexnord?

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]


This page was last updated on 7/31/2021 by MarketBeat.com Staff
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