NYSE:RXN - Rexnord Stock Price, Forecast & News

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

Rexnord announced a quarterly dividend on Monday, January 27th. Shareholders 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 0.96%. The ex-dividend date is Thursday, February 20th. View Rexnord's Dividend History.

Rexnord Corp (NYSE:RXN) posted its quarterly earnings data on Tuesday, January, 28th. The industrial products company reported $0.48 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.42 by $0.06. The industrial products company earned $491.70 million during 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% on a year-over-year basis. During the same period in the previous year, the business posted $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 brokers have issued 1 year target prices for Rexnord's shares. Their forecasts range from $29.00 to $42.00. On average, they anticipate Rexnord's stock price to reach $35.00 in the next year. This suggests a possible upside of 4.5% from the stock's current price. 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.

News headlines about RXN stock have trended neutral recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Rexnord earned a daily sentiment score of 0.4 on InfoTrie's scale. They also assigned media stories about the industrial products company a news buzz of 9.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company'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), Pentair (PNR), Woodward, Inc.Common Stock (WWD), Donaldson (DCI) and ITT (ITT).

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 a number of of institutional and retail 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 acquired 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 $33.50.

Rexnord has a market capitalization of $4.08 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]