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NYSE:RXN - Rexnord Stock Price, Forecast & News

$21.77
-1.91 (-8.07 %)
(As of 03/29/2020 04:52 AM ET)
Today's Range
$21.38
Now: $21.77
$22.64
50-Day Range
$19.54
MA: $29.42
$35.47
52-Week Range
$18.87
Now: $21.77
$35.64
Volume923,333 shs
Average Volume1.45 million shs
Market Capitalization$2.65 billion
P/E Ratio13.52
Dividend Yield1.35%
Beta1.53
Rexnord Corp. engages in the manufacture of engineered power transmission, aerospace, and other precision motion technology products. It operates through the Process and Motion Control, and Water Management segments. The Process and Motion Control segment designs, manufactures and markets engineered mechanical components such as gears, couplings, industrial, aerospace bearings, and seals which are used within complex systems. The Water Management segment designs, procures, manufactures and markets products for water quality, safety, flow control enhancements, and conservation. The company was founded by Christopher W. Levalley, F. W. Sivyer and W. A. Draves in 1891 and is headquartered in Milwaukee, WI.
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Rexnord logo

Industry, Sector and Symbol

Industry General industrial machinery & equipment
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
CUSIP76169B10
Phone414-643-3739

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.05 billion
Cash Flow$2.82 per share
Book Value$11.75 per share

Profitability

Net Income$34.30 million

Miscellaneous

Employees6,700
Market Cap$2.65 billion
Next Earnings Date5/13/2020 (Estimated)
OptionableOptionable

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Rexnord (NYSE:RXN) Frequently Asked Questions

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 reached pandemic status according to the World Health Organization. Since then, RXN stock has decreased by 18.6% and is now trading at $21.77. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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.

When is Rexnord's next earnings date?

Rexnord is scheduled to release its next quarterly earnings announcement on Wednesday, May 13th 2020. View our earnings forecast for Rexnord.

How were Rexnord's earnings last quarter?

Rexnord Corp (NYSE:RXN) posted its quarterly earnings data on Tuesday, January, 28th. The industrial products company reported $0.48 EPS for the quarter, topping analysts' consensus estimates 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%. Rexnord's quarterly revenue was up 1.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.47 earnings per share. View Rexnord's earnings history.

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

Rexnord announced a quarterly dividend on Monday, January 27th. Investors of record on Friday, February 21st will be given a dividend of $0.08 per share on Friday, March 6th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date of this dividend is Thursday, February 20th. View Rexnord's dividend history.

What price target have analysts set for RXN?

5 brokers have issued 12-month target prices for Rexnord's stock. Their forecasts range from $29.00 to $42.00. On average, they expect Rexnord's stock price to reach $35.00 in the next year. This suggests a possible upside of 60.8% from the stock's current price. View analysts' price targets for Rexnord.

Has Rexnord been receiving favorable news coverage?

Press coverage about RXN stock has been trending somewhat positive this week, InfoTrie reports. The research firm scores the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Rexnord earned a media sentiment score of 1.2 on InfoTrie's scale. They also gave media headlines 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 impact on the stock's share price in the next few days. View the latest news aboutRexnord.

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 Intelsat (I), Fossil Group (FOSL), Bank of America (BAC), AMC Entertainment (AMC), Ciena (CIEN), TriMas (TRS), Walgreens Boots Alliance (WBA), Zynga (ZNGA), Bristol-Myers Squibb (BMY) and Exxon Mobil (XOM).

Who are Rexnord's key executives?

Rexnord's management team includes the following people:
  • Todd Alan Adams, President, Chief Executive Officer & Director
  • Mark W. Peterson, CFO, Principal Accounting Officer & Senior VP
  • Michael D Troutman, Chief Information Officer
  • Patricia Mengler Whaley, Secretary, Vice President & General Counsel
  • Rodney Jackson, Senior VP-Business & Corporate Development

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 Janus Henderson Group PLC (13.02%), FMR LLC (3.21%), Goldman Sachs Group Inc. (3.07%), Franklin Resources Inc. (2.73%), Franklin Resources Inc. (2.73%) and Macquarie Group Ltd. (2.62%). 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.

Which major investors are selling Rexnord stock?

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 activity for Rexnord.

Which major investors are buying Rexnord stock?

RXN stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Janus Henderson Group PLC, Franklin Resources Inc., Franklin Resources Inc., FIL Ltd, Calamos Advisors LLC, Advisory Research Inc., and Alyeska Investment Group L.P.. 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 activity for Rexnord.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Rexnord's stock price today?

One share of RXN stock can currently be purchased for approximately $21.77.

How big of a company is Rexnord?

Rexnord has a market capitalization of $2.65 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.

What is Rexnord's official website?

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

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]


MarketBeat Community Rating for Rexnord (NYSE RXN)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  387 (Vote Outperform)
Underperform Votes:  338 (Vote Underperform)
Total Votes:  725
MarketBeat's community ratings are surveys of what our community members think about Rexnord and other stocks. Vote "Outperform" if you believe RXN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RXN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/29/2020 by MarketBeat.com Staff

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