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) posted its quarterly earnings results on Tuesday, October, 29th. The industrial products company reported $0.51 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.47 by $0.04. The industrial products company had revenue of $521.30 million for the quarter, compared to analyst estimates of $524.39 million. Rexnord had a return on equity of 19.40% and a net margin of 8.56%. The firm's revenue was down .7% on a year-over-year basis. During the same period last year, the company 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 brokers have issued 12-month price objectives for Rexnord's shares. Their forecasts range from $29.00 to $35.00. On average, they anticipate Rexnord's stock price to reach $31.50 in the next twelve months. This suggests that the stock has a possible downside of 1.4%. 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 headlines about RXN stock have been trending somewhat negative this week, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Rexnord earned a news sentiment score of -1.4 on InfoTrie's scale. They also assigned headlines about the industrial products company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company'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 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 a number of of retail and institutional investors. Top institutional investors include Wedge Capital Management L L P NC (0.66%), Calamos Advisors LLC (0.62%), Zurcher Kantonalbank Zurich Cantonalbank (0.16%), Assenagon Asset Management S.A. (0.10%), Polianta Ltd (0.03%) and Calamos Wealth Management LLC (0.02%). 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, CWM Advisors LLC, Zurcher Kantonalbank Zurich Cantonalbank and Sheets Smith Wealth Management. 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 bought 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, Strs Ohio, 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 $31.95.

Rexnord has a market capitalization of $3.39 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]