NYSE:RXNRexnord Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Rexnord Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $31.32 -0.38 (-1.20 %) (As of 08/13/2020 09:30 AM ET) Add Compare Share Today's Range$31.19Now: $31.32▼$32.5650-Day Range$27.68MA: $29.32▼$31.7052-Week Range$18.87Now: $31.32▼$35.64Volume625,000 shsAverage Volume911,661 shsMarket Capitalization$3.76 billionP/E Ratio22.86Dividend Yield1.02%Beta1.56 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.3 Analyst's Opinion Consensus RatingRexnord has received a consensus rating of Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $34.67, Rexnord has a potential upside of 10.7% from its current price of $31.32.Amount of Analyst CoverageRexnord has only been the subject of 4 research reports in the past 90 days. Previous Next 2.7 Community Rank Outperform VotesRexnord has received 400 “outperform” votes. (Add your “outperform” vote.)Underperform VotesRexnord has received 347 “underperform” votes. (Add your “underperform” vote.)Community SentimentRexnord has received 53.55% “outperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend YieldRexnord has a dividend yield of 1.02%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthRexnord does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Rexnord is 15.92%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Rexnord will have a dividend payout ratio of 16.33% next year. This indicates that Rexnord will be able to sustain or increase its dividend. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Rexnord insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $9,404,545.00 in company stock.Percentage Held by InsidersOnly 3.50% of the stock of Rexnord is held by insiders. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Rexnord are expected to grow by 27.27% in the coming year, from $1.54 to $1.96 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Rexnord is 22.86, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 17.40.Price to Earnings Ratio vs. SectorThe P/E ratio of Rexnord is 22.86, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 23.60.Price to Earnings Growth RatioRexnord has a PEG Ratio of 2.83. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioRexnord has a P/B Ratio of 2.91. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.3Community Rank: 2.7Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.71 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry General industrial machinery & equipment Sub-IndustryIndustrial Machinery SectorIndustrial Products Current SymbolNYSE:RXN Previous Symbol CUSIP76169B10 CIK1439288 Webwww.rexnordcorporation.com Phone414-643-3739Debt Debt-to-Equity Ratio0.85 Current Ratio2.52 Quick Ratio1.65Price-To-Earnings Trailing P/E Ratio22.86 Forward P/E Ratio20.34 P/E Growth2.83 Sales & Book Value Annual Sales$2.07 billion Price / Sales1.82 Cash Flow$2.83 per share Price / Cash Flow11.06 Book Value$10.78 per share Price / Book2.91Profitability EPS (Most Recent Fiscal Year)$2.01 Net Income$180.10 million Net Margins8.42% Return on Equity17.52% Return on Assets6.92%Miscellaneous Employees6,800 Outstanding Shares120,139,000Market Cap$3.76 billion Next Earnings Date11/3/2020 (Estimated) OptionableOptionable $31.32 -0.38 (-1.20 %) (As of 08/13/2020 09:30 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive RXN News and Ratings via Email Sign-up to receive the latest news and ratings for RXN and its competitors with MarketBeat's FREE daily newsletter. Rexnord (NYSE:RXN) Frequently Asked Questions How has Rexnord's stock been impacted by COVID-19? Rexnord's stock was trading at $26.75 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, RXN stock has increased by 17.1% and is now trading at $31.32. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Rexnord? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rexnord in the last year. There are currently 3 hold ratings and 4 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 Tuesday, November 3rd 2020. View our earnings forecast for Rexnord. How were Rexnord's earnings last quarter? Rexnord Corp (NYSE:RXN) issued its quarterly earnings results on Tuesday, July, 28th. The industrial products company reported $0.36 EPS for the quarter, topping analysts' consensus estimates of $0.27 by $0.09. The industrial products company had revenue of $449.10 million for the quarter, compared to the consensus estimate of $427.35 million. Rexnord had a net margin of 8.42% and a return on equity of 17.52%. The business's revenue for the quarter was down 11.6% on a year-over-year basis. During the same quarter last year, the business posted $0.48 EPS. View Rexnord's earnings history. How often does Rexnord pay dividends? What is the dividend yield for Rexnord? Rexnord declared a quarterly dividend on Friday, July 24th. Investors of record on Thursday, August 20th will be given a dividend of $0.08 per share on Tuesday, September 8th. This represents a $0.32 dividend on an annualized basis and a yield of 1.02%. The ex-dividend date of this dividend is Wednesday, August 19th. View Rexnord's dividend history. What guidance has Rexnord issued on next quarter's earnings? Rexnord issued an update on its second quarter 2021 After-Hours earnings guidance on Tuesday, July, 28th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $432.679-458.744 million, compared to the consensus revenue estimate of $459.22 million. What price target have analysts set for RXN? 7 equities research analysts have issued twelve-month target prices for Rexnord's shares. Their forecasts range from $28.00 to $42.00. On average, they expect Rexnord's share price to reach $34.67 in the next year. This suggests a possible upside of 10.7% from the stock's current price. View analysts' price targets for Rexnord. Has Rexnord been receiving favorable news coverage? News articles about RXN stock have trended extremely negative recently, according to InfoTrie. The research group scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Rexnord earned a daily sentiment score of -4.1 on InfoTrie's scale. They also gave news stories about the industrial products company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days. View the latest news about Rexnord. Are investors shorting Rexnord? Rexnord saw a decline in short interest in May. As of May 15th, there was short interest totaling 2,420,000 shares, a decline of 21.4% from the April 30th total of 3,080,000 shares. Based on an average daily trading volume, of 1,100,000 shares, the days-to-cover ratio is presently 2.2 days. View Rexnord's Short Interest. Who are some of Rexnord's key competitors? Some companies that are related to Rexnord include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Ingersoll-Rand (IR), Xylem (XYL), IDEX (IEX), Nordson (NDSN), Graco (GGG), Snap-on (SNA), Pentair (PNR), Gardner Denver (GDI), Donaldson (DCI), Middleby (MIDD) and Lincoln Electric (LECO). View all 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), Bank of America (BAC), Ciena (CIEN), Fossil Group (FOSL), AMC Entertainment (AMC), Apollo Global Management (APO), Zynga (ZNGA), Advanced Micro Devices (AMD), Bristol-Myers Squibb (BMY) and Teck Resources (TECK). Who are Rexnord's key executives? Rexnord's management team includes the following people: Todd Alan Adams, President, Chief Executive Officer & DirectorMark W. Peterson, CFO, Principal Accounting Officer & Senior VPMichael D Troutman, Chief Information OfficerPatricia Mengler Whaley, Secretary, Vice President & General CounselRodney 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 investors include Macquarie Group Ltd. (3.48%), Goldman Sachs Group Inc. (2.96%), Jennison Associates LLC (1.77%), TimesSquare Capital Management LLC (1.64%), Bank of New York Mellon Corp (1.46%) and Robecosam AG (1.00%). Company insiders that own Rexnord stock include Craig Wehr, David C Longren, George C Moore, 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 institutional investors are selling Rexnord stock? RXN stock was sold by a variety of institutional investors in the last quarter, including TimesSquare Capital Management LLC, Fort Washington Investment Advisors Inc. OH, Jennison Associates LLC, First Trust Advisors LP, Comerica Bank, Skyline Asset Management LP, Prudential Financial Inc., and AlphaCrest Capital Management LLC. Company insiders that have sold Rexnord company stock in the last year include Craig Wehr, George C Moore, George J Powers, John S Stroup, Kevin J Zaba, Mark W Peterson, Michael Troutman, Patricia M Whaley, and Todd A Adams. View insider buying and selling activity for Rexnord. Which institutional investors are buying Rexnord stock? RXN stock was purchased by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Macquarie Group Ltd., Mutual of America Capital Management LLC, Crescent Grove Advisors LLC, Bank of New York Mellon Corp, Robecosam AG, Wedge Capital Management L L P NC, and Swiss National Bank. 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 $31.32. How big of a company is Rexnord? Rexnord has a market capitalization of $3.76 billion and generates $2.07 billion in revenue each year. The industrial products company earns $180.10 million in net income (profit) each year or $2.01 on an earnings per share basis. Rexnord employs 6,800 workers across the globe. What is Rexnord's official website? The official website for Rexnord is 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] This page was last updated on 8/13/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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