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 $19.34 -1.23 (-5.98 %) (As of 04/5/2020 02:16 AM ET) Add Compare Share Today's Range$19.30Now: $19.34▼$20.8550-Day Range$19.34MA: $27.59▼$35.4752-Week Range$18.87Now: $19.34▼$35.64Volume1.61 million shsAverage Volume1.40 million shsMarket Capitalization$2.36 billionP/E Ratio12.01Dividend Yield1.56%Beta1.57 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial 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™ 3.3 Analyst's Opinion Consensus RatingRexnord has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $35.00, Rexnord has a potential upside of 81.0% from its current price of $19.34.Amount of Analyst CoverageRexnord has only been the subject of 2 research reports in the past 90 days. Previous Next 2.7 Community Rank Outperform VotesRexnord has received 392 “outperform” votes. (Add your “outperform” vote.)Underperform VotesRexnord has received 339 “underperform” votes. (Add your “underperform” vote.)Community SentimentRexnord has received 53.63% “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 3.3 Dividend Strength Dividend LeadershipRexnord is a leading dividend payer. It pays a dividend yield of 1.56%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthRexnord does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Rexnord is 17.30 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Rexnord will have a dividend payout ratio of 17.88 % 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 $14,646,624.00 in company stock.Percentage Held by InsidersOnly 5.00% of the stock of Rexnord is held by insiders. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Rexnord are expected to decrease by -9.14% in the coming year, from $1.97 to $1.79 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Rexnord is 12.01, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 11.16.Price to Earnings Ratio vs. SectorThe P/E ratio of Rexnord is 12.01, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 42.00.Price to Earnings Growth RatioRexnord has a PEG Ratio of 1.92. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioRexnord has a P/B Ratio of 1.65. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.7Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.99 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 Webhttp://www.rexnordcorporation.com/ Phone414-643-3739Debt Debt-to-Equity Ratio0.84 Current Ratio2.79 Quick Ratio1.78Price-To-Earnings Trailing P/E Ratio12.01 Forward P/E Ratio9.82 P/E Growth1.92 Sales & Book Value Annual Sales$2.05 billion Price / Sales1.15 Cash Flow$2.88 per share Price / Cash Flow6.71 Book Value$11.75 per share Price / Book1.65Profitability EPS (Most Recent Fiscal Year)$1.85 Net Income$34.30 million Net Margins9.66% Return on Equity18.82% Return on Assets7.45%Miscellaneous Employees6,700 Outstanding Shares121,810,000Market Cap$2.36 billion Next Earnings Date5/13/2020 (Estimated) OptionableOptionable 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. RXN Rates by TradingView 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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, RXN stock has decreased by 27.7% and is now trading at $19.34. 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 earnings results on Tuesday, January, 28th. The industrial products company reported $0.48 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.42 by $0.06. The industrial products company had revenue of $491.70 million for the quarter, compared to the consensus estimate of $487.32 million. Rexnord had a net margin of 9.66% and a return on equity of 18.82%. The firm's quarterly revenue was up 1.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.47 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 Monday, January 27th. Stockholders 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 1.65%. 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 1-year price objectives for Rexnord's shares. Their forecasts range from $29.00 to $42.00. On average, they anticipate Rexnord's share price to reach $35.00 in the next year. This suggests a possible upside of 81.0% 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 very negative recently, according to InfoTrie. The research group scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded 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 -3.3 on InfoTrie's scale. They also assigned news stories 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 impact on the stock's share price in the next several days. View the latest news aboutRexnord. 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), Xylem (XYL), IDEX (IEX), Graco (GGG), Nordson (NDSN), Snap-on (SNA), Gardner Denver (GDI), Pentair (PNR), Ingersoll-Rand (IR), Donaldson (DCI), Lincoln Electric (LECO) and ITT (ITT). 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 & 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." 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 $19.34. How big of a company is Rexnord? Rexnord has a market capitalization of $2.36 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] This page was last updated on 4/5/2020 by MarketBeat.com StaffFeatured Article: Fundamental Analysis and Individual Investors
