Rexford Industrial Realty, Inc. (NYSE:REXR) Given Consensus Rating of “Hold” by Brokerages

Shares of Rexford Industrial Realty, Inc. (NYSE:REXR) have received an average recommendation of “Hold” from the fifteen brokerages that are covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating on the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $40.7143.

REXR has been the subject of several analyst reports. Raymond James Financial assumed coverage on Rexford Industrial Realty in a research note on Wednesday, June 17th. They set an “underperform” rating for the company. Wells Fargo & Company lowered their target price on Rexford Industrial Realty from $45.00 to $44.00 and set an “overweight” rating on the stock in a research note on Monday, June 1st. Evercore reissued an “outperform” rating on shares of Rexford Industrial Realty in a report on Monday, July 27th. Citigroup restated a “neutral” rating on shares of Rexford Industrial Realty in a research note on Wednesday, July 29th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Rexford Industrial Realty in a report on Wednesday.

Institutional Trading of Rexford Industrial Realty

Hedge funds have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Rexford Industrial Realty during the second quarter worth about $365,000. Farringdon Capital Ltd. acquired a new stake in Rexford Industrial Realty in the second quarter valued at about $252,000. Westpac Banking Corp acquired a new stake in Rexford Industrial Realty in the second quarter valued at about $2,520,000. William Blair Investment Management LLC purchased a new stake in Rexford Industrial Realty in the 2nd quarter valued at approximately $18,657,000. Finally, Paralel Advisors LLC purchased a new stake in Rexford Industrial Realty in the 2nd quarter valued at approximately $1,340,000. Institutional investors and hedge funds own 99.52% of the company’s stock.

Rexford Industrial Realty Trading Up 0.5%

NYSE REXR opened at $36.38 on Thursday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.70 and a current ratio of 1.70. The firm has a market cap of $8.11 billion, a PE ratio of -20.10, a P/E/G ratio of 1.50 and a beta of 1.19. Rexford Industrial Realty has a one year low of $32.14 and a one year high of $44.38. The firm’s fifty day moving average is $35.42 and its two-hundred day moving average is $35.86.

Rexford Industrial Realty (NYSE:REXR) last announced its earnings results on Thursday, July 23rd. The real estate investment trust reported ($2.26) EPS for the quarter, missing analysts’ consensus estimates of $0.60 by ($2.86). Rexford Industrial Realty had a negative net margin of 39.22% and a negative return on equity of 4.61%. The business had revenue of $243.00 million during the quarter, compared to analysts’ expectations of $240.24 million. During the same period in the previous year, the company posted $0.59 earnings per share. Rexford Industrial Realty’s quarterly revenue was down 1.6% on a year-over-year basis. Rexford Industrial Realty has set its FY 2026 guidance at 2.380-2.430 EPS. Analysts expect that Rexford Industrial Realty will post 2.41 earnings per share for the current year.

Rexford Industrial Realty Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be given a dividend of $0.435 per share. The ex-dividend date is Wednesday, September 30th. This represents a $1.74 dividend on an annualized basis and a yield of 4.8%. Rexford Industrial Realty’s dividend payout ratio is presently -96.13%.

Rexford Industrial Realty Company Profile

Rexford Industrial Realty, Inc (NYSE: REXR) is a real estate investment trust (REIT) specializing in the acquisition, ownership and operation of industrial properties in Southern California. The company’s portfolio is concentrated in infill locations across key supply-chain markets, where it targets modern distribution centers, logistics facilities and light manufacturing spaces. Rexford’s strategy emphasizes buildings that offer proximity to major transportation routes and labor pools, catering to tenants in e-commerce, third-party logistics and manufacturing industries.

Since its founding in 2013, Rexford Industrial Realty has executed a disciplined growth plan driven by property acquisitions, selective development projects and strategic value-add initiatives.