Rexford Industrial Realty (NYSE:REXR) Director Acquires $186,950.00 in Stock

Rexford Industrial Realty, Inc. (NYSE:REXR) Director David Stockert bought 5,000 shares of Rexford Industrial Realty stock in a transaction dated Friday, February 27th. The stock was purchased at an average price of $37.39 per share, for a total transaction of $186,950.00. Following the purchase, the director directly owned 6,829 shares in the company, valued at $255,336.31. This represents a 273.37% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Rexford Industrial Realty Price Performance

Shares of NYSE REXR traded down $0.42 during mid-day trading on Friday, hitting $37.46. 4,677,121 shares of the stock were exchanged, compared to its average volume of 2,794,176. Rexford Industrial Realty, Inc. has a twelve month low of $29.68 and a twelve month high of $44.38. The stock’s fifty day simple moving average is $39.13 and its two-hundred day simple moving average is $40.56. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.51 and a current ratio of 2.51. The company has a market cap of $8.68 billion, a P/E ratio of 44.07, a PEG ratio of 2.74 and a beta of 1.23.

Rexford Industrial Realty (NYSE:REXR) last announced its earnings results on Wednesday, February 4th. The real estate investment trust reported $0.59 earnings per share for the quarter, beating analysts’ consensus estimates of $0.58 by $0.01. Rexford Industrial Realty had a return on equity of 2.37% and a net margin of 21.03%.The company had revenue of $248.10 million during the quarter, compared to analyst estimates of $249.05 million. During the same period last year, the company posted $0.58 earnings per share. The firm’s quarterly revenue was up 2.1% compared to the same quarter last year. Rexford Industrial Realty has set its FY 2026 guidance at 2.350-2.400 EPS. As a group, analysts forecast that Rexford Industrial Realty, Inc. will post 2.38 EPS for the current fiscal year.

Rexford Industrial Realty Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be paid a $0.435 dividend. This is an increase from Rexford Industrial Realty’s previous quarterly dividend of $0.43. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $1.74 dividend on an annualized basis and a dividend yield of 4.6%. Rexford Industrial Realty’s dividend payout ratio (DPR) is currently 202.35%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on REXR. iA Financial set a $45.00 price target on shares of Rexford Industrial Realty in a research report on Friday, February 6th. Truist Financial cut their target price on shares of Rexford Industrial Realty from $44.00 to $40.00 and set a “buy” rating on the stock in a report on Wednesday, February 18th. UBS Group set a $44.00 price target on shares of Rexford Industrial Realty in a research report on Monday, November 10th. Zacks Research lowered shares of Rexford Industrial Realty from a “hold” rating to a “strong sell” rating in a report on Wednesday, February 4th. Finally, Evercore dropped their price objective on Rexford Industrial Realty from $41.00 to $40.00 and set an “in-line” rating on the stock in a research note on Monday, December 22nd. Three research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $42.31.

Institutional Trading of Rexford Industrial Realty

A number of institutional investors have recently modified their holdings of the company. V Square Quantitative Management LLC bought a new position in shares of Rexford Industrial Realty during the fourth quarter worth about $31,000. Vision Financial Markets LLC bought a new stake in Rexford Industrial Realty in the 3rd quarter valued at approximately $33,000. Wiser Advisor Group LLC bought a new stake in Rexford Industrial Realty in the 3rd quarter valued at approximately $34,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in Rexford Industrial Realty during the 4th quarter worth approximately $34,000. Finally, Allworth Financial LP grew its stake in shares of Rexford Industrial Realty by 140.3% during the 3rd quarter. Allworth Financial LP now owns 983 shares of the real estate investment trust’s stock worth $40,000 after acquiring an additional 574 shares in the last quarter. 99.52% of the stock is currently owned by institutional investors.

About Rexford Industrial Realty

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.