Streetbeat News

REXR

Rexford Industrial Realty, Inc.

https://www.rexfordindustrial.com

Industry

REIT - Industrial

Rexford Industrial, a real estate investment trust focused on owning and operating industrial properties throughout Southern California infill markets, owns 232 properties with approximately 27.9 million rentable square feet and manages an additional 20 properties with approximately 1.0 million rentable square feet.

Open

42.19

Mkt cap

9.4B

Volume

2.2M

High

42.33

P/E Ratio

34.21

52-wk high

58.02

Low

41.80

Div yield

0.04

52-wk low

41.16

Rexford Industrial Realty (NYSE:REXR) is set to announce its quarterly earnings on October 16, 2024. Analysts estimate an EPS of $0.58. The company's past performance shows mixed reactions to earnings beats, with guidance being a crucial factor for stock price movements. Rexford has a consensus 'Outperform' rating with a 16.55% potential upside. The company leads in revenue growth and gross profit among peers but has the lowest return on equity.

Portfolio Pulse from Benzinga Insights

October 15, 2024 | 2:01 pm

Rexford Industrial Realty (NYSE:REXR) has received mixed analyst ratings over the past three months, with a recent trend towards more positive outlooks. Analysts have set a 12-month average price target of $55.0, reflecting a 2.4% increase from previous estimates. The company has shown strong financial performance, with a 21.36% revenue growth rate, a net margin of 33.57%, and a debt-to-equity ratio of 0.43.

Portfolio Pulse from Benzinga Insights

September 16, 2024 | 5:00 pm

Evercore ISI Group has maintained an 'Outperform' rating on Rexford Industrial Realty and raised its price target from $57 to $58.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 3:26 pm

Mizuho analyst Vikram Malhotra maintains a Neutral rating on Rexford Industrial Realty (NYSE:REXR) and lowers the price target from $50 to $49.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 12:01 pm

Evercore ISI Group has maintained an 'Outperform' rating on Rexford Industrial Realty and raised its price target from $55 to $57, indicating a positive outlook for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 5:11 pm

Wells Fargo analyst Blaine Heck maintains an Overweight rating on Rexford Industrial Realty but lowers the price target from $66 to $61.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 2:19 pm

Rexford Industrial Realty (NYSE:REXR) has received mixed analyst ratings over the past three months, with a recent increase in the average 12-month price target to $53.0. Analysts have shown a mix of bullish and neutral sentiments, with some raising their price targets. The company has demonstrated strong financial performance, with notable revenue growth and efficient cost management.

Portfolio Pulse from Benzinga Insights

August 26, 2024 | 6:00 pm

Scotiabank analyst Greg McGinniss has maintained a Sector Outperform rating on Rexford Industrial Realty and increased the price target from $51 to $55.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 1:56 pm

Analysts' ratings for Rexford Industrial Realty (NYSE:REXR) vary from bullish to bearish, with recent updates showing a slight increase in the average 12-month price target. The company's financial performance is strong, with impressive revenue growth, net margin, ROE, and ROA, and a balanced debt approach.

Portfolio Pulse from Benzinga Insights

July 30, 2024 | 1:00 pm

Truist Securities has maintained its Buy rating on Rexford Industrial Realty (NYSE:REXR) and raised the price target from $50 to $54.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:28 pm

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