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

Shares of Rexford Industrial Realty, Inc. (NYSE:REXR) have received a consensus rating of “Hold” from the fourteen analysts that are covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $40.6154.

Several research firms have issued reports on REXR. Scotiabank upgraded shares of Rexford Industrial Realty from a “sector perform” rating to a “sector outperform” rating and decreased their price target for the stock from $38.00 to $36.00 in a research report on Thursday. Zacks Research upgraded shares of Rexford Industrial Realty from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 28th. Wall Street Zen raised shares of Rexford Industrial Realty from a “sell” rating to a “hold” rating in a report on Sunday. Evercore raised shares of Rexford Industrial Realty from an “in-line” rating to an “outperform” rating and set a $40.00 price objective for the company in a report on Monday, April 13th. Finally, Mizuho reduced their price objective on shares of Rexford Industrial Realty from $38.00 to $35.00 and set a “neutral” rating for the company in a report on Wednesday, June 10th.

Insider Activity at Rexford Industrial Realty

In other news, General Counsel David E. Lanzer sold 33,299 shares of the firm’s stock in a transaction dated Tuesday, April 28th. The shares were sold at an average price of $35.47, for a total transaction of $1,181,115.53. Following the completion of the transaction, the general counsel directly owned 33,299 shares of the company’s stock, valued at approximately $1,181,115.53. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.80% of the company’s stock.

Hedge Funds Weigh In On Rexford Industrial Realty

Hedge funds and other institutional investors have recently made changes to their positions in the business. V Square Quantitative Management LLC bought a new position in shares of Rexford Industrial Realty during the 4th quarter worth about $31,000. Wiser Advisor Group LLC bought a new position in shares of Rexford Industrial Realty during the 3rd quarter worth about $34,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in Rexford Industrial Realty during the 4th quarter valued at about $34,000. Allworth Financial LP lifted its holdings in 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 valued at $40,000 after purchasing an additional 574 shares during the last quarter. Finally, Cassaday & Co Wealth Management LLC bought a new position in Rexford Industrial Realty during the 1st quarter valued at about $33,000. 99.52% of the stock is owned by institutional investors.

Rexford Industrial Realty Stock Performance

NYSE REXR opened at $33.43 on Tuesday. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.50 and a quick ratio of 1.50. The firm has a market capitalization of $7.55 billion, a price-to-earnings ratio of 35.95, a P/E/G ratio of 1.38 and a beta of 1.21. The company’s fifty day moving average is $35.27 and its two-hundred day moving average is $36.98. Rexford Industrial Realty has a 52-week low of $32.14 and a 52-week high of $44.38.

Rexford Industrial Realty (NYSE:REXR) last posted its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.11. The company had revenue of $242.14 million for the quarter, compared to analyst estimates of $243.79 million. Rexford Industrial Realty had a net margin of 23.25% and a return on equity of 2.64%. The business’s quarterly revenue was down 2.9% on a year-over-year basis. During the same period last year, the business posted $0.62 EPS. Rexford Industrial Realty has set its FY 2026 guidance at 2.370-2.42 EPS. Equities research analysts forecast that Rexford Industrial Realty will post 2.4 EPS for the current year.

Rexford Industrial Realty Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.435 per share. This represents a $1.74 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date of this dividend is Tuesday, June 30th. Rexford Industrial Realty’s dividend payout ratio (DPR) is presently 187.10%.

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.