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

Shares of Rexford Industrial Realty, Inc. (NYSE:REXR) have been assigned a consensus rating of “Hold” from the thirteen brokerages that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $42.8333.

Several equities analysts recently issued reports on the stock. iA Financial set a $45.00 target price on shares of Rexford Industrial Realty in a report on Friday. Truist Financial dropped their price objective on Rexford Industrial Realty from $45.00 to $44.00 and set a “buy” rating on the stock in a research note on Tuesday, January 20th. Mizuho upped their target price on Rexford Industrial Realty from $40.00 to $41.00 and gave the company a “neutral” rating in a research report on Thursday, December 4th. Wells Fargo & Company raised their target price on Rexford Industrial Realty from $40.00 to $47.00 and gave the stock an “overweight” rating in a research note on Monday, October 27th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Rexford Industrial Realty in a research note on Thursday, January 22nd.

Rexford Industrial Realty Stock Performance

Shares of REXR stock opened at $38.27 on Wednesday. The stock has a market capitalization of $8.91 billion, a PE ratio of 45.02, a PEG ratio of 2.47 and a beta of 1.23. The business’s 50 day simple moving average is $40.05 and its 200 day simple moving average is $40.55. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.51 and a quick ratio of 2.95. Rexford Industrial Realty has a one year low of $29.68 and a one year high of $44.38.

Rexford Industrial Realty (NYSE:REXR) last released its quarterly earnings results on Wednesday, February 4th. The real estate investment trust reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.01. Rexford Industrial Realty had a net margin of 21.03% and a return on equity of 2.37%. The firm had revenue of $248.10 million during the quarter, compared to analyst estimates of $249.05 million. During the same quarter last year, the business earned $0.58 EPS. The company’s 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, research analysts forecast that Rexford Industrial Realty will post 2.38 earnings per share for the current year.

Rexford Industrial Realty Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be given a dividend of $0.435 per share. This represents a $1.74 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Tuesday, March 31st. This is a boost from Rexford Industrial Realty’s previous quarterly dividend of $0.43. Rexford Industrial Realty’s dividend payout ratio is presently 202.35%.

Insider Transactions at Rexford Industrial Realty

In other Rexford Industrial Realty news, CEO Michael S. Frankel sold 20,318 shares of the firm’s stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $41.61, for a total value of $845,431.98. Following the completion of the sale, the chief executive officer directly owned 602,288 shares in the company, valued at approximately $25,061,203.68. This trade represents a 3.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have sold 57,118 shares of company stock worth $2,345,706 over the last 90 days. 1.20% of the stock is owned by corporate insiders.

Institutional Trading of Rexford Industrial Realty

Several hedge funds have recently bought and sold shares of REXR. V Square Quantitative Management LLC acquired a new position in Rexford Industrial Realty during the fourth quarter worth $31,000. Vision Financial Markets LLC acquired a new position in shares of Rexford Industrial Realty during the third quarter valued at about $33,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in shares of Rexford Industrial Realty during the fourth quarter worth about $34,000. Wiser Advisor Group LLC acquired a new stake in shares of Rexford Industrial Realty in the 3rd quarter worth about $34,000. Finally, Allworth Financial LP raised its holdings in shares of Rexford Industrial Realty by 140.3% in 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 during the last quarter. Institutional investors and hedge funds own 99.52% of the company’s stock.

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.