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

Rexford Industrial Realty, Inc. (NYSE:REXR) has received a consensus recommendation of “Hold” from the thirteen research firms that are currently covering the firm, Marketbeat reports. Two 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 brokerages that have issued a report on the stock in the last year is $41.9231.

Several equities research analysts recently issued reports on the stock. Robert W. Baird set a $40.00 target price on shares of Rexford Industrial Realty in a report on Tuesday, February 17th. Scotiabank decreased their target price on shares of Rexford Industrial Realty from $44.00 to $39.00 and set a “sector perform” rating for the company in a research note on Monday, March 2nd. JPMorgan Chase & Co. lowered their price target on Rexford Industrial Realty from $42.00 to $39.00 and set a “neutral” rating on the stock in a report on Wednesday, February 18th. iA Financial set a $45.00 price target on Rexford Industrial Realty in a research note on Friday, February 6th. Finally, Truist Financial cut their price objective on Rexford Industrial Realty from $44.00 to $40.00 and set a “buy” rating for the company in a report on Wednesday, February 18th.

Insider Buying and Selling at Rexford Industrial Realty

In other Rexford Industrial Realty news, CFO Michael Fitzmaurice purchased 2,650 shares of Rexford Industrial Realty stock in a transaction dated Friday, February 27th. The stock was purchased at an average price of $37.55 per share, with a total value of $99,507.50. Following the transaction, the chief financial officer directly owned 14,133 shares of the company’s stock, valued at $530,694.15. This trade represents a 23.08% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Michael S. Frankel sold 18,750 shares of the stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $40.06, for a total transaction of $751,125.00. Following the completion of the transaction, the chief executive officer owned 583,538 shares in the company, valued at $23,376,532.28. This trade represents a 3.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders bought 12,960 shares of company stock worth $486,804 over the last 90 days. 1.20% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of REXR. V Square Quantitative Management LLC bought a new position in Rexford Industrial Realty in the 4th quarter worth $31,000. Vision Financial Markets LLC bought a new stake in Rexford Industrial Realty during the third quarter valued at about $33,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in Rexford Industrial Realty in the fourth quarter worth about $34,000. Wiser Advisor Group LLC purchased a new stake in Rexford Industrial Realty in the third quarter worth about $34,000. Finally, Allworth Financial LP raised its stake in shares of Rexford Industrial Realty by 140.3% in the third quarter. Allworth Financial LP now owns 983 shares of the real estate investment trust’s stock worth $40,000 after buying an additional 574 shares during the period. Hedge funds and other institutional investors own 99.52% of the company’s stock.

Rexford Industrial Realty Price Performance

NYSE REXR opened at $36.04 on Friday. Rexford Industrial Realty has a one year low of $29.68 and a one year high of $44.38. The stock has a 50-day moving average of $38.85 and a 200 day moving average of $40.54. 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 capitalization of $8.36 billion, a price-to-earnings ratio of 42.40, a PEG ratio of 2.61 and a beta of 1.24.

Rexford Industrial Realty (NYSE:REXR) last posted its earnings results on Wednesday, February 4th. The real estate investment trust reported $0.59 earnings per share (EPS) for the quarter, beating 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 business had revenue of $248.10 million for the quarter, compared to analysts’ expectations of $249.05 million. During the same quarter in the prior year, the business earned $0.58 EPS. The business’s revenue for the quarter 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. On average, sell-side analysts forecast that Rexford Industrial Realty will post 2.38 EPS for the current year.

Rexford Industrial Realty Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.435 per share. The ex-dividend date is Tuesday, March 31st. This represents a $1.74 dividend on an annualized basis and a dividend yield of 4.8%. This is an increase from Rexford Industrial Realty’s previous quarterly dividend of $0.43. Rexford Industrial Realty’s dividend payout ratio is presently 202.35%.

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.