Rexford Industrial Realty (NYSE:REXR) Releases FY 2025 Earnings Guidance

Rexford Industrial Realty (NYSE:REXR - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 2.370-2.410 for the period, compared to the consensus estimate of 2.480. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on REXR shares. Industrial Alliance Securities set a $55.00 price objective on Rexford Industrial Realty in a research report on Friday, October 18th. Scotiabank cut Rexford Industrial Realty from a "sector outperform" rating to a "sector perform" rating and dropped their price objective for the stock from $55.00 to $48.00 in a report on Friday, October 25th. Barclays reduced their target price on shares of Rexford Industrial Realty from $44.00 to $41.00 and set an "underweight" rating on the stock in a research note on Monday, January 13th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Rexford Industrial Realty in a research note on Tuesday, January 14th. They set a "hold" rating and a $40.00 price target for the company. Finally, Evercore ISI reaffirmed an "outperform" rating on shares of Rexford Industrial Realty in a report on Friday, October 18th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, Rexford Industrial Realty currently has a consensus rating of "Hold" and an average target price of $49.42.

Rexford Industrial Realty Stock Down 2.5 %

Shares of NYSE REXR traded down $1.00 during mid-day trading on Friday, reaching $39.56. 4,857,119 shares of the company's stock were exchanged, compared to its average volume of 1,987,753. The company has a current ratio of 1.30, a quick ratio of 1.20 and a debt-to-equity ratio of 0.39. The business has a fifty day simple moving average of $39.68 and a 200 day simple moving average of $44.84. Rexford Industrial Realty has a twelve month low of $36.92 and a twelve month high of $53.88. The firm has a market capitalization of $8.80 billion, a price-to-earnings ratio of 32.69, a PEG ratio of 2.28 and a beta of 0.95.

Rexford Industrial Realty (NYSE:REXR - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The real estate investment trust reported $0.58 earnings per share for the quarter, beating analysts' consensus estimates of $0.27 by $0.31. Rexford Industrial Realty had a net margin of 29.10% and a return on equity of 3.26%. As a group, equities analysts expect that Rexford Industrial Realty will post 2.39 EPS for the current fiscal year.

Rexford Industrial Realty Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a $0.43 dividend. This is an increase from Rexford Industrial Realty's previous quarterly dividend of $0.42. The ex-dividend date is Monday, March 31st. This represents a $1.72 annualized dividend and a dividend yield of 4.35%. Rexford Industrial Realty's dividend payout ratio (DPR) is currently 138.02%.

Rexford Industrial Realty Company Profile

Rexford Industrial Realty, Inc is a self-administered and self-managed real estate investment trust, which engages in owning and operating industrial properties in infill markets. The company was founded by Richard S. Ziman on January 18, 2013 and is headquartered in Los Angeles, CA.