Rexford Industrial Realty (NYSE:REXR - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 2.370-2.410 for the period, compared to the consensus estimate of 2.410. The company issued revenue guidance of -.
Rexford Industrial Realty Trading Down 2.5 %
Rexford Industrial Realty stock traded down $0.82 during mid-day trading on Monday, hitting $31.75. 2,728,859 shares of the company's stock were exchanged, compared to its average volume of 1,885,163. Rexford Industrial Realty has a fifty-two week low of $29.68 and a fifty-two week high of $52.61. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $7.50 billion, a P/E ratio of 26.24, a PEG ratio of 2.62 and a beta of 0.99. The company's 50 day simple moving average is $38.20 and its 200-day simple moving average is $40.45.
Rexford Industrial Realty (NYSE:REXR - Get Free Report) last issued its quarterly earnings data on Wednesday, April 16th. The real estate investment trust reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.05. Rexford Industrial Realty had a return on equity of 3.26% and a net margin of 29.10%. The business had revenue of $248.82 million during the quarter, compared to analyst estimates of $246.74 million. On average, equities analysts anticipate that Rexford Industrial Realty will post 2.38 earnings per share for the current year.
Rexford Industrial Realty Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be given a $0.43 dividend. The ex-dividend date is Monday, June 30th. This represents a $1.72 annualized dividend and a yield of 5.42%. Rexford Industrial Realty's dividend payout ratio is currently 138.71%.
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on the stock. Mizuho lowered their price objective on shares of Rexford Industrial Realty from $46.00 to $45.00 and set a "neutral" rating on the stock in a report on Wednesday, January 8th. Barclays decreased their price objective on Rexford Industrial Realty from $41.00 to $38.00 and set an "underweight" rating for the company in a report on Tuesday, March 25th. Industrial Alliance Securities set a $38.00 target price on Rexford Industrial Realty in a report on Tuesday, March 25th. Robert W. Baird dropped their price objective on Rexford Industrial Realty from $48.00 to $47.00 and set a "neutral" rating on the stock in a research note on Tuesday, March 4th. Finally, Evercore ISI lowered their target price on shares of Rexford Industrial Realty from $43.00 to $40.00 and set an "outperform" rating on the stock in a report on Monday. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Rexford Industrial Realty has a consensus rating of "Hold" and an average target price of $44.67.
Get Our Latest Report on Rexford Industrial Realty
Rexford Industrial Realty Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider Rexford Industrial Realty, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rexford Industrial Realty wasn't on the list.
While Rexford Industrial Realty currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
