Rexford Industrial Realty, Inc. (NYSE:REXR) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Rexford Industrial Realty, Inc. (NYSE:REXR) have been given a consensus rating of “Hold” by the fourteen analysts that are currently covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $40.3846.

A number of equities analysts recently commented on the stock. JPMorgan Chase & Co. downgraded shares of Rexford Industrial Realty from a “neutral” rating to an “underweight” rating and reduced their price objective for the stock from $38.00 to $36.00 in a research note on Wednesday, June 17th. Wall Street Zen raised Rexford Industrial Realty from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. Wells Fargo & Company cut their price target on Rexford Industrial Realty from $45.00 to $44.00 and set an “overweight” rating on the stock in a report on Monday, June 1st. Raymond James Financial started coverage on Rexford Industrial Realty in a research report on Wednesday, June 17th. They issued an “underperform” rating for the company. Finally, Barclays decreased their price objective on Rexford Industrial Realty from $40.00 to $36.00 and set an “underweight” rating for the company in a research note on Thursday.

Insider Buying and Selling

In other Rexford Industrial Realty news, General Counsel David E. Lanzer sold 33,299 shares of the 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 sale, the general counsel directly owned 33,299 shares of the company’s stock, valued at approximately $1,181,115.53. This represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.80% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. V Square Quantitative Management LLC acquired a new stake in Rexford Industrial Realty in the fourth quarter valued at approximately $31,000. Cassaday & Co Wealth Management LLC acquired a new position in shares of Rexford Industrial Realty during the first quarter worth $33,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in shares of Rexford Industrial Realty during the fourth quarter worth $34,000. Wiser Advisor Group LLC purchased a new stake in shares of Rexford Industrial Realty during the 3rd quarter valued at $34,000. Finally, Allworth Financial LP lifted its holdings in shares of 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. Institutional investors own 99.52% of the company’s stock.

Rexford Industrial Realty Stock Down 0.4%

Shares of Rexford Industrial Realty stock opened at $37.44 on Friday. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.50 and a quick ratio of 1.50. Rexford Industrial Realty has a 1 year low of $32.14 and a 1 year high of $44.38. The firm’s 50-day moving average is $34.75 and its two-hundred day moving average is $36.20. The stock has a market cap of $8.45 billion, a price-to-earnings ratio of 40.26, a PEG ratio of 1.56 and a beta of 1.21.

Rexford Industrial Realty (NYSE:REXR) last posted its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.38 EPS for the quarter, beating the consensus estimate of $0.27 by $0.11. Rexford Industrial Realty had a net margin of 23.25% and a return on equity of 2.64%. The business had revenue of $242.14 million during the quarter, compared to analyst estimates of $243.78 million. During the same quarter in the previous year, the business posted $0.62 EPS. The company’s quarterly revenue was down 2.9% compared to the same quarter last year. Rexford Industrial Realty has set its FY 2026 guidance at 2.370-2.42 EPS. As a group, research analysts expect that Rexford Industrial Realty will post 2.4 earnings per share for the current fiscal year.

Rexford Industrial Realty Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a $0.435 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $1.74 dividend on an annualized basis and a yield of 4.6%. Rexford Industrial Realty’s payout ratio is currently 187.10%.

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.