Rexford Industrial Realty (NYSE:REXR) Releases FY 2026 Earnings Guidance

Rexford Industrial Realty (NYSE:REXR) issued an update on its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 2.380-2.430 for the period, compared to the consensus EPS estimate of 2.390. The company issued revenue guidance of -.

Rexford Industrial Realty Stock Performance

NYSE REXR traded down $0.44 on Thursday, hitting $38.40. 3,108,782 shares of the stock were exchanged, compared to its average volume of 2,565,269. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.70 and a quick ratio of 1.70. The business’s fifty day moving average is $37.04 and its 200 day moving average is $35.64. Rexford Industrial Realty has a 52 week low of $32.14 and a 52 week high of $44.38. The company has a market capitalization of $8.56 billion, a PE ratio of -21.21 and a beta of 1.18.

Rexford Industrial Realty (NYSE:REXR) last announced its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported ($2.26) EPS for the quarter, missing analysts’ consensus estimates of $0.60 by ($2.86). The firm had revenue of $243.00 million during the quarter, compared to the consensus estimate of $240.24 million. Rexford Industrial Realty had a negative net margin of 39.22% and a negative return on equity of 4.61%. The business’s revenue was down 1.6% on a year-over-year basis. During the same period last year, the business earned $0.59 EPS. Rexford Industrial Realty has set its FY 2026 guidance at 2.380-2.430 EPS. Research analysts anticipate that Rexford Industrial Realty will post 2.39 EPS for the current fiscal year.

Rexford Industrial Realty Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be given a dividend of $0.435 per share. This represents a $1.74 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend is Wednesday, September 30th. Rexford Industrial Realty’s payout ratio is -96.13%.

Analysts Set New Price Targets

Several analysts have issued reports on REXR shares. Truist Financial dropped their price objective on Rexford Industrial Realty from $40.00 to $38.00 and set a “buy” rating on the stock in a research note on Thursday, May 21st. Scotiabank boosted their target price on Rexford Industrial Realty from $38.00 to $40.00 and gave the stock a “sector outperform” rating in a report on Monday, August 31st. Jefferies Financial Group cut Rexford Industrial Realty from a “buy” rating to a “hold” rating and set a $40.00 price target on the stock. in a research note on Thursday, August 6th. Raymond James Financial raised Rexford Industrial Realty from an “underperform” rating to a “market perform” rating in a report on Tuesday. Finally, Weiss Ratings raised shares of Rexford Industrial Realty from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday. Five analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $41.00.

About Rexford Industrial Realty

Rexford Industrial Realty, Inc is a real estate investment trust that owns, operates and redevelops industrial properties in Southern California. The company focuses primarily on infill industrial real estate, including warehouses, distribution facilities, manufacturing buildings and other properties used for logistics and commercial operations.

Rexford seeks to create value through the acquisition, leasing, repositioning, redevelopment and development of industrial properties. Its properties are generally located in densely populated and supply-constrained markets across the region, where proximity to customers, transportation infrastructure and major population centers can support demand for industrial space.

Founded in 2001, Rexford Industrial Realty has built a portfolio concentrated in the Greater Los Angeles and San Diego areas.