Rexford Industrial Realty (REXR) Projected to Post Quarterly Earnings on Wednesday

by · The Markets Daily

Rexford Industrial Realty (NYSE:REXR – Get Free Report) is anticipated to issue its Q2 2025 quarterly earnings data after the market closes on Wednesday, July 16th. Analysts expect the company to announce earnings of $0.58 per share and revenue of $251.72 million for the quarter. Rexford Industrial Realty has set its FY 2025 guidance at 2.370-2.410 EPS.

Rexford Industrial Realty (NYSE:REXR – Get Free Report) last posted its quarterly earnings results on Wednesday, April 16th. The real estate investment trust reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.05. The company had revenue of $248.82 million for the quarter, compared to analysts’ expectations of $246.74 million. Rexford Industrial Realty had a net margin of 28.96% and a return on equity of 3.31%. On average, analysts expect Rexford Industrial Realty to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Rexford Industrial Realty Trading Up 0.1%

NYSE:REXR opened at $37.11 on Tuesday. The company has a current ratio of 4.90, a quick ratio of 4.90 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $8.78 billion, a PE ratio of 29.93, a price-to-earnings-growth ratio of 3.40 and a beta of 1.13. The firm’s 50 day moving average is $35.86 and its 200 day moving average is $37.34. Rexford Industrial Realty has a 12 month low of $29.68 and a 12 month high of $52.61.

Rexford Industrial Realty Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be issued a $0.43 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 4.63%. Rexford Industrial Realty’s dividend payout ratio (DPR) is presently 138.71%.

Analysts Set New Price Targets

Several research firms have recently issued reports on REXR. Scotiabank lowered their price target on shares of Rexford Industrial Realty from $39.00 to $37.00 and set a “sector perform” rating on the stock in a research report on Monday, May 12th. Wells Fargo & Company lowered their target price on shares of Rexford Industrial Realty from $45.00 to $39.00 and set an “overweight” rating on the stock in a report on Monday, May 19th. Robert W. Baird set a $43.00 target price on shares of Rexford Industrial Realty in a report on Tuesday, May 6th. 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, April 21st. Finally, Truist Financial lowered their target price on shares of Rexford Industrial Realty from $44.00 to $37.00 and set a “buy” rating on the stock in a report on Thursday, May 1st. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $40.00.

Read Our Latest Research Report on Rexford Industrial Realty

Institutional Trading of Rexford Industrial Realty

Hedge funds and other institutional investors have recently bought and sold shares of the company. Goldman Sachs Group Inc. increased its position in shares of Rexford Industrial Realty by 41.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,811,775 shares of the real estate investment trust’s stock valued at $70,931,000 after purchasing an additional 526,877 shares during the last quarter. AQR Capital Management LLC increased its position in shares of Rexford Industrial Realty by 309.8% during the 1st quarter. AQR Capital Management LLC now owns 118,245 shares of the real estate investment trust’s stock valued at $4,628,000 after purchasing an additional 89,390 shares during the last quarter. Finally, Royal Bank of Canada increased its position in shares of Rexford Industrial Realty by 3.5% during the 1st quarter. Royal Bank of Canada now owns 251,550 shares of the real estate investment trust’s stock valued at $9,849,000 after purchasing an additional 8,506 shares during the last quarter. Institutional investors own 99.52% of the company’s stock.

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.

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