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

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

Analysts Set New Price Targets

A number of research firms recently commented on REXR. Bank of America downgraded Rexford Industrial Realty from a “buy” rating to a “neutral” rating and dropped their price target for the company from $66.00 to $49.00 in a research note on Monday, October 21st. Mizuho dropped their target price on shares of Rexford Industrial Realty from $46.00 to $45.00 and set a “neutral” rating for the company in a research report on Wednesday, January 8th. Truist Financial reduced their price target on shares of Rexford Industrial Realty from $54.00 to $50.00 and set a “buy” rating on the stock in a research report on Tuesday, November 12th. StockNews.com downgraded shares of Rexford Industrial Realty from a “hold” rating to a “sell” rating in a research report on Monday, October 21st. Finally, Deutsche Bank Aktiengesellschaft started coverage on Rexford Industrial Realty in a research note on Tuesday, January 14th. They set a “hold” rating and a $40.00 target price for the company. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $49.42.

Rexford Industrial Realty Trading Down 0.0 %

REXR stock traded down $0.00 during trading on Wednesday, hitting $40.78. The company had a trading volume of 2,055,066 shares, compared to its average volume of 1,874,894. The stock has a market cap of $9.07 billion, a PE ratio of 33.15, a PEG ratio of 2.21 and a beta of 0.95. Rexford Industrial Realty has a one year low of $36.92 and a one year high of $53.88. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.40. The business has a 50-day moving average of $39.77 and a 200-day moving average of $44.94.

Rexford Industrial Realty (NYSE:REXR) last issued its quarterly earnings results on Wednesday, February 5th. The real estate investment trust reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.31. Rexford Industrial Realty had a return on equity of 3.35% and a net margin of 30.40%. Research analysts predict that Rexford Industrial Realty will post 2.34 earnings per share for the current fiscal year.

Rexford Industrial Realty Company Profile

Rexford Industrial creates value by investing in, operating and redeveloping industrial properties throughout infill Southern California, the world's fourth largest industrial market and consistently the highest-demand with lowest-supply major market in the nation. The Company's highly differentiated strategy enables internal and external growth opportunities through its proprietary value creation and asset management capabilities.