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

Rexford Industrial Realty (NYSE:REXR) updated its FY 2025 earnings guidance on Wednesday. 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 equities analysts have weighed in on REXR shares. 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 note on Wednesday, January 8th. Bank of America downgraded Rexford Industrial Realty from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $66.00 to $49.00 in a report on Monday, October 21st. Industrial Alliance Securities set a $55.00 price objective on Rexford Industrial Realty in a research report on Friday, October 18th. Evercore ISI reaffirmed an “outperform” rating on shares of Rexford Industrial Realty in a research note on Friday, October 18th. Finally, Scotiabank lowered Rexford Industrial Realty from a “sector outperform” rating to a “sector perform” rating and lowered their price objective for the stock from $55.00 to $48.00 in a research report on Friday, October 25th. Two equities research 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 stock currently has an average rating of “Hold” and an average price target of $49.42.

Rexford Industrial Realty Trading Down 0.0 %

Shares of REXR traded down $0.00 during trading hours on Wednesday, reaching $40.78. The stock had a trading volume of 2,055,066 shares, compared to its average volume of 1,874,894. The company has a market cap of $9.07 billion, a P/E ratio of 33.15, a P/E/G ratio of 2.21 and a beta of 0.95. Rexford Industrial Realty has a 52 week low of $36.92 and a 52 week high of $53.88. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.40. The firm has a 50-day moving average of $39.77 and a 200 day moving average of $44.94.

Rexford Industrial Realty (NYSE:REXR) last announced its quarterly earnings results on Wednesday, February 5th. The real estate investment trust reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.31. Rexford Industrial Realty had a return on equity of 3.35% and a net margin of 30.40%. On average, sell-side analysts expect 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.