Rexford Industrial Realty, Inc. (NYSE:REXR) Receives $41.92 Average Price Target from Analysts

Shares of Rexford Industrial Realty, Inc. (NYSE:REXR) have been given a consensus rating of “Hold” by the thirteen ratings firms that are currently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $41.9231.

A number of research firms have recently commented on REXR. iA Financial set a $45.00 price objective on shares of Rexford Industrial Realty in a research note on Friday, February 6th. Mizuho raised their target price on shares of Rexford Industrial Realty from $40.00 to $41.00 and gave the stock a “neutral” rating in a research report on Thursday, December 4th. Cantor Fitzgerald lowered their target price on shares of Rexford Industrial Realty from $50.00 to $45.00 and set an “overweight” rating for the company in a report on Friday, February 6th. Evercore dropped their price target on shares of Rexford Industrial Realty from $41.00 to $40.00 and set an “in-line” rating for the company in a research report on Monday, December 22nd. Finally, JPMorgan Chase & Co. cut their price target on shares of Rexford Industrial Realty from $42.00 to $39.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 18th.

Insider Activity at Rexford Industrial Realty

In other news, COO Laura E. Clark bought 5,310 shares of Rexford Industrial Realty stock in a transaction that occurred on Friday, February 27th. The shares were purchased at an average price of $37.73 per share, for a total transaction of $200,346.30. Following the completion of the acquisition, the chief operating officer owned 5,310 shares of the company’s stock, valued at $200,346.30. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director David P. Stockert purchased 5,000 shares of the stock in a transaction on Friday, February 27th. The shares were purchased at an average cost of $37.39 per share, with a total value of $186,950.00. Following the transaction, the director owned 6,829 shares of the company’s stock, valued at $255,336.31. This trade represents a 273.37% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders have bought 12,960 shares of company stock worth $486,804. 1.20% of the stock is owned by insiders.

Institutional Trading of Rexford Industrial Realty

A number of institutional investors have recently modified their holdings of REXR. Knights of Columbus Asset Advisors LLC acquired a new stake in shares of Rexford Industrial Realty in the third quarter worth $1,879,000. Cibc World Market Inc. acquired a new position in shares of Rexford Industrial Realty during the 3rd quarter valued at $41,111,000. Whittier Trust Co. lifted its holdings in shares of Rexford Industrial Realty by 30.6% during the 3rd quarter. Whittier Trust Co. now owns 383,961 shares of the real estate investment trust’s stock valued at $16,000,000 after acquiring an additional 89,903 shares in the last quarter. Westwood Holdings Group Inc. boosted its position in Rexford Industrial Realty by 10.1% during the 2nd quarter. Westwood Holdings Group Inc. now owns 649,966 shares of the real estate investment trust’s stock worth $23,119,000 after purchasing an additional 59,671 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. boosted its position in Rexford Industrial Realty by 39.1% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 171,477 shares of the real estate investment trust’s stock worth $7,145,000 after purchasing an additional 48,187 shares during the period. Hedge funds and other institutional investors own 99.52% of the company’s stock.

Rexford Industrial Realty Price Performance

Shares of NYSE:REXR opened at $34.48 on Friday. The company has a market cap of $7.99 billion, a P/E ratio of 40.56, a P/E/G ratio of 2.50 and a beta of 1.24. The company has a quick ratio of 2.51, a current ratio of 2.51 and a debt-to-equity ratio of 0.37. Rexford Industrial Realty has a 52 week low of $29.68 and a 52 week high of $44.38. The business has a fifty day simple moving average of $38.46 and a 200-day simple moving average of $40.38.

Rexford Industrial Realty (NYSE:REXR) last released its earnings results on Wednesday, February 4th. The real estate investment trust reported $0.59 EPS for the quarter, beating the consensus estimate of $0.58 by $0.01. Rexford Industrial Realty had a return on equity of 2.37% and a net margin of 21.03%.The firm had revenue of $248.10 million during the quarter, compared to analyst estimates of $249.05 million. During the same period in the prior year, the firm posted $0.58 earnings per share. The business’s quarterly revenue was up 2.1% compared to the same quarter last year. Rexford Industrial Realty has set its FY 2026 guidance at 2.350-2.400 EPS. Equities research analysts forecast that Rexford Industrial Realty will post 2.38 EPS for the current year.

Rexford Industrial Realty Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be given a $0.435 dividend. This is an increase from Rexford Industrial Realty’s previous quarterly dividend of $0.43. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $1.74 annualized dividend and a dividend yield of 5.0%. Rexford Industrial Realty’s dividend payout ratio is 202.35%.

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.