Rexford Industrial Realty (NYSE:REXR) Issues Earnings Results, Beats Estimates By $0.31 EPS

Rexford Industrial Realty (NYSE:REXR) posted its earnings results on Wednesday. The real estate investment trust reported $0.58 EPS for the quarter, topping the consensus estimate of $0.27 by $0.31, Zacks reports. Rexford Industrial Realty had a net margin of 30.40% and a return on equity of 3.35%. Rexford Industrial Realty updated its FY 2025 guidance to 2.370-2.410 EPS.

Rexford Industrial Realty Stock Down 0.0 %

Shares of Rexford Industrial Realty stock traded down $0.00 during trading hours on Wednesday, reaching $40.78. The company’s stock had a trading volume of 2,055,066 shares, compared to its average volume of 1,874,894. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.20 and a current ratio of 1.20. The stock’s fifty day simple moving average is $39.81 and its two-hundred day simple moving average is $44.97. The company has a market capitalization 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 one year low of $36.92 and a one year high of $53.88.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on REXR shares. Barclays decreased their price objective on Rexford Industrial Realty from $44.00 to $41.00 and set an “underweight” rating for the company in a report on Monday, January 13th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Rexford Industrial Realty in a research report on Tuesday, January 14th. They set a “hold” rating and a $40.00 price target on the stock. Evercore ISI reissued an “outperform” rating on shares of Rexford Industrial Realty in a research report on Friday, October 18th. Bank of America lowered Rexford Industrial Realty from a “buy” rating to a “neutral” rating and cut their target price for the company from $66.00 to $49.00 in a research report on Monday, October 21st. Finally, Industrial Alliance Securities set a $55.00 price target on Rexford Industrial Realty in a research note on Friday, October 18th. Two 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.com, the company presently has a consensus rating of “Hold” and a consensus price target of $49.42.

About Rexford Industrial Realty

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.