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 -.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on REXR. Mizuho cut their target price on Rexford Industrial Realty from $46.00 to $45.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 8th. Bank of America lowered 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 report on Monday, October 21st. Truist Financial dropped their price target on 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. Deutsche Bank Aktiengesellschaft started coverage on 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. Finally, Industrial Alliance Securities set a $55.00 price target on Rexford Industrial Realty in a research report on Friday, October 18th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $49.42.

Rexford Industrial Realty Stock Performance

Shares of NYSE REXR traded down $0.92 during trading hours on Thursday, hitting $39.85. 1,526,137 shares of the company’s stock were exchanged, compared to its average volume of 1,857,555. Rexford Industrial Realty has a 1-year low of $36.92 and a 1-year high of $53.88. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.20 and a quick ratio of 1.20. The stock has a market capitalization of $8.86 billion, a price-to-earnings ratio of 32.40, a PEG ratio of 2.21 and a beta of 0.95. The company’s 50-day moving average price is $39.77 and its 200-day moving average price is $44.94.

Rexford Industrial Realty (NYSE:REXR) last posted its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.58 earnings per share 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.

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.