Rexford Industrial Realty (NYSE:REXR) Updates 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 -.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Mizuho lowered their target price on Rexford Industrial Realty from $46.00 to $45.00 and set a “neutral” rating for the company in a report on Wednesday, January 8th. StockNews.com lowered Rexford Industrial Realty from a “hold” rating to a “sell” rating in a research report on Monday, October 21st. Truist Financial reduced their price target on Rexford Industrial Realty from $54.00 to $50.00 and set a “buy” rating for the company in a research report on Tuesday, November 12th. Evercore ISI reiterated an “outperform” rating on shares of Rexford Industrial Realty in a report on Friday, October 18th. Finally, Bank of America cut shares of Rexford Industrial Realty from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $66.00 to $49.00 in a report on Monday, October 21st. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $49.42.

Rexford Industrial Realty Stock Performance

Shares of REXR stock traded down $0.00 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. Rexford Industrial Realty has a 12 month low of $36.92 and a 12 month high of $53.88. The firm has a market capitalization of $9.07 billion, a price-to-earnings ratio of 33.15, a P/E/G ratio of 2.21 and a beta of 0.95. The firm’s 50-day moving average is $39.77 and its two-hundred day moving average is $44.94. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.40.

Rexford Industrial Realty (NYSE:REXR) last released its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.58 earnings per share (EPS) for the quarter, beating 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%. On average, research analysts expect that Rexford Industrial Realty will post 2.34 EPS 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.