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

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

Rexford Industrial Realty Trading Down 3.0 %

NYSE:REXR traded down $1.22 on Thursday, reaching $39.56. The stock had a trading volume of 251,168 shares, compared to its average volume of 1,801,660. The company has a market cap of $8.80 billion, a price-to-earnings ratio of 32.14, a P/E/G ratio of 2.21 and a beta of 0.95. 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 firm’s fifty day moving average is $39.77 and its two-hundred day moving average is $44.94. Rexford Industrial Realty has a 12-month low of $36.92 and a 12-month high of $53.88.

Analyst Upgrades and Downgrades

REXR has been the subject of a number of research analyst reports. Industrial Alliance Securities set a $55.00 price target on Rexford Industrial Realty in a report on Friday, October 18th. StockNews.com downgraded Rexford Industrial Realty from a “hold” rating to a “sell” rating in a report on Monday, October 21st. Truist Financial decreased their price objective on Rexford Industrial Realty from $54.00 to $50.00 and set a “buy” rating for the company in a report on Tuesday, November 12th. 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. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Rexford Industrial Realty in a research note on Tuesday, January 14th. They set a “hold” rating and a $40.00 price target for the company. 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. Based on data from MarketBeat, Rexford Industrial Realty currently has an average 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.