Rexford Industrial Realty (NYSE:REXR) Releases FY 2025 Earnings Guidance

Rexford Industrial Realty (NYSE:REXR) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 2.370-2.410 for the period, compared to the consensus EPS estimate of 2.480. The company issued revenue guidance of -.

Rexford Industrial Realty Trading Down 1.8 %

Shares of NYSE REXR traded down $0.71 on Friday, reaching $39.85. 1,547,724 shares of the company traded hands, compared to its average volume of 1,960,144. The company has a 50 day moving average of $39.73 and a 200 day moving average of $44.91. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.40. Rexford Industrial Realty has a fifty-two week low of $36.92 and a fifty-two week high of $53.88. The stock has a market capitalization of $8.86 billion, a PE ratio of 32.40, a P/E/G ratio of 2.21 and a beta of 0.95.

Rexford Industrial Realty (NYSE:REXR) last issued its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.58 earnings per share (EPS) for the quarter, topping 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, equities research analysts forecast that Rexford Industrial Realty will post 2.34 earnings per share for the current fiscal year.

Rexford Industrial Realty Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.43 per share. The ex-dividend date of this dividend is Monday, March 31st. This is an increase from Rexford Industrial Realty’s previous quarterly dividend of $0.42. This represents a $1.72 annualized dividend and a dividend yield of 4.32%. Rexford Industrial Realty’s dividend payout ratio (DPR) is currently 135.77%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on REXR. Industrial Alliance Securities set a $55.00 target price on shares of Rexford Industrial Realty in a research report on Friday, October 18th. Truist Financial cut their price objective on Rexford Industrial Realty from $54.00 to $50.00 and set a “buy” rating on the stock in a research note on Tuesday, November 12th. Barclays dropped their target price on shares of Rexford Industrial Realty from $44.00 to $41.00 and set an “underweight” rating on the stock in a report on Monday, January 13th. Bank of America lowered Rexford Industrial Realty from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $66.00 to $49.00 in a research report on Monday, October 21st. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Rexford Industrial Realty in a research note on Tuesday, January 14th. They set a “hold” rating and a $40.00 target price on the stock. 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. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price 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.