Rexford Industrial Realty Inc (REXR) concluded trading on Thursday at a closing price of $44.93, with 5.47 million shares of worth about $245.67 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 4.03% during that period and on October 17, 2024 the price saw a loss of about -9.07%. Currently the company’s common shares owned by public are about 219.52M shares, out of which, 219.06M shares are available for trading.
Stock saw a price change of -3.48% in past 5 days and over the past one month there was a price change of -11.94%. Year-to-date (YTD), REXR shares are showing a performance of -19.91% which decreased to -7.25% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $41.56 but also hit the highest price of $58.02 during that period. The average intraday trading volume for Rexford Industrial Realty Inc shares is 1.52 million. The stock is currently trading -8.16% below its 20-day simple moving average (SMA20), while that difference is down -10.04% for SMA50 and it goes to -8.37% lower than SMA200.
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Rexford Industrial Realty Inc (NYSE: REXR) currently have 219.52M outstanding shares and institutions hold larger chunk of about 109.26% of that.
The stock has a current market capitalization of $9.86B and its 3Y-monthly beta is at 0.94. PE ratio of stock for trailing 12 months is 36.52, while it has posted earnings per share of $1.23 in the same period. Its PEG reads 3.49 while making debt-to-equity ratio of 0.43. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for REXR, volatility over the week remained 3.38% while standing at 2.12% over the month.
Stock’s fiscal year EPS is expected to rise by 7.55% while it is estimated to increase by 12.35% in next year. EPS is likely to shrink at an annualized rate of 10.46% for next 5-years, compared to annual growth of 22.03% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Evercore ISI on July 10, 2024 offering an Outperform rating for the stock and assigned a target price of $54 to it. Coverage by Wedbush stated Rexford Industrial Realty Inc (REXR) stock as a Neutral in their note to investors on April 22, 2024, suggesting a price target of $45 for the stock. On March 27, 2024, Barclays Initiated their recommendations, while on February 07, 2024, JP Morgan Downgrade their ratings for the stock with a price target of $55. Stock get a Neutral rating from Robert W. Baird on January 05, 2024.
