Rexford Industrial Realty Inc (REXR) concluded trading on Thursday at a closing price of $37.97, with 3.3 million shares of worth about $125.26 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -14.71% during that period and on December 19, 2024 the price saw a loss of about -0.37%. Currently the company’s common shares owned by public are about 222.39M shares, out of which, 221.92M shares are available for trading.
Stock saw a price change of -5.81% in past 5 days and over the past one month there was a price change of -11.59%. Year-to-date (YTD), REXR shares are showing a performance of -32.32% which decreased to -32.75% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $38.10 but also hit the highest price of $57.01 during that period. The average intraday trading volume for Rexford Industrial Realty Inc shares is 1.89 million. The stock is currently trading -7.52% below its 20-day simple moving average (SMA20), while that difference is down -11.45% for SMA50 and it goes to -18.51% lower than SMA200.
Rexford Industrial Realty Inc (NYSE: REXR) currently have 222.39M outstanding shares and institutions hold larger chunk of about 109.69% of that.
The stock has a current market capitalization of $8.44B and its 3Y-monthly beta is at 0.96. PE ratio of stock for trailing 12 months is 30.86, while it has posted earnings per share of $1.23 in the same period. Its PEG reads 3.30 while making debt-to-equity ratio of 0.44. 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 3.11% while standing at 2.44% over the month.
Stock’s fiscal year EPS is expected to rise by 8.37% while it is estimated to increase by 6.62% in next year. EPS is likely to shrink at an annualized rate of 9.35% 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 Scotiabank on October 25, 2024 offering a Sector perform rating for the stock and assigned a target price range of between $55 and $48 to it. Coverage by BofA Securities stated Rexford Industrial Realty Inc (REXR) stock as a Neutral in their note to investors on October 21, 2024, suggesting a price target of $49 for the stock. On July 10, 2024, Evercore ISI Initiated their recommendations, while on April 22, 2024, Wedbush Initiated their ratings for the stock with a price target of $45. Stock get an Underweight rating from Barclays on March 27, 2024.
