Rexford Industrial Realty Inc (NYSE: REXR): Do Not Miss The Gain Train

Rexford Industrial Realty Inc (REXR) concluded trading on Thursday at a closing price of $40.56, with 4.42 million shares of worth about $179.12 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -16.87% during that period and on February 06, 2025 the price saw a loss of about -0.52%. Currently the company’s common shares owned by public are about 225.29M shares, out of which, 221.92M shares are available for trading.

Stock saw a price change of -0.47% in past 5 days and over the past one month there was a price change of 4.67%. Year-to-date (YTD), REXR shares are showing a performance of 4.91% which decreased to -22.46% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $36.92 but also hit the highest price of $53.88 during that period. The average intraday trading volume for Rexford Industrial Realty Inc shares is 1.93 million. The stock is currently trading 1.66% above its 20-day simple moving average (SMA20), while that difference is up 1.30% for SMA50 and it goes to -10.05% lower than SMA200.

Rexford Industrial Realty Inc (NYSE: REXR) currently have 225.29M outstanding shares and institutions hold larger chunk of about 109.64% of that.

The stock has a current market capitalization of $9.02B and its 3Y-monthly beta is at 1.01. PE ratio of stock for trailing 12 months is 33.69, while it has posted earnings per share of $1.20 in the same period. Its PEG reads 3.35 while making debt-to-equity ratio of 0.42. 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 2.91% while standing at 2.72% over the month.

Stock’s fiscal year EPS is expected to rise by 5.03% while it is estimated to increase by 13.69% in next year. EPS is likely to shrink at an annualized rate of 10.06% for next 5-years, compared to annual growth of 20.49% 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 Deutsche Bank on January 14, 2025 offering a Hold rating for the stock and assigned a target price of $40 to it. Coverage by Scotiabank stated Rexford Industrial Realty Inc (REXR) stock as a Sector perform in their note to investors on October 25, 2024, suggesting a price target of $48 for the stock. On October 21, 2024, BofA Securities Downgrade their recommendations, while on July 10, 2024, Evercore ISI Initiated their ratings for the stock with a price target of $54. Stock get a Neutral rating from Wedbush on April 22, 2024.

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