Currently, there are 236.69M common shares owned by the public and among those 236.17M shares have been available to trade.
The company’s stock has a 5-day price change of -2.03% and 11.38% over the past three months. REXR shares are trading -26.31% year to date (YTD), with the 12-month market performance down to -6.36% lower. It has a 12-month low price of $29.68 and touched a high of $52.61 over the same period. REXR has an average intraday trading volume of 2.81 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -1.07%, 1.04%, and -8.21% respectively.
Institutional ownership of Rexford Industrial Realty Inc (NYSE: REXR) shares accounts for 105.06% of the company’s 236.69M shares outstanding.
It has a market capitalization of $8.57B and a beta (3y monthly) value of 1.11. The stock’s trailing 12-month PE ratio is 29.41, while the earnings-per-share (ttm) stands at $1.23. The company has a PEG of 10.89 and a Quick Ratio of 1.11 with the debt-to-equity ratio at 0.40. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.33% over the week and 2.34% over the month.
Earnings per share for the fiscal year are expected to decrease by -13.87%, and 2.51% over the next financial year. EPS should shrink at an annualized rate of 2.70% over the next five years, compared to 20.55% over the past 5-year period.
Looking at the support for the REXR, a number of firms have released research notes about the stock. Deutsche Bank stated their Hold rating for the stock in a research note on January 14, 2025, with the firm’s price target at $40. Scotiabank coverage for the Rexford Industrial Realty Inc (REXR) stock in a research note released on October 25, 2024 offered a Sector Perform rating with a price target of $48. BofA Securities was of a view on October 21, 2024 that the stock is Neutral, while Evercore ISI gave the stock Outperform rating on July 10, 2024, issuing a price target of $54. Wedbush on their part issued Neutral rating on April 22, 2024.