Rexford Industrial Realty (NYSE:REXR) Releases Earnings Results, Beats Expectations By $0.34 EPS

Rexford Industrial Realty (NYSE:REXR) released its quarterly earnings data on Thursday. The real estate investment trust reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.34, Zacks reports. Rexford Industrial Realty had a net margin of 23.25% and a return on equity of 2.64%. Rexford Industrial Realty updated its FY 2026 guidance to 2.380-2.430 EPS.

Rexford Industrial Realty Stock Down 2.2%

Shares of NYSE REXR traded down $0.81 during mid-day trading on Thursday, reaching $35.96. The company had a trading volume of 2,612,994 shares, compared to its average volume of 2,550,241. The firm has a 50 day simple moving average of $34.83 and a two-hundred day simple moving average of $36.14. Rexford Industrial Realty has a 52-week low of $32.14 and a 52-week high of $44.38. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.38. The stock has a market cap of $8.12 billion, a P/E ratio of 38.67, a PEG ratio of 1.55 and a beta of 1.21.

Insiders Place Their Bets

In related news, General Counsel David E. Lanzer sold 33,299 shares of the business’s stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $35.47, for a total value of $1,181,115.53. Following the completion of the sale, the general counsel directly owned 33,299 shares of the company’s stock, valued at $1,181,115.53. The trade was a 50.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.80% of the stock is currently owned by company insiders.

Institutional Trading of Rexford Industrial Realty

A number of hedge funds and other institutional investors have recently made changes to their positions in REXR. Quarry LP purchased a new position in Rexford Industrial Realty during the 4th quarter worth approximately $116,000. Empowered Funds LLC acquired a new position in Rexford Industrial Realty during the fourth quarter worth approximately $125,000. Wilmington Savings Fund Society FSB purchased a new stake in Rexford Industrial Realty in the third quarter valued at approximately $100,000. Danske Bank A S purchased a new stake in Rexford Industrial Realty in the third quarter valued at approximately $115,000. Finally, Fulcrum Asset Management LLP acquired a new stake in shares of Rexford Industrial Realty in the third quarter valued at approximately $56,000. Institutional investors and hedge funds own 99.52% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Zacks Research upgraded Rexford Industrial Realty from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 28th. Barclays lowered their price objective on Rexford Industrial Realty from $40.00 to $36.00 and set an “underweight” rating for the company in a research report on Thursday, July 16th. JPMorgan Chase & Co. downgraded Rexford Industrial Realty from a “neutral” rating to an “underweight” rating and dropped their price objective for the company from $38.00 to $36.00 in a report on Wednesday, June 17th. Weiss Ratings upgraded Rexford Industrial Realty from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 15th. Finally, Raymond James Financial initiated coverage on Rexford Industrial Realty in a research note on Wednesday, June 17th. They set an “underperform” rating for the company. Five equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $40.38.

Rexford Industrial Realty Company Profile

Rexford Industrial Realty, Inc (NYSE: REXR) is a real estate investment trust (REIT) specializing in the acquisition, ownership and operation of industrial properties in Southern California. The company’s portfolio is concentrated in infill locations across key supply-chain markets, where it targets modern distribution centers, logistics facilities and light manufacturing spaces. Rexford’s strategy emphasizes buildings that offer proximity to major transportation routes and labor pools, catering to tenants in e-commerce, third-party logistics and manufacturing industries.

Since its founding in 2013, Rexford Industrial Realty has executed a disciplined growth plan driven by property acquisitions, selective development projects and strategic value-add initiatives.