The body of literature about REXR has also been supplemented by the contributions of additional analysts who have written reports on the company. Wolfe Research published a research note on Rexford Industrial Realty shares on June 21, announcing that it would start covering the stock. They decided that the price target should be set at $63.00 and gave the company the rating of “market perform.” In a research note published on Thursday, June 30, Jefferies Financial Group decreased their price target for Rexford Industrial Realty from $89.00 to $73.00. The report’s subject matter was the company. StockNews.com debuted its coverage of shares of Rexford Industrial Realty on October 12 with the publication of a research note that announced the website’s intention to begin tracking the company. They recommended “selling” the stock to prospective investors. Robert W. Baird increased their target price on Rexford Industrial Realty from $87.00 to $89.00 in a research note published on Friday, July 22. Finally, Stifel Nicolaus began following the shares of Rexford Industrial Realty on Wednesday, October 12, when it published the findings of a research report that day. The plan was complete, and this was the final and most important item. They suggested a “buy” on the stock and set the price goal at $64.00.
Additionally, they provided a recommendation on the stock. Four separate equity research analysts have given the company a buy rating. In contrast, one has recommended that investors hold on to their shares, and a single analyst has given the stock a sell rating. According to data from Bloomberg.com, the consensus view regarding the company’s stock is that it is currently “Moderately Buy,” and the average price target is $71.83 per share.
During the trading session on Tuesday, NYSE REXR experienced a price increase of $0.28, which brought the price to $53.25. The total number of shares traded by the company was 18,418, a significantly lower number than the daily volume of 1,448,242 shares. The company’s moving average for the past 50 days is currently sitting at $59.80, and the moving average for the past 200 days is currently at $64.18. During the last year and a half, the price of a share of Rexford Industrial Realty has fluctuated between $50.00 and $84.68. The debt-to-equity ratio is calculated to be 0.29, the current ratio is calculated to be 0.55, and the quick ratio is also calculated to be 0.55. The current market cap is $9.11 billion, the price-to-earnings-growth ratio is 2.31, the price-to-earnings ratio is 56.27, and the beta value is 0.85. The share price is currently at $9.11 billion.

The most recent earnings report for Rexford Industrial Realty, traded on the NYSE under the REXR, was released on July 20. The real estate investment trust (REIT) reported earnings per share for the quarter of $0.22, below the consensus estimate of $0.24 compiled by analysts by a difference of $0.02. The results showed that Rexford Industrial Realty had a net margin of 29.79%, and the return on equity for the company was 3.17%. The company’s revenue for the most recent quarter came in at $149.12 million, which is lower than the widely believed projection of $149.21 million for the amount of money it would bring in. Earnings per share for the company were $0.39 for the same period in the previous year’s financial report. The company’s quarterly sales growth was 42.9% when measured against the growth in sales during the same quarter of the previous year. Most financial analysts think each share of Rexford Industrial Realty will bring in $1.93 in earnings during the current fiscal year.

The other information regarding Rexford Industrial Realty that is worthy of note is that on August 1, CEO Howard Schwimmer sold 15,350 of the company’s shares of stock. This is an important piece of information. The total value of the stock sold was $1,001,894.50, and the price received for each share was an average of $65.27. Following the completion of the sale, the Chief Executive Officer will become the owner of 52,720 shares in the company, each of which will have a value of $3,441,034.40. Following the link to a document submitted to the SEC can acquire additional information regarding the transaction. Corporate insiders own the total number of shares owned by the company to 1.20%.

Several different hedge funds have recently adjusted the amount of REXR currently held in their respective portfolios. CWM LLC increased its stake in Rexford Industrial Realty by 411.2 percent during the first three months of 2018. As a result of the purchase of an additional 366 shares during the most recent quarter, CWM LLC now directly owns a total of 455 shares of the real estate investment trust. The current market price for each of these shares is $34,000. During the first three months of 2018, Quadrant Capital Group LLC saw a 197.6 percentage point increase in its ownership stake in Rexford Industrial Realty. Quadrant Capital Group LLC now owns 750 shares of the real estate investment trust after purchasing 498 more during the most recent quarter. The current market value of these shares is $55,000. During the first three months of 2018, Archer Investment Corp. added a new position to Rexford Industrial Realty. The position was worth approximately $60,000 and was valued at that amount. During the second quarter of the fiscal year, Assetmark Inc. increased its total ownership of Rexford Industrial Realty to a 3,367.9% stake. Assetmark Inc. now holds a total of 971 shares of the real estate investment trust, valued at $56,000 thanks to the company’s purchase of 943 additional shares during the most recent quarter. Finally, during the first three months of 2018, JJJ Advisors Inc. increased its stake in Rexford Industrial Realty by 38.9 percent. The real estate investment trust is owned by JJJ Advisors Inc., which has a total of 1,124 shares, each valued at $84,000. This translates into an additional 315 shares being issued by the company. Institutional investors and hedge funds own 99.50 percent of the company’s total shares of stock, constituting the majority of shareholders.

In the infill markets of Southern California, industrial properties are owned by a real estate investment trust known as Rexford Industrial. This trust also manages the properties in question. In addition to being the owner of 232 structures with a combined total of over 27.9 million rentable square feet, it also manages an additional 20 properties with a combined total of over 1.0 million rentable square feet.

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