Rexford Industrial Realty (NYSE:REXR) Posts Quarterly Earnings Results, Beats Estimates By $0.34 EPS

Rexford Industrial Realty (NYSE:REXR) released its quarterly earnings results on Thursday. The real estate investment trust reported $0.63 earnings per share for the quarter, beating analysts’ consensus estimates 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 Price Performance

NYSE REXR traded down $0.81 on Thursday, hitting $35.96. 2,612,956 shares of the company’s stock were exchanged, compared to its average volume of 2,550,233. The stock has a 50-day moving average of $34.83 and a 200-day moving average of $36.14. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.38. Rexford Industrial Realty has a 52 week low of $32.14 and a 52 week high of $44.38. The stock has a market cap of $8.12 billion, a price-to-earnings ratio of 38.67, a P/E/G ratio of 1.55 and a beta of 1.21.

Analyst Ratings Changes

A number of research firms have commented on REXR. Evercore upgraded Rexford Industrial Realty from an “in-line” rating to an “outperform” rating and set a $40.00 price objective on the stock in a research note on Monday, April 13th. Wells Fargo & Company cut their target price on Rexford Industrial Realty from $45.00 to $44.00 and set an “overweight” rating for the company in a research report on Monday, June 1st. Raymond James Financial began coverage on Rexford Industrial Realty in a report on Wednesday, June 17th. They set an “underperform” rating on the stock. Weiss Ratings raised Rexford Industrial Realty from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, July 15th. Finally, Mizuho cut their price objective on shares of Rexford Industrial Realty from $38.00 to $35.00 and set a “neutral” rating for the company in a research report on Wednesday, June 10th. Five investment analysts have rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Rexford Industrial Realty presently has a consensus rating of “Hold” and a consensus target price of $40.38.

Insiders Place Their Bets

In other Rexford Industrial Realty news, General Counsel David E. Lanzer sold 33,299 shares of Rexford Industrial Realty stock in a transaction dated Tuesday, April 28th. The stock was sold at an average price of $35.47, for a total value of $1,181,115.53. Following the transaction, the general counsel owned 33,299 shares in the company, valued at $1,181,115.53. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.80% of the stock is owned by company insiders.

Hedge Funds Weigh In On Rexford Industrial Realty

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Quarry LP bought a new stake in Rexford Industrial Realty during the 4th quarter worth $116,000. Empowered Funds LLC acquired a new stake in shares of Rexford Industrial Realty during the fourth quarter valued at about $125,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Rexford Industrial Realty during the third quarter worth about $100,000. Danske Bank A S bought a new position in Rexford Industrial Realty in the 3rd quarter valued at approximately $115,000. Finally, Fulcrum Asset Management LLP bought a new position in Rexford Industrial Realty in the 3rd quarter valued at approximately $56,000. Institutional investors own 99.52% of the company’s stock.

About Rexford Industrial Realty

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.