Rexford Industrial Realty (NYSE:REXR – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 2.380-2.430 for the period, compared to the consensus estimate of 2.400. The company issued revenue guidance of -.
Wall Street Analysts Forecast Growth
Several research analysts have recently commented on REXR shares. Truist Financial dropped their price target on shares of Rexford Industrial Realty from $40.00 to $38.00 and set a “buy” rating on the stock in a research note on Thursday, May 21st. Evercore upgraded shares of Rexford Industrial Realty from an “in-line” rating to an “outperform” rating and set a $40.00 price objective for the company in a report on Monday, April 13th. Barclays lowered their target price on shares of Rexford Industrial Realty from $40.00 to $36.00 and set an “underweight” rating on the stock in a research report on Thursday, July 16th. Raymond James Financial began coverage on Rexford Industrial Realty in a report on Wednesday, June 17th. They set an “underperform” rating on the stock. Finally, Wall Street Zen cut Rexford Industrial Realty from a “hold” rating to a “sell” rating in a research report on Monday. Five analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $40.38.
Check Out Our Latest Research Report on Rexford Industrial Realty
Rexford Industrial Realty Stock Performance
Rexford Industrial Realty (NYSE:REXR – Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.34. Rexford Industrial Realty had a net margin of 23.25% and a return on equity of 2.64%. Rexford Industrial Realty has set its FY 2026 guidance at 2.380-2.430 EPS. As a group, equities research analysts predict that Rexford Industrial Realty will post 2.4 earnings per share for the current year.
Insider Activity
In other 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 directly owned 33,299 shares in the company, valued at approximately $1,181,115.53. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.80% of the company’s stock.
Institutional Trading of Rexford Industrial Realty
Several hedge funds and other institutional investors have recently bought and sold shares of REXR. Quarry LP acquired a new position in Rexford Industrial Realty in the 4th quarter valued at approximately $116,000. Empowered Funds LLC bought a new stake in shares of Rexford Industrial Realty during the fourth quarter valued at approximately $125,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Rexford Industrial Realty during the third quarter valued at approximately $100,000. Danske Bank A S acquired a new position in shares of Rexford Industrial Realty in the third quarter valued at $115,000. Finally, Fulcrum Asset Management LLP acquired a new position in shares of Rexford Industrial Realty in the third quarter valued at $56,000. 99.52% of the stock is currently owned by institutional investors and hedge funds.
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.
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