Rexford Industrial Realty (NYSE:REXR) Releases Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Rexford Industrial Realty (NYSE:REXR) issued its earnings results on Wednesday. The real estate investment trust reported $0.59 EPS for the quarter, topping the consensus estimate of $0.58 by $0.01, Zacks reports. Rexford Industrial Realty had a net margin of 33.88% and a return on equity of 3.81%. The company had revenue of $248.10 million for the quarter, compared to analyst estimates of $249.05 million. During the same period in the previous year, the firm earned $0.58 EPS. The business’s revenue was up 2.1% on a year-over-year basis. Rexford Industrial Realty updated its FY 2026 guidance to 2.350-2.400 EPS.

Rexford Industrial Realty Price Performance

Shares of REXR stock opened at $41.39 on Thursday. Rexford Industrial Realty has a one year low of $29.68 and a one year high of $44.38. The firm has a market cap of $9.64 billion, a price-to-earnings ratio of 29.15, a P/E/G ratio of 2.56 and a beta of 1.23. The stock’s fifty day simple moving average is $40.29 and its 200 day simple moving average is $40.50. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.95 and a quick ratio of 2.95.

Rexford Industrial Realty Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be issued a dividend of $0.435 per share. This represents a $1.74 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend is Tuesday, March 31st. This is a positive change from Rexford Industrial Realty’s previous quarterly dividend of $0.43. Rexford Industrial Realty’s payout ratio is 121.13%.

Analysts Set New Price Targets

REXR has been the topic of a number of research reports. BNP Paribas Exane downgraded Rexford Industrial Realty to a “hold” rating in a report on Tuesday, October 21st. Weiss Ratings reiterated a “hold (c)” rating on shares of Rexford Industrial Realty in a research report on Thursday, January 22nd. Wall Street Zen downgraded Rexford Industrial Realty from a “hold” rating to a “sell” rating in a research note on Saturday, October 18th. UBS Group set a $44.00 price target on Rexford Industrial Realty in a research note on Monday, November 10th. Finally, Scotiabank lifted their target price on Rexford Industrial Realty from $43.00 to $44.00 and gave the stock a “sector perform” rating in a report on Monday, November 10th. Three equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Rexford Industrial Realty currently has a consensus rating of “Hold” and an average target price of $43.00.

Insider Buying and Selling at Rexford Industrial Realty

In other news, CEO Michael S. Frankel sold 20,318 shares of Rexford Industrial Realty stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $41.61, for a total value of $845,431.98. Following the completion of the sale, the chief executive officer directly owned 602,288 shares of the company’s stock, valued at approximately $25,061,203.68. This trade represents a 3.26% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold 57,118 shares of company stock valued at $2,345,706 over the last ninety days. Insiders own 1.20% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in REXR. Wiser Advisor Group LLC acquired a new position in Rexford Industrial Realty during the 3rd quarter worth approximately $34,000. Advisory Services Network LLC acquired a new position in shares of Rexford Industrial Realty in the third quarter valued at about $46,000. Fulcrum Asset Management LLP acquired a new stake in Rexford Industrial Realty during the third quarter worth approximately $56,000. Wilmington Savings Fund Society FSB bought a new stake in Rexford Industrial Realty during the third quarter worth about $100,000. Finally, Danske Bank A S bought a new stake in Rexford Industrial Realty during the third quarter worth $115,000. 99.52% of the stock is currently owned by institutional investors.

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.