Rexford Industrial Realty (NYSE:REXR) Issues FY 2026 Earnings Guidance

Rexford Industrial Realty (NYSE:REXR) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 2.370-2.42 for the period, compared to the consensus EPS estimate of 2.400. The company issued revenue guidance of -.

Rexford Industrial Realty Trading Up 0.1%

Shares of REXR traded up $0.04 during trading hours on Thursday, reaching $36.30. 2,804,452 shares of the company traded hands, compared to its average volume of 2,636,853. Rexford Industrial Realty has a 12 month low of $32.14 and a 12 month high of $44.38. The company has a quick ratio of 2.51, a current ratio of 2.51 and a debt-to-equity ratio of 0.37. The company’s fifty day moving average price is $35.41 and its two-hundred day moving average price is $38.87. The company has a market capitalization of $8.15 billion, a price-to-earnings ratio of 42.71, a price-to-earnings-growth ratio of 2.65 and a beta of 1.26.

Rexford Industrial Realty (NYSE:REXR) last posted its quarterly earnings data on Thursday, April 23rd. The real estate investment trust reported $0.38 EPS for the quarter, topping the consensus estimate of $0.27 by $0.11. Rexford Industrial Realty had a net margin of 21.03% and a return on equity of 2.37%. The business had revenue of $242.14 million for the quarter, compared to analyst estimates of $243.79 million. Rexford Industrial Realty has set its FY 2026 guidance at 2.370-2.42 EPS. Equities research analysts predict that Rexford Industrial Realty will post 2.4 earnings per share for the current fiscal year.

Rexford Industrial Realty Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were paid a dividend of $0.435 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This is an increase from Rexford Industrial Realty’s previous quarterly dividend of $0.43. This represents a $1.74 annualized dividend and a yield of 4.8%. Rexford Industrial Realty’s payout ratio is presently 204.71%.

Analysts Set New Price Targets

REXR has been the topic of several research reports. JPMorgan Chase & Co. dropped their price objective on shares of Rexford Industrial Realty from $42.00 to $39.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 18th. Zacks Research lowered shares of Rexford Industrial Realty from a “hold” rating to a “strong sell” rating in a research note on Wednesday, February 4th. Weiss Ratings reissued a “hold (c)” rating on shares of Rexford Industrial Realty in a research note on Thursday, January 22nd. Evercore raised shares of 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. Finally, Citigroup dropped their price objective on shares of Rexford Industrial Realty from $46.00 to $39.00 and set a “neutral” rating on the stock in a research note on Friday, February 13th. Four research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Rexford Industrial Realty presently has a consensus rating of “Hold” and an average target price of $41.92.

Insider Activity

In other news, Director David P. Stockert bought 5,000 shares of the company’s stock in a transaction dated Friday, February 27th. The shares were purchased at an average price of $37.39 per share, for a total transaction of $186,950.00. Following the completion of the purchase, the director owned 6,829 shares in the company, valued at approximately $255,336.31. This represents a 273.37% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Michael S. Frankel sold 23,132 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $35.29, for a total transaction of $816,328.28. Following the completion of the transaction, the chief executive officer owned 560,406 shares in the company, valued at approximately $19,776,727.74. This represents a 3.96% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have bought 12,960 shares of company stock worth $486,804. Corporate insiders own 1.20% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in REXR. Wiser Advisor Group LLC purchased a new position in shares of Rexford Industrial Realty during the third quarter valued at approximately $34,000. Meeder Asset Management Inc. raised its holdings in shares of Rexford Industrial Realty by 724.4% during the fourth quarter. Meeder Asset Management Inc. now owns 1,113 shares of the real estate investment trust’s stock valued at $43,000 after purchasing an additional 978 shares during the last quarter. Los Angeles Capital Management LLC purchased a new position in shares of Rexford Industrial Realty during the fourth quarter valued at approximately $45,000. Advisory Services Network LLC purchased a new position in shares of Rexford Industrial Realty during the third quarter valued at approximately $46,000. Finally, Prosperity Bancshares Inc purchased a new position in shares of Rexford Industrial Realty during the fourth quarter valued at approximately $47,000. 99.52% of the stock is owned by hedge funds and other 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.