Closing Figures Unveiled: Rexford Industrial Realty Inc (REXR) Drop -1.76, Closes at 48.54

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Rexford Industrial Realty Inc (NYSE: REXR) closed the day trading at $48.54 down -1.76% from the previous closing price of $49.41. In other words, the price has decreased by -$1.76 from its previous closing price. On the day, 1.29 million shares were traded. REXR stock price reached its highest trading level at $49.91 during the session, while it also had its lowest trading level at $48.5.

Ratios:

For a better understanding of REXR, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 84.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 88.21. In the meantime, Its Debt-to-Equity ratio is 0.44 whereas as Long-Term Debt/Eq ratio is at 0.43.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Evercore ISI on July 10, 2024, initiated with a Outperform rating and assigned the stock a target price of $54.

On April 22, 2024, Wedbush started tracking the stock assigning a Neutral rating and target price of $45.

On March 27, 2024, Barclays started tracking the stock assigning a Underweight rating and target price of $45.Barclays initiated its Underweight rating on March 27, 2024, with a $45 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 12 ’24 when Lanzer David E. sold 18,113 shares for $52.69 per share. The transaction valued at 954,408 led to the insider holds 0 shares of the business.

CLARK LAURA E sold 7,410 shares of REXR for $403,703 on Jul 28 ’23. The Chief Financial Officer now owns 2,562 shares after completing the transaction at $54.48 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, REXR now has a Market Capitalization of 10950624256 and an Enterprise Value of 14395318272. As of this moment, Rexford’s Price-to-Earnings (P/E) ratio for their current fiscal year is 40.19, and their Forward P/E ratio for the next fiscal year is 36.03. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.32 while its Price-to-Book (P/B) ratio in mrq is 1.34. Its current Enterprise Value per Revenue stands at 16.594 whereas that against EBITDA is 25.71.

Stock Price History:

The Beta on a monthly basis for REXR is 0.93, which has changed by -0.11504102 over the last 52 weeks, in comparison to a change of 0.19608545 over the same period for the S&P500. Over the past 52 weeks, REXR has reached a high of $58.02, while it has fallen to a 52-week low of $41.56. The 50-Day Moving Average of the stock is 6.16%, while the 200-Day Moving Average is calculated to be -0.63%.

Shares Statistics:

Over the past 3-months, REXR traded about 1.52M shares per day on average, while over the past 10 days, REXR traded about 2339910 shares per day. A total of 219.49M shares are outstanding, with a floating share count of 219.04M. Insiders hold about 0.21% of the company’s shares, while institutions hold 123.71% stake in the company. Shares short for REXR as of 1719532800 were 5854014 with a Short Ratio of 3.85, compared to 1717113600 on 5743411. Therefore, it implies a Short% of Shares Outstanding of 5854014 and a Short% of Float of 3.6199997999999995.

Dividends & Splits

REXR’s forward annual dividend rate is 1.59, up from 1.595 a year ago. Against a Trailing Annual Dividend Yield of 0.032280914The stock’s 5-year Average Dividend Yield is 2.02.

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