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Rexford Industrial Realty Inc (NYSE: REXR) closed the day trading at $33.96 up 7.57% from the previous closing price of $31.57. In other words, the price has increased by $7.57 from its previous closing price. On the day, 4.52 million shares were traded. REXR stock price reached its highest trading level at $34.255 during the session, while it also had its lowest trading level at $29.68.
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 138.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 73.36. In the meantime, Its Debt-to-Equity ratio is 0.42 whereas as Long-Term Debt/Eq ratio is at 0.35.
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, Deutsche Bank on January 14, 2025, initiated with a Hold rating and assigned the stock a target price of $40.
On October 25, 2024, Scotiabank Downgraded its rating to Sector Perform which previously was Sector Outperform and also lowered its target price recommendation from $55 to $48.
BofA Securities Downgraded its Buy to Neutral on October 21, 2024, whereas the target price for the stock was revised from $66 to $49.
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 Sep 10 ’24 when CLARK LAURA E sold 14,185 shares for $50.15 per share. The transaction valued at 711,342 led to the insider holds 0 shares of the business.
CLARK LAURA E bought 14,185 shares of REXR for $701,657 on Sep 10 ’24. On Jul 26 ’24, another insider, Schwimmer Howard, who serves as the Co-CEO, Co-President of the company, sold 30,358 shares for $48.86 each. As a result, the insider received 1,483,343 and left with 50,673 shares of the company.
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 8027838464 and an Enterprise Value of 11739714560. As of this moment, Rexford’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.21, and their Forward P/E ratio for the next fiscal year is 24.51. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.30 while its Price-to-Book (P/B) ratio in mrq is 0.94. Its current Enterprise Value per Revenue stands at 12.537 whereas that against EBITDA is 19.117.
Stock Price History:
The Beta on a monthly basis for REXR is 1.17, which has changed by -0.28640473 over the last 52 weeks, in comparison to a change of 0.049593568 over the same period for the S&P500. Over the past 52 weeks, REXR has reached a high of $52.61, while it has fallen to a 52-week low of $31.08. The 50-Day Moving Average of the stock is -14.31%, while the 200-Day Moving Average is calculated to be -22.84%.
Shares Statistics:
Over the past 3-months, REXR traded about 2.36M shares per day on average, while over the past 10 days, REXR traded about 2979090 shares per day. A total of 227.96M shares are outstanding, with a floating share count of 227.49M. Insiders hold about 0.21% of the company’s shares, while institutions hold 106.20% stake in the company. Shares short for REXR as of 1741910400 were 7794507 with a Short Ratio of 3.31, compared to 1739491200 on 7589385. Therefore, it implies a Short% of Shares Outstanding of 7794507 and a Short% of Float of 4.54.
Dividends & Splits
REXR’s forward annual dividend rate is 1.68, up from 1.67 a year ago. Against a Trailing Annual Dividend Yield of 0.05289832The stock’s 5-year Average Dividend Yield is 2.34.
