For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
Rexford Industrial Realty Inc (NYSE: REXR) closed the day trading at $40.81 down -1.35% from the previous closing price of $41.37. In other words, the price has decreased by -$1.35 from its previous closing price. On the day, 1.76 million shares were traded. REXR stock price reached its highest trading level at $41.304 during the session, while it also had its lowest trading level at $40.55.
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 146.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 96.23. 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 the company, Scotiabank on October 25, 2024, Downgraded its rating to Sector Perform and sets its target price to $48 from $55 previously.
On October 21, 2024, BofA Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $66 to $49.
On July 10, 2024, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $54.Evercore ISI initiated its Outperform rating on July 10, 2024, with a $54 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 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 9409480704 and an Enterprise Value of 12904194048. As of this moment, Rexford’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.17, and their Forward P/E ratio for the next fiscal year is 31.53. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.07 while its Price-to-Book (P/B) ratio in mrq is 1.13. Its current Enterprise Value per Revenue stands at 14.276 whereas that against EBITDA is 21.943.
Stock Price History:
Over the past 52 weeks, REXR has reached a high of $58.02, while it has fallen to a 52-week low of $41.16. The 50-Day Moving Average of the stock is -8.57%, while the 200-Day Moving Average is calculated to be -13.49%.
Shares Statistics:
Over the past 3-months, REXR traded about 1.82M shares per day on average, while over the past 10 days, REXR traded about 1732770 shares per day. A total of 222.39M shares are outstanding, with a floating share count of 221.92M. Insiders hold about 0.21% of the company’s shares, while institutions hold 109.71% stake in the company. Shares short for REXR as of 1731628800 were 5646501 with a Short Ratio of 3.10, compared to 1728950400 on 5131383. Therefore, it implies a Short% of Shares Outstanding of 5646501 and a Short% of Float of 3.4000000000000004.
Dividends & Splits
REXR’s forward annual dividend rate is 1.63, up from 1.633 a year ago. Against a Trailing Annual Dividend Yield of 0.03947305The stock’s 5-year Average Dividend Yield is 2.17.
