Trading Day Triumph: Rexford Industrial Realty Inc (REXR) Ends at 49.45, a -1.71 Surge/Plunge

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Rexford Industrial Realty Inc (NYSE: REXR) closed the day trading at $49.45 down -1.71% from the previous closing price of $50.31. In other words, the price has decreased by -$1.71 from its previous closing price. On the day, 1.62 million shares were traded. REXR stock price reached its highest trading level at $50.31 during the session, while it also had its lowest trading level at $49.255.

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 86.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 89.88. 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 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 11157403648 and an Enterprise Value of 14594659328. As of this moment, Rexford’s Price-to-Earnings (P/E) ratio for their current fiscal year is 40.95, and their Forward P/E ratio for the next fiscal year is 36.65. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.09. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.55 while its Price-to-Book (P/B) ratio in mrq is 1.37. Its current Enterprise Value per Revenue stands at 16.824 whereas that against EBITDA is 26.066.

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 $41.56. The 50-Day Moving Average of the stock is -1.71%, while the 200-Day Moving Average is calculated to be -0.29%.

Shares Statistics:

Over the past 3-months, REXR traded about 1.57M shares per day on average, while over the past 10 days, REXR traded about 1583930 shares per day. A total of 219.52M shares are outstanding, with a floating share count of 219.06M. Insiders hold about 0.21% of the company’s shares, while institutions hold 109.20% stake in the company. Shares short for REXR as of 1726185600 were 5825499 with a Short Ratio of 3.71, compared to 1723680000 on 5030278. Therefore, it implies a Short% of Shares Outstanding of 5825499 and a Short% of Float of 3.5700000000000003.

Dividends & Splits

REXR’s forward annual dividend rate is 1.63, up from 1.595 a year ago. Against a Trailing Annual Dividend Yield of 0.03170344The stock’s 5-year Average Dividend Yield is 2.1.

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