Recent Performance of Rexford Industrial Realty Inc (REXR) Stock: A Closer Look

A share price of Rexford Industrial Realty Inc [REXR] is currently trading at $51.21, down -0.10%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The REXR shares have gain 1.79% over the last week, with a monthly amount glided 5.50%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Rexford Industrial Realty Inc [NYSE: REXR] stock has seen the most recent analyst activity on July 10, 2024, when Evercore ISI initiated its Outperform rating and assigned the stock a price target of $54. Previously, Wedbush started tracking the stock with Neutral rating on April 22, 2024, and set its price target to $45. On March 27, 2024, Barclays initiated with a Underweight rating and assigned a price target of $45 on the stock. JP Morgan downgraded its rating to a Neutral but stick to its price target of $55 on February 07, 2024. Robert W. Baird downgraded its rating to a Neutral and raised its price target to $61 on January 05, 2024. Scotiabank upgraded its rating to Sector Outperform for this stock on November 08, 2023, but kept the price target unchanged to $55. In a note dated October 12, 2023, Truist initiated an Buy rating and provided a target price of $56 on this stock.

Rexford Industrial Realty Inc experienced fluctuations in its stock price throughout the past year between $41.56 and $58.02. Currently, Wall Street analysts expect the stock to reach $54 within the next 12 months. Rexford Industrial Realty Inc [NYSE: REXR] shares were valued at $51.21 at the most recent close of the market. An investor can expect a potential return of 5.45% based on the average REXR price forecast.

Analyzing the REXR fundamentals

Trailing Twelve Months sales for Rexford Industrial Realty Inc [NYSE:REXR] were 864.63M which represents 21.03% growth. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at 0.38%, Pretax Profit Margin comes in at 0.32%, and Net Profit Margin reading is 0.31%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.03 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.42.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 50.94 points at the first support level, and at 50.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 51.47, and for the 2nd resistance point, it is at 51.74.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 13.00, the price to book ratio is 1.42 and price to earnings (TTM) ratio is 42.40.

Transactions by insiders

Recent insider trading involved Schwimmer Howard, Co-CEO, Co-President, that happened on Jul 26 ’24 when 30358.0 shares were sold. Officer, Schwimmer Howard completed a deal on Jul 26 ’24 to buy 30358.0 shares. Meanwhile, General Counsel & Secretary Lanzer David E. sold 18113.0 shares on Feb 12 ’24.

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