Rexford Industrial Realty (NYSE:REXR) Releases FY 2026 Earnings Guidance

Rexford Industrial Realty (NYSE:REXR) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 2.370-2.42 for the period, compared to the consensus estimate of 2.400. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. JPMorgan Chase & Co. cut their price objective on Rexford Industrial Realty from $42.00 to $39.00 and set a “neutral” rating for the company in a report on Wednesday, February 18th. Scotiabank cut their price objective on Rexford Industrial Realty from $44.00 to $39.00 and set a “sector perform” rating for the company in a report on Monday, March 2nd. Truist Financial cut their price objective on Rexford Industrial Realty from $44.00 to $40.00 and set a “buy” rating for the company in a report on Wednesday, February 18th. Zacks Research lowered Rexford Industrial Realty from a “hold” rating to a “strong sell” rating in a report on Wednesday, February 4th. Finally, Citigroup cut their price objective on Rexford Industrial Realty from $46.00 to $39.00 and set a “neutral” rating for the company in a report on Friday, February 13th. Four investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Rexford Industrial Realty presently has an average rating of “Hold” and an average target price of $41.92.

Rexford Industrial Realty Trading Up 0.1%

Shares of Rexford Industrial Realty stock traded up $0.04 on Thursday, reaching $36.30. 2,804,455 shares of the company were exchanged, compared to its average volume of 2,636,853. The stock has a fifty day moving average price of $35.41 and a 200-day moving average price of $38.87. The firm has a market capitalization of $8.15 billion, a price-to-earnings ratio of 42.71, a price-to-earnings-growth ratio of 2.65 and a beta of 1.26. The company has a current ratio of 2.51, a quick ratio of 2.51 and a debt-to-equity ratio of 0.37. Rexford Industrial Realty has a fifty-two week low of $32.14 and a fifty-two week high of $44.38.

Rexford Industrial Realty (NYSE:REXR) last announced its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.11. The company had revenue of $242.14 million for the quarter, compared to analyst estimates of $243.79 million. Rexford Industrial Realty had a return on equity of 2.37% and a net margin of 21.03%.Rexford Industrial Realty has set its FY 2026 guidance at 2.370-2.42 EPS. On average, analysts expect that Rexford Industrial Realty will post 2.4 EPS for the current year.

Rexford Industrial Realty Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were issued a dividend of $0.435 per share. This is a positive change from Rexford Industrial Realty’s previous quarterly dividend of $0.43. This represents a $1.74 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date was Tuesday, March 31st. Rexford Industrial Realty’s dividend payout ratio is presently 204.71%.

Insiders Place Their Bets

In other Rexford Industrial Realty news, COO Laura E. Clark purchased 5,310 shares of the stock in a transaction dated Friday, February 27th. The shares were acquired at an average price of $37.73 per share, for a total transaction of $200,346.30. Following the completion of the acquisition, the chief operating officer owned 5,310 shares of the company’s stock, valued at $200,346.30. This represents a ? increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Michael S. Frankel sold 23,132 shares of Rexford Industrial Realty stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $35.29, for a total value of $816,328.28. Following the transaction, the chief executive officer owned 560,406 shares in the company, valued at $19,776,727.74. This represents a 3.96% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have acquired 12,960 shares of company stock worth $486,804. 1.20% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Corient Private Wealth LLC grew its stake in Rexford Industrial Realty by 56.7% in the fourth quarter. Corient Private Wealth LLC now owns 12,643 shares of the real estate investment trust’s stock valued at $490,000 after purchasing an additional 4,574 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its stake in Rexford Industrial Realty by 14.4% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 13,507 shares of the real estate investment trust’s stock valued at $523,000 after purchasing an additional 1,696 shares in the last quarter. First Citizens Bank & Trust Co. grew its stake in Rexford Industrial Realty by 5.6% in the fourth quarter. First Citizens Bank & Trust Co. now owns 21,279 shares of the real estate investment trust’s stock valued at $824,000 after purchasing an additional 1,132 shares in the last quarter. NewEdge Advisors LLC purchased a new position in Rexford Industrial Realty in the fourth quarter valued at about $329,000. Finally, Empowered Funds LLC purchased a new position in Rexford Industrial Realty in the fourth quarter valued at about $125,000. Hedge funds and other institutional investors own 99.52% of the company’s stock.

About Rexford Industrial Realty

Rexford Industrial Realty, Inc (NYSE: REXR) is a real estate investment trust (REIT) specializing in the acquisition, ownership and operation of industrial properties in Southern California. The company’s portfolio is concentrated in infill locations across key supply-chain markets, where it targets modern distribution centers, logistics facilities and light manufacturing spaces. Rexford’s strategy emphasizes buildings that offer proximity to major transportation routes and labor pools, catering to tenants in e-commerce, third-party logistics and manufacturing industries.

Since its founding in 2013, Rexford Industrial Realty has executed a disciplined growth plan driven by property acquisitions, selective development projects and strategic value-add initiatives.