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

Rexford Industrial Realty (NYSE:REXR) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 2.380-2.430 for the period, compared to the consensus estimate of 2.390. The company issued revenue guidance of -.

Rexford Industrial Realty Price Performance

Shares of Rexford Industrial Realty stock opened at $38.41 on Friday. The stock has a market cap of $8.57 billion, a price-to-earnings ratio of -21.22 and a beta of 1.18. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.70 and a current ratio of 1.70. The stock has a 50 day moving average price of $37.21 and a 200-day moving average price of $35.66. Rexford Industrial Realty has a one year low of $32.14 and a one year high of $44.38.

Rexford Industrial Realty (NYSE:REXR) last released its quarterly earnings results on Thursday, July 23rd. The real estate investment trust reported ($2.26) earnings per share for the quarter, missing the consensus estimate of $0.60 by ($2.86). The company had revenue of $243.00 million for the quarter, compared to analysts’ expectations of $240.24 million. Rexford Industrial Realty had a negative net margin of 39.22% and a negative return on equity of 4.61%. The business’s quarterly revenue was down 1.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.59 EPS. Rexford Industrial Realty has set its FY 2026 guidance at 2.380-2.430 EPS. Equities analysts expect that Rexford Industrial Realty will post 2.4 EPS for the current year.

Rexford Industrial Realty Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be paid a $0.435 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $1.74 annualized dividend and a dividend yield of 4.5%. Rexford Industrial Realty’s dividend payout ratio is currently -96.13%.

Wall Street Analysts Forecast Growth

REXR has been the topic of a number of recent analyst reports. Scotiabank increased their price objective on shares of Rexford Industrial Realty from $38.00 to $40.00 and gave the stock a “sector outperform” rating in a research report on Monday, August 31st. Weiss Ratings upgraded Rexford Industrial Realty from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday. Raymond James Financial raised Rexford Industrial Realty from an “underperform” rating to a “market perform” rating in a research note on Tuesday. Jefferies Financial Group downgraded Rexford Industrial Realty from a “buy” rating to a “hold” rating and set a $40.00 price target on the stock. in a report on Thursday, August 6th. Finally, Wells Fargo & Company decreased their price target on Rexford Industrial Realty from $44.00 to $43.00 and set an “overweight” rating for the company in a research note on Tuesday, September 1st. Five investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $41.00.

Rexford Industrial Realty Company Profile

Rexford Industrial Realty, Inc is a real estate investment trust that owns, operates and redevelops industrial properties in Southern California. The company focuses primarily on infill industrial real estate, including warehouses, distribution facilities, manufacturing buildings and other properties used for logistics and commercial operations.

Rexford seeks to create value through the acquisition, leasing, repositioning, redevelopment and development of industrial properties. Its properties are generally located in densely populated and supply-constrained markets across the region, where proximity to customers, transportation infrastructure and major population centers can support demand for industrial space.

Founded in 2001, Rexford Industrial Realty has built a portfolio concentrated in the Greater Los Angeles and San Diego areas.