REXR Stocks Get A “Hold” Rating From Seven Brokerages

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REXR
REXR

Seven analysts covering NYSE: REXR stock’s performance announced in a report issued this week that Rexford Industrial Realty, Inc. gets a consensus rating of “Hold” from the brokerages.

Among the seven who have posted their ratings on the company, one gave a “Sell” rating, two analysts have given out a “Buy” rating. A majority of four have assigned the rating of “Hold” to the stock. The average price target (PT) currently stands at $47.00 issued on the stock last year.

Rexford Industrial Realty, Inc. stocks traded at $47.72 this Friday. The company’s current market capitalization stands at $6.27 billion. It has a positive PE ratio of 82.28 along with a beta of 0.59 at the moment. The PEG ratio stands at 5.10. Along with this, the company’s current ratio is 6.45, the quick ratio is 6.46 and the debt-to-equity ratio is 0.32. The 12-monthly high to low ranges from $53.00 to $31.79. The 50SMA (50 Days Simple Moving Average) stands at $49.26 and its 200SMA stands at $48.24.

NYSE: REXR Stock Detailed Analysis

The quarterly earnings report for the previous quarter was released on the 10th of February. The earnings of REXR stocks stood at $0.10 EPS matching the general consensus of $0.33 proposed by analysts at Zacks Investment Research. The company’s return on equity stands at 3.14% along with a net margin of 26.29%.

The estimated income for the firm was marked at $88.19 million but it made $88.65 million for the quarter. Available data show that the company’s revenue increased by 19.2% on a year-over-year basis. During the corresponding quarter previous year, the company posted an EPS of 1.47. Analysts expect the company to post Full Year 2020 earnings per share of 1.31.

NYSE: REXR has recently been the subject of a lot of reports by equities analysts. Some such as Zacks Investment Research, TheStreet, and so on have posted reports on this firm over the last few months.