Rexford Industrial Realty Inc [NYSE: REXR] loss -0.52% on the last trading session, reaching $40.56 price per share at the time.
If compared to the average trading volume of 1.93M shares, REXR reached a trading volume of 4416170 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Rexford Industrial Realty Inc [REXR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for REXR shares is $44.69 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on REXR stock is a recommendation set at 2.38. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Deutsche Bank have made an estimate for Rexford Industrial Realty Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on January 14, 2025. While these analysts kept the previous recommendation, Scotiabank dropped their target price from $55 to $48. The new note on the price target was released on October 25, 2024, representing the official price target for Rexford Industrial Realty Inc stock. Previously, the target price had yet another drop from $66 to $49, while BofA Securities kept a Neutral rating on REXR stock.
The Average True Range (ATR) for Rexford Industrial Realty Inc is set at 1.12, with the Price to Sales ratio for REXR stock in the period of the last 12 months amounting to 9.60. The Price to Book ratio for the last quarter was 1.12, with the Price to Cash per share for the same quarter was set at 0.25. Price to Free Cash Flow for REXR in the course of the last twelve months was 95.64.
Trading performance analysis for REXR stock
Rexford Industrial Realty Inc [REXR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.47. With this latest performance, REXR shares gained by 4.67% in over the last four-week period, additionally sinking by -16.87% over the last 6 months – not to mention a drop of -22.46% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for REXR stock in for the last two-week period is set at 53.26, with the RSI for the last a single of trading hit 54.06, and the three-weeks RSI is set at 51.23 for Rexford Industrial Realty Inc [REXR]. The present Moving Average for the last 50 days of trading for this stock 40.04, while it was recorded at 40.57 for the last single week of trading, and 45.09 for the last 200 days.
Rexford Industrial Realty Inc [REXR]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for REXR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Rexford Industrial Realty Inc go to 10.06%.
An analysis of Institutional ownership at Rexford Industrial Realty Inc [REXR]
There are presently around $119.85%, or 119.98%% of REXR stock, in the hands of institutional investors. The top three institutional holders of REXR stocks are: VANGUARD GROUP INC with ownership of 29.42 million shares, which is approximately 13.7238%. BLACKROCK INC., holding 27.48 million shares of the stock with an approximate value of $$1.23 billion in REXR stocks shares; and BLACKROCK INC., currently with $$1.19 billion in REXR stock with ownership which is approximately 12.4988%.
