The Stock Of The Week: Rexford Industrial Realty Inc. (REXR)


As of Friday close, Rexford Industrial Realty Inc.’s (NYSE:REXR) stock was down -$0.79, moving down -1.36 percent to $57.47. The average number of shares traded per day over the past five days has been 1,836,480 shares. 3 times new highs have been achieved over the past 5 days, with a $1.06 gain in that time frame. In the last twenty days, the average volume was 1,497,075, while in the previous 50 days, it was 1,348,120.

Since last month, REXR stock retreated -7.89%. Shares of the company fell to $55.94 on 03/13/23, the lowest level in the past month. A 52-week high of $84.68 was reached on 02/02/23 after having rallying from a 52-week low of $48.74. Since the beginning of this year, REXR’s stock price has risen by 5.18% or $2.83, and marked a new high 16 times. However, the stock has declined by -32.13% since its 52-week high.

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REXR stock investors should be aware that Rexford Industrial Realty Inc. (REXR) stock had its last reported insider trading activity 4 days ago on Mar 14. Lanzer David E., the General Counsel & Secretary of the company, disposed of 16,778 shares for $58.16 on Mar 14. It resulted in a $975,891 divestment by the insider. Schwimmer Howard sold 15,350 shares at an average price of $65.27 on Aug 01. The insider now owns 52,720 shares following the transaction. On Jul 25, Co-CEO, Co-President Schwimmer Howard sold 16,402 shares at $62.15 apiece. The transaction was valued at $1,019,361.

Valuation Metrics

Right now, Rexford Industrial Realty Inc. (REXR) has a P/E ratio of about 62.20. The stock’s beta is 0.87. Besides these, the trailing price-to-sales (P/S) ratio of 18.01, the price-to-book (PB) ratio of 1.65, and the price-to-cash flow ratio of 61.80 may also be considered.

The latest dividend of $0.38 per share was paid out, which is 20.63% more than last year’s $0.3150.

Financial Health

According to company report, the long-term debt-to-equity ratio for the quarter ending December 30 was 0.30. On the profitability front, the trailing twelve-month gross margin is 76.20% percent. In the year ended December 30, operating margins totaled 34.40%. Based on annual data, REXR earned $219.64 million in gross profit and brought in $631.2 million in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 2.60%. Return on equity (ROE) for the past 12 months was 2.80%.

In Rexford Industrial Realty Inc.’s quarter-end financial report for December 30, it reported total debt of $1.94 billion against cash and short-term investments of $1.63 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. REXR’s revenue rose 25.69% to $162.75 million during the quarter, while net income inched up to $178.59 million. While analysts expected Rexford Industrial Realty Inc. to report $0.22 quarterly earnings, the actual figure was $0.22 per share. During the quarter, the company generated $104.87 million in EBITDA. The value of shareholders’ equity is $196.73 million.

Technical Picture

This quick technical analysis looks at Rexford Industrial Realty Inc.’s (REXR) price momentum. With a historical volatility rate of 33.88%, the RSI 9-day stood at 36.78% on 17 March.

With respect to its five-day moving average, the current Rexford Industrial Realty Inc. price is up by +1.88% percent or $1.06. At present, REXR shares trade -7.08% below its 20-day simple moving average and +15.29% percent above its 100-day simple moving average. However, the stock is currently trading approximately +1.75% above its SMA50 and -10.02% below its SMA200.

Stochastic coefficient K was 34.87% and Stochastic coefficient D was 39.86%, while ATR was 1.59. Given the Stochastic reading of 25.96% for the 14-day period, the RSI (14) reading has been calculated as 39.56%. As of today, the MACD Oscillator reading stands at -0.58, while the 14-day reading stands at -1.36.

With a median target price of $69.00, the current consensus forecast for the stock is $62.00 – $81.00. Based on these forecasts, analysts predict Rexford Industrial Realty Inc. (REXR) will achieve an average price target of $70.33.


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