Navigating 5 Analyst Ratings For Rexford Industrial Realty

During the last three months, 5 analysts shared their evaluations of Rexford Industrial Realty REXR, revealing diverse outlooks from bullish to bearish.

The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.

Analysts have recently evaluated Rexford Industrial Realty and provided 12-month price targets. The average target is $55.4, accompanied by a high estimate of $61.00 and a low estimate of $49.00. This current average represents a 1.65% decrease from the previous average price target of $56.33.

Decoding Analyst Ratings: A Detailed Look

A comprehensive examination of how financial experts perceive Rexford Industrial Realty is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Rexford Industrial Realty. This insight gives a snapshot of analysts' perspectives on the current state of the company.
• Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Rexford Industrial Realty compared to the broader market.
• Price Targets: Understanding forecasts, analysts offer estimates for Rexford Industrial Realty's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Rexford Industrial Realty's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Rexford Industrial Realty analyst ratings.

Unveiling the Story Behind Rexford Industrial Realty

Rexford Industrial Realty Inc is a real estate investment trust primarily engaged in the acquisition, ownership, and operation of industrial properties in Southern California. The company mainly focuses on leasing facilities in infill markets or relatively wealthy urban areas with a general scarcity of developable land. The vast majority of Rexford's real estate portfolio, in terms of square footage, revenue generation, and total value, comprises light manufacturing and distribution warehouse buildings located in Los Angeles and San Diego. The company's largest tenants are firms in the wholesale and retail, light manufacturing, industrial equipment, and food and beverage industries.

A Deep Dive into Rexford Industrial Realty's Financials

Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.

Revenue Growth: Rexford Industrial Realty's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2023, the company achieved a revenue growth rate of approximately 26.21%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Real Estate sector.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 27.43%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 0.79%, the company may need to address challenges in generating satisfactory returns for shareholders.

Return on Assets (ROA): Rexford Industrial Realty's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.54%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: Rexford Industrial Realty's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.3.

How Are Analyst Ratings Determined?

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

This article was generated by Benzinga's automated content engine and reviewed by an editor.