What 5 Analyst Ratings Have To Say About Rexford Industrial Realty

In the latest quarter, 5 analysts provided ratings for Rexford Industrial Realty REXR, showcasing a mix of bullish and bearish perspectives.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $52.4, with a high estimate of $57.00 and a low estimate of $45.00. Highlighting a 7.53% decrease, the current average has fallen from the previous average price target of $56.67.

Investigating Analyst Ratings: An Elaborate Study

A clear picture of Rexford Industrial Realty's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Rexford Industrial Realty. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect 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.

To gain a panoramic view of Rexford Industrial Realty's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on Rexford Industrial Realty analyst ratings.

About Rexford Industrial Realty

Rexford Industrial Realty Inc is a real estate investment trust 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 tenants are firms in the wholesale and retail, light manufacturing, industrial equipment, and food and beverage industries.

Rexford Industrial Realty: Delving into Financials

Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.

Positive Revenue Trend: Examining Rexford Industrial Realty's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 17.83% as of 31 December, 2023, showcasing a substantial increase in 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: Rexford Industrial Realty's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 29.31% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): Rexford Industrial Realty's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.83% ROE, the company effectively utilizes shareholder equity capital.

Return on Assets (ROA): Rexford Industrial Realty's ROA stands out, surpassing industry averages. With an impressive ROA of 0.57%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: Rexford Industrial Realty's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.29.

What Are Analyst Ratings?

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per 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.