Expert Ratings For Rexford Industrial Realty

Analysts' ratings for Rexford Industrial Realty REXR over the last quarter vary from bullish to bearish, as provided by 6 analysts.

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.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 2 2 2 0 0
Last 30D 1 0 0 0 0
1M Ago 0 1 1 0 0
2M Ago 0 0 1 0 0
3M Ago 1 1 0 0 0

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $51.83, a high estimate of $54.00, and a low estimate of $50.00. Surpassing the previous average price target of $51.40, the current average has increased by 0.84%.

price target chart

Investigating Analyst Ratings: An Elaborate Study

The standing of Rexford Industrial Realty among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Anthony Hau Truist Securities Raises Buy $54.00 $50.00
Michael Mueller JP Morgan Raises Neutral $52.00 $47.00
Samir Khanal Evercore ISI Group Announces Outperform $54.00 -
Vikram Malhotra Mizuho Lowers Neutral $50.00 $52.00
Greg McGinniss Scotiabank Lowers Sector Outperform $51.00 $55.00
Anthony Hau Truist Securities Lowers Buy $50.00 $53.00

Key Insights:

  • Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Rexford Industrial Realty. This information offers a snapshot of how analysts perceive the current state of the company.
  • Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Rexford Industrial Realty compared to the broader market.
  • Price Targets: Delving into movements, analysts provide estimates for the future value of Rexford Industrial Realty's stock. This analysis reveals shifts in analysts' expectations over time.

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 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: Financial Performance Dissected

Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.

Revenue Growth: Rexford Industrial Realty's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 21.36%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Real Estate sector.

Net Margin: Rexford Industrial Realty's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 33.57%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): Rexford Industrial Realty's ROE stands out, surpassing industry averages. With an impressive ROE of 1.01%, the company demonstrates effective use of equity capital and strong financial performance.

Return on Assets (ROA): Rexford Industrial Realty's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.64% ROA, the company effectively utilizes its assets for optimal returns.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.43.

How Are Analyst Ratings Determined?

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

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

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