Rexford Industrial Realty Inc (REXR) EPS Estimated At $0.24

October 13, 2017 - By Kurt Siggers

 Rexford Industrial Realty Inc (REXR) EPS Estimated At $0.24
Investors sentiment increased to 1.7 in 2017 Q2. Its up 0.37, from 1.33 in 2017Q1. It is positive, as 13 investors sold Rexford Industrial Realty Inc shares while 37 reduced holdings. 26 funds opened positions while 59 raised stakes. 67.26 million shares or 6.74% more from 63.01 million shares in 2017Q1 were reported.
Manning & Napier Advsr Ltd Llc reported 0.08% in Rexford Industrial Realty Inc (NYSE:REXR). Clearbridge Invests Lc holds 0% or 22,060 shares. Jpmorgan Chase & stated it has 509,043 shares. Susquehanna Gru Limited Liability Partnership stated it has 0% of its portfolio in Rexford Industrial Realty Inc (NYSE:REXR). Legal And General Gp Plc owns 605,279 shares. Royal Bancorporation Of Canada reported 76,220 shares or 0% of all its holdings. 42,394 were accumulated by Credit Agricole S A. Teachers Ins & Annuity Association Of America has invested 0.06% in Rexford Industrial Realty Inc (NYSE:REXR). Macquarie Group owns 0% invested in Rexford Industrial Realty Inc (NYSE:REXR) for 18,900 shares. Northwestern Mutual Wealth Mgmt holds 0% or 177 shares. Franklin Res reported 0.01% stake. Suffolk Cap Management Ltd reported 25,279 shares. Heitman Real Est Securities Limited Liability Company owns 765,441 shares for 1.31% of their portfolio. Ubs Asset Mgmt Americas holds 126,770 shares or 0% of its portfolio. Stifel invested 0% of its portfolio in Rexford Industrial Realty Inc (NYSE:REXR).

Since May 10, 2017, it had 0 insider purchases, and 1 sale for $367,804 activity.

Analysts await Rexford Industrial Realty Inc (NYSE:REXR) to report earnings on November, 1. They expect $0.24 EPS, up 9.09 % or $0.02 from last year’s $0.22 per share. REXR’s profit will be $17.02M for 31.57 P/E if the $0.24 EPS becomes a reality. After $0.23 actual EPS reported by Rexford Industrial Realty Inc for the previous quarter, Wall Street now forecasts 4.35 % EPS growth. The stock decreased 0.46% or $0.14 during the last trading session, reaching $30.31. About 427,738 shares traded. Rexford Industrial Realty Inc (NYSE:REXR) has risen 36.17% since October 13, 2016 and is uptrending. It has outperformed by 19.47% the S&P500.

Rexford Industrial Realty Inc (NYSE:REXR) Ratings Coverage

Among 12 analysts covering Rexford Industrial (NYSE:REXR), 4 have Buy rating, 0 Sell and 8 Hold. Therefore 33% are positive. Rexford Industrial had 23 analyst reports since July 21, 2015 according to SRatingsIntel. As per Wednesday, August 23, the company rating was maintained by Jefferies. Capital One downgraded the shares of REXR in report on Wednesday, February 24 to “Equal Weight” rating. The rating was maintained by Jefferies on Monday, September 25 with “Buy”. As per Tuesday, December 15, the company rating was downgraded by Wells Fargo. Stifel Nicolaus maintained it with “Buy” rating and $3000 target in Friday, July 14 report. Wunderlich downgraded Rexford Industrial Realty Inc (NYSE:REXR) on Monday, February 22 to “Hold” rating. The firm earned “Neutral” rating on Monday, May 15 by National Securities. The stock has “Buy” rating by Jefferies on Monday, July 24. The firm has “Buy” rating given on Wednesday, December 16 by Stifel Nicolaus. Wunderlich maintained Rexford Industrial Realty Inc (NYSE:REXR) rating on Monday, May 16. Wunderlich has “Hold” rating and $20 target.

Rexford Industrial Realty, Inc. is a self-administered and self-managed full-service real estate investment trust . The company has market cap of $2.15 billion. The Firm is focused on owning, operating and acquiring industrial properties in Southern California infill markets. It has a 65.6 P/E ratio. Rexford Industrial Realty, L.P. is the operating partnership of the Company.

More notable recent Rexford Industrial Realty Inc (NYSE:REXR) news were published by: Therealdeal.com which released: “Rexford nabs giant campus near Compton for $210.5M” on July 19, 2017, also Nasdaq.com with their article: “The Zacks Analyst Blog Highlights: Rexford Industrial Realty, PS Business …” published on September 12, 2017, Prnewswire.com published: “Rexford Industrial Announces Completion Of 317000 SF Of Value-Add …” on October 12, 2017. More interesting news about Rexford Industrial Realty Inc (NYSE:REXR) were released by: Labusinessjournal.com and their article: “Rexford Industrial Realty Acquires Ontario’s Safari Business Center for $141 …” published on May 26, 2017 as well as Prnewswire.com‘s news article titled: “Rexford Industrial Provides Update On Recent ATM Activity” with publication date: October 02, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.