Analysts See $0.24 EPS for Rexford Industrial Realty Inc (REXR)

October 13, 2017 - By Peter Erickson

 Analysts See $0.24 EPS for Rexford Industrial Realty Inc (REXR)
Investors sentiment increased to 1.7 in 2017 Q2. Its up 0.37, from 1.33 in 2017Q1. It increased, 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.
Sg Americas Secs Limited Liability Corporation accumulated 4,188 shares. Macquarie Grp reported 18,900 shares or 0% of all its holdings. Indexiq Advisors Ltd reported 0.11% stake. Carlson Limited Partnership reported 589,275 shares. Wellington Mngmt Gp Ltd Liability Partnership accumulated 3.99 million shares. Navellier & Associate invested 0.16% in Rexford Industrial Realty Inc (NYSE:REXR). State Of Wisconsin Investment Board accumulated 15,457 shares. Tfs Lc holds 0.15% or 14,395 shares. Aqr Llc invested in 73,212 shares or 0% of the stock. The Florida-based State Board Of Administration Of Florida Retirement Sys has invested 0% in Rexford Industrial Realty Inc (NYSE:REXR). Prudential Finance invested in 0.06% or 1.58 million shares. Legal And General Grp Public Limited Com owns 605,279 shares for 0.01% of their portfolio. Kbc Nv, Belgium-based fund reported 23,348 shares. Franklin holds 0.01% or 452,702 shares in its portfolio. State Street holds 0.01% or 2.23 million shares.

Since May 10, 2017, it had 0 insider purchases, and 1 insider 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. The firm earned “Hold” rating on Monday, May 16 by Hudson Square Research. The rating was downgraded by JP Morgan to “Neutral” on Tuesday, September 26. The stock of Rexford Industrial Realty Inc (NYSE:REXR) has “Buy” rating given on Monday, September 25 by Jefferies. Wunderlich maintained it with “Hold” rating and $20 target in Monday, May 16 report. The company was maintained on Wednesday, September 13 by Stifel Nicolaus. The stock of Rexford Industrial Realty Inc (NYSE:REXR) has “Buy” rating given on Monday, July 24 by Jefferies. As per Monday, May 15, the company rating was maintained by National Securities. The stock of Rexford Industrial Realty Inc (NYSE:REXR) earned “Buy” rating by Jefferies on Wednesday, August 23. The stock has “Overweight” rating by Capital One on Monday, November 2. The firm has “Hold” rating by Wunderlich given on Monday, February 22.

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: Nasdaq.com which released: “Rexford Industrial Realty, Inc. (REXR) Ex-Dividend Date Scheduled for …” on September 27, 2017, also Prnewswire.com with their article: “Rexford Industrial Provides Update On Recent ATM Activity” published on October 02, 2017, Nasdaq.com published: “The Zacks Analyst Blog Highlights: Rexford Industrial Realty, PS Business …” on September 12, 2017. More interesting news about Rexford Industrial Realty Inc (NYSE:REXR) were released by: Therealdeal.com and their article: “Rexford nabs giant campus near Compton for $210.5M” published on July 19, 2017 as well as Prnewswire.com‘s news article titled: “Rexford Industrial Announces Completion Of 317000 SF Of Value-Add …” with publication date: October 12, 2017.

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