On January 24, 2023, Rexford Industrial Realty Inc. (NYSE: REXR) opened at $61.26, higher 0.49% from the last session. During the day, the shares moved up to $62.33 and dropped to $60.6999 before settling in for the closing price of $61.62. Price fluctuations for REXR have ranged from $48.74 to $84.68 over the past 52 weeks.
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Real Estate Sector giant saw their annual sales surged by 29.10% over the last five years. Company’s average yearly earnings per share was noted 57.60% at the time writing. With a float of $194.09 million, this company’s outstanding shares have now reached $194.99 million.
The firm has a total of 186 workers. Let’s measure their productivity. In terms of profitability, gross margin is +42.79, operating margin of +31.86, and the pretax margin is +30.09.
Rexford Industrial Realty Inc. (REXR) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the REIT – Industrial industry is another important factor to consider. The insider ownership of Rexford Industrial Realty Inc. is 0.48%, while institutional ownership is 98.10%. The most recent insider transaction that took place on Aug 01, was worth 1,001,856. In this transaction Co-CEO, Co-President of this company sold 15,350 shares at a rate of $65.27, taking the stock ownership to the 52,720 shares. Before that another transaction happened on Jul 25, when Company’s Co-CEO, Co-President sold 16,402 for $62.15, making the entire transaction worth $1,019,361. This insider now owns 68,070 shares in total.
Rexford Industrial Realty Inc. (REXR) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 9/29/2022, the company posted $0.21 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at $0.22) by -$0.01. This company achieved a net margin of +28.20 while generating a return on equity of 3.18. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.26 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 57.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to 17.10% growth over the previous five years of trading.
Rexford Industrial Realty Inc. (NYSE: REXR) Trading Performance Indicators
Check out the current performance indicators for Rexford Industrial Realty Inc. (REXR). In the past quarter, the stock posted a price to sales ratio for the trailing twelve months stands at 20.45. Likewise, its price to free cash flow for the trailing twelve months is 65.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.93, a number that is poised to hit 0.22 in the next quarter and is forecasted to reach 1.06 in one year’s time.
Technical Analysis of Rexford Industrial Realty Inc. (REXR)
Analysing the last 5-days average volume posted by the [Rexford Industrial Realty Inc., REXR], we can find that recorded value of 1.3 million was better than the volume posted last year of 1.12 million. As of the previous 9 days, the stock’s Stochastic %D was 94.88%. Additionally, its Average True Range was 1.56.
During the past 100 days, Rexford Industrial Realty Inc.’s (REXR) raw stochastic average was set at 77.23%, which indicates a significant decrease from 95.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.12% in the past 14 days, which was lower than the 35.26% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $55.74, while its 200-day Moving Average is $60.89. Now, the first resistance to watch is $62.60. This is followed by the second major resistance level at $63.28. The third major resistance level sits at $64.23. If the price goes on to break the first support level at $60.97, it is likely to go to the next support level at $60.02. Now, if the price goes above the second support level, the third support stands at $59.34.
Rexford Industrial Realty Inc. (NYSE: REXR) Key Stats
There are currently 183,493K shares outstanding in the company with a market cap of 11.97 billion. Presently, the company’s annual sales total 452,240 K according to its annual income of 128,240 K. Last quarter, the company’s sales amounted to 162,750 K and its income totaled 39,280 K.