A new trading day began on Monday, with Rexford Industrial Realty Inc (NYSE: REXR) stock price up 0.63% from the previous day of trading, before settling in for the closing price of $42.74. REXR’s price has ranged from $41.56 to $58.02 over the past 52 weeks.
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Annual sales at Real Estate sector company grew by 30.15% over the past five years. Meanwhile, its annual earnings per share averaged -6.87%. With a float of $217.39 million, this company’s outstanding shares have now reached $217.82 million.
Let’s look at the performance matrix of the company that is accounted for 242 employees.
Rexford Industrial Realty Inc (REXR) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the REIT – Industrial Industry. The insider ownership of Rexford Industrial Realty Inc is 0.20%, while institutional ownership is 98.94%. The most recent insider transaction that took place on Feb 12 ’24, was worth 954,408. In this transaction General Counsel & Secretary of this company sold 18,113 shares at a rate of $52.69, taking the stock ownership to the 0 shares. Before that another transaction happened on Jul 28 ’23, when Company’s Chief Financial Officer sold 7,410 for $54.48, making the entire transaction worth $403,703. This insider now owns 2,562 shares in total.
Rexford Industrial Realty Inc (REXR) Latest Financial update
In its latest quarterly report, released on 3/31/2024, the company reported earnings of 0.26 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). 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 -6.87% 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 22.03% growth over the previous five years of trading.
Rexford Industrial Realty Inc (NYSE: REXR) Trading Performance Indicators
Here are Rexford Industrial Realty Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.40. Likewise, its price to free cash flow for the trailing twelve months is 58.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.09, a number that is poised to hit 0.25 in the next quarter and is forecasted to reach 1.30 in one year’s time.
Technical Analysis of Rexford Industrial Realty Inc (REXR)
Rexford Industrial Realty Inc (NYSE: REXR) saw its 5-day average volume 4.84 million, a positive change from its year-to-date volume of 1.99 million. As of the previous 9 days, the stock’s Stochastic %D was 15.20%. Additionally, its Average True Range was 1.22.
During the past 100 days, Rexford Industrial Realty Inc’s (REXR) raw stochastic average was set at 6.94%, which indicates a significant decrease from 14.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.00% in the past 14 days, which was higher than the 26.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $50.07, while its 200-day Moving Average is $51.15. Nevertheless, the first resistance level for the watch stands at $43.38 in the near term. At $43.75, the stock is likely to face the second major resistance level. The third major resistance level sits at $44.31. If the price goes on to break the first support level at $42.45, it is likely to go to the next support level at $41.89. The third support level lies at $41.52 if the price breaches the second support level.
Rexford Industrial Realty Inc (NYSE: REXR) Key Stats
With a market capitalization of 9.37 billion, the company has a total of 217,821K Shares Outstanding. Currently, annual sales are 797,830 K while annual income is 238,020 K. The company’s previous quarter sales were 214,100 K while its latest quarter income was 61,370 K.
